How Viacom uses artificial intelligence to predict the success of its social campaigns
To eliminate some of the guesswork from its social media campaigns, Viacom has turned to machines.
Over the past year, a seven-person data science team in Viacom’s ad sales group has been building a pipeline to collect near-real time information about how its social media posts perform. This way, the entertainment giant can predict how many social posts it will need to reach audience goals and what kinds of posts to use in each campaign.
Using the product, Viacom set performance benchmarks for different kinds of social media posts by platform and all its brands, which include Nickelodeon, MTV and Comedy Central. Viacom evaluates everything from branded content campaigns to posts designed to drive tune-ins to tentpole shows like MTV’s Video Music Awards with the benchmarks. The data pipeline, which pulls information from social platforms sometimes as frequently as every five minutes, is also designed to give Viacom’s departments easy access to the data.
“We see a lot of inefficiencies in the way things are done,” said Matthew Moocarme, a senior data scientist for Viacom, who gave a presentation on the effort at the Advertising Research Foundation’s Audience x Science event on June 12. “Right now, the goal of this is to report back on how well we’ve performed [on social].”
Viacom operates social handles for everything from its channels to its shows to the individual characters in them, like SpongeBob SquarePants. It runs over 400 YouTube channels, 430 Facebook pages, 60 Instagram handles and 100 Twitter handles. Viacom publishes hundreds of times per day on each platform, except for YouTube.
Viacom uses the posts for a variety of purposes, including driving traffic to its websites, social impressions for advertisers and awareness of its own programming. Internal brand marketing agency Viacom Velocity markets the content Viacom’s brands produce, and social media platforms are a key distribution channel.
Moocarme said that prior to the creation of its internal system, groups like Velocity and the ad sales group his team reports used third-party benchmarks to see if their social media content was working. But those third party solutions all had their own shortcomings; some third-party tools, for example, make it difficult to use third-party tools to determine how much paid promotion affects content performance.
The pipeline has already helped unearth insights that inform Viacom’s campaigns. For example, the company uses the technology to determine when to use influencers to drive content. The technology can tell within eight hours of a post’s publication whether it will perform well relative to its expected results.
“At all our tentpoles, we have these dedicated social war rooms,” Moocarme said. “If you know you have to produce another post, you want to know with as much time as possible.”
Although Moocarme and his group run analyses for different stakeholders inside Viacom, they can use it to conduct their own experiments and create their own models, too. That’s part of a broader push to make data more widely available across the organization. Several weeks ago, the company also launched a data marketplace that gives Viacom executives an ability to browse the data sets available across the organization, sample them and request them more efficiently.
“Our ethos within the data science team is innovation and automation,” Moocarme said. “That means automating the boring parts.”
Kill Your Algorithm: Listen to the new podcast featuring tales from a more fearsome FTC
Kill Your Algorithm, a Digiday podcast special exploring the implications of a more aggressive Federal Trade Commission, delves into the agency's settlement with period tracking app Flo and why some think it wasn't tough enough.
Future PLC CRO on how its proprietary ‘secret weapon’ can help shoppers amid upcoming chaotic holiday season
Webby is "confident" the company will bring in more e-commerce revenue for its affiliate partners this year than the nearly $1 billion in sales in 2020.
Member ExclusiveMedia Briefing: How sportsbooks are placing bigger bets on sports media outlets
In this week's Media Briefing, media editor Kayleigh Barber looks at how sports betting companies are pushing more money to publishers.
SponsoredHow advertisers are navigating advanced TV and premium video convergence
Nicole Schumacher, vice president of product marketing, Xandr Advertisers have a number of priorities and considerations as premium video content for viewers evolves. Media types are converging as audience behaviors diverge, adding nuance and complexity to each phase of campaign workflows. It’s the age of innovation for all types of video advertising, including convergence — […]
As the FTC takes aim at tech giants, the regulator just lost key tech and data privacy leaders
The FTC has just nine technologists, and three recent departures could stymie its hiring goals.
Omnicom Media Group signs onto Disney’s new clean-room offering as it also launches a brand purpose initiative
The media agency network's brand purpose initiative hits on misinformation, fraud, ethics and DE&I issues; it's also the first agency signed up to Disney's new clean-room offering.