After cutting back site list in March, JPMorgan Chase has doubled the number of sites it advertises on in the past six months
JPMorgan Chase became a cause célèbre for brand safety after The New York Times reported in March that the mega bank drastically reduced the number of sites it ran ads on from 400,000 websites a month to 5,000 sites a month. But since the Times report, the bank has increased the number of sites it runs ads on.
The company declined an interview request, but a JPMorgan Chase spokesperson said the brand now runs ads on about 10,000 websites — still just 2.5 percent of its original, impossibly broad site list. Ad tracking firms show a similar trajectory. Although the company’s ads appear on more sites now than they did in the spring, the bank still runs ads in far fewer places than it did a year ago. What this indicates is that despite how they’re talked about at industry conferences, brand-safety tactics are malleable.
“The whole strategy is probably more fluid than the firm stance that has been talked and written about,” said Ken Van Every, senior business development manager at programmatic buying platform DataXu. “But the end goal is still the same, and it’s a good one to protect their brand.”
After the number of sites with Chase ads cratered in March and April, the brand saw a 50 percent increase in the number of sites it ran ads on in May, according to MediaRadar, which declined to share raw numbers. Since May, there has been a steady uptick in the number of sites with Chase ads, but the growth has slowed significantly. In August, Chase ads ran on only 6 percent more sites than they did in July, according to MediaRadar.
As seen in the chart below, which shows month-to-month percentage changes in the number of sites Chase has ads on, Pathmatics data also indicates the bank is running ads in more places since the Times report came out.
After the Times story began making the rounds within the media industry, the bank probably received a barrage of requests from publishers requesting that their sites be included on its whitelist, Van Every said. The expansion of the number of sites Chase runs ads on was likely an accommodation of these requests. Although cheap reach is appealing to most brands, a doubling of sites doesn’t necessarily increase reach by that much since the most popular sites (most of which were likely already included in Chase’s campaigns) have exponentially more traffic and inventory than long-tail sites, Van Every said.
Marc Goldberg, CEO of brand-safety firm Trust Metrics, said whitelists and blacklists need regular monitoring and updating in order to be effective, so it’s not that surprising to a see brand open up its campaigns to more sites after testing a new strategy.
“Neither a whitelist or blacklist is a static document designed to set and forget,” he said.
‘It’s where our key customers are’: Why a DTC shoe brand spends big on Instagram and Facebook
As Apple continues its data privacy crackdown, a newly launched DTC brand says launching with Facebook and Instagram at the helm of its media mix is key.
As the almost-billion-dollar esports betting industry expands, companies are seeing green beyond early-stage challenges
As interest in esports betting rises, companies in the space are working to address the unique challenges that come with this relatively new form of wagering.
Cheat Sheet: New rules and funding for FTC could be on the way
Legislators want the FTC to establish new rules to prevent deceptive or unfair data practices. And the FTC is already laying the groundwork.
SponsoredHow retailers can be ready for holiday shoppers this year
Suchi Sastri, managing director and partner, Boston Consulting Group As the holiday season approaches and the pandemic continues to evolve, retailers want to know what to expect. Will e-commerce continue to grow at the rate it did last year? How big of a role will in-store shopping play in holiday shopping? While it’s still early, […]
How the new CEO of the IAB Tech Lab plans to support a responsible digital ad ecosystem
Anthony Katsur is only weeks into his new role as the CEO of the IAB Tech Lab, but already has big plans for what he wants to do at the organization.
‘The data strategies of these companies aren’t progressive enough’: 10 Confessions on the pivot to privacy
An inside view of how privacy changes are having big consequences throughout advertising.