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OpenAd.net was an online marketplace for buying and selling creative ideas for use in advertising, marketing and design. The core of its services was giving idea buyers (marketers, advertisers) direct access to a variety of unpublished ideas offered to them by over 11,500 freelance "creatives" from 125 countries [1] worldwide. [2]
The whole process of buying ideas takes place on-line, directly between advertisers/marketers and creatives, disintermediating agencies in the process. [3] Clients have the option of setting a pitch deadline and a license price for pitched ideas, while creatives have the option of setting a licensing price for ideas in the Gallery. Clients receive on average from 20 to 100 creative solutions and can decide to license one, more or none of the ideas proposed. Marketers pay $3,000 to $100,000 to post "briefs" describing proposed assignments on its Web site. Ideas accepted by clients are subject to negotiation with the creator, with OpenAd.net collecting a 22½% commission on the transaction. [2]
OpenAd.net has been used by mainstream advertising purchasers such as FHM , which has used the service three times for various campaigns. [3]
As of January 2, 2010 public records indicate OpenAd.net website is no longer available.
The OpenAd.net website offered two types of user accounts for:
The author of the idea is Vital Verlic, who established the company in 2003. The majority stake of OpenAd AG in Switzerland is owned by a Slovenian holding company Istrabenz, which backed the project in 2004. OpenAd.net is managed by Katarina Skoberne, a former television and advertising executive in Slovenia. [3]
OpenAd.net's subsidiaries are in New York (OpenAd Inc.), London (OpenAd UK Ltd) and Ljubljana (OpenAd d.o.o), with representatives in Sydney and Buenos Aires. In 2006, OpenAd.net was nominated for the Webby Awards in the "Best service" category. [4]
A web banner or banner ad is a form of advertising on the World Wide Web delivered by an ad server. This form of online advertising entails embedding an advertisement into a web page. It is intended to attract traffic to a website by linking to the website of the advertiser. In many cases, banners are delivered by a central ad server. This payback system is often how the content provider is able to pay for the Internet access to supply the content in the first place. Usually though, advertisers use ad networks to serve their advertisements, resulting in a revshare system and higher quality ad placement.
Saatchi and Saatchi is a British multinational communications and advertising agency network with 114 offices in 76 countries and over 6,500 staff. It was founded in 1970 and is currently headquartered in London. The parent company of the agency group was known as Saatchi and Saatchi PLC from 1976 to 1994, was listed on the New York Stock Exchange until 2000 and, for a time, was a constituent of the FTSE 100 Index. In 2000, the group was acquired by the Publicis Groupe. In 2005, the group went private.
The Alliance for Audited Media (AAM) is a North American not-for-profit industry organization founded in 1914 by the Association of National Advertisers to help ensure media transparency and trust among advertisers and media companies. Originally known as the Audit Bureau of Circulations (ABC), today AAM is a source of verified media information and technology platform certifications, providing standards, audit services and data for the advertising and publishing industries.
Digital display advertising is online graphic advertising through banners, text, images, video, and audio. The main purpose of digital display advertising is to post company ads on third-party websites. A display ad is usually interactive, which allows brands and advertisers to engage deeper with the users. A display ad can also be a companion ad for a non-clickable video ad.
The International Academy of Digital Arts and Sciences (IADAS) is an organization that was founded in 1998 in New York City to recognize and acknowledge excellence in interactive content across emerging technologies. According to the organization, the academy was founded to help drive the creative, technical, and professional progress of the Internet and evolving forms of interactive and new media.
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O'Reilly on Advertising (2005) was a popular show that was broadcast Saturday mornings on CBC Radio One, running from 11:30 – 12:00pm. Its host was Terry O'Reilly, who is a radio/voiceover director with a lengthy career. Its producer and co-creator was fellow adman and broadcaster Mike Tennant. "The program explored the world of advertising in a fun and irreverent way," and is essentially a primer on media literacy, illustrating how advertisers create successful radio ads. It ran for a total of 25 episodes, not including repeats, and concluded airing on December 31, 2005.
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Solve is an independent advertising and branding agency based in Minneapolis, Minnesota. The agency was founded in late 2011 by CEO John Colasanti, President Corey Johnson and Executive Creative Directors Eric Sorensen and Hans Hansen. Prior to founding Solve, Colasanti and Johnson held executive leadership positions at Carmichael Lynch, while Sorensen and Hansen served as creative directors at Fallon Worldwide.
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