Online video advertising: your complete guide to OLV strategy and ROIEstimated reading time: 6 minutes
Epsilon Blog

Online video advertising: your complete guide to OLV strategy and ROI

By: Epsilon Marketing | May 21, 2026
a computer monitor with a play button on the screen

Online video advertising has moved well beyond a supporting tactic. For UK and EMEA brands, it is now one of the highest-impact channels available, combining the reach and emotional power of broadcast with the targeting precision and measurability of digital. This guide covers what OLV advertising is, why it matters and how to build a video advertising strategy that drives real, measurable returns.

What is online video advertising?

Online video advertising (OLV) refers to short- or long-form video ads placed before, during or after video content on websites and apps, typically running at 6, 15, 30 or 60 seconds. Ads can also appear in-feed, in-article or as standalone outstream placements across the open web.

OLV sits at a useful intersection in the marketing mix. It can carry brand-building creative at scale while simultaneously pushing audiences toward conversion through precise targeting. That dual function is what makes it increasingly central to how UK and EMEA marketers plan their media spend.

Find out about Epsilon’s brand-building, performance oriented creative services.

Digital video consumption in the UK continues to grow year on year, driven by streaming, on-demand viewing and the shift to mobile. Consumers now spend an average of two and a half hours per day watching digital video (eMarketer, 2025), and that figure is still climbing. For brands, this is not just a channel with large reach — it is a channel where audiences are actively engaged and receptive.

Why OLV advertising matters for UK and EMEA marketers

The case for investing in online video advertising has never been stronger, but the reasons go beyond reach alone. OLV is particularly well suited to the challenges facing UK and EMEA marketers right now:

  • Connected TV adoption in the UK has accelerated, creating a measurable bridge between traditional broadcast and digital video. Brands running OLV campaigns alongside CTV can reach the same household across devices and measure the combined impact.
  • Upper-funnel investment is under pressure across European marketing teams as budgets tighten. OLV is one of the few channels that can demonstrably prove its contribution to downstream conversion, making the business case for brand investment easier to defend.
  • GDPR-compliant targeting at scale is achievable through identity resolution approaches that do not depend on third-party data, giving UK and EMEA brands a sustainable path to precision OLV without consent risk.

The three pillars of an effective OLV strategy

1. Precision audience targeting

Reaching real people rather than devices requires deterministic data: physical addresses, email and purchase history. This creates persistent, non-cookie-dependent audience connections that remain accurate as privacy requirements tighten.

2. Compelling creative

Creative is the heartbeat of every OLV campaign. Ads must work across multiple formats and lengths, be optimised for mobile-first viewing, communicate a clear value proposition quickly and maintain brand consistency across every touchpoint.

3. Strategic placement and distribution

Optimising delivery across in-stream and outstream inventory in real time ensures campaigns reach the right audience across the open web when and where they are most receptive, rather than serving impressions at low-value moments.

OLV advertising in practice: Cheerz

One of the persistent challenges for UK and EMEA marketing teams is justifying upper-funnel video investment to budget holders who want to see direct attribution to revenue.

Cheerz, a photo printing brand operating across European markets, faced this challenge directly. The brand had an established performance marketing programme but needed to demonstrate that expanding into upper-funnel video would generate measurable commercial returns rather than simply adding to a reach figure.

Working with Epsilon, Cheerz launched a high-impact open-web video campaign using large-format OLV ads targeted at high-potential audience segments, including new parents. The campaign was structured specifically to isolate the contribution of video exposure to downstream conversion: results were compared between audiences who received both brand video and retention messaging against those who received retention activity alone.

The outcome was unambiguous. Audiences exposed to the full video and retention combination were 41% more likely to convert than those targeted with retention messaging only.

How to optimise OLV campaigns for maximum ROI

Getting strong returns from online video advertising comes down to a handful of best practices that apply consistently across UK and EMEA markets.

  • Build on first-party data foundations

The brands achieving the strongest OLV performance are those using their own customer data to drive targeting rather than relying on third-party audience segments. Segmenting by purchase behaviour, recency and lifetime value produces audience models that are both more accurate and more durable as privacy requirements tighten across Europe.

  • Use identity resolution to reach people, not devices

Identity resolution connects a single customer across their devices, browsers and environments, including Safari and other non-cookie contexts that standard targeting misses entirely. For UK brands, this is particularly relevant given the size of the Safari-using audience and the proportion of digital video consumed on iOS devices.

  • Connect OLV to the full funnel

OLV works best when it is not siloed from the rest of the media plan. Connecting video activity to display retargeting, CTV and email creates a coherent customer journey and allows you to measure the full path to purchase rather than attributing conversion solely to the last touchpoint.

  • Measure beyond viewability

Viewability and completion rates are useful hygiene metrics but they do not tell you whether OLV is driving business outcomes. Set up measurement that connects video exposure to downstream conversion, whether that is an online purchase, an in-store visit or a CRM sign-up, so budget decisions are based on commercial impact rather than proxy metrics.

  • Optimise creative continuously

Dynamic creative optimisation (DCO) uses real-time performance data to test and refine creative elements automatically, from messaging and imagery to calls to action. For OLV campaigns running across multiple audience segments, DCO significantly reduces the manual effort required to keep creative relevant and improves performance over the campaign lifecycle.

Building a future-proof OLV strategy

Online video advertising is not a channel that rewards a set-and-forget approach. The brands achieving the strongest results in the UK and EMEA are those treating OLV as a dynamic, data-driven discipline: continuously testing creative, refining audience segments, connecting video activity to broader funnel measurement and evolving their approach as the channel and the regulatory environment change.

The foundation for all of this is knowing your customer. First-party data, identity resolution and the ability to measure outcomes at the transaction level rather than the impression level are what separate OLV programmes that drive genuine business growth from those that generate reach figures without commercial impact.

Build a stronger OLV strategy with Epsilon

Epsilon helps UK and EMEA brands reach real people across online video, connected TV and the open web, using privacy-compliant first-party data, identity resolution and AI-powered optimisation to drive measurable returns.

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