💡WHY TV UPFRONT AD DEALS ARE STILL TRADING ON NIELSEN INSTEAD OF NEW CURRENCIES. 🤝At the Upfronts, media giants and ad agencies hammer out deals for the next TV season. This year Amazon, Netflix and YouTube made big splashes. 📊But even though Nielsen’s panels only survey 40k households, their ratings are still favored as currency over newer digital datasets with >40M households. Because… 👥Digital currencies like VideoAmp, iSpot and Comscore are often device based and lack demographic audience insights at scale. 💱For any currency comparability is more important than accuracy. And for now the new currencies lack adoption and reliability. 💰Commercially, larger dataset seem to scew to higher viewership driving up media costs for buyers, on top of maintaining contracts with measurement partners. 🚀Many buyers generally prefer more flexible (programmatic) deals to upfront commitments (Apart from top linear inventory like live sports). 👀Worth watching why Amazon Ads are doing in the space! ⏭️Ultimately we’ll end up with a mix of accredited currencies. In Europe that will differ per markets’ joint industry council (JICs). Publishers need to lead the way. ⁉️Question: How do you think we can propel the shift to new TV measurement and currency? 🟡🟡🟡🟡🟡🟡🟡🟡🟡🟡🟡🟡🟡 Follow me for some context around media and tech! Or hit me up and let's grab a coffee in London or online... xoxo, Andy AdAge link in the comments. making some great points on (C)TV ad trading as per usual.
Worth mentioning something I found out today: the most accurate and respected UK election polls are run on comparatively small panels with an average of 30 respondents per constituency. However, because of the way they select, manage, and process their panel data they are by far considered the best when it comes to predicting the election. In the age of Big Data you could run a huge poll online and still not achieve the same accuracy as the 'traditional' but rigorous method. Bigger is not always better! However, this only works for the 'main parties'. If you're measuring an eco-system with key principal drivers e.g. Premium SVOD, quality and control can be more important the panel size. On the other hand, if you want information into smaller services and tiny shows then larger panel sizes are the better option. Every method has its strengths and uses, Which to go with is entirely dependent on the requirements for each research project.
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