Caroline McCarthy, Author at Infillion https://infillion.com/blog/author/caromccarthy/ Humanizing the Connected Future Wed, 30 Oct 2024 16:27:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://infillion.com/wp-content/uploads/2022/01/cropped-favicon-dark-32x32.png Caroline McCarthy, Author at Infillion https://infillion.com/blog/author/caromccarthy/ 32 32 Q&A: Why Supporting Diverse-Owned Media Is Part Of A Great Multicultural Strategy https://infillion.com/blog/diverse-owned-media/ Wed, 30 Oct 2024 16:26:54 +0000 https://infillion.com/?p=62636 Discover why supporting diverse-owned media is essential for effective multicultural marketing strategies. In this Q&A with Mirror Digital's CEO, Sheila Marmon, explore how authenticity fosters trust, the pitfalls of unmet commitments, and strategies for advertisers to maintain support for diverse media amid budget constraints.

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Q&A: Why Supporting Diverse-Owned Media Is Part Of A Great Multicultural Strategy

Reaching multicultural audiences is often spoken about separately from putting spend behind media owned by members of underrepresented groups – and when this happens, brands are missing an opportunity. For our recent research report Engaging Multicultural Audiences, we found out what Mirror Digital’s CEO, Sheila Marmon, has to say about why the two can and should go hand-in-hand for advertisers.

Q: Why should marketers’ strategies for reaching multicultural audiences also include investing in media owned by members of underrepresented groups?

A: Authenticity builds trust and trust builds brand loyalty. Marketers need consumers to believe in their message and/or products. To do that, consumers need to experience authentic representation from those marketers. As diverse-owned media operators, Mirror Digital is a part of the target audiences these marketers fight to reach. Our approach to driving client and partner success is rooted in prioritizing ad campaigns that deliver both measurable results for our clients and lasting financial empowerment for diverse and underrepresented audiences.

Q: Some advertiser and agency commitments to backing diverse-owned media haven’t lived up to promises. Why is this?

A: Those advertisers and agencies choose money over mission when the fact is, they could choose both. Despite a shared responsibility, and in some cases a publicized promise, brands who never implemented a diverse audience growth strategy may not understand the value proposition, have the capabilities in-house to get it done, or in some cases, may view the idea of diverse partnerships as something that is dispensable. Without the pressure of accountability, reneging on their commitments is easy. Those same brands will be remembered for their actions or inactions, but diverse-owned media and audiences are not going anywhere.

Q: In a landscape of tighter budgets and high demands for scale and efficiency, how can committed advertisers maintain their support for diverse media and creators?

A: We have to start with educating the market on the value of multicultural creators and media outlets. Efficiency does not always equate to efficacy. As a diverse-owned media company, we have been in hundreds of rooms and on thousands of video calls informing and educating brands on diverse growth audiences and how we can effectively connect with them. We maximize every investment because we are a proven partner who consistently yields meaningful results. Advertisers should start by understanding the opportunity and pushing for campaign budgets and programs to specifically target diverse-owned media companies, audiences, publishers, and content creators. In turn, these strategies will help propel them to deliver stronger outcomes. To gain traction, agencies need to effectively demonstrate and communicate these powerful results to brand clients’ marketing teams and leadership.

Q: Campaigns that target diverse-owned media are often considered to be tests or experiments. What’s your best advice for ensuring that they last?

A: The first step is designing and investing in tests that matter to a return on investment. Often we see some agency partners make a small investment that is not able to drive any real impact. When these types of tests are meaningful and are proven effective through measurable results, they can and should be scaled. When advertisers and agencies lean into diverse media partners for their endemic expertise and connectivity to these communities, they will see the return on investment with BIPOC consumers and move beyond a test-only mentality. Media targeting for diverse audiences is still lacking, and growth depends on reallocating resources to reach the new multicultural America. Diverse-owned media and creators must also be supported with tools that quantify their impact and reinforce their role in media strategies.

Interested in learning more about multicultural marketing strategies? Download our report, Engaging Multicultural Audiences. 

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Q&A: The Nuances Of Marketing To Asian-American Audiences

Q&A: The Nuances Of Marketing To Asian-American Audiences

Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent...

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Q&A: How Interactive Language Toggles Can Add New Flavor To Bilingual Ads https://infillion.com/blog/language-toggles-for-bilingual-ads/ Thu, 24 Oct 2024 17:00:13 +0000 https://infillion.com/?p=62607 Did you know Infillion was the first company to ever build ads for bilingual audiences that allow users to toggle between languages in real time? Michael Colella, SVP and Executive Producer of Infillion’s Creative Studio, gives a behind-the-scenes look at this technology, which has been honored by the MediaPost OMMA Awards and the ARF David Ogilvy Awards.

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Q&A: How Interactive Language Toggles Can Add New Flavor To Bilingual Ads

Did you know Infillion was the first company to ever build ads for bilingual audiences that allow users to toggle between languages in real time? Michael Colella, SVP and Executive Producer of Infillion’s Creative Studio, gives a behind-the-scenes look at this technology, which has been honored by the MediaPost OMMA Awards and the ARF David Ogilvy Awards.

Q: What was the impulse behind building this first-to-market technology?

A: Hispanic audiences are almost 20% of the U.S. population, and over half of them are bilingual to some degree. But some of them prefer English, some prefer Spanish, and some change their preference based on what content they’re watching, who’s in the room with them, or any other number of reasons. Empowering them to switch languages in real time, without needing to restart the ad, was a way to not just speak to them, but allow them some agency in how they prefer to be reached. So when a client, Nissan, came to us with a campaign to reach bilingual audiences, we thought it was time to take on this creative challenge.

Q: What tech challenges had to be overcome to make it work?

A: We had to pay close attention to ensuring that the technology could toggling between two audio and video assets at the exact timestamp that the user hit the toggle button, eliminating any visible lag or content shifting effect. We had to engage our engineering team pretty extensively here. But with brands increasingly challenged to gain the attention of consumers, a sense of immediacy and instant gratification is a must. 

We also faced a challenge in figuring out how to incorporate closed captioning. At Infillion, we strive to design for inclusivity, and we had two options here. We could either render the closed captioning as part of the video asset, or develop a solution where we’d leverage a transcript, allowing users to toggle closed captioning on or off. We settled on developing a transcription solution since it offered us the most flexibility and efficiency to deploy creative.

Q: Ads that toggle between two languages had been built and deployed before – including using Infillion’s TrueX format – but never with a real-time toggle. Why do this? How does it make a difference for the user?

A: One study after another says that consumers like choice in their advertising, and that can extend to the language that the ad is served in. This kind of ad technology is technically challenging, but it’s worth it. But the more exciting outcome was developing a solution that could be consistent across all devices, especially on CTV. The future possibilities here are.

Q: What kind of insights can a brand gather from a real-time language toggle ad?

A: The main insights brands can gather from real-time language toggle are the nuances of users’ language preferences. Maybe they always prefer English, or always prefer Spanish, or prefer one on mobile and one on CTV – where, presumably, they might be watching with others who aren’t as multilingual as they are. By determining a user’s preferred language of communication, brands can tailor their content and targeting accordingly. Especially as advertisers look to target bilingual audiences who speak languages beyond Spanish, the possibilities are endless.

Interested in learning more about multicultural marketing strategies? Download our report, Engaging Multicultural Audiences. 

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Q&A: The Nuances Of Marketing To Asian-American Audiences

Q&A: The Nuances Of Marketing To Asian-American Audiences

Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent...

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Q&A: The Nuances Of Marketing To Asian-American Audiences https://infillion.com/blog/nuances-of-marketing-to-asian-american-audiences/ Tue, 22 Oct 2024 20:14:46 +0000 https://infillion.com/?p=62577 Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent research report Engaging Multicultural Audiences, we spoke to S. Mitra Kalita, CEO of URL Media and publisher of Epicenter NYC.

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Q&A: The Nuances Of Marketing To Asian-American Audiences

Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent research report Engaging Multicultural Audiences, we spoke to S. Mitra Kalita, CEO of URL Media and publisher of Epicenter NYC. Here’s what she had to say.

Q: Marketers used to think pretty much exclusively about Black and Hispanic audiences when they thought about multicultural marketing. Was there a turning point when they began to address and cater to Asian/AAPI audiences as well? What made this happen?

A: First, it’s important to understand why marketers often excluded us. Asians have been a tiny percentage of the pie chart in polls, market research, trends reports. That kept us ignored and invisible. A few things changed: one, our population has grown; two, we are overrepresented on platforms such as smart speakers and the latest technology; and three, our community got louder and more rooted in coalitions serving all people of color. There’s #StopAsianHate, sure, but we’ve also been a part of pushes to diversify Hollywood and corporate America. 

Asian-Americans are part of the growing diverse consumer purchasing power that also includes Black and Hispanic, so our inclusion is not only a sound business practice, it is important to ensure you’re reaching a growing demographic. Some suburbs – like the one I was raised in outside Princeton, NJ – are not just so-called majority minority but majority Asian.

Finally, I think the treatment of Asian-Americans at the height of Covid forever changed our community. The businesses that “get it” leaned into supporting Asian employees AND consumers. Some good examples from Peloton, for instance, are the rides they did to center Asian culture, the donations they made to #StopAsianHate, and allowing Asian instructors such as Emma Lovewell and Sam Yo to talk about their identities.

Q: There are dozens of distinct nationalities and ethnic identities encompassed by “AAPI.” How do marketers reach them authentically?

A: We have similar narratives in the Latino community, which is not a monolith. This applies for AAPI, for hyperlocal engagement, niche audiences. In my work, I try to be clear on who I am writing about and trying to serve, and how I will make efforts to reach that audience. Sometimes, when it comes to dress or food or culture or holidays, the term “Asian” can actually be committing a form of erasure; not all Asians celebrate Diwali, for example, but an organization that has an AAPI affinity group might want to think about what it’s doing for Diwali or Eid. 

The word “authentic” can be fraught because the serving of these communities cannot be afterthoughts or “over there.” The best way to be authentic is to be honest and true to the diversity and inclusion of Asians as core to your business mission and strategy. Also, it’s okay to connect consumption and community – not everything has to see DEI through the lens of charity.

Q: To what extent should marketers be segmenting even further into addressing subsets of AAPI audiences? How would you assuage concerns that this might limit scope and reach?

A: When it comes to Asian-Americans, more is more. Segmentation can help marketers achieve deeper engagement and also customize messages appropriately. When Epicenter worked with the Asian American Federation to promote a mental-health directory, we had specific and separate strategies for Bangladeshi, Nepalese, and Chinese communities, to name a few. Another time, reaching out to a Tibetan influencer opened up a brand-new segment to us; she decided to go live on Facebook and Instagram from our table and within minutes, dozens of her followers came by. In my experience, the narrower the messenger, the more trusted the messenger. 

You need to be able to meet people where they are AND be culturally relevant. This creates opportunities to provide information that some people may not know they needed or wanted. 

Q: What’s one thing about AAPI audiences that marketers tend to think is true, but isn’t?

A: I think it’s time to retire the tropes about our community being affluent, good at math, and strivers. Sure, some of that is true, but we are a diverse population of artists and creatives, rich and poor, city dwellers and suburbanites. I’d say marketers would do best to home in on whom they are trying to reach and work backward, relying on a mix of data and on-the-ground research, instead of starting with assumptions.

Interested in learning more about multicultural marketing strategies? Download our report, Engaging Multicultural Audiences. 

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Q&A: The Nuances Of Marketing To Asian-American Audiences

Q&A: The Nuances Of Marketing To Asian-American Audiences

Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent...

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Consumers Have Infinite Media Choices. Why Don’t Advertisers? https://infillion.com/blog/consumers-have-infinite-media-choices-why-dont-advertisers/ Tue, 15 Oct 2024 14:00:50 +0000 https://infillion.com/?p=62309 Discover how the advertising landscape has transformed from the uncertainty of wasted spend to the precision of digital targeting.

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Consumers Have Infinite Media Choices. Why Don’t Advertisers?

There’s a famous old saying in our industry that says, “Half my advertising spend is wasted; the trouble is, I don’t know which half.” It’s typically attributed to one of a handful of midcentury advertising titans – but fittingly, it’s unclear who actually said it, if anyone ever did.

That’s a far cry from today’s advertising landscape, where digital ads can be deployed with peak efficiency and tracked precisely from targeting to post-campaign measurement. You, as a marketer, know exactly which of your ads worked, and if they didn’t, what you can do to fix them.

The problem is that this efficiency has come at a tremendous cost both in terms of finances and labor. One estimate found that the average enterprise uses an average of 120 marketing technology tools. That’s a lot of software subscriptions to pay for, a lot of employees who need to be trained to use them, and a lot of headaches when one piece of software doesn’t “talk” to another. Marketers find their media dreams restricted by budget, logistics, and a lack of interoperability. The seemingly infinite possibilities of digital marketing suddenly become a lot less promising, especially as marketers find it even more difficult to balance the need to build a brand with the imperative to drive sales in the short term. Our ads are efficient – but are they effective?

At Advertising Week New York 2024, Infillion chief growth officer Laurel Rossi moderated a panel that addressed this topic, called “Consumers Have Infinite Media Choices. Why Don’t Advertisers?” She was joined by David Rusli, chief strategy officer of Wavemaker; Jinu Peyeti, senior director of audience, insights, and measurement at Albertsons Media Collective; Jatinder Singh, global head of data and AI at Accenture Song; and Amanda DeVito, chief marketing officer at Butler/Till.

“Paradoxes have driven this business for as long as I’ve been in it,” Rossi said. “Brand versus demand. Efficiency versus effectiveness.” So, she asked the panelists, what do they do to address it?

“I think the challenge we all face is that efficiency without effectiveness is like hitting a bullseye on the wrong target, and effectiveness without efficiency is like watching the most incredible fireworks show you’ve ever seen and knowing that it’s going to fizzle out because you don’t have the resources,” Amanda DeVito said. “I love programmatic, I love being able to hyper-target, I love data driven strategy – I love all that, especially coming from a media perspective, but I think we have to balance that with brand health.”

Jatinder Singh said that marketers need to start from the middle, describing the gulf between pure brand advertising and performance-driven programmatic ads as “these beautiful things that nobody sees [and] these ugly things that everybody sees.”

Being selective with the right technology vendors is key. “For me, the technology is the enabler and obviously we will work with our clients to ensure that we partner with the right ecosystem partners to put the right infrastructure and operations in place,” Singh said. “We no longer have the false binary of ‘I need to build a brand’ or ‘I need to build an ad.’ We need to do both.”

Coming from the retail media side of the business – a sector that has been rapidly adding even more tools and options for marketers – Jinu Peyeti recognizes the complexity afoot. “Figuring out what works for your business takes a lot longer than it should…We need to build an ecosystem, platforms, tools, technologies that reduce the cost of testing and get us to a point where all of our media is measured on incrementally and that is when we’re going to know what really works,” she said. “I would seek out vendors that are solving a problem that I am already currently facing. I will not just listen to vendor pitches without knowing what the problem is that it will solve for me.”

In other words, Peyeti phrased it hypothetically: “I have these problems that I’m trying to solve. How can I solve it with maximum integration and minimum number of new vendors? How does this fit into my long term technology stack and plan?”

David Rusli suggested that this can be achieved by asking the question of not just what a vendor can to do target or measure, but how that targeting or measurement can, in addition, serve the broader purpose of building a brand. “I think there’s no point of adding new tech or new tools just for the sake of adding new stuff. In fact, what we really really need is one holistic platform that connects all this different tech, all these different tools,” he said. By cutting down on the red tape and added logistics, marketers can then free up some energy to focus on the bigger picture. “We are here to build long lasting brands and to do that effectiveness has to be our number one source of truth.”

Interested in simplifying your marketing tech stack? Infillion’s team would love to chat with you.

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Q&A: The Nuances Of Marketing To Asian-American Audiences

Q&A: The Nuances Of Marketing To Asian-American Audiences

Over the years, multicultural marketing has frequently overlooked Asian audiences. Hailing from over 70 different ethnicities, Asian-Americans are diverse and frequently misunderstood. Can they even be considered a single demographic for advertisers? For our recent...

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We can help you create the personalized ad experiences viewers expect.

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Infillion Named To Inc. 5000 List For 8th Consecutive Year https://infillion.com/blog/infillion-named-to-inc-5000-list-for-8th-consecutive-year/ Tue, 13 Aug 2024 11:00:51 +0000 https://infillion.com/?p=62065 Infillion has been named to the 2024 Inc. 5000 list of the fastest-growing private companies in America, for the 8th consecutive year.

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Infillion, an advanced media buying platform, revealed today that it has been named to the 2024 Inc. 5000 list of the fastest-growing private companies in America, for the 8th consecutive year. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

“It’s phenomenal to see the Infillion team’s efforts recognized with yet another spot on the Inc. 5000 list,” says Rob Emrich, founder and executive chair, Infillion. “I’m in awe of the whole team’s ability to seize upon cutting-edge trends and develop future-forward solutions for an advertising landscape that’s changing faster than we ever imagined.”

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”

Infillion has had a banner year, from its groundbreaking acquisition of MediaMath last fall to its relaunch of the programmatic platform in April. The company now offers clients a fully multiplatform digital advertising solution across mobile, connected TV, desktop, and digital out-of-home including the largest live sports network in the U.S. Infillion was honored earlier this year with a spot on Fast Company’s Most Innovative Companies list, an inclusion within Gartner’s Market Guide to Ad Tech Platforms, and has been named Agency of the Year by the IAC Awards for winning 28 honors for 14 campaigns, including work for Porsche, Intel, and the U.S. Navy.

“At Infillion, we’ve been innovating in the attention-based advertising space for a decade, and we’re simultaneously able to stick to our longstanding principles and pivot deftly when the winds change,” says Angela Birkemeier, chief financial officer, Infillion. “It’s an honor to be recognized by the Inc. 5000 any year, but eight years in a row is a true rarity, and shows the Infillion team’s commitment to meaningful and sustainable growth.”

More about Inc. and the Inc. 5000

Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Infillion
Infillion is the only global media buying platform, combining the power of MediaMath’s industry-leading data and technology with the unrivaled performance of TrueX’s interactive video and CTV technology. Infillion works with more than 1,400 of the world’s leading agencies and brands with premium managed- and self-service cookieless media solutions that deliver guaranteed attention in an increasingly opaque media environment. Infillion is headquartered in New York City, and also owns Gimbal location-based technology, InStadium, NeXt, Analytiks.ai and Phonic. Infillion can be found online at www.infillion.com. The company is one of the most awarded tech companies in the media, marketing, and advertising industries and is one of Fast Company’s Most Innovative Companies 2024.

About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.

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