Samsung Ads constructs a Connected TV predictive planner to help advertisers reach a particular audience in the AVOD space. The tool will help brands measure the scale, behavior, and time their targeted audience spends with ad-supported videos.
The analytical device, called ‘Viewers Advisor’, will utilize Samsung’s first-party data mixed with third-party information and will provide an insight to the businesses on how the audiences are spending time on AVOD along with their content preferences. The device can also be used for concentrating on Samsung buys across all budget levels.
As quoted by Adweek, Justin Evans, global head of analytics and insights for Samsung Ads said,
A lot of players were articulating that they were aware it’s an urgent need for them to be present in AVOD, but they felt they did not have the specific detailed understanding about how their audiences use AVOD—or even whether they do.
Our providing that type of information on a very specific deterministic basis was an important way for them to understand how to navigate CTV
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`This device will help businesses in sectors like Auto, E-commerce, and CPG. Generally, brands can identify how and where target viewers watch TV when they upload first-party data or third-party data.
On the other hand, Samsung will assist to track viewing behavior using ACR technology and identify AVOD viewers in the target audience. In addition, it will also help brands understand the behavior of the target audience such as how many apps they use each day and at what times.
As per eMarketer, in 2021 advertisers will increase their upfront CTV video ad spending to $4.51 billion and expects to see nearly $6 billion in 2022. Samsung has 13 million heavy e-commerce consumers within its platform. Out of which 9 million consumers are classified as mostly streamers who spends 85% of their time watching CTV content. Half of them are focused on AVOD with viewers watching an average of 1.3 hours of AVOD per day.
As quoted by Ad exchanger, Justin Evans said,
“We’re in a position to paint a portrait for the advertiser of what the viewers’ advert expertise goes to be within the AVOD ecosystem. The attain and frequency profile we offer is about what sort of promoting success the consumer can obtain inside the Samsung ecosystem.”
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As reported by Adweek, Samsung’s AVOD offering will provide advertisers complete insights into the experience their targeted customers will have in AVOD which would make them comfortable to make investments and profits in this space and instruments. Viewers Advisor is the latest addition to Samsung’s AVOD ad offerings. Earlier also, the CTV company had added new ad experiences to enhance AVOD offering Samsung TV Plus.
Evans stated to Adweek that they are encouraging advertisers to spend a large part of their budget on AVOD.
“We see audiences spend larger chunks of their time in AVOD, and this capability tells advertisers how to spend that money wisely.”
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