The world “hates ads”, reckons Avid Collective boss Luke Spano. But high dwell times and engagement rates suggest they like native content. Marketers know this, but native content has been fragmented and highly manual, akin to insertion orders pre-programmatic. With little standardisation and patchy reporting metrics it couldn’t scale. While the likes of Taboola and Outbrain have hooked major publishers, they have “dirtied” native content’s reputation, per Spano. He suggests they are largely just repurposed ads. Avid Collective is bidding to fix all that. Locally, the firm has landed deals with the likes of Destination Gold Coast and ANZ-owned Cashrewards working with publishers from The Guardian and The Daily Mail through to Urban List and The Betoota Advocate as part of a 140-strong publisher network and platform that Spano claims reaches 18 million Australians, from students to boomers. It’s moving the needle for brands, says Spano, because those publishers along with Avid’s strategists create bespoke content they know will land with their audiences, not filler. Digital Publishers Alliance chair Tim Duggan spent years explaining native to marketers after founding Junkee. Avid’s platform would have cut dead time. But some of the 55 publishers in his alliance are piling in – eyeing major upside from native content over the next decade as marketers seek cost-efficient growth and greater media diversity as part of ESG mandates. Agencies are buying-in, per Spano, driving 70 per cent of spend on the platform. He’s aiming for 80-90 per cent by next year. After that Avid Collective aims to go global.
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By LiSTNRThe world “hates ads”, reckons Avid Collective boss Luke Spano. But high dwell times and engagement rates suggest they like native content. Marketers know this, but native content has been fragmented and highly manual, akin to insertion orders pre-programmatic. With little standardisation and patchy reporting metrics it couldn’t scale. While the likes of Taboola and Outbrain have hooked major publishers, they have “dirtied” native content’s reputation, per Spano. He suggests they are largely just repurposed ads. Avid Collective is bidding to fix all that. Locally, the firm has landed deals with the likes of Destination Gold Coast and ANZ-owned Cashrewards working with publishers from The Guardian and The Daily Mail through to Urban List and The Betoota Advocate as part of a 140-strong publisher network and platform that Spano claims reaches 18 million Australians, from students to boomers. It’s moving the needle for brands, says Spano, because those publishers along with Avid’s strategists create bespoke content they know will land with their audiences, not filler. Digital Publishers Alliance chair Tim Duggan spent years explaining native to marketers after founding Junkee. Avid’s platform would have cut dead time. But some of the 55 publishers in his alliance are piling in – eyeing major upside from native content over the next decade as marketers seek cost-efficient growth and greater media diversity as part of ESG mandates. Agencies are buying-in, per Spano, driving 70 per cent of spend on the platform. He’s aiming for 80-90 per cent by next year. After that Avid Collective aims to go global.
See omnystudio.com/listener for privacy information.
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