Making the point that TV is very much being viewed still. Just being viewed in
better ways, is all.
Bert
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https://www.tvtechnology.com/news/misperceptions-about-tv-as-an-ad-vehicle-leads-to-undervaluing-of-medium-says-auerbach
Misperceptions About TV as an Ad Vehicle Leads to Undervaluing of Medium, Says
Auerbach
Despite these notions, TV far outperforms social media and digital when it
comes to viewing time, reach, viewability and trust.
Phil Kurz 6 hours ago
NEW YORK-While TV upfronts dominate much of the inside baseball media news this
week, there is an ongoing, underlying truth television networks, station groups
and local broadcasters must acknowledge and deal with when it comes to TV as an
advertising medium, says TVB EVP and Chief Communications Officer Abby Auerbach.
"TV is undervalued because of misperceptions out there," says Auerbach. In many
cases, those misperceptions stem from competitors eager to claim a bigger slice
of the advertising pie. In other instances, the quest for the next shiny new
thing on the part of marketers and advertisers may contribute to the
misperceptions.
However, whether it is total time spent watching or the number of people
reached, TV still dominates the media landscape, offering ad agencies and their
clients the powerful medium they desire to reach and impact consumers as they
decide what goods and services to buy, she says.
Auerbach, who will present "Valuing TV in a Multiplatform World," Thursday, May
16, at 2 p.m. EDT during a live TV Technology webinar sponsored by Imagine
Communications, says that while many people perceive that the public spends
more time on digital platforms and with social media than watching TV, the
reality is far different.
"People spend more time with TV than their computers, smartphones and tablets
combined," she says, pointing to a 2019 comparison study that found people
spend five hours and 24 minutes a day with broadcast and cable TV (of which
just over three and a half hours is with broadcast television) versus 1:02 with
social media and 51 minutes streaming TV.
Similarly, when it comes to the sheer number of viewers, TV crushes the
competition despite the common perception that digital has surpassed
television, she says.
Quoting Dave Morgan, founder and CEO of Simulmedia, Auerbach points out that
"Judge Judy" has more audience ad minutes-in other words, more people watching
ads-in 30 minutes than all of the people watching all of the videos on YouTube
all day.
"TV reaches more adults in a day than YouTube and Netflix reach in a month,"
she says. Auerbach points to research showing more than 180 million adults 18
years of age and older watch television daily while 114.5 million and 85
million adults watch YouTube and Netflix, respectively, in a month.
Part of the reason for misperceptions that result in undervaluing TV are
differences in how TV is measured versus other media. For example, for TV to be
regarded as viewable, 100% of the picture needs to be visible. For digital,
it's 50%.
"In other words, all video impressions are not the same," she says. Another
example is the duration a video must be watched to be regarded as an
impression. With digital, the duration is two seconds, while for network TV the
duration must be 30 seconds-and for spot TV it has to be five minutes.
Trust also plays an important role, and here again, television outshines
digital and social media, she says. Eighty-three percent of people polled this
year agree with the statement "I trust the news I see/hear on this media
source" when it comes to local broadcast news versus social media at 45%.
During the May 16 webinar in which Auerbach is presenting, Imagine
Communications VP Ronnie Bell, will make a separate presentation examining the
role of automation technology, ad optimization, systems integration and
standardization.
The free webinar will give attendees the opportunity to direct questions to
both presenters. Full disclosure, I will be moderating the webinar.
Register online now by visiting the online registration landing page.
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