OACT2021: Plugging the gap of measurability

The two-day OTT-CTV advertising summit was held on 7 and 8 October

Mumbai: The burgeoning of OTT content consumption in the past couple of years fuelled a proportional increase in the demand for third-party viewership data which, in turn, led to the proliferation of tools and technology available for digital measurement. Some of the important trends and challenges that emerged as a result of these developments were discussed at the OTT Advertising and Connected TV Summit organised by on 7 and 8 October. The two-day event was powered by Mediasmart, an Affle Company and summit partner The Q.

During the session titled ‘Plugging the gap of measurability’ the expert panel comprising of Integral Ad Science- India Country Head, VP Engineering & Operations - Mehul Desai, DoubleVerify- head of sales, India, Nachiket Deole, Synamedia- principal product manager, Advanced Advertising – Synamedia, Daniel Wohlfart, and Nielsen Media India MD, Dolly Jha shed light on why digital measurement cannot be a simple ‘plug and play' game, and the need for evolving metrics, for data sharing as well as well-thought-out measurement strategies optimised for through-the-funnel advertising. The discussion was moderated by Madison World, Madison Media Sigma CEO Vanita Keswani.

Sharing some stark facts to explain the emergence of fraud prevention as the top trend in the digital measurement space, Integral Ad Science’s Mehul Desai said, “Annually, close to 35 billion advertising dollars are lost to global ad fraud. It is the second biggest industry, after drugs, in terms of organised crime.” Daniel Wohlfart further pointed out that “almost every ad campaign in Europe comes with a built-in requirement for ad verification by third-party.”

In the Indian context where OTT measurement is in the early stages and many advertisers are starting out on their digital journeys, trends point towards increasing awareness on the issue.

At Neilsen, measuring the percentage of ad fraud is one of the deliverables on every campaign, yet “not more than 25-30 per cent of ad spends are getting measured currently,” observed Dolly Jha. She added that systematic and consistent measurement of ROIs, the technology and tools for which exist and are being implemented as well, has to be set in to scale up ad fraud prevention, attributions, data sharing, and other aspects of OTT measurement.

As Desai indicated the growing importance of brand suitability for a particular ad environment and context matching in a world where “advertising has changed from being persona and user-driven to being context-driven”, Nachiket Deole of DoubleVerify shared his understanding of marketers moving beyond traditional metrics such as CTR, VTR, CPRP, and even polls and attributions to measure the impact of consumer action in real-time – how consumers are responding to/engaging with their campaigns. “We always recommend our clients to optimise campaigns on all aspects – ad fraud, viewability, brand safety. Every single impression must pass through all three quality parameters for it to become a quality impression and deliver results.” 

With the above, almost all components for evolving a third-party cross-platform digital measurement ecosystem - the demand for which is seeing a significant push from advertisers across categories, are in place, except the industry has to work around accessing, and not breaching, the Walled Gardens. Jha shared that while there has been some tight-fisting from expected quarters “the number of publishers that have come on board for measurement at Nielsen in the past nearly 18 months has been phenomenal.”

Concerted efforts are needed to sustain this extremely positive development towards the inevitable goal. “There is increasing awareness among the walled gardens and independent broadcasters/publishers of third-party cross-platform measurement as a thing that advertisers want to achieve. The unique identifiers that these broadcasters have are their most valuable asset; naturally, they want to be able to monetise as well as safeguard it. As platform providers, it is important for us to convince and enable them – through tech and tools – to buy at their own standards, because otherwise, the budgets are just not there,” Synamedia’s Wohlfart explained in his closing remarks to the session.

Latest Reads
HUL top advertiser in week 46: Barc

FMCG firms beginning with Hindustan Lever Ltd dominated the top-10 advertiser list in week 46 (13 to 19 November) according to Broadcast Audience Research Council (Barc) data. Recorded ad volumes for the company stood at 4486.09 (‘000s). Reckitt Benckiser (India) Ltd was second at 3462.72 (‘000s).

Television TV Channels Viewership
Star Plus regains top spot in week 46: Barc

Star Plus regained the top spot after a gap of two weeks as per Broadcast Audience Research Council (Barc) data for week 46 (13 to 19 November). The channel garnered weekly AMAs of 2726.35 (‘000s).

Television TV Channels Viewership
Times Now, Mirror Now to air docu-series on formation of Bangladesh

Times Chronicles, the content studio from Times Network has launched "1971 Birth of a Nation," a documentary series on India post-independence. The seven-part docu-series will begin airing on 27 November on Times Now and Times Now World starting at 6 p.m and Mirror Now starting at 7:30 p.m.

Television TV Channels Viewership
Right time for the LCO ecosystem to reinvent itself: Jio Platforms' Saurabh Sancheti

Mumbai: Saurabh Sancheti, the young and dynamic CFO of Jio Platfroms, and one of Fortune India’s 40 under 40 has been instrumental in scripting the success story of Reliance’s Cable business post its acquisition of two largest cable TV and broadband companies in the country - Hathway Cable &...

Television TV Channels People
Sony Sports ropes in five sponsors for ‘The Ashes 2021’

Mumbai: Sony Pictures Sports Network (SPSN) is set to telecast ‘The Ashes 2021’ live from 8 December. The broadcaster has roped in BYJU’s, Policy Bazaar, Siggnature Elaichi, Bosch Appliances, Dafa News as sponsors. The series will be aired on Sony Six (English), Sony Ten 3 (Hindi), and Sony Ten 4 (...

Television TV Channels Sports
ICC Men’s T20 World Cup '21 garners reach of 167 million on TV

Mumbai: The ICC Men’s T20 World Cup 2021 garnered a reach of 167 million on TV. The event staged in the UAE and Oman, broke viewership records in several regions, including India, as per data shared by the cricket governing body. There was nearly 10,000 hours of live coverage of the tournament...

Television TV Channels Sports
TV9 Network onboards Munaf Merchant as VP - sales

Noida: As part of its aggressive expansion plans, TV9 Digital has strengthened its digital sales team further and onboarded Munaf Merchant as vice president – sales. Merchant will be responsible for building and driving direct revenue streams that cater to the TV9 Digital platforms bouquet. He will...

Television TV Channels Viewership
Zee 24 Taas to host 'Udaan - Dare to Dream'

Zee 24 Taas is set to host 'Udaan – Dare to Dream' event that aims to shine a light on emerging businesses that are achieving excellence through innovation. The event will celebrate and acknowledge the inspiring stories of achievers, champions, and entrepreneurs who have exemplified leadership,...

Television TV Channels Regional
iTV Network launches NewsX Kannada news portal

One of India’s largest news networks iTV Network on Thursday launched in Bengaluru in the presence of Karnataka chief minister Shri Basavaraj Bommai.

Television TV Channels Regional

Sign up for our Newsletter

subscribe for latest stories

* indicates required