Connected TV goes global with new industry body

This week saw the launch of the Connected TV Marketing Association (CTVMA), a new marketing body for the worldwide connected TV industry. The CTVMA is an international body, which will bring together the equipment manufacturers, operators, advertisers and broadcasters working to develop connected TV content and services.

It’s a welcome move in the promotion of internet ready TV sets and STBs, and hopefully a significant step towards helping the connected TV market reach its full potential.

With a fifth of TV sets to be connected in five years and the digital switchover upon us, as an industry we need to embark on a programme of significant consumer education in order to boost market performance. Consumers need to have the most up to date technology and be made aware of the innovative services that are actually available to them.

We’ve already seen that marketers are missing a trick by leaving IPTV devices out of their marketing campaigns. It’s a catch 22. As marketers wait for consumers to demonstrate interaction with brands on TV sets, without providing the content, consumers have nothing to interact with. As the CTVMA gets to work, we look forward to seeing the next generation of broadcast content and marketing campaigns across all devices in the connected home.

IAB identifies missed opportunity as marketers find themselves in chicken and egg situation with IPTV

Research from the Internet Advertising Bureau (IAB) has found that a massive 88% of marketers don’t have an IPTV strategy. And, a third of those surveyed, felt that only a budget of £50,000 should be allocated to IPTV campaigns. But with global sales of IPTV devices set to reach 100 million by 2014, this is an opportunity marketers can’t afford to miss.

Connected TV and marketing campaigns is a chicken and egg situation. Marketers are waiting for consumers to demonstrate interaction with brands on TV sets, but without the content, consumers have nothing to interact with. However, consumers are slowly interacting. Take popular TV shows like X-Factor where viewers can vote from their sofas via the red button, interacting with content on the TV like never before.

Marketers have an opportunity to capitalise on this new medium as an innovative way to connect with their audiences. It’s all about social interaction now and as the home becomes more connected, consumers are looking for a complete multiscreen viewing experience. Marketer’s can’t afford to miss a device out of the loop.

The intelligence behind the ‘pane of glass’ that is a TV set, is phenomenal. The next generation of STBs are able to deliver interactive, personalised services enabling brands to interact with consumers whilst they watch their favourite TV shows. Marketers have an opportunity to work with STB device manufacturers to develop killer TV apps as well as mobile and tablet apps to deliver a complete marketing strategy.