Television advertising
is the standard bearer for “traditional” trading, but marketers are rapidly introducing new technologies to make TV ad-buying new again. How well the reinvention works and how far it can
go remain to be seen, but there’s no denying that Madison Ave.’s shift toward audience-buying has infiltrated TV.
Case in point: Turn, a demand-side platform (DSP), on Tuesday
announced a partnership with AudienceXpress, a programmatic TV ad buying platform. Turn made its first moves in the “programmatic TV” space in May and just last week struck a partnership with AdMore, another automated TV ad buying
platform.
So why the push? Paul Alfieri, senior vice president of marketing at Turn, said in a statement that “marketers are increasingly looking to apply audience data and insights to
all channels -- including television,” pointing out that “data-driven TV is on the rise.”
He’s not wrong. About 8% of ad buyers are currently using programmatic (read:
data-driven audience-buying) for TV advertising, per a recent AOL survey.
According to the same study, the use of programmatic for TV is expected to rise by another 12% in the next six months.
A recent Audience Buying Insider piece stated that “TV automation is already here,” and that “the
right discussion is not if TV can be automated, but which ad tech approach is the correct one for different sectors of the industry.” The two approaches are A) “software plugins that can
send and receive instructions and data directly into the traffic system,” and B) to “integrate independent hardware and software alongside the traffic system and accompanying ad
servers.”
Turn is not the only, not the first and certainly won’t be the last ad tech company that will attempt to bring programmatic TV to life, but its two recent announcements
bring the overarching topic to light: Marketers want to be able to buy the same audiences across all screens.
"Watching TV" image from Shutterstock.