Case study
TeePublic: Keynes CTV Strategy Generates 23% Incremental Lift
Case study
TeePublic, a fast-growing ecommerce marketplace for fan-driven apparel and accessories, partnered with Keynes to deepen their understanding of how Connected TV contributes to real-world performance. While CTV had already been delivering strong ROAS, the brand wanted to validate how much additional value the channel was driving beyond what was captured through standard reporting.
To answer this, Keynes executed a structured conversion lift experiment, designed to measure the causal impact of CTV on conversion behavior.
As TeePublic expanded its performance marketing efforts, the team sought to understand the true incremental role CTV played in driving conversions. The question wasn’t whether CTV was performing—it already was—but rather:
How many conversions were uniquely driven by CTV exposure?
TeePublic needed an conversion lift framework that would deliver a precise uplift read without requiring major shifts in media allocation or testing across separate geographies.
Keynes implemented a conversion lift test within TeePublic’s existing CTV program, giving the team a clean way to isolate incremental lift while preserving natural delivery conditions across their campaigns.
This mirrored real targeting and delivery conditions while establishing a statistically sound control group.
For control group users, artificial impressions were logged to reflect the same cadence of targeting and bidding logic, without showing creative. This created a reliable counterfactual while keeping campaign structure intact.
By comparing conversion behavior between exposed and control group users, Keynes was able to quantify the additional conversions driven directly by CTV exposure.
Exposed users were 23% more likely to convert than those in the control group.
The test reached 90% statistical significance, providing a high-confidence read that the lift was directly driven by CTV exposure.
Exposed users demonstrated:
This confirmed that CTV ads were actively contributing to conversion outcomes, not simply assisting them.
This conversion lift enabled TeePublic to run a clean incrementality test without pausing regions, shifting budgets across channels, or withholding media. The test ran seamlessly and still produced high-confidence incremental insights.
The uplift demonstrates that Keynes’ CTV strategy is driving incremental conversions that TeePublic can feel in ROAS outcomes and revenue impact.
CTV is operating as a measurable performance driver—contributing meaningfully to TeePublic’s bottom line.
This test validates CTV’s measurable contribution to the TeePublic’s growth. With more than 23% incremental lift, the results confirm CTV as a scalable, dependable performance channel. TeePublic has also seen that CTV-driven purchases carry approximately 13% higher AOV than other channels—meaning the channel drives both more conversions and more valuable customers. Together, these insights strengthen the TeePublic’s confidence in CTV’s long-term value.
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