Disclosure certainty 3/5 debate potential 1/5

Putnam: Monumetric's ad optimization is half manual Excel, half machine learning

Nathan Putnam · EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric · Sep 28, 2016 · at 5:39

Nathan Putnam, CEO of Monumetric, describes how much of their publisher optimization is manual spreadsheet experimentation versus automated code.

0:00 / 0:11exact quote · 11.4s
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“It's probably fifty-fifty, and that's because half of it is, is trying to learn enough and experiment and break things in Excel before we have to spend the dev resources to build it, to automate it”

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More from Nathan Putnam

Assertion Supported
Putnam: Ad-tech middlemen capture 60 cents of every online advertising dollar
“So, what you have to understand is about 60 cents out of every dollar that's spent on online advertising is eaten up somewhere in the middle.”
Nathan Putnam Sep 28, 2016 ▶ 13:51 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Insight
Putnam: Digital sharecropping works only if audiences convert to owned channels
“And so if you're going to digital share crop, use it in a way that reinforces that platform's business model, because then they'll help you. Like right now, if you're trying to grow an audience, put, put videos on Facebook, because you'll get way better organi…”
Nathan Putnam Sep 28, 2016 ▶ 15:56 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Insight
Putnam: Forcing multiple ad exchanges to compete in real-time increases publisher revenue
“The problem that you run into is if you're sending all of your ad inventory into only one exchange, like an AdSense or even the AdExchange, which is also owned by Google you're limited only to the demand that exists within those exchanges, right? And you're go…”
Nathan Putnam Sep 28, 2016 ▶ 4:58 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Assertion Not checkable as stated
Putnam: Monumetric was Walmart's largest traffic supplier during its exchange debut
“Walmart is an example where they just, they're one of the first major brands to launch their own buy seat in these exchanges. And their first month was June in one of these exchanges and we were their largest supplier of traffic during that month.”
Nathan Putnam Sep 28, 2016 ▶ 13:05 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Assertion Partly supported
Putnam: Facebook organic reach collapsed from 50-60% to 2-3%
“Like, Facebook, like, five years ago, everybody was all about getting as many likes and followers on Facebook as they can, because organic reach was like, 50, 60%. You know, right now, it's like, two to three percent, right?”
Nathan Putnam Sep 28, 2016 ▶ 15:35 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
Assertion Not checkable as stated
Putnam: Monumetric works with over 1,500 publishers
“Just over 1500.”
Nathan Putnam Sep 28, 2016 ▶ 3:44 EP 431: Agency Does $6m 2015, 41 Employees with Publisher/Advertiser Network CEO Nathan Putnamof Monumetric
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