Benefits and Drawback of Advertising on Prime-time TV Essay Sample
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Benefits and Drawback of Advertising on Prime-time TV Essay Sample
Advertising on prime time TV shows will allow Brisk to reach out to a larger and broader target audience as average consumers spend close to 31% of their time on TV. Adding on, TV is a form of mass media platform where it can deliver a large number of advertisement impression and yet remain cost effective. On the other hand, it was reported that 50% of the viewers reported skipping through most of the ads while watching TV programs. This leads to the question of whether the advertisement message was successfully delivered to the target audiences. Benefits and Drawback of using Viral Advertisements
Viral advertisement allows Brisk to effectively reach out to the millennial as 59% of the millennial spend their time on the Internet. If an advertisement is successfully being viral, it is able to reach out to more target audience than a TV advertisement at a faction of the cost. Adding on, viral advertisements have found to be able to offer a higher level of consumer engagement through positive word-of-mouth buzz. On the other hand, the failure rate of viral advertisement is very high with only 3% of YouTube video capturing more than 25,000 views and it hard to predict what are the elements that makes a viral advertisement successful.
Prioritization Brisk’s choice of media following the Super Bowl ad is crucial because getting the most number of impressions is not the only goal. Brisk wants to engage it targets audience and have an online presence and build up a fan base. Given Mekanism previous proven track record and expertise in producing and promoting viral advisement, viral advisement is the media that Brisk should adopt to meet it campaign objective. Which of the four ad concepts should Mary Barnard and Marisol Tamaro choose?
What are the elements that should be present in these ads to maximize their chance of success? Key Message of Proposed Concepts “That’s Brisk, Baby” – Rebirth: The first concept was a direct update of Brisk’s popular 1990 campaigns. The ads would be shot in black-and-white with only the Brisk’s bottle appearing in color. This helps to create a contrast and allow consumer to focus more on the product. Popular celebrities will be featured so that target will be able to better relate to the advertisement.
The Brisk Brothers: The second concept focus more on the product where Brisk flavors tea will be represented by six different claymation characters in the form of Brisk brothers, who each has their own unique personality. The ads also hope to create more interaction with target audience through the Brisk brother by responding to user tweets. Creative Characters: The third concept focus more on product where different characters will be seen corresponding to a different flavor of Brisk.
Representation of Brisk flavors by puppet versions of characters could leave a vivid and interesting impression on viewers’ mind. “Now That’s Brisk”: The focus of the advertisement is to portrait “Brisk” personality of being quick, energetic and to the point. The ads also include a “Brisk” version of hangover where the millennial can easily relate. Adding on, the campaign hope to engage the target audience through an interactive website where they can create their own puppets and “Briskify” the things happening around them. Recommendation
Through a focus group with millennial males, Mekanism found out that the key elements to maximize their chance of success among the millennial males are: Entertainment, Humor and Interactivity. All four concepts above do fulfill the key element to success. However, The Brisk Brother and Creative Characters concept focus more on the product itself, which is not inline with Brisk primary and long goal to have a strong online presence and building up a fan base. “That’s Brisk, Baby” – Rebirth lacks of a push factor in terms of social interaction and hence might not be effective in meeting the objective.
Now That’s Brisk” is the concept that Brisk should be adopting, it incorporated the key elements of entertainment, humor and interaction through the use of hangover storyline, Claymation version popular celebrities and interactive website that target audience can have a hands on experience. What is the cost of viral advertising (in terms of CPM)? How does it compare to primetime TV? Viral Advertising CPM According to the case, Mekanism estimate that the viral marketing campaign will create a total of 12. 5 million impressions and the whole campaign will cost $300,000 (page10).
From this two given figure, we calculated that the viral marketing CPM will be $24 (cost of campaign divided by the no of Impressions) Primetime TV CPM Primetime CPM was at an all-time high of $23 (page 5). Comparison Looking from the quantitative point of view, Viral Advertising CPM and Primetime CPM are pretty close at $24 and $23 respectively. However, both media have their risks and rewards and which media is able to meaningfully engaged the target audience is another question. Studies have found that 50% of the viewers skipped ads while watching TV as compare to 29% of the viewers that skipped online video ads (page 6).
With this information, we can factor in the defection rate to generate a new CPM. Assumptions As the Primetime TV campaign cost or the no of impression that primetime TV is not given, assumptions has to be made to find the new CPM. It is given that the company will spend a yearly budget of $6 million on advertising (page 3), and out of this $6 million 58% will be spend on television. Hence, we assume that $3. 48 million (58% of 6 million) was spent on Primetime TV as the campaign cost. Expected impression of Primetime TV can also be derive at 145,000,000 impressions.
Mekansim considers the engagement to be the amount of time and interaction with the branded content. Getting the target market involved and establishing a fan base with culturally relevant ads to build Brisk’s brand equity and image is aims of the campaign. Primetime TV ads a have high actual reach as TV ads reach out to the mass targeting at larger and broader target audience but they are less engaging and influential on consumers.
On the other hand, Viral ads in social media have high potential quality reach and the ads are more engaging These new social platforms are able to cultivate two-way relationship between consumer and company through contests to trigger participation, interactive features and feedbacks which traditional media like TV can never achieved. Adding on, the essential of viral ads is the ability to create a positive word-of-mouth buzz. Instead of watching ads promoted by brands, consumer were more likely to watch ads referred by their friends thus leads to a higher levels of consumer engagement with the brand.
For an advertisement to be engaging it has to go beyond giving product information or pushing a message. The advertisement has to tell and story, storytelling builds brands via engaging with human emotions and enabling consumers to share what they want within their social media networks. Stories allow companies to target their customers in a meaningful way beyond just promoting a product. Adding on, beside a well thought storyline Mekanism reach out to a group of popular blogger and high profile digital influences to create the initial editorial buzz and spread of the campaign.
Mekanism has adopted a five-step strategy to facilitate this process: First, it tries to identify the relevant influencers by monitoring different sources of media. Second, digital specialists from Mekanism build a relationship between individual influencers. Once the relationship is being foster, digital specialists will communicate the campaign objective to the influence and discuss about the contribution they can provide. Third, value exchanges. Beside monetary compensation that influence will be receiving, influence will also be first hand information about the campaign and share with their followers.
Fourth, Mekanism distributes the message to influencers and ask them to mention or broadcast the content in their blogs. Lastly, Mekanism optimizes each influencer’s role by evaluating the metrics of success. Brisk primary goal of the whole campaign is to have an online presence and build up a online fan base through an integrated campaign that will would last far beyond Super Bowl. Given Mekanism successful track record of implementing viral ad campaigns, Mekanism strategy should be able to fulfill Brisk’s campaign objective.