What is CTV? Connected Television (CTV) is any internet-connected device used to watch TV or video content.
THE CTV LANDSCAPE CONTINUES TO SEE TREMENDOUS GROWTH
WHAT IS ACR DATA?
Automated content recognition, commonly referred to as ACR, is the process in which Smart TV’s identify the content that viewers are watching, by matching snippets of content against a reference library of videos. Although ACR data is not new to the CTV landscape, since 2019, the number of ACR enabled Households has grown exponentially.
In early 2020, Roku placed their ACR equip operating system into 1 in 3 Smart TVs sold in the US. In addition, Samsung, with the largest market share of CTVs across the US (33%), estimates their ACR data reaches approx. 50MM US households. In May of 2021, LG Ads launched as a strategic partnership between LG and Alphonso bringing LG’s Smart TV ad inventory to market with Alphonso’s ACR data for targeting and measurement.
As the CTV landscape continues to grow into the forefront of video buys, 1st-party ACR data will be a crucial tool within any CTV buy.
Source: AdExchanger, MediaPost, BusinessWire
HULU CONTINUES TO GAIN SUBSCRIBERS, SURPASSES 100MM
Top streaming service, Hulu, has seen a +67% growth in subscribers over the last two years. For the first time ever, the total ad-supported viewers for Hulu surpassed 100MM. Against A18-34, Hulu’s reach is #1, ahead of CBS, NBC, ABC and Fox.
Source: Hulu
TESTING OUR HYPOTHESIS
As consumers spend more time watching streaming video content, Davis Elen recognized the need to efficiently approach the video landscape for our clients. Our goal was to reach more CTV HHs, for less client media spend.
We leveraged Innovid’s CTV Insights reporting to reinvent our approach to the CTV market.
CTV Insights Provided:
UNIQUE APPROACH
Using Unique Reach % as the key performance indicator we partnered with two categories of CTV providers:
DEVICES: Samsung, LG Ads, Vizio, Roku, etc.
SERVICES: Hulu, Paramount+, NBCU, etc.
We prioritized device partners across designated test campaigns, purchasing owned and operated inventory only. Device partners were prioritized because we believed they have the largest unique scale at a local level.
Service partners were then added to extend scale – with device partners utilizing ACR data to suppress overlap between themselves and service partners.
NEXT STEPS
Based on a tremendous amount of success, all streaming video plans executed by Davis Elen will prioritize device partners (Samsung, Vizio, LG, Roku, etc.), while adding service partners (Hulu, Paramount+, etc.) to extend reach when necessary. This new strategy, backed by data, will focus on both extending HH reach and minimizing overlap / waste for all Davis Elen's clients.
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7750 Camino Real, Suite 2F
Carlsbad, CA 92009
2033 6th Ave, Suite 600
Seattle, WA 98121
1101 Wilson Blvd, 6th Floor
Arlington, VA 22209
420 Nichols Rd
Kansas City, MO 64112