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Videology Sees Increase in Advanced Ad Spending

Advertising software provider Videology says it has seen a 273% increase in spending on advanced advertising campaigns using linear TV over the last 12 months.

Videology also said there has been an 840% increase in the number of linear TV impressions available to be bought and sold using programmatic technology.

Increasingly these campaigns are using first-party data to target specific audiences. Videology says more than 28% of campaigns use first-party data—including past purchase history, website visits, registration data and loyalty data.

“Brands and agencies have a huge amount of owned data, created through their direct relationship with consumers,” said Scott Ferber, founder and CEO, Videology. “By layering this first-party customer data into TV campaigns, brands deliver a far more tailored and granular advertising experience, ultimately resulting in greater ROI on their ad spend. This should be, and is becoming, a priority for anyone with access to owned data. I expect we will see this trend grow exponentially in the coming years.”

Videology also said it saw an 11% increase in digital video advertising that was screen agnostic. Digital campaigns aiming at the PC alone continued to fall, dropping to 6% to 9%.

(Photo via FamZoo Staff's FlickrImage taken on May 25, 2016 and used per Creative Commons 2.0 license. The photo was cropped to fit 9x16 aspect ratio.)