What are the challenges in front of advanced Television?

Posted by Noel M.
6
May 16, 2019
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The television has always been the favourite mode of entertainment for people and advertising for the companies. However, with time people’s choices have changed with the internet triggering many of these changes. The newest addition to this change is the advanced TV, a new concept, which helps viewers see commercials of their choice. Earlier, single ad content was aired in all the households. But with the onset of advanced television, each family views content that they prefer. 

Advanced television is an umbrella term that covers connected TV where the content is sent from the video provider to a connected device through the internet. This takes place out of the closed networks of cable providers and telecom. The other part is addressable TV where in specific audiences view particular ad content depending on their choice.

Why advanced television?

The advanced television, therefore, benefits both customers and the ad makers. TV commercial production companies prefer this, because the advertisements get a closer view of the preferences of the viewers and are therefore better equipped to provide relevant content. Relevancy plays a big role in marketing today since it is closely related to the internet and the global search giants like Google which prefers relevant and unique content over everything. The production of relevant content also helps in eliminating waste which makes addressable advertising so much important. 

Challenges facing it

Advanced television is important but it comes with certain difficulties. Adequate awareness is very important for the growth of addressable TV. Companies need to understand why opting for this method and how it stands to benefit them. The present compensation models are based on delivery targets and GRPS costs. But with the use of advanced TV, the companies will have sufficient money left for retargeting. It apparently seems local but addressable TV has a global approach. Since most televisions are connected TVs, the future is likely to be much strong and all the content produced by any ad agency will be considered relevant. The need of the day is a television format that is hassle-free and supports tv commercial agencies.

The best thing about advanced TV is that it allows the advertisers to study customer behaviour and model the campaigns according to that. The consumer behaviour can be hyper connected, dynamic and fluid and these are collected from their behaviour across various devices and screens. This extends the brand’s contact with the various likings of the customers and how they can be brought in contact with their mode of product and advertisement. This creates a ‘halo effect’ that leads to better research, short video ad performance, and display.

In 2018, almost 181 million Americans have used connected TV while 200 million used some form of OTT platform. Privacy is one of the most important things that have to be considered and maintained at the present moment. New research is being continued continuously to create more relevant data that ensures that marketers can reach their goals more easily. The television as a medium to reach the masses has improved hugely so now production companies NYC have to take their step and create more relevant and informative content that can capture the audience. Addressable television is the finest new change that has evolved providing TV advertisers with the opportunity of making their brands felt to the consumers.
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