EXECUTIVE SUMMARY
It is simple to say that the media landscape has changed during
the pandemic but, truthfully, media has had a robust history of change,
transformation and adaption. This is why the annual Cynopsis Measurement
and Data conference remains so pivotal and relevant, as experts meet
and discuss a range of vital subjects. As it was last year, the 2021
conference was virtual. Cynopsis would like to thank our sponsors, who
helped make this year’s conference successful: a4 Advertising,
AppScience, Conviva, DISQO, EDO, iSpot.tv, Kochava, Matrix, Media Ad
Sales Council, New York Interconnect, Nielsen, Premion, TEGNA, TiVo,
VAB, and Vevo.
TUESDAY, JUNE 15
The Art of Combining Data Sets
With all of the disparate data sets currently available to
marketers and researchers, what are the best practices to normalize and
merge them? Data expert Craig Berkley, whose background included stints
at Charter and Mastercard, moderated a panel with panelists Anthony
Iaffaldano, VP, Head of Global B2B Marketing and Insights, Fandom and
Lisa Giacosa, President & Global Head of Data, Technology, Analytics
and Insights, Spark Foundry. All three understood the out-sized role of
data in business today with a plethora of datasets from first to third
party. But how can these often disparate datasets best be merged for
accuracy and insights?
For both Iaffaldano and Giacosa, the answer lies in owning their
own first party data and combining that data with other sets with
contextual data, both first and third party, to gain further insights.
Iaffaldano’s company, Fandom, is a data centered business that
powers 250,000 fan wikis which, as he explained, “are interesting ways
to segment and build targets.” Fandom gathers their own first party data
like traffic to their different communities. “We can find fans wherever
they are and find interest. General interest data like interest in a
car to help maximize sponsorships, Interest and transaction to see
consumers at the end point.”
For Giacosa, an acquisition of a data powered company like Epsilon
facilitates the, “understanding of those human beings behind the data.
Who they are and how they transact. How people shop, behave, interacting
with brands how they feel. Take all the data and build the big picture.
Close the loop and measure as well.”
But, Berkley asked, “how to combine? What data sets do you add?”
Giacosa responded, “It depends on the objective for the business
campaign. That influences the data set we use. If we have first party
data, we can match it back. We look at contextual data such as Amazon
and Google and third party data that enables us to understand purchase
intent.”
Iaffaldano agreed. “We work with clients with different data
needs. It helps to start with scale. We bring in external sources.” He
explained that in the entertainment genre, Fandom does a good job of
drilling down because of the compatibility of the data sets. For other
categories, they seek other deterministic sources. “That is where the
art of the data science comes into play. Pushing folks down the funnel
to get to highly relevant customers is always the goal. How much more
valuable is it that we can reach fans in movies and put butts in seats.
It’s driven by client demand and where we have the biggest impact,” he
concluded.
Having specific datasets is essential, such as location data, an
area that is still in need of improvement. In addition it is essential
to have, as Berkley pointed out, “A commercial graph or on-boarder to
connect A and B as well as a clean environment to analyze the dataset.”
Iaffaldano noted that Fandom, “Experimented with clean rooms, but it
only makes sense if there is a longer term use case investment.”
Creating a clean room is expensive. “We are working on a clean
room integration now for a video game publisher. But these are few and
far between.” Giacosa added, “It starts with identification and
resolution. We work with fully fledged clean rooms and everything in
between. What is the business objective you are trying to achieve? We
also work with open source platforms but with IOS 14.6 we are starting
to see different challenges.”
Cost, for Giacosa, is a critical piece. “Is the juice worth the
squeeze?” she asked. “Is that $10 incremental worth it? When we apply
this, does it deliver? If so, great. Then it can become a self-funding
machine.” One needs to consider, “How many data sources there are and
how we need collaboration and integration. We need to make sure it pays
off in ROI to clients.”
High Anxiety: Why you need outcome measurement for Convergent TV
Cynopsis’ Lynn Leahey engaged in a one-on-one discussion with
Kevin Krim, CEO, EDO, regarding the importance of deep funnel
measurement for television. EDO is a data science company with software
and automated push reporting for convergent TV advertising. “TV
landscape is at a watershed moment,” Krim began. “There is fear and
doubt.” His company defines convergent TV as any service that offers
premium TV quality programming with non-skippable ads. That includes a
range of platforms such as national, addressable and AVOD. All of which
are “not short form with skippable video,” he noted.
Television in all of its forms is a, “$214 billion ad marketplace.
The landscape is complex and hard to visualize,” he stated, so, “you
need a partner like EDO to understand the TV landscape. It’s supply and
demand. Viewers are adopting non-linear TV in droves. TV monthly usage
is below 40% of time spent recently (where the time) goes to mostly
non-add supported video like Netflix. Non-linear TV supply is scarce and
small supply and is nearly sold out. It is a high anxiety moment that
brands are facing. They are trading more affordable linear TV with its
reach for non-liner.”
It is important, Krim explained, for television to demonstrate
their value and justify their high CPMs. “My CMO friends are being
exposed. What do you do? Show your performance,” he advised, explaining
that, “Owners of the most valuable inventory should get the full credit
for the value they are delivering.” In the case of a company like CNBC,
which attracted a desirable audience that did not fit neatly into the
age/gender constraints of the Nielsen currency, he revealed that, “CNBC
abandoned Nielsen and sold our business inventory on non-guarantee
basis.”
It is vital that all exigent factors be taken into account when
assessing the success of a campaign. Take, for example, the re-launch of
Volkswagon’s Jetta that coincided with the 2018 World Cup. “We were
working with Fox sports and Volkswagen and signed up with a big
sponsorship for the World Cup,” he explained. “The campaign ran and EDO
was able to show real time performance. But sales data declined. We
asked why. It turns out that the factories fell behind in production.
There were no sales because there was no inventory. Sometimes other
issues are the reason for the results. Don’t get graded on the wrong
metrics for your success,” he strongly advised.
All in all, “Expect more from your TV metrics. You can expect real
economic value from your TV inventory buy. Begin by monitoring your
campaign in real time. Don’t take it for granted that things in the past
can predict the future. We can expect that now with the type of data
quality we have. And we can expect more. We can plan media campaigns
with 90% confidence,” he advised.
Automating the Ad Buy
How can marketers and sellers create a more fluid and automatic
advertising process through the media ecosystem? Mark Gorman, CEO,
Matrix, explained how his company streamlines self-serve inventory ad
buys. “The cold truth is that advertising spend continues to increase
but our share of the pie is decreasing,” he warned. “Google, Facebook,
Amazon etc., accounted for over 50% of all ad spend.” Google, he noted,
had $146.9 billion ad revenues. These companies offer an ease of
purchase with little government regulation.
So what are the four obstacles to increasing the share of the ad pie for television?
1. Infrastructure, consisting of content
delivery systems and technology, is, “a massive pain point.” He noted
that, “Content delivery systems have exploded. The way ads are delivered
on these systems have different technologies with different ecosystems.
Some are old and antiquated. Some are incredibly modern. None of these
systems work together and none talk together.”
2. Standardization of measurement. There
is a need to change and have conversations regarding impressions by
finding a human solution. Gorman recommends, “Talking about outcomes
based sales instead of impressions. Advertisers care about outcomes.”
3. Agree on business rules of buy and sell. “Look at how ads are bought and sold and how demand comes in,” he stated.
4. Technology that underlies sales
process. “We need systems to create a better sales system,” Gorman
explained. “Today there are disparate systems with no coordination.”
Best Use Cases for Multi-Platform Measurement
A continuing hot topic for the industry is the challenge of
cross-platform measurement. Jane Clarke, CEO, Managing Director, CIMM,
has been spearheading this issue for many years. Her panel brought
George Musi, EVP and Chief Executive Officer, FCBHealth, IPG, Rob
Jayson, EVP, Insights & Analytics at USIM, Helen Lum, EVP, App
Science and Mariel Estrada, VP, Cross-Platform Measurement &
Strategy, WarnerMedia together to share their best practices and success
stories.
Clarke opened up the panel by setting the landscape. “There are
quite a few ways that different parts of the media ecosystem look at the
multi-platform measurement challenge,” she began. “It’s because of this
that both the buy and sell side of the industry are developing
proprietary data and tech stacks, and proprietary measurement tools and
techniques, to address their particular challenge.”
How are agencies managing this overall challenge for their
clients? For Jayson, “We have basically moved back from attempting to
find total unduplicated reach across all platforms that we are placing
media on for our clients because it doesn’t seem feasible at the moment.
And our source of truth has become sales which, in the end, whether its
sales or website traffic or app downloads – whatever the client’s
ultimate goal is – we have to start with a source of truth and that is
what we work to.”
Musi noted that agencies have been, “Dealing with this ‘issue
slash opportunity’ for a long time. The ‘ask’ hasn’t changed, the
parameters have. People invest money in marketing that drives sales.
They have to do it through many mechanisms. One of those mechanisms is
actually getting people to think, feel, do and behave the way we want
them to behave. In that construct there are a lot of things that we
measure so that we can actually recalibrate.” Clients need to understand
the necessity of repetition and reinforcement to better understand the
behavior.
On the programming content side, Estrada noted that WarnerMedia
has had significant user growth on their platforms, employing contextual
targeting and cross platform attribution and leveraging datasets to see
how they can best diversify solutions. “Our biggest priority,” she
added, “is identity and first party data. We have a plethora of direct
consumer relationships with multiple touchpoints … The launch of HBO Max
with ads will help us grow our authenticated user base and give use
granular insights.”
Lum’s company, App Science, focuses on the new video platforms of
CTV/OTT and as such, she is focused on solving for all of the issues
that previous panelists described. Embarking on a major ad campaign and
using multiple partners, “Duplication becomes an issue,” she explained.
“Ninety percent of CTV inventory can be accessed by anyone. We are
constantly hearing from our clients concerns around transparency,
duplication, over saturation, these fragmented reports that provide post
campaign that is not as actionable. We wanted to help brands by
building a real-time agnostic report that provides insights across all
of the streaming platforms and be able to provide actual insights to
help identify where they are duplicating their spending.”
As Clarke concluded, “We still haven’t solved the problem. There
is still a lot of testing and learning left to do. But there is progress
being made.”
Why OTT Ad Dollars are Wasted Without Knowing Incremental Reach & Frequency
Jen Russell, VP Head of East Sales, Gamut (Cox Media Group) and
Stuart Schwartzapfel, SVP Media Partnerships, iSpot.tv shared the
spotlight to discuss the importance of measuring incremental reach and
frequency so that OTT ad dollar spend is maximized and not wasted.
Gamut and iSpot.tv cultivated a partnership over the past year.
For Russell, Gamut, “Competes with our products and wins with people,
our partners and clients by delivering proven impact for our partners.
With our partnership with iSpot, we are not grading our own homework.
With our partnerships we always are delivering on incrementality and
it’s seamless. And it proves out what we always say, show, don’t tell.”
Schwartzapfel shared that, “We looked across our one hundred
unified clients in iSpot who we track CTV for and found that about 27%
of total viewership for OTT in our panel was from streaming platforms.
But conversely, total number of ad impressions delivered streaming
platforms made up about 5% so the amount of ad impressions being
delivered are out of whack considering how much content is being
consumed.”
iSpot.tv demonstrated the benefits of investing in OTT. “It’s all
about incrementality and how you slice it,” stated Schwartzapfel. The
results from all the campaigns iSpot launched with Gamut were the
delivery of $2.2b impressions, 400+ unique advertisers and 3104
campaigns.
Attribution – Where Are We Now?
If there is one subject that has continued to challenge marketers,
it is attribution. While there is no standard industry solution at this
time, great strides have been made in the last couple of years. On this
panel, moderator Paul Donato, Chief Research Officer, The ARF joined
with panelists Jessica Daigle, VP, Sales Intelligence Tegna, John
Vilade, VP, Head of Sales Premion and Sunil Soman, Senior Director
Custom Research, WarnerMedia to discuss some of the new techniques and
systems for tracking the consumer journey. Tegna, is a local media company with 64 TV stations and top 50 websites. Premion,
offers local TV OTT and CTV advertising in all 110 DMAs and has Tegna
as a parent company. The company serves advertisers across all
categories – both national and spot local buyers.
Moderator Donato launched the panel with a question on preparing
for IOS 14.5 and the demise of third party cookies. Soman indicated
that, “We are very fortunate that a large portion of our inventory takes
place on spots that are not relying on cookies. We rely on first party
data direct to the consumer. We have a firm handle on first party data
in a privacy compliant way using deterministic matching. That is
internally. Outwardly, we are looking out at the industry for a
universal ID.”
Diagle noted that, “We are working on bolstering our first party
data. There is a need to make it simple. Right now it is really
complicated for local advertisers. We want to get control of the first
party data discovering, for a local business, who bought couches from
me, who downloaded my app. That’s when the cool stuff happens.”
For Donato, “Genre and contextual targeting are really important.
In addition to attribution, the era of ‘set and forget media’ is over.
We need to add contextual and new taxonomies to this environment.
Marketers are becoming aware of it and they are looking for timely data
insights. Return on ad spend has never before been so tracked. We need
to create more agility and look at creative efficacy. It’s all about
growing a bigger business, down to the geo level.”
When it comes to Google floc and sandboxes, for Soman, “It is not a
major part of my team’s work. Idea of flocs, like contextual targeting,
is based on what content you are using.” Diagle recommends that you
need to, “Own your own data. Then this isn’t as big of a deal as it
would be otherwise. I learned this past year that things change really
fast.” And Vilade added, “Conversions, reach and brand lift are on the
minds of all marketers.”
When it comes to privacy, the consensus was that we need more
standardization. Vilade noted the importance of tracking what will
happen in big technology: “It is not an equal playing field.” Every
vendor has a different privacy solution and the industry has to come
together and support GDPR. Soman added that, “Privacy is not going away
or going backward. Getting a handle on privacy helps us protect first
party data.”
Read the Room: Doing Better with Contextual Targeting
Natalia Irmin, Director Data Strategies and Kevin O'Reilly, SVP of Product, Data and
Monetization, a4, showcased how their company is perfecting
contextual targeting with rich databases and state-of-the-art systems.
For O’Reilly, “There are many different touchpoints in the
ecosystem. Contextual targeting is getting richer and more informative.”
Irmin noted that, “The cookie is crumbling. What do we do when the
cookie goes away?”
Irmin outlined the importance of contextual advertising. It is
growing, it is effective, has a positive impact on KPIs and a positive
impact on the consumer. The advantage of contextual advertising is in
brand health where you can identify and evaluate the page content to
eliminate the risk of placing the ad in negative content, with AI-driven
accuracy and privacy compliance.
For now, the solution is in a hybrid plan for sustainability,
accuracy and reliability by combining a contextual strategy with an
authenticated dataset like those on which TV and CTV are based. In this
way we can optimize delivery to real humans and measurement on true
performance. DMPs will have to transform or become a context management
platform, she predicted.
Post-Covid. A Look Back and A Look Forward
This past year was a year like no other with the pandemic jolting
businesses, stressing supply chains, revamping work conditions and
upending media consumption. In this look-back and look-forward panel,
moderator Jim Langell, Senior Account Executive, Bloomberg News and
Quick Take, polled Radha Subramanyam, Chief Research & Analytics
Officer/President, CBS Vision, CBS, Sean Fassett, VP Research,
NewsNation and Helen Katz, EVP, Research, Publicis Media on how their
businesses reacted, adapted and strategized throughout this most unusual
time.
Langell addressed the elephant in the room – the recent news about
Nielsen under reporting during Covid. “We are still working our way
through it,” noted Katz. “We need to unpack and understand the levels of
the under reporting and what it means to currency and trading. It’s
been a challenge.”
For Subramanyam, this poses tactical challenges and issues.
“Underreporting is a fact - up to 6% - based on a small sample. We are
all partners here and the media ecosystem is strong. We are coming in
with eyes open. In fact, the challenge has led to opportunity. A
multi-currency future is here, merging data from many sources. The
future is multi-currency working through with ecosystem partners.” For
Langell, “Nielsen has been the currency decades. Comscore is offering a
different approach. How can we analyze?”
Fassett noted, “Competition is good but the infrastructure is
fragile. There are multiple platforms and technologies and we have to
change our mindsets as to how to measure. Currently, consumers are
getting smart about cookie blockers and privacy issues. We can now work
to bring multiple companies together.”
“It is not about one versus the other,” Subramanyam said, “It is
about a much broader ecosystem and robust initiatives. Our data in the
connected TV universe from our propriety platforms is as crucial as any
third party data. It is census based data. I have never felt more
bullish.”
Measurement Currency – Has it Changed?
How long have we been talking about a move away from selling on
age and gender demographics? With more and more non-binary datasets
available, the answer is “too long”. More systems promise to guarantee
on actual KPIs. If these can be proven out, is it time to reassess and
revise demographic guarantees, and if so how? Moderator Hadassa Gerber,
EVP Chief Research Officer, TVB and panelists Kimberly Gilberti, SVP
Product Management, Nielsen, Graeme Hutton, SVP Group Partner, Universal
McCann and Maggie Zhang, Head of OTT Measurement ad Research, Amazon
Advertising, expanded the range of that discussion.
Hutton’s agency is, “shifting to advanced audiences which are high
value audiences. We did an optimization last year and we are shifting
more clients to advanced audiences. National broadcast is moving rapidly
to high value audience demos & we’re encouraging clients to shift.”
For Zhang, “We define HVA as all interactions that translate into
first party signals. This is what we mean by advanced audiences - first
party data. Our advertisers use both demo and first party. Overall, for
OTT campaigns that leveraged both demo and advanced audiences, they do
+33% better in consideration.” Gilberti noted that Nielsen advanced
audiences go beyond age and gender and across any category or demo.
Hutton defined HVA as any custom defined audience that is not a
pre-packaged.
Gerber asked, “Can planning metrics be posted on? Do we need
different metrics for planning and executing?” For Hutton, “We
understand reach and frequency in a campaign. It indicates how we can
influence. Local advertisers are big fans of impressions. From a
strategic POV, reach is very important. The issue is price of
measurement which is important. Reach across channels is becoming more
difficult and we have not solved for that yet.”
Nielsen sees all kinds of use cases. “Look at size of universe you
want to measure,” advised Gilberti, “Some segments are more robust than
others. We are also integrating big data sets like STB data so we have
larger sample sizes.”
“Our audience scale grows reach monthly,” according to Zhang. “We
are confident with the overall size of our audience that we can deliver.
Advertisers have diverse needs and objectives so one size does not fit
all.”
WEDNESDAY, JUNE 16
Reimagining Measurement of Sports Sponsorships with Deterministic Broadcast TV Data
Leading off Day 2, Fariba Zamaniyan, VP, Advanced TV Data Sales
and Client Service, TiVo and Brandon Nutting, Director of Data Science
and Advanced Analytics, MVPindex highlighted the importance of their
partnership in leveraging TiVo data to measure sports at every touch
point and offer brands, properties and agencies 360-degree coverage of
their premium sports sponsorships.
There has been a new normal that has been accelerated by Covid
dispersion of content across platforms, exacerbated by the stay-at-home
restrictions. What has transpired is a resurgence of linear growth over
the past year. Linear TV is still the dominant media form, accessed by
67% of the population through pay or cable TV sources. So it is still
dominant, but it is also declining with subscribers migrating to virtual
TV services and cutting the cord.
According to Nutting, sports programming is driving cable,
capturing a quarter of the dollars spent on the cable bill. The
opportunity that sports can offer is the ability to get brand messaging
outside of the commercial pod and into the programming proper. The
challenge is to be able to capture granular data and have it ingested
and integrated to form a single source. When you can access second by
second ad data at the time when the sponsorship is on the screen,
valuation can actually be achieved.
Zamaniyan explained that TiVo can capture second by second data
when sponsorship is on screen using their proprietary set top box. Data
from across the US can capture multiple sets within the homes,
integrating a variety of MVPD sources. “MVPD can take TiVo data to
integrate and bring valuation in a deterministic approach,” she noted.
Nutting added that it is possible to, “take logo detection,
aggregate together and understand the value. Teams are putting content
out there and brands are buying the sponsorships. They can take in all
of the data sources and calculate the value of each source. It is
eyes-on content.”
With the question of whether social drives broadcast, Zamaniyan
offered the following example: Nickelodeon aired a special youth-hosted
NFL broadcast which went viral. TIVO charted the audience flow with
broadcast and social data laid over it which proved that social was
driving people to linear viewership.
But the data needs to be analyzed granularly so that actual
behavior can be accurately discerned. Zamaniyan cited an example from
the Super Bowl. “It is the most expensive and most watched event,” she
noted. In this case, there was a significant drop leading into the half
time show this year. “We wanted to see what going on at the peak time of
viewership and understand the omnichannel presence in the event.” What
she saw was that during the break, some ad spots performed much better
than others. There were significant peaks and valleys in viewership
within the ad pod.
Case Study: Reaching the Diverse Consumer
Erica Jacobs, Associate. Director of Multicultural Marketing, The
Clorox Company joined Marissa Nance, Founder, Native Tongue
Communications in a ten-minute super-session regarding efforts to reach
an increasingly diverse consumer base through authenticity, empathy and
the right media mix.
Using the legacy and audience profile of Pine-Sol, Jacobs and
Nance explained the value of respecting your target demographic and
reaching that consumer group in an authentic manner. “It is an
interesting time in terms of brand in the industry,” Jacobs explained.
She partnered with Nance and her multi-cultural agency to further
strengthen Pine-Sol’s market position among Black women.
“We knew we didn’t need to build a diverse audience because we
already had it,” Jacobs noted. “We knew that we had gone through some
turmoil on the brand. We weren’t connecting with the audience in our
authenticity. Knowing our target is the Black female consumer hasn’t
changed and we know the value of a bottle of Pine-Sol. We needed to let
audience know that we hear you, we are there for you, we understand what
legacy means to you and we see you.”
Nance advocated for a, “Native tongue relationship. In the decades
I worked for Clorox, internally people have a seat at the table. The
decisionmakers there understood the depths we needed to go to connect.
So kudos to Clorox.” Ultimately, as Jacobs said, one needs to,
“Understand the combination of the heart and head. It is not just pure
sales.”
Targeting Niche Audiences
Moderator, Bill Daddi, Owner, Daddibrands Communications, polled
Sam Garfield, VP Data Intelligence, AARP Services, Betsy Rella, VP
Research and Data, NYI, Marianne Vita, SVP, Director of Integrated
Strategy & Marketing, VAB on how to best target and deliver to niche
audiences from both a marketer and programmer perspective. “This is a
big topic about tiny audiences,” began Daddi.
What are niche audiences? Rella defined it as, “a segment within a
segment, or a smaller, narrower group of consumers that advertisers are
trying to reach through their campaign such as behavior, lifestyle,
being a CEO, moms with school age children, etc.”
Vita added, “It can be groups that are not being marketed to like
older adults. We’ve done lot of work and insights pieces on the
fundamental disconnect. Half of the US population is over the age of 50.
It underscores the need for us to shift from traditional buying on age
and gender. It needs to be based on lifestyle and purchase behavior.”
Garfield concurred. “Fifty plus is definitely an undervalued
audience. Given the increase in expected life expectancy, there is a
benefit to look for audiences that are engaged. Niche audiences are
engaged and can be reached through new mechanisms.”
“Do your homework internally and see who you need to target, who
is purchasing now and who you are working with,” advised Rella. “Follow
the evolution of your brand. Who is that elusive group you need to
target? Do you have first party data? If not, okay, you can use third
party data. Help clients determine who they are looking for and how they
can identify one or more segments. It can be a small group and might
need to be pieced together to make it a large enough group.”
In terms of scale and reach for niche audiences, Garfield
explained that it is important to stay current with trends in data world
because elements are changing especially in privacy and the retirement
of the third party cookie as well as other changes forwarded by Apple.
“There is an opportunity for first party data owners to collaborate,” he
noted, and the need for the industry to collaborate. “We are seeing it
at agencies, retailers and travel partners and we will see more and more
of that. Each first party data owner has their own target audiences.”
Measuring Audiences With Music Television: Q&A With Vevo's Adam Butler
Adam Butler, Director, Brand Insights and Measurement, Vevo sat
down with Cynopsis’ Lynn Leahey to discuss how his company successfully
curates music videos to better connect with consumers while offering
rich data to help inform marketers to make the best strategic decisions.
Vevo has a full library of music videos and they are packaging and
programming those videos across a range of platforms, each attracting a
range of audiences and desirable consumer groups. “We have seen change
over last 10 years,” stated Butler, “We are a leading music video
network with unique content. We are able to build audience reach and
scale and are currently at 1 billion reach globally over the average
month. So we can build audience at scale and distribute on multiple
platforms from YouTube to connected TV, Samsung, Amazon Fire, Roku, etc.
as a complement to TV ratings. We attract a younger, harder to find
audience.”
At Vevo there is great interest in panels and context.
Interestingly, they are device agnostic. “The myriad of services means
that we get data from many places,” explained Butler. In addition to
partnering with TVSquared, they also work with iSpot to quantify
incremental audiences that advertisers can’t reach otherwise.
Next step moving down the funnel is to deliver brand lift via CTV.
“We are finally looking at ways to measure lower funnel outcome.
Getting it right is important. People don’t tend to click through on
connected TV screens. We now have more data than we ever had and we look
at the data to be sure it delivers actionable insights,” Butler said.
Vevo has a wide distribution footprint offering benefits in
delivering across platforms and devices. “We are a one stop shop,” he
explained. “IP is the new primetime and our content is definitely that.
Our sweet spot is 18-34 and 18-49 with an average age of 30. We can also
reach older viewers even if it is not our core audience.”
With advertiser partnerships, Vevo tracks weekly hits and
algorithmically curated suggestions. Cultural moments, like an artist
suddenly in the news or a sporting event, enables Vevo to take those
videos and package them and have an advertiser surround them. “We are
always cognizant of what our audience wants and that includes a growing
multicultural population,” he said. “I don’t think desire for program
content will go away.”
Audio’s Great Ascent
Grammy Award winner and Author, Tim Brooks, hosted a panel
dedicated about audio with panelists Susan Larkin, COO, Audacy, Dennis
Canlik, SVP Media Planning (Essence NBCU), GroupM and Landyn Saputo,
Account Executive, Bloomberg Media.
“Podcasts are a booming field,” began Brooks. “It is closing in on
$1 billion of ad spend per year without the kind of audience
measurement you would usually require. Is this changing?”
“I definitely see this changing,” volunteered Saputo. “I am
interested to see which platform leads the charge first. Now we can
report on listener count, uniques and impressions by ad spot. Lots of
advertisers are focused on the quality of the content. Bloomberg
specifically has a good idea of our audience on other platforms but we
need to create cross platform. We use listener surveys, content
repurposed from radio,” she added.
Larkin explained, “Downloads used to be the primary measurement.
Now we have psychographics. Apple and Spotify also provide levels of
listening and usage. Downloads are antiquated currency.”
Canlik, being a creator of podcasts asked, “How can we best
promote? What works for me in promotion is email marketing, letting
people know when podcast is available, paid ads, promoting my page and
word of mouth in my network post and re-post. I just published an
episode on the 40th anniversary of Raiders of Lost Ark and am seeing
amazing engagement because of the topic.”
Brooks asked what the single biggest near term change in
podcasting is. Saputo said, “More actionable insights and pixel
targeting for personalization.” For Larkin, it was “Better and more
accurate forecast across audience segments.” Canlik said, “When we are
aligned and can follow the thread. If marketers see results of the money
they are providing, they will support it.”
Unlocking the Potential of CTV/OTT with Kochava Measurement & Data Solutions
Trevor Hamilton, VP Sales at Kochava offered participants his
perspective on the potential of CTV/OTT to spur consumer action. He
demonstrated that challenges of both measurement and privacy can be
overcome with Kochava Foundry, which ascertains incremental lift via
forensic control. Forensic control compares the behavior of two consumer
groups – a test group that is exposed to the ad and a control group
that is not – to see the difference in incremental lift using OTT.
Hamilton showcased an example of a QSR campaign which resulted in 4,800
incremental purchases using OTT.
Ten year old Kochava is operates in the area of omnichannel
measurement and data. “Marketer are facing unprecedented challenges, a
host of hurdles,” explained Hamilton. “The pandemic accelerated cord
cutting. Technologically IOS 14.5 and the framework have to opt in for
tracking and measurement. Then add in compliance of data security and
privacy,” and you have a landscape in flux and growing in influence. The
OTT ad spend is expected to be $14.6 billion in 2023. Currently on
average there are four streaming services per US household. OTT
advertising platforms, which are a whole spectrum of devices, showcase
the benefits of advertising on OTT because it is affordable, targetable,
measurable and adaptable.
It is possible to optimize and adapt on the fly using data and
technology on the backend. Measurement can measure all points with
potential conversion from media creative, registrations, logins, content
views, average viewing time, sessions, watch list etc. It is possible
to holistically measure across touchpoints. Further, publishers have
direct control across their own ad inventory. It is possible to get one
set of tracking URLs for all campaigns and all advertisers, now offered
on Roku and Vizio, as well as incremental lift measurement for app
installs and web conversions, which deliver actionable results. Finally,
Kochava has the solution with media lift forensic control groups which
run against 100% of the audience to produce a more accurate form of
incremental lift.
Using a Standard Unit of Measure to Pave the Way to Convergence
Continuing the discussion of cross-media measurement and
attribution, Mark Gorman, CEO, Matrix, Susie Meehan, VP, Advanced
Advertising Operations, AMC Networks and Kevin Stuart, VP Research,
Hearst discussed the importance of a single unified metric for
measurement, such as impressions, across platforms.
Gorman launched the discussion by asking, “How will TV be sold
over the next three years considering the obstacles on the ad buy? Will
there be a move to more impressions based?”
“There is a challenge in making it a reality. We made the push to
impressions on local linear side for sales,” said Stuart. “But we ran
into challenges. Agencies were ready to go and had systems in place
dealing with impressions. Thirty five local direct clients said we
always worked with impressions. Local and regional agencies aligned
their buying planning systems to make transfer from ratings to
impressions. But some came to us and said - we are ready to go to
impressions but our clients aren’t ready. So we continue to work with
our advertisers to make this a reality.”
“Here at AMC, we are focused on addressable everywhere,” said
Meehan. “We are going through major migrations in the system now. We are
laying the pipes to get to that measurement using Freewheel and we have
our DMP and our identity partner. We have different attribution
partners like 605.” She noted the importance of having the right
identity graph partner. “We are looking for the right partners. We have a
lot of work to do and want partners to lean in and not cost a fortune.”
“It is exciting to finally see linear and digital come together,”
offered Meehan. “Linear addressable is complicated and delicate. We need
to find right watermarking partner.”
Pride 2021+ What Comes Next?
June is Pride Month and what better way to celebrate than to host a
panel on the GLBTQIA+ community? Moderator Merryn Johns, Editor and
Chief, Queer Forty, queried panelists Kevin Milian, Associate Director,
Consumer Research Solutions, Dentsu International and Horst Stipp, EVP
Research and Innovation, The ARF on the best approaches that marketers
and programmers can take to connect with this important and increasingly
expanding (and at the same time fragmenting) consumer group.
Johns began with an overview of the GLBTQ+ landscape. “There is a
lot going on in civil rights and cultural visibility especially in June.
The definition of terms is a challenge with LGTB youth. The question
is, how to be an ally without rainbow capitalism and pink washing? We
have work to do. There are a bunch of big corporations such as P&G
and GM and Glaxo who advertise on Fox News while at the same time
advertise to GLBT n Pride Month.” How does that work?
“The umbrella is so wide and expansive,” noted Milian. “Nuance is
important to the community coming of age versus elder. It is important
to understand nuance between panels. We are a widespread community.”
As far as data of the community is concerned, the data is
fragmented and siloed, according to Milian. “Some is in syndicated
research sources. But the industry hasn’t done a good job of measuring
over the decades. It is important for marketers to put pressure on
syndicated sources. And commissioning custom research at agencies is
even better.”
Advertisers who want diversity can make mistakes reacting to 200
social media posts and thinking that is what the public at large thinks.
“You need to educate yourself and do good research to really find out
what target group is expecting thinking and create creative that speaks
to them,” suggested Stipp.
Milian added that it is, “Important to target and figure out
people. Look at the data better. Talk to the right people and the right
people in the room.”
Q&A | The State of Streaming Advertising
Moderator Lynn Leahey, along with panelists Christopher Murphy,
Head of Partnerships, Advanced Advertising, Conviva and Josh Sharma, VP,
Ad Partnerships, Entertainment Studios discussed the results of
Conviva’s recent State of Streaming Advertising research study.
According to Sharma, “Sixty percent of viewers agree there are too
many streaming ads being repeated or redundant which is the reason why
there is a disjointed ad experience. There is fragmentation on
publishers. You need to make sure you have a unified way of making a
plan.”
Murphy added, “There is more convergence, but it is hard to
decipher. There is now scarcity in linear and publishers can charge
price premiums.” He noted that linear and digital are moving into
consolidating into one category – video – to bring the media world
together. Then we can unlock different datasets.
In terms of the amount of data available, Murphy noted the
fragmentation you see in the supply side. “When you hear that there is
not enough data, it depends on the company. Different data is available
for transactions.” And all have their value proposition, according to
Sharma.
Asked about the fact only 10% buyers reported being interested in
brand safety, Murphy responded that linear is a lot more transparent,
while digital tries not to share too much. Buyers are not satisfied with
the level of transparency but are buying more CTV than ever before.
There is more data available than linear. He believes that smaller
publishers will move faster towards more transparency.
Sharma indicated that his company is going into market wanting to
be transparent partner. “We are in negotiations with content partners
and we let them know how important it is to us. We want to be a trusted
partner with you. There is an education process in negotiation process.”
The most important factors going forward are, for Sharma, “Scale
and data. Get smart about our audiences in a privacy compliant way and
deliver relevant ads at scale.” For Murphy, it is “Trust and
transparency. The CTV supply chain is messy. First party data wins. Too
often there is a black box component on the buy side resulting in
friction.” He advocated for more clean rooms and shared data assets to
get people moving fast and better.”
A Kaleidoscope for Cross-Platform Measurement
Focusing further on cross-platform measurement, DISQO’s VP Product
Marketing, Anne Hunter, discussed her company’s latest insights on
consumer cross-platform usage, the state of the landscape and avoiding
the pitfalls of data gaps in ad exposure measurement. Her company has a
platform called Kaleidoscope, which is used for cross platform
measurement tracking the impact of ad effectiveness when campaigns run
cross platform.
Consumers are leading the way in terms of generating the data
needed to optimize, resulting in intense measurement complexity, said
Hunter, adding that that 62% of people are using multiple social media
platforms each month. “Consumers are sampling creating their own media
buffet,” she noted. “If you look at just social, there is a high degree
of overlap.”
There is a need to make sense of all of this usage and overlap and
DISQO has the solution in Kaleidoscope, enabling advertisers to
understand consumer usage across all platforms. Hunter outlined a recent
study her company conducted across social media platforms looking at
usage, overlap and specific utilization.
What they found was that today, “Ad effectiveness measurement is
mainly siloed. But it is actually not happening among consumers. For
example, only 21% of LinkedIn users are using TikTok, but looking at
TikTok, only 14% are using LinkedIn. Every single audience has a unique
kaleidoscope of platform usage. It is important to understand how they
consume and digest advertising on each platform to give you a view of
what is effective.”
A Look Towards a Cookieless Future
The much heralded and much maligned cookie is fading into
retirement. What measurement challenges will result from its demise? And
what can we do about it? Moderator Anna Murray, CEO tmg-emedia polled
Hui Weng, VP/Director Data Sciences at Publicis Media and Greg Stuart,
CEO, MMA Global to get both the data and the sales impact of a
cookieless future.
Murray started the conversation by asking, “What does a cookieless future mean?”
Weng began with a clearer definition of the cookie. “Let’s
clarify. It is not just any cookie,” she explained, “it is about a third
party cookie that is physically used on the browser for us to target,
do frequency capping and measure a campaign result.”
In addition, she added, “Mobile is not just a cookie. It is really
an aspect of mobile device ID tracking. It has also become challenging.
With the mobile app, 90% of mobile users need to give consent to be
able to track. Maybe 20% give consent but down the line they hope that
number will continue to grow. This is where we are now. On the browser
side we have about 40% currently cookieless right now making it very
difficult to track on the user level on the browser. Next year, some
time, either Q2 or Q1, we don’t know, Google, on their chrome browser,
which is 60% share now, we won’t be able to track or target the way we
are doing now.”
So while cookies are not terrific to begin with, the future, according to Murray looks to be, “Increasingly in lockdown.”
According to Stuart, “Cookies suck. They always have. We had an
over reliance on them,” he asserted. “So many people deleted cookies. I
think cookies had a shelf life of every 30 days they were replaced
themselves. But it was the only tool we had and was the lowest common
denominator. It’s not about the cookie, it’s not even really about IDFA.
It’s about the underlying identifiers and how we can keep track of
people’s behaviors broadly and can we get consumers to accept that.
Identifiers is where it all comes together. It is what we don’t
understand about advertising technology combined with what we don’t know
about privacy policies. There is no real solution at hand and it may be
a mess for a while and there may not be answers for a while.”
Weng noted that there are some solutions here. We need to
identity, from the consumer perspective, how to resolve the tensions
with privacy and with the need for personalization. But Stuart countered
that he is not sure that consumers really want privacy. “Consumers
never really cared. There is a really small minority of consumers who
are really bent out of shape about privacy. At the end of the day, we
have to respect that and operate on that level. What is happening is
that regulators have made it a big topic and we are now leaning in
aggressively. And then we have Apple who thinks it is their decision to
determine my privacy for me. Why is their job to protect something I
didn’t ask them to do? We definitely have an issue.”
Weng noted that while we share concerns, it is an exciting time to
work in the space. “To address the one-to-many you need to scale your
first party strategies. You need to change the mindset about how you
collect first party data. Less transaction and more about the customer
relationship.”
The main point is that we can’t do things like the way we always
do. “Shame on us that we have gotten to that point,” said Stuart. For
Weng, she is optimistic because there are lots of conversations going on
amid the uncertainty. “Eventually we will get there,” she stated, “We
need to educate the client.”
Jun 25, 2021
Cynopsis Measurement and Data Conference 2021 - My Recap
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