Connected TV Performance

Performance TV advertising has shown a significant increase in exposure numbers. In 2020 alone, connected TV hours rose a staggering 81 percent, according to data collected by Nielsen.

Performance TV advertising will also target more than one specific type of age group. Viewership numbers show that although millennials make up the largest group of connected TV users, Generation Z, Generation X, and Baby Boomers are also frequent users of connected TV platforms and can be served relevant ads.

Connected TV advertising statistics are readily available to help marketers make the switch from linear TV ads to performance TV ads. Each year, ad spending for connected TV advertising has been on the rise.

Viewership numbers and measurable results have lured traditional advertisers away from linear TV options. Instead, marketers want TV performance metrics showing where their advertising dollars are going.

The goal of performance TV ads isn’t to diminish the quality of the ads being shown. In fact, most performance TV marketing efforts are professionally produced. Essentially, reporting and targeting capabilities are available more readily through connected TV.

Performance TV also expands the audience open to marketers. Streaming services have more diverse content than traditional TV channels. Through these diverse offerings, digital marketers can target niche groups that may not be available through linear TV.

Connected TV vs OTT has one significant difference. OTT stands for over-the-top. When advertisers refer to over-the-top, they are saying that programming is not accessed through a cable or satellite connection. Instead, programming is delivered through an internet connection. Although OTT devices can include connected TV advertising, the term refers to streaming content through mobile phones, tablets, laptops, and more.

Connected TV advertising companies work with brands behind the scenes to create impactful campaigns, such as Keynes Digital.

Like Keynes Digital, a connected TV company works with all the top streaming services. Examples include Hulu, HBO Max, and Peacock. Based on a target audience, Keynes relies on advanced AI to determine optimization for each ad. If an ad isn’t working on the selected space with poor CRM results, then adjustments are made to ensure only quality viewers see the connected TV ads.

Connected TV ads aren’t meant to be short-form media. The ads should also not be skippable or found on user-generated content. Connected TV ads are also known as high-quality premium inventory. Cross-device tracking is especially important when it comes to CTV ads.

Connected TV analytics are much more detailed than any other metrics from linear TV ads. Connected TV measurement will help advertisers determine the best course of action for current and future campaigns.

Impressions are normally a given in any type of CTV campaign, but marketers need more data to create performance TV ads. Along with the impressions, the total reach will state how many unique households are served a specific ad set.

Attribution tracking is among the connected TV metrics that marketers rely on. Attribution tracking will link ad viewers to conversions. The conversion could involve visiting a website, downloading an app, or making a purchase. Any of these actions would not be possible to track through linear TV ads. Most importantly, reporting will show the CPA or cost-per-action for return-on-investment purposes.

Metrics also help advertisers determine if they meet their connected TV benchmarks. For instance, a marketer may have set a budget for CPV. CPV stands for cost-per-view and will demonstrate how much the brand is spending on displaying its ads. Connected TV ads work with virtually any budget since it involves a bidding process that can be changed in real-time.

Work with a connected TV agency directly for the best results. A reputable connected TV company will help brands develop goals and provide the tools to make ad campaigns achieve proper reach. Keynes is available for brands looking to develop connected TV ads within their budget goals. To start, Keynes will offer up connected TV advertising examples.

Connected TV ad examples will show the many ways that viewers are hyper-targeted in the sector. Tracking cookies are everywhere on connected devices and let advertisers know the viewer’s typical behaviors. The data can tell advertisers significant details such as the viewer’s gender, income bracket, location, and TV-watching habits.

As an example, if a brand is advertising a workout machine, the CTV ads should be displayed to those who live an active lifestyle. The viewers may have purchased health and wellness items in the past or tend to watch fitness-themed programming.

Connected TV ad examples will show ads with targeting based on demographics, behavior, time of day, and much more. Keynes will recommend what type of targeting works best to maximize results. Contact a representative today to learn more about CTV and performance-driven ads.