Posts for 'Shopify'

Yesterday’s partnership announcement between Roku and Shopify brings CTV advertising another step closer to realizing its ultimate potential as a full-funnel channel for advertisers. Loyal VideoNuze readers know that I have been advocating for CTV advertising to become full-funnel for a while now (see “How CTV Advertising Can Drive Super Bowl Ads Above $10 Million Per Spot,” “Behold, YouTube,” “The CTV Advertising Flywheel is Here, and It’s Only Going to Accelerate,” and “Connected TV’s Big Opportunity at the Bottom of the Funnel.”).

CTV advertising is of course surging these days, with eMarketer forecasting CTV ads in the U.S. alone will more than double to over $27 billion in 2021. CTV ads are benefiting from proliferating adoption of CTV devices, many new streaming services creating compelling content for audiences, cord-cutting, and massive changes in viewers’ behaviors. Still, when I talk to industry executives, there’s broad consensus that today CTV ad spending is coming mostly from the shift in spending from linear TV to CTV as advertisers seek to maintain their reach and frequency goals. In other words, CTV is mainly a “follow the eyeballs” strategy.

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