Customer

How A Leading Indian OTT Platform Achieved Over $200 Million In Ad Revenue With The Help Of Voiro

The way we perceive and consume content today has changed dynamically, and OTT platforms have played a central role in that change. According to a report in Mint, OTT platforms invested ~$665 million in 2021 in content, with leading platforms spending ~$380 million. The writing is on the digital wall for everyone to see. With the industry expected to grow to $13 billion–$15 billion over the next 10 years, the Indian OTT market is expected to witness unprecedented growth in the near future.

The future of live sports monetisation has immense potential. Content creators today can enter the live streaming space and monetise their content seamlessly. Easy-to-configure platforms allow independent clubs to monetize their live sports content faster. Live sports as a monetisation opportunity has never been more attractive.

However, setting up such a business at scale can get complicated. The market is competitive, and players have to stay on their toes to attract and grow ad revenue. Voiro helps OTT businesses to thrive using real-time and historical data to help make critical decisions. This case study analyses the key challenges faced by one of India’s leading OTT platforms in monetising live sports streaming and how Voiro helped them manage and scale their monetisation business to become a powerhouse in the Indian media industry.

Goals

Automate Workflow And Reduce Billing Cycles

Increased Revenue Through Accurate Revenue Forecasting

Recognise Performance Gaps And Increase Sales Efficiency

Achieve Pricing Flexibility And Optimise Revenue Realisation

Business Challenges

In building this business, our customer had encountered a number of challenges:

Insufficient Collaboration

Our customer’s sales and ops teams worked in silos and needed to be brought together to build efficiency and a better monetization practice.

Gaps In Performance

Our customer was unable to understand revenue attribution by client, agency, and region for each salesperson in granular detail, resulting in sub-optimal sales performance.

Sales Target Visibility

Our customer needed a sophisticated revenue ops system that supported multi-layered targeting, in order to balance and incentivise all parties while making a sale.

Forecasting Revenue

Our customer wanted to leverage real-time data to forecast revenue across a variety of metrics and generate flexible strategies to drive more ad revenue.

Limited Pricing Flexibility

Our customer wanted to empower their advertisers with granular planning criteria to achieve ad placements at specific moments within a live sporting event.

Demand For Pacing Data

Our customer needed a system that allowed its ops team to pace campaigns across large sporting events and optimise revenue realisation.

Customer Outcomes

Improved Sales Efficiency

Sales team saves 90% time on CRM entries.

Near-zero Effort Reporting

Campaign reporting effort reduced by 95%.

Faster And Efficient Billing

End of the month billing cycles are reduced by 70%.

Precise Revenue Forecasting

Accurate revenue forecasting across standard, campaign-specific and live sport metrics.

Monetisation In
Sync

Voiro’s historical performance insights unlock new revenue opportunities.

Pin-point
Attribution

Voiro’s revenue attribution algorithms drive a higher-performing sales team with granular sales monitoring by salesperson, team and region.

Accurate Deal
Targeting

Ad sales teams can allocate targets across agencies, content categories and other clusters without the risk of double-counting.

Attracting New
Clients

Ad monetization now scales effectively, allowing for smaller advertisers, including in the gaming sector.

Increased
Revenue

Live sales insights enable better sales planning, and driving more revenue.