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Marketing Money Moving Away From TV, Advertisers Call For Better Measurement - Broadcasting & Cable

Marketing Money Moving Away From TV, Advertisers Call For Better Measurement

Advertisers tell survey TV ads have become less effective due to clutter
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According to a joint survey of more than 100 advertisers
conducted by Forrester and the Association of National Advertisers, virtually
all said the TV industry needs new and better measurement that extends beyond
frequency to ratings for individual commercials.

Advertisers have
been pushing
for better measurement of traditional and new media
advertising.

Marketers allocated only 41% of their media budgets to TV in
2009 vs. 58% in 2008.

A majority (62%) said they thought TV ads have become less
effective in the past couple of years, chalking it up primarily to clutter.

The 30-second spot could be making a comeback, though. Last
year, 28% of respondents in a similar survey said they thought the spot would
be history in 10 years. That number has dropped to 19%.

There was some disconnect between the desire for more
targeted advertising and willingness to pay the freight. Almost 8 in 10 (78%)
said they would like more targeted ads, but only 59% said they would be willing
to pay extra.

A vast majority (80%) said that product placement would play
an even bigger role, with more than a third (38%) saying they planned to up
their budges for branded entertainment as an alternative to traditional spots.

And while over three-quarters said interactive TV would be
good for lead generation, only 28% said they planned to spend more on interactive
TV ads in 2010.

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