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On the Road to the $10 Million Super Bowl Ad
In February of 2006, following Super Bowl XL, I wrote a newsletter entitled, "The $10 Million Super Bowl Ad?". I suggested that despite all the anxieties around the future of the 30-second spot, the future of Super Bowl ads was very bright. This was the case because of all the broadband and online opportunities that can lead into and follow up the 30 second ad that shows during the game.
My proposition was that marketers would be less concerned about "throwing the long ball", i.e. spending $2.5 million per spot ($2.6 million for Super Bowl XLI, btw) if they were able to monetize that investment beyond just the on-air showing. And broadband is a great way of doing exactly that.
Today Stuart Elliott at the NY Times had a great piece, "Multiplying the Payoffs From A Super Bowl Spot", exactly on this point, and how it's playing out for Super Bowl XLI. It showcases the advertisers who are leveraging broadband this year, including Anheuser-Busch, GM and Garmin. I continue to forecast that broadband is only going to drive the price of 30 second Super Bowl spots (and in fact likely add new value to all :30s) higher as marketers come to understand how they can leverage their investments and tangibly drive revenues from them.
Categories: Brand Marketing, Sports
Topics: Super Bowl
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Lexus Latest to Launch its Own Channel
In yet another great example of how brand marketers are embracing broadband to build closer relations with their customers and prospects, Adweek carried this story today about Lexus launching its own channel this summer. The channel is being desigend to create a "parallel with the character of the brand," according to Lexus national interactive and contextual marketing manager Brian Bolain.
Categories: Brand Marketing
Topics: Lexus
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LA Times Embraces Web, Integrates News Operations
LA Times is reporting a full-on integration of its print and online news efforts is now happening, as the paper is in "a fight to recoup threatened revenue that finances our news gathering," as Times Editor James O'Shea put it. Hurray for them. We took a long look at newspapers' broadband video efforts in our Q2 '06 industry report and found that separate news operations was a key impediment to newspapers realizing their web/broadband opportunities.
Categories: Newspapers
Topics: LA Times
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