VideoAmp is working with LiveRamp as it rolls out a new product called TV Viewership Audiences.
With more advertisers switching from demographic targeting to people-based targeting, TV Video Audiences help buyers and marketers bring first party data to linear TV planning, buying and optimization and combine it with digital metrics and identities to optimize cross-channel campaigns.
VideoAmp is making the data-based audience segments it identifies using automatic content recognition technology and viewing information from set-top boxes, available to be used on other platforms.
VideoAmp’s advanced planning system has handled more than $10 billion in media investment since last April. Now VideoAmp’s custom TV Viewership Audiences updates TV exposure data continually, ensuring that campaigns are building incremental reach while controlling over-exposure.
The LiveRamp Data store connects the audiences segments to other platforms, said Jay Prasad, VideoAmp’s chief strategy officer. “VideoAmp is also using LiveRamp’s Identity Link to augment and validate its digital graph, giving it more scale."
“There’s a new type of custom viewership segment that’s going to have a lot of utility in different use cases and the data store makes it easy for us to match it to other partners,” Prasad said.
“What we’re doing with IdentityLink is really helping bring the idea of people-powered television to scale. So you can bring first-party data, match it into this infrastructure and now you’re able to look at how to plan and optimize TV plus digital in one system and do it much more at a person and event level,” he said.
VideoAmp says its customers are already using the new segments and are getting better results and improving their return on ad spend via the company’s TV Maximizer and TV Tune-In solutions.
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.
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