In a world of video there are so many terms out there. Video, OTT, Linear TV, Cable TV, Broadcast TV, CTV, ATV, Pre-roll and more! Hence the confusion.
In a recent study by Borrell Associates, more than 50% of small and medium-sized businesses DO NOT know what OTT is. That is a staggering number.
Part of the confusion lies in that even the people selling OTT do not know what it is. The main issue is that OTT is an umbrella term. That umbrella term means video programming transmitted via the Internet, which bypasses traditional cable or broadcast (linear) distribution. It can be consumed on any device including computers, mobile devices, and Connected (Smart) TVs. So, does that mean really any video programming not shown on traditional or cable connection is OTT? It’s a vague definition.
At WEM, all our OTT inventory runs on Connected TV’s (CTV); which is the premium and most preferred inventory. eMarketer reports that 95% of marketers reported CTV achieved desired key performance indicators and it is the most used device to stream programming…so wouldn’t you want your ads to appear here?
Plus, studies show 83% of households have at least one Connected TV and that 57% of Connected TV users see ads for products they are interested in.
If you are considering purchasing or including OTT in your campaign, you should ask these questions:
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What percentage of your OTT impressions run on TVs?
At WEM, 100% is served on Connected TVs,
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What percentage of my impressions will just run on your website?
If the ads run here, THIS IS NOT OTT. That is likely video pre-roll.
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Do your reports show completion graphs?
This means how many people watched 25%, 50%, 75% or 100% of the commercial. Our average is 98% because it is on Connected TV’s,
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Can you serve OTT impressions to a targeted database list I have of addresses or emails?
Not only can we behavioral target from over 100,000 categories, we can also target a database of addresses or emails; not just cable subscribers that cable companies would tout.
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Do you buy FireTV or Amazon OTT inventory?