Share of Voice (SOV)
Definition:
Is the measure (% share) of audience received by an advertiser or category, out of the total audience available over a defined period and expressed as a percentage. SOV can be calculated based on a defined set of advertisers e.g., your competitor set (category) or all advertisers. Calculation = advertiser audience (20 ratings) / total competitor set audience (200 ratings) x 100 = 20% SOV for the advertiser versus the competitor set.
Television - SOV is calculated based on TARPS
Radio - SOV is calculated based on audience thousands
Digital - SOV is calcuated based on the number of impressions (compared to the number of impressions available)
Sponsorships - SOV is calculated based on audience for traditional channels OR the number of ad formats available (Digital)