New capability enables advertisers to track lift in in-store visits by households exposed to OTT/CTV ads
Simpli.fi, the leading programmatic platform for addressable, mobile, and OTT/CTV advertising, announced that it has enhanced its industry-leading OTT/CTV advertising offering to now include the ability to track lift and in-store visits from households which have been served OTT/CTV ads. Advertisers can now measure the effectiveness of OTT/CTV advertisements delivered on both large and small screens, and attribute in-store foot traffic to those ads. This feature is enabled by Simpli.fi’s cross-device capabilities and mobile attribution technology.
In the first half of 2019, Simpli.fi has executed over 12,000 OTT/CTV Campaigns for more than 4,700 unique advertisers. The rapid growth is attributed to Simpli.fi’s unique audience targeting methods, which include addressable, behavioral, and demographic targeting. Simpli.fi’s new OTT/CTV foot-traffic attribution capabilities bring new measurement and reporting to advertisers looking to understand the effectiveness of their TV advertising to drive prospects and customers to physical locations.
Read More: NewsCred Announces $20 Million in Additional Financing; Takes Aim at Global Marketing Transformation
Key metrics available for all OTT/CTV advertising campaigns will include:
- Geo-Conversion Lift*: Percentage difference in physical visitors to an advertiser’s location that were influenced by an ad vs. those who were not shown an ad.
- Campaign Conversion Rate*: The percentage of users who were served an ad from the campaign, and then physically visited the advertiser’s location.
- Natural Conversion Rate*:The percentage of users who were not served an ad for the campaign but visited the advertiser’s location.
Read More: SharpSpring Unveils Sales Optimizer, a First-of-Its-Kind Product to Streamline the Sales Process
* With breakouts of daily new and repeat users to further increase transparency of conversion metrics.
“We are excited to empower our advertisers to understand how much incremental foot traffic is being driven to their locations by their OTT/CTV advertising,” said Frost Prioleau, CEO and Co-Founder of Simpli.fi. “In addition to providing a better understanding of their ROI, this capability also provides advertisers with insights regarding the performance of various targeting tactics and creatives that enable better optimization of their campaigns. Stay tuned as we expect to be rolling out more OTT/CTV attribution capabilities in the near future.”
Read More: GetAccept Closes $7 Million Series A Funding Round Led by DN Capital
