Paul Gleb, a former senior director at Bayer with a wealth of knowledge in sports marketing, joins Scott Young, co-founder of Transmit Live, who specializes in live sports technology. They dive into the evolving landscape of sports advertising in the streaming era. Topics include how ad-supported streaming can enhance subscription models and why live sports remains a premier advertising venue. They discuss the power of premium moments, the challenges of new media rights, and how technology can help brands—both big and small—maximize their advertising impact.
Advancements in advertising technology enable targeted ads during live sports, enhancing viewer engagement through personalized experiences and strategic placements.
Ad-supported streaming models allow brands to access new audiences and diversify revenue streams while integrating advertising seamlessly into the viewing experience.
Deep dives
The Evolution of Ad Technology in Sports Streaming
The podcast highlights the significant advancements in advertising technology within the realm of sports streaming, particularly since the early 2000s. Previously, the industry focused primarily on ensuring streaming reliability while employing traditional ad insertion methods akin to television. As technology has stabilized, there is now an emphasis on enhancing the viewer experience through innovative ad formats and targeted advertising. This shift is crucial as media rights costs rise, prompting the need for effective monetization strategies that do not detract from audience engagement.
The Impact of Targeted Advertising on Viewer Engagement
Targeted advertising can significantly enhance the viewer experience by delivering relevant ads during key moments in live sports events. For instance, ads can be inserted at strategic points, such as game highlights or significant plays, without interrupting the viewing experience. This approach allows for personalized advertisements that cater to individual audience preferences, fostering a deeper connection with both the content and the brand. By leveraging real-time data and contextual relevance, advertisers can optimize their messaging, thereby increasing viewer retention and engagement.
Transforming Brands' Investment Strategies in Sports
The podcast discusses the transformative potential of advertising in sports for brands traditionally reliant on subscription-based models. With streaming platforms increasingly providing ad-supported options, brands can access new audiences and create value without the high costs associated with linear TV advertising. This flexibility enables businesses of various sizes to engage effectively with consumers during live sports events, making it possible to capitalize on the emotional connection fans have with their teams. This paradigm shift can ultimately lead to diversified revenue streams for both advertisers and content providers.
Future Trends in Live Sports Advertising
The future of sports advertising is poised for growth and innovation, particularly as advertisers seek to integrate their messages more seamlessly into the viewing experience. There is an emerging trend toward creating personalized ad experiences that blend content and advertising to enhance viewer engagement. Additionally, the synchronization of advertising across various platforms—such as in-arena promotions, digital screens, and streaming—offers a holistic approach to capturing audience attention. This convergence of media will likely redefine how brands interact with consumers, emphasizing relevance and contextuality in advertising efforts.
As sports broadcasting steadily moves towards more streaming, the opportunities within sports marketing are also evolving. On this episode of StreamTime Sports host Nick Meacham discusses the development of ad technology, how to make live sports pay, and the challenges of the digital revolution. Joining the show are Paul Gleb, former senior director at Bayer, and Scott Young, co-founder and chief product officer at Transmit Live, to share their first hand experiences on how brands can make the most of sports advertising.
Key points:
How can ad-supported streaming complement subscription models?
Why is live sports still the top destination for advertising?
How can technology help small brands maximise their returns?
What are the new opportunities streaming presents for media buying?
What impact does ad technology have on the consumer?
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