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BMA’s View: Cross-Platform Audience Data And Content Monetisation – The Broadcast Media Imperative

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BMA’s View: Cross-Platform Audience Data And Content Monetisation – The Broadcast Media Imperative

July 21, 2024
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[This article is written in support of the International Summit on Advertising And Audiences Management For Digital Broadcast Media coming up on 06 – 07 August 2024 in Johannesburg, South Africa

Learn more about the event here]

In the dynamic world of broadcast media, cross-platform audience data and monetisation are critical pillars of success. As audiences consume content across various devices and platforms, broadcast media organisations must adapt to provide seamless and cohesive experiences. 

In this article, we explore how broadcast media managers and executives can implement cross-platform audience data and monetisation strategies within their businesses.

First, why cross-platform integration?

  • Consistent User Experience: In today’s digital age, audiences expect a consistent experience whether they are watching a television broadcast, streaming on a mobile device, listening to audio or interacting through social media. Cross-platform integration ensures that users can transition smoothly between different platforms without losing the context of their experience. 
  • Comprehensive Audience Insights: Cross-platform integration enables broadcast media organisations to gather and analyse data from various sources, providing a holistic view of audience behaviour and preferences. This comprehensive insight is invaluable for tailoring content and advertisements to meet different audience segments’ specific needs and interests. It also helps identify trends and make informed decisions about programming and marketing strategies.
  • Enhanced Monetisation Opportunities: Cross-platform integration opens up new avenues for monetisation. By offering a seamless experience across platforms, broadcasters can create unified advertising campaigns that span television, online streaming, and social media. 

So, what must broadcast media executives do to achieve success.

  • Invest in Unified Content Management Systems (CMS): A robust CMS that supports cross-platform distribution is essential. This system should allow content to be easily published and managed across various platforms, including television, websites, mobile apps, and social media channels. The CMS should also facilitate the tracking and analysis of audience interactions across these platforms.
  • Develop Responsive and Adaptive Content: Content should be designed to be responsive and adaptive to different platforms. This means creating formats that work well on large television screens and smaller mobile devices. Responsive design ensures the user interface adjusts seamlessly to various screen sizes and resolutions, providing a consistent and enjoyable viewing experience.
  • Leverage Data Analytics Tools: Employ advanced data analytics tools to collect and analyse data from all platforms. These tools can provide insights into audience demographics, viewing habits, and engagement levels. By integrating data from multiple sources, broadcasters can comprehensively understand their audience and tailor their content and advertising strategies accordingly.
  • Ensure Seamless Integration of Technology: Invest in technology that supports seamless integration across platforms. This includes developing or adopting applications and software that facilitate content sharing, user authentication, and data synchronisation. APIs (Application Programming Interfaces) can enable different systems and platforms to communicate and work together efficiently.

Cross-platform integration is a technological challenge and a strategic imperative for broadcast media organisations. Broadcasters can stay competitive and relevant in a rapidly changing media landscape by ensuring a consistent and seamless user experience, gaining comprehensive audience insights, maximising reach and engagement, and enhancing monetisation opportunities. Investing in the right tools, technologies, and strategies to achieve cross-platform integration will pay dividends in terms of audience loyalty, engagement, and revenue growth.

[This article is written in support of the International Summit on Advertising And Audiences Management For Digital Broadcast Media coming up on 06 – 07 August 2024 in Johannesburg, South Africa

Learn more about the event here]

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