39% of Former Netflix Password Sharers Plan To Opt for the Ad-Supported Tier
by Frankie Karrer
2 Min Read
Your destination for the latest CTV stats, trends, and insights
2 Min Read
According to a new report from Roku, more households are streaming free, ad-supported Connected TV during the pandemic than ever before. This is likely due to a combination of factors: an increase in the number of at-home workers and students, and concern around finances as economic uncertainty continues to be a problem for millions of Americans. This makes them more willing than ever to watch free, ad-supported options on television.
Even before the pandemic, consumers were interested in non-subscription options on Connected TV – with 62% of users desiring access to cheaper, ad-supported streaming channels. This was in part due to the increased “subscription fatigue” that many consumers were experiencing at the beginning of the year. This presents an interesting opportunity for marketers – CTV ads are non-skippable and offer detailed audience targeting, giving advertisers an edge over linear TV advertising capabilities. It’s becoming ever more likely we’ll see higher ad spend on CTV as advertisers follow these audiences.
How connected TV measurement proves its performance marketing potential
Proper measurement on CTV not only shows its value over linear TV advertising, it showcases its performance marketing bonafides.
CTV is where the viewers go and advertisers should follow
Massive popularity translated into the explosive surge in CTV media buying, and now both content consumption on CTV and ad spend are climbing while the ad budgets on traditional television are decreasing.
Riding The Streaming Wave To Reach Audiences At Scale
Until recently, advertisers have relied heavily on linear TV and social media to reach large, highly engaged audiences. To navigate our new landscape, brands must look for new options that offer control, flexibility and scale, and CTV offers just that.
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