MRI-Simmons Launches ‘Consumer Canvas’, a data enrichment solution of unmatched depth and accuracy, at Advertising Week New York 2024
2024年10月7日 - 11:26PM
ビジネスワイヤ(英語)
New offering facilitates the discovery of
high-quality audiences that reduce waste and drive marketing
campaign performance
MRI-Simmons, the leading provider of insights on the American
consumer, today announced the launch of Consumer Canvas, a new data
enrichment solution that helps marketers improve the quality and
utility of first-party data. Created in partnership with leading
identity providers, the new solution helps marketers unlock brand
insights, facilitate audience discovery, and drive activations that
improve marketing ROI. MRI-Simmons will also join a panel
discussion on “Identity Resolution in the Advanced TV Marketplace”
on Tuesday, October 8th, 3.00 PM ET at CIMM Summit, a key industry
event that will run concurrently with Advertising Week New York
2024.
Consumer Canvas is built on MRI-Simmons’ core study, MRI-Simmons
USA. With a probabilistic sampling methodology and single-source
data collection from 50,000 respondents each year, MRI-Simmons USA
is the industry’s leading source of consumer intelligence,
providing brands, agencies and media partners with the most
accurate, comprehensive, and nationally representative view of
Americans.
To build Consumer Canvas, MRI-Simmons partnered with multiple
identity providers to deterministically match respondents of the
MRI-Simmons USA study to national consumer files. Based on that
match, over 60,000 attributes from MRI-Simmons are scored onto
~250M US adults, creating an identity spine that is weighted and
balanced to ensure parts of the population, often under-represented
in big data, are accounted for. That identity spine powers the
Consumer Canvas dataset, which marketers can use to quickly enrich
first-party data, facilitating audience discovery and activation of
custom audiences across media.
“In today’s media environment, marketers face a variety of
challenges that threaten to make their efforts more difficult and
less profitable, including the reliability of their data.” said
Paul Shortley, Head of Commercial at MRI-Simmons. “A fragmented
media landscape, evolving legal and privacy regulations and the
rise of walled gardens have limited consumer data signals, making
it harder to get a holistic view of audiences. With the launch of
Consumer Canvas, marketers can enrich first-party data sets to
bolster their understanding of consumers and create advanced
audiences to be leveraged across the full lifecycle of a campaign,
ultimately increasing return on ad spend and decreasing media
waste.”
Among its many benefits, Consumer Canvas will help
marketers:
- Identify and correct skews in first-party data to provide
representative balance.
- Enrich first-party data to uncover strategic insights into
existing customers, high-value prospects, and new cohorts.
- Discover and scale custom audiences for cross-platform campaign
activation.
- Track and trend target personas over time
To learn more about Consumer Canvas, visit
https://www.mrisimmons.com/solutions/consumer-canvas/
About MRI-Simmons
MRI-Simmons is the leading provider of insights on the American
consumer. With transparency and methodological rigor at its
foundation, MRI-Simmons makes consumer data smarter and empowers
action from insights. A leader in consumer insights for over 60
years, MRI-Simmons possesses one of the few single-source,
privacy-compliant data sets that is widely used for consumer
profiling, media planning, data enrichment, and activation. Powered
by address-based probabilistic sampling, MRI-Simmons measures real
people, chosen at random to represent the US population in all its
variations. The result is a nationally representative and
culturally diverse data set that provides the most accurate view of
the American consumer.
Catalyst, the company’s consumer insights and activation engine,
informs marketing strategy and streamlines the use of data to drive
business results. Built on MRI-Simmons’ nationally representative
consumer truth set, Catalyst provides marketers with a series of
modules, from consumer profiling through digital and addressable
activation, designed to enable a self-service experience with
complete transparency.
Launched as a joint venture in 2019, MRI-Simmons is co-owned by
GfK and SymphonyAI Group, with GfK as the majority partner. In
2023, GfK combined with NIQ, bringing together two industry leaders
with unparalleled global reach. To learn more, visit
mrisimmons.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241007050114/en/
Media: Matt Cumello VP, Head of Marketing
press.ms@mrisimmons.com