Friday, March 08, 2019

Nielsen believes in addressable TV


 Even though an average person nowadays have multiple devices and more and more time is spend looking at a phone, TV remains very important channel of interaction with potential customer. Average TV watch time per day is forecasted to be 46 minutes in the US (Nielsen). Addressable TV is one of the most discussed topics in this field. Sceptics often argue that it is impossible since many households have multiple viewers each of whom needs individual approach. Moreover, they claim that it is difficult to measure the effect of this tool and that it is quite expensive. However, according to adage addressable TV has a higher CPM then traditional television.

Nielsen strongly believes in the future of addressable advertising and highly invest in this idea.  The company acquired Qterics (Smart TV software and privacy management company), Gracenote (automatic content recognition technology) in 2016, and recently Sorenson Media for $11.25mln (leading addressable TV technology). The idea is to leverage the best technologies to provide real-time optimization, deliver relevant content, and make results measurable.

No comments: