Online Video Maturing as Supplement to TV Advertising, comScore Says13 Jun, 2012 By: Jackie Jones
RESTON, Va. – As advertising platforms continue to evolve and grow, advertisers must find new and innovative ways to survive upfronts in a cross-media world, according to the latest advisory from comScore Inc.
comScore recently released a new report examining the maturation of the online video market as a supplement to traditional television advertising and the effectiveness of cross-media campaigns in television programming.
“With the digital upfronts in their second year, more advertisers are considering adding digital video to their media mix in long-form TV programming and short-form video,” said Judy Bahary, senior vice president of marketing solutions at comScore. “Our research shows an incredible synergy between TV and digital video formats when used together in cross-media campaigns, driving effectiveness levels higher than either medium used on its own. As the online video market continues to develop, we should see it evolve from its current supporting role to an essential part of media planning in the annual upfronts.”
comScore’s report also provided insights for advertisers, agencies and media buyers who are considering incorporating digital video formats to their media mix.
“The online video audience has reached a point of near saturation at approximately 180 million monthly unique visitors, but average engagement levels are rising as it continues to play a more prominent role in the online experience,” comScore’s report read. “Adding a digital video component to a TV media plan can increase the effective reach of the campaign in a very efficient manner.”
“Multiscreen consumers are a fast-growing segment and need to be marketed to on multiple screens in order for campaigns to achieve optimal reach and frequency levels. Younger age segments are generally more receptive to digital advertising than TV, highlighting the importance of incorporating digital video into the media buying and planning process,” comScore added. “Digital video ad formats are just as effective as TV ads. But TV and digital video have a synergistic effect when used together, making this media mix more effective than either one on its own.”