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{"id":66294,"date":"2020-05-05T08:19:56","date_gmt":"2020-05-05T12:19:56","guid":{"rendered":"https:\/\/www.beet.tv\/?p=66294"},"modified":"2020-05-05T09:08:00","modified_gmt":"2020-05-05T13:08:00","slug":"covid-19-crunch-will-beckon-new-tv-advertisers-transunions-spiegel","status":"publish","type":"post","link":"https:\/\/dev.beet.tv\/2020\/05\/covid-19-crunch-will-beckon-new-tv-advertisers-transunions-spiegel.html","title":{"rendered":"COVID-19 Crunch Will Beckon New TV Advertisers: TransUnion’s Spiegel"},"content":{"rendered":"

CHICAGO –\u00a0 The COVID-19 pandemic has prompted many advertisers around the world to keep their wallets closed. But could spending be about to spring forward in a big way?<\/p>\n

In this video interview with Beet.TV, Matt Spiegel<\/a>, head of media at TransUnion, says diminishing ad prices, more opportunistic ad buys and targeting technology will combine to welcome in a new tier of brand advertiser that traditionally had not played in TV.<\/p>\n

For one, Spiegel thinks seasonal “back-to-school” and holiday diary markers will see healthy ad spend.<\/p>\n

“There’s going to be a lot of pent up demand come this holiday,” he says. “I think there’s going to be a lot of money there.”<\/p>\n

Door is opening<\/h2>\n

Couple that with a raft of content, like top-tier sports, that otherwise have pocketed premium ad spend; Spiegel suggests it leaves remaining content, with cheaper ad rates, ripe for newcomers.<\/p>\n

“I think it opens the door for a lot of new advertisers,” he explains. “A lot of new categories that have historically been crowded out (will) likely have room to play.<\/p>\n

“TV has often been a big-marketer game, especially linear television, because it’s a high dollar commitment (and) often a longer-term commitment.<\/p>\n

“As more dollars are kept to be spent at the moment of opportunity … you leave room for the torso of clients that are not the big spenders but are in many categories that, especially right now, can spend more money.”<\/p>\n

Upfronts have changed<\/h2>\n

The upfront ad sales season is the time of year when programmers traditionally tout their upcoming content slates to secure upfront ad buy commitments.<\/p>\n

But securing advance bookings from brands in this environment could be more difficult than before, whilst many TV broadcasters are significantly discounting their ad rates in a bid to stop haemorrhaging under-pressure advertisers.<\/p>\n

Spiegel agrees that “the (TV) upfront has probably changed forever”.<\/p>\n

He imagines new advertising coming from higher-education e-learning providers, all kinds of subscription services and from fitness operators launching digital content strategies.<\/p>\n

eMarketer reports<\/a> how ad costs are currently falling across the board.<\/p>\n

Data-driven<\/h2>\n

The confluence of circumstances could be good news for direct-to-consumer (DTC) brands, which have already been advertising on TV over the last couple of years but which could use the opportunity of cheaper inventory to make a bigger impression.<\/p>\n

They are the kinds of marketers that are “data-driven”, Spiegel says: “Those types of marketers are the ones that therefore expect their media partners, their ad tech partners, or a combination of the two, to do a better job allowing micro-segmentation, to do a general better job allowing frequency of optimizations, to do dynamic creative messaging, and to do the types of stuff that really leads to higher marketing ROI.<\/p>\n

“Personalization is becoming ever more important. To enable those types of things, you needed a firm grasp on understanding individuals and understanding the households with various identity signals that are necessary to address the appropriate devices, in many cases meaning not relying on a cookie ID but relying other identity signals.”<\/p>\n

This video is part of a series titled Navigating Accelerated Change, presented by Transunion.\u00a0 For more videos, please visit this page<\/a>.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

CHICAGO –\u00a0 The COVID-19 pandemic has prompted many advertisers around the world to keep their wallets closed. But could spending be about to spring forward in a big way? In this video interview with Beet.TV, Matt Spiegel, head of media at TransUnion, says diminishing ad prices, more opportunistic ad buys and targeting technology will combine […]<\/p>\n","protected":false},"author":15,"featured_media":66298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"mc4wp_mailchimp_campaign":[]},"categories":[8332],"tags":[5532,7553],"_links":{"self":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts\/66294"}],"collection":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/comments?post=66294"}],"version-history":[{"count":0,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/posts\/66294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/media\/66298"}],"wp:attachment":[{"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/media?parent=66294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/categories?post=66294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.beet.tv\/wp-json\/wp\/v2\/tags?post=66294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}