Roku Is Ready For Primetime With Reach Guarantee Package
In a test campaign, total household reach beat a top 5 cable network by 15%
Going after the lucrative heart of the TV ad sales business, Roku is promising to reach viewers during prime time (8 p.m. to 11 p.m. local time) with The Roku Channel and other top channels on its platform.
Streamers have long promised viewers they can watch whatever they want, whenever they want. And some advertisers are happy to reach consumers whenever they’re awake and watching TV.
But for advertisers that believe it’s important to deliver their message after dinner and before bed, but don’t want to pay broadcast and cable networks as their viewership shrinks, Roku has come up with its Primetime Reach Guarantee.
Also Read: Roku Using First-Party Retail Data From Best Buy To Target Ads
In time for the upfront market, Roku says advertisers can pick a date and Roku will prioritize delivery of ads to unique households across the Roku Channel and other channels on the platform during primetime.
Roku said that in a pilot program with a financial services brand, Roku reached more TV households during the one-day flight during primetime than an average program on a top-5 cable network.
Total household reach was 15% greater with Roku, helping the brand reach more potential customers, Roku said.
"This is a best-of-both-worlds solution to make brands unmissable,” Kristina Shepard, Roku co-head of U.S. brand sales, said. “TV streaming has long brought precision and measurement to the largest screen in the home. Now, marketers can launch campaigns knowing they will deliver meaningful reach and impact quickly, too.”
The Primetime Reach Guarantee must be bought from Roku directly or programmatically through Roku’s OneView platform. With 70 million active accounts, Roku said it now has the kind of scale that made cable popular with advertisers before cord-cutting eroded cable’s audience.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.