HGTV's Dream Home Giveaway Leverages Audience Management for Targeted Advertising
HGTV, a leader in home and gardening programming, utilized TACODA Systems' Audience Management System to segment nearly 36 million entrants into targetable advertiser-friendly groups for its 2004 Home and Garden Television Dream Home Giveaway. This initiative, in its 8th year, is believed to be the largest sweepstakes on television. The winner received a new dream home valued at over $1 million, built by HGTV in St. Marys, GA, plus a new GMC Envoy.
Key Takeaways:
- HGTV processed 36 million entries into over 200 targetable audience segments using TACODA Systems' Audience Management System, allowing for more efficient advertising and higher response rates.
- By cross-matching demographic data with behavioral data, Scripps Networks, parent company of HGTV, can develop large audience segments that will be of high value to advertisers.
- TACODA targeting has shown response rates 2400 times higher than ROS (Run-of-Site) advertising in other campaigns.
- HGTV was able to segment entrants based on their online navigation, including visiting specific sections like kitchens and baths, making them attractive to appliance and fixture marketers.
- 36 million entrants were segmented into over 200 targetable audience segments.
- Response rates from TACODA targeting were 2400 times higher than ROS advertising.
- HGTV's 8th annual Dream Home Giveaway is believed to be the largest sweepstakes on television.
- The winner received a home valued at over $1 million and a new GMC Envoy.
Sources:
- Home & Garden Television (HGTV)
- TACODA Systems
- Scripps Networks
- E.W. Scripps Company
- TACODA CEO Dave Morgan
- Scripps Networks SVP of Interactive Sales, Jeff Meyer