DOOH is not CTV. And that's a good thing for DOOH and CTV.
DOOH is not CTV and understanding 'Why' is the key to actually selling more DOOH.
Environment and Context:
DOOH refers to digital advertising that appears on physical screens in public or semi-public spaces, such as billboards, transit screens, or digital signage in retail locations. The context of DOOH is the real world, where ads are part of the environment that people pass by or interact with as they go about their daily activities. This makes DOOH an extension of the traditional out-of-home advertising that has long been a staple of brand marketing, operating within the established infrastructure of physical spaces.
CTV, on the other hand, is digital advertising delivered via internet-connected TVs, where ads are shown alongside or within streamed content. The context of CTV is the home or personal viewing space, where individuals have opted-in to watch self-selected video content. CTV offers a digital analog to the trusted broadcast and linear TV that media buyers are familiar with. That familiarity and existing relationships provide a seamless transition for buyers to be more targeted and performance-driven with a format they know and trust.
Targeting and Data
DOOH uses location-based targeting and sometimes leverages anonymized data from mobile devices to reach audiences in specific physical locations. The targeting is often broader and context-driven, aiming to reach people based on their physical location and behavior patterns in the real world, that is - context. Media buying in this space doesn't necessarily lack advanced targeting capabilities; rather, it operates within a framework where broad, contextually relevant targeting is the norm, and the infrastructure to support this type of targeting is well-established. The power of broadcast media is to reach a lot of people, at the same time, with a unified message, efficiently.
CTV benefits from more granular audience targeting, leveraging household-level data or individual user profiles to deliver highly targeted ads, however, that's not how everyone is buying it. The data-driven approach of CTV allows for more personalized ad experiences based on viewing habits, demographics, and other user data collected through streaming platforms but CTV also offers first-party data (1PD) verification, the known location of screens (in someone's living room), and the trust of major media companies with decades of historical performance. This is all part of the "Investment Confidence" equation.
Have you ever heard the saying - "Nobody Gets Fired For Buying IBM"
In this case, CTV is IBM. And that's critical to understand because it will save you from saying things like "DOOH is CTV". In fact, by understanding it, you'll be better equipped to educate buyers on the superpowers of DOOH.
Now can you repurpose CTV creative on DOOH networks? Sure. +1
But what about First Party Data (1PD)?
1PD refers to data collected directly from users by the platforms or publishers themselves, offering advertisers the ability to reconcile critical metrics like incremental reach, contribution, and other outcome-based insights.
Strength: CTV leverages 1PD to understand reach/incremental reach before buying a dollar of media. Advertisers can target customers based on detailed data such as viewing habits, demographic profiles, purchase history, and personal preferences, all in a privacy-friendly (and compliant) way. This allows CTV to deliver personalized ads, ideally leading to higher engagement and conversion rates, further increasing Investment Confidence.
Advantage of 1PD: The use of 1PD in CTV means that advertisers can create segments and deliver ads tailored to specific households or even individual users, allowing marketers to (ideally) be more precise and more efficient in delivering their message.
Efficiency Consideration: However, while CTV’s strength may lie in precision and personalization, efficiency—in terms of cost and reach—is arguably the superpower of DOOH.
Why Efficiency is DOOH’s Superpower
Measurement and Attribution
DOOH
DOOH doesn't have a measurement problem, DOOH has an "understanding the conversation" problem.
But what does "Measurement" mean to marketers? It has two parts.
Attribution
Contribution
Key Difference
How to Sell DOOH with CTV
Leverage DOOH’s High Impact in Key Locations
Position DOOH as a Cost-Effective Way to Boost Brand Awareness
Emphasize the Synergy of Multi-Screen Exposure
Promote DOOH’s Role in Driving Immediate Action
What To Do Next
Double-down on DOOH’s broad reach, high impact, cost efficiency, multi-screen synergy, and ability to drive immediate action complement the precision and personalization of CTV. You'll be more credible, more helpful to buyers, and may even sell a little more along the way.
Register for OOH Insider LIVE! in NYC on September 12th Powered by Placer.ai here: https://lu.ma/f2oivhcm
CEO @ 3ROCK GLOBAL | Increasing impact, attention and sales for brands around the world with innovative 3D and AR solutions.
2 个月Love this. We often talk about the impact DOOH campaigns have by themselves, but they can also be valuable additions to any multichannel campaign.
Founder @Venga!Labs - Repeat Entrepreneur - Angel Investor #entrepreneurship #startups #cx #saas #ecommerce #adtech
3 个月Olivier Jasmin
This piece is everything! Loved the part where you say "while CTV's strengths may lie in precision and personalization, efficiency—in terms of cost and reach—is arguably the superpower of DOOH." This is what we're trying to merge at VenuEx though. Bringing the power of CTV and DOOH together in the form of TVOOH so that marketers can capitalize on audience + context + venue. Check us out @ https://www.elementaltv.com/venuex
CEO at JPG Media. Patented Inventor. Entrepreneurs Organization member.
3 个月The copywriting had me ????
Founder/CEO @ Luzo Digital Network & Media Limited | Business Development
3 个月This is a deep and insightful contribution to this raging knowledge, Tim Rowe . Thank you. It is quite helpful and illuminating.