{"id":1405,"date":"2020-11-19T12:49:48","date_gmt":"2020-11-19T12:49:48","guid":{"rendered":"http:\/\/www.bjanda.com\/blog\/?p=1405"},"modified":"2020-11-19T12:49:48","modified_gmt":"2020-11-19T12:49:48","slug":"funding-audience-measurement","status":"publish","type":"post","link":"https:\/\/www.bjanda.com\/blog\/funding-audience-measurement\/","title":{"rendered":"Funding Audience Measurement"},"content":{"rendered":"\n<p>For the last seven and a half years the Cog Blog has provided a weekly platform for me to rant on about this or that pet hate, to vent on what I see as industry wrongs and injustices, to amplify others\u2019 good ideas, and to comment on the latest tit and tattle. To be honest, most of this really doesn\u2019t make a great deal of difference in the overall scheme of things \u2013 but the subject of this week\u2019s post does.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Audience measurement is one of those topics that creates a great deal of heat and light amongst a specialist subset of the industry. Audience researchers toil away, mainly un-noticed by the rest and yet what they do is essential to the whole media ecosystem.<\/p>\n\n\n\n<p>Most of us on the periphery of the subject would agree with two core principles.<\/p>\n\n\n\n<p>It\u2019s important to measure audiences.<\/p>\n\n\n\n<p>It\u2019s important to do it properly.<\/p>\n\n\n\n<p>\u2018Properly\u2019 includes remaining objective, and producing data that is acceptable to users, is verifiable and is accessible.<\/p>\n\n\n\n<p>It seems obvious for in-sector competitors to collaborate. So, in the case of TV the major broadcasters come together in BARB, to the benefit of all.<\/p>\n\n\n\n<p>But we are now in a world where the key players in what is now video include but extend way beyond traditional broadcasters. And so far, many of these major players haven\u2019t felt the need to collaborate.<\/p>\n\n\n\n<p>We\u2019re coming out of the monochrome, silo-ed world within which each medium is measured separately, to a technicolour world of integrated communication working across multiple channels.<\/p>\n\n\n\n<p>Audience measurement needs to keep pace, or more accurately to catch up \u2013 hence the flurry of activity around cross-media measurement.<\/p>\n\n\n\n<p>The problem is that this creates an obvious funding challenge.<\/p>\n\n\n\n<p>Within siloes, it\u2019s natural for the medium to fund research into its audience.<\/p>\n\n\n\n<p>This research is primarily about currencies \u2013 and thus, as the name suggests about buying and selling.<\/p>\n\n\n\n<p>Providing data for planning purposes has largely been outside the purview of the audience measurement systems. When the media business was all about buying and selling that was good enough.<\/p>\n\n\n\n<p>Trading and currencies remain important, of course but there is a gap when it comes to deciding between as opposed to within channels.<\/p>\n\n\n\n<p>For over 50 years that gap has been manfully filled by the TGI \u2013 but even TGI media data has been weighted to the currencies.<\/p>\n\n\n\n<p>There\u2019s a need to move forward, to reflect today\u2019s multi-comms world.<\/p>\n\n\n\n<p>The obvious group to fund this advance are those who will benefit from the output \u2013 and that means the advertiser.<\/p>\n\n\n\n<p>But who? Which advertiser(s)?<\/p>\n\n\n\n<p>At <a href=\"https:\/\/www.asiconferences.com\/when-you-wish-upon-a-north-star-will-the-wfas-cross-media-dream-come-true\/\">the asi event<\/a> earlier this month, Sarah Mansfield from Unilever was clear, or clear-ish: \u201c<em>We are very much willing to lead from the front in terms of governance and funding and be actively involved going forward.\u201d<\/em><\/p>\n\n\n\n<p>I wouldn\u2019t bank that quite yet.<\/p>\n\n\n\n<p>Sarah didn\u2019t actually commit to funding anything. Indeed, when asked a more specific question on funding from Kantar\u2019s Margo Swadley she ducked it and passed it along to ISBA\u2019s Richard Halton who was equally vague on any specifics.<\/p>\n\n\n\n<p>This is in no way unexpected. I would be surprised (delighted, but surprised) if the funding conversation with individual advertisers has moved beyond the conceptual.<\/p>\n\n\n\n<p>I\u2019ve argued (<a href=\"https:\/\/www.bjanda.com\/blog\/audience-measurement-in-2020-a-blueprint\/\">here<\/a> and on stage at last year\u2019s asi) for a levy on adspend to fund cross-media audience research.<\/p>\n\n\n\n<p>That way the largest advertisers pay the most, but everyone contributes. Going cap in hand to the usual suspects, the UL\u2019s, the Coca-Cola\u2019s, the P&amp;G\u2019s is unreasonable. After all why should they shoulder the total burden to deliver something that will hopefully become embedded in how the whole industry works?<\/p>\n\n\n\n<p>I don\u2019t buy the argument that says that this somehow denudes the agencies of the competitive edge gained by an investment in proprietary research and tools. They can still do what they do \u2013 but with the added benefit of another base source.<\/p>\n\n\n\n<p>The levy would pay for setting up and running the base cross-media measurement system. It would cover the cost of a small team at the advertiser trade body, along with whatever original work was decided upon and maybe a small amount of ongoing R&amp;D into new techniques and approaches (the measurement of attention might be one such).<\/p>\n\n\n\n<p>A levy would place advertisers at the heart of moving audience measurement into the new integrated comms age.<\/p>\n\n\n\n<p>It would help bring advertising and other communication methods together through a planning methodology that ultimately would save money by reducing duplication and discouraging inconsistencies.<\/p>\n\n\n\n<p>Advertisers have long called for such an approach \u2013 this would be a giant step towards facilitating it.<\/p>\n\n\n\n<p>For all, funded by all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the last seven and a half years the Cog Blog has provided a weekly platform for me to rant on about this or that pet hate, to vent on what I see as industry wrongs and injustices, to amplify others\u2019 good ideas, and to comment on the latest tit and tattle. To be honest, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/posts\/1405"}],"collection":[{"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/comments?post=1405"}],"version-history":[{"count":1,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/posts\/1405\/revisions"}],"predecessor-version":[{"id":1406,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/posts\/1405\/revisions\/1406"}],"wp:attachment":[{"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/media?parent=1405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/categories?post=1405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bjanda.com\/blog\/wp-json\/wp\/v2\/tags?post=1405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}