How Media Works: Advertising and the Purchase Funnel for Department/Discount Store Advertising A Yankelovich Study for the Television Bureau of Advertising.

Slides:



Advertisements
Similar presentations
How Media Works: Advertising and the Purchase Funnel for Restaurant Advertising 1 A Yankelovich Study for the Television Bureau of Advertising.
Advertisements

SOCIAL MEDIA FOR BUSINESS Effectively leveraging this powerful marketing tool. Eric D. Schulz Co-Director of Strategic Marketing and Brand Management.
Multichannel Personalization At Scale: Building Incremental Value With #dunnhumby.
Giant Salvinia Public Awareness Campaign Pre and Post Survey Results February
The Power of Industry-Specific Business Magazines.
The Effects of Alcohol Advertising on Youth Drinking Over Time Leslie Snyder University of Connecticut.
How Media Works: Advertising and the Purchase Funnel for Furniture, Mattress or Carpet/Flooring Store Advertising 1 A Yankelovich Study for the Television.
The Power of Industry-Specific Business Media. 2 Entire contents © 2007 Forrester Research, Inc. All rights reserved. Overview ABM engaged Forrester Consulting.
Ten Reasons to Advertise with Magazines. 10 reasons to advertise with magazines Magazines are proven to: 1.Reach targeted audiences of scaleReach targeted.
chapter 9 Communication McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved.
2010 Media Channel Study ABM Agri Council Media Channel Study — 1 Main Objectives  Continue the periodic examination of media channels that serve.
Interactive Brand Communication Class 10 Media Planning/Buying Issues.
Database Marketing and Direct Response Marketing
The importance of environment for online advertising 1.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
Use this template as a starting point to submit your marketing materials to Amazon for review & approval. Using this template will help expedite the review.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
1 A New Perspective: The Consumer Electronics Buying Process February 26, 2008.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal Media Market focus… property, motors, shopping.
How Media Works: Advertising and the Purchase Funnel for Commercial Website Advertising A Yankelovich Study for the Television Bureau of Advertising.
CONNECT. ENGAGE. DELIVER. RADIO Connect. Engage. Deliver. The 2009 Foundation Research Study.
INTEGRATED MARKETING COMMUNICATIONS Chapter 1. What’s Happening?
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
CHAPTER 8 Media Selection in Advertising. What kinds of ads get your attention? Are they found in “traditional” media like television or unusual places?
Brand Engagement Study - Retail. Brand Engagement Studies To demonstrate the ability of internet advertising to drive engagement To measure the effects.
How America Shops & Spends 2014
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
Insurance Trends and Opportunities : Econometric and UK Consumer Trends.
DIGITAL AND INTERACTIVE QUICK FACTS. $193m was spent in the interactive category in 2008 in New Zealand This is up 43% YOY* The interactive category now.
The Unique Value of Advertising in Local TV Broadcast News
Magazines in the Driving Seat “Magazines in the driving seat” Research into offline drivers of online search and purchase. PPA Marketing, August 2007 Magazines.
Optimizing the Internet in Local Markets
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
The Newspaper Industry Today Newspaper Vitality Ten Points.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
How Media Works: Advertising and the Purchase Funnel
ADVERTISING MEDIA. KEY TERMS Advertising- A paid-for form of communication. Promotional Advertising- When the goal is to increase sales. Institutional.
How Media Works: Advertising and the Purchase Funnel for Travel/Travel Website Advertising A Yankelovich Study for the Television Bureau of Advertising.
How Media Works: Advertising and the Purchase Funnel for Entertainment Advertising A Yankelovich Study for the Television Bureau of Advertising.
Essential Standard 3.00 Understand the role of marketing in business. 1.
1 UNDERSTAND THE ROLE OF MARKETING IN BUSINESS. ESSENTIAL STANDARD 3.00.
DIGITAL AND INTERACTIVE QUICK FACTS. $193m was spent in the interactive category in 2008 in New Zealand This is up 43% YOY* The interactive category now.
Can’t change them quickly. Time insensitive A person will see your billboard for about two to three seconds. High costs for brief exposure Not demographic.
Read to Learn Define advertising. List types of media that businesses use to reach potential customers.
1-1 1 Chapter One Integrated Marketing Communications Dr. Abdullah Sultan Fall 09.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
Local Media Driving Consumer Action. Agenda Introduction and methodology Local lifeLocal media Market focus… property, motors, shopping.
“A new survey commissioned for the annual Edinburgh International TV Festival reports that TV advertising is up to three times as effective as any other.
How Media Works: Advertising and the Purchase Funnel For the Financial Services Category 1 A Yankelovich Study for the Television Bureau of Advertising.
How Media Works: Advertising and the Purchase Funnel For Auto and Life Insurance 1 A Yankelovich Study for the Television Bureau of Advertising.
ADVERTISING N.P.. Advertising Advertising informs consumers about the existence and benefits of products and services and tries to persuade to buy them.
Google Automotive Shopper Influence Study
Valentine’s Day Spending Projected to be Almost $20 Billion 2 Source: NRF Monthly Consumer Survey, January 2016.
Connected Consumers 2 Exploring the impact that various magazine media channels have on the purchase journey. In Connected Consumers 2 Time Inc. UK takes.
1 Television Viewing Preferences & Online Synergy Females 55+ December 2014.
Product Trial. 1.Think about some examples of products that you have tried for the first time – these can be a new or existing product. What was it that.
Focus on trust (with branded websites). April saw the latest release of Nielsen’s study into trust The survey took place in 56 global markets with 28,000.
Content Marketing Supermarket Research --- October 2012.
Effective, Cost Efficient, and Highly Targeted Advertising Helping Businesses Reach Local Consumers Since 1951.
DIGITAL AND INTERACTIVE QUICK FACTS. $214m was spent in the interactive category in 2009 in New Zealand, this is up 11% YOY* The interactive category.
Voter Funnel 2016.
Winter Holidays and Back to School 88 Percent of Holiday Spending
Media Planning and strategy
Business Communication
Business Communication
Material Submission template for Corporate Amazon. co
Advertising & Market Research
Advertising.
Presentation transcript:

How Media Works: Advertising and the Purchase Funnel for Department/Discount Store Advertising A Yankelovich Study for the Television Bureau of Advertising

Study Objectives Determine the role that TV plays as part of a multi-platform environment for advertising. More specifically, the goals of the research were to understand: The role of television advertising in driving consumer actions throughout the purchase decision process How television interacts with other media platforms, including new media such as the Internet How purchase decisions are made as a result of this interaction, including the role of different media platforms in the purchase cycle 2 Source: TVB/Yankelovich “How Media Works,” April 2009

MethodologyMethodology Survey results were obtained via online interviews among 3,002 consumers who had seen a television ad in the past 2 months that made an impression on them. Interviews took place January 29 to February 10, 2009; Super Bowl Sunday was excluded. Respondents were first asked in which categories they have seen a television ad in the past two months that made an impression on them. Each respondent then completed an ad survey for up to three of these categories. The survey measured the overall impression of each ad, actions taken after seeing the ad, and whether ads for the same product or service were encountered in other media, etc. The respondents were asked questions on which media most increased awareness and interest, or prompted action across the range of categories studied. 3 Source: TVB/Yankelovich “How Media Works,” April 2009

A Majority of Respondents are In the Market 4 “Are you currently considering a purchase in a Department or Discount Store?” (Asked of those who recalled seeing a TV ad for a department or discount store in the last 2 months) Source: TVB/Yankelovich “How Media Works,” April 2009

Customer Profile: Department/Discount Stores 5 Source: TVB/Yankelovich “How Media Works,” April 2009 Saw a Department or Discount Store Ad that Made an Impression Currently Considering a Purchase in this Category Made a Purchase in this category in the past 6 months Made a Purchase in this category in the last 2 weeks Male 44.7%42.4%44.4%44.7% Female 55.3%57.6%55.6%55.3% %35.2%32.9%30.5% %66.0%60.5%60.1% %58.5%55.0%57.2% %28.0%33.3%31.8% Urban 35.9%34.0%35.2%31.8% Suburban 42.7%41.2%43.1%45.0% Rural 21.4%24.8%21.7%23.2% HHI <$30K 24.8%25.4%23.9%25.1% HHI $30-$70K 40.1%40.6%40.7%38.6% HHI $70K+ 27.7%28.0%28.4%28.9% HHI $100K+ 10.0%10.4%10.2%10.3%

Four in Ten Consumers Saw an Advertisement for a Department or Discount Store That Caught Their Attention 6 Source: TVB/Yankelovich “How Media Works,” April 2009 Saw an ad that got your attention:

Those Who Saw Dept./Disc. Store TV Ads Were Likely to Have Made Recent Purchase 7 Source: TVB/Yankelovich “How Media Works,” April 2009 Last time made a department/discount store purchase:

Department/Discount Store Ads Made Positive Impressions on Consumers 8 Source: TVB/Yankelovich “How Media Works,” April 2009 Type of impression made by TV ad for department/discount store: 73% of those who saw these advertisements rated them positively

Department/Discount Store TV Ads Seen as More Relevant Than Average; Also Called Attention-Getting and Informative 9 Source: TVB/Yankelovich “How Media Works,” April 2009 Ratings of Department/Discount Store Ad: 53% total 55% dept./ discount How informative was it? How much did it get your attention? How relevant was it? 42% total 53% dept./ discount 54% total 53% dept./ discount Total Department/Discount Stores

Those Who View TV Ads in This Category are Likely to Consider or Make a Purchase, or Visit a Store 10 Source: TVB/Yankelovich “How Media Works,” April 2009 Actions Taken After Seeing TV Commercial for Department/Discount Stores Total Department/ Discount Stores Index to Total Any (Net)49%59%120 Considered purchasing the product or service17%24%141 Talked with others about the advertisement16%13%81 Went online to learn more about the product or service advertised14%10%71 Remembered you had seen the product or service advertised before11%8%73 Purchased the product or service in a store10%24%240 Visited a store or location to learn more about the product or service8%21%263 Tried to find the advertisement on the Web5%4%80 Looked in a newspaper or magazine to learn more about the product or service 4% 100 Purchased the product or service online3%4%133 Contacted the company in the advertisement3%1%33 Sent someone an about the product or service3%2%67 Sent someone a Web-site link about the product or service2%1%50 Other action3% 100 Did nothing51%41%80

Half of Respondents Saw The Same Ad 1-3 Times; Half Saw Ad 4 or More Times 11 Source: TVB/Yankelovich “How Media Works,” April 2009 Number of times saw TV commercial for department/discount store in past 2 months:

Increased Frequency = Greater Likelihood of Action: Higher Purchase Levels and Store Visits, and More 12 Source: TVB/Yankelovich “How Media Works,” April 2009 Among those who recently saw a TV ad for Department/Discount Stores # TV Ad Exposures Department or Discount Store Recall 1-3 ad exposures Recall 4+ ad exposures Any (Net) 59%56%63% Considered purchasing the product or service 24% 25% Purchased the product or service in a store 24%18%29% Visited a store or location to learn more 21%17%26% Talked with others about the advertisement 13%10%16% Went online to learn more 10%9%11% Remembered you had seen the product/service advertised before (i.e., the newspaper, radio, or the Internet) 8%6%11% Purchased the product or service online 4%3%5% Looked in a newspaper or magazine to learn more 4% Tried to find the advertisement on the Web 4% 3% Sent someone an about the product or service 2% Sent someone a Web-site link about the product or service 1%2%0% Contacted the company in the advertisement 1%0%1% Other action 3%2%4% Did nothing 41%44%38% Actions taken after seeing a Department/Discount Store TV ad

In Addition to TV Ads for Department/Discount Stores, Many Consumers Recall Newspaper and Ads 13 Source: TVB/Yankelovich “How Media Works,” April 2009 Saw ad for same product or service in a media other than TV: Total Department/ Discount Stores Index to Total Any (Net)46%51%111 On the Internet20%15%75 In a newspaper18%30%167 On the radio12%7%58 In a magazine11%8%73 In an offer8%11%138 On a billboard or other outside sign7%3%43 Other media3%4%133 Did not see, hear, or read in any other media35%29%83 Not sure19% 100

Department/Discount Stores Advertising Impact at Various Stages of the Consumer Purchase Funnel 14 Source: TVB/Yankelovich “How Media Works,” April 2009 AwarenessInterestConsider Want toVisit Make Purchase Purchase Store/Website Purchase Index = 95 Index = 97 Index = 113 Index = 119 Index = 109

Department & Discount Stores Media Impact at Various Stages of the Consumer Purchase Funnel 15 Source: TVB/Yankelovich “How Media Works,” April 2009 Media cited by less than 3% of respondents were incorporated into the total for “other.”

ConclusionsConclusions A high percentage of consumers exposed to television ads in this category are in the market for Department and Discount Store shopping. Commercial awareness and recall are above average. Due to high levels of in-market consumers, ad relevance is highly rated. Television ads are major action drivers, leading to store and website visits and purchases. The greatest pay-off of higher frequency of exposure to TV ads was in the bottom of the purchase funnel: product purchase was much higher. 16 Source: TVB/Yankelovich “How Media Works,” April 2009