Media Releases

ThinkTV launches Media Engine, democratises data to enable econometric modelling for brands

23 March 2022: The Media Engine empowers marketers to create better briefs by outlining the optimal media splits to generate revenue.

In an Australian first, ThinkTV has launched the Media Engine, a planning aid for advertisers that draws on sales and campaign data from 60 Australian brands across 10 categories with collective annual advertising spend of $450 million and turnover of $23 billion.

The robust, real-life, free tool, available here democratises the data marketers need for designing campaigns. Built with Australian marketers and their agency partners in mind, the Media Engine shows how media can be used to generate significant returns.

The launch follows research conducted by the BetterBriefs Project which found 90 per cent of marketers fail to brief agencies effectively with a third of marketing budgets being wasted by bad briefs, equating to more than $200 billion in global ad spend.

ThinkTV CEO Kim Portrate said: “There’s nothing more powerful than econometric modelling to demonstrate how media investment can generate business results. But not all brands have access to wide-scale modelling. We reckon everyone should have this information at their fingertips to help grow their business. So we built the Media Engine to level the playing field.”

Marketers can select from eight inputs to customise the tool’s recommendation:

  • Category
  • Market approach (e.g., mass-market or niche)
  • Percentage of sales that come from online
  • Brand size
  • Annual media spend
  • Risk profile – appetite for the variability of the sale outcome
  • Competitiveness of the category
  • Consumer switching behaviour in the category

Based on these key variables, the Media Engine outlines the ideal media investment to generate revenue returns.

ThinkTV CEO Kim Portrate said: “Great results come from great campaigns and great campaigns begin with great briefs. The Media Engine will help you power up your revenue with all three.”

The engine is fuelled by analysed data from The Payback Series research, conducted by ThinkTV in conjunction with Professor Peter Danaher, Head of the Monash University Department of Marketing and Professor of Marketing and Econometrics, GroupM and global marketing effectiveness consultancy Gain Theory.

Media Enquiries
Brooke Hemphill
bhemphill@premiumcontentalliance.com.au
0419 351 445

About ThinkTV
ThinkTV works with the marketing community to lead a collective effort that demonstrates how advertising in broadcast-quality content environments provides the greatest return on investment.

Find out more:
thinktv.com.au

Media Releases
26th Aug

Total News maintains readership growth

22 August 2022: Total News readership is up 0.8 per cent for the 12 months to June 2022 as news reaches 97 per cent of Australians over the age of 14. The latest release of Total News readership shows news consumption continues to grow with 20.5 million Australians consuming news in a four-week period, an […]

Total News maintains readership growth

22 August 2022: Total News readership is up 0.8 per cent for the 12 months to June 2022 as news reaches 97 per cent of Australians over the age of 14. The latest release of Total News readership shows news consumption continues to grow with 20.5 million Australians consuming news in a four-week period, an […]

Media Releases
26th Aug

Total TV advertising market records $4.3 billion for 12 months to June 2022

8 August 2022: Total TV revenue increases 11 per cent for the 12 months to June 2022 while BVOD growth continues to accelerate – up 53 per cent. ThinkTV has today announced the total TV advertising revenue figures for the six and 12 months to 30 June 2022. The total TV advertising market, which includes […]

Total TV advertising market records $4.3 billion for 12 months to June 2022

8 August 2022: Total TV revenue increases 11 per cent for the 12 months to June 2022 while BVOD growth continues to accelerate – up 53 per cent. ThinkTV has today announced the total TV advertising revenue figures for the six and 12 months to 30 June 2022. The total TV advertising market, which includes […]

Media Releases
25th May

Total News readership continues to grow

23 May 2022: Total News readership is up 0.9 per cent for the 12 months to March 2022 as news continues to reach 97 per cent of Australians over the age of 14. The latest release of Total News readership shows news consumption continues to grow with 20.5 million Australians consuming news in a four-week […]

Total News readership continues to grow

23 May 2022: Total News readership is up 0.9 per cent for the 12 months to March 2022 as news continues to reach 97 per cent of Australians over the age of 14. The latest release of Total News readership shows news consumption continues to grow with 20.5 million Australians consuming news in a four-week […]

There are no results to display. Please try a different keyword or reset the filters to see everything.