Nectar™ is the World’s First Platform that Empowers Both Publishers and Advertisers Executing in the Mobile Space
Barcelona, SPAIN and Toronto, CANADA – February 21, 2013 – JUICE Mobile, a leading independent mobile marketing and technology firm, today announced the launch of its new mobile platform Nectar™.
“At JUICE we focus exclusively on the rapidly evolving mobile ecosystem and developing technology to solve problems in the space,” says Neil Sweeney, president and CEO, JUICE Mobile. “Nectar is the first mobile platform in the world that acknowledges environment as an important variable in decision making and allocates impressions on factors other than price. We think Nectar is the alternative to traditional exchanges and demand/supply side platforms and is the first agnostic marketplace to balance the objectives of both publishers and advertisers in the same platform.”
Platforms and exchanges being introduced into the mobile space are inherently biased toward one side of the sales equation. Additionally, their algorithms inevitably default to price arbitrage, ignoring the accepted principal that some environments are inherently worth more than others. The result of this fixation on price and the exploitation of price arbitrage has led to wide spread commoditization of inventory in the mobile space. Nectar™ solves this challenge by removing price from the allocation equation through the use of a proprietary algorithm that awards inventory through a combination of core marketing principles and machine learning – allowing the platform to become smarter through every execution.
Nectar allows publishers to set their own parameters and have complete visibility within the marketplace, allowing them to dynamically participate. “Postmedia chose to work with JUICE Mobile for mobile monetization due to their focus and expertise in the mobile space,” said Yuri Machado, SVP, Digital Sales and 3i, Postmedia Network. “At Postmedia, we continue to expand our mobile advertising(www.juicemobile.org) presence and exclusively using Nectar’s platform to participate in mobile campaigns(www.juicemobile.org/our-work) that are the best fit for our properties provides unparalleled visibility and control.”
Nectar™, which is being officially released at Mobile World Congress in Barcelona, has emerged from a private beta to a full release with a number of JUICE Mobile’s exclusive premium publishers currently participating in the platform.
Nectar™ Fact Sheet
JUICE Mobile officially launches Nectar™ this February at Mobile World Congress in Barcelona, Spain with 7 of its exclusive publishers currently in the platform, making it the largest mobile platform of publishers in Canada
Publishers include: BBC, St. Joseph Media, Maple Leaf Sports & Entertainment, Corus Entertainment, Postmedia Network, Winnipeg Free Press, and Metro International (English)
Nectar™ targets premium publishers and advertisers looking for an alternative to current mobile exchanges (DSP’s and SSP’s)
Nectar™ is an innovative new platform that allows both publishers and advertisers to participate in a more efficient market where evaluation is based on a variety of factors – not just price alone
Nectar™ eliminates price from the buying equation and uses a unique algorithm to allocate weight based on core marketing principles like reach, frequency, demography and duplication
Developed in-house by JUICE’s technology team, Nectar’s unique and proprietary technology is patented by JUICE Mobile
Nectar™ supports all types of mobile executions including standard, rich and custom ad units, pre-roll and interstitials. JUICE Mobile is looking to expand into the United States and Mexico in 2013 with other countries in 2014
For media inquiries and more information, contact:
Siobhan Sweeney in Barcelona at Siobhan.Sweeney@juicemobile.com