March 19, 2012
The greatest fear among those in the TV industry – that teens are turning away from television – is not happening. On the contrary, teen TV viewing is increasing at the rate of 2.5% a year, according to a recent Los Angeles Times article.
In the March 9, 2012 article that references a new report titled “Why the Internet won’t Kill TV”, we learn that while teens embrace new platforms like Hulu and YouTube, their consumption of TV continues to grow.
Teens currently watch almost four hours of TV a day, up from roughly three hours spent in front of TV in 2004. In comparison, teens on average watch only three minutes of video a day via computer or smartphone.
4 hours vs. 3 minutes. No reason, in my opinion, for TV executives or advertisers to be pacing the floors at night.
Will TV eventually fall from grace? I’m sure it will. “Everything” does. But the key word here is “eventually.”
The LA Times article goes on to say that even if there were indications of teens watching less TV, it would take at least two decades “before it significantly impacts the size of valuable TV audiences for advertisers.”
Not two days or two months or two years, but TWO DECADES.
At the risk of sounding overly simplistic, I would argue that worrying about TV’s eventual demise, at this point in time, makes as much sense as riding your bike to work because you’re worried about the eventual depletion of fossil fuel.
Neither is imminent.
October 27, 2011
That’s what Steve Jobs did. Even though he revolutionized the digital era, he did not think much of the internet as a branding medium. While everyone was jumping on the digital bandwagon, Jobs effectively remained “old school.”
In 2010, Apple spent an estimated $420 million on advertising. Over 90% of that budget was allocated to network television, newspapers, magazines and billboards. Less than 10% went toward digital initiatives.
And when Apple did spend online, it was usually an extension of a TV campaign like the iconic Mac vs. PC ads.
Jobs also believed in controlling the message which files in the face of the current wisdom that consumers should tell the brand story via Facebook and Twitter. Upon his death, Apple barely had a presence on either platform.
Throughout his brilliant career, Jobs created products for the masses. And he wisely chose mediums that targeted the masses. In advertising, as in product development, he relied heavily on his convictions and intuition. He did not rely on “likes” or “tweets.” He took a much more pragmatic approach: tell the story of how an amazing product can change a consumer’s life in the best environment possible. And then he was smart enough to understand that the best environment – then and now – is still traditional media.
September 27, 2011
A new survey from Pew Research Center entitled “How people learn about their local community,” finds that local TV continues to be the top source for breaking news, weather and traffic, and ties with newspapers as the main source of local political news. And when the respondents said “Local TV,” it was clear from the answers that they were talking about local broadcast stations, not regional or local cable news nets, says one of the study’s authors. For breaking news, local TV was the main source of information for 55% of respondents to the survey, compared to the internet (16%) and local newspapers (14%). Fifty-eight percent of survey participants went to local TV for information about weather, compared to the internet (32%) and local newspapers (10%). And the reliance on local news cut across demos. Even the web-savvy under 40 generation still looks to TV for news (47%) much more than the internet (22%).
article source / photo source
August 11, 2009
“TV is still the biggest cannon in the land” That’s what Steve Boal, the CEO of Coupons.com said when he launched his first TV campaign in the company’s 11-year history on August 1st.
The campaign features three humorous commercials that remind recession-strapped consumers that Coupons.com is the place to “Click. Print. Save.”
Based on testing with the company’s subsidiary online brands, Boal found that TV advertising proved “extremely cost effective.” (Imagine that.) He even went a step further and credited the TV initiatives for “creating more brand affinity than their online initiatives.” (How can that be?)
“The response rate and the rate of return of those people who found out about us on TV was slightly higher than those who found out about us on the Internet,” said Boal. (Whoa! I’m speechless…this can’t be happening.)
Actually, it’s been happening for the last half century. Start off with a good product or service that people want, add in a dash of creativity, mix in the ultimate mass media platform and presto….you have the perfect recipe for what every advertiser is really searching for: Results.
Nothing takes a brand to the next level like TV.