New research by VIOOH reveals 48% of media agency and advertising executives state information on how to measure ROI of programmatic DOOH as their key education need
Today, VIOOH, the leading premium global digital out of (DOOH) home supply-side platform, released its annual programmatic DOOH research paper. The findings show that the future of programmatic DOOH looks bright with investment increasingly coming from new budgets or being moved from other traditional and digital channels. This increase in demand is due to US buyers continuing to value audience targeting and the efficiency and effectiveness of transactions that programmatic trading provides to DOOH, along with the brand safety afforded by its broadcast nature.
The report, entitled ‘Programmatic DOOH 2022 - State of the Nation’, provides a unique insight into the DOOH industry by combining in-depth interviews with key industry spokespeople, alongside survey data from 1,000 senior agency and advertising executives across the US, UK, Germany, France and Australia.
The findings identified that whilst the COVID-19 pandemic proved the value of the agility that programmatic DOOH offers, many advertisers have continued to take advantage of this flexibility post-pandemic. In the last 18 months, American executives surveyed reported that over half (56%) of campaigns have included programmatic DOOH and this is set to increase to 61% in the next year, with 20% planning to double their investment over the next 18 months.
The planning and buying of programmatic DOOH is increasingly taking place alongside other programmatic activities, demonstrating increasing market maturity to align programmatic DOOH within a multi-channel campaign strategy. Within this context, the majority (96%) of US media executives stated they will continue to invest in areas such as building in-house programmatic DOOH expertise and focusing on educating programmatic, OOH and cross-media planning teams on the advantages of programmatic DOOH to help communicate benefits to brands and teams.
When looking at the key barriers to adoption, the report found that half (50%) of executives in the US are seeking best practices for using data for activation of programmatic DOOH campaigns, with 44% identifying the provision of real-time audience data as key for future growth and investment. Additionally, 49% of media executives in the US want a clearer understanding of how programmatic DOOH fits within a multi-channel campaign and nearly half (45%) of US media professionals surveyed said they would like more information on cross-channel measurement and attribution in order to demonstrate programmatic DOOH’s impact within an omni-channel campaign.
“As highlighted in this year’s State of the Nation report findings, we are seeing an increase in media spend coming from new budgets or being moved from other traditional and digital channels. Coupled with a widening responsibility for its planning and buying, it’s clear that as markets mature, buyers are keen to fit programmatic DOOH within multi-channel campaign strategies,” said Jean-Christophe Conti, Chief Executive Officer at VIOOH. “For the channel’s full potential to be unlocked, the report also shows a desire for increasing sophistication in data and targeting, and a robust ROI and measurement solution - as the ability to measure DOOH’s impact within multi-channel campaigns is likely to become a key factor in the growth of programmatic DOOH,” added Conti.
You can download the full report at https://www.viooh.com/sotn
VIOOH is a leading premium global digital out of home supply-side platform.
Launched in 2018 and with headquarters in London, VIOOH’s platform connects buyers and sellers in a premium marketplace, making OOH easily accessible.
Led by a team of digital OOH and programmatic tech experts, VIOOH is pioneering the transformation of the OOH sector, championing its role in enhancing omni-channel digital campaigns through the use of programmatic capabilities and data. VIOOH currently trades programmatically in 17 markets, with more to follow.
For more information about VIOOH, please visit www.viooh.com or follow us on Twitter and LinkedIn.