Super Bowl of Advertising
Super Bowl XLVI is now less than a month away and sports fans across the world will be tuning in to see what team will raise the Lombardi trophy this season. In recent years, the games have been filled with exciting story lines and each had their fair share of excitement. Super Bowl XLII in 2008 featured the undefeated New England Patriots and Cinderella story New York Giants and drew a Super Bowl record 97.5 million viewers and trails only the M*A*S*H series finale as the largest telecast of all time. If you are like me, you are probably wondering what the M*A*S*H series is, not to mention how they managed 105 million viewers in 1983.
If recent history is any indication to the number of viewers that will be tuned in for this year’s Super Bowl, corporate advertisers and sponsors should be as ecstatic as Mel Kiper Jr. on draft day. The unforgettable commercials that million dollar 30 second Super Bowl spots have given us over the years are priceless right? Maybe not so this year. According to a recent New York Times article, the rates have decreased for a 30 second commercial during Super Bowl XLVI. Economic downturn and a rising trend amongst corporate advertisers to buckle down spending have lead to the decrease in 2010. Each 30 second slot in Super Bowl XLVI has been sold for $2.5 to $2.8 million.
Super Bowl ad giants FedEx, General Motors and Pepsi announced they will be absent from the commercial lineup this season. Pepsi has elected instead to launch a social marketing campaign, “Pepsi Refresh,” a program that rewards the best consumer ideas with grants up to $250,000 each. For a fraction the cost of one Super Bowl ad, companies like Pepsi can extend their reach using social media tools, but the appropriate plan, strategy and team needs to be in place to support marketing efforts. Unfortunately for Pepsi, the “Pepsi Refresh” program opened with major problems with security and privacy settings for its users. Pepsi’s flawed launch will undoubtedly damage their brand image and discourage consumers from participating in future efforts online. Companies are diving into social media campaigns head first without any understanding of how outreach relates to core business goals, or if they can achieve them. Only time will tell if companies like Pepsi will continue to launch social media marketing campaigns without the proper resources in place.
Eric Willey
Manager of Client Services
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This entry was posted on Friday, January 22nd, 2010 at 2:33 pm and is filed under Social Media Trends, Uncategorized. You can leave a response, or trackback from your own site.
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