by Dr Greg Chapman
In an article in The Atlantic, the answer to whether the money is worth it for the advertiser, the answer was mixed. For some, especially well known brands, it was a waste. There was no measureable increase in sales after the event. No doubt they were convinced by the agencies, that placing an ad in the Super Bowl was important for Top of Mind Awareness. Perhaps it was expected for them to have an ad there, and not being part of the Super Bowl might create negative commentary about the brand.
On the other hand, a positive impact was seen for new products, as the exposure gained had significant measureable impact on sales.
For small businesses working with advertising agencies, embarking on a campaign without an ability to measure results risks wasting money. Brand awareness on its own is never enough. Ways of tracking include using a special phone number, an offer code, a dedicated website or just asking customers “How did you hear about us?”
It’s also advisable to run pilots of your advertising to test what works before you go for the big bang at the Super Bowl, otherwise, you are almost certainly wasting money.
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Dr Greg Chapman is the Director of Empower Business Solutions and The Australian Business Coaching Club and is Australia's Leading Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success and Price: How You Can Charge More Without Losing Sales.
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