measuring & bench-marking digital signage

22
Measuring and Benchmarking Digital Signage Performance Digital Signage World Asia 2013

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This presentation was delivered at a seminar during Digital Signage World Asia 2013. The aim was to address the need for digital screen media, especially screen networks to understand and measure audience data but also to point out the positive prevailing capabilities for digital signage to prove its value and effect on a solid footing verses other media. The presentation also identifies latest learning and insights for successful deployment of screen networks, whether for enterprise, retail or advertising purpose.

TRANSCRIPT

Page 1: Measuring & Bench-marking Digital Signage

Measuring and

Benchmarking

Digital Signage

Performance

Digital Signage World Asia 2013

Page 2: Measuring & Bench-marking Digital Signage

Measuring & Benchmarking Digital Signage

Contents:

DS as a communication tool

Measurement

Benchmarking

Performance

Application

Page 3: Measuring & Bench-marking Digital Signage

Digital Signage Value Proposition

Valuable communications tool:

1. Customer dialogue 2. Brand image / product information 3. Employee engagement / training

Important channel – fills gaps between advertising, PR, Extranet, Intranet, social, etc.

Create attention for key messages and content – in your own environments

Venues become education & experience centres

Page 4: Measuring & Bench-marking Digital Signage

Reasons For DS Investment

Call To Action / Purchase / Sales Lift

Generate Inquiries / Interest

Improved Branding / Recall

Improve Visit Experience / Environment

Fast campaign roll-out to market

Reduce Perceived Wait Times

3rd Party Advertising Revenue

Increased Staff Knowledge / Awareness

Better Compliance / Control

Venue / Public Information

Safety (Liability Containment)

Creativity & integration with technologies

Page 5: Measuring & Bench-marking Digital Signage

Successful Digital Signage

1. Collect, analyze & respond to audience metrics

2. Set strategy & goals

3. Design effective content

4. Choose the right hardware and software

5. Successful deployment

Page 6: Measuring & Bench-marking Digital Signage

Do what works

Know what works

Page 7: Measuring & Bench-marking Digital Signage

What if already vested?

Keep what is working

Change what isn’t working

Not the

same

…even if this means

new investment

Page 8: Measuring & Bench-marking Digital Signage

DS Communication Strategy

NOT – Any Content, Any Time, Anywhere

Relevant to viewers

Influential to activities

Appropriate to attitude / frame of mind

Contextual

Call to action

The Right Time & Place

Right Content ?

Page 9: Measuring & Bench-marking Digital Signage

Measurement Issues

Online & Mobile – setting the bar at a high level

Other media are upping their game

Digital Signage is comparable and accountable;

Digital format

Real time

Proof of play

Interactive

Tracking options

Audience data

Page 10: Measuring & Bench-marking Digital Signage

Formal Measurement

Research & measurement tools for Digital Signage:

On Location Media / Nielsen In-Store / Nielsen IMMI

“OVAB release standard audience metrics for Digital OOH” http://www.digitalsignagetoday.com/article.php?id=20725&f=1

“Bus Riders Do Watch Onboard Screens” http://www.aka.tv/researchpapers/

“Nielsen Research Shows Shorter is Better” http://www.aka.tv/digest/24.asp

10-sec vs. 30-sec

156% greater ROI

Page 11: Measuring & Bench-marking Digital Signage

Informal Measurement Location Profiling

What is the venue

Activities

Influencers within those environments

Audience Profiling

Who are in the vicinity of screens

How do they view or get exposed to content

Dwell Time

Interaction time available to capture audience attention

Page 12: Measuring & Bench-marking Digital Signage

GROSS VENUE TRAFFIC

LESS VALUABLE

PRESENT IN THE

NETWORK ZONE NOTICE

NETWORK

DWELL

TIME

ROTATION

DURATION

VALUABLE &

BELIEVABLE

= AUDIENCE IMPRESSIONS

Different Levels Of Audience Measurement

Source: DIGITAL PLACE-BASED ADVERTISING ASSOCIATION GUIDELINES

Page 13: Measuring & Bench-marking Digital Signage

Anonymous View Analytics Intel AIM Suite

Page 14: Measuring & Bench-marking Digital Signage

Quividi

Page 15: Measuring & Bench-marking Digital Signage

121 View

http://www.121view.com

Page 16: Measuring & Bench-marking Digital Signage

Benchmarking

Predicted Exposure Actual Exposure

Now that we have better data

and actual exposure metrics,

we need to recalibrate our

measurement data

Page 17: Measuring & Bench-marking Digital Signage

Exposure vs. Interaction

CPM vs. CPC (Exposure vs. Interaction)

ROI is ROI, no matter what metrics or measurement method

OTS vs. AVI (Exposure vs. Actual Viewing Interaction)

Example:

OTS - 100,000 x 90 minutes

AVI - 30,000 x 20 seconds

Page 18: Measuring & Bench-marking Digital Signage

Insights

Not just audience in the vicinity, also:

Interaction

Attention

Effectiveness

Benchmarking v 2.0

Provides new data for the same situation

Opportunity is the same

Value statement is more accurate

Greater confidence – even though the net quantum is lower

Page 19: Measuring & Bench-marking Digital Signage

Audience

Goals

Content Systems

Implement

Performance

Test – Adjust – Optimise – Repeat

Page 20: Measuring & Bench-marking Digital Signage

Deployment Application

Must-Have Features & Functions:

Online, real-time platform

Audience detection

Analytics

Reporting

x

Future-proof

Page 21: Measuring & Bench-marking Digital Signage

Additional Features (optional)

Remote access

Individual addressable screens

Dynamic updates

Suite of interactive options

Mobile / Web Interface

Monitoring

Conditional content

Demographic matching

Real-Time Updates

DS

Page 22: Measuring & Bench-marking Digital Signage

Summary

Digital signage systems offer huge potential….

…. but issues to be addressed:

Understand DS as a strategic communication tool

Measure audience & effect

Benchmark for comparative value

Performance needs to be confirmed & refined

ROI includes less tangible benefits