What is an OTT Platform and How Advertising on It is Beneficial?
What is an OTT platform?
In short, it is a kind of streaming service that delivers content via the internet. Speaking of advertising on OTTs, they allow advertisers to broadcast their ads to the target audience on video streaming devices, such as personal computers, smartphones, smart TVs, gaming consoles, and so on. OTT advertising entails displaying video ad interruptions, banner advertisements, and sponsored content.
In the case of advertising on OTTs, brands don’t have
to be bothered about fixed broadcast timings or geographical limits. OTTs
basically offer more flexibility by bypassing TV providers. This implies that
the target audience can access content anytime.
Now that you have understood what an OTT
platform means, let’s take a glance at the benefits of advertising on these
platforms:
Increased Audience Reach
The number of OTT
subscribers is increasing with each passing day. Unlike the United States, these
platforms are relatively newer in India and this number is expected to grow
exponentially in the future. The prevalence of OTT marketing boosts your
probability of reaching your target audience.
Capabilities for Advanced Targeting
Unlike traditional
cable TV providers that serve a broad audience, OTT allows you to target a
particular niche through a variety of targeting options. One instance is
geographic targeting, which allows you to focus on your target audience on the
basis of their geographic location.
Now, marketers
don't have to waste time, money, and effort in displaying ads to people who
reside hundreds of miles away from their target location with this method.
Crucial Data Insights
OTT platforms have
the ability to collect analytical data. This allows you to determine whether a
marketing approach needs to be tweaked. It also helps you to track whether your
company is engaging its target audience and achieving its ROI goals.
So, these are some
of the many benefits of OTT platforms like Zee5 AdWorld.
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