Latest / Genuin Connections / Genuin Connections: Episode 17 -- Brian Kaminsky, COO at Infillion, at Cannes Lions
Transcript
- 0:05This is genuine connections featuring
- 0:07collaborative conversations about
- 0:09community, content, creativity,
- 0:12commerce, and the convergence of media
- 0:14and marketing.
- 0:21>> Brian, welcome
- 0:23>> to Genuine Connections. Welcome to Can.
- 0:25Although, I don't know if I should be
- 0:26welcoming you.
- 0:27>> The Heat welcomed me to Can. Well, yes.
- 0:30This is um it's a little bit of a uh a
- 0:34tinder box for us, both from creativity
- 0:36and ideas and connections, but also the
- 0:39temperature. Is this this is not your
- 0:40first can?
- 0:41>> This is not my first can.
- 0:42>> Is this the hottest can you remember,
- 0:43though?
- 0:43>> I I think there's actual statistical uh
- 0:46uh u uh recording now that this might be
- 0:49even like the hottest like couple of
- 0:52days in French history.
- 0:53>> Okay.
- 0:54>> I think I think that's literally what
- 0:56we've heard. There were people from West
- 0:57Texas that were like, "Wow, this is
- 0:58really hot."
- 0:59>> So, we're making history already. Yes.
- 1:01>> Um, but I want to talk about not only
- 1:04your history, but also the present, what
- 1:06you're doing, what you're building, and
- 1:07just get your general take on
- 1:10>> all things that are happening in our
- 1:12industry.
- 1:12>> Awesome.
- 1:13>> So, welcome again. Thank you for being
- 1:15here. Um, CAN is one of these really
- 1:17unique experiences where we bring
- 1:19together the creative, the technology,
- 1:22the media, and it all really focuses on
- 1:25progress and innovation. In your time
- 1:28here so far, besides just running on
- 1:30probably minimal sleep, some coffee, and
- 1:32maybe even some rosé. Um, what are some
- 1:34of the things that are powering or
- 1:36inspiring for you personally and
- 1:38professionally? I think I think it's
- 1:40really uh we forget I think coming from
- 1:42the adtech side and from the media side
- 1:44and the publishing side that this is a
- 1:47an event that's really about the
- 1:49creatives. We kind of co-opt it a little
- 1:51bit. We kind of take it over and we sell
- 1:53a bunch of stuff and like there's a
- 1:54creative award show that like we don't
- 1:56talk about too much.
- 1:57>> But uh I've been really um uh impressed
- 2:01by Ken's sort of acknowledgement that
- 2:04>> uh retail media in particular is this
- 2:06growing phenomenon. I think uh it's
- 2:09reached something like 71 billion
- 2:11dollars in the US alone making it the
- 2:14fastest growing channel. And this year
- 2:17actually the Lion the award group turned
- 2:20around and said we're going to introduce
- 2:21new categories next year that are
- 2:24specific just to retail media. One award
- 2:26>> it's a category defining event.
- 2:29>> Exactly right. And I think they're
- 2:31acknowledging what retail media is is
- 2:33really about, which is about the
- 2:34creativity that they can use and the
- 2:37data that's powering it. It's not just
- 2:39about like instore shopping. It's the
- 2:40data that gets kicked out of it that I
- 2:42think is really exciting. And so they've
- 2:44created these two new awards, not for
- 2:46this year, but for next year that are
- 2:49going to be specific to retail media as
- 2:51a category. and that you have to prove
- 2:55in order to win the award that you used
- 2:57firstparty data to drive the creative
- 3:00and to drive the actual business
- 3:02outcomes. And to me that is like super
- 3:05exciting. Much more exciting like AI is
- 3:07cool and I love to talk about AI and
- 3:09>> we'll get there. Yeah,
- 3:10>> I'm sure we will. But I do think that uh
- 3:13from from my perspective, this fastest
- 3:16growing channel, a place that the
- 3:17company I work at now in Philly uh has
- 3:19really embraced uh and made a really
- 3:22significant investment in, I think
- 3:23that's super exciting. I think it's that
- 3:25like, okay, creativity, yes, but also
- 3:28it's about this category that's growing
- 3:30and matters to the business, not just
- 3:31about someone's cool TV commercial,
- 3:35right? And that data and measurement are
- 3:37driving that award. So, I think that's
- 3:39fun. Art is always subjective but there
- 3:42are ways to measure how it makes us
- 3:44feel. Now there are literally data
- 3:46points and proof points and provable
- 3:50viable ways that we can ascertain
- 3:52whether something I mean effectiveness
- 3:54there are effectiveness awards. So next
- 3:57year that'll be interesting to see who
- 3:59submits who wins and what that
- 4:02nomination and evaluation criteria even
- 4:05includes. Like like I said, I just I
- 4:06think it's really interesting that it's
- 4:08it's a creative award, but it's not just
- 4:10about the creatives. It's got to be
- 4:12about the infrastructure and the
- 4:13machinery and the data that goes into
- 4:15it. And to me, that's bringing together
- 4:17what like like I said, I feel like we
- 4:18kind of co-opted this event a little
- 4:20bit. And I feel like this really brings
- 4:21it together and that's been energizing
- 4:23for me.
- 4:24>> Okay. So, you've been here before. Um
- 4:26and within the last what year or so,
- 4:28you've taken on this new role as COO?
- 4:31>> Less than seven months now. Or just it's
- 4:33just eight months now, I think. Yeah.
- 4:35>> So for anyone who doesn't live in an org
- 4:38chart in the in in our space or or
- 4:41understand exactly what the role of a
- 4:43COO plays at an organization like yours
- 4:46because Infilion is has really
- 4:49>> grown as our industry has grown both in
- 4:51as a leader and an innovator. But now
- 4:54what are you bringing to this role and
- 4:56what is expected of you?
- 4:58>> Oh god so much is expected of me. I
- 5:00can't deliver on any of that. But what
- 5:02I'm going to do, um, that's a joke. Um,
- 5:05I'm there to provide like an operational
- 5:08backbone. I'm there to provide, um, uh,
- 5:11sort of discipline around. So, let's
- 5:13talk about Infilion for a second. So,
- 5:15I'm the CEO of Infilian. Infilion is a
- 5:18company that has been built by acquiring
- 5:21several very substantial media and
- 5:24technology brands.
- 5:25>> Use the word composable, right? I
- 5:28promise. Oh, you're
- 5:29>> I'll get beat up if I don't if I don't
- 5:30use the word composable, but it's true.
- 5:33It really is. So, so Infilian is
- 5:34bringing together of some really
- 5:36high-profile companies, Media Math,
- 5:38especially Catalina, our most recent
- 5:40acquisition, which is uh why I talk
- 5:42about retail media so uh so
- 5:44passionately. Uh we've got the uh the
- 5:47gimbal business, which is location. All
- 5:49in all, we've compiled about 11
- 5:51different companies. Um, and we have
- 5:54taken all of those companies, stripped
- 5:56them down into their rawest, most
- 5:58composable assets. Think of it as like a
- 6:00periodic table, right? Like in order to
- 6:02build the elements,
- 6:03>> the elements need to come together as
- 6:05compounds.
- 6:05>> In order to build compounds and so
- 6:07that's what we've done. We've stripped
- 6:08all this stuff down. We've re-engineered
- 6:10it and we've actually MCP enabled it so
- 6:14that it is ready for agentic buying. And
- 6:16by doing this, we've actually took all
- 6:18of this great infrastructure all the way
- 6:20from the planning process through to
- 6:22buying through to measurement and said,
- 6:24"Look, we're not gluing together a bunch
- 6:26of stuff and making you buy one
- 6:28monolithic sort of um you know rigid
- 6:31stack. We are creating this set of
- 6:34assets with composability at its core so
- 6:37that you as a marketer, an advertiser or
- 6:39as a partner, someone who wants to
- 6:41leverage those platform pieces can build
- 6:43from it what you need. If your focus is
- 6:46on the upfront side of making a media
- 6:48plan come together, then you could bring
- 6:50only the assets that we provide that
- 6:52make that possible. If you're really
- 6:53interested in just the delivery and bid
- 6:55optimization, we have the assets that
- 6:57you can use to make that work for your
- 7:00particular system, but you don't have to
- 7:01use the parts up front and you don't
- 7:03have to necessarily use the parts on the
- 7:05back end. And I think that's one of the
- 7:06things that people were struggling with.
- 7:08switching costs were very high because
- 7:10integrations were brutal,
- 7:12>> timely and resource
- 7:14>> and trying to figure out well I want
- 7:16this whole thing but I don't need X and
- 7:18Y. I just need the Z piece and I need Z
- 7:20to do it a little bit differently. That
- 7:22was very difficult to do. It was an
- 7:24impediment to adopting new technologies.
- 7:26it was impeded to changing uh to get the
- 7:28best of breed partners and our our
- 7:31philosophy is that this kind of
- 7:32composable concept allows whether like I
- 7:35said whether it's a buyer of media or
- 7:37someone who's actually a seller of media
- 7:40uh and wants to use our platform in
- 7:41order to to deliver it and uh and make
- 7:43it come to life for their customer base
- 7:45they're not locked into using all of the
- 7:48pieces and because in this
- 7:50re-engineering process we sort of
- 7:52structured it for this next generation
- 7:54of media buying which is not just people
- 7:57talking to each other, not machines
- 7:59talking to each other, but like data
- 8:01being shared between different
- 8:03components, right? So it's the strategy
- 8:06manifests from insights. Those insights
- 8:09manifest into instructions that you put
- 8:11into the machine. The machine has to go
- 8:13ahead and do something that optimizes
- 8:16for the experience and hopefully learns
- 8:18from it. More and more humans are not
- 8:20going to be able to do that in real
- 8:22time. We need the agents to step in and
- 8:24facilitate. And so this MCP layering of
- 8:27everything allows us to take each one of
- 8:29those components and make it accessible
- 8:31through these agents that are going to
- 8:33like facilitate what I think is going to
- 8:35be really a uh an exponential leveling
- 8:38up of the quality of delivery that all
- 8:40these platforms.
- 8:41>> Yeah. and facilitating the internal
- 8:43tools, processes, and outputs, but also
- 8:46in a way that connects to get the best
- 8:48out of what others have built and really
- 8:51optimize against not just the power of
- 8:53whatever is within your owned
- 8:55>> Yeah.
- 8:56>> ecosystem, which includes technology and
- 8:58humanity, but everyone's
- 9:00>> and and we don't know that necessarily
- 9:02our agent is the right agent for those
- 9:05customers. We want to work with this,
- 9:07we're agnostic, right? So we want to
- 9:09work with as many partners who produce
- 9:11solutions specifically for the media
- 9:13industry whether it's on the you know
- 9:15upfront planning side on the delivery
- 9:17side optimization side for performance
- 9:19or even on the measurement side we're
- 9:21not going to be leading and oh I think I
- 9:23touched the mic we're not going to be
- 9:24best of breed necessarily for all of
- 9:26those at least not right away and so
- 9:28we've provided our own agents that can
- 9:30go soup to nuts or again leaning back
- 9:32into this composable uh concept if you
- 9:35want to use a particular agent with a
- 9:37particular specialty or if you've built
- 9:38one yourself, we welcome it. We want the
- 9:41platform to be able to facilitate it.
- 9:43>> And that's where as we look forward, I
- 9:46think there is a more crystallizing, if
- 9:50it's not fully clear yet, idea of what
- 9:53those opportunities look like, where
- 9:55they come from, and even your customer,
- 9:59the or you know, the the umbrella
- 10:02concept of your customer, right? They're
- 10:04they're all different ways of different
- 10:07but the marketer and I'm making air
- 10:10quotes is traditionally someone that
- 10:13relies on others for understanding and
- 10:16innovating with technology but I think
- 10:18that's becoming increasingly
- 10:20part of the job description. Is that
- 10:23education for that audience a priority
- 10:27for how you're communicating? Yeah. For
- 10:29the marketer specifically?
- 10:31>> Absolutely. I I don't I don't think you
- 10:33can. And so it's really interesting. Um,
- 10:36one of the things I've heard to the last
- 10:39two days now or three days now is that
- 10:42everybody loves AI. Everybody's really
- 10:44excited about it. People still have a
- 10:46lot of trepidation, but what's become
- 10:48obvious is that a lot of places just
- 10:49leaped in, embraced it, and are using it
- 10:52a little bit half-hazardly. And the
- 10:54costs associated with it are starting to
- 10:56get out of control. And so we think that
- 11:00part of our role is to a we've we we we
- 11:03haven't we so we came out really you
- 11:05know how many um endto-end uh models
- 11:09came out the week before can uh a agents
- 11:12literally full stack full life cycle of
- 11:16a campaign agents came out the week
- 11:17before can for press releases on big on
- 11:20big platforms eight.
- 11:22>> Wow
- 11:22>> count them eight. So we rolled ours out
- 11:25uh because again the whole concept is
- 11:27this notion of breaking everything down
- 11:29making it MCP enabled. We rolled ours
- 11:31out um for CES actually. So it's been in
- 11:35market for a long time long time. Um
- 11:38>> and AI that's like dog years.
- 11:40>> It's forever, right? But we really
- 11:42haven't nailed our pricing model yet.
- 11:45We're we're leaving it open. Whether you
- 11:46want to leverage our uh you know
- 11:48particular account, whether you want to
- 11:50use your own tokens, whether you want to
- 11:51build your own agent, however you want
- 11:53that to work, we want that um learning
- 11:57experience to be somewhat organic. We
- 12:00want to partner with the uh the the
- 12:03marketers in particular that want to
- 12:05leverage these services. We want to
- 12:06partner with the other sellers of media,
- 12:08the other channel partners that are
- 12:10trying to figure out how to use AI to
- 12:13reduce costs, improve their efficiency.
- 12:16And so we're looking to help them build
- 12:19not their models for their LLMs, but
- 12:21like their models of how they deploy
- 12:23these things into their operation. How
- 12:26do they reduce costs? How do they
- 12:29increase the efficiency? if you're not
- 12:30even looking to reduce costs, but you've
- 12:32got 10 people and you need them to do
- 12:34the work of 15. And so we're actively
- 12:36working with people to help them
- 12:38understand where in their process,
- 12:40again, you know, a whole order to cache
- 12:42kind of view of things, where you could
- 12:44plug in agents, how those agents can
- 12:47work with the Infilion transaction
- 12:49platform and all of the other uh
- 12:51facilities that we've built around that
- 12:53so that they can get a better result for
- 12:55those media campaigns. And it's it's
- 12:58tricky because you still you're still
- 12:59teaching people what is MCP? What's the
- 13:02difference between MCP and ADCP? What is
- 13:05a token? I don't understand. And how do
- 13:08I know that what I'm creating is
- 13:10governed by the right set of protocols?
- 13:13And everyone is speaking the actual same
- 13:16language. And maybe it matters, maybe it
- 13:18doesn't right now. But to your point,
- 13:19the cost of not being involved is high.
- 13:23And the cost of being too quick may also
- 13:25be high. There's a there's a middle
- 13:27there's a middle ground to take again
- 13:29which is why I think an agnostic
- 13:31approach right now is the healthiest one
- 13:33but you have to get serious about it and
- 13:34it it can't just be like you know slap
- 13:37AI on the end of a company that used to
- 13:38be do and pretend it's something
- 13:40different you really have to go through
- 13:42that process of re-engineering
- 13:43everything and understanding your own
- 13:46processes where you have opportunities
- 13:48where there were bottlenecks before and
- 13:50deploy AI in a in a selective way.
- 13:55So I think that's a as we look at the
- 13:58present and as we've talked about the
- 13:59future I want to also take a look back
- 14:02and understand what's built your
- 14:04operating system in that you know for I
- 14:08let's call it several decades at this
- 14:10point we can count our careers in
- 14:12decades
- 14:13>> uh which is you know we've been here
- 14:14long enough it's going to happen
- 14:16>> but the success that you've had in
- 14:19actually building media enterprises
- 14:22within I mean iHeart Huffpo, Yahoo,
- 14:27Reuters. There are probably more in
- 14:28there that are an impressive name. It's
- 14:30like a the NASCAR who's my my first job
- 14:33out of college was with Blair Television
- 14:36uh TV rep firm. I was an assistant uh I
- 14:39was a sales assistant. I was a media
- 14:41planner at Bu Vista Disney.
- 14:43>> Uh and then I took a job very early on
- 14:45like 98 at Yahoo. Are there through
- 14:48lines as you look at each of those steps
- 14:50that not just led to where you are now,
- 14:53but either a consistent thread that has
- 14:57kept you on the trajectory or
- 14:59>> I'm I'm a lapsed seller. Like I think of
- 15:01it like being a Catholic. I'm Jewish,
- 15:03but like I'm a lapsed like I still like
- 15:05kind of live and breathe the seller's
- 15:07mentality. I get most excited when
- 15:10there's a customer and you're
- 15:12brainstorming and trying to demonstrate
- 15:14the value proposition of your uh of your
- 15:17company, of your product, whatever it
- 15:18is. And uh in the very early days at
- 15:22Yahoo, we had we rode that big wave up,
- 15:25then the bubble broke and we were kind
- 15:27of left like with pieces of stuff. And I
- 15:30was uh one of the few people uh at least
- 15:34in the New York office that was sort of
- 15:35a classically trained media person
- 15:37because I came from TV and I was a media
- 15:40planner and I was I think at like 28 I
- 15:42was maybe one of the oldest people in
- 15:44the in the organization at the time just
- 15:46in New York.
- 15:47>> It was a young person's business. Yeah.
- 15:49And so and so I also had a master's
- 15:52degree in uh uh I had an MBA in in
- 15:56finance
- 15:57>> and and like somehow like they were like
- 16:00listen you're a good salesperson you
- 16:03have all the right energy but what we
- 16:05want you to help us do is figure out the
- 16:07right way to structure this business so
- 16:10that when we go to market we present an
- 16:12IO the terms and conditions make sense
- 16:14the pricing makes sense and that we can
- 16:16execute against what we're delivering.
- 16:18And so that
- 16:21role of translating big ideas into
- 16:25operational just manageable uh
- 16:28components of the business is something
- 16:29I've always done. So from like my third
- 16:32or fourth year as a seller, I gave that
- 16:34up. I moved over to operations and then
- 16:36I've been figuring out how to scale uh
- 16:38businesses since then. And and and and
- 16:41honestly like that's really what I did
- 16:43at iHeart, which was the job I had right
- 16:46before Infilian. uh we had acquired six
- 16:49or seven different ad tech companies
- 16:51that were being
- 16:54composably put together I'll say uh to
- 16:58service the audio business because none
- 17:00of the adtech companies were really
- 17:01thinking about audio um we needed to
- 17:04service ourselves and make sure that
- 17:05what we were building really met our
- 17:08specifications and so we acquired our
- 17:10way to having it's them now they have
- 17:13acquired their way to having what I
- 17:14think is one of the most pre-minent
- 17:16advertising tech stacks in the industry.
- 17:18It just happens to be for audio
- 17:20specifically. And so Infilian, not for
- 17:22long,
- 17:23>> not for long. They're going to they're
- 17:24going to branch into video and they're
- 17:25going to do a very good job. Still a
- 17:27shareholder.
- 17:28>> Um,
- 17:29but Infilian is doing a lot of the same
- 17:31things on a on a different scale and
- 17:33with a different philosophy. It's not
- 17:35just about one uh particular narrow
- 17:37media, but we are acquiring these
- 17:40companies, bringing them together,
- 17:42creating the right integrations, making
- 17:44sure they have a cultural thread that
- 17:47makes sense to uh the value proposition
- 17:49that the market sees and that the
- 17:51employees inside the company can
- 17:53appreciate, understand, and help them
- 17:56execute their jobs. They they're not
- 17:57confused. They're not a Trux Trux
- 18:00fantastic company, uh, engagement,
- 18:03advertising, um, value exchange. Um, but
- 18:07the people who came from Trux, they
- 18:09don't think of themselves as Trux
- 18:10employees. The people that come from
- 18:12Catalina, they don't think of themselves
- 18:14as Catalina employees. They think of
- 18:15themselves as Infilian employees. And
- 18:17that way, we can serve all of these
- 18:19personas in sort of a unified coherent
- 18:21way.
- 18:21>> Yeah. I mean there's there's the
- 18:22cultural integration, there's the
- 18:24technical integration, there's the
- 18:26process-based integration. And I've
- 18:28heard Rob say Rob
- 18:30>> Rob Emer our our chairman
- 18:32>> chairman say that this period in time is
- 18:35like a once in a generation or once in a
- 18:3720year storm
- 18:39>> in terms of what is evolving from
- 18:41programmatic into something that is
- 18:45>> agentic. And that's a term that we've
- 18:46heard a lot this week. It means
- 18:48different things to different people
- 18:50because agents it's it's like marketing.
- 18:52It's like advertising. It's a term that
- 18:54encompasses a lot of different
- 18:55functions.
- 18:56>> But now you're tasked with actually
- 18:58bringing agentic to to life.
- 19:01>> Yes.
- 19:02>> So what does it mean to you the word?
- 19:04>> I mean I think it goes back to a little
- 19:05bit of what we were saying before. So if
- 19:06you think about like the different like
- 19:08media was sold like handtoand
- 19:11>> then it was sold by rep firms. Then it
- 19:14was sold essentially programmatically.
- 19:16That would be the third generation which
- 19:17was still like human mediation to put
- 19:19the deals together but ultimately
- 19:21they're being executed on platforms.
- 19:24What aentic means is now ultimately the
- 19:27and again like agents is a great word. I
- 19:31do think of it as data and insights
- 19:34being brought to life in a way that
- 19:36humans couldn't possibly manage which
- 19:37was the whole concept program. Yeah.
- 19:39feed volume decision making the ability
- 19:42to react to new information as it comes
- 19:46across the ability to customize what
- 19:48you're going to do with
- 19:50let's say there's a singular line item
- 19:52and I want to treat that one line item
- 19:54three different ways
- 19:56you you really can't do that right now
- 19:58in the third generation way of operating
- 20:00where there's contracts involved even
- 20:02with you know good oldfashioned
- 20:04programmatic
- 20:05you don't have the way to take a
- 20:07singular line item and treat it three
- 20:09different ways is with Aentic, you have
- 20:11that ability. It's now uh turned over to
- 20:13machines, turned over to algorithms,
- 20:16turned over to data and insights. If you
- 20:17just boil it down to its most simple
- 20:20core
- 20:20>> elemental, you know, the things that
- 20:22matter. What is it? It's data and
- 20:24insights that are driving outcomes. And
- 20:26now you're you're you're not just
- 20:28intermediating humans because humans
- 20:30still need to think about the strategies
- 20:31that are building into it, but now you
- 20:33can execute those strategies in a much
- 20:34more effective way. And that's what I
- 20:36think this next generation, this fourth
- 20:38generation of buying that that Rob talks
- 20:39about, this agentic powered experience
- 20:43is. It's about taking all of these data
- 20:44and insights and unleashing them, taking
- 20:47them out of the limitations that that
- 20:48that people place on them because we're
- 20:50we're human.
- 20:51>> And in terms of where that comes to
- 20:54life, how it manifests, I mean, I've
- 20:56infilion talks a lot about the false
- 20:59choice between, you know, the
- 21:01>> black Yeah. the wall the wall gardens
- 21:03and this messy open internet and I don't
- 21:06know if that
- 21:08>> if there really is an imbalance but
- 21:10certainly in terms of the way that
- 21:12>> money and investment has flowed in the
- 21:15last in the previous two decades it's
- 21:18been imbalanced how do we break that how
- 21:20do we actually shift that
- 21:22>> towards where we think it probably
- 21:24belongs
- 21:25>> it's a great question I think the real
- 21:26difference the real reason there was an
- 21:28imbalance right the reason that you know
- 21:32Facebook took a disproportionate and and
- 21:35search
- 21:36>> took a disproportionate amount of
- 21:37revenue out of the uh out of the
- 21:39ecosystem relative to time spent in
- 21:42particular was because they had great
- 21:43measurement. They had the data on the
- 21:45other side to validate that this
- 21:47campaign produced this outcome. Now,
- 21:49maybe they gilded the lily a little bit
- 21:51on some of that and took credit,
- 21:53>> took credit for some stuff that maybe
- 21:54they didn't deserve, but nonetheless,
- 21:56that's what they had. And I think that's
- 21:58one of the reasons why uh Infilian
- 22:00bought Catalina is because Catalina has
- 22:03at the skew level this treasure trove of
- 22:07uh actual in real life consumer shopping
- 22:11data. not just e-commerce, but like
- 22:14human beings across America going to the
- 22:17grocery store and checking out
- 22:18individual items. We have that now.
- 22:21That's a part of our infrastructure. And
- 22:22for for the for the for the CPG
- 22:24companies in particular, and this will
- 22:26branch into other areas as well as we as
- 22:28we grow and as we evolve, but for CPG in
- 22:31particular, now instead of being
- 22:32dependent on these walled gardens and
- 22:34these very siloed ecosystems to know
- 22:36what the outcomes were of their media
- 22:38campaigns, we actually have that data.
- 22:40And so you can plan against the open web
- 22:44and have the same level of fidelity that
- 22:46you would have in campaign measurement
- 22:48on a walt garden but without the walls.
- 22:50And so I think that's where in Fillian
- 22:53in particular and there are other places
- 22:54but in Fillian in particular can help
- 22:56companies uh uh open themselves up to
- 23:00where uh the vast majority of content
- 23:03consumption on the web is happening
- 23:04which is on the web and on mobile
- 23:05devices. It's not necessarily happening
- 23:07on the social networks. it's not
- 23:09exclusively happening in search, less
- 23:10and less in search all the time. Uh, and
- 23:13help people uh really have this holistic
- 23:16closed loop measurement for their
- 23:18campaigns inclusive of not just rorowass
- 23:21but also incrementality and other
- 23:23measurements as we go along the way.
- 23:24>> So if we take a look at our surround
- 23:27of course I buy it. I just want to make
- 23:29sure I mean as as we talk about and
- 23:32think about and build for the open
- 23:35internet with the genuine
- 23:38infrastructure and network we are
- 23:40>> highly distributed
- 23:41>> we're banking on the fact that the
- 23:44walled gardens can't deliver on what
- 23:47consumer behavior is ultimately evolving
- 23:49towards whether it's video consumption
- 23:51in a in an environment that's more brand
- 23:53safe and trusted
- 23:55>> or following that consumer as their
- 23:58journey journey goes between right
- 24:00different experiences that's what we're
- 24:02>> and I think generationally the wall
- 24:04gardens are going to be challenged in
- 24:05particular the generation that is
- 24:08committed to Facebook is getting older
- 24:10the generation
- 24:11>> the generation that's committed to these
- 24:13other platforms regardless of what they
- 24:15are they're less interested in the types
- 24:19of advertising and marketing that we're
- 24:21doing right now I think we'll develop
- 24:23new strategies to reach them and talk to
- 24:24them um but I do think that there is a
- 24:27real need to change that imbalance at
- 24:30least for the you know next several
- 24:32years and bring a lot of those dollars
- 24:35back to the open web back to these
- 24:38platforms. Uh I'm not a publisher myself
- 24:41like iHeart Media where a lot of time is
- 24:44being spent a lot of good interaction is
- 24:46happening a lot of brand loyalty can be
- 24:49fostered uh and we can provide
- 24:51measurement to like prove out that
- 24:52that's happening. So as I we're at a
- 24:55creative festival as we as we discussed
- 24:58right we've we've seen some work already
- 25:00there will be more that will be
- 25:01celebrated throughout the week but that
- 25:05duality of humanity and creativity with
- 25:09technology and I don't want to call it
- 25:12artificial intelligence but maybe
- 25:14singularity
- 25:15>> augmented intelligence at the very least
- 25:18>> what role does human creativity play in
- 25:22what you've defined and described ried
- 25:24you know so far
- 25:25>> I mean we're still we still have to be
- 25:26there to figure out what the value
- 25:28proposition is to the consumer we have
- 25:30to know what when I say we what give
- 25:33credit I'm not a creative like I've been
- 25:35in operations and sales my whole career
- 25:37I have had creative flashes but I don't
- 25:39sit there and think about uh the way
- 25:42consumers uh uh engage with a product
- 25:44what what draws in their loyalty what
- 25:47makes a little kid ask their parent for
- 25:49a particular product and I think we as
- 25:52the humans are still there to really
- 25:54kind of a uh analyze and understand and
- 25:58apply the way those things come to life
- 26:01and also to to maybe help shape that
- 26:03story and maybe lead consumers a little
- 26:05bit to tell them the things that we
- 26:07maybe and I don't know how healthy this
- 26:09is
- 26:09>> influence human driven
- 26:11>> but it's important we have to teach
- 26:13people why they want the products that
- 26:14we're bringing to market and I think
- 26:16that's still
- 26:17>> it's actual intelligence AI to human is
- 26:20actual intelligence
- 26:21>> actual intelligence I like that I like
- 26:23that we should tell people who's talking
- 26:24back.
- 26:25>> So get cameo from uh genuine CEO and
- 26:29founder.
- 26:29>> That's literally the voice of God there.
- 26:32We have an audience here. So uh as we do
- 26:35at live events bringing real people
- 26:37together.
- 26:38>> So just to say it like I still think
- 26:39that the creative types even on the
- 26:42sales side to think of really unique
- 26:44sales strategies uh to to understand
- 26:47where operational
- 26:48>> humanto human connection.
- 26:49>> Yeah. where operational practices need
- 26:51improvement. All of those things still
- 26:53need to be guided by people. I think
- 26:55it's the agents and the AI and the
- 26:57technology that can step in there and do
- 26:59things faster, more efficiently, help us
- 27:02course correct. But but then again, and
- 27:04I'll say the obvious, which is like you
- 27:06have to have some some some
- 27:09flock tending of what these agents are
- 27:11going to do there. you still like, you
- 27:14know, you still need two prompts to get
- 27:15a reasonable response out of Claude when
- 27:18it's just writing a simple email. So,
- 27:20I'm not willing and I think most
- 27:22business people are not yet willing to
- 27:24turn over the entire uh budget of a
- 27:27particular large-scale advertiser to a
- 27:30bunch of machines just talking to each
- 27:31other. I think that people have to be in
- 27:33there to to to grade and to uh to uh
- 27:37provide with the impetus to move these
- 27:40campaigns from you know concept to
- 27:42delivery to to renewal. So, as we wrap
- 27:45up at least this conversation, the
- 27:47festival's not yet over, although by the
- 27:49time people are listening to this, we
- 27:50will have gone home and and we will have
- 27:52stopped sweating,
- 27:52>> recovered in every physical and maybe
- 27:55emotional way possible. But is there
- 27:57anything that you've heard or seen or a
- 27:59conversation you've had that has maybe
- 28:01shifted your thinking or as we approach
- 28:03the second half of this year, like two H
- 28:05is underway,
- 28:06>> Yeah.
- 28:07>> how how you're going to rethink or
- 28:08reframe or reorient something that
- 28:10you're working on or communicating.
- 28:11>> Yeah. I I like I said, I mean, I think
- 28:14the retail media business is really
- 28:16about data being leveraged to create a
- 28:20more powerful and um impactful media
- 28:24campaign. Right now, retail happens to
- 28:26have a tremendous amount of data and
- 28:28they've really uh been able to like it's
- 28:31the most direct, right? It's you you I
- 28:33I've got this information. I know this
- 28:35person bought this product. There you
- 28:37go. Go ahead and use it in whatever way
- 28:38you want. I think there are dozens and
- 28:41dozens of other categories that are
- 28:43maybe a little bit less robust than um
- 28:47retail is, but they have the capacity to
- 28:50influence uh the way marketing works,
- 28:52the way we think about products. And so
- 28:54you see it a little bit like with the
- 28:55Marriott media network. And I've just
- 28:58spoke to a colleague who is really
- 29:00focusing in on sports and how the fan
- 29:03bases and um
- 29:05>> it's really a commerce and consumer
- 29:08ecosystem. Well said. That is not just
- 29:10>> retail in the traditional understanding
- 29:12because we consume.
- 29:14>> Yeah. But fan fandom, passion, all the
- 29:18things that we talked about 10, 15, 25
- 29:20years ago that we were never really able
- 29:22to bring to life. It was just sort of
- 29:24retargeting and and maybe some, you
- 29:27know, maybe some modeling of look
- 29:28reimagined maybe. Yeah. Well, you know,
- 29:30I don't I don't like to get too esoteric
- 29:32about it, but I do think that like I
- 29:34think that's the next level of being
- 29:37able to extract information. And I think
- 29:40the the machine learning capabilities
- 29:41that are there make this more possible
- 29:44uh to start to uh do some of this more
- 29:47really exciting ways of creating both a
- 29:50better user experience as well as a
- 29:52better advertising experience. And so
- 29:54I'm talking retail, retail, retail,
- 29:56retail. I do think that like gonna spend
- 30:00some time with our product team and with
- 30:01our data team and start to think about
- 30:03ways like we get beyond just retail
- 30:06especially for the non-endemics like for
- 30:09the non CPGs like what information can I
- 30:11extract from all of this consumer data
- 30:14about consumer package goods that might
- 30:17help a different kind of brand
- 30:19understand who their consumers are and
- 30:20how to talk to them. Harley-Davidson
- 30:22like couple of different Harley
- 30:24fanatics.
- 30:25>> You don't walk into a Harley-Davidson
- 30:26Harley. You don't walk into a dealer and
- 30:28just you're gonna go buy something for
- 30:29the first time having thought about it,
- 30:31researched it, been exposed to some
- 30:33event that was inspiring. Right. So,
- 30:37you're right. And so, how does all this
- 30:38data help Harley understand who their
- 30:41different personas are, how they're
- 30:43going to talk to them? Is this person
- 30:44just a fan? And that's great because I
- 30:46want to sell them Harley-Davidson merch,
- 30:48right? or is this person like a real
- 30:50buyer,
- 30:50>> right?
- 30:51>> And that's not the same person. And I
- 30:53think that like their consumer behavior,
- 30:56their shopping patterns might tell us a
- 30:58little bit something about that. And
- 31:00that's a place where I'd want to spend
- 31:01some more time.
- 31:02>> Well, as long as everyone's wearing
- 31:04their helmets when they buckle up and
- 31:05get on their bikes,
- 31:06>> drive safely and not in the rain,
- 31:07>> we're all good to go. Yeah.
- 31:09>> Well, Brian, thank you for your
- 31:11pleasure, your wisdom, your expertise,
- 31:12your insights. We made a genuine
- 31:14connection. We have to come all the way
- 31:15to can to have this connection. all
- 31:18don't know this, but we know so many
- 31:19people in common, it's kind of
- 31:20ridiculous. So, this was fun.
- 31:22>> This is this is what the network and the
- 31:23connection is all about. So, thanks
- 31:24again.
- 31:25>> Awesome. Thank you. Thank you for
- 31:26listening, buying Phillian's products.
- 31:29Thanks.