This is the fifth in a series of articles on the various
data solutions for television measurement being offered by data companies in
the industry. In Parts One through Four, participants answered questions
regarding their data business model and on their data attributes. Now in Part
Five we explore some of the challenges to the television data measurement
business.
My Take: Entrenched attitudes are, in my opinion, the
biggest hurdle to overcoming the shortcomings of television measurement. As
long as we continue to forecast on current metrics, change will be slow and
painful. Yet, the fragmentation of the television environment and the looming
prospect of programmatic TV may push us to change faster, finding and agreeing
to solutions to current challenges. The demands of the marketplace might be the
engine of needed change sooner than later.
Question
5: What are some of the challenges you see in the television measurement world
today? How can these challenges be solved?
Bill Feininger, President
FourthWall Media: Television
audience measurement today is measured by panels that determine the total
audience. As the industry moves
one-to-one marketing, small representatives are challenged to serve this
changing world. Measuring every
household and eventually every individual is essential in providing marketers
and advertisers that direct connection to consumers, so set top box measurement
is a step along the way to providing the industry the breathe of data that is
necessary.
Frank Foster, SVP
General Manager, TiVo Research and Analytics (TRA): Sample
size is the clearest change that needs to be made to make TV measurement more
effective. The proliferation of both distribution channels and content means we
have to reevaluate the way we count viewers. To compound basic measurement
challenges, advertisers are demanding the audience targeting and outcome based
metrics they’ve grown accustomed to in digital. The current sample sizes need
to increase by two orders of magnitude to account for these new behaviors and
give advertisers the behavioral and psychographic information they need. A
bigger sample size necessitates single-source data on a massive scale for
advertisers to determine cross-platform media mix and creative effectiveness.
Linking data from these disparate sources will continue to be a challenge.
Mainak Mazumdar Chief Science
Officer,Simulmedia: Challenges:
Small sample sizes trying to measure the increasingly fragmented TV viewing
landscape. Long-tail is not measured. OTT is excluded. Standard TV media metrics (GRPs and target
demos) do not correlate to ROI, the metric that marketers are really most
interested in. There is also a lack of
innovation in incorporating census level data (e.g STB) with panels. Potential
solution: While reach is important, measurement should focus on ROI and sales
impact of TV ads – the metric that really drives a marketer’s business. Data is
now making this possible in the world of TV. Expand measurement footprint by
incorporating STB and OTT into standard measurement methods.
Charles
Buchwalter, President and CEO Symphony Advanced Media: Today’s single
biggest market issue is that the significant developments in viewing media
beyond Live+7 are not being tracked by an objective, 3rd party firm. The
Symphony Advanced Media VideoPulse offering not only tracks Live, DVR to 7
days, and VOD to 3 days for all programs/episodes in the US, but also tracks
OTT, DVR beyond 7 days and VOD beyond 3 days.
Kelly
Abcarian, Senior Vice President, Watch Product Architecture, Nielsen: Consumer choice is driving how content is viewed
and it is fundamentally changing the business of TV, advertising and
measurement. Rapid technological change has forever altered the way that
content is distributed and consumed, creating new challenges for measuring
audiences across new platforms and screens. It is quite clear that our clients
are rethinking the way they access and use data. As they collect terabytes of
information on their customers, they want a way to connect the dots between
what they know about a customer (and potential) customer to what other
companies know; and, they want a clear way to engage with each person in the
right way and at the right time. Our Total Audience framework, represents
the next step in the evolution of TV ratings by reporting the total audience –
across digital and linear – for a TV program or ad campaign in a consistent and
comparable way. As has always been the case, the industry can choose how
to transact business, based on the flexibility that comprehensive, Total
Audience measurement allows. In addition to total “ratings” – audiences by
age/gender – we are also enabling analytics across the thousands of audience
segments that are available in the audience-based, programmatic
ecosystem. This is where our acquisition of eXelate enables us to tie together
Nielsen’s media consumption data together with eXelate’s audience data (over
10,000 segments) to provide unparalleled consumer insights for an
audience-based world.
Eric Schmitt, Executive Vice President, Communications, TV and Media. Allant: Advertisers
are shifting dollars to more precise audience-based buying techniques, but
measurement is lagging. A principal challenge is the verification of de-duplicated
segment-level campaign reach/frequency across media and platforms.
Related challenges include the need for more automated proposal and execution
processes (shorter cycle times), the normalization of segment definitions
across TV and online and an advertiser’s ability to scale advanced ad
techniques across multiple ad sellers and inventory types. The
Audience Interconnect® solves these challenges by providing a system of record
for audience segments (household level counts in seconds, not days), coupled to
cross-media campaign execution (national and spot linear, addressable, VOD and
online) , and standardized impressions measurement and projections on the back
end.
Cathy Hetzel, Rentrak Corporate
President: Rentrak is very excited about the business climate over the next
several years. We see cross-platform measurement as the opportunity ahead.
While today we are able to measure multiple platforms, we are working hard
toward providing cross-platform intelligence including unduplicated reach and
frequency using new data sources to connect the dots. Rentrak is at the center
of these advanced advertising models and is the only company prepared to
measure TV Everywhere at the required scale. We see international expansion as
a key opportunity for growth. We believe the regulatory environment is
favorable for creating jobs and supporting local content, and only with
census-based measurement can long-tail networks exist profitably. We highly
value consumer privacy and have developed privacy compliant methods to create
targets from aggregated anonymous data that are needed to drive advertising
models. The days of the not-for-profit Joint Industry Group (JIG) are over as
MVPDs should earn revenue for contributing their data for industry.
Joan FitzGerald Senior Vice
President, Television and Cross Media Service, comScore: The most pressing challenge in
the television measurement world today is that television viewing has ‘escaped’
the television set and needs to be measured across all platforms – MVPD, DVR,
SVOD and devices such as smartphones, tablets and OTT. comScore recently introduced Xmedia, which is
the industry’s first syndicated measurement of combined TV and digital
audiences. We created Xmedia because our clients have told us that they need
solutions now that will help them measure the complexities that come along with
the ever-changing way that people are consuming content thanks to the digital
world. With better data and technology, linear TV along with Total Video in all
of its forms can be measured for the benefit of both buyers and sellers.
Leslie Wood, Nielsen
Catalina Solutions: This is a question that someone at
Nielsen should answer. They work on this all the time. Because I am focused on
the effects of advertising, I don’t need a total audience number. The industry
knows we are missing pieces. I am less concerned because I look at consumer
groups for a product or a category. The world is changing incredibly quickly.
There are new ways of consuming media. How do we define TV? If you see a
program on the internet is it TV or is it digital? I leave that to others and
take the benefit from what they have done.
This article first appeared in www.MediaBizBloggers.com
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