TOKYO--(BUSINESS WIRE)--LIVE BOARD, Inc. (“LIVE BOARD”) has entered into primary partnership agreements with four companies regarding “LIVE BOARD MARKETPLACE,” a digital-out-of-home (“DOOH*1”) advertisement initiative that enables programmatic transaction of impression-based DOOH advertisements, with automation of all phases, from advertisement planning to buying and selling of advertising spots and distribution. Going forward, LIVE BOARD will promote the project together with four primary partner companies, and will sequentially start providing the service from December 12. This will represent the first impression*2-based programmatic OOH advertisement offering in Japan*3.
Since its founding in February 2019, LIVE BOARD has garnered praise from many advertisers for greatly expanding the number of DOOH advertising spots, by collaborating with media companies and developing its own media, and for introducing the new concept of impressions to the OOH industry.
Using “LIVE BOARD MARKETPLACE” will enable flexible, performance-based transactions of DOOH advertisements in the same way as Internet-based programmatic advertising.
Key Points Regarding Programmatic OOH Advertisements
- Enables RTB*4 for DOOH media on a DSP*5.
- Bid prices, budgets, and advertisement formats and specifications can be set and changed freely as with programmatic advertising.
- The number of impressions can be checked on the DSP admin screen.
- Advertisements can be delivered from around the world to DOOH media in Japan.
LIVE BOARD has entered into primary partnership agreements with the following companies and will jointly promote the project.
[Primary Partners] |
||
No. |
Company name |
Service name |
1 |
SMN Corporation |
“Logicad” |
2 |
D.A.Consortium Inc.
|
MarketOne® |
3 |
Hivestack Inc.
|
“Hivestack DSP” |
4 |
VOYAGE GROUP Inc. |
“PORTO” |
LIVE BOARD will continue to contribute to the creation of new value in the OOH market, such as through new partnerships with the aim of growing the DOOH market.
*1 |
OOH is a general term for advertising media encountered outside of home, such as transit and outdoor advertising. DOOH refers to advertising media using digital signage installed in transit facilities, outdoors, and in retail shops, etc. |
*2 |
“Impressions” refers to the number of advertisement views. |
*3 |
According to research by LIVE BOARD (as of December 4, 2019) |
*4 |
RTB (Real-time bidding) is a system for bidding for individual advertising spots in real time. |
*5 |
DSP (demand-side platform) is a platform that helps advertisers maximize the effectiveness of their advertisements in digital advertising. |
[Overview of Each Company]
LIVE BOARD, Inc. |
|
Company Name |
LIVE BOARD, Inc. |
Representative |
Ichiro Jinnai, President and CEO |
Location |
7F Daiwa Aoyama Bldg., 3-1-30 Jingu-mae, Shibuya-ku, Tokyo |
Capital |
¥2.5 billion |
Commencement of business/ Date of Establishment |
February 1, 2019 |
Major Business Areas |
|
SMN Corporation |
|
Company Name |
SMN Corporation |
Representative |
Ryuichi Ishii, President and Representative Director |
Location |
12F Osaki Wiz Tower, 2-11-1 Osaki, Shinagawa-ku, Tokyo |
Capital |
¥979.5 million |
Commencement of business/ Date of Establishment |
March 21, 2000 |
Major Business Areas |
Marketing Technology Business |
D.A.Consortium Inc. |
|
Company Name |
D.A.Consortium Inc. |
Representative |
Masaya Shimada, President & CEO |
Location |
Yebisu Garden Place Tower, 4-20-3 Ebisu, Shibuya-ku, Tokyo |
Capital |
¥4,031 million |
Commencement of business/ Date of Establishment |
December 2, 1996 |
Major Business Areas |
|
Platform One Inc |
|
Company Name |
Platform One Inc |
Representative |
Naoki Toyofuku, President |
Location |
Yebisu Garden Place Tower 33F 4-20-3 Ebisu, Shibuya-ku, Tokyo |
Capital |
¥250 million |
Commencement of business/ Date of Establishment |
February 1, 2011 |
Major Business Areas |
|
Hivestack Inc. |
|
Company Name |
Hivestack Inc. |
Representative |
Andreas Soupliotis, Founder and CEO |
Location |
118 Rue Saint-Pierre Montreal, QC H2Y 2L7, CANADA |
Commencement of business/ Date of Establishment |
2017 |
Major Business Areas |
A location-based marketing technology (“MarTech*”) company that offers a full-stack DOOH advertisement distribution platform |
* The word “MarTech” is formed as a combination of the words “marketing” and “technology.” |
VOYAGE GROUP Inc. |
|
Company Name |
VOYAGE GROUP Inc. |
Representative |
Shinsuke Usami, CEO |
Location |
15F SHIBUYA SOLASTA, 1-21-1 Dogenzaka, Shibuya-ku, Tokyo 150-0043 |
Capital |
¥10 million |
Commencement of business/ Date of Establishment |
October 8, 1999 |
Major Business Areas |
|