Hulu offers cheaper ad solutions to small businesses and brands with smaller marketing budgets.
Hulu has just released a self-service tool for small and medium-sized businesses. The self-service allows businesses to buy ads on its service. The new Ad Manager tool launched and according to the company, it’s getting businesses to join in the beta test. Hulu’s director of Self Service Platform Sales, Faye Trapani said that this advanced advertising solution will allow small businesses to have a high-quality advertisement in the premium streaming television space. Using the Ad Manager, businesses can manage and track their ad campaigns in Hulu.
The ads service costs $500 and advertisers who have the budget to invest or spare will be able to launch their ads in Hulu and manage their ads performances on the platform. Hulu has been working with several top brands in the US but the company wants diversity and thus created the cheaper offer.
Hulu said that its ad selector is 150% more effective when compared to the regular TV ads. Looking at the stat, putting ad campaigns in Hulu works for businesses. Hulu air commercials and the company is very forward in how they will get the ads in front of the brand’s target audience. Hulu has choice-based advertising, unlike the traditional TV ads where campaigns are shown to anyone viewing the content, Hulu’s ads are more specific. This will be cheaper for advertisers in the long as they need not put out ads in multiple contents, they can put out fewer ads in content that matters to their audience.
Hulu also has Branded Entertainment Selector (BES) that gives users the option between long commercials before the program starts or ads throughout a program.
What does this mean for you?
Small and medium-sized businesses often have a hard time picking the ads platform because it’s not up to their marketing budget. Even Facebook with its flexible ads pricing can get expensive for some businesses. This is especially true today where businesses are trying to cut their ad spend and allocating budgets in a way that will help them thrive.
Hulu’s self-serving ads will be another way for brands and businesses to grow in a different space. Their ads will not be limited to just social media platforms, they will now be able to include TV streaming ads to their marketing strategy. This will help expand their reach and grow their customer base.