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Home Advertising

Four Ps will drive future of TV advertising

by Dave Morgan
January 19, 2015
in Advertising
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Four Ps will drive future of TV advertising
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There is not much of a question that more and more companies — buyers, sellers and intermediaries alike — are going to use a digital approach to TV advertising, says Dave Morgan.

NBCUniversal sales head Linda Yaccarino recently announced the launch of the company’s own audience-targeting platform for linear TV campaigns, enabling NBC to package, sell and deliver audience-denominated campaigns based on third- and first-party data sets. For example, the company would leverage Fandango data to better target, deliver and measure movie campaigns (Comcast NBCUniversal owns Fandango).

This is significant, because it tells everyone in the market that the largest seller of TV ads recognises that the future of television advertising will not be constrained by its past. In that past, virtually all TV campaigns were bought on the basis of programmes, and the only notion of audience targeting was based on broad sex/age demographics. Thus, the ‘P’ that defined TV ad’s past, programme-based selling, is now going to be supplemented by a second ‘P’, people-based selling, where audiences will be guaranteed on metrics like the number of Fandango movie ticket purchasers reached.

Will it end there, with just Programmes and People? Of course not. Once you’re selling people-based campaigns, wouldn’t you want to add Pixel-based outcomes into the mix? For example, tying your TV campaigns to your Web analytics, to know how many people visited advertiser websites, possibly measuring how many people who received movie ads then viewed movie trailers on Fandango.

And once you’re targeting, measuring and delivering TV campaigns by Programme, People and Pixel, who wouldn’t want to add Purchase to the list? So you would expect buyers and sellers of future TV campaigns to target, deliver, and measure campaigns all  the way from the top to the bottom of the funnel, linking each and every TV impression (and digital impressions too, of course) to Programmes, People, Pixels and Purchase.

TV’s past might have been defined by only one P, but its future will certainly be driven by at least four Ps. That’s certainly how the digital ad world works already.

Dave Morgan is the CEO of Simulmedia in New York. Previously, he founded and ran both TACODA and Real Media.This post was first published by MediaPost.com and is republished here with the author’s permission.

Tags: 4Ps TVDave Morgandigital advertisingdigital impressionSimulmediatelevision advertisingTVTV impression

Dave Morgan

Dave is the CEO and founder of Simulmedia. He previously founded and ran both TACODA, Inc., an online advertising company that pioneered behavioral online marketing and was acquired by AOL in 2007 for $275 million, and Real Media, Inc., one of the world’s first ad serving and online ad network companies and a predecessor to 24/7 Real Media (TFSM), which was later sold to WPP for $649 million. After the sale of TACODA, Dave served as Executive Vice President, Global Advertising Strategy, at AOL, a Time Warner Company (TWX). A lawyer by training, Dave served as General Counsel and Director of New Media Ventures at the Pennsylvania Newspaper Association in the early 1990’s. Dave received a B.A. in Political Science from The Pennsylvania State University and a J.D. from the Dickinson School of Law. He serves on the boards of the International Radio and Television Society (IRTS) and the American Press Institute (API), and was a long-time member of the executive committee and board of directors of the Interactive Advertising Bureau (IAB). He and his wife, writer Lorea Canales, live in Manhattan with their two daughters.

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