Fifth ANA/Forrester Survey Measures Marketers' Attitudes Toward TV/Video AdvertisingCAMBRIDGE, Mass., Feb 08, 2010 (BUSINESS WIRE) -- A joint ANA
(Association of National Advertisers) and Forrester
Research Inc. (Nasdaq: FORR) survey of more than 100 national
advertisers illustrates marketers' continued lack of confidence in the
effectiveness of television ads. And while they still express faith in
the future of the 30-second spot, advertisers feel that the fundamentals
to support their use is in need of an overhaul. Specifically, they
express dissatisfaction with the current measurement techniques, an
interest in more targeted ads, and a desire for less ad clutter and more
Respondents to the Association of National Advertisers/Forrester study
of national advertisers said their TV ad spending will remain flat this
year. They also reported allocating only 41 percent of their media
budgets to television last year versus 58 percent in our 2008 survey.
Other findings include:
- A lack of confidence in TV ad effectiveness. Sixty-two percent
of respondents think that TV ads have become less effective in the
past two years. Clutter is the main challenge to TV ad effectiveness:
69 percent of advertisers would like fewer commercials per pod.
- Renewed faith in the 30-second commercial. Only 19 percent of
respondents believe that the 30-second spot will be dead in 10 years,
down from 28 percent a year ago.
- A desire for more targeted TV ads but reluctance to pay for them.
Seventy-eight percent of respondents say they would be interested in
the ability to target consumers more precisely, but only 59 percent
would be willing to pay a premium for it.
- Dissatisfaction with measurement. Nearly all advertisers who
responded think that the TV industry needs new audience metrics beyond
reach and frequency. Eighty-two percent of respondents would be
interested in ratings for individual commercials.
- High interest in branded entertainment and interactive media. Eighty
percent of advertisers agree that branded entertainment will play much
more of a role in TV advertising, and 38 percent plan to spend more on
branded advertising in 2010 as an alternative to the 30-second spot.
Seventy-five percent of respondents believe that interactive TV will
be an effective source of lead generation, but only 28 percent plan to
spend more on interactive TV ads in 2010.
"As the overall marketing landscape is in the midst of a massive shift,
so is the iconic medium of television," said ANA
President and CEO Bob Liodice. "The standard methods of delivery and
measurement need to adapt to what marketers today need: more
specificity, greater effectiveness, and more detailed measurement. ROI
is one of the most crucial aspects of marketing today, and the processes
behind TV must be held to the same scrutiny as marketers."
"CMOs need to prepare for television's digital future by forcing change
upon the TV advertising ecosystem," said Forrester Research Vice
President and Research Director David M. Cooperstein. "We recommend
that advertisers get ready for the future of television by preparing to
deliver targeted commercials, delivering true branded entertainment
experiences, and embracing the connected TV."
The survey results will be presented at the ANA's TV
& Everything Video Forum in New York on February 11, 2010.
Respondents to the Forrester/ANA survey include 104 advertisers across
21 major industries, representing nearly $14 billion in media budgets.
The survey was conducted from December 2009 to January 2010.
Full survey results are available to select Forrester clients in the new
Forrester report "TV Advertising Budgets Are Under Siege." ANA members
can access the report at http://www.ana.net/thoughtleadership.
About Forrester Research
Forrester Research, Inc. (Nasdaq: FORR) is an independent research
company that provides pragmatic and forward-thinking advice to global
leaders in business and technology. Forrester works with professionals
in 20 key roles at major companies providing proprietary research,
consumer insight, consulting, events, and peer-to-peer executive
programs. For more than 26 years, Forrester has been making IT,
marketing, and technology industry leaders successful every day. For
more information, visit www.forrester.com.
About the ANA
Founded in 1910, the ANA (Association of National Advertisers) leads the
marketing community by providing its members with insights,
collaboration, and advocacy. ANA's membership includes more than 350+
companies with 9,000 brands that collectively spend over more than $250
billion in marketing communications and advertising. The ANA strives to
communicate marketing best practices; lead industry initiatives;
influence industry practices; manage industry affairs; and advance,
promote, and protect all advertisers and marketers.
© 2010, Forrester Research, Inc. All rights reserved. Forrester is a
trademark of Forrester Research, Inc.
SOURCE: Forrester Research
Forrester Research, Inc.
Jon Symons, 617-613-6104
Director, Media Relations
CooperKatz for the ANA
Lesley Neadel, 917-595-3034