New Report: Programmatic Transparency Key to Growing CTV Revenue
PubMatic (Nasdaq: PUBM) released findings from a study titled “Transparency Will Bring More Spend to CTV/OTT,” conducted with Advertiser Perceptions. The report indicates that 62% of US brands and 82% of UK brands would increase their media spend with partners providing Content Object signals. Additionally, a significant number of advertisers are willing to pay more for transparency, with 57% in the US and 64% in the UK agreeing to this. The research emphasizes that these signals enhance transparency in programmatic media buys, encouraging advertisers to shift budgets from linear TV to CTV/OTT.
- 62% of US brands and 82% of UK brands would increase media spending with publishers offering Content Object signals.
- 57% of US advertisers and 64% of UK advertisers are willing to pay a premium for transparency in media placements.
- Two-thirds of US advertisers and 78% of UK advertisers are more likely to shift budgets from linear TV to CTV/OTT due to Content Object signals.
- Only about half of US advertisers and 60% of UK advertisers currently use Content Object in their media buys.
The Majority of Global Brands Would Increase Media Spend with Publishers that Provide Content Object Signals
NO-HEADQUARTERS/REDWOOD CITY, Calif., Sept. 27, 2022 (GLOBE NEWSWIRE) -- PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, announced findings from a new report commissioned in partnership with Advertiser Perceptions entitled “Transparency Will Bring More Spend to CTV/OTT.” The study exposes the opportunity that transparency brings to both advertisers and publishers on CTV media inventory. Brands gain increased transparency via robust data signals, such as Content Object, about the content and context of media placements, in turn increasing demand for the publishers that provide additional transparency.
62% of US brands and82% of UK brands agree that they would increase their spend with partners that provide data such as Content Object signals.- Most advertisers are willing to pay a premium for the transparency that Content Object signals afford them, including
57% in the US and64% in the UK. - Two-thirds of advertisers surveyed in the US and
78% in the UK said the presence of Content Object signals would make them more willing to shift budget from linear TV to CTV/OTT video ads.
“This study proves the critical value of transparency to increase demand for programmatic CTV. The supply chain of the future uses data to bring advertisers closer to their audiences, in turn creating more demand for publishers,” said Nicole Scaglione, VP of CTV and OTT Business at PubMatic. “In particular, Content Object provides a key path for publishers to share signals that give media buyers the contextual information they need to meet campaign goals and spend more in CTV.”
Advertiser Perceptions also found that seven in ten advertisers surveyed in the US and even more in the UK agreed that using Content Object to share information is useful for transparency, and in-depth interviews revealed that Content Object signals are critical for advertisers to understand what they have actually purchased. Advertisers surveyed said they would increase their spend with partners that provide Content Object signals, which increase the transparency of programmatic media buys. However, only about half of advertisers in the US and six in ten in the UK currently use Content Object in their media buys.
“Programmatic CTV gives advertisers more targeting options, better measurability, and real-time decisioning. Our research shows that adding signals such as category and genre drive brands to increase spend, shifting from linear and other channels,” said Nicole Perrin, VP of Business Intelligence at Advertiser Perceptions.
Download the study here: https://pubmatic.com/reports/ctv-transparency-report.
Research Methodology
PubMatic commissioned Advertiser Perceptions to survey 200 US advertisers and 100 UK advertisers from their Ad Pros Community from June 21 through July 12, 2022, as well as to conduct 4 phone interviews in August 2022, about CTV and OTT video ad buying, transparency and Content Object signals. These advertisers spend a minimum of
About Advertiser Perceptions
Advertiser Perceptions is the global leader in research-based business intelligence for the advertising, marketing, and ad technology industries. Our expert staff delivers an unbiased, research-based view of the advertising market with analysis and solutions tailored to clients’ specific KPIs and business objectives. These insights provide clients with the confidence to make the very best organizational, sales and marketing decisions, driving greater revenue and increased client satisfaction
About PubMatic
PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.
Press Contact:
Broadsheet Communications for PubMatic
pubmaticteam@broadsheetcomms.com
(917) 826-1103
FAQ
What does PubMatic's study reveal about media spending?
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What percentage of advertisers would shift budgets from linear TV to CTV/OTT due to Content Object signals?
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