How Engagement Can Add Up
And while these are all pertinent to the discussion, it seems to be counterproductive to be talking about engagement while ignoring two equally important components of it: viewer intent. And, the creative itself.
On most digital platforms engagement appears to be a sum game, requiring three very distinct components for it to be able to exist at all. These three components are exposure to the message, viewer control of the message, and involvement in the message itself.
Exposure to the message obviously needs to occur first. While a forced exposure -- pre-roll or in-stream on digital platforms --will certainly guarantee more eyeballs to the message, whether it delivers engagement or entrapment is open to debate.
For engagement to be measured, it's the viewer's intent, not the advertiser's intent,
that's most important. To measure viewer intent, viewers need the ability to avoid
commercials that they don't want to watch, as well as access those that they do.
Giving the viewer this control allows their intent to become explicit, and therefore, measurable.
Once the viewer is in control, view duration of the message depends on the message itself: How it's crafted. The selling proposition. What it says. The entertainment value.
Most advertisers, of course, would like viewers to watch the entire message. After all, if an advertiser spends the money to produce say, a 60-second spot, they must assume that all 60-seconds ads are valuable. Otherwise, they would have produced something shorter.
As each second costs the same to produce, the longer that viewers are involved in a commercial, the better the cost/value for the advertiser.
Add up these three components -- exposure, intent and involvement -- and the equation looks something like this: Engagement = Exposure + Intent + Involvement
What's interesting about this equation is that each of the three components is provided by a different entity.
Exposure is provided by the programmer, bought and paid for through a media agency.
Intent is provided through the control that the platform operator gives the viewer.
As for involvement, it will, or will not occur mostly due to the efforts of the creative agency that crafts the commercial.
Separating the responsibility for each of the components also allows us to separate the accountability for each component.
In this equation, programmers are not responsible for involvement, the creative agencies are. Platform operators are not accountable for exposure or impressions. That's the programmer's responsibility, to create the type of content that draws viewers.
What platform operators are responsible for is giving control to the viewer so that intent can be measured. Viewer intent becomes the pivot point that triggers the transference of accountability from the programmer to the creative agency.
If accountability can be transferred from programmer to creative agency, then advertisers will be able to pay each for what they are responsible for. And, in turn, pay the platform operators for giving them the ability to achieve this.
Dividing engagement into three separate components allows the responsibility for engagement to be properly assigned. And once responsibility is assigned, the financial models can, and will, follow.
Which offers this new math of engagement a chance to add up in more ways than one.
Recent Video Insider Articles
-
Video Drives Up To 35% Sales Bump For CPG Brands May 23, 3:47 p.m.
The age-old question about advertising is which half is working, but the more important one may ...
-
The NewFronts Bring A New Day -- What's Next? May 21, 10:53 p.m.
At the end of every NewFront week, our industry asks the same question: Has digital video ...
-
Online Advertising: The Era Of Lowered Expectations May 21, 1:01 p.m.
Eric Schmidt dubbed advertising the last bastion of unaccountability in corporate America, and judging by the ...
-
Three Lessons Digital Video Advertisers Should Learn from Direct Marketing May 20, 6:13 p.m.
As a consumer, I often see pre-roll ads on my phone, Roku, Wii, tablet and PC. ...
-
Once Again: Are You STILL Making These Fatal Video Content Mistakes? May 17, 11:10 a.m.
No one plans to make bad marketing videos. Yet, the majority of them ARE bad. And ...
-
Cable and Broadcast in TV Everywhere's Bed; In-Stream Engagement Strong May 16, 10:10 a.m.
Perhaps the most important story to emerge from the TV upfronts isn’t the next hot hour-long ...
-
What If Yahoo Bought TV Guide? May 15, 9:50 a.m.
I may be dating myself here, but I still remember when families sifted through the print ...
-
Mister Rogers: No Tattoos, But Wisdom To Spare May 14, 12:53 p.m.
Ten years after his death in 2003, Fred Rogers -- aka Mister Rogers -- is back ...
-
Content Is Consuming Us: If You Can't Beat 'Em, Join 'Em May 13, 12:53 p.m.
Two years ago, the inventor of the Web browser Marc Andreessen commented that software is eating ...
-
People Are People Are People: The Future Of Video May 10, 10:44 a.m.
“I think I just passed by Sarah Jessica Parker, and btw I’m much taller than her,” ...


Be the first to comment on "How Engagement Can Add Up "
Leave a Comment