eBooks

Guide to TV and Video for Biopharma Marketers

An introduction to the TV and video landscape for ad campaigns

The TV and video landscape is complex, with multiple ways to consume content – including traditional TV, connected TV, and online video. With the variety of choices, marketers and their agencies must adapt quickly to keep up with existing and emerging channels to reach their desired audiences.

Biopharma marketers need to reach highly qualified health audiences to ultimately influence actual health outcomes, such as driving new patient starts. This eBook provides an overview of available TV and video channels, including audience targeting and measurement capabilities, to help biopharma marketers choose the right video platforms to achieve their campaign goals.

Video as a holistic strategy

While the video landscape is fragmented, it’s still important for marketers to think about reaching their target audience across these various channels as a holistic strategy. After the target audience is identified, marketers and their media agencies can determine the different video channels where they can best reach their audience. Through upfronts, marketers can buy any type of video inventory in advance to secure discounted pricing. While most TV inventory is bought during TV upfronts, video can also be bought outside of the upfronts and throughout the year.

Once marketers determine the right media mix, measuring every TV and video dollar across the entire plan is crucial to understanding how media is working to influence actual health outcomes and if and where any optimizations make sense.

Video platforms: Understanding the basics

To successfully expand and execute a video strategy, marketers need to understand the available platforms, including the audience targeting capabilities and how the media is measured.

Measuring and testing campaign performance once the campaigns are in flight can provide key insights to determine if and when marketers should make optimizations. While traditional digital marketing metrics, such as unique viewers and click-through rates, show high-level campaign engagement, biopharma marketers need to understand the impact on actual health outcomes. Third-party measurement and analytics providers specializing in life sciences can provide additional granularity by connecting media exposure data to health behavior to tie media investments to health outcomes. Having a common currency to compare all video placements across the plan makes it easier for marketers to optimize campaigns quickly.

Once metrics are in place to evaluate media effectiveness, it is important to measure campaign performance. Audience quality, based on health data, is an early indicator of campaign success. Marketers can then reallocate investments within and across publishers if initial metrics indicate the campaign is not performing as planned.

Making timely optimizations throughout a campaign can increase media efficiency by as much as 10-25%. Media partners can help marketers improve campaign performance by helping advertisers reallocate spending within their platforms. Here is a breakdown of the various video platforms, including how media is purchased, targeted, and measured.

LINEAR VIDEO

Linear refers to TV delivery in a passive, “lean back” environment where network programming runs continually and is synonymous with what we call traditional TV.

Traditional TV

Linear TV Live or Time-Shifted [Video-on-Demand (VOD), DVR]
OVERVIEW

Delivered via over-the-air broadcast, cable, or satellite set-top box services (Multichannel Video Programming Distributors, MVPD, and Virtual Multichannel Video Programming Distributors, vMVPD)

Often serves as the anchor within video launch plans because it is an effective way to reach a broad audience and drive awareness

EXAMPLES

Network providers such as ABC, ESPN, and NBC

Time-shifted live TV such as YouTube TV or Hulu Live

AD PURCHASING

Purchased directly with TV networks by a media agency during annual upfronts or through scatter buys throughout the year

A fraction of spots are reserved for local placements; cable companies or streaming platforms can place those spots with their own advertising

TARGETING

Targeted toward large demographic groups

First- and third-party data sets used to evaluate the audience composition of networks, dayparts, and programs

For time-shifted live TV on streaming platforms, ads can be targeted with third-party data, such as health audience segments, to reach highly qualified health audiences

MEASUREMENT Measured using panels that can be matched to health data; health metrics can include audience quality and prescription lift
Addressable Linear TV
OVERVIEW Delivers targeted ads to different households watching the same program through MVPDs
EXAMPLES Cable and satellite providers include DISH Media, Comcast, Verizon, and Spectrum
AD PURCHASING

Based on impressions of advanced, custom audiences and executed directly with cable and satellite operators

Mostly purchased during annual upfronts, buyers also have the ability to buy throughout the year

TARGETING

Targeting includes household interests, habits, geography, health audiences, and demographics

Data sources for targeting include cable or satellite set-top boxes, third-party offline data, and subscription data

MEASUREMENT Measurement connects household level set-top box data matched back to health data; health metrics can include audience quality and prescription lift
Data-Driven Linear TV
OVERVIEW

National linear TV approach with the ability to overlay custom audience segments MVPDs

Marketers can select the programs where they want to advertise based on specific target audience indices

EXAMPLES Direct partners such as NBC, FOX, and AMC
AD PURCHASING

Generated and executed with direct partners such as TV networks by a media agency

Usually bought quarterly to allow for optimizations; minimums apply (time, investment, reach)

TARGETING Strategic health audience segments are established using partners such as Crossix or Epsilon that are activated across multiple TV networks
MEASUREMENT Measured using panels that can be matched to health data; health metrics can include audience quality and prescription lift

NON-LINEAR VIDEO

Any method or technology that allows viewers to select which content they watch and when they watch it.

Streaming

Includes video content accessed and consumed on internet-connected devices (TVs, desktops, tablets, and mobile devices). Streaming is often an umbrella term for video content served over the internet, including connected TV, streaming live TV, full episode players, and free ad-supported on-demand video.

Streaming TV
OVERVIEW

Distributors aggregate live and on-demand TV and deliver the content over the internet

On-demand apps sometimes referred to as full episode players (FEP)

EXAMPLES Hulu, Amazon Prime, Disney + Peacock, and Paramount +
AD PURCHASING

Purchased during TV upfronts; Can also be purchased throughout the year

Direct insertion orders or programmatically

TARGETING Ability to layer third-party health audience segments to reach highly qualified health audiences
MEASUREMENT Measured by exposures to devices and then matched back to health data; health metrics can include audience quality and prescription lift
Connected TV (CTV)
OVERVIEW

Any TV that has the ability to be connected to the internet to enable the streaming of video content, usually through native streaming applications within the operating system or through devices that plug into a TV’s HDMI port

EXAMPLES

Samsung TV, Roku

Amazon Fire Sticks, Apple TV, and video game consoles

AD PURCHASING

Purchased during TV upfronts; Can also be purchased throughout the year

Direct insertion orders or programmatically

TARGETING Ability to layer third-party health audience segments to reach highly qualified health audiences
MEASUREMENT Measured by exposures to devices and then matched back to health data; health metrics can include audience quality and prescription lift
Free Ad-Supported Video on Demand (AVOD)
OVERVIEW Apps where customers watch content free of charge but are shown ads during breaks in the content stream
EXAMPLES AVOD apps include Pluto TV and Tubi
AD PURCHASING

Purchased as part of upfronts with the app parent company (e.g. Fox, Paramount)

Direct insertion orders or programmatically

TARGETING Ability to layer third-party health audience segments to reach highly qualified health audiences
MEASUREMENT Measured by exposures to devices and then matched back to health data; health metrics can include audience quality and prescription lift
Online Video (OLV)
OVERVIEW Delivered within websites, apps, or rich media
EXAMPLES

YouTube and Vimeo

Pre-roll, mid-roll, or interstitial ads within traditional websites such as news or sports sites

AD PURCHASING Usually bought programmatically; can also be purchased directly through an insertion order
TARGETING Ability to layer third-party targeting segments to reach highly qualified health audiences
MEASUREMENT Measured by exposures to devices and then matched back to health data
Social Video
OVERVIEW

Appears in social feeds, often set to auto-play

Usually limited to shorter placements, such as 6-second creatives

EXAMPLES Video ads on Facebook, X (formerly Twitter), Instagram, and TikTok
AD PURCHASING Directly through social platform providers
TARGETING Ability to layer third-party targeting segments to reach highly qualified health audiences
MEASUREMENT Often only accessible through media owner

Want to learn more about how to thrive in an evolving digital landscape? Read our blog for 4 practical tips.

Interested in learning more about how Veeva can help?