3 benefits of advertising during sporting events
While it comes as no surprise that many Americans enjoy watching sports; it may come as a shock just how popular they really are.
The Super bowl is the most watched sporting event and this year the 2015 Super Bowl set new broadcasting records. The International Business Times said, “The 2015 Super Bowl between the New England Patriots and Seattle Seahawks set a new mark, averaging 114.4 million viewers per minute on NBC’s Sunday night broadcast, becoming the most watched event in American TV history”.
Advertising during sporting events can be expensive but it is well worth it. There are many advantages to advertising during sporting events that you will not get during other programs. Television stations charge much more to advertise during sporting events because campaigns broadcasted during these events are successful at reaching consumers.
It also won’t hurt if the advertisement includes an athlete. Having an athlete as a spokesperson can increase sales, awareness and help to make the advertisement more memorable.
- Advertisers invest billions annually-According to Kentar Media, 37% of all advertising spending on broadcast TV is on sports. Kentar Media estimates, “sports programming in 2014-15 generated $8.47 billion in advertising sales for ABC, CBS, NBC and Fox”.
- Live audience –Live audience is a large reason why advertising during sporting events can be so expensive. It is one of the only programs people watch in real time. With DVR, Netflix and Hulu becoming so popular it has become increasingly difficult to reach consumers by television commercials. But, this is not the case for sporting events. According to Harris Interactive, eight in ten Americans say they never record televised sporting events (79%). People want to watch sports while they’re happening.
- Huge reach – NFL games alone accounted for 45 of last season’s 50 most-watched broadcasts. People are watching sporting events more than any other programs. This is where advertisers want to be-you can reach millions of people during just one 30 second spot.
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