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Connected TV (CTV)

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Definition

Connected TV (CTV) refers to television sets or devices that are connected to the internet, allowing users to access a wide range of digital content beyond traditional broadcast and cable channels. Unlike traditional TVs, which rely on over-the-air signals or cable/satellite subscriptions, connected TVs enable streaming of content from various online platforms, such as streaming services, video-on-demand (VOD) platforms, and social media networks.

In essence, connected TV merges the viewing experience of traditional television with the interactivity and versatility of the internet. Users can access streaming services like Netflix, Hulu, Amazon Prime Video, and Disney+, as well as watch user-generated content on platforms like YouTube. Additionally, many connected TVs offer app stores where users can download and install additional applications to customize their viewing experience further.

Key features of Connected TV include:

  • Internet ConnectivityConnected TVs are equipped with built-in Wi-Fi or Ethernet connectivity, allowing them to connect to the internet wirelessly or via a wired connection.
  • Streaming ServicesUsers can access a vast library of content from popular streaming services directly through their connected TV, often with subscription-based or pay-per-view options.
  • App EcosystemConnected TVs often come with an app store or marketplace where users can download and install apps for additional streaming services, games, news, weather, and more.
  • Smart FunctionalityConnected TVs are equipped with smart features, such as voice control, personalized recommendations, and content discovery, enhancing the overall user experience.
  • Cross-Device CompatibilityMany connected TV platforms offer seamless integration with other devices, such as smartphones, tablets, and smart speakers, allowing users to control their TV and share content across multiple screens.

Connected TV has revolutionized the way people consume television content, offering greater flexibility, choice, and convenience compared to traditional TV viewing. As streaming continues to dominate the media landscape, connected TV is expected to play an increasingly significant role in the future of entertainment consumption.

Function

In neuromarketing, Connected TV (CTV) serves several key functions:

Audience Understanding

CTV allows marketers to gather valuable data about viewers' behavior, preferences, and engagement with content. By analyzing viewing patterns, interactions with ads, and demographic information, marketers can gain insights into the audience's interests and tailor their advertising strategies accordingly.

Targeted Advertising

With CTV, marketers can deliver targeted ads based on specific audience segments, interests, and demographics. By leveraging data analytics and machine learning algorithms, advertisers can optimize ad targeting to reach the most relevant audience, increasing the effectiveness of their campaigns.

Personalization

CTV platforms enable personalized advertising experiences by delivering relevant content and ads based on individual viewer preferences and behaviors. By serving personalized recommendations and interactive ads, marketers can enhance viewer engagement and drive conversions.

Cross-Platform Integration

CTV allows for seamless integration with other digital marketing channels, such as social media, search, and display advertising. Marketers can create cohesive cross-channel campaigns to reach consumers across multiple touchpoints and maximize brand exposure.

Brand Storytelling

CTV offers a unique opportunity for brands to engage audiences through immersive storytelling experiences. Marketers can leverage the visual and interactive capabilities of CTV to create compelling narratives that resonate with viewers on a deeper emotional level, driving brand awareness and loyalty.

Overall, Connected TV plays a crucial role in neuromarketing by providing marketers with powerful tools and insights to understand, target, and engage with their audience effectively in the digital age.

Example

Imagine a health and wellness brand that wants to promote its new line of organic snacks to health-conscious consumers. To reach their target audience effectively, they decided to leverage CTV advertising.

First, the brand collects data on consumer behavior and preferences related to health and wellness by analyzing CTV viewing patterns and engagement metrics. They discover that their target audience frequently watches cooking shows, fitness tutorials, and documentaries about healthy living on streaming platforms.

Based on these insights, the brand develops a targeted CTV advertising campaign that aligns with the interests and preferences of their audience. They create visually appealing ads showcasing their organic snacks being enjoyed as part of a balanced lifestyle, emphasizing their natural ingredients and health benefits.

Using advanced targeting capabilities, the brand delivers their ads to viewers who are likely to be interested in health and wellness content, ensuring that their message reaches the right audience at the right time. They also personalize the ad experience by incorporating interactive elements, such as clickable overlays or voice-activated commands, allowing viewers to learn more about the products or make a purchase directly from their TV screen.

As a result of their strategic use of CTV advertising, the brand successfully increases brand awareness, drives website traffic, and boosts sales of their organic snacks among health-conscious consumers. They continue to monitor and optimize their CTV campaigns based on real-time performance data, ensuring maximum ROI and engagement with their target audience.

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