CBS Television Stations Select Alphonso For Local TV Attribution
Partnership to provide TV attribution for local advertisers in all 17 of CBS owned stations across the country
MOUNTAIN VIEW, Calif., July 20, 2020 /PRNewswire-PRWeb/ -- TV data company Alphonso today announced that CBS Television Stations has selected Alphonso Local to provide TV attribution for local advertisers in all 17 of its owned stations across the country. Alphonso Local is a suite of TV ad analytics and attribution services that help local businesses understand the effectiveness of TV campaigns in driving business results such as website visits and conversions, foot traffic to physical locations, online and offline transactions, and more.
CBS Television Stations now use Alphonso Local for TV attribution in markets including Atlanta, Baltimore, Boston, Chicago, Dallas, Denver, Detroit, Los Angeles, New York, Miami, Minneapolis, Philadelphia, Pittsburgh, Sacramento, San Francisco, Seattle, and Tampa.
CBS Television Stations sales teams can now show their clients in great detail how various programs, shows, dayparts and creatives are performing in achieving the goals for local TV campaigns. This is a major leap forward in TV measurement compared to legacy correlation-based spike analysis. For example, CBS Television Stations sales representatives can show a furniture or electronics store how many people viewed their TV ad within a specific time frame, and then subsequently visited the store. Similarly, they can show deterministically, how people who saw TV ads for local services such as electrical, plumbing, or food delivery, subsequently visited their website or mobile app, and then took action.
The rapid reporting enabled by Alphonso local helps brands optimize their TV spend for maximum return on investment while giving local stations a powerful tool for retaining and growing client budgets due to greater visibility into TV ad effectiveness.
Powered by highly scalable Video AI deployed in a broad range of smart TVs and connected TV devices, Alphonso Local provides real-time TV and OTT viewership data in granular detail at the local-market-level. Alphonso's Video AI is embedded in a growing number of smart TV brands including Sharp, Toshiba, Hisense, Seiki, and Skyworth. Its diverse and nationally representative TV dataset also includes viewership data from LG, Tivo and Sling Media.
"Today's marketing success demands more precise measurement and Alphonso addresses that for our stations and clients," said Julio Marenghi, President, Sales, CBS Television Stations. "It enables powerful one-to-one targeting of TV audiences across all screens giving brands insights that rating points do not necessarily address in traditional media plans. It's time for a more contemporary approach to help our clients match our audiences with their marketing goals"
Ashish Chordia, Chief Executive Officer of Alphonso, said, "Alphonso Local is the new standard for local TV stations across the country. Over the past three years we worked closely with all of the major station groups and O&O's to understand the challenges they have in demonstrating TV ad efficacy to local clients. Alphonso Local is built on their input. Many were frustrated with legacy solutions like spike analysis. They needed a way to deterministically prove how TV ads were driving web traffic, foot traffic and sales. Alphonso Local delivers exactly that. It has become the new local TV measurement standard because it is the only solution that has both the scale and diversity to provide such granular measurement at the local market level."
With 15 million opted-in U.S. households nationwide reporting viewership data to Alphonso via multiple major brands of smart TVs and other connected devices in the living room, Alphonso provides deterministic local-market TV viewership data at an unprecedented scale, to help local stations pinpoint and measure their TV audiences, so they can help local advertisers understand the journey from ad exposures to business results. Alphonso's patented video artificial intelligence (AI) completely automates the process of indexing and fingerprinting TV content both at a national and local level, creating metadata on the fly as ads and programs are played out over linear and OTT services. This automation enables the company to scale Alphonso Local in new markets quickly.
About Alphonso Local
Alphonso Local is a suite of TV ad analytics, attribution and audience extension software and services for local broadcasters and station groups. It consists of three core offerings: closed-loop attribution, for rapid reporting on online and offline sales and visitation lift resulting from local TV ads; local TV-to-digital retargeting, so brands can amplify and optimize their TV spend across the web and mobile devices; and local TV ad insights for data-driven media planning and competitive analysis.
About Alphonso
Alphonso is a TV data company with the industry's largest TV viewership footprint. It is the market leader in providing brands and agencies with real-time, self-serve TV ad campaign measurement and attribution. The company enables its clients to reach and measure verified TV audiences across all screens. Brands work with Alphonso to amplify their TV spend on digital, and to connect the dots between TV ad exposures and real business results, such as foot traffic and sales, to better understand return on ad spend (ROAS).
With automatic content recognition (ACR) technology embedded in tens of millions of hardware and software products, including smart TVs, TV chipsets, mobile apps, and other connected living room devices, Alphonso understands what programming and advertising people watch on TV. Through its Alphonso Insights SaaS offering, Alphonso delivers actionable insights and closed-loop attribution with offline data in real time, to help its customers understand the true impact of TV advertising. To learn more, visit http://www.alphonso.tv.
We are funded by luminaries in the media business and growing rapidly. We are hiring globally across all of our offices in the US, Europe and Asia.
SOURCE Alphonso
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