VideoAmp Launches Ad Metrics on a Second-by-Second Basis
BET tests capability during ‘BET Awards’
VideoAmp, one of the companies offering the TV business an alternative to Nielsen, released a new capability that provides measurement of second-by-second tad viewing, a level of detail that provides advertisers a better understanding of how their commercials perform.
The data from the second-by-second measurement can demonstrate how reach builds throughout a program and help advertisers and media companies optimize inventory based on exact commercial viewership.
VideoAmp will be providing data on the viewing of each individual commercial. Nielsen’s current C3 metric measures the average commercial minute with a particular program.
Also: Tony Fagan Gets Expanded Role After VideoAmp Lays Off 10 in Reorganization
BET gave the new capability a test drive during the BET Awards.
“Access to second-by-second level data gives BET a unique opportunity to hyper-target and pinpoint content that resonates with our audiences and drives success,“ Berj Kazanjian, senior VP of ad sales research at BET, said. “Our teams utilized this transformative data to identify the most compelling program elements, such as show performances, commercials, host presentations and more. These advanced metrics allow us to enhance our content, further our reach, and deepen our engagement with our community.”
VideoAmp’s viewership data is based on commingled information from smart TV and set-top boxes in 29 million homes. The company said its capability can give advertisers and media companies measurement of impressions, frequency, average commercial audience, average program audience, advertiser reach, incremental cumulative reach and total viewers.
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“Having a true breakdown of viewership during every second of a program is game-changing,“ VideoAmp chief technology officer Tony Fagan said. “Average Commercial Minute is a compromise the industry has had to make, due to a lack of fidelity in panel-based measurement. Big Data enables buyers and sellers to know exactly how every spot in a program performs — from exact-second start to exact-second stop.
“Being able to tell a unique story for each advertiser during a program and make use of the granular insights that have often been lost or overlooked, is a major step forward,” he said. ■
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.