Do you know that 70% of related TV viewers within the U.S. choose ad-supported fashions? In case you had requested that in 2020, that quantity would’ve been near zero.
On this episode of The Velocity of Tradition podcast, Tony Marlow, chief advertising and marketing officer at LG Advert Options, joins Suzy founder and CEO Matt Britton to debate the “huge shift” from conventional tv to related TV, and from subscription to ad-supported fashions.
Marlow is a well-rounded advertising and marketing skilled, thought chief and digital nerd who makes use of data-driven insights to guide all points of selling and communications. Earlier than LG Advert Options, he held numerous advertising and marketing management positions, together with CMO at Integral Advert Science and Knowledge Axle, and vp and head of B2B advertising and marketing insights at Yahoo.
Marlow can also be the co-founder of Appy Dragon, a cellular app improvement group that made the favored Racer Tracer.
Stream the brand new episode beneath, pay attention and subscribe on Apple Podcasts or discover it on Spotify.
Key takeaways:
- 03:03 – 04:31 – The Artwork and Science of Promoting – Creativity and knowledge science are equally important for promoting. Nevertheless it appears most entrepreneurs choose to focus extra on the information facet. Traditionally, at a macro degree, entrepreneurs had to decide on between efficiency and model advertising and marketing. Now, a brand new breed of entrepreneurs—efficiency storytellers—use science to drive creativity, join with their viewers extra meaningfully and convey related messaging. Entrepreneurs don’t have to decide on anymore. In truth, they want each creativity and knowledge science to achieve success.
- 05:58 – 07:50 – The Large Shift – With the onset of the pandemic, tv shopper habits modified considerably and quickly. Marlow calls this The Large Shift, which consists of two phases. The primary part was the shift from conventional to related tv (CTV). Now, we’re within the second part—transferring from subscription fashions towards ad-supported fashions.
- 09:50 – 12:42 – Direct to Glass – Section one of many shift meant the dying of dongles. It additionally made customers go “direct to glass”—or on to the OEM TV—to expertise customized content material. Going direct to glass helps entrepreneurs form customers’ promoting experiences inside related tv and make these advertising and marketing connections in a privacy-friendly approach.
- 18:41 – 20:20 – The CTV Expertise – Related TV presents entrepreneurs the flexibility to do issues they’ll’t do on conventional tv, like shoppable advertisements, inventive items that combine into the UI, and QR codes, which assist unify the expertise between cellular and TV. It’s all about making a seamless, customized and interesting expertise for the patron.
