On the surface, today’s modern media landscape looks better than ever for a marketer. More exciting channels mean more opportunities to make advertising more effective and broadcast creative messages for your brand.
In reality, consumers are inundated with messages, all asking for engagement and reactions across several devices and channels daily. Their attention shifts across various screens and platforms, big and small.
The fragmented state of media makes it challenging for you to understand what it truly means to reach your audience effectively, and finding that universal customer view is hard.
Now you’re scratching your head and asking, “Where do I even begin?”
Measuring TV and digital campaigns beyond basic metrics has always been a challenge, even for the most advanced advertisers and publishers.
You need to understand who saw an ad and where, but due to fragmentation, varying industry benchmarks, and disparate measurement solutions, you feel nearly blind when it comes to seeing whether your ad spend is working the way you expect.
If you’re asking yourself, “Is there a simple way to build a scalable, repeatable measurement process for my business in a cross-platform world?” then you’re reading the right guide.
In the following five steps, we map out the formula to efficient and effective cross-platform measurement that ensures you are reaching the right audience, at the right frequency, and doing it all with ease.
Before setting a campaign measurement strategy, it is important to start with basic objectives. Seems simple, but this step is often overlooked by even the most seasoned marketing teams. If you don’t know your goal, how will you truly measure success?
For this step, answer two key questions:
This chart is a great example of a specific and measurable business objective matched to critical tracking metrics.
|Business Objective||Measurement Strategy Bullets|
|Deliver new product format messaging to brand loyalists 1X/week for 8 weeks||
Viewable impression percent
On-target impression percent
Percent of households receiving 4-12 impressions across all channels
The robots haven’t taken over yet, but to properly analyze the efficiency of your campaign, it is essential you ensure the impressions you paid for are valid and viewable.
This means not counting impressions served to bots or those that were served to someone who wasn’t even in the room. In this fast-paced, algorithmic-dependent industry, it’s more impressions than you might think.
Therefore, measuring and detecting invalid traffic (IVT) is a requirement for all TV and digital campaigns.
Once you confirm your ad was seen by a person, ensure that this person is the one you set out to reach in the first place. Just because you reached a human, doesn’t mean it was the right one.
In a test with 30 brands across a variety of industries, we discovered that ~47 percent of impressions were off-target across TV and digital—no matter the size of the campaign or notoriety of the brand. For every impression that went to someone relevant, another did not.
For successful advertising, quality trumps quantity. Employing advanced measurement helps you avoid high rates of off-targeting before you put all your chips on the table.
Let’s apply this to an example. If you are a brand trying to sell diapers, it’s helpful for you to know fewer than 20 percent of US households either have a child that is of diaper-wearing age or are expecting a child.
If you can spend your budget targeting only those households expecting babies or with children of diaper-wearing age, you increase the percentage of relevant households that receive your message and your campaign will be much more effective financially, as well as from a reach perspective.
Once you’ve established your relevant reach, it’s time to talk frequency of messaging. Or can you not concentrate with that commercial jingle still stuck in your head because you’ve heard it five times in only 15 minutes of streaming?
Polling the same brands and publishers from our previous relevance exercise, we determined that ~2 impressions per household per week was an ideal threshold for frequency—anything more was considered wasteful.
Measuring against a timeframe of seven weeks, the median campaign data we pulled saw that 20 percent of campaigns were exceeding that ideal household impression target. And the larger the campaign, the bigger that percentage “saturation waste” scales.
Ensuring that you reach your audience but do not over-saturate them is an important element of measurement. Establishing the ideal cadence will only come from closely monitoring and adjusting frequency. To learn more about ad overload and how to avoid it with cross-platform measurement, check out this video:
This final step is an important one but perhaps the hardest to achieve. Most cross-platform campaigns require pulling disparate data sources together, a time-consuming process for an already busy team. And one of those different sources will invariably lag behind by weeks.
Eliminate the workarounds inherent with siloed datasets and antiquated measurement standards by getting a real-time, synthesized view of campaign success across devices, channels, cost metrics, and audience characteristics. These metrics will help you monitor and optimize immediately, quarterly, and annually.
Oracle Data Cloud recognizes the need to break down one of the most significant barriers in advertising—connecting and rationalizing fragmented data across multiple channels.
We’ve built solutions to tie relevant audiences and viewability across TV, mobile, and desktop to make media planning more effective and drive business results. With billions of dollars transacted on metrics that didn’t exist a few years ago, precision and rigor in detailed measurement matter more now than ever before. Moat Reach allows you to measure the business impact of your campaigns and provide insights to inform optimizations.
Think differently about measurement and uncover new insights that enable true cross-channel clarity and promote informed decision-making around unique marketing goals.
Tune in to find out:
Understand and learn the difference between connected TV (CTV, over-the-top (OTT), and linear TV.