Steven Chang Decodes Digital China with Tech Intelligence At ad:tech tokyo
Steven Chang Decodes Digital China with Tech Intelligence At ad:tech tokyo
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TOKYO, Sept. 21, 2016 /PRNewswire=KYODO JBN/ --
Steven Chang Decodes Digital China with Tech Intelligence At ad:tech tokyo
TOKYO, Sept. 21, 2016 /PRNewswire/ -- Speaking on September 20th at ad:tech
tokyo 2016, one of Asia's largest digital marketing conferences, Steven Chang,
Corporate Vice President of Tencent, addressed the topic "Decoding Digital
China with Tech Intelligence." Chang shared insights into trends in China's
Digital Advertising Market, and revealed how the strength of Tencent's
platform, combined with its advanced algorithms, can help brand marketers win
in the increasingly complicated and dynamic China market.
ad: tech is a global marketing conference that has been held in major cities
around the world. It is where Brands, Agencies, Media and Solution Providers
comes together to come to grips with the latest trends, innovations and
technologies. ad:tech tokyo has grown into the largest international marketing
conference in Asia. Also speaking at the event were representatives from IBM,
Unilever, McDonald's, Starbucks, Fujifilm, Yahoo and LinkedIn, to name just a
few.
The average Chinese person spends more than 26 hours a week online, an increase
of 300% in only a decade. Consumers are increasingly spending more time on
cross-platform media content, and are now enabled to make decisions for
consumption more independently and conveniently.
"Tencent's powerful data ability, multiple ad-tech products and
holistic-scenarios applications can help marketers get the best of both brand
advertising and performance advertising so as to improve marketing efficiency
and achieve better ROI," Steven pointed out in his speech.
According to Mary Meeker's Internet Trends 2016, Chinese mobile users spend
55%+ of their online time on Tencent platforms, including QQ, Qzone, WeChat,
v.qq.com and Tencent News. Take a day of NBA fans as an example: fans access
NBA-related information via Tencent News while having breakfast, watch live
broadcasts and video on demand through v.qq.com while commuting, interact with
friends via WeChat and QQ during lunch time, purchase NBA items via ecommerce
platforms such as jd.com, and watch a game on TV in their living rooms at
night. This enables Tencent's powerful data capabilities to actualize accurate
user recognition both by demographics and behavior profiles across different
channels.
By focusing on specific audiences, Tencent's multiple ad-tech products allow it
to target users by their individualized interests and ad-match them accurately,
further transforming interest into conversion. For example, wherever the
context is right, the technology will uncover instant user interest for pushing
targeted ads, thus creating precise communication without useless messages.
Tencent's comprehensive products connect holistic scenarios. Tencent data
consists of both steric and dynamic data. Steric consists of fundamental
characteristics, long-term interest, social preference, buying records,
historical footprints, etc. Tencent's dynamic data is made up of instant
interest, real-time interaction, payment habits and LBS. Combined, these data
tools will provide more open, connected data, which links ad exposure to brand
attitudes, consumer behavior and sales.
One good example is Coca-Cola China's "Gold Moments" campaign, the local
interpretation of Coke's global "That's Gold" marketing platform for the Rio
Olympics. The idea is that "gold" isn't about winning for winning's sake, it's
about sharing a dream or a goal with family, friends, coaches and teachers.
Leveraging Qzone's 648 million users and 11 years of social data accumulation,
Coke is sponsoring the memories and turning them into Gold Moments. Out of all
the participants, 30.8 million users found their Golden Moments, and out of
these, 32% shared the experience through their social platforms, with a QR code
of 1 billion bottles of Coke scanned by participants.
Steven emphasized at the end, "Traditional models of marketing that create big
ideas have been giving way to modern marketing paradigms powered by big data.
Tencent's advanced algorithms will translate into value for brands, allowing
them to reach the broadest coverage of Chinese netizens. These algorithms will
also help engage consumers across scenarios, and elevate pertinence by dynamic
and contextual messages, so that ultimately these brands become trusted
advisors to their customers."
Photo - http://photos.prnasia.com/prnh/20160921/0861609731
caption: Steven Chang spoke at ad:tech tokyo
SOURCE: Tencent
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