DPAA's Eighth Annual Survey of Media Planners Identifies Mobile and Programmatic as Key Opportunities for DPB/DOOH Revenue Growth
Digital screens outside the home along with location data on the rise
Continued concerns about online advertising
NEW YORK, Feb. 8, 2017 /PRNewswire-USNewswire/ -- The Digital Place Based Advertising Association's (DPAA) eighth annual survey of media planners identifies the growing importance of digital place-based (DPB) and digital out-of-home (DOOH) media in today's advertising ecosystem, punctuated by the increased focus of reaching consumers outside the home, continued disruption of television, significant enthusiasm for the use of mobile in conjunction with OOH and the potential offered by programmatic buying.
DPB/Digital Out-of-Home (DOOH) Spending on the Rise
For the first time in the history of the survey, the percentage of planners (61%) who included DPB/DOOH in their media plans in the prior 12 months shot well past the 50% mark. Last year's figure was just slightly over 50%.
At the same time, the outlook for future DPB/DOOH spending growth is bright, with 94% of planners saying they will be spending the same or more over the next three years.
The Growing Role of Mobile and Location Data
Fully 44% of planners said they had recommended media plans that combine DPB/DOOH and mobile over the prior 12 months.
And planners said they would be more likely to recommend DPB/DOOH in the future if mobile were used in each of these ways:
- For retargeting ads that have been delivered on DPB/DOOH (78%)
- To measure DPB/DOOH audiences through tracking devices (75%)
- As a means of enabling interaction with DPB/DOOH creative (69%)
Programmatic Buying Seen as Key Opportunity
Nearly nine out of ten (89%) planners reported that their agencies were buying media programmatically today. A majority of the planners said they were more likely to recommend DPB/DOOH because of its availability in programmatic buying systems. However, only 39% said they were aware that DPB/DOOH can be bought programmatically today.
Rise of Video Everywhere, Decline of Television
Respondents said they see the importance of DPB/DOOH screens in video everywhere campaigns rising over the next three years at a faster rate than that of other video media:
Important |
Importance in |
% |
|
Today |
Three Years |
Change |
|
DPB/DOOH |
31% |
58% |
+ 87% |
Connected TV |
62% |
81% |
+ 31% |
Tablet |
72% |
76% |
+ 6% |
Traditional TV |
73% |
58% |
- 21% |
Computer |
81% |
70% |
- 14% |
Mobile Phone |
88% |
90% |
+ 2% |
Of note is that DPB/DOOH is expected to catch traditional TV in importance in video everywhere campaigns by 2019.
Planners Concerned About Online Advertising
A majority of planners expressed concern over various issues surrounding online advertising. On a five point scale, with five being highly concerned, the following issues generated substantial ratings of 4 or 5: transparency (86%), viewability (82%), ad fraud (78%), brand safety (76%), data privacy (71%) and ad blocking (64%).
Geo-targeting Targeting is Key Reason for Including DPB/DOOH Media in Recommended Media Plans
For the third consecutive year, the same three key reasons emerged as the most important for including DPB/DOOH in media plans: geotargeting by DMA, zip codes or hyperlocally (67%); connect with consumers on path to purchase (55%); reach a specific audience (46%). DPB/DOOH's ability to complement a TV buy to reach light viewers grew significantly as a planning factor, from 20% in 2015 to 26% this year.
Recommendations
Based on its findings, the study recommends that the DPB/DOOH industry should focus its efforts on three general areas:
- Short term: Provide data on audiences, targeting and effectiveness at a level of quality that gives planners confidence that they can invest as wisely with this medium as they believe they can with other digital platforms.
- Medium term: Develop additional technology that can empower targeting and measurement.
- Longer term: Fully develop programmatic platforms for buying DPB/DOOH media.
Barry Frey, president & CEO, DPAA, said, "Results of this study will be extremely valuable in helping to inform media planners and our members' sales efforts. Our industry is rife with growth opportunities, particularly in the areas of mobile, programmatic and hyperlocal targeting. This study provides great insight into how we can capitalize on these strengths and maximize revenue."
About the Study
Three-hundred-thirty-six agency planners employed at full-service, media services and digital ad agencies participated in an online survey conducted July 19 to August 3, 2016. The survey was conducted by JAM Research LLC.
About DPAA (www.videoeverywhere.com)
Founded in 2006, the Digital Place Based Advertising Association (DPAA) represents leading digital placed-based networks by promoting their integral role in the "video everywhere" ecosystem. The DPAA fosters collaboration between agencies and digital place-based networks; provides industry-wide research and best practices in areas such as mobile integration and programmatic; and promotes the effectiveness of digital place-based advertising. Digital place-based media is defined as networked digital video screens containing programming and advertising, reaching consumers on their daily journeys in places where they dwell.
The DPAA's annual Video Everywhere Summit brings together 700+ delegates representing brands, agencies, digital place-based networks, ad tech, research firms and others for a full day of presentations, panels, case studies, networking events and experiential exhibits. The Summit is the only event dedicated to multi-screen viewing and video neutral planning. The 2017 Video Everywhere Summit will be held in this fall in New York.
The DPAA is a Video Everywhere Association™.
Twitter: @DPAAorg
Facebook: facebook.com/DPAAorg
YouTube: youtube.com/user/dpaavision
LinkedIn: www.linkedin.com/company/dpaa
CONTACT
Mark Braff
Braff Communications LLC
201-612-0707
[email protected]
SOURCE Digital Place Based Advertising Association (DPAA)
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