CTV offers next-generation ad experiences, so why is most creative stuck in the broadcast era? The potential that Connected TV (CTV) has to deliver highly personalised ad content that boosts conversions for brands is largely being wasted. Too often ads on CTV are simply repurposed from linear campaigns that don’t take advantage of the platform’s interactive capabilities, adding little value to audiences or advertisers.
CTV has captured the eyeballs of the population in a big way. Strategy Analytics found that the number of UK households using CTV devices had reached 19.2 million by the end of 2020 — 68% of all households — compared to 17.3 million in 2019.
Advertisers, too, are throwing their weight behind CTV. According to figures from Spark Ninety, CTV advertising in the UK was worth around £930m in 2021, up from £515m in 2019, while the IAB rates the UK as Europe’s most advanced CTV advertising market. But the additional investment many brands are putting into CTV risks being wasted if they don’t tap into the full capabilities of the technology. To get the most from their spend, they have to adapt their content to the platform (Source: Media Leader 2023).
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