MarTech firm, AudienceProject, is launching a new Addressable TV measurement solution based on individual data rather than modelled data.
The new Addressable TV measurement solution enables cross-device campaign evaluation at an individual level on devices such as Apple TV, Chromecast, Roku, PlayStation, etc. as well as on computers, tablets and mobiles. This can also be merged with linear TV measurement based on BARB data. AudienceProject claims it is the most accurate cross-device & cross-media measurement on the market, making it possible to continuously analyse and optimise the media mix and creative execution of campaigns and minimise waste.
The Addressable TV measurement solution has already been successfully tested by Finecast, an addressable TV company owned by GroupM that enables advertisers to target viewers across on-demand, linear and live streaming TV, which has signed up to the solution as a result.
Rich Astley, Chief Product Officer at Finecast, said: “AudienceProject has enabled us to get a holistic view of audience delivery for campaigns across addressable TV, linear and digital video channels. As viewing behaviours blur across screens this helps us on the path to understanding the reach and impact of TV across all platforms.”
AudienceProject has created the new Addressable TV measurement solution in response to the growing opportunity for advertisers to target specific audiences with personalised TV ads through addressable TV as people use more and more connected devices. The firm’s latest report shows that British households own an average of 7.94 connected devices, with penetration of smart TVs rising from 59 per cent in 2017 to 66 per cent in 2018.
Martyn Bentley, Commercial Director UK at AudienceProject, commented: “As people spend less time on traditional TV and more on online video and streaming, advertisers need to optimise their media budgets across all platforms. This requires cross-device measurement at an individual level. However, a lack of common identifiers across the many devices where addressable TV campaigns are executed has made this impossible until now. We are delighted to bring an easy-to-use tool to market that plugs this big gap.”