Home CTV Roundup Netflix Put Its Own Spin On The Upfronts To Pique Advertiser Interest

Netflix Put Its Own Spin On The Upfronts To Pique Advertiser Interest

SHARE:
The Netflix upfront event in New York City, courtesy of Netflix.
The Netflix upfront event in New York City, courtesy of Netflix.

Netflix had a less-than-conventional upfront.

Like YouTube – also an upfronts outsider – Netflix added a cocktail party and networking event to the typical agenda of parading content and talent in front of advertisers.

Unlike YouTube’s Brandcast event, ad tech was the star of the show.

Netflix published a blog post with its meaty ad tech upgrades several hours ahead of the social gathering so as to give advertising its time in the spotlight.

Not that Netflix didn’t hype its content.

In addition to taking execs through new subscriber stats, programmatic partnerships and plans to launch its own ad platform, Netflix hosted a separate event open to the press to showcase its content with exhibits and activities. Rooms at the event were decorated to resemble hit Netflix shows like “Bridgerton,” “Wednesday” and “Squid Game,” complete with actual games for ad execs to play for prizes, including branded merch.

But whereas typical upfront events mesh trailers and ad products together into one big performance, Netflix’s atypical approach was a way to differentiate itself from competitors and hopefully pique the interest of more advertisers.

If Netflix is trying to do anything right now, it’s to stand out from the crowd by proving it has both the content and ad tech chops to wrest ad dollars from legacy broadcasters and their streaming services, too.

The Netflix effect

Beyond a ploy for attention, Netflix’s alternative approach also suggests the upfront model may be more malleable than we think.

If its spin on an upfront event helps score bigger-than-expected ad budget commitments during negotiations, Netflix’s competitors might consider copying the idea of packing more interactive and memorable events into their upfronts on top of the canned presentations and celebrity cameos that define upfronts today.

Subscribe

AdExchanger Daily

Get our editors’ roundup delivered to your inbox every weekday.

Giving content and advertising their respective stage time could help leave a more indelible imprint on the minds of marketers.

Besides, it wouldn’t be the first time programmers copied something from Netflix.

Are you enjoying this newsletter? Let me know what you think. Hit me up at [email protected].

Must Read

Can E.L.F. Cosmetics Become A Consumer Destination, Not Just A Brand?

History can be a burden for a brand, if it means that company is too set in its ways to pivot and try new things. Just consider e.l.f. Cosmetics, the digitial-first, social-native brand that made good.

Digital-native brands need to figure out how to win in retail shelves. They're finding it difficult, to say the least.

DTC Brands Are Learning The Hard Way That Winning In Retail Can Be A Losing Bet

Digital-native brands need to figure out how to win in retail shelves. They’re finding it difficult, to say the least.

Browser Extension Developers Say Google And Apple Need CMA Oversight

A group of 20 web app developers sent a letter to the CMA claiming the regulator’s proposed remedies for increasing competition among mobile browsers do not address barriers to entry for mobile web extensions on iOS and Android.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
A comic depicting people walking past digital billboard screens in a city

TikTok Wants To Win All The Screens, Not Just Your Smartphone

“There are billions of additional screens outside of mobile phones,” says Dan Page, TikTok’s global head of partnerships and new screens. “We want to be in all of them.”

The Trade Desk Says UID2 Has Now Reached ‘Critical Mass’

The Trade Desk delivered another smash earnings report. Meanwhile, Unified ID 2.0, the open-source identity initiative, has “reached a critical mass of adoption,” CEO Jeff Green told investors.

Publicis Acquired Retail Tech With Agency Clients – And Now Those Agencies Want Out

Many of Publicis’ fastest-growing and most strategic business units – including CitrusAd, Profitero, Epsilon and Conversant – earn a large chunk of their revenue from other agencies. Is that a problem?