The U.S. out-of-home ad industry’s Traffic Audit Bureau this morning unveiled plans for a “major” overhaul of the industry’s audience measurement system. The first phase of the plan, which was unanimously approved by the TAB’s board, will begin a “testing phase” aimed at developing “significant improvements” in the way the TAB measures audiences.
The project, which is code-named “Operation “M.O.R.E.,” stands for measurement optimization and ratings enhancement, and comes at a time when the advertising and media industries seem to be zero-basing much of their thinking about audience ratings in an effort to get more accountability, transparency and proof-of-performance.
The current TAB ratings system, which functions more or less as the ad industry’s out-of-home ratings “currency,” was originally released in 2010, and upgraded to include digital ratings in 2015.
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The TAB said the new system will seek to enhance that by enabling advertisers to measure “seasonal variation” and dayparting, as well as expanding coverage to additional out-of-home ad formats not previously measured.
The new system is also expected to provide “advanced audience profiles” and enable “pre- and post-campaign analysis.”
The TAB said a special committee has been organized to oversee the project and that it will review a “short list” of research and data providers that will participate in the test.
In a statement, TAB President Kym Frank said the the goal of the project is to incorporate “information collected from sources like connected cars and smartphones” to improve how consumer exposure to out-of-home advertising can be observed throughout a consumer’s day.