New York, N.Y. – October 20, 2009 – LogicLab Inc. (www.logiclabinc.com), the first company to apply deep marketing analytics to the media buying process of evaluating, optimizing and purchasing advertising, officially launched LogicLab Media Marketplace – the new online solution for advertisers and media buyers wanting to maximize the effectiveness of their ad spend, and for media companies of all sizes that want to attract new advertisers. LogicLab’s Media Marketplace, for the first time, makes it possible to measure quantifiable results of mass media buys based on advertisers’ campaign goals.
LogicLab’s Media Marketplace uses highly sophisticated match algorithms to connect advertisers and media buyers to the best advertising choices possible. Media companies first download a sampling of their subscriber files, and the LogicLab Media Marketplace goes to work comparing the information to actual consumer data. This comparison provides a more complete and highly detailed picture of each consumer. The solution then offers recommendations based on the insights and the advertiser’s unique requirements.
LogicLab President Christopher Wilson said, “Today, with the launch of LogicLab’s Media Marketplace, knowledge-driven advertising decisions can be made for the first time using actual consumer data and LogicLab’s own proprietary matching algorithms. In many ways, LogicLab’s Media Marketplace is like an online relationship matching service – but in this case, we are pairing up advertisers and media buyers with the best media outlets.”
Advertisers, media buyers and media companies can participate in the LogicLab Media Marketplace by contacting LogicLab.
LogicLab develops innovative solutions that match advertisers with the best media choices possible. By placing actual consumer data at the center of media evaluation, the LogicLab Media Marketplace™ enables advertisers, agencies and media buyers to, for the first time, optimize and measure campaigns using the same proven quantitative criteria used in disciplines such as direct marketing. The LogicLab Media Marketplace™ also gives media owners the ability to attract new and diverse advertisers. Founded in 2009 and based in New York, N.Y., LogicLab Inc. is a wholly owned subsidiary of Merkle Inc. Learn more about LogicLab Inc. at www.logiclabinc.com or call 443-542-4696.