Viewability
is a challenge for many forms of visual media. How do we really know if a piece
of content is seen? “IPG recognized that the industry had never effectively
measured TV viewability,” explained Luke McGuinness, President of TVision. “Ads
are bought and sold on the assumption of 100% viewability - but that assumption
is false.” He should know since his company tracks a range of television
consumption behavior.
IPG MAGNA
recently released a TV Viewability study using TVision data. The study noted
that regardless of device, viewability indicates whether an ad has the
opportunity to be seen but it does not guarantee that a viewer has actually
seen the ad or whether that ad is effective. The difference between digital and
TV viewability is that with digital, the consumer is present, but not all
served ads appear on the screen. With TV all ads appear on the screen, but the
consumer may or may not be present.
In this
interview, McGuinness discusses the study, its genus and its future.
Charlene
Weisler: What prompted the study?
Luke
McGuinness: More than $59 billion will be spent on TV ads in 2019, without
knowing if the ads are viewable. IPG sought to quantify TV viewability so that
TV advertising could be measured in a manner similar to digital.
Weisler:
What are its implications?
McGuinness: The
study from IPG Media Labs, using TVision data, found that 29% of all TV ads are
not viewable. That means they air to an empty room. When we think about the $59
billion (or more depending on the source), ads that air to an empty room are
costing advertisers quite a large sum. By evaluating TV for viewability,
advertisers can determine what is working, what is not, and optimize for better
performance, and therefore substantially reduce ad waste.
Weisler:
Please give me an overview of the methodology.
McGuinness: IPG
reviewed 6 months of TVision data, tracking 5,388 individuals in a nationally
representative panel, tracking 39,464 hours of ads for households, 2,992,414
unique ads, 5,961,757 impressions, persons 2+ and C3. Programming and ads were captured
via ACR (automatic content recognition). Participants opted to install TV
viewability detection technology in their household. Viewability and attention
were measured by using computer vision algorithms.
Weisler:
Would you say that the results show that TV and digital are comparable in
delivering ad messaging? What are the differences that you found?
McGuinness: The
fact that the size of the Viewability issue for TV very closely mirrors digital
video shows that the two face similar (29% for TV; 31% for digital video)
challenges in delivering ad messaging, but there are some natural differences
in viewability for TV and digital. And these differences are rooted in the fact
that digital video on PC and mobile are inherently different experiences. With
digital, it is presumed that the consumer is there because of the nature of the
medium. Someone just clicked to watch a video. As we all know, TV is very
different. People leave the room or even leave the home with the TV on.
Advertisers
measure digital viewability as they do not want to invest in ads that do not
have the opportunity to be seen. The way we measure viewability for TV delivers
the same value proposition - investing in an ad strategy that will deliver an
opportunity for people to see the ads. The methodology is different, given that
are different mediums, but the value proposition is consistent.
Weisler:
What is your recommended course of action to improve ad delivery and
consumption?
McGuinness: TV’s
viewability challenge lacks uniformity. It is not limited to specific networks,
times of day, programs or content types. While viewability varies across
industries, no advertiser is immune. Every brand can improve their return on ad
spend with this data. The best step forward for brands is to measure what’s
working or not for their historical TV advertising, benchmark versus
competitors’ performance, plan a more effective strategy along with their
existing planning tools, and measure and optimize on an ongoing basis. By using
TVision viewability and attention data, combined with other data such as cost
and ratings data, brands can identify higher performing opportunities. For
example, the study suggests that brands can find value by buying ad spots
outside of prime, and outside of the first spot in the pod.
Weisler:
What about pod position?
McGuinness:
In general, the first position in an ad pod may not be worth a premium. Ads
appearing first in a pod had 72.2% viewability. Ads in the middle of the pod
had 70.3% and those at the end of the pod had 69.9%. Longer ads have higher
viewability but doubling the length of an ad does not double the viewability,
so the cost of longer ads must be considered.
Weisler:
What are next steps?
McGuinness: The
immediate next steps are for advertisers and networks to incorporate
viewability into their ad buying and selling - and many have already started to
do so. They can do this by analyzing their historical performance for
viewability, analyzing their competitors’ performance, and learning from
that. Additionally they’re leveraging
broader planning data from TVision to best optimize their campaigns and they
are now measuring their specific performance on an ongoing basis.
This article first appeared in www.Mediapost.com
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