DoubleVerify, a software solutions provider for digital media, has recently launched its solution for scaling viewability on the Connected TV (CTV) for advertisers, measuring the delivery through its DV Authentic Ad platform and MRC-accredited metric to ensure media quality across digital environments of the CTV.
This solution will help advertisers and ad brands to set a consistent standard for media quality across all digital environments with CTV and make advertisers understand the impact of the ads, even if the TV is disconnected. The authentic ad is visible fully to a real person, brand, and digital environment.
Advertisements are created to raise awareness of the company's new product or service, even to change one's brand perception. Their viewability is a critical key performance indicator for advertisers in all digital media platforms. It is a misconception that all the CTV ads are, by default, viewable. A survey conducted by DoubleVerify in 2022 states that one of the four top-performing CTV digital environments and applications continued to play advertisements even after the television was off. This issue is known as "TV off." Another industry study suggests that this challenge will cost advertisers more than 1 billion dollars as ad waste in CTV.
CEO of DoubleVerify, Mark Zagorski, said, "As CTV impressions continue to be sold at a premium, brands need insight into which platforms and environments offer the best viewability rates." He added, "To that end, we're excited to launch this first-of-its-kind solution and continue to lead in measurement and innovation for CTV buyers. This release enables advertisers to address growing challenges in CTV, such as the "TV off" issue and offers insight into whether ads had the opportunity to make an impact across digital environments in a consistent manner. This capability also provides measurement parity across multi-screen campaigns, allowing advertisers to make better-informed campaign optimizations and increase budget efficiencies."
(Source – Business Wire)
About DoubleVerify
DoubleVerify, a software platform for digital media solutions, makes digital advertising stronger and safer through its services like impression quality and audience quality solutions for brand marketers, brand safety and fraud protection, transparency and accountability to digital media, and ad viewability. There should be a fair value exchange between sellers and buyers of digital media. The Fortune 500 advertisers trust it for data and analytics, driving campaign quality and effectiveness and increase return on digital advertising investments worldwide. It provides authentic independent third-party measurement solutions to brands and agencies in all advertising platforms, including CTV.