+ All Categories
Home > Documents > Cutting TV Hurts Sales

Cutting TV Hurts Sales

Date post: 19-Jan-2017
Category:
Upload: smuckles
View: 40 times
Download: 0 times
Share this document with a friend
1
Cutting TV Advertising Hurts Sal Cutting TV Advertising Hurts Sal Lost Sales….Three Times the Ad ‘Savings’ Lost Sales….Three Times the Ad ‘Savings’ There’s been growing evidence that digital advertising produces significantly lower ROI than television for consumer packaged goods (CPG) brands. Now independent research by 84.51°(a consumer engagement consultancy owned by Kroger) spells out just how much it costs CPG brands in sales when they shift TV budgets to digital in an attempt to “save” money. The study, conducted along with TiVo Research, found that most of the brands studied lost about three dollars in sales for every one dollar they had reduced television ad spend. The study analyzed 15 random brands that had reduced TV spending by at least 25% between 2013 and 2014. The brands analyzed by 84.51° covered a variety of categories including beverages, candies, snacks, ingredients and others. Source:
Transcript

Cutting TV Advertising Hurts Sales Cutting TV Advertising Hurts Sales

Lost Sales….Three Times the Ad ‘Savings’Lost Sales….Three Times the Ad ‘Savings’

There’s been growing evidence that digital advertising produces significantly lower ROI than television for consumer packaged goods (CPG) brands. Now independent research by 84.51°(a consumer engagement consultancy owned by Kroger) spells

out just how much it costs CPG brands in sales when they shift TV budgets to digital in an attempt to “save” money. The study, conducted along with TiVo Research,

found that most of the brands studied lost about three dollars in sales for every one dollar they had reduced television ad spend.

The study analyzed 15 random brands that had reduced TV spending by at least 25% between 2013 and 2014. The brands analyzed by 84.51° covered a variety of

categories including beverages, candies, snacks, ingredients and others. Source:

Recommended