Anyone holding media jobs in online advertising agencies, from art directors to account managers, will know that, in the era of digital advertising, creative talent and sound data need to be joined at the hip. That is perhaps why New York’s rising data and marketing start-up Nomi has just acquired cross-device ad targeting start-up Media Armor.
Digitizing the offline world
Nomi’s mission since its launch in 2012 has been to, “digitize the offline world to be on par with the online world”: it brings its technology and talent to bricks and mortar retailers, providing them with the data they need to be as optimized as an ecommerce site. By exploiting data that already exists, it can show them not only how successful marketing campaigns have been in ramping up in-store traffic, but how much of that traffic actually ends up making purchases. Nomi’s technology niftily integrates data about customers across mobile, the web and in stores, giving retailers a full picture of what they’re doing and what they’re interested in.
In October last year, Nomi successfully raised Series A investment amounting to $10 million, much of which was ploughed into its engineering and product teams. But it’s had its sights on Media Armor for some time. Nomi CEO Marc Ferrentino had been impressed with its cross-device retargeting capabilities, and says that the acquisition will help his company bring additional digital marketing data to its platform.
A fruitful integration?
By juxtaposing Media Armor’s capabilities with Nomi’s iBeacon integration, for example, Nomi will be able to tell clothing retailers if an in-store customer had previously placed any items in his or her online shopping cart, and then allow the store to send targeted mobile messages to that customer based on that data. As Ferrentino puts it: “Ultimately, it’s not about e‑commerce or in-store commerce, it’s just commerce.”
No financial terms have been disclosed yet but we do know that Media Armor’s four-strong team is upping sticks from Boston to join the Nomi team at its New York office. Media Armor’s co-founders, Eric Brown and Elizabeth Zalman will take on the roles of director of product management and VP of insights respectively upon stepping aboard the good ship Nomi.