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Incorporating Connected TV (CTV) into Your Existing Marketing Strategy

In the ever-evolving landscape of digital marketing, Connected TV (CTV) has emerged as a game-changer. As a marketing professional, you may find yourself asking, "How do I incorporate CTV into my existing marketing strategy?" This article will provide a comprehensive answer to that question, offering insights into the world of CTV and its potential to revolutionize your marketing approach.

CTV refers to any television that can be connected to the internet and access content beyond what is available from the regular television broadcast. This includes Smart TVs, gaming consoles, and devices like Roku, Amazon Fire TV, and Apple TV. As of 2023, eMarketer estimates that over 204 million people in the U.S. use CTV—about 61.5% of the population. This shift in consumer behavior presents a unique opportunity for marketers to reach their audience in a more targeted and engaging manner.

Understanding the CTV Landscape

Before diving into the integration of CTV into your marketing strategy, it's crucial to understand the landscape. According to Mike Baker, former CEO of dataxu, a leading software company for marketing professionals, "CTV offers the promise of digital-like, targetable, and measurable advertising, combined with the power of television's sight, sound, and motion" (Baker, Mike. "The Promise of Connected TV." AdExchanger, 2019).

Incorporating CTV into Your Marketing Strategy

  • Identify Your Target Audience: Just like any other marketing strategy, the first step is to identify your target audience. With CTV, you can leverage data to create detailed audience profiles and target your ads accordingly.

  • Create Engaging Content: CTV allows for interactive and engaging ad formats. Use this to your advantage by creating content that resonates with your audience and encourages interaction.

  • Leverage Programmatic Advertising: Programmatic advertising is a powerful tool in the CTV landscape. It allows for real-time bidding and precise targeting, ensuring your ads reach the right audience at the right time.

  • Measure and Optimize: CTV provides detailed analytics, allowing you to measure the effectiveness of your campaigns and make necessary adjustments. As David M. Raab, Founder of the Customer Data Platform Institute, states, "In the world of CTV, measurement is the key to optimization" (Raab, David M. "The Power of Measurement in Connected TV." MarTech Series, 2022).

The Future of CTV and Your Marketing Strategy

As CTV continues to grow, it's essential to stay ahead of the curve. Incorporating CTV into your marketing strategy now will prepare your business for the future of digital advertising. As Joanna O'Connell, VP and Principal Analyst at Forrester Research, notes, "CTV is not a 'nice-to-have' anymore. It's a 'must-have' for marketers looking to stay relevant in the digital age" (O'Connell, Joanna. "The Future of TV Advertising." Forrester, 2023).

The Power of Programmatic Advertising in CTV

One of the most significant advantages of incorporating CTV into your marketing strategy is the ability to leverage programmatic advertising. Programmatic advertising refers to the use of automated technology for buying and selling of digital advertising, as opposed to traditional, manual processes. This technology allows for real-time bidding on ad space, meaning that your ads can be placed in front of your target audience at the most opportune moments. In the context of CTV, programmatic advertising can be particularly powerful. As viewers increasingly shift from traditional cable TV to CTV platforms, the opportunity to reach audiences through programmatic ads on these platforms is growing exponentially.

Moreover, programmatic advertising on CTV allows for precise targeting. Unlike traditional TV advertising, which often involves a degree of guesswork in terms of audience demographics, CTV advertising can leverage viewer data to create detailed audience profiles. This means that your ads can be targeted to specific groups based on factors such as age, gender, location, and even viewing habits. For example, if you're a sporting goods retailer, you could target ads to viewers who frequently watch sports programming. This level of precision can lead to more effective campaigns and a higher return on investment.

But the benefits of programmatic advertising on CTV don't stop at targeting. This approach also allows for greater personalization of ads. Because you have access to detailed viewer data, you can tailor your ads to the specific interests and needs of your audience. This can lead to more engaging and relevant ads, which in turn can drive higher engagement rates and better overall campaign performance.

Finally, programmatic advertising on CTV offers robust measurement and analytics capabilities. You can track a variety of metrics, including impressions, clicks, and conversions, allowing you to measure the effectiveness of your campaigns and make necessary adjustments. As David M. Raab, Founder of the Customer Data Platform Institute, states, "In the world of CTV, measurement is the key to optimization" (Raab, David M. "The Power of Measurement in Connected TV." MarTech Series, 2022). By leveraging the power of programmatic advertising on CTV, you can not only reach your target audience more effectively but also continually optimize your campaigns based on real-time data and insights.

Creating Engaging Content for CTV

In the realm of CTV, the creation of engaging content is paramount. Unlike traditional television advertising, which often relies on broad messaging to appeal to a wide audience, CTV advertising offers the opportunity for more personalized, interactive content. This shift is largely due to the nature of CTV itself. As viewers have the power to choose what they watch and when they watch it, they also have higher expectations for the ads they see. As a result, marketers must rise to the occasion by creating content that not only captures attention but also adds value to the viewer's experience.

One way to create engaging content for CTV is through interactive ad formats. These formats can include anything from clickable ads that lead directly to a product page, to ads that offer interactive quizzes or games. By engaging the viewer in an active experience, these ads can increase brand recall and drive higher conversion rates. As Joanna O'Connell, VP and Principal Analyst at Forrester Research, notes, "Interactive ads on CTV can drive up to three times the engagement of traditional TV ads" (O'Connell, Joanna. "The Future of TV Advertising." Forrester, 2023).

Another approach to creating engaging content for CTV is through storytelling. With CTV, you have the opportunity to tell more complex, nuanced stories that can resonate with your audience on a deeper level. This could involve creating a series of ads that tell a continuous story, or crafting ads that tap into the narrative of the show or movie the viewer is watching. By creating content that tells a story, you can build a stronger emotional connection with your audience, which can ultimately drive brand loyalty and conversions.

Finally, it's important to remember that creating engaging content for CTV isn't just about the ads themselves. It's also about the overall viewing experience. This means considering factors like ad frequency and placement to ensure that your ads enhance, rather than disrupt, the viewer's experience. By taking a holistic approach to content creation for CTV, you can create a more engaging, effective advertising strategy that drives results.

About DuWest Concepts

DuWest Concepts is a full-service marketing agency based in Austin, TX, dedicated to helping businesses navigate the complex world of digital marketing. We understand the importance of staying current with marketing trends and technologies, such as CTV. Our team of experts can help you incorporate CTV into your existing marketing strategy, ensuring you reach your target audience effectively and efficiently. Whether it's design, paid marketing, social media marketing, website design and development, event creation, or digital strategy, DuWest Concepts is committed to supporting your business goals. Let us help you harness the power of CTV and take your marketing strategy to the next level.