How do you compete with all of the other consumer controlled
devices and content in the media ecosystem today? What can a company do to set
itself apart and demonstrate the value of their own unique customer base?
Screenvision believes that it has the answer.
At their recent upfront
presentation, Katy Loria, Screenvision’s EVP National Ad Sales announced the
launch of Project Lynx which takes data from suppliers such as Kantar and SITO
mobile and combines it with Nielsen’s Cinema research to track consumer behavior
in and beyond their cinema experience.
Coming off from a bruising and unsuccessful acquisition play
from National CineMedia, Screenvision announced that it has rebounded, is fully
staffed and is ready for business. John McCauley, SVP Strategic Alliances said,
“We remain focused on our strategy, and as a result, our Upfront bookings are
ahead of a year ago. We continue to focus on bringing maximum impact and
creative solutions to our advertisers to bolster their video-centric media
plans by allocating incremental budget to cinema.” The company has set its
sights on establishing a unique sales position using research as the crucible.
In announcing Project Lynx, Screenvision seeks to place itself squarely in the
big data / DMP space for sales purposes.
Unlike other media, cinema has a captive audience. CEO Travis
Reid, who recently left the company, explained, “Cinema is an immersive
environment where you cannot escape. The screens are large – 40 feet – it is
dark and the seats are bolted down.” It also seems to be to be less distracting
- you are asked to turn off your devices when you are in the theater so there
is limited multitasking. The challenge is how to accurately capture who is
really in the seats and how impactful the environment is for message recall and
call-to-action. Project Lynx, in combination with other research that
Screenvision collects, is designed to address these questions.
According to Loria, “Project Lynx includes geo-fencing and
beacons.” How this works remains to be seen but the basics from their press
release states that SITO Mobile will collect information on movie goers through
its geo-fencing mobile data management platform. Screenvision will use this combined data to
develop insights that further reinforce precision on-screen targeting, as well
as use SITO’s technology to enable advertisers to extend engagement with
moviegoers by retargeting messaging to their devices once they leave the
theater.
Screenvision also has other proprietary research
capabilities, including audience targeting that matches movies to audiences
based on titles, not solely to MPAA ratings. This is done through precision
targeting using Nielsen Cinema Audience Report and Screenvision’s own campaign
management system. McCauley explained, “Our research indicates that when ads
are combined with content in our preshow, there is a great increase in key
brand measures like purchase intent, likability and ad recall.”
“Advertisers today find it increasingly difficult to break
through and reach their desired target. Between fragmentation, an oversupply of
inventory and dwindling audiences, success can no longer be measured by
impressions,” said Loria. “Impact is the new currency, and Screenvision has the
right audience, environment, platform, and content to provide the highest
impact for brand messaging in the industry.”
The article first appeared in www.DigitalCinemaReport.com
The article first appeared in www.DigitalCinemaReport.com
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