MOJO
At this point in time, online advertising was becoming one of the newest and most profitable medium of advertising. Consumers started to become more comfortable with the idea of gaining knowledge and allowing themselves to be influenced as they were checking their email or shopping online. http://findarticles.com/p/articles/mi_m0EIN/is_2000_Sept_13/ai_65188352


The International Advertising Bureau reported another successful year in
advertising on the Internet with sales continually increasing from previous
years. Within one year there was a 182% increase from 1999 and a 9.9% increase
within one quarter, which was $1.953 billion in advertising sales. High
expectations were made in 2000 for the future. Advertising agencies were
predicting the industry to be worth 16.5 billion in 2005 and a 15 – 20% increase
within one year. Although these were high expectations, the current trends in
online advertising showed much promise. In 2000 the Internet advertising sales
were at a higher rate than any other type of medium.
http://www.tmcnet.com/usubmit/2005/apr/1137186.htm
Although, Internet advertising
sales were high, many e-commerce sites were going under which directly affecting
the advertising status online. Much of the problem was effectively advertising
on the Internet. This was a new media and it was thought that advertising
agencies might have misunderstood how to incorporate a variety of marketing
tools and needs for consumers. Once this understanding occurred the advertising
agencies would be successful and continue to move forward in professionalism,
sophistication and profitability. A major tool that was utilized in 2000 was
the MOJO. The MOJO is the most advance technology that helps manage the
workflow of online advertising. This helped revamp the online advertising
success to be the most effective form of medium. The problems of e-commerce
websites and essentially the effectiveness of online advertising was the nature
of the creation of the MOJO. At some point, a system such as the MOJO would be
invented but the difficulties that were face pushed the implementation of
the
MOJO. http://www.mediaplex.com/
The key players that put the MOJO into action was ValueClick Media, Mediaplex and website publishers. http://www.valueclickmedia.com/
"MOJO MediaDirector is an example of Mediaplex listening to the marketplace to develop a media workflow solution that truly simplifies media buying and planning for all parties involved," said Tom Vadnais, senior vice president, Mediaplex and
Commission Junction. These key contributors really took a risk in using MOJO. Although Internet advertising had made a big hit in the industry, the MOJO was something that put forth a lot of time, money, effort and support in order for it to work. These companies had to fully believe in their system as well as the future of online advertising. Living practically a decade later and seeing what an effect Internet advertising industry holds, the effort and development of the MOJO was for the best of the industry as well as these companies. http://www.thefreelibrary.com/Forbes.com+Selects+ValueClick's+Mediaplex+Ad+Management+Solution-a0103033071


Technological developments certainly helped the growth of MOJO. MOJO performs many services that can only be carries out through the use of technology. One feature of the MOJO is that it automatically updates the company’s advertisements based on the marketing and performance goals of the company. The MOJO also ranks and reports the ROI of the advertisements, which can only be determined with technological developments that were already in place before the MOJO was ever thought about. http://www.fool.com/news/quicknews/2000/quicknews000727.htm Thanks to programmers the technology was already in place, but now these advertising agencies utilized them through a different system, which dramatically helped the success of Internet advertising. The technological developments up until the year 2000 greatly helped develop the MOJO since one of the many features of the system was called MOJO mail. http://www.techagreements.com/agreementpreview.aspx?num=40373&title=Mediaplex%20%20TECHNOLOGY%20INTEGRATION%20AND%20SERVICES%20AGREEMENT

MOJO mail was greatly effective since almost every person
with access to the Internet had an email system, which they used frequently.
For those consumers who had email utilized their account everyday. Advertisers
thought this would be a great way to reach consumers directly without the risk
of them overlooking advertisements or worrying
about
the click rate.
http://biz.yahoo.com/ic/61/61188.html MOJO mail helped in ways that could
never be done without the system. MOJO mail segmented the market into different
categories based on certain demographics, which directly helped the
effectiveness of the advertisements. The weakness with the general MOJO is that
it cannot recognize the type of consumer who is on a certain website or clicking
on a particular advertisement. With MOJO mail, the system can better identify
who the target customer is and more effectively sell the product. MOJO mail can
also help the advertising agencies with narrowing the results of the system and
the advertisements to improve the ads in the future.
"The market recognizes AdForce as a leader in wireless ad
management services, and Mediaplex puts the `point of interest' in digital
marketing with its MOJO targeting capabilities," said Dee Cravens, executive
vice president of AdForce.
http://phx.corporate-ir.net/phoenix.zhtml?c=84375&p=irol-newsArticle&ID=421325
The MOJO influenced the nature of the function of advertisement in many ways such as maximizing the return on investments, measuring the campaign effectiveness, tracking responses and customizing the ads according to the needs of the consumers. http://www.clickz.com/showPage.html?page=833841
"We are proud that a leading online property such as Forbes.com has chosen the Mediaplex MOJO Publisher solution to enhance the efficiency of their business," said Scott Ray, general manager of ValueClick's Mediaplex business unit.
"We found all of this with Mediaplex's MOJO Publisher. We were impressed with MOJO Publisher's ability to provide a highly customizable solution and near real-time ad inventory management. Mediaplex has earned its stripes with us through their responsiveness and expertise, and we are excited to be working with them,” said Michael Smith, chief technology officer at Forbes.com.
The
most impressive part of the MOJO that has influenced the function of advertising
the most is the fact that the system can automatically update and react quickly
to changing solutions. Unlike traditional medium, if the direction of the
advertisement suddenly changes, Internet advertisements can be changed to more
effectively reach the target audience or the marketing goal needed.
"By combining our platform with Mediaplex's MOJO technology and AdForce's ad management solution, our demo simulates the rotation of appropriate content, advertising and e-coupons based on the changing location of a mobile wireless user at any given time," said Bill Dyer, Director of the New Ventures Group at Alcatel. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=130713
Overall, the MOJO is part of the Internet advertising system that greatly enhanced the industry to a positive and more effective way advertise to consumers needs. It revamped the industry from becoming something that was a trend to a consistent and dependable form of media.
Works Cited
About.Com:
Retail Industry. (2008, January 6). Holiday Online Retail Advertising.
Retrieved January 6, 2008, from
http://retailindustry.about.com/library/ho
liday/bl_adrel1204.htm
Internet
Ad Sales. (2008, January 6). Mojo Adserver - Mediaplex. Retrieved January 5,
2008, from
http://www.internetadsales.com/modules/wfs
ection/article.php?articleid=627
Mediaplex:
A Division of Value Click. (2008, January 6). MOJO Adserver. Retrieved
January 6, 2008, from
http://www.mediaplex.com/mojo_adv_analytic
s.shtml
Nitke, M.
(2008, January 6). First Quarter 2000 Internet Advertising Revenues Close in on
$2 Billion. Interactive Advertising Bureau. Retrieved January 6, 2008,
from
http://www.iab.net/about_the_iab/recent_pr
ess_releases/press_release_archive/press_re
lease/4371
Ryan, J. &
Whiteman, N. (2008, January 6). Internet Advertising in 2000 and Beyond.
Click Z. Retrieved January 5, 2008, from
http://www.clickz.com/showPage.html?page=8
33841
TMC Net on
the Web. (2008, January 6). Mediaplex Launches MOJO MediaDirector Media
Planning and Buying Tool; Planning and Buying Solution Increases Efficiencies
for Both Agencies and Publishers. Retrieved January 5, 2008, from
http://www.tmcnet.com/usubmit/2005/jul/116
1894.htm