Wednesday, March 07, 2018

WHAT ADS WOULD COST IF FOX REALLY CUT THEM TO 2 MINUTES PER HOUR





The article covers the increasing shift away from the standard commercial format and the difficulty networks are having finding a model to replace advertising revenue. This will be an ongoing issue, for not only the networks but, for advertisers who will still want to run traditional advertising spots but not pay significantly higher amounts.
For networks, they have already begun experimenting with different length spots or ads that run in the beginning or end of the show. NBC is working to incorporate shorter ads with targeted formats and content to afford marketers the ability to still reach consumers and make the advertising spots still valuable. Sporting events have been experimenting with different variations for the last few years, running ads concurrently with footage of the event during a timeout or change in possession.
For marketing firms, there must be a concerted effort to stay relevant on multiple platforms. While a shift to all-digital has been projected for years, but internet capabilities are still far from being able to replicate the exact experience of traditional TV, especially for live events like news and sports.
Overall, large networks like NBC (who have multiple channels) and brands like PG or Pepsi will figure out a model that will be able to link ads and content to different shows and media platforms, while also leveraging brand integration. There could be a greater challenge for smaller or more specialized firms who need to utilize a specific platform, as traditional media ad buys increase, they will be forced to pay or find other effective methods to reach their target customer.

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