All marketers understand that most of the dollars for video advertising go to TV. But more and more money is being invested in online video: By 2016, digital video spending is expected to be double what it is today. Buyers who bought digital video placements last year intend to spend significantly more this year for a simple reason: It’s working for them.
Extreme Reach’s CMO, Robert Haskitt, discussed this trend at last month’s Digiday Brand Summit. He put forth two ideas to better take advantage of this upsurge in digital video. First, spreading video across multiple publishers, DSPs or networks can make it hard to compare campaigns. Haskitt said that the solution is to centralize execution and measurement so that you can look at the results side-by-side.
Second, rather than centralizing digital video on the same platform as banner advertising, put it with television. The two have much more in common, and 90% of digital ads also run offline on TV. Using Extreme Reach’s platform, it would be easy to compare results across these two media.
See full video of his talk below:
Tech Talk With Extreme Reach from Digiday on Vimeo.
Image via Shutterstock.
More from Digiday
Why angel investor Matthew Ball still believes in the metaverse
Matthew Ball’s 2022 book “The Metaverse: And How It Will Revolutionize Everything” was a national bestseller in the U.S. and U.K. On July 23, he plans to publish the second edition of the book.
Marketing Briefing: Why sustainability is ‘not a priority’ for marketers right now
Anecdotally, there have been noticeably fewer requests from marketers on ways to market sustainability efforts in recent months, according to agency execs, who say that requests had been commonplace in the late 2010s and early 2020s.
Clients want agencies to deliver industry expertise, agility and empathy, new research finds
With a number of businesses run by millennials and Gen Z, marketers are seeking not just a vendor when working with agencies – but a true collaborator. This seems to be especially true in the case of B2B marketing when they are on both the consumer and buying sides.