VOOT Begins The New Decade with 100 Million Monthly Active Users
Viacom 18’s digital arm VOOT now boasts of the highest engagement with No 1 in TSV(Time Spent per viewer) – 46 mins & frequency of visits (Daily active user to monthly active user ratio) as per App Annie Dec, 2019, is now set to begin the decade, garnering 100 million monthly active users.
VOOT’s focus on offering entertainment experience across genres, languages and formats has led to this growth over this period and will see the platform enter the decade with 100 billion minutes of watch time in the year. Some marquee initiatives that have contributed to scripting the success story for VOOT and setting the stage for a fabulous 2020 were
Co-Creation with VOOT Studio: Launched in April, VOOT Studio is a playbook for advertisers & brands of all sizes that have been built using a combination of our creative storytelling, production expertise, interactivity offerings, social media platforms and native elements that come together to meet the business objectives brands. In less than a year VOOT Studio has co-created marquee properties with brands, helping each brand uniquely deliver on their brand narrative. Shows and formats like TikTok present Work it Up with Sophie & #Cheatweekin Singapore with Singapore Tourism amongst others have all contributed to building equity and resonance for the brands. 10% of monetization on the platform is achieved through VOOT studio with the focus on doubling the same through the next year.
VOOT Partnership eco-system: One of the key drivers of reach through the year was the building of the most diverse and inclusive partner ecosystem that ensured an omnichannel and multiscreen presence for VOOT. Seamless and wide distribution through partnering with best in class brands across categories like connected TVs, devices, telcos, travel, utility, broadband, etc with names like Sony, LG, Samsung, Flipkart, Ola, MX Player, Airtel joining the new bandwagon have ensured the last mile availability of VOOT,
Akash Banerji, Business Head – VOOT, Advertising Video Platform (AVoD) said “Achieving 100 mn Monthly Active Users in just three years is not a mean feat. We have been able to achieve this new viewership benchmark through our focus on driving constant engagement and reach through impact partnerships, product & tech innovations and versatile content strategy. Our constant pursuit of building a digital business using a user first strategy and basing all decisions that drives higher engagement is the only reason that has made us achieve a quality 100 mn user base leading to 2x increase in monetization.”
Expanding regional footprint: Unlocking new territory with vernacular Content, VOOT’s regional slate saw many firsts. From making a digital-first entry into the Telugu market with shows like Feet Up with the Stars Telugu to Regional Reality Content experience being augmented with interactivity & advertiser-friendly content innovations, VOOT’s regional story has continued to grow from strength to strength. The platform has witnessed 4X growth in the contribution to the views from Regional content as a result of these initiatives.