Condé Nast groups home-improvement content across brands for a new ad network
Condé Nast launched a new ad network this week called Home/Made, grouping home improvement and DIY video inventory from across its portfolio of brands.
For now, Home/Made content will primarily exist on YouTube. Aimed at trying to compete with both HGTV and DIY Network on the digital front, the company claims that video content across all of its brands surpasses the former two media networks in both total views and number of subscribers on YouTube. While the Home/Made network itself doesn’t have its own channel, this content grouping strategy will allow Condé Nast to cast a wider net for sales to both its existing and new advertisers.
“An always on, new primetime audience is how we see [Home/Made’s viewership],” said Lloyd D’Souza, head of content development at Condé Nast Entertainment.
At launch, the slate of content in the network will include some of the existing popular shows for Condé, including Vogue’s “73 Questions,” which follows celebrities around their homes while they answer questions; Architectural Digest’s “Open Door,” where celebrities give tours of their homes and talk about interior design; and Glamour’s “Money Tours,” where anonymous individuals talk about how they spend their incomes.
D’Souza said during the Home/Made launch event that GQ Sports is launching a new show where athletes give tours of their closets; Wired will have a new show about the future of home covering in-home technology; and AD will launch a version of Bon Appétit’s “Back to Back,” which will feature celebrities attempting to do DIY projects with only auditory instruction.
While GQ, Vogue, Bon Appétit and Glamour are not home improvement or shelter brands endemically, Jeff Barish, chief industry officer of home, said he sees an opportunity to show to advertisers how the non-endemic brands can still cover topics related to home.
“They don’t associate us with mass home to begin with,” he said, so by creating content that talks about accessorizing a home or gives a celebrity home tour, these non-AD brands can also provide some connection to home content for advertisers looking to place their ads in that category.
That said, if a viewer is coming to a video featuring a celebrity house tour, it can be hard to place whether or not they’re watching for the architecture and interior design inspiration, or if they’re curious about where their favorite celebrity lives. Looking through the lens of home improvement, the programs on this network don’t necessarily have the pure DIY or home remodeling content that shows on HGTV or DIY Network delivers.
According to Condé Nast, the publisher has a total of 38 million subscribers on YouTube across all of its brands in 2019. Additionally, the company reported over 5 billion total video views on YouTube in 2019.
Condé Nast also recently invested heavily in the development of video content for five of its brands — GQ, The New Yorker, Vanity Fair, Vogue and Wired– launching individual video studios for the brands to attempt to create franchises.
Condé Nast has three primary ways for brands to purchase ads on the network, including standard pre-, mid- and post-roll ads, integrated products within shows and then custom content running ahead of programs that is produced by the Condé Nast Entertainment studio.
According to Alicia Weaver, executive director of offline activation at media buying agency Mediassociates, there is an inventory issue around home improvement content on linear television, with the DIY Network and HGTV being two of the only media companies producing exclusively this content. Therefore, she said it can be “next to impossible for brands” to run ads on those existing TV networks because the demand is so high and the prices can increase significantly.
CPMs for linear channels like HGTV and DIY can range upwards of $10 to $19, Weaver said, adding that the combination of brand safety and generally high ratings can make brands feel more sure footed in spending their advertising dollars there. Because of this she said it seems like a safe move for Condé Nast to try and sell against this topic.
“No network is a must buy, but if you’re [looking to reach] a women or adult demographic, [HGTV and DIY Network] would be at the top because of their brand safety,” Weaver said.
And though Home/Made is not a linear network, Weaver said she would expect that brands are still going to be interested in getting opportunities to reach the demographics that are typical to the home improvement audience — such as women between 25 and 54.
TV advertising’s watershed moment: It is finally becoming more like digital
With advertisers hesitant to commit to spend money in advance, TV networks face an April inventory surplus they must fill on the fly and at lower prices.
Member ExclusiveProducers pitch clip shows in anticipation of TV, streaming programming gap
With physical productions shut down, clip shows relying on licensed and archival footage have become prized programming.
After two years of hype, Quibi’s debut doesn’t remake TV for the phone
Quibi was made for streaming shows while people are on the go, but the service may need to adapt its product for people quarantined at home.
SponsoredTV buyers are shifting from traditional demographics to more precise audience-based metrics
In traditional broadcast TV, age and gender have long been the dominant way of targeting audiences, but as TV and digital platforms converge, experts say the industry is steadily moving toward audience-based buying.
The Disruptor: Why AT&T tapped Jason Kilar to make sense of WarnerMedia
Kilar's history of questioning the status quo may be AT&T’s motivation behind hiring Hulu’s founding CEO to oversee WarnerMedia.
With ad prices declining, creators increase their production volume
With brand deals on hold and ad prices in decline, individual video creators are upping their video output to increase viewership.