Imagine a social platform, dedicated entirely to motoring; a digital media platform balancing enthusiast and professionally provided content. The idea is far from revolutionary, however, if accomplished on a large scale it will certainly play an influential role in the online advertising of vehicles.
Never has a startup received such substantial backing from such reputable individuals in its early formation. DriveTribe has received funding from not only notable entrepreneurs but also has backing by the ex-Top Gear trio, Clarkson, May and Hammond.
“The site plans to build an engine to send content that will specifically target the disparate communities that make up car fans — from petrol heads to classic car aficionados. A versioning engine and multi-variate testing system will trial ‘hundreds of different versions’ of content on different segments of users, defined by age, gender, location and interests, with ‘optimal matches’ pushed directly to peoples’ social timelines through Facebook, Instagram, Twitter, Snapchat, etc. There will, of course, be iOS and Android apps, as well.”
After receiving my invite just prior to public launch, I spent some time poking around the app. What at first seemed to be little more than Instagram dedicated entirely to vehicles, soon led to a realization of the platforms marketing potential. Essentially, DriveTribe will allow a new sort of content targeting engine to emerge as individuals will be providing direct automotive related information. Information which will be aggregated much like Facebook and will allow automotive advertisers to target look-a-like crowds and distinct individuals according to group information and interests provided.
It seems fitting that this new site will segment users into separate tribes. As “Tribe” marketing has become a norm in the digital age, rapidly updated real time information provides the ability for advertisers to display highly pertinent ads to targeted online social communities.
To make money, the startup doesn’t plan to pursue traditional online display advertising. Instead, the object is to go after native advertising, or branded advertising, similar to what Vice Media does, said Mr. Schmitt.
“I think that is the way that advertising is going. I have a lot of car advertisers coming to us,” he said. “It allows them to target their advertising.”