Tom Donoghue – GroundTruth https://www.groundtruth.com Real-world Behaviors. Real Business Results. Wed, 02 Aug 2023 13:17:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.groundtruth.com/wp-content/uploads/2023/09/cropped-gt-logo-fivicon-32x32.png Tom Donoghue – GroundTruth https://www.groundtruth.com 32 32 Basketball on the Brain? Great For Advertisers! https://www.groundtruth.com/insight/basketball-on-the-brain-great-for-advertisers/ Tue, 14 Mar 2023 12:50:00 +0000 https://www.groundtruth.com/?p=457621 Five ways to leverage video across mobile, OTT, and desktop by Tom Donoghue, Vice President - CTV.

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College basketball fans across the country are gearing up to root for their local and national teams in this month’s NCAA basketball tournament. For advertisers, it’s an even bigger moment to get their brand in front of captivated fans as they watch the games on big screens, laptops, and mobile devices.

While it’s tempting to blow your marketing budget on expensive air time, most brands will need to be more creative if they want to generate real business results during one of the biggest seasonal sporting moments of the year.

If your brand wants to avoid spending millions on linear TV tournament ads, but still wants real business results from tournament advertising, you can still score big before the final buzzer. Here are five ways advertisers can win big by tying their brands to “game-time decisions” across mobile, desktop, and OTT:

1

Full court press with your creative

Using basketball-related imagery and terminology in creative can tie your brand identity to the tournament before, during, and after games.

2

All screens matter

Watching a live sporting event on TV involves a lot of untargeted commercials. Your moment to grab fan attention can come during those breaks. As fans scroll their smartphones during commercials, your targeted sports audience segment will reach the perfect consumer, and drive the potential for “in the moment” engagement.

3

Don’t sleep on the rest of America!

While tournament viewership is high, not everyone is a superfan! Advertisers can also reach people who are not big basketball fans but watch along with others in their homes. For those passive fans, a blended combination of mobile, desktop, and OTT will keep your brand front and center for even non-basketball viewers.

4

Think globally, advertise locally

Tournament games are played in several different cities and time zones across the US. If your brand has a local presence, use geo-targeting to reach local fan audiences and game attendees to drive more results, online or in-store, before, during, and after games.

5

Research your national competitors

If you are a local or regional brand, use your online advertising to go head-to-head with the big national chains. Local brands can generate digital “game day” LTOs and other incentives to pull customers away from the big TV advertisers and win their own bracket using the power of their online presence.

Our advice – create a customized advertising game plan for your business, find the open spot on the floor, and let ‘er fly! Use the power of multiscreen geo and audience targeting powered by GroundTruth to hit your shots and grow your brand.

GroundTruth helps advertisers leverage real-world behavior to deliver real CTV business results for small, medium, and large brands. To see how GroundTruth drives performance marketing results for its clients, email us at hello@groundtruth.com.

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How To Properly Winterize Your 2023 Ad Campaign https://www.groundtruth.com/insight/winterize-your-2022-and-2023-ad-strategy-now/ Tue, 25 Oct 2022 09:39:00 +0000 https://www.groundtruth.com/?p=457246 Read our tips for preparing a weather-responsive ad campaign strategy. Target the right customers & easily winterize your adverts. Read more.

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As we enjoy the traditions of Fall - pumpkin patches, the changing leaves, apple cider, fall sports, and more, marketers should also be thinking about how upcoming weather conditions will impact the future performance of their advertising. All marketers need to have a weather-responsive advertising strategy in place as we move from fall to winter, and it can start with a simple “temperature check”:

The Fall to Winter Temperature Check

  • Review your creative. Are you sharing content, and images, that dovetail with the weather outside?
  • Audiences shift behaviors as the weather changes. Assess your targeting and make refinements.
  • Know how weather affects your campaign goals. Inclement weather reduces store traffic and drives more online research. Adjust your primary goals to accommodate likely audience behavior.
Once you’ve checked your creative, audience targeting, and campaign goals, it’s time to consider how to leverage digital media to stay ahead of the competition. Having a media strategy that aligns to real-world behavior is your best bet to “winterizing” your ad budget.

Top 3 Considerations When Winterizing Your Ad Strategy

1

Your audience will be indoors more

Fluctuations in weather conditions can turn even the hardiest of outdoor shoppers into homebodies. Cold, rain, or snowy conditions tend to keep most of us indoors where we, in turn, increase our screen time.

To reach your audience during fall and winter, you’ll have to look for them indoors where they’re likely to be consuming video content on connected TVs, tablets, desktops and mobile devices. Placing your targeted ads in video content increases your exposure, and improves brand awareness.

2

Measure everything based on seasonal consumer behavior

In-store traffic is the lifeblood of many businesses. But when the weather changes, it helps to use digital ads to promote online behavior first. Securing and measuring website traffic through relevant, targeted ads can lead to measurable in store traffic, no matter what the weather is like outside.

3

Make sure weather triggers are set to the right conditions

Having weather triggers in your digital campaign is key to eliminating wasted impressions, while ensuring better campaign performance overall. The ability to adjust your ad impressions before, during, or after weather events gives you control over when and where to optimize impressions, based on how your business operates.

Wasted impressions should be a thing of the past by now, yet marketers continue to run campaigns during weather conditions that simply cannot produce the result they need. Marketers should be focusing their impressions on the weather conditions that meet their business goals.

Make sure your business is ready to go with a fully winterized digital advertising strategy, and be in position to succeed no matter what the weather looks like outside! Have any questions about weather targeting and CTV advertising? Feel free to reach out to us here. This article was updated for 2022-2023. The original version was also published on Ad Exchanger in October 2021.

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Pros and Cons of Video Advertising Methods https://www.groundtruth.com/insight/video-advertising-methods-pros-and-cons/ Fri, 23 Sep 2022 08:22:00 +0000 https://www.groundtruth.com/?p=457188 Video marketing helps brands build better connections with audiences & generates stronger consumer awareness. GroundTruth explores which video options are beneficial for your brand.

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Ladies and gentlemen, it’s showtime! From buzzworthy TV shows to useful video tutorials, we’re watching more and more content online every day. In fact, the average US adult watches an average of 5.5 hours of TV and digital video content per day! So, how can you break through all the noise? The answer: your video needs to be in the right spot and target the right audience on any device.

While traditional TV currently captures the majority of our viewing time, many anticipate a changing of the guard in the near future. According to eMarketer, digital video will likely overtake daily linear TV viewing by 2024. Brands are wasting no time jumping on the bandwagon either. With marketing budgets shifting to digital video, ad spending for digital video is expected to grow by $50B between now and 2025 based on IAB’s “2021 Video Ad Spend and 2022 Outlook” report.

While more viewing also means more inventory to serve your ads, not all delivery methods are alike. Below we have listed the two main types of video advertising and laid out the pros and cons to consider as you decide which kind of video delivery is best for your brand.

2 Popular Types of Video Advertising

1

CTV and OTT Video Advertising

A connected TV, also known as CTV, is an internet-connected device a customer uses to watch video/TV content online (think smart TV or Roku device). OTT stands for “over the top,” referring to videos accessible online instead of a traditional cable box or satellite TV (content you view on Netflix or Hulu). While many are quick to leverage CTV and OTT video advertising in their digital marketing strategy, here are some pros and cons to keep in mind:

Pros of CTV/OTT

  • Ads are non-skippable, which means the video completion rates will be high.
  • TV quality content that can be featured in both long and short form.
  • CTV offers big screen delivery, while OTT offers mobile, desktop, tablet and big screen delivery.

Cons of CTV/OTT

  • Higher CPM (cost per mille) than other forms of video advertising.
  • Most inventory is non-clickable.

2

Pre-Roll Video Advertising

A pre-roll refers to video advertisements placed before featured online videos that usually run from 15 seconds to 60 seconds (think YouTube ads). Many consider pre-roll ads to be very practical, but before you commit to this approach, take a look at the pros and cons of pre-roll video advertising:

Pros of Pre-Roll

  • Has an abundance of inventory.
  • Offers an efficient price point.
  • Features CTR (click-through rate) and landing/location page capabilities.

Cons of Pre-Roll

  • Has a lower VCR (video completion rate).
  • Can run in user generated content.

Ready for Your Close Up, Marketers? Connect to Your Audience with Video Marketing

With more organizations incorporating video into their marketing strategies, brands are discovering that video marketing can build better connections with their audience and generate stronger consumer awareness. In order to maximize your video marketing approach, it is important to understand what video delivery options are available and which options are best suited for your brand.

Would you like to learn more about video marketing? Feel free to reach out to GroundTruth so we can help your ad become the star of your next campaign!

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CTV Close Up: How Innovations in Connected TV and OTT are Changing the Game https://www.groundtruth.com/insight/ctv-close-up-how-innovations-in-connected-tv-and-ott-are-changing-the-game/ Wed, 27 Jul 2022 04:56:00 +0000 https://www.groundtruth.com/?p=456930 In this webinar, GroundTruth assessed the current state of the CTV market and looked ahead to trends and conditions that will impact marketing decisions for the remainder of 2022, and what that could mean for 2023 planning.

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CTV Close Up: How Innovations in Connected TV and OTT are Changing the Game

Connected TV is GroundTruth’s fastest-growing ad offering and has been a game-changer for clients across the country. CTV combines high-quality content with digital targeting to drive awareness, engagement, and results across almost every industry.

In this webinar, GroundTruth assessed the current state of the CTV market and looked ahead to trends and conditions that will impact marketing decisions for the remainder of 2022, and what that could mean for 2023 planning.

We also heard directly from experts on how they align budgets to campaign goals, what to look for in terms of performance metrics, how they measure success, and why CTV needs to be part of every digital campaign in today’s consumer landscape.

Watch Replay

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GroundTruth’s Connected TV Calculator: Maximize Your Ad Budget https://www.groundtruth.com/insight/groundtruth-connected-tv-calculator-maximize-your-ad-budget/ Mon, 25 Apr 2022 12:00:21 +0000 https://www.groundtruth.com/?p=448403 Try GroundTruth’s Connected TV (CTV) Calculator to understand if you’re fully maximizing your ad budget.

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GroundTruth’s CTV Calculator

In the ad tech space, it seems like every other article talks about the power of CTV as an advertising vehicle. Big screen sight, sound and motion, huge captive audiences, laser focused targeting, zero impression waste, non-skippable ads, in-spot engagement, and transparent, real time campaign reporting. If you’re a big screen buyer, what’s not to love about CTV, right?

CTV and CPM

The most common challenge for CTV buyers is in making sense of the value delivery potential. CPM (cost per thousand) models for CTV are varied. Some providers offer basic CPM packages, but then slap upcharge fees for targeting features like audience or geography. Entry level CPMs are certainly attractive, they are really just sign spinners designed to get you in the door. The problem is that once you’re inside, those deals can get very expensive, very quickly, as soon as you start asking for targeting. It’s important to know how value can be measured head to head when choosing your partner.

The GroundTruth Advantage – CTV Single-Rate Solution

At GroundTruth, we offer a single rate solution for either CTV or OTT, with no upcharges for targeting or other enhanced features. And since impressions across all CTV providers are purchased from the same inventory pools, working with a DSP like GroundTruth means we can share better rates for premium AVOD inventory. Most CTV resellers have to mark up their inventory because they still need to pay an anonymous 3rd party DSP to serve your campaign. Since everything happens programmatically within the GroundTruth Ads Manager platform, from CTV inventory acquisition to ad serving, we can pass the savings back to our CTV clients. We like doing that, it makes for happier, more successful clients.

The GroundTruth CTV Calculator

To measure the potential value of your CTV buy, start with the total number of impressions your budget will yield. For every single extra impression you can get for your budget, you automatically increase your reach. With that added reach, your increased impression footprint mathematically improves the potential for more store traffic, more website traffic, more in-spot QR code scans, more branded time on screen, and more DTC phone calls. To put it simply, the more impressions you get, the greater your opportunity for success. Doesn’t everyone want more?

The GroundTruth CTV Calculator can help you understand whether or not you are fully maximizing your ad budget. Just plug in your total budget and what your current vendor’s CPM is, and you’ll immediately see how many impressions you’re potentially missing out on.

Everyone wants to squeeze as much performance out of their precious ad dollars as possible, and the more impressions you can collect, the greater your odds of success.

Try the GroundTruth CTV Value Calculator for yourself, and then reach out to sales@groundtruth.com or fill out the contact form below to schedule a planning call.

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Spring Advertising: 3 Tips to Update Your Ad Strategy https://www.groundtruth.com/insight/spring-advertising-three-tips-to-update-your-ad-strategy/ Thu, 21 Apr 2022 12:00:21 +0000 https://www.groundtruth.com/?p=448392 With spring in the air, it’s time to reevaluate your advertising and marketing strategy. Read our 3 tips for updating your spring advertising strategy.

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Spring is here and it’s time to put away the winter gear! With nice weather emerging and springtime flowers blooming, it’s time to do some Spring cleanup, starting with your advertising. Renew your spring advertising strategy.

Here are three important areas you should be evaluating before your creative becomes out of date.

3 Tips for Spring Advertising

Here are three important tips to update your seasonal marketing strategy for spring:

1

Renew Your Creative Assets. First, take a good look at your creatives. Is it resonating with the season: with rebirth, renewal, and anticipation? Or is it the same creative you ran all winter? As the season changes it’s important to look through everything you’ve been running. Assess its value based on its performance over the past season, and decide whether to brighten it up and give your springtime ads some sunshine, or scrap them and build something fresh and new.
2

Update Your Media Plans. Next, look at the different media you’ve been buying. Spring forces all of us to recalibrate our lives, often with intentionally positive outlooks. For example, we start shopping for lighter jackets, we get outside, we attend baseball games and go to concerts and tourist attractions, etc.

INSIGHT: According to GroundTruth’s visitation data, foot traffic to entertainment venues start to increase during the spring and peaks in the heat of the summer. In fact, foot traffic to all entertainment categories (Fig. 1) increased by an average of 30% in July of 2021, with Amusement Parks seeing the largest increase (55% above average). Contextual advertising combined with geotargeting is a high percentage media package to reach Spring shoppers.

Figure 1: Foot traffic data retrieved from GroundTruth’s Lean Entertainment Industry Insights Brief (coming soon!).

Along the same lines, media consumption changes during spring and summer. We spend more time planning fun events we’re excited to go to and buying tickets for the family to enjoy a day at the theme park. We need to make sure media plans incorporate a mix of mobile, tablet, laptop, and CTV to capture those looking for entertainment venues. Our media habits have evolved to utilize the power of accessing digital content on any screen, in any location, so your streaming media plan should incorporate a multi-screen strategy to ensure maximum reach.

3

Consider the Effect of the Weather? The last element to a successful spring media plan is in fact an element! It’s the weather. Optimizing campaigns to adjust for changing weather conditions can be a competitive advantage for any brand. At GroundTruth, weather condition triggers are native to our platform and give our clients the ability to flex or throttle impressions based on dozens of different weather conditions. This ensures that budgets are deployed efficiently, and impressions are not wasted in conditions where real world activities are constrained.

Want to learn about how to approach a winter advertising strategy? Check out How to Winterize Your Advertising Strategy.

If GroundTruth can help with creative tune ups or media planning for the Spring and Summer seasons, let us know.

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How CTV Advertising Will Continue to Disrupt the Game https://www.groundtruth.com/insight/mike-brooks-tom-donoghue-interview/ Thu, 07 Apr 2022 12:00:43 +0000 https://www.groundtruth.com/?p=446058 Mike Brooks & Tom Donoghue chat about the current state of the advertising market and how it relates to CTV and the emergence of convergent TV and QR code advertising.

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How CTV Advertising Will Continue to Disrupt the Game

Earlier this year, during GroundTuth’s 2022 Emerging Tech & Consumer Trends Webinar, Mike Brooks, WeatherBug SVP of Revenue got together with Tom Donoghue, GroundTruth VP of CTV to talk about advertising and its connection to CTV. In this conversation, they talk about the current state of the advertising market and how it relates to the emergence of convergent TV and QR code advertising.

Here’s an overview of some of their key moments in a (virtual) room together.

Question: How can marketers think about the inflection point between linear TV and CTV?

Mike Brooks: “I’ve been fascinated by this evolution of media and there’s so much in the digital space. TV is such a big beast. Everything I hear, everything I read today, talks about this inflection point between CTV and linear. Walk me through where we are from an ecosystem perspective and how I as a marketer can think about those two things.”

Tom Donoghue: “For media context, the first radio ad was run by AT&T over a hundred years ago. Prior to radio, pretty much all advertising was in print. Everything was all paper. Radio opened up the opportunity for others to start playing in the ad space, leading to where we are today.”

“Today, people are starting to make decisions based on the economics of when and where they will be able to watch their program, which is leading us to this ‘cord cutter’ or ‘cord never’ revolution.”

“It’s not even generational. I’m a Boomer and my son is Gen Z. Neither one of us wants to pay for cable when we can get our programming via ad supported OTT or through a subscription plan. The whole media landscape has evolved to create this fragmented moment for advertisers struggling to reach the right people. Popular media platforms today have created millions of channels and opportunities, but everyone is scattered over the landscape. So how do you find your audience? That’s where marketers are struggling, with how to place their budgets and get the best return on ad spend.”

Question: What has the evolution of media been and what can CTV get us?

Mike Brooks: “I think about the change that we have going from linear to connected TV. As we think about linear and connected TV, and how businesses are getting used to new ways of buying, there are technical differentiators in this world where you can do things that you couldn’t do in TV. That’s an enormous driver for businesses as well as a reason for so many people moving over [to connected TV]. Talk to me about that and what CTV gets us.”

Tom Donoghue: “I think that what marketers are coming to grips with is that the ability to measure the value of a spot on linear TV has never really been good in the first place. It’s always just been GRP – reach x frequency-based. It allowed us to be forgiving in linear efficacy and measurement. But that’s where CTV and the big screen starts to weave its way into that narrative: ‘how do you do big screen advertising in a convergent way?”

“Convergent means getting the best of linear TV’s brand shotgun approach and CTV’s targeted approach — where you’re going to get your message out there for what is a reasonably low CPM.”

“With linear TV you get back some reporting that tells you, ‘we think your household reach was x.’ ‘Think’ versus ‘know’ is a dangerous thing for marketers. They need to know. I think that’s where CTV steps in and says, ‘you want to target and measure a specific audience.”

“So let’s say you’re looking for golfers in Northern Jersey who are high-net worth individuals. When you can create an audience and only target them, when you can hit the mark and you can measure it…oh my gosh, you’ve got a win. If you’re buying linear, you need to start thinking about moving some of that budget (not all of it), to connected TV to find that extended reach of “cord cutters” and “cord nevers” who are never going to see your linear spot. I genuinely believe that the meshing of those two mediums is the best solution for big screen marketers today.”

Question: How are you looking at the distribution of your ad dollars to achieve the success you need?

Mike Brooks: “[At WeatherBug], we talk a lot about the line between branding and performance and we need to take a brand medium like that but apply targeting in a cost-effective way. That’s what we’re going for, especially as a brand who is investing a lot in new users, but also wanting to create a brand halo.”

Tom Donoghue: “How do you, as a person in charge of WeatherBug, acquire a broader audience for your weather platform? How are you looking at the distribution of your ad dollars to achieve the success you need?”

Mike Brooks: “I can give you the story of how the immediate planning has evolved over the past few years. Four years ago, our entire media plan was DR. We started to question, ‘what is the value/force multiplier that investing in the brand could drive?’ If you look at us trying to answer that question, and then you look at the weight in our budget, CTV is now taking up 40% of our budget. As we’re thinking about how the brand has evolved and how we’re connecting with consumers, it’s about telling that story and it’s been surprising to me, coming from a heavy DR background, what the halo effect is.

“What happens with branding and with TV and CTV is the conversion rate on your digital increases, so thinking about it in that more balanced way has challenged us to think about developing a more effective media plan and we have gotten better and better over time by including this as part of the story.”

Question: How do QR codes come into play?

Tom Donoghue: “We’ve been running QR codes for our clients on CTV since July of 2021. Our creative team started putting QR codes in spots and lo and behold, people were scanning them. We knew we were on to a good thing!”

“This year, we are lucky because we have upgraded our capabilities and we are now partnered with Flowcode, which is a brilliant technical organization led by some really smart people, and their capabilities are going to further expand our ability to help our clients. The fact is the consumer journey has to invite an intimate step between the spot and the engagement.”

“[An example of Flowcode in action is] I’m at home watching Game of Thrones on CTV. A spot comes on for Mike Brooks Cadillac. There’s a beautiful car and I go, ‘man that’s the car I want,’ and there’s a QR code on the screen, so I’m scanning it, and then it flings me out to Mike Brooks Cadillac and now you’ve got me! We talked about this before and we talked about the cookie-less world and the dissociation of that for marketers. I’ll say this right now:

“If you’re a marketer, you better get your strategy together now because first party data is gonna be the only thing that’s going to save you.”

“The good thing about CTV is, we don’t rely on cookies, so you know we’re fine. We’re relatively agnostic and insulated from that. But the consumer journey has to have some connection point between the CTV spot or television spot for that matter where we can embed the QR code in your TV spot. The beautiful thing is if I do that and I take somebody to Mike Brooks Cadillac, and you say to me, ‘would you be interested in coming in for a test drive?’ and I go, ‘yeah for sure, and then your chat bot or your microsite landing page asks me for my email address, two things have happened:

1: You’ve created a brand-intimate connection with me.
2. You’ve acquired some first party data that you can use.”

Mike Brooks: “That’s where my head was going. Populating the CRM and giving folks an opportunity to self-identify into your business that didn’t have that opportunity before.”

Tom Donoghue: “Customers willingly [reach out to you] because you have targeted them with a spot that is relevant to their interests. If I know that these people are golfers and high-net worth individuals, and they are in the market for a car and I can serve them a Cadillac ad, I’m hitting the bullseye right where I need to hit it. If I get one step further and I say, ‘hey let’s really communicate,’ and I give you the option to do that with a QR code, Bang! Done. First party data and I’ve got an intimate brand relationship.”

“You mentioned search before, Mike, I don’t know what the percentage is… it’s like 90% of people watching TV have their phone on them, and a percentage of them will actually view the ad and then they’ll just go out to Google and they’ll type in, ‘Mike Brooks Cadillac.’ With Search, maybe you’ve been outbid by five of your competitors, or you are below the fold on the SRP for Google, and you have essentially lost your competitive advantage from the TV commercial.”

“With the QR code, you avoid all of that. It’s literally an Uber ride: it’s point to point. It’s a QR code in-spot that leads to your site, and that is exactly what marketers need. They don’t want to thread the needle through a Google search result page that puts them in a competitive environment. I think it just kind of makes sense.”

Question: How can paid search impact how you allocate investments in the big picture?

Mike Brooks: “We think about how paid search integrates with marketing strategies. How can that impact how you allocate investments in the big picture?”

Tom Donoghue: The cost of acquisition is extraordinarily high on paid search. Just legal and financial services is something like $86. Why? To me, in a sophisticated marketing universe where you can isolate the audience you want, pay only for that spot and then achieve the objective that you want, why does money keep flowing towards Google? There are more sophisticated ways to acquire customers than a text based result on a busy page.”

“I mean, 2009 called and they want their marketing budgets back.”

Question: What about the Coinbase QR code?

Mike Brooks: “The other thing to talk about is the Coinbase QR code. They drove 20 million hits in like a minute.”

Tom Donoghue: “You need a hundred million eyeballs in order to get that kind of pull. But twenty percent pull on a 100 million eyeballs is insane. Their ROI was beautiful. They only really wanted people who were committed, so they knew that they were going to get an inordinate amount of draft. But their goal was to get that brand engagement moment on the biggest stage where their dollars were going to generate the right return. I thought it was pretty smart and I think that they’ve opened the door to other brands to be able to use those embedded QR codes in their spots.”

“There is $68 billion being spent on television and there is $19 billion being spent on CTV. That is really encouraging because that shows the playing field is not crowded right now, so if you want to get into CTV, you really have an open playing field to work with. You’re not going to be back to back on a sitcom where there’s like five car dealers or five local advertisers, on CTV it’s just your spot, and then the program comes back. That’s very powerful. I think the budgets will get there and I also know that cord cutters will continue to grow, volume will continue to expand, and that will open up even more avenues of opportunity for marketers.”

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Best Practices: Unlocking Marketing Strategies for Auto and Restaurant Industries https://www.groundtruth.com/insight/best-practices-unlocking-marketing-strategies-for-auto-and-restaurant-industries/ Tue, 22 Mar 2022 14:33:28 +0000 https://www.groundtruth.com/?p=445410 Best Practices: Unlocking Marketing Strategies for Auto and Restaurant Industries What do auto dealers and restaurants have in common? GroundTruth has ready-built solutions created to accurately serve omnichannel media to key audiences, with the end goal of increasing visitation to both categories of business. From driver audiences to drive-thru locations, you will learn effective tactical […]

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Best Practices: Unlocking Marketing Strategies for Auto and Restaurant Industries

What do auto dealers and restaurants have in common? GroundTruth has ready-built solutions created to accurately serve omnichannel media to key audiences, with the end goal of increasing visitation to both categories of business.

From driver audiences to drive-thru locations, you will learn effective tactical strategies to boost awareness, increase consideration, and ultimately steer visits to your business.

In this webinar, we focused on:

  • Key audience segments, ranging from behavioral to custom
  • Innovative targeting tactics that can help you reach and exceed your KPIs
  • Understanding how foot traffic patterns can unlock insights to fuel your overall marketing strategies

Watch Replay

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March Madness: An Opportunity to Leverage Convergent TV https://www.groundtruth.com/insight/leveraging-convergent-tv-advertising-for-small-businesses/ Mon, 21 Mar 2022 12:00:06 +0000 https://www.groundtruth.com/?p=444981 What is convergent TV & how can your small business leverage the intersection between linear TV and CTV? Learn how GroundTruth can help your convergent TV ad strategy.

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How Small Brands Can Leverage Convergent TV During Major TV Events Like March Madness

College basketball fans across the country are gearing up for another epic season of March Madness. If you are a superfan, you will likely be watching every game, and maybe even rewatching a few of the games over streaming services. Along the way, you’ll check your brackets more than you would care to admit and watch countless commercials by some of the biggest brands in the country. You will be part of a captive audience that every advertiser wants to reach. So, it’s no surprise that marketers will spend lots of money to be part of one of the biggest TV moments of the year.

According to CBS, the price range for a 30-second commercial is from “a couple of hundred thousand dollars” for early-round games to “well over two million dollars for the championship game.” Very few brands can afford to run TV ads consistently throughout the tournament with that kind of cost.

The good news? Even if you aren’t one of those brands spending millions on linear TV March Madness ads, you can still score big. Our advice – find the open spot on the floor and let ‘er fly! Meaning, pick your ad spot time, audience, ad format, and activate wisely.

Convergent TV: Merging Linear TV With CTV

Advertising during March Madness and other big seasonal TV moments throughout the year has traditionally been out of reach for smaller to mid-size brands. But the strong emergence of Convergent TV which merges linear TV with CTV has changed all that.

What is Convergent TV?

Convergent TV, one of the hottest topics in advertising right now, is the intersection of linear TV and Connected TV (CTV). Convergent TV, and the analytics it demands, merge the power of linear TV with the zero-waste targeting of CTV, creating cost-efficient TV ad opportunities early adopters are already profiting from. The technology now exists to apply sophisticated digital measurement to linear TV investments, and advertisers are racing to understand how this game-changing strategy can improve measurable outcomes for big screen advertising moments such as March Madness.

Convergent TV: The Perfect Solution for Small Advertising Budgets

If your team is small, and your budget is even smaller, convergent TV could be the answer. Cost-efficiency and strategy are key here:

  • What’s your budget, message, and who are you targeting: national, regional, local, or all three?
  • Are you going to serve ads at the beginning of the tournament (more ad availability, less cost), or;
  • Wait until the Final Four (more expensive, more visibility, less availability)?

GroundTruth’s Solutions for Your Convergent TV Advertising Strategy

At GroundTruth, we’re developing powerful convergent TV solutions that brands can apply today. We believe this is an opportunity for advertisers to think about their big screen investments in a more thoughtful, strategic way. When an advertiser is investing in linear TV, and/or CTV, they need to know what’s producing measurable results, and why. Convergent TV isn’t about measuring impressions, it’s about using data in addressable ways to extend the targeted reach and get better outcomes. Companies like GroundTruth are giving advertisers the data analytics they need to optimize investments that meet cross-screen expectations, across local, regional, and national campaigns.

GroundTruth’s Convergent TV Solution: Linear Visitation Analysis

GroundTruth’s convergent TV model applies the best of our MRC-accredited Ad Technology with the ability to analyze and take action on linear campaign data. We call this solution Linear Visitation Analysis. Just like CTV, we can apply data analysis that shows how a linear campaign can be measured by household exposure, and then take it up a level to show resultant foot traffic attribution.

Running a linear campaign will always deliver broad reach and frequency, but now those attributes can be tied to tangible, location-based traffic results. Linear Visitation Analysis is helping brands optimize and refine their campaigns in real-time, making their big-screen investments more efficient, and their brand messaging more targeted and impactful.

Convergent TV has arrived, and smart brands will recognize the opportunity cross-screen measurability, on linear and CTV, represents to the future of strategic big screen advertising… even beyond March Madness.

To see if GroundTruth can improve your brand’s advertising efficiency, give us a call.

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Is CTV Beneficial for B2B Advertising in 2022? https://www.groundtruth.com/insight/is-ctv-beneficial-for-b2b-advertising-in-2022/ Wed, 23 Feb 2022 13:00:09 +0000 https://www.groundtruth.com/?p=442785 Should CTV be part of your B2B advertising strategy in 2022? GroundTruth outlines the benefits of CTV for your B2B marketing campaigns.

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B2B marketers have always struggled with two key ingredients essential to any online marketing strategy: targeting, and scale. Digital advertising generally solves the “scale side” of the recipe, but targeting has remained a challenge in B2B marketing.

On-Target Audience Delivery with CTV

When B2B advertisers think about their campaign goals, their first step should be to think “audience first.” Unlike linear TV, where the ad buy is content-oriented, audience targeting on Connected TV (CTV) ensures delivery to the right audience, with less waste. Location targeting and behavioral affinity can further refine campaign parameters, leading to a hyper-optimized “on target” delivery via CTV.

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Did you know 25-34 year olds take up the largest CTV user share? Learn more about CTV for 2021 and 2022. Download GroundTruth’s CTV Lean now.

Is CTV beneficial for B2B Advertising in 2022?

Yes, Connected TV is a very beneficial advertising strategy for any B2B business for 2022. CTV can add yet another power play to a B2B ad – attribution. If a campaign goal is lead generation, it’s vital to be able to measure post impression activity in order to assess performance. CTV can track video completion rates, foot traffic, and even on-screen engagement (via embedded QR codes). QR codes are a seamless way to engage a prospect in real-time, and they can be actionable through the entire, non-skippable CTV commercial.

B2B marketers have a huge opportunity in front of them to explore the benefits of CTV in 2022. The targeting, reach, and measurability of CTV can boost local or national B2B marketing efforts, driving better, measurable ROI than traditional media.

To see if Connected TV advertising is right for your B2B business goals, visit GroundTruth’s CTV platform to learn more.

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The 2022 Consumer Brand Journey Starts by Opening the Front Door https://www.groundtruth.com/insight/the-2022-consumer-brand-journey-starts-by-opening-the-front-door/ Tue, 11 Jan 2022 13:00:47 +0000 https://www.groundtruth.com/?p=438970 Advertising should drive awareness, create interest, influence action, and solve a problem. That’s a tall order to do all of that on a TV screen within about 30 seconds. You’ve only got two seconds if it’s on display advertising. If you thought time was a challenge, it’s next to impossible to achieve all of your […]

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Advertising should drive awareness, create interest, influence action, and solve a problem. That’s a tall order to do all of that on a TV screen within about 30 seconds. You’ve only got two seconds if it’s on display advertising. If you thought time was a challenge, it’s next to impossible to achieve all of your objectives, or even one of them, if the audience targeting is inaccurate. And finally, marketers are faced with an environment where most of us are hit with thousands of messages every day! How can a brand breakthrough that clutter to create meaningful customer connections in an always “on” world with short attention spans? The answer might be in looking at creative differently, and thinking about video spots as the “front door” to new consumer discoveries.

The first few seconds of retooled TV creative might be better viewed as a “front door.” This door leads to a deeper, more informative consumer experience. By giving the viewer a reason to come through the door, and having a very specific “ask”, you invite them to take the next step in building a personal connection with the brand. That moment of engagement is the beginning of brand intimacy.

One of the easiest, and yet least applied, ways to achieve this “front door” moment is through the use of the good, old quick response code. Quick response, a.k.a. QR codes were introduced in 1994 to track inventory through a multi-symbol image. Almost 28 years later, the QR code has been revitalized and is starting to have its most important moment in the marketing spotlight. Pre-pandemic, one would be hard-pressed to find someone engaging with QR codes. However, over the past couple of years, smart marketers have been upgrading their creative, and aligning the storytelling value of a 30-second spot, with a digital call-to-action, camped out on a consumer’s TV screen.

In fact, we (GroundTruth) partnered with a major brand just last month that wanted to run their 30-second spot on CTV, targeting pet owners. To tie the ad and the brand’s wealth of pet-related online content, we added a QR code to the ad which read “Learn how to keep your pet safe”. It was positioned on the top border of a custom QR code that was embedded into the video. Suddenly, what was originally an awareness commercial about healthy pet food, was now an invitation to learn more about how to keep pets safe, happy, and healthy. All of this may seem simple, but yet very few “early” adopters have taken advantage of this unique engagement technique. They are the ones who are profiting from building “on the spot” customer relationships and inviting them to have a deeper brand experience.

Can QR Codes Save Linear Advertising?

The humble QR code has the potential to help revive static advertising channels such as linear TV. A 30-second spot can be the entry point to an entirely new model for commerce, simply by moving a viewer from passive to active through a “hold your camera up” moment. Adding QR codes to DRTV spots can also revolutionize data capture and accelerate engagement. Lastly, the QR code can revitalize the time honored offer of a “product sample” offer, while helping brands build powerful first party data.

While linear TV continues to lose viewers, CTV continues to rapidly expand in usage. The advantage of CTV is in the audience targeting, ensuring zero waste in the impression, and a chance to take someone on a deeper brand journey about something they care about. In combination, both linear and CTV can expand brand reach and engagement, and leverage QR codes for an invitation to a deeper experience. Understanding how to move consumers from awareness to engagement has been a vital marketing principle for a long time. With personalized digital advertising moments and something as “old school” as the QR code, we believe that we are on the doorstep. All we need to do is invite viewers, and savvy marketers, to “step-through” the front door.

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Don’t Wait to Winterize Your Advertising Strategy https://www.groundtruth.com/insight/dont-wait-to-winterize-your-advertising-strategy/ Wed, 22 Sep 2021 12:00:35 +0000 https://www.groundtruth.com/?p=428711 As we all get set to enjoy the traditions of fall such as watching the leaves turn colors, visiting the pumpkin patch with the kids, and enjoying one too many pumpkin spice lattes, marketers should also be thinking about how changing weather conditions could impact the performance of their advertising. In fact, the winter storm […]

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As we all get set to enjoy the traditions of fall such as watching the leaves turn colors, visiting the pumpkin patch with the kids, and enjoying one too many pumpkin spice lattes, marketers should also be thinking about how changing weather conditions could impact the performance of their advertising.

In fact, the winter storm that ripped across much of the United States in early February, which forced Wal-mart to close as many as 500 stores across the South and Midwest (New York Times) is a stern reminder for all marketers to have a winter-proof advertising strategy in place this holiday season. Having the flexibility to pause or even activate in certain weather conditions will be vital to success as brands also face shifting consumer behaviors amid the COVID-19 Delta variant.

Here are three things to “winterize” when building your advertising strategy for the fall and winter seasons:

1

Follow your audience indoors. Fluctuations in weather conditions turn even the hardiest of outdoor shoppers into “online first” researchers. Cold, rainy, or snowy conditions tend to keep most of us indoors, where we increase our screen time.

INSIGHT: If you want to reach your audience during fall and winter, you’ll have to look for them indoors, where they are likely to be consuming ‘on-demand’ content on connected TVs, tablets, desktops, and mobile devices. Moving some of your linear TV budget towards geo-contextual CTV advertising means better targeting, less wasted impressions, and more measurable ROI.
2

Rain or shine. Whether your business increases or decreases during inclement weather, it’s crucial to have weather condition triggers in place that optimize the delivery of your advertising when it’s most likely to have a positive impact on your bottom line.

For example, if you own a collision center, flex your ad impressions ahead of, during, and immediately after a snowstorm when vehicle owners are more likely to need your services. If you own a furniture store, consider pausing your campaign during storm conditions when you know foot traffic drops off. Save those impressions for a nicer day when consumers are more likely to venture out.

INSIGHT: Wasting impressions should be a thing of the past by now, yet marketers continue to run campaigns in weather conditions that simply cannot produce the result they need. Marketers should be focusing their impressions on the weather conditions that meet their business goals. This includes working with a digital marketing partner that has weather triggering capability embedded in its ad serving platform.
3

More Snowbirds take flight this winter. While 2020 showed a drop in Snowbird travel from north to south and west, 2021 appears to be moving back to pre-pandemic travel volumes. According to the Wall Street Journal, about 90% of the estimated 1 million snowbirds who travel annually from Canada say they will head for warmer areas compared with 30% last year. This important shift in travel to warmer climates creates expanded local opportunities for the entertainment, dining, and recreation segments.

INSIGHT: For marketers who want to reach this growing audience it will be important to stay engaged with them throughout the winter by using personalized advertising based on their behavior and visitation patterns within their home location.

Winterize your advertising now, and put your business in a position to succeed, no matter what the weather looks like outside!

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