New Ways to Engage Audiences with Programmatic Digital Out-of-Home Advertising
Global AdTech Company Hivestack revolutionises out-of-home advertising, introducing massive programmatic DOOH opportunities across Hong Kong and beyond.
As Asia’s world city, Hong Kong serves as an ideal testing ground for innovation. Our presence in Hong Kong allows us to take the lead and set an example for other markets in North Asia.
Billboard advertising is a long-standing advertising format, but in recent years, with the help of several AdTech innovations and digitisation of screen fronts, digital out-of-home (DOOH) advertising is experiencing rapid growth as one of the most dynamic forms of advertising. It harnesses advanced technology such as anonymised mobile-based location data to deliver more targeted advertisements, as well as support real-time reporting and measurement. To this end, advertisers are able to optimise their marketing strategies based on the campaign performance.
Founded in 2017 and headquartered in Montreal, Canada, Hivestack is a leading global independent full stack marketing technology company powering the buy and sell side of programmatic DOOH advertising. It operates in more than 30 markets across the globe. Leveraging its proprietary technology and diverse global team and partners, Hivestack made a foray into the Hong Kong market in 2021. Within a year, Hivestack expanded its DOOH inventory supply with various renowned media owners in Hong Kong, providing brands the opportunity to activate programmatic DOOH buys across different advertising spaces and media types. Its DOOH network covers digital screens in high-traffic locations. Successful collaborations with theme park, mobility service provider and global bank propel Hivestack’s North Asia operations to new heights.
Ideal Test Pad for Innovation
According to Troy Yang, Managing Director, North Asia of Hivestack, establishing the company’s regional headquarters for North Asia in Hong Kong is a key strategy to drive business growth. “As Asia’s world city, Hong Kong serves as an ideal testing ground for innovation. Our presence in Hong Kong allows us to take the lead and set an example for other markets in North Asia. The success of our operations in Hong Kong will enhance confidence among our investors and partners, playing a crucial role in our expansion efforts.”
Based in Hong Kong, Yang oversees operations in North Asia, including the Hong Kong, Mainland China, Japan, Korea, and Taiwan markets. He underscored the strategic value of Hong Kong’s central location in Asia. “Hong Kong enables closer proximity to customers across the region, and offers a business-friendly environment, favourable tax regime, and exceptional infrastructure and digital capabilities, making it an ideal choice for expanding operations,” he said.
Creating a Robust DOOH Network in North Asia
With the border reopening between Mainland China and Hong Kong, many brands are exploring effective ways to attract and connect with Mainland tourists. Hivestack has formed partnerships with several leading media owners, enabling the creation of an integrated DOOH network with over one million screens across China. Yang emphasised the strategic placement of their digital screens in high-traffic locations such as billboards, shopping malls and transportation hubs. This positioning offers brands the opportunity to enhance their customer journey and execute city and region-wide campaigns across various venues and advertising spaces.
“Hong Kong is undoubtedly a great place for entrepreneurs. Looking ahead, we will continue to leverage its potential to forge strategic partnerships and alliances with technology and media companies in both the city and the broader North Asia region,” Yang concluded.
Fast Facts
- An AdTech company that powers the buy and sell side of programmatic DOOH advertising, enabling advertisers and media networks to reach precise audiences outside the home and measure business outcomes across all stages of the sales funnel
- Founded in 2017, the company operates in more than 30 markets across the globe, including Montreal, Toronto, New York, London, Paris, Sydney, Seoul, Tokyo, Shanghai and Hong Kong
- The company partners with more than 400 media owners globally, generating 700 billion monthly impressions
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