Audience fragmentation is the #1 problem for online marketers trying to understand which platform is best to use when determining a digital strategy. Websites, mobile phones, tablets, and connected TV all play a role in the online video space, but knowing which devise to use for what end goal is key to understanding the best return on value.
Image courtesy of the Video Convergence Whitepaper by Videology
New research from Videology indicates that multiple platforms or screens actually increase brand recall. They measured this by studying 8 campaigns where video ran online on some, while others ran video across online, mobile, and connected TV. Of those that ran on multiple screens brand recall increased by 70-300% compared to online only at a 15-130% increase in brand recall.
However, if click through rates (CTR) or video completion rates (VCR) are the end goal then different platforms apply. This study, also done by Videology, included data from 378 campaigns and taking into account 184 million video impressions, 2.1 million mobile video impressions, and 360K connected TV impressions. Mobile seems to be the platform to use if CTR is what marketers are after, but connected TV is the platform to use for VCR. The whitepaper study, cites various reasons for this, one being the fact that connected TV does not allow viewers to click through or bypass a video advertisement.
If reach is what marketers are after, then going after the online video population (and platform) is probably the best bet given that is the largest of the three at 182 million compared to 91 million smartphone users, and 10.5 million connected TV users (in the US). However, if getting the most ‘bang for your buck’ is ultimately what it comes down to then a multi-screen campaign is probably the way to go due to a 9x higher average brand recall, and decrease in cost per incremental brand lift by 55%. Support for this multi-screen campaign approach was also done by a YuMe study that indicated online video ads actually complement TV ads (Source: VideoNuze). That is, of course if budget is not an issue.
After all the data outlined above, it’s clear to see how and why marketers can easily be confused by all the options, so here is a quick recap: CTR=Mobile, VCR=Connected TV, Brand Recall & Performance vs. Cost=Multi-Screen Strategy.
About Preview Networks
Preview Networks is a content marketing platform for brands and content aggregation and syndication platform for publishers. We provide the tools for brands to centrally distribute and manage marketing and PR content across media destinations, devices, and commerce platforms; allowing media partners to automate content acquisition delivering audience and advertising revenue growth.
