The revolutionary impact of Connected TV (CTV) has changed the game for businesses looking to advertise on streaming platforms like Hulu, Amazon Fire TV, and Roku. However, accurate attribution has posed a significant challenge for marketers, with CTV platforms providing limited data on viewer behaviour. Luckily, there are now tools available to help businesses track and measure the effectiveness of their CTV campaigns, giving them valuable insights to optimize their advertising strategies.
One such tool is Kochava, a cross-channel attribution platform that provides real-time CTV attributions. This allows businesses to see how their CTV ads contribute to customer conversions, giving them actionable insights into the effectiveness of their campaigns. Marketers can then make data-driven decisions to optimize their strategies and maximize their ROI.
TVSquared is another valuable tool that enables marketers to measure the impact of their CTV advertising on metrics such as website visits and app installations. This helps businesses understand the specific aspects of their campaigns that are driving the most conversions, allowing them to optimize their placements, creatives, and targeting strategies.
Additionally, Google Analytics 360 offers a comprehensive solution by combining CTV data with other data sources. This integration provides businesses with a holistic view of their marketing efforts across channels, enabling them to understand how CTV advertising interacts with other touchpoints in the customer journey. With this knowledge, marketers can make informed decisions about budget allocation and ensure transparency in their CTV advertising efforts.
In conclusion, the availability of these tools – Kochava, TVSquared, and Google Analytics 360 – empowers businesses to gain insights, optimize campaigns, measure cross-channel impact, and ensure transparency in their CTV advertising endeavours. By leveraging these tools, business owners can elevate their CTV advertising to new heights, driving better results and reaching their target audience with precision.
Original Article: https://martech.org/cracking-the-code-on-accurate-attribution-for-connected-tv/