An April 1st VAST Ultimatum Is No Joke
Wednesday, March 16th, 2011
Ikon Australia published a ground-breaking press release last week. The release states unequivocally that Ikon will only work with VAST compliant publishers as of April 1st. MediaMind approached Sandra Wee, Digital Director at Ikon, for the story behind their bold move:
What brought you to take this stance in favor of VAST?
With an average of 15% of our TV budget being allocated to digital video strategies, it highlighted the need for robust measurement and data transparency across our digital video buys.
With the digital video market expected to grow significantly this year, it is vital that Ikon has complete visibility around reach and verification that our ads have run. That is why we made the stance to only run with publishers who are VAST compliant from 1st April.
What are the benefits VAST is bringing to the buy side?
From an agency perspective, there are 3 main reasons why VAST is so important:
1. Transparency in reporting metrics across publishers. e.g.,: dwell time, publisher duplication, video completion rate, reach & frequency. Without a standardized ad serving system, measurement differs from publisher to publisher with different methodologies and an inability to measure duplication across a media buy.
2. Frequency capping: Advertisers are reliant on the publisher to perform the due diligence on frequency capping your digital video buy. Ever seen the same TVC 5 times in a 45 min program on catch-up TV? Yes, it’s annoying and VAST means agencies can now control frequency.
3. Reduces creative inefficiencies and costs associated with having to create multiple video creative specifications for different publishers.
Without VAST, agencies are very much in the dark when it comes to measuring the success of digital video and verifying if our ads have run. With an average of 15% of Ikon’s TV budget being allocated to digital video, it is pertinent that we are able to look at our campaign from a holistic view rather than rely on publisher data.
How did publishers respond to your announcement?
We did get some reactions from publishers- all positive and supporting our stance.
You mentioned an April 1st dead line? Why then?Based on the research of our key digital video publishers, we understood their rollout with being VAST compliant and 1st of April was a realistic timeline without too many implications across our client set.
What’s the status of the standards (VAST, VPAID) adoption in Australia and APAC?
Most of the digital video publishers in AU aim to be VAST compliant towards the end of March- April of this year. VPAID is also on the radar but this will come once VAST2.0 is implemented.
We think that the video networks will be leading the market by being the first ones to adopt VPAID over the portals here in AU.
What else can be done as an industry effort to promote adoption?
We think there could potentially be more trade press from the IAB promoting what VAST 2.0 is and the benefits for both advertisers and publishers.
To learn more about MediaMind and VAST 2.0, please visit our website here.










