SANTA BARBARA, CA – Planning and executing addressable television campaigns still means pulling together a variety of resources, but if Xandr can help to simplify that it will further facilitate bringing TV into the lower part of the sales funnel, according to Mike Law.
“We’ve really been optimistic about the space,” says Law, who is EVP, Managing Director, US Media Investment, Amplifi (Dentsu Aegis Network). “I think the innovation and the technology the scale of the number of people we can hit and the improvement of data sources across the board has made addressable that much more viable on a media plan.”
In addition to more scale, there’s more data to provide understanding about consumer behavior and the best ways to target them, Law explains in this interview with Beet.TV. at the recent Xandr Relevance Conference.
“And then on the back end, being able to understand did they actually follow through, make a purchase, go to a store, follow them throughout the full process,” Law adds.
Asked about the workload required for addressable TV, Law says it takes commitment and harnessing different resources. “I think you need to work with your analytics teams, you need to work with your clients very closely about what their goals are. So it is bringing a lot of people together on both sides.”
On the program distributor side, each vendor can represent a silo of sorts, so “it’s really our responsibility to bring that together to think about how can we maximize what we’re getting out of this.”
Part of the process is helping clients determine how addressability fits into their overall planning, given its utility in targeting specific households. “As we think about it, you have reach happening across the marketplace, but in traditional television and across other channels we’re really getting to the top of that reach curve very quickly now and then it’s frequency and we’re just kind of running rampant at the top of the reach curve.”
In moving TV into the lower part of the funnel, it’s less about brand awareness than it is getting closer to consumers—right now at the household level. Law describes a “one ad in one room versus in another room” approach “the ultimate dream, although we’re not quite there yet.”
This video is part of a series leading up to, and covering the Xandr Relevance Conference in Santa Barbara. For more videos from the series, please visit this page. This Beet.TV program is sponsored by Xandr, a unit of AT&T.
