Streaming TV vs. Prime Video Ads: A Head to Head Case Study
prime video Mar 24, 2024 1:17:54 PM Jacob Heinz 3 min read
In the competitive arena of digital advertising, two formidable contenders stepped into the ring for Manuka Doctor, a purveyor of New Zealand's finest Manuka honey.
Armed with identical $15,000 budgets, Prime Video Ads and Streaming TV prepared to duke it out, aiming to prove their worth in driving brand awareness, engaging potential customers, and converting sales.
Here's how the battle unfolded, complete with the hard-hitting numbers and percentages that marketers love.
Round 1: The Reach and Impressions Showdown
- Streaming TV came out swinging, delivering a heavyweight punch with 1,300,468 impressions, showcasing its ability to reach wide audiences across the digital landscape.
- Prime Video Ads, while not matching the sheer volume, countered with a strategic 442,818 impressions, focusing on precision and quality engagement.
Despite Streaming TV's impressive reach, this round highlighted the importance of targeting and engagement over sheer volume, setting the stage for a nuanced battle.
Round 2: Engagement and Conversion Clash
- Engagement: Prime Video Ads took the lead by drawing in 3,302 detail page views, outpacing Streaming TV's 2,550. This marked a significant 29.5% higher engagement rate, demonstrating Prime Video Ads' superior ability to captivate and interest potential customers.
- Conversion: The tides turned with Prime Video Ads converting 200 orders, a solid right hook that was 53% higher than Streaming TV's 131 orders. This round went to Prime Video Ads, showcasing its prowess in not just attracting viewers but converting them into buyers.
Round 3: Brand Awareness and New-to-Brand Metrics
- Branded Searches: Prime Video Ads delivered a 22.7% increase in branded searches (1,063 vs. 866), proving its effectiveness in boosting Manuka Doctor's brand recognition.
- New-to-Brand Orders: Prime Video Ads continued to dominate by welcoming 128 new-to-brand orders, a knockout punch that was 64% higher than Streaming TV's 78 orders.
This round demonstrated Prime Video Ads' strategic advantage in growing the brand's footprint and attracting new customers, crucial for long-term growth.
Round 4: The Efficiency Evaluation
- ROAS (Return on Ad Spend): Streaming TV showed resilience with a ROAS of 0.24, slightly outperforming Prime Video Ads' 0.19. However, the battle isn't won on efficiency alone.
- CPM (Cost per Thousand Impressions): Prime Video Ads had a higher investment cost with a CPM of $34.82 compared to Streaming TV's $11.85. This highlighted Prime Video Ads' focus on quality over quantity, a strategic choice for targeted engagement.
Conclusion: The Champion's Edge
The head-to-head battle revealed Prime Video Ads as the more effective contender for brands like Manuka Doctor, looking to drive meaningful engagement and sustainable growth. By focusing on targeted, quality interactions, Prime Video Ads offers a compelling platform for brands aiming to make a lasting impact.
For businesses weighing their options, this case study underscores the value of aligning advertising efforts with platforms that not only reach but engage and convert audiences effectively. Prime Video Ads, with its targeted approach and proven track record, offers a promising avenue for brands seeking to enhance their digital advertising strategy and achieve measurable results.
The Verdict
While Streaming TV showcased its strength in reach and efficiency, Prime Video Ads emerged as the champion in the critical arenas of engagement, conversion, and brand growth. With a 53% higher conversion rate and a 64% increase in new-to-brand orders, Prime Video Ads demonstrated its unmatched ability to not just reach but resonate and convert audiences.