Dave Morgan, CEO Simulmedia, made headlines
recently when he resigned from the board of the ARF, citing the need for
bolder action in fixing ad measurement. According to Morgan, “We do
not have a trusted way to measure the basics of impression reach and
frequency across channels, even just the big media channels like linear
TV, digital banners, digital video and radio.”
He shares his views on the state of the industry, its challenges and opportunities, to help clarify this position:
Charlene Weisler: I know your decision sparked a lot of industry discussion. What is holding us back in measurement?
Dave Morgan: It’s not because we lack the technology
to do it. It’s because many lack the will to lead and drive it. The
industry has sat back and let the Google and Facebook own the
measurement and attribution stage and claim virtually all of the overall
ad industry’s growth.
Weisler: How has the media landscape changed since you first launched Simulmedia?
Dave Morgan: A lot has changed, particularly in the
world of video. Television didn’t go away – more people watch more live
linear TV than in 2009 – but the viewing is much, much more fragmented
across many more channels, programs, day-parts and devices. Plus we’ve
seen a dramatic increase in streaming video viewing, most of it on
connected TV’s, though only a small portion of it with ads. While
digital video advertising has been a darling of the buying community for
much of the past ten years, many of the advertisers have come to
realize that it’s also fraught with problematic measurement, a lot of
unsuitable content and way too much outright fraud. This is now driving a
lot of large national advertisers to reevaluate TV, particularly now
that there are platforms like ours that bring digital, audience
approaches to TV ad targeting, activation and optimization.
Weisler: What are the major challenges that you face?
Morgan: Education. Industry trades, press releases
and conference stages are loaded with a never-ending swirl of bright,
shiny objects and acronyms-of-the-month, creating confusion and sowing
too much misinformation.
Weisler: What is the current state of addressable advertising?
Morgan: Addressable advertising on TV is beginning
to have its moment. While it will always lack the scale, quick impact
and efficiency of data-optimized linear buys, it is becoming a powerful
complement to more conventional linear and data-optimized buys and OTT
ad buys.
Weisler: What is the current state of attribution?
Morgan: Attribution needs a lot of help. Walled
Gardens like Google and Facebook have stolen the march by building
strong, though naturally biased solutions of their own and working
tirelessly to promote and educate their capabilities. We need more
aggressive leadership here, and in advertising measurement generally, by
the advertisers themselves. I am hopeful that the recent efforts of the
Association of National Advertisers in this area will make a real
impact.
Weisler: What do you think the media landscape will look like three years from now?
Morgan: In 2022, we’ll still see 80% of the premium
video ad load on linear TV, but most video campaigns will be much better
coordinated across linear TV and OTT and we’ll see a real resurgence
and growth regional, mid-sized agencies as they begin to leverage
software, data and superior client service and strategy to manage
national media as well or better than large holding company agencies.
This article first appeared in Cynopsis.
No comments:
Post a Comment