Facebook investor Accel predicts rise of 1-2-1 advertising

Accel Partners, one of the early venture capital companies to invest in Facebook, has predicted the rise of one-to-one advertising across multiple channels as one of the next big booms, in a session at Advertising Week.

Philippe Botteri: "a good marketing strategy should really leverage both offline and online"
Philippe Botteri: "a good marketing strategy should really leverage both offline and online"

Philippe Botteri, a partner at Accel, told Trevor Healy, the chief executive of the mobile ad platform Amobee, in Tuesday morning's VC dialogue session that big data and personalisation was driving this change.

Botteri said: "Advertising is changing from segmentation, where brands were trying to understand how to segment their customers and then market for each segment. This vision of the world will disappear in the next few years and be replaced by one-on-one advertising.

"If you look at a company like Booking.com, they built their own email marketing engine [to] send out millions of emails without ever sending the same email to more than two users."

Botteri added that email marketing was "just the first step" and would be followed by advertising on a one-to-one basis "across platform, across content and across search".

He said: "A good marketing strategy should really leverage both offline and online and it's been interesting to see the development of online advertising over the past ten years."

Facebook is the "next thing" in terms of customer acquisition, Botteri added. "Facebook on mobile right now is what search engine marketing was in 2005-2007. We see an opportunity for brands to spend very large amounts on Facebook mobile with a great return."

For all the latest news from Advertising Week Europe visit the LIVE@AdvertisingWeek blog.

Subscribe to Campaign from just £57 per quarter

Includes weekly and quarterly print issues, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

MOST READ

BBH deputy ECD Caroline Pay exits
Share

1 BBH deputy ECD Caroline Pay exits

Bartle Bogle Hegarty has parted company with its deputy executive creative director Caroline Pay and has promoted Ian Heartfield, creative managing partner, and Anthony Austin, chief executive of Black Sheep Studios, to take over as joint deputy ECDs.

Just published