Yahoo To Combine Set-Top Box, CTV Data To Target Campaigns
eBay signs up as launch partner for Unified TV Audiences product
Yahoo Advertising said it will combine connected TV and linear viewing data to more effectively plan, buy and measure television campaigns.
eBay, the online auction site, is the launch partner for Yahoo’s Unified TV Audience product, which employs Inscape automatic content recognition data from smart TVs and pay TV set-top boxes. The viewer information is fortified by the Yahoo demand-side platform (DSP) user panel of 205 million logged-in users in the U.S. and Yahoo ConnectID, the company’s post-cookie identity platform.
In one early campaign for its auto marketplace using combined linear and CTV data, eBay saw a 52% increase in campaign reach, compared to its previous single-source TV data approach. eBay also registered a 7% increase in attention for its campaign and a 49% higher conversion rate compared to customers who were not exposed to eBay’s CTV ads.
Also Read: Yahoo Adds DirecTV Set-Top-Box Data To Advertising Platform
“CTV represents an immense opportunity for us to target relevant audiences and thanks to the Yahoo Unified TV Audiences, we were able to see successful, full-funnel results,” Nidhi Gupta, global head of paid media at eBay, said. “Leveraging their unique, combined data allowed us to significantly extend our campaign’s reach and ultimately amplify eBay Motors’ visibility within the auto parts market.”
Unified TV Audiences provide advertisers who buy through the Yahoo DSP a more comprehensive view of TV viewing. Some measurement companies, including VideoAmp, have also figured out how to blend data from set-tops and smart TV.
“As the landscape of TV viewership data becomes increasingly fragmented and complex, advertisers face the challenge of adequately targeting and measuring their audiences across TV platforms and channels,” Yahoo chief revenue officer Elizabeth Herbst-Brady said. “Unified TV Audiences solves for this by blending CTV and linear data so advertisers have a holistic view of the TV ecosystem, enabling them to more accurately reach their intended audiences while optimizing strategies, targeting and performance.”
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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.