Through a special arrangement, presented here for discussion is a summary of a current article from MarketingCharts, a Watershed Publishing publication providing up-to-to-minute data and research to marketers.
The average cost of a 30-second Super Bowl spot has exceeded $3 million in the past couple of years and is expected to hit $4 million this year. Recent surveys suggests that the ads are as big a draw as the game itself, but some other pieces of research looking at advertising effectiveness, online sharing, and brand rankings are questioning their effectiveness as a purchase driver.
NRF projects that 181 million Americans will watch the game this year. What should be enticing to advertisers is Kantar Media's finding regarding last year's game was that tune-out during the average commercial was just 0.7 percent, several times smaller than the average 3-4 percent for regular programming. In fact, Kantar says that last year, the average Super Bowl commercial had an audience size that was 1.6 percent bigger than the average audience for the game.
That tallies with survey results from VB&P, which found that 78 percent of respondents would prefer to watch the Super Bowl with, rather than without, commercials.
Also encouraging for advertisers is Nielsen's findings that from 2003 through 2013, viewership grew from 43.4 million to 53 million TV homes, while the percentage of households viewing the game making more than $100,000 per year concurrently grew from 14 percent to 26.8 percent. In other words, more than one in four households that watched the Super Bowl last year had incomes of more than $100,000.
Interestingly, while Bloomberg Businessweek reports that Super Bowl ad sales have outgrown viewership in the past few decades, the advertising cost of $35 per thousand viewers last year was actually in line with other prime-time TV programs.
But a number of findings question the value of Super Bowl advertising:
Do you agree or disagree that most Super Bowl ads are worth the cost?