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TV Media Buying Glossary

UK TV advertising planning and media buying

This TV media buying glossary explains the language, abbreviations, calculations and industry bodies used in UK TV advertising, airtime buying, BVOD, connected TV and direct response TV planning.

Core TV media buying terms

Buying calculations and formulas

TV buying calculations help compare channels, campaign weights and pricing. The most useful formulas are below.

CPT: cost per thousand impacts

Formula: CPT = media cost / impacts x 1,000.

Example: If a campaign costs GBP 50,000 and delivers 10,000,000 impacts, CPT = 50,000 / 10,000,000 x 1,000 = GBP 5.00.

CPM: cost per thousand impressions

Formula: CPM = media cost / impressions x 1,000. CPM is often used for BVOD, CTV, YouTube and online video comparisons.

CPP: cost per rating point

Formula: CPP = media cost / rating points.

Example: If GBP 30,000 buys 60 TVRs, CPP = GBP 500 per TVR.

TVRs from impacts

Formula: TVRs = impacts / target universe x 100.

Example: If a target audience universe is 20,000,000 adults and a campaign delivers 4,000,000 impacts, TVRs = 4,000,000 / 20,000,000 x 100 = 20 TVRs.

Impacts from TVRs

Formula: Impacts = TVRs x target universe / 100.

Average frequency

Formula: Average frequency = total impacts / people reached.

Example: If a campaign delivers 12,000,000 impacts and reaches 4,000,000 people, average frequency is 3.

Reach percentage

Formula: Reach % = people reached / target universe x 100.

Share of voice

Formula: Share of voice = brand activity / total category activity x 100. Activity can be spend, impacts, TVRs or impressions, depending on the analysis.

Response rate

Formula: Response rate = responses / impacts x 100, or responses / visits x 100 depending on the funnel stage being measured.

Cost per response

Formula: Cost per response = media cost / number of responses.

Cost per acquisition

Formula: CPA = media cost / number of acquired customers, sales, leads or sign-ups.

Return on ad spend

Formula: ROAS = revenue attributed to advertising / advertising cost.

Example: If a campaign generates GBP 300,000 revenue from GBP 60,000 media spend, ROAS = 5.0.

Spot length index

Many TV prices are expressed against a 30 second base. A 10 second spot may be priced at a lower index and a 60 second spot at a higher index, depending on broadcaster policy and campaign deal.

TV, BVOD and connected TV abbreviations

Trading, booking and campaign delivery terms

Audience and targeting terms

Creative, clearance and compliance terms

UK TV advertising industry bodies and useful organisations

Broadcaster and platform terms

Measurement and attribution terms

Common TV buying questions

What is a good TV CPT?

A good CPT depends on audience, channel mix, demand, seasonality, spot length, programme environment and whether the campaign is brand-led or response-led. A cheap CPT is not always better if it delivers the wrong audience or poor response.

What is the difference between CPT and CPM?

CPT and CPM both describe cost per thousand exposures. CPT is the traditional UK TV term based on impacts. CPM is more common in digital video, BVOD and CTV reporting.

What is the difference between impacts and reach?

Impacts count total ad views. Reach counts different people reached. A campaign can have high impacts but lower reach if the same people see the advert many times.

What is the difference between linear TV and BVOD?

Linear TV is scheduled broadcast viewing. BVOD is broadcaster video on demand, usually watched through apps, websites, smart TVs or connected devices.

For planning support, see traditional TV advertising, BVOD advertising, connected TV advertising and TV advertising costs.