07:37:38 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Nielsen Launches Audience-Based Forecasting Solution For Linear Television

2018-03-06 06:00 ET - News Release

Provides Media Owners and Buyers Ability to Forecast TV Viewership for Advanced Audience Segments to Drive Media Spend ROI

NEW YORK, March 6, 2018 /PRNewswire/ -- Nielsen (NYSE: NLSN) today announced the launch of its Advanced Audience Forecasting tool that will provide clients with forecasts of TV audiences defined by  advanced audience segments, which have been gaining traction in the marketplace.

Nielsen

By leveraging Nielsen's advanced audience segment definitions, media owners and marketers alike will now have the ability to accurately and more directly forecast inventory for a precise target across all nationally measured television networks. These audience segments can be defined based on any unique combination of persons-level attributes, including in-store and online credit/debit transactions (e.g., big box store shoppers), psychographics (e.g., pet owners), and shortly CPG loyalty card data (e.g., laundry detergent buyers).

This new tool, built through a collaboration between Nielsen and clypd, will accelerate the industry's evolution towards audience-based buying on TV by providing more consistency and transparency. In addition to supporting custom advertiser-defined segments, the tool will surface more than 80 pre-defined audience segments curated by the Advanced Target Standards Group (ATSG) across key advertising verticals (including CPG, Automotive, Finance, and Telecom), providing preliminary insights into the total addressable inventory for these segments on all measured National TV Networks.

"Discovery is committed to providing clients with complete transparency so it's imperative that we have access to reliable tools that not only guarantee on advanced audiences, but provide full visibility. With Nielsen's new solution we will accomplish that in a more timely manner which is critical in today's competitive marketplace," said Keith Kazerman, Group SVP, Client Solutions, Discovery Communications."

This new capability will enable media buyers and sellers to have more transparent pricing and scheduling discussions as they head into the upfronts. Nielsen will also provide representative persons-level measurement for these advanced segments throughout the 2018 television season, bringing the same level of confidence to this new form of buying as advertisers have had in the currency ratings for decades.   

"The way marketers and media companies use data to plan, target, transact and measure advertising is evolving. In today's world of growing content options across devices and platforms, reaching the consumers that matter most—be it first time car buyers or home improvement enthusiasts—is critical for both TV networks and advertisers," said Kelly Abcarian, SVP, Product Leadership, Nielsen. "To keep up with the changing landscape, advanced tools -- like this solution -- are now required to accurately forecast TV audiences beyond age and gender."

ABOUT NIELSEN 
Nielsen Holdings plc (NYSE: NLSN) is a global measurement and data analytics company that provides the most complete and trusted view available of consumers and markets worldwide. Our approach marries proprietary Nielsen data with other data sources to help clients around the world understand what's happening now, what's happening next, and how to best act on this knowledge. For more than 90 years Nielsen has provided data and analytics based on scientific rigor and innovation, continually developing new ways to answer the most important questions facing the media, advertising, retail and fast-moving consumer goods industries. An S&P 500 company, Nielsen has operations in over 100 countries, covering more than 90% of the world's population. For more information, visit www.nielsen.com.

© 2024 Canjex Publishing Ltd. All rights reserved.