A predictive advertising technology firm named Cadent, which is a portfolio company of Novacap, a private equity firm, has announced an acquisition of a company named VuePlanner, a leading solution in the space of planning, optimizing, and measuring video ads on YouTube. With this acquisition, Cadent increases the reach of their unified platform, which will include high-quality content from ‘premium creators on YouTube for the first time, besides linear television and Connected Television.
“This acquisition reinforces Cadent’s vision to deliver a genuinely unified platform attuned to the realities of a converged media landscape and consumption behavior,” says Nick Troiano, CEO of Cadent. “With VuePlanner, Cadent is now the only platform offering the capability to deliver a Total Video strategy inclusive of linear and Connected TV, in addition to activating premium creator content on YouTube.”
The acquisition brings under the aegis of Cadent all of VuePlanner’s advanced capabilities, such as tools, signals, audience intelligence, predictive targeting, quality scoring, and self-serve measurement solutions. With VuePlanner being a part of YouTube’s Measurement Program, this puts in Cadent’s hands access to high-intent environments with high-quality content on a massive scale, further enhancing their array of video advertising solutions.
The financial consideration involved in this acquisition did not go into the public domain, but founding leaders in VuePlanner, including co-founder John Cobb, will join Cadent after this acquisition, with Cobb becoming the Executive Vice President and General Manager for Cadent VuePlanner.
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What this Acquisition Means for the B2B Marketing & Advertising Industry
The conventional advertising network has witnessed a dramatic overhaul in recent years owing to consumer behavior shifts, a fragmented viewer base, and increased significance of digital online video sharing sites such as YouTube. The acquisition of VuePlanner by Cadent can thus be seen as a tactical move in such a context and will impact the B2B marketing and advertising segment in a multiplicity of ways.
Unifying Video Advertising in an Omnichannel World
One of the most pressing issues for brands and advertising agencies today is dealing with video advertising efforts across various screens and formats, including conventional television screens and digital channels. Even though Connected Television has experienced staggering gains in popularity in a short span, a platform such as YouTube witnesses incredible usage each day, with over 60% of internet-accessing Americans logging into YouTube every day.
With the integration of VuePlanner into its platform, Cadent is now able to provide a one-stop solution to marketers with a Total Video strategy, which encourages optimization and activation in linear TV, CTV, and YouTube, thus getting rid of complicated workflows in one go, which is a relief for B2B marketers dealing with complicated screen engagements.
Enhanced Audience Insights & Predictive Targeting
The technology of VuePlanner combines AI-driven audience insights, context information, and predictive media analytics, which is vital in targeting the right people at the right time. VuePlanner is important in B2B advertising because, in such marketing, the path to making decisions is longer and thus a need for accuracy in targeting different personas.
With more information available in context and better targeting capabilities, B2B marketers can better personalize their messaging, budget accordingly with forecasted outcomes of engagement, and maximize ROI on their investments in video advertising regardless of its application in demand generation, lead nurturing, or speeding up sales cycles.
Better Measurement & Attribution Across Formats
Measuring and attributing in video advertising is an essential problem. Traditionally, television commercial advertising bought media and impact using a model based on awareness with minimal or bottom-line ROI indicators. With the increasing consumption of digital and online video content, this is evolving.
As a partnered feature with YouTube’s official Measurement Program called VuePlanner, this will allow Cadent media companies to provide an independent level of verification for their advertising clients, noting performance in pre-bid transparencies, quality scores, and predictive performance. As a benefit to B2B marketers challenged with a need to deliver performance in exacting metrics from engagement to lead quality, this technology enhances a level of cross-media performance attribution.
The Media Fragmentation Solution: A Total Video Strategy
The media environment is a far cry from a series of siloed platforms; consumption is a complex pattern of devices and channels. Connected television, online video, and properties such as YouTube share time with more traditional forms of broadcasting.
Cadent’s unified Total Video platform, enhanced by the addition of VuePlanner’s knowledge in the area of YouTube, puts marketers in a better position to address this challenge with strategic thinking rather than constituent parts. This is especially important in the realm of B2B companies, which need to present a cohesive message across all segments of a buyer’s path to conversion.
Empowering Agencies with Streamlined Workflows and Insights
For the agency side, this means less integration work, less platform fragmentation, and a simpler business on the inside. Being able to plan, activate, optimize, and report on video campaigns – linear, CTV, and YouTube – in a single platform boils down to quicker execution and less friction in operations for clients.
They can remove complexity in reporting for clients, leverage creative solutions across screens in a seamless manner, and switch course in a short span with real-time data.
Impact on Businesses Operating in Advertising Ecosystem
And this acquisition also holds other implications for companies operating in or around the B2B advertising space:
- Consolidation of media technology solution providers: As capabilities grow with acquisitions, brands and their agencies may turn increasingly to single technology solutions rather than a series of individual solutions.
- Increased focus on quality and outcomes: The demand for solutions with accountable performance metrics, especially for buys where money went into video historically associated with upper funnel outcomes, will continue to grow.
- Opportunity for innovation in creative formats: With better targeting and measurement capabilities, more targeted and strategic video creative formats can be tested based on business outcomes, rather than simple branding messages.
- Early adopters’ competitive advantage: Companies with brands that adopt a unified AI-enabled video approach early on have a competitive advantage in terms of efficiency in a saturated market.
Conclusion
The acquisition of VuePlanner by Cadent is not simply a tactical move but marks a whole new dimension in a unified, predictive, and measurable approach to video advertising. For all B2B marketing and advertising executives, this signals a whole new level of maturity in a video ecosystem where strategic planning, targeting, optimizing, and measuring investments in video content or advertising can be achieved across all screens and formats. With a fragmented viewer behavior in consumption of media and attention shifting towards digital video content, solutions such as Total Video from Cadent will become all the more relevant in helping businesses reach consumers effectively and achieve tangible results from advertising investments.
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