A new cross-platform video identification system is being readied for testing at the start of the 2012-13 fall season.
The upcoming test of the system, known as TAXI (Trackable
Asset Cross-Platform Identifier) was disclosed at a meeting in New York Tuesday put together by the Coalition For Innovative Media Measurement (CIMM), the Association of National Advertisers
(ANA), the Advertising Research Foundation (ARF) and the American Association of Advertising Agencies (4As). The meeting attracted several hundred attendees.
The focus of the meeting was the
difficulty that the industry is having accurately measuring video content as it migrates across a growing array of devices and channels, including TV, online, tablets, smartphones and video-on-demand
systems.
The TAXI project is being spearheaded by Ernst & Young, with funding from CIMM, the 4As and the ANA.
David Kohl, advertising lead, Media & Entertainment Advisory
Practice, Ernst & Young, described TAXI as a UPC Code-type system that keeps track of programming and advertising content as they migrate across different viewing platforms.
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One of
the issues with current content identification systems, said Kohl, is that programs and ads are usually embedded with different identifiers for each platform. Thus, a broadcast network show will have
one ID code for its broadcast run, another if it is licensed to Hulu and additional codes for cable VOD, the iPad, etc. The problem is, said Kohl, “they don’t talk to each other, and
it’s created a big mess.”
That mess, as Kohl puts it, has prevented ad agencies from tracking the most effective ad platforms and has inhibited networks from licensing content
libraries for fear that they will undervalue the programs in the marketplace. “One simple standard is the way” to overcome many of the current problems, he said.
The full
lineup of companies taking part in the test is yet to be determined, said Kohl, adding that he is looking for greater industry participation.
Others at the meeting stressed that the
industry must make better measurement a top priority. Nancy Hill, president of the 4As, said that agencies are under huge profit-margin pressure and that better tools for measuring cross-platform
viewing are of “the utmost importance to reduce costs.”
“Here we are in the digital age,” added ARF president Bob Barocci, “and what we don’t know seems to
outweigh what we do know.” The rapid development of new platforms and devices, he said, has pretty much obliterated what was once an “orderly process with defined metrics.” The
industry needs a “uniform process,” and one that is built to digital-age specifications and not reliant on traditional mass media exposure metrics.
Patti Wakeling, global media
insights director at Unilever, agreed. She said current tools are not adequate for measuring the way people view content, often focusing on numerous devices simultaneously: the TV, a computer,
smartphone or tablet. She concluded that marketers have an “inability to plan, prep, measure and monetize assets across the media landscape.”
There are many questions and answers
that brands have about media, Wakeling said -- such as the differences in ROI between phones, gaming, tablets and other online activities. Or the differences in effectiveness levels between various ad
formats, such as display with embedded video versus pre-roll ads.