We have Upfronts and Newfronts. Do we need another “front”?
Dave Morgan of Simulmedia thinks so and has launched the PeopleFront with a
presentation in NYC this past week. Morgan is one of the most respected
executives in the media data space today. His company was an early user of STB
data for targeted television marketing, which is why, when Morgan talks about a
PeopleFront, he had a full house of media executives ready to listen.
So what exactly is a People Front? Morgan explained, "We buy people not programs, which is why we developed an audience insights database platform offering data driven people- oriented TV advertising."
So what exactly is a People Front? Morgan explained, "We buy people not programs, which is why we developed an audience insights database platform offering data driven people- oriented TV advertising."
Morgan began the presentation with actors, all in the 18-49 age break, describing their various lifestyle and behavioral affinities in a way that clarifies that, while they are all 18-49, they are all very different media and marketing targets. While not especially different from lifestyle segments that have been in the industry for decades with Prizm or VALs for example, we do seem to be heading more towards a closer one-to-one targeting capability. And with the recent announcement that Nielsen and Simulmedia are partnering with to develop a measurement capability for long tail cable network measurement, the race for measurement solutions to facilitate targeting is heating up.
As part of the program, Jack Myers hosted a panel consisting
of content buyers and sellers as well as Simulmedia and Nielsen
representatives. Leading off was Nielsen’s Steve Hasker who outlined Nielsen’s
key priorities. Hasker said that one of the key priorities was “Working with
Simulmedia and putting Nielsen ratings with Dave’s analytics and STB data”
admitting that “we have some work to do in local.”
There is the opinion that with Nielsen, innovation often
comes in response to perceived competitor initiatives. Myers spoke for many in
the audience when he asked, “Nielsen’s history is that it doesn't move forward.
How do we know that Nielsen is moving forward (in people measurement
innovation)?” Hasker responded that “Nielsen
has and the privilege of being considers currency by the buyers and sellers. We
can't just wake up one morning and say that we are going to change the metric. We
have a methodical process to go through. Our clients say they want to get
beyond demographics. We have our own sets of products that get beyond datasets.
One true thing about using age and gender is that it is true of the population.
Advertisers want specific people but there is value of age and gender in the
mix. We must make sure that all of the data that we have is made available to
those who want to add its secret sauce.” All this caution is great except the industry
appears to be moving faster and impatience among the clients is growing. As
Campbell Soup Company’s Yin Woon Rani said, “Nielsen is taking input from
clients but there is a big learning bell curve.”
In the client sector, interested in People Front audience targeting is keen. Rani explained, “We have a lot of small audiences making up that soup franchise and we use STB data to have our creative delivered to more specific target. It is a pragmatic use of the data. We create a message with that person in mind. So the core focus of why this (People Front approach) is valuable is that we cultivate segments but then have to buy our media on age gender. Now you can marry content creative choices with media choices.” Mark Kaline, formerly of Kimberly Clark added, “We are all interested in measuring outcomes. If we can get to individuals and people targets, you can get more clarity and provide effectiveness.”
The research portion of the panel included Discovery’s Sharon O’Sullivan, Turner’s Howard Shimmel and Simulmedia’s John Piccone. All of these executives are involved in finding measurement solutions through big data sets. O’Sullivan noted that there are now “many data sources. Every client wants something different. Some want TRA. Some want Rentrak. Simulmedia has wealth of data. It is refreshing not to have to sell something with a standard mix.” Myers noted that research has historically been a staff area but there is a new movement afoot as Shimmel explained, “We are trying to evolve research away from being a cost center. We target using all these datasets. Recent tests we have done using data to optimize a client’s mix resulted in a 10-30% increase in grps.”
In the client sector, interested in People Front audience targeting is keen. Rani explained, “We have a lot of small audiences making up that soup franchise and we use STB data to have our creative delivered to more specific target. It is a pragmatic use of the data. We create a message with that person in mind. So the core focus of why this (People Front approach) is valuable is that we cultivate segments but then have to buy our media on age gender. Now you can marry content creative choices with media choices.” Mark Kaline, formerly of Kimberly Clark added, “We are all interested in measuring outcomes. If we can get to individuals and people targets, you can get more clarity and provide effectiveness.”
The research portion of the panel included Discovery’s Sharon O’Sullivan, Turner’s Howard Shimmel and Simulmedia’s John Piccone. All of these executives are involved in finding measurement solutions through big data sets. O’Sullivan noted that there are now “many data sources. Every client wants something different. Some want TRA. Some want Rentrak. Simulmedia has wealth of data. It is refreshing not to have to sell something with a standard mix.” Myers noted that research has historically been a staff area but there is a new movement afoot as Shimmel explained, “We are trying to evolve research away from being a cost center. We target using all these datasets. Recent tests we have done using data to optimize a client’s mix resulted in a 10-30% increase in grps.”
The march towards better consumer targeting, whether as part
of a PeopleFront or through some other
codified industry movement, might finally lead to welcomed a readjustment of
audience valuation. Shimmel noted that “CPMs for W18-49 could be $10 but for
heavy soup eaters it could be $50.” And for those of us in a certain less
desirable age group, Jack Myers spoke for many, “I am “55+ and by most measurement
targets I am irrelevant. But my spending is not.” I hear you, Jack.
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