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Collaborate without fear with NextMark’s Digital Media Planner

Friday, February 22nd, 2013

nextmark-v1-3-versioning

NextMark today unveiled advanced collaboration features in its Digital Media Planner system. With this upgrade, digital media planners can collaboratively develop digital media plans without fear of losing their work, which is common using today’s solutions.

More than 80% of digital media agencies still use Microsoft Excel to produce their digital media plans. While flexible and easy to use, Excel has a long list of weaknesses that contribute to the high cost to create and execute a digital media plan. Some of Excel’s biggest weaknesses are it’s lack of support for collaboration and version control, which causes lost productivity.

Excel spreadsheets are stored in a file format. As such, only the latest actively saved version is available.  If you forget to save your changes or your machine crashes, your work is lost.  If you and a co-worker unknowingly work on the same Excel media plan at the same time, your work will be lost if he saves his changes after you save yours.  Or you will clobber his work if you save changes work after his. Either way, valuable work is lost. The problem gets worse when you use email to share your Excel media plan because having many files in different places compounds the problem. Good luck trying to merge changes from two or more Excel files; this tedious task takes forever and you’re almost guaranteed to lose some of the work.

Even if you somehow manage to avoid all the file versioning landmines, it’s practically impossible to keep track of all the changes made during the planning process.  When your client asks you “how did this line get into the plan?” you won’t find the answer in Excel.

NextMark’s new Digital Media Planner (v1.3) solves these problems. With Planner, you get the flexibility and usability of a spreadsheet plus a powerful collaboration system. That’s because with Planner your work is always saved securely in cloud database storage with built in collaboration controls:

  1. When you start working on a media plan, you get a lock on the plan so nobody else clobbers your work.
  2. If your co-worker tries to work on same plan at the same time, he sees a warning that you are working on it and is prevented from making changes until you are done.
  3. Your changes are saved immediately as you make them. You don’t even have to hit a save button! (If you’ve ever used Google Docs, you know how handy this can be.)
  4. You can see a complete history of changes to the media plan: when the changes were made and who made each change.
  5. You can easily compare two versions of your media plan and see all the changes highlighted.
  6. If you make a mistake on your plan, it’s easy to revert back to a prior version.

Basically, you’ll never ever again have to deal with a bunch of out-of-synch versions of your media plan. And you’ll never lose your work again.

If you work for an agency that deals with Sarbanes-Oxley compliance or just wants better management controls, the built-in audit trail and comparison features are a godsend.

And, despite all the power of these advanced features, Planner is super easy to use. Even easier than Excel!

Don’t you think it’s time to finally ditch Excel? Want to learn more about how NextMark’s Planner can help you? Request your free access here.

NextMark Opens New York City Office

Wednesday, February 20th, 2013

nextmark-nyc-office-door

NextMark, Inc., a marketing and advertising technology provider, today announced it has opened an office in New York City. The new office, located at 53 West 36th Street, will be managed by recently hired Chief Revenue Officer Chris O’Hara and will be used primarily for sales and service.

“More than ever, having a daily physical presence in New York is important to properly serving our clients,” said Joseph Pych, NextMark’s CEO. “About half of our worldwide client base is in New York and the surrounding metro area. Although we’ve served New York well over the past 12 years, it’s clear we have to ramp up in response to demand for our new products for digital advertising.”

Since its launch less than 3 months ago, more than 75 agencies have started using or are in the process of being set up on the NextMark’s new Digital Media Planner system.

NextMark Hires Chris O’Hara as Chief Revenue Officer

Tuesday, January 29th, 2013

Chris O'Hara

January 29, 2013 New York, NY – NextMark, Inc. today announced it has hired Chris O’Hara as Chief Revenue Officer. In this newly created role, Mr. O’Hara will lead NextMark’s marketing and sales departments, and manage NextMark’s new regional office in New York City.

“Chris is the ideal person for this role,” said Joseph Pych, NextMark’s President. “We were overwhelmed with 102 applications for the job. Chris stood out from the rest of the pack because he’s not only got the right sales management skills, but also has extensive industry experience and the right ideas to lead our new growth in digital advertising.”

Mr. O’Hara was most recently Chief Revenue Officer for Looksmart, a search advertising technology company. Previously, Chris has held senior roles at TRAFFIQ, Reviewed.com, MediaBistro, and Nielsen. Chris is a member of American Business Media’s speaker’s bureau, the IAB’s Networks and Exchanges and Sales Executive Committees, and a contributor to industry publications including Business Insider, eMarketing & Commerce, Econsultancy, AdMonsters, MediaPost, The Agency Post, Adotas, ClickZ, iMediaConnection, DigiDay, and AdWeek.

In addition, Chris has published extensive research on the ad technology space, focusing on platforms and technology solutions that drive digital advertising. His recent publications include “Best Practices in Digital Display Media” (Econsultancy, March 2012) and “Best Practices in Data Management” (Econsultancy, December 2012).

“When I saw the NextMark offering, I knew I wanted to join the team,” said O’Hara. “The industry is finally ready to apply real technology to the problem of buying premium guaranteed media, where more than 85% of digital display media spending still resides. NextMark’s tools are the best I have seen, and I am looking forward to getting into the market and giving agencies a way to immediately see improvements in the way they plan and buy media.”

Mr. O’Hara’s hire is effective immediately.

NextMark Aims to Replace Excel With New Digital Media Planner

Sunday, December 2nd, 2012

Scottsdale, AZ – December 2, 2012 – NextMark, Inc. today unveiled a new system for automating digital media planning workflow at advertising agencies at the iMedia Agency Summit conference in Scottsdale, Arizona. The new system is called Digital Media Planner.

According to NextMark’s research, it costs agencies more than $40,000 per campaign in labor costs to create and execute a digital media plan and executing a digital media plan involves a tedious 42-step process. One of the main reasons for the high cost is the use of Microsoft Excel and manual processes. It’s a process that’s ripe for automation. The promises of workflow automation are to save time, eliminate mistakes, reduce transaction costs, increase agency profitability, and increase employee morale.

However, purpose-built workflow automation systems have so far failed to gain widespread adoption among advertising agencies. A survey of 65 digital media executives at the conference revealed that 80% (52 of the 65) still use Microsoft Excel and manual processes to create media plans while only 20% use a workflow system.  The four main reasons for failed adoption of workflow system alternatives to Excel cited are: too cumbersome, too limited in functionality, too expensive, and not integrated.

NextMark is aiming to replace Excel in the digital media planning process with its new Digital Media Planner system. The Planner is designed for independent digital advertising agencies, but can be used by agencies of all types and sizes. The system is accessed through the web as cloud-based software running on an enterprise-class SAS-70, Sarbanes-Oxley compliant platform.

Joe Pych, CEO of NextMark, unveiled the Digital Media Planner system and demonstrated the its main features at the conference including: importing from comScore Key Measures output; accessing advertising program details such as placements, inventory, rates, and audience profile via its data cards; creating a media plan using an intuitive spreadsheet interface; and exporting to Google’s DFA Ad Server. Mr. Pych indicated the system is available for free.

“Our goal for is to make digital media planning easy,” said Mr. Pych. “It seems like fighting windmills, but it’s about time someone replaced Excel because it causes so many problems and widespread unhappiness among digital media planners.”

Initial reactions to the Planner among conference attendees were positive. “My media planners are going to hug me for bringing this back to them!,” said Melissa Hodgdon, Vice President, Media Director of Engauge.

More information about NextMark’s Digital Media Planner is available on NextMark’s website at http://www.NextMark.com/dmp.

NextMark hires Weiping Liu as Director of Software Engineering

Wednesday, November 7th, 2012

We’re happy to announce that Weiping Liu has joined the NextMark team as our Director of Software Engineering. In this role, Weiping will be leading the software team in building software for buying and selling media for advertising. He’s joining us at a very exciting time – just as we’re putting the finishing touches on a brand new product – a digital media planning system (we’ve yet to come up with a fancy name for it).

Weiping has more than 20 years experience building software. As a hands-on manager with a keen focus on shipping, he’ll fit right in with our lean, maker culture. Prior to NextMark, Weiping has worked with some of the great software companies here in the Upper Valley such as TomTom, isee Systems, Tally Systems (Novell), High Performance Systems, and Concepts NREC. Weiping holds a Master’s Degree from Dartmouth College and a Bachelor’s Degree from Beijing Normal University.

 

 

Media Magnet v2.1 gives you Goldilocks and Training Wheels modes

Friday, July 27th, 2012

Media Magnet has been winning praise among digital media veterans because it offers a fresh alternative to the much-maligned RFP process. It just got even better with version 2.1.

Early this morning, our superstar development team rolled out another set of improvements to Media Magnet. Altogether, version 2.1 includes 14 improvements that make it even easier to use.

Goldilocks Mode

As we’ve reviewed these new features, the one customers like the most is the counts in the category selector. It’s a simple but powerful tool. As you see in the screenshot above, each category now displays how many media programs are in the given category. This is helpful in creating a consideration set that’s not too big, not too small, but just right. Goldilocks would love this!

For example, in the Arts & Entertainment category, there are 1,389 media programs… that’s a big category! Maybe it would be a better strategy to pick a sub-category like Humor that only has 51 media programs to refine your consideration set. It all depends on what you and your client need.  The nice thing about this feature is it gives you more insight as you are creating your campaign. So, you can make more informed decisions.

Training Wheels Mode

We’ve also introduced a new “training wheels” mode (that’s what I call it). Previously, when you posted a new campaign it would instantly go live. That’s super-efficient, but sometimes it makes sense to have a review before releasing it. That’s what this new feature is all about. Now, when you post a new campaign we’ll review it with you before it goes out.

With this feature, you don’t have to worry about an embarrassing misfire. It also makes it easier to kick the tires without going live with a campaign.

More to come

We hope you like the new features. Please let us know how we can make it even better!

NextMark Upgrade—Faster Media Updates

Friday, July 13th, 2012

With the successful upgrade of the NextMark Direct Marketing System (to version 7.16) last night, our customers will find that the system is easier to use than ever.  We listened when you told us you needed a better way to enter Selects.  Now, thanks to the Extended Selects Editor interface, users can quickly add/edit Selects and related details on a single page linked from the Selects panel of the Data Card Wizard.

Extended Selects Editor

For digital advertising program publishers, we added the ability to record targeting traffic as percentages so that you no longer need to convert percentages to quantities as part of the editing process.  This reduces the time you spend on data maintenance and allows you to focus on creating complete and compelling data cards to promote your properties.

Traffic Targeting in Percents

We know that reports drive your business as well as your internal processes—and with that in mind, we continued to extend reporting by adding a variety of new fields in several data sources, including Account Type, Created By, and Assigned To.

For details on these and other improvements, see the release notes.

Now available: an “air traffic control” system for managing digital media RFPs and proposals

Friday, May 18th, 2012

Media Magnet version 2.0 is now available. This upgrade introduces an “air traffic control” system for media planners at digital agencies who want to easily manage all their digital media RFP’s, RFC‘s, and proposals in one place. The improvements include:

1) Alerts and Invitations – This new section gives you 20/20 visibility into who has received alerts and invitations.
2) Contact list – For each alert sent, now you can see who got it.
3) Program list – For each publisher, now you can see a list of their properties that match your criteria.
4) Block button – Now you can block a publisher from submitting a proposal. This is handy in cases where you are already dealing with them in some other way or just don’t want to get a proposal.
5) Unblock button – If you change your mind about someone you’ve blocked, you can easily unblock to allow proposals
6) Invite others – This new button enables you invite others to submit proposals for your media plans. It’s effectively an RFP but a lot easier.
7) Status – Now you can see the status of every alert and invitation you’ve sent.  You can see if your RFPs have been viewed or responded to

Here’s a sample screen shot showing these new features:

To get you free Media Magnet account, go to http://www.nextmark.com/media-planning/media-magnet/.

5,000+ Top Digital Media Ad Programs Now Available In NextMark

Thursday, April 26th, 2012

NextMark has hit yet another milestone with the Digital Media Advertising Index: more than 5,000 of the top digital media advertising programs are now represented via data cards. It was just four months ago that we hit the 2,500 record milestone. Great momentum!

The top publishers have been very enthusiastic about posting their data cards in the index for four good reasons:
1) It makes it easier for media planners to find them
2) It makes it easier for media planners to buy from them
3) It’s easy to use
4) It’s free

The data card index complements other website indexing services like those from comScore, Nielsen, and Google that to a great job with website metrics such as number of visitors, page views, and basic visitor demographics. Those other services help media planners to find sites on which to advertise, but they don’t answer all questions a media planner needs to know when building a media plan such as:

  • “Does the site accept advertising?”
  • “What more can you tell me about the site and the visitors?”
  • “What are the placement options?”
  • “How much inventory is available?”
  • “How much does it cost?”
  • “Who do I contact for more information?”

Those are the types of questions that are answered on NextMark’s data cards. Data cards have been used by media planners for years in other traditional media channels through SRDS, NextMark, and others. However, it’s been effectively absent from digital media. NextMark is trailblazing this initiative by adapting and evolving the data card concept for digital media.

The goal of the index is simple: to make it easier for media planners to find, compare, and buy digital media advertising programs.

NextMark Release Paves Way for Digital Media Planning Apps

Thursday, November 17th, 2011

Tonight, we will update the NextMark system to version 7.12.  I wanted to highlight a couple of themes related to the improvements included in this release.

First, if you have been following recent NextMark posts, you know we are working on building a database of digital advertising programs along with new apps to improve the digital media planning process.  With the 7.12 release, we are introducing the foundation to enable us to offer multiple applications within a single framework.  While is doesn’t look like much, we’ve added a stripe (see image below) across the top of the application that will eventually be an application switcher.  For now, NextMark users will see an app called Direct Marketing System—which is the name for the current set of capabilities offered under the NextMark brand.

NextMark Application with Stripe

So, what new apps are in the works?  The Digital Media Planner will significantly reduce the amount of time required to create high-quality media plans.  It will also provide access to a growing database of detailed digital advertising programs.  We are also working on Media Magnet, a tool to connect buyers to the digital advertising programs that best match their campaign objectives.

With every release, we aim to increase system stability and usability and 7.12 is no exception.  We’ve addressed more than 20 issues reported by our user community.

One of our ongoing goals at Nextmark is to drive down the transaction costs associated with buying and selling direct mail lists and other marketing programs.  In 7.12, we streamlined some of the key functions related to the Direct Marketing Exchange (DMAX)—a system that provides the ability for trading partners to electronically transmit mailing list orders using a standard protocol.  For more information about DMAX and how organizations can use it to reduce cost and increase business, refer to this post.

For more detail, check out the 7.12 release notes.