As much as I like
statistics, I was surprised to read the recent Kantar Media Intelligence Report
published in December 2012 about US advertising expenditures:
“Total advertising
expenditures in the third quarter of 2012 increased 7.1 percent from a year ago
and finished the period at $34.5 billion, according to data released by Kantar
Media, the leading provider of strategic advertising and marketing. information. Total
spending for the first nine months of the year grew 3.8 percent to $101.3 billion.”
The biggest
increases came in television media which grew 9.1% for the period January
2012 to September 2012. Cable TV
expenditures were up 5% while network TV was up about 9% (even
factoring out $1B in political/election advertising)
Radio
advertising too, was also up about 2.4% and billboard advertising was
up 4%
On the other side of the coin, internet advertising was off 3.1% for the same period.
On the other side of the coin, internet advertising was off 3.1% for the same period.
And here is
another interesting fact, Apple, Microsoft, Verizon and Google (the kings of the
internet) spent billions on TV advertising.
Do you find that strange? The
biggest names in digital media, software, hardware and services spend the
majority of their ad bucks on TV!!!
Here’s what I find
strange. As an industry, bowling has
stopped advertising; whether it is on TV, radio or even billboards. Every now
and then I find a proprietor or two who has invested in “measured media”,
specifically electronic media. Rarely, if ever, do
I find groups of proprietors pooling their money to invest in a media campaign.
The Cincinnati
group may be an exception. They run a
have a ball program every year and have done so probably for the last ten or
twelve years using radio and I think some local cable. Their results have been consistently outstanding
with many proprietors in the group reporting over 100 new bowlers annually as a
direct result of this effort.
So how come
other local groups haven’t done it? Is everybody so in love with the internet
and email (which only 10% to 12% of YOUR customers open) and Facebook that we
have completely forgotten about the one media that Americans spend more time
with than any other? TELEVISION! Is the “new
media” alone improving your business?
Now I’m not
down on internet marketing. Far, far from it. I write blogs and emails and place face book posts for my clients every day and make sure that they are the very best they can be. So I am a believer! After-all this is exactly what I am doing writing these
words, but I also believe that TV is still a staple and bowling is still a visual experience, so
why can’t local groups get together and put on a media campaign?
Is it because
they can’t get consensus on what to do?
Is it because they are concerned that the center who doesn't advertise
will also benefit? Or is it the fact that they "have done it, been there
and not sure” if it worked. So why
bother again, Right?
Probably all
valid reasons.
But not good
enough reasons for your center to remain invisible to the THREE OUT OF FOUR AMERICANS
WHO DON’T BOWL. You’re missing 75% of
the people out there who haven’t been in your center in at least a year
(probably more) and while it is always more efficient to get your existing
customers back, you just can’t abandon the “new customer pipeline”. Certainly, you will agree, that some
investment in that distribution channel has to be funded.
Are there any takers out there who want to tap my
30 years of marketing and media experience to help put together a local
proprietor group marketing effort?
Or do you want
to stay invisible?