Douglas Lusted, CEO of LinkIt, explains the lack of programmatic online buying infrastructure in the legacy outdoor billboard industry.
0:00 / 0:07exact quote · 7.0s
720p mp4 · rendered on demand · StarZero watermark
“Cause right now you can't do that. You have to physically call the billboard owner and try and make a deal. So real time bidding is what I would do with it.”
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More from Douglas Lusted
AssertionSupported
LinkIt tracks billboard audiences using Wi-Fi sensors instead of cameras
“We have guys who use cameras. So they put a camera on the screen and track people. We actually track people through small wifi sensors.”
Douglas LustedJul 22, 2016▶ 7:12EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
AssertionContradicted
The digital billboard industry is growing revenue by about 35% annually
“I don't think it's going to, you know, I don't think the industry is going to fold by any means. It's growing by about 35% per year.”
Douglas LustedJul 22, 2016▶ 9:47EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
AssertionNot checkable as stated
Ontario Lottery and Gaming is piloting LinkIt across 9,000 digital screens
“The biggest customer prospect we have now who actually is doing a pilot is OLG, which is the Ontario lottery gaming in Canada. They have 9000 screens out there. That's the largest one in Canada.”
Douglas LustedJul 22, 2016▶ 11:18EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
AssertionNot checkable as stated
LinkIt generated approximately $100,000 in first-year revenue
“Our first year revenue was about a 100,000.”
Douglas LustedJul 22, 2016▶ 3:08EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
AssertionSupported
LinkIt has raised approximately $1M CAD across two seed rounds
“No we've raised two seed rounds. In total, we've raised about a million dollars. Well, Canadian, which is about 50 cents US these days, but no, we've raised capital.”
Douglas LustedJul 22, 2016▶ 3:51EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
AssertionPartly supported
LinkIt raised $600K–$650K from XDL Capital and BDC
“We had raised about six, 650,000. And we raised it from XDL capital, which is a local VC in Toronto, as well as BDC, which is kind of like a government BC out in Canada.”
Douglas LustedJul 22, 2016▶ 4:46EP 363: Google AdSense for Physical BillBoards Does $250k with Douglas Lusted
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