Sunday 7th February will see the Denver Broncos and the Carolina Panthers compete at Super Bowl 50, one of the most watched events in the world. With 114.4 million U.S. viewers watching it alone last year, the Super Bowl is one of the biggest marketing opportunities of the calendar year. It does come at a price however, and it is a big one. Broadcaster CBS will charge a record $5 million (£3.5m) for a 30-second advertising slot this year. The huge global audience attracted to Super Bowl allows the broadcaster to demand such high costs.
Digital marketing expert Joanne Bradford explained that the Super Bowl could not be beaten for the “impact of that moment” and the “brand awareness that it offers”.
The Super Bowl television adverts are a popular talking point, extending a brand’s awareness span beyond just a day. In fact, talk of the advertising campaigns begin weeks in advance. MarketingLand.com have their own feature called the ‘Hashtag Bowl’, where they cover all of the latest news and developments on which companies are taking part and how the productions are going.
Among the many brands participating, Doritos have launched their final ‘Crash the Super Bowl’ campaign. The contest invited fans to produce their own Super Bowl adverts to be in with the chance of having their production aired live on game day. This year Doritos have received nearly 4,500 entries which they have whittled down to three finalists. The winner is determined by the public, who can vote for their favourite entry up until 31st January. The campaign by Doritos is an effective marketing tool as it builds interaction goodwill with it’s fans and runs many weeks in advance of the Super Bowl event itself.
At the time of writing, 35 brands have announced their participation in the Super Bowl ad battle. To showcase their brands, some ad campaigns feature well known stars such as Alec Baldwin (Amazon), Christopher Walken (Kia) and Liam Neeson (LG Electronics) to name but a few. This highlights just how important the Super Bowl event is for companies. It is the US version of the UK’s Christmas advert. See our earlier blog post on the battle of the Christmas ad.
Global Brand Exposure
Major sporting events offer a rare occasion for companies to be market their brand to vast live audiences. But it’s just the Super Bowl that attracts people from around the globe – The FIFA World Cup final in 2014 has been estimated by many broadcasters to have been watched by a global audience of at least 909 million. The peak audience in the UK reached 21 million.
As a result of the high audience figures, broadcasters were again able to put an expensive price tag on a 30-second advert slot on their channel. ITV for example were charging between £275,000 and £300,000 for adverts in matches that featured England and between £40,000 and £100,000 for other matches.
2016 promises to be, yet again, a year for major sporting events. Football’s Euro 2016 is being contested in France this June, while athletics’ main event, the Olympic Games, is coming up in Rio in August.
How can your business tap into this?
We’re realists, so we know unless you’re Coca Cola or Amazon you’re highly unlikely to fork out £3.5 million of your great British pounds for a 30 second tv ad slot. But this doesn’t stop your brand from tapping into the audience that will be taking part in such large events. A well planned and relevant marketing video, released on or around the event can do wonders for audience response and brand exposure. Why not produce a corporate drama film that intelligently and creatively advertises your brand? The best example we’ve ever seen is Reebok’s Terry Tate: Office Linebacker.
Telling stories is what we do. If you’re interested in exploring corporate drama for your brand, or just want some friendly advice, get in touch with us and we’ll have a coffee.