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ATOM

Attention to Marketing (ATOM): Application of eye-tracking to the online market for advertising

Total Cost €

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EC-Contrib. €

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Partnership

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Project "ATOM" data sheet

The following table provides information about the project.

Coordinator
LUMEN RESEARCH LIMITED 

Organization address
address: UNIT 215 22 HIGHBURY GROVE
city: London
postcode: N5 2EF
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://www.lumen-research.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-07-01   to  2015-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LUMEN RESEARCH LIMITED UK (London) coordinator 50˙000.00

Map

 Project objective

In the 19th century John Wanamaker quipped that “half the money I spend on advertising is wasted; the trouble is I don’t know which half”. For advertisers in the 21st century the situation has become much worse; up to 98% of click-throughs may actually be from “bots” rather than real people, and only 44% of page impressions even appear on people’s screens. As a result, the €500m global advertising market is highly inefficient; advertisers are buying blindfold and publishers of genuinely engaging content are undervalued as the bad drives out the good. The ATOM project will address these problems by using eye tracking to accurately measure whether ads actually get seen, by whom, and for how long, enabling market participants to trade the asset they are really interested in – people’s attention.

The project will assess the technical feasibility and potential value of various routes to market that arise from scaling Lumen’s existing in-home eye-tracking platform, LUCIAR. LUCIAR collects and analyses eye-tracking data from small panels for testing and optimising the design of advertising. Scaling LUCIAR will provide robust, real-time data on attention to advertising down the long-tail of inventory, with applications in (i) monitoring the attention advertisers are achieving among specific audiences, (ii) valuing publisher’s inventory and the contribution of content providers, and (iii) “programmatic” algorithmic media buying.

Europe is well placed to lead this disruption of the advertising industry. The world’s leading eye-tracking hardware companies are based in Europe (Tobii in Sweden; SMI in Germany; EyeTribe in Denmark) and London is a major global locus and leading market in new innovations for the advertising industry. Through the application of eye-tracking technology there is massive potential for European companies to transform the global advertising market.

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The information about "ATOM" are provided by the European Opendata Portal: CORDIS opendata.

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