Ad and Media Agencies are Officially Obsolete – Datagran Celebrates Launch of NY Office with $17,000 "Gran Challenge"
Press Releases
Mar 05, 2018
NEW YORK, March 5, 2018 /PRNewswire/ — Today, Datagran, which is reinventing the digital advertising model worldwide through a combination of artificial intelligence and human ingenuity, announces its further expansion into the U.S. market via the launch of a new office in New York City’s financial district. Datagran already has a presence in Los Angeles, Houston, Warsaw, Istanbul, Bogota, Buenos Aires and Mexico City.
Datagran has achieved rapid success with some of the world’s most iconic brands including Coors Light, Subway, Audi, Bic and Honda. The company did it by uniquely combining computer logic with human creativity to bypass traditional, cumbersome ad and media agencies. Instead, it delivers real-time insights and impactful creative to marketers, finally letting them take control of their campaigns while cutting costs.
The advertising industry is facing serious challenges. The volume of data that companies generate now surpasses the ability of any human to interpret, and many companies are not leveraging this data in the right way. At the same time, media and agency costs continue to rise, but only large brands enjoy economies of scale, and campaign learnings and optimizations can often be implemented only after media budgets are spent.
Datagran – backed by some of the same early investors that funded Uber and Airbnb – changes everything. Its toolkit continually optimizes audiences, CPR, creative and channel mix, provides audience-based insights before ad buys are placed, and unlocks data patterns and trends based on a company’s business performance – including audience clusters, price points and more.
All of these insights are then fed into Datagran’s game-changing adCreator service, which uses its inhouse network of several dozen award-winning creative professionals to deliver creative including photography, visuals, videos and copywriting, at some of the lowest costs in the industry.
“Entrenched industries such as retail, transportation and hospitality have been disrupted in recent years through advanced technology. It’s long overdue for ad and media agencies to also be replaced by a better approach,” said Carlos Mendez Solano, founder and CEO of Datagran. “With Datagran, brands or media agencies no longer need traditional agencies to create and deliver groundbreaking, impactful campaigns. We encourage anyone who feels they can do better to enter the Gran Challenge – in fact, I’m so confident that our AI is unbeatable, I’m prepared to double or even triple the prize.”
To win, challengers must achieve a lower cost per click using their own methods than with Datagran’s tool. To enter, entrants must create and run two concurrent seven-day campaigns with the same criteria: creative/copy URL, platform, targeting and budget. They must run one campaign using their own methods and another using Datagran’s adOptimizer tool. The contest ends on March 26th. Winners may receive prizes including a grand prize of $10,000, a first prize of $5,000 or two second prizes of an iPhone X. To enter, please visit https://optimizer.datagran.io/adoptimizer-challenge/. Complete rules can be found here: https://optimizer.datagran.io/adoptimizer-challenge/clkn/https/optimizer.datagran.io/adoptimizer-challenge/terms-and-conditions/.
About Datagran
Datagran makes it easy to become a marketing genius. Selected by JP Morgan Chase and Endeavor as a “High Potential Startup,” its unique advertising campaign toolkit improves results while helping most companies cut ad spending by an average of 20 percent. Datagran has 80 employees and is in twelve locations across Europe, North, South and Central America. Investors include Telefónica and Quake Capital partners. To learn more visit www.datagran.io.
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SOURCE Datagran