Advanced TV is an umbrella term used to encompass all non-traditional television. There are several types of advanced television, namely addressable TV, connected TV, over-the-top TV, data-driven linear TV, converged TV and video on demand.
While most digital channels have seen an evolution in targeting capabilities, the television industry has, for the most part, remained stagnant. Advanced television is indicative of a new era for the television landscape, especially in the way content is distributed and data is collected.
A long list of concepts fall under the term advanced television. To get a better understanding, here’s a breakdown of what they mean:
The advantages of advanced TV for viewers are obvious. Advanced TV is more convenient, flexible, and oftentimes cheaper.
Advanced television is not only enjoyable for viewers, though. Advanced television opens up a new space for advertisers. For instance, non-traditional television has much broader reach. Viewers are increasingly consuming streaming content — of households that own a TV, 80% have at least one internet-connected TV device.
Advanced TV allows advertisers to access this growing audience not only at scale, but also with pinpoint accuracy. Unlike the early days of broadcast television, where advertisements would be delivered to a broad audience segment, advertisers can now leverage granular data to target individual households. The result? Advertisers can reach those who are most likely to find interest in their product or service, increasing the chances of conversion.
At Simulmedia, our unique TV+® planning, buying, activation and measurement platform for linear and streaming TV allows advertisers to craft target audiences and run personalized ad experiences that are also measurable, so every household receives a unique, tailored experience of your brand or product. Plus, our proprietary Cross-Channel Insights Dashboard provides detailed information as to how your target audience is distributed across both linear TV and advanced TV, including the overlap of those audiences; viewing behaviors of each household; intel as to which networks, programs, and dayparts the user is most engaged with; and more.
Armed with this information, no prospect from your target audience will be left unreached through the use of advertising technology that allows you to confidently execute media buys across the entire linear and advanced TV landscape.