[Essential Mediatech] Advertising Company Showcase
So, we just had the 3rd showcase of companies here at Essential Mediatech and honestly most of them were (again) boring. The only one of the list below I really, really enjoyed was OpenAd, and weird enough this was the only company up until now that I really enjoyed listening to.
IGA Worldwide - in-game advertising company with proprietary ad-serving network
OpenAd - online marketplace for buying and selling advertising, marketing and design ideas
Trutap - developer of a social media application for mobile phones
Xtract - social network analytics and mobile marketing
OpenAd is a seriously good idea (unlike Trutap which is like an unfocused big mashup of online mobile services pushed into one chaotic looking java app) even though it is about advertising. Their idea is to crowdsource the advertisement industry, making it possible for any company to use their thousands of creatives to create a new advertisement campaign. The cool thing is that you actually don’t pay for the process (which is the old model) but just for the end product you agree to license. In other words: you only pay for things you will like to use and are happy with. Their previous customers include quite a few big companies so I am looking forward to the future of this business model and the effect it will have on the quality of advertisements.
