- Dec 28, 2022
Marketing attribution in linear television and broadcast satellite radio refers to the process of determining the effectiveness and ROAS of marketing campaigns that use television and radio as the primary medium.
This can be done through the use of various tracking and measurement tools and techniques, such as tracking the number of impressions made by an advertisement, measuring the impact of an advertisement on brand awareness or sales, or using surveys or other forms of customer feedback to gauge the effectiveness of an advertising campaign.
Common Methods of TV and Radio Attribution
There are a number of different approaches to TV advertising attribution and radio attribution, and the specific approach used will depend on the goals of the campaign, the resources available, and the specific target audience. Some common methods of marketing attribution in TV and radio include:
- Tracking the number of impressions, or ad exposures, made by an advertisement: This can be done through the use of ratings data or other forms of audience measurement, such as Nielsen ratings for television or Arbitron ratings for radio.
- Advertisers and marketers can view web lift reports to see how that SiriusXM satellite radio ad or Fox News TV ad campaign is driving traffic to the company website – and whether or not those website visits are leading to conversions (sales). This data can be viewed in real time to help make in-campaign adjustments to ad and marketing spend. There is something powerful about acting on insights from data from multi-touch attribution (MTA) – which measures all offline and online campaigns – to make optimizations on media buys and ad creatives.
- Measuring the impact of an advertisement on brand awareness or sales: This can be done through the use of surveys, focus groups, or other forms of customer feedback to gauge the impact of an advertising campaign on brand awareness or sales.
- Using A/B testing or other forms of experimental design: This can involve running two or more versions of an advertisement and comparing the results in order to determine which version is most effective. A/B testing can be used to measure the effectiveness of the creative in a TV or radio ad; or it can be used to compare programming formats, dayparts, or days of week to determine which channel, which time of day, which type of ad (radio host voiceover, customer testimonial, business owner voiceover, etc.) is performing best.
- Utilizing social media analytics and other forms of digital tracking: In the digital age, it is increasingly common for television and radio advertisements to be accompanied by digital campaigns, such as social media campaigns or targeted online ads. These campaigns can be tracked and measured using a variety of digital analytics tools
Overall, the goal of marketing attribution in television and radio is to determine the most effective and cost-efficient ways to reach and engage target audiences, and to allocate marketing resources in a way that maximizes ROAS.
Measuring More Than Just Web Lift from TV and Radio
While web lift is important, early adopters of broadcast radio advertising, specifically, see real value in impartial MTA to measure beyond just web lift from its satellite and broadcast radio ads. Radio attribution has evolved. Some benefits of MTA include:
- Gaining a complete picture of all your marketing campaigns – and how they work together to drive conversions
- Seeing how radio works with other channels, such as digital, to convert prospects into buyers
- Calculating ROAS – because now the costs and revenue values are known across all channels, and these define performance
- Which radio ads, stations, creative, dayparts, and other segments are driving the greatest return – not on “lift” but on revenue.
These benefits aren’t realized, however, when using those one-channel-only measurement “point” solutions. Measurement in a vacuum is not effective, especially for advertisers promoting across multiple channels. They need to be measured in tandem.
Marketing attribution in television and radio requires a holistic approach: In order to get the most accurate and useful insights from marketing attribution in television and radio, it is important to take a holistic approach that considers all of the various factors that can influence the effectiveness of a campaign. This can involve analyzing data from multiple sources, including ratings data, customer feedback, and digital analytics, and using a variety of tools and techniques to measure and track the performance of a campaign.
If the point isn’t driven home hard enough already, it’s vital to correlate TV and radio advertising and marketing with online results. By doing so, a marketer can measure the value of her investment. Maybe that TV ad is working in tandem with a digital ad; and MTA can show that.
Television and radio remain important marketing channels: Despite the proliferation of digital media and the rise of streaming platforms, television and radio remain important channels for marketing and advertising. Many consumers still rely on traditional media sources for news and entertainment, and these platforms offer a variety of options for reaching and engaging target audiences, including sponsored content, product placements, and traditional commercials.
The use of digital tracking and analytics can help improve marketing attribution in television and radio: By integrating digital tracking and analytics into television and radio marketing campaigns, it is possible to gain a more comprehensive view of the impact of these campaigns on brand awareness, sales, and other key metrics.