Deterministic partnership between Viant and IRI significantly enhances advertisers’ ability to increase precision and measure sales lift
IRVINE, Calif., and CHICAGO and NEW YORK — Dec. 5, 2017 — Viant®, a Time Inc. people-based advertising technology company, and IRI®, the global leader in innovative solutions and services for consumer, retail and media companies, today announced a deterministic partnership. The partnership will bolster Viant’s people-based data and analytics offerings for shopper marketers with IRI’s unique retailer data sets and in-store measurement solutions.
“IRI is a leader in the shopper marketing arena, providing the valuable customer purchase insights that Viant was looking for in a partner to complement our people-based marketing solutions,” says Jon Schulz, chief marketing officer for Viant. “The partnership of Viant and IRI enables us to provide CPG marketers with the ability to access data sets that have a measurable impact on in-store sales and improve targeting to their highest-value customers across all channels and devices.”
Data-rich campaigns enable advertisers to better identify where to allocate their ad spend to reach only the most relevant, high-value customers, and marketers can now access data sets exclusively available to IRI for targeting and more accurate performance measurement. This includes de-identified data from IRI Verified Audiences, which includes more than 350 million national shopper loyalty cards as well as point-of-sale (POS) data from stores available through IRI, including BevMo!, BJ’s, The Kroger Co., Rite Aid, Southeastern Grocers and others, along with IRI’s vast data assets.
This powerful combination of Viant’s database of over 1 billion registered users with IRI Lift™, the industry’s leading-edge online-to-offline measurement provider with superior accuracy, granularity and speed, provides CPG marketers and agencies with an unprecedented ability to target, measure and improve advertising effectiveness with greater accuracy and precision.
“This strategic partnership is evidence of our continued momentum in retail and media and our goal to empower CPG marketers with the data and insights they need to delight their consumers with promotions and advertising that they find appealing,” says Nishat Mehta, president of the IRI Media Center of Excellence. “IRI’s rich assets of actual consumer purchase behavior are a great complement to Viant’s people-based data set for marketers seeking to drive in-store sales.”
IRI Verified Audiences press release: https://www.iriworldwide.com/en-US/insights/news/IRI-Announces-Next-Generation-Purchase-Based-Targeting-Capabilities-With-IRI-Verified-Audiences
IRI Lift press release: https://www.iriworldwide.com/en-US/Insights/news/IRI-Announces-Enhancements-to-IRI-Lift,-Launching-Lift-for-TV-Solution-to-Measure-the-Impact-of-Tele-en
About the IRI Partner Ecosystem:
IRI fundamentally believes that delivering differentiated growth for clients requires deep, highly integrated partnering with a variety of best-of-breed companies. As such, IRI works closely with a broad range of industry leaders across multiple industries and sectors to create innovative joint solutions, services and access to capabilities to help its clients more effectively collaborate and compete in their various markets and exceed their growth objectives. IRI is committed to its partnership philosophy and continues to actively enhance its open ecosystem of partners through alliances, joint ventures, acquisitions and affiliations. The IRI Partner Ecosystem includes such leading companies as 84.51°, Adobe, The Boston Consulting Group, comScore, Experian, GfK, Gigwalk, Ipsos, Mastercard Advisors, MaxPoint, Pinterest, Oracle, Research Now, Simulmedia, SPINS, Survey Sampling International, Univision and others.
IRI is a leading provider of big data, predictive analytics and forward-looking insights that help CPG, OTC health care organizations, retailers, financial services and media companies grow their businesses. A confluence of major external events — a change in consumer buying habits, big data coming into its own, advanced analytics and personalized consumer activation — is leading to a seismic shift in drivers of success in all industries. With the largest repository of purchase, media, social, causal and loyalty data, all integrated on an on-demand, cloud-based technology platform, IRI is empowering the personalization revolution, helping to guide its more than 5,000 clients around the world in their quests to remain relentlessly relevant, capture market share, connect with consumers, collaborate with key constituents and deliver market-leading growth. For more information, visit www.iriworldwide.com.
Viant Technology LLC is a premier people-based advertising technology company, enabling marketers to plan, execute and measure their digital media investments through a cloud-based platform. Built on a foundation of people instead of cookies, the Viant Advertising Cloud® provides marketers with access to over 1.2 billion registered users, one of the largest registered user databases in the world, infusing accuracy, reach and accountability into cross-device advertising. Founded in 1999, Viant owns and operates Adelphic and Myspace and is a member of the Xumo joint venture. In 2016, Viant became a subsidiary of Time Inc. (NYSE:TIME), one of the world’s leading media companies with over 100 influential brands including People, Sports Illustrated, Fortune and Time.
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Daniella Krieger Bedros
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