Boost Your Brand Awareness Through Connected TV
Ecommerce Strategy,
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Getting started with Connected TV.
There are a few ways that you can get started with Connected TV but it would be best to first ensure that your creative is suitable for this particular medium.
It may not be as simple as taking your current social creative and uploading it into a CTV campaign.
When thinking about your creative, think about the need to tell a story. Your video creative should be able to evoke and emotion with your audience. Emotion and story will drastically improve ad recall and response!
Once you have your creative ready, you'll then need to think about your audience and where they can be found. If you want your ads to be served on Amazon Prime, Amazon Ads is your place; Disney+ and Hulu can now be dealt with from Google’s Display & Video 360 and The Trade Desk through DRAX; and Sky TV channels can be accessed through Sky AdSmart. The US market can be tapped into via MNTN.
Targeting options vary from platform to platform but if you want something a little more granular and controllable, targeting options on AdSmart are impressively sophisticated.
Reporting Success on Connected TV.
Measuring success will ultimately depend on your overall business goals but there are some best practises and metrics for you to keep an eye on.
5 metrics to look out for.
Impressions
Exactly like our social metric, impressions will tell you how many people have seen at least a portion of your ad. If your goal is for as many people to see your ad as possible, this will be your north star.
Watch Time
This measures the amount of seconds that a viewer watched of your ad. An overall watch time will be averaged across every impression. The higher the watch time, the more engaging your ad is.
Completion Rate
How many users are watching your ad in full. Brands should be striving for a high completion rate; especially if you have important information at the end of your ad.
Cost per Completed View (CPCV)
This metric measures the amount paid by you to the publisher once a video has been viewed through to completion. If your completion rate is high, your CPCV should be low. The aim should be to lower this metric as much as you can.
ROAS
This is a metrics you should be familiar with! Each platform should be able to attribute and report on ROAS; allowing you to see how effective your campaign has been in driving revenue.
As much as Connected TV advertising is becoming more heavily discussed by brands, it is still somewhat untapped for a lot of ecommerce sectors. If you are beginning to struggle to acquire new customers at scale through your usual digital channels, perhaps CTV is a new avenue to explore in order to introduce your brand and product to new consumers.