This transition led to a new title as
general manager of strategic ventures.
Steib is most proud of his role as a co-founder and leader of NBC Weather Plus,
the first all-digital broadcast television
network. “We reached more than 90
percent of the nation’s digital broadcast
households, and Weather Plus became
NBC’s de facto weather brand,” Steib says.
“With NBC’s acquisition of The Weather
Channel a few months back, it’s now part
of that business.”
Steib and his team followed Weather
Plus by launching NBBC — a marketplace for digital video syndication, which
is now part of hulu.com. “The NBBC
launch had a lot of fanfare,” he says. “It
was the first time a network had worked
aggressively to syndicate video online in
an ad-supported way.”
How Does It Work?
Steib’s expertise in linking television
content with the Web and other digital
media made the transition to head up
Google TV Ads a natural fit. He joined
the company in January 2007, right as TV
Ads was heading into a small alpha-trial
with a Walnut Creek, Calif.- based cable
operator. “The test went well, and we
launched with DISH in May 2007,” Steib
says. For 11 months, the service was available to advertisers by invitation only, but
Google TV Ads made its platform open
and available to all advertisers in April.
Steib contends that the concepts
behind the creation of Google TV Ads
were rooted in a belief that the company’s
technology capabilities could extend to
television, and that television advertising’s move toward a more DR-esque
methodology lended itself to increased
measurement. “Google has a heritage of
employing technology to make ads more
relevant for consumers, and more profitable for advertisers,” Steib says. “We believed TV advertising could be improved
by bringing Internet technology and its
accountability to TV.”
Steib says the idea of adding a new
level of viewer measurement technology
appeals everyone in the space. “There is
so much unmeasured and under-measured
advertising on television,” Steib contends. “The original idea was ‘Wouldn’t
it be cool to use set-top boxes to measure
advertising at a census level?’ Online,
advertisers react quickly to measured
effectiveness of ads. They are quick to
observe response, understand the underlying trends and react. The TV world has
not been able to move as quickly, even in
DR. If Google could bring those tools for
optimization from the Web to TV, creating real-time reporting on clearance, all
marketers could benefit.”
But how exactly does Google TV Ads
— which is touted by the company as
“the first digital system for buying, selling,
delivering and measuring television ads”
— work? Simply, Google TV Ads allows
CONTINUED >
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