Humorous ads consistently resonate best with viewers, regardless of the state of economy or year, according to a report by Nielsen, which examined the advertising effectiveness of more than 4,000 ads before, during, and after the "Great Recession."
Funny ads were 47% more appealing to consumers than pre-recession ads (2006-2007) on average, and 33% more appealing than ads viewed during (2008-2009) and after the recession (2010-2011).
During the recession, there was a notable lift in the effectiveness of sentimental ads, whereas ads focused on product features and promotion/price did not resonate well with viewers—even during tough economic times.
Moreover, the overall performance of narrative and sentimental ads has improved since 2006.
Below additional findings from Nielsen.
Even as many markets continue to face tough economic realities, there's much at stake for advertisers: Global consumer spending is forecast to exceed $450 trillion over the next 10 years, according to the report.
In 2011, worldwide ad spending totaled $488 billion, of which $72 billion was spent on US television alone.
About the data: Nielsen examined more than 4,000 US CPG ads from 2006 to 2011 and categorized the ads by creative approach: humor, narrative, sentimental, product, promotional and value. The study then evaluated the "effectiveness" of each creative approach via various phases of the recession cycle: pre (2006-2007), during (2008-2009), and post (2010-2011).
Continue reading "Funny Ads Beat Frugal in Good Times and Bad" ... Read the full article
Subscribe today...it's free!
MarketingProfs provides thousands of marketing resources, entirely free!
Simply subscribe to our newsletter and get instant access to how-to articles, guides, webinars and more for nada, nothing, zip, zilch, on the house...delivered right to your inbox! MarketingProfs is the largest marketing community in the world, and we are here to help you be a better marketer.
You may like these other MarketingProfs articles related to Advertising:
- Four Tips for Better Videos Ads on LinkedIn [Infographic]
- Eight Ad Tech Innovators' Hopes and Expectations for 2021
- Social Media Retargeting: The Benefits of Drawing Your Customers Back In
- Which Countries Hate Online Ads the Most? [Infographic]
- A Quick Guide to Understanding YouTube Ads [Infographic]