Comcast Advertising and Clarivoy Continue Partnership to Enhance Automotive Advertising Measurement
Partnership Expansion between Comcast Advertising and Clarivoy
In a significant step forward for automotive advertising, Clarivoy has announced an extension of its multi-year partnership with Comcast Advertising. This collaboration aims to enhance the measurement of television and streaming media’s effectiveness, providing automotive retailers with precise attribution that connects media exposure directly to sales outcomes.
The newly extended partnership builds upon Clarivoy's established role within Comcast Advertising's Outcomes+ platform, which offers advertisers a state-of-the-art solution for targeting and measuring advertisement impact. The partnership now enables automotive advertisers to effectively measure the influence of their TV and streaming advertising efforts on dealership visits, shopper engagement, and ultimately, vehicle sales.
For instance, the partnership has already shown substantial results for Harbor Nissan, a dealership located in Port Charlotte, Florida. Through this collaboration, they have successfully reversed a three-year decline in sales, generating a remarkable 24.6% increase in new vehicle sales year-over-year within the campaign's targeted ZIP codes. This performance outstrips both the Nissan brand's overall growth of 13.6% and 6.8% growth seen by other dealers across various brands.
Notably, 36% of all new and used vehicle sales over the reporting period were attributed to households that had been exposed to the advertising campaign. Additionally, the campaign effectively produced over 4,800 new leads, resulting in more than 300 verified vehicle sales, a striking achievement that underscores the power of targeted advertising.
Kelley Munsell, Operations Manager at Harbor Nissan, expressed enthusiasm about the partnership and the results it had provided. She noted, "TV and streaming is a little scary to jump into, although that's exactly where the industry is going. When we're able to see the black-and-white results from a campaign, and then watch those campaigns grow legs as results continue to build even after the campaign is over, it is extremely exciting. It gives us great confidence in where we're taking our advertising forward."
Steve White, the CEO of Clarivoy, emphasized the transformative potential of this partnership, stating, "Automotive marketers have always believed TV and streaming influence sales. Now they can prove it. Our continued partnership with Comcast Advertising gives dealers deterministic measurement that connects household-level media exposure to real business outcomes, allowing them to invest with greater confidence and optimize their marketing based on facts rather than assumptions."
This partnership marks a pivotal milestone, reflecting the ongoing evolution of the automotive industry as it shifts its media investment towards modern platforms like streaming and connected TV. White remarked, "As the automotive industry continues shifting media investment toward streaming and connected TV, independent measurement has become more important than ever. Together with Comcast Advertising, we're helping dealers move beyond impressions and clicks to understand exactly which media investments are driving customers into the showroom and influencing vehicle sales."
By analyzing millions of automotive shopping journeys each month, Clarivoy facilitates a privacy-conscious evaluation of marketing performance by linking media exposure to various consumer actions, including digital engagement and dealership visits. This comprehensive view empowers automotive marketers with the insights necessary to make informed investment decisions that boost overall performance.
In conclusion, the extension of the partnership between Clarivoy and Comcast Advertising signifies a crucial development in the automotive industry's approach to advertising, ensuring that dealerships can navigate the complexities of modern media with greater clarity and confidence.