Advertise In Vegas Advertise In Vegas

OTT & CTV: Who Watches Streaming Video In Las Vegas?

Mar 19, 2021 3:34:58 PM / by Larry Julius

OTT and CTV advertising in Las VegasEach week, according to Nielsen, 68.6% of Las Vegas consumers watch video programs that aren't delivered over-the-air by local TV stations.  They aren't coming from a local cable company or by satellite.  Instead, these programs are being streamed directly to viewers via an internet connection.

This type of streamed video content is called OTT (Over-The-Top-Television) or CTV (Connected-Television). These two terms are sometimes are often used interchangeably but do have a subtle difference.

OTT generally means the video is watched on a small device like a computer, tablet, or smartphone.  CTV, on the other hand, typically means the content is viewed on a smart-TV or a regular television using a streaming device like a Roku or Amazon stick.

In Las Vegas, OTT/CTV has exceeded the weekly reach of local newspapers and streaming audio services such as Pandora and Spotify. The medium is rapidly approaching the reach of local cable and broadcast TV stations.

Advertising In Las Vegas OTT & CTV Reach

Although OTT/CTV is used by adults of all ages, the audience reach tends to be greater among younger viewers.

Advertise In Las Vegas OTT & CTV - AGE

Las Vegas consumers can choose to watch OTT/CTV content without advertising from services like Netflix, Prime Video, Disney+, or HBO Max. Because these networks provide commercial-free programming in exchange for a subscription fee, they are referred to as SVOD or Subscription-Video On-Demand.

Other networks offer its programming free (or at low-cost) to Las Vegas consumers. The trade-off, however, is the content contains advertising, similar to traditional cable and TV.  Because these channels make money from advertising revenue, they are referred to as AVOD (Advertiser-Supported-Video-On Demand). The most well known of these channels are NBC's Peacock, Hulu, Paramount+, Fubo, Vudu, and Crackle.New call-to-action

According to IAB, 45% of all consumers who watch OTT/CTV regularly are tuning-in to AVOD networks. This makes OTT/CTV a viable advertising medium for Las Vegas small business owners to market their goods and services.

Advertise In Las Vegas AVOD on OTT CTVThe Las Vegas consumers who watch OTT/CTV content are remarkably diverse. This allows local business owners to easily target audiences who are most likely to become customers.

For instance, each week, according to Nielsen, OTT/CTV reaches well over two-thirds of adult consumers in Las Vegas who are African-American, White, or Hispanic.Advertise In Las Vegas Ethnicity

Because many OTT/CTV networks require a financial commitment from Las Vegas viewers, the reach among consumers in higher-income households tends to be greater.

Streaming Video Advertising In Las Vegas-Income

In the Las Vegas area, OTT/CTV reaches a large majority of all adult consumers who are employed. The audiences tend to favor, though, those who have white-collar jobs.

OTT & CTV advertising in Las Vegas Employment Status

Finally, according to Nielsen, OTT/CTV is more likely to be consumed by adult consumers who have children under the age of 18 living at home.

Advertise In Las Vegas OTT & CTV...Reaching Parents

Perhaps the greatest benefit of OTT/CTV to both Las Vegas consumers and advertisers is that the medium is portable. Unlike local TV and cable, streaming video services are available anywhere the consumer has an internet connection. In 2020, according to a survey by Leichtman Research, 55% of adults watched video content on a mobile device such as a smartphone or tablet.  This up from 46% in 2019, and 33% in 2018.

Adding OTT/CTV advertising to a marketing campaign is not difficult.

Las Vegas small business owners and marketers can purchase OTT/CTV advertising through several local media companies, including Beasley Media Group. The cost to advertise is based on the number of advertising impressions utilized.

More Advertising Advice For Las Vegas Small Business Owners

Advertise On Las Vegas Radio Stations

Topics: small business advertising, small business owner, advertise in las vegas, las vegas small business owner, online advertising, internet advertising, digital advertising, best way to advertise, small business, small business marketing, Streaming Video, OTT, CTV, svod, avod

Receive Great Advertising Advice Direct To Your Inbox...

Advertise On Las Vegas Radio

Recent Posts

Our Social Media