PROOH enables payments towards buying billboards on the basis of Target Audience Impressions Delivered and not on Traditional “Fixed Rental” basis
31 March, 2023
Singapore-based Avyan Holdings has announced a joint venture with Delhi based All About Outdoor Group to create PROOH Technologies.
PROOH's layers geospatial data, Road Traffic Data and Audience Profile Data to help discover various OOH locations where Target audience coverage would be highest and further enable selection of the media site from all available options basis visibility index. Captivatingly, PROOH enables payments towards buying billboards on the basis of Target Audience Impressions Delivered and not on Traditional “Fixed Rental” basis.
Commenting on the launch, Ankur Rastogi says, "In an era dominated by conversations on Audience measurement & ROI in OOH, PROOH enables a clear unobstructed view on what's working and what isn't. “One of my key strategic goals is to motivate brands for investing in Audience Buy instead of Billboard Buy based on dependable data, analytics, and other predictive parameters to make the right decisions and control ad-wastage. and finally, enhance active and consistent adoption of OOH in Media campaigns around the year and not restrict OOH just for product launches."
“While the OOH industry has seen a lot of innovations in formats and creativity, PROOH is the disruption that brings the much-needed innovation in ROI for outdoor. We see our data led model as fully scalable and hope to export this in ASEAN as a service. We needed a passionate and maverick partner with an obsession and proven capabilities and are delighted to have found one in Ankur and AAO Group,” shares Vishnu Mohan, Founder and Chairman of Avyan Holdings.
Partha Sinha, President at The Times of India Group and President of The Advertising Club, who is on PROOH's advisory board adds, "The disruption in transparency and accountability in OOH was long due and I am pleased to have mentored and seen PROOH take the lead and kick it off in a market where 97 per cent of the sites are still static displays."
PROOH’S operations shall be spearheaded by Anuj Bhandari, CEO- All About Outdoor leading critical business areas of Technology, Sales & Expansion across INDIA and South East Asia.
Bhandari has earlier led the Asset Operations of AAO since 2015 and Managing PROOH’S OOH Media Ad-Network Business is a natural progression of his skill sets.
Your e-mail information will not be shared with anyone else. And it will be used only to send out our latest news.
BW Communities is an array of business news websites targeted towards niche communities and readers across various industries