Discover what truly drives returns for Super Bowl advertisers through a deep dive into six years of sales data. Explore how different product categories dominate ad spending and the importance of owning consumption occasions. Learn why competing ads can sometimes cancel each other out, and the psychological impact of beverage choices on marketing strategies. This discussion reveals fascinating insights on brand associations and the varied success rates of iconic Super Bowl ads.
Successful Super Bowl advertising hinges on brands reinforcing existing consumption occasions, enhancing both immediate sales and long-term associations with sports.
Competing ads during the Super Bowl can dilute individual effectiveness, emphasizing the need for strategic brand positioning prior to major events.
Deep dives
The Value of Super Bowl Advertising
Super Bowl ads represent a significant financial investment, costing as much as $7 million for a 30-second spot. Despite the massive reach of the event, brands often struggle to achieve a clear return on investment from these advertisements. The effectiveness of the ads largely varies, with brands like Budweiser benefiting from long-standing associations with sports, resulting in notable sales increases following Super Bowl viewership hikes. In contrast, brands that lack such associations, like Coca-Cola, may not see a sales boost tied specifically to Super Bowl advertising.
Category Spending and Consumer Behavior
The top categories for Super Bowl advertising primarily include automotive, technology, food, and alcohol, collectively representing the majority of advertising spend during the event. The study analyzed beer and soda brands to assess the impact of Super Bowl ads on consumer purchasing habits and associations with sports. Results indicated that established brands within these categories benefit significantly from both immediate sales lift and longer-term consumer associations with sporting events. Conversely, the presence of competing brands during the Super Bowl can diminish individual ad effectiveness, revealing the complex dynamics of consumer behavior in this unique advertising context.
Building Lasting Brand Associations
The study highlights that successful Super Bowl advertising goes beyond just exposure; it effectively reinforces existing brand consumption occasions, such as sports events. Brands that manage to create a strong link between their product and consumer experiences during these occasions tend to achieve better sales outcomes. The findings also underscore the importance of maintaining an ongoing advertising strategy, suggesting that brands should establish their presence in consumers' minds before considering a large-scale event like the Super Bowl. Ultimately, for many brands, building these associations takes time and a strategic approach rather than relying solely on high-cost advertising during a single event.
Welcome to Nerd Alert, a series of special episodes bridging the gap between marketing academia and practitioners. We’re breaking down highly involved, complex research into plain language and takeaways any marketer can use.
In this episode, Elena and Rob explore what drives ROI for Super Bowl advertisers by examining six years of sales data across nearly 200 media markets. They reveal why some brands see significant returns while others struggle to justify the investment.
Topics covered:
[01:00] "Super Bowl Ads"
[03:00] Top advertising categories during the big game
[05:00] How viewership impacts beer and soda sales
[06:00] The importance of owning consumption occasions
[07:00] Why competing ads can cancel each other out
[08:00] Building brand associations beyond sales lift
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