Amazon’s launch last year of a Sponsored TV platform, largely for its third-party marketplace sellers to buy connected TV ads based on sales data, and Walmart’s pending acquisition of TV manufacturer Vizio, including its data and operating system, are seen by some as facilitating a move to pull more CTV dollars from advertisers big and small. Martin Sorrell gave the performance CTV space an endorsement with a recent investment in CTV buying platform tvScientific.
NBCU executives last week pointed to 40% of their advertisers being new to its networks in the past year, most of those small and medium-sized businesses.
Besides evaluating iSpot’s national TV ratings, AudienceXpress will work with its DRMetrix direct-response TV reporting and 605 units, acquisitions iSpot made in 2021 and 2023, respectively, largely to help build its outcomes measurement business.
Along with bigger national advertisers, the iSpot data should help direct-to-consumer, small, medium-size and local advertisers get better visibility into how TV and CTV can work for them as performance media, said Stuart Schwartzapfel, executive VP of media partnerships at iSpot. And part of what this collaboration offers in the coming upfront season, he said, is the ability to do outcomes measurement in a variety of shapes and sizes.
“What I’m hearing consistently this upfront and NewFronts season is that outcomes are back in a big way,” said Schwartzapfel. “But they’re back in a different way. Campaign-based attribution is very mature, but the notion of doing attribution at scale in a lightweight manner that can be applied to a broader range of campaigns rather than just the fancy ones that have the biggest budget, that’s new. And I think there’s an appetite from a lot of the large media companies to offer that.”