The death of TV as the most dominant medium is grossly exaggerated. We all know that TV is, in fact, still the most used and best suited media tool in our box of marketing and advertising tricks.
How do I know? I downloaded a copy of the British Thinkbox presentation called “TV advertising’s ultimate nickable charts.” It is a collection of insights collected from across the U.K. media research spectrum, covering mundane datapoints like reach and impact for a variety of touchpoints all the way to brand health and ROI building ability.
Thinkbox is the organization paid for by the U.K. commercial TV industry, so it does have a bit of an agenda, of course. But many of the findings are transferable to the U.S. market with some probability (cue Ed Papazian to tell me I am wrong! Just kidding, Ed!).
There are of course stark differences between the U.K. and the U.S. ad and TV market. However, I have seen enough data from across the world that seems to align with the U.K. findings, which show that:
There are many other interesting datapoints in the deck, but for that I recommend you nick a copy yourself.
Obviously, the #stayathome period, which most states are now beginning to abandon, has led to an increase of viewing here in the U.S. and elsewhere. Daytime viewing, viewing among adults and kids, viewing of (new) paid VOD platforms like Disney, Netflix and others are all up.
Will that last? Probably not. We are entering the summer, and if my N=1 observations and anecdotal information from friends and clients across the country is worth anything, the American population has decided that about eight weeks of being careful and living the isolation life is about all we can muster. It is summer, so it is time to go outside, mingle, and hang out. What do you mean: face masks and social distancing?
This will undoubtedly lead to a reduction of TV/video viewing and some of the gains that the medium generated over the last few months (and possibly a second pandemic, but who cares, apparently). It is interesting to note that all of the data from Thinkbox is pre-COVID. So all those statements I shared above are true regardless of people having to spend time at home in isolation or not. A lockdown just adds incremental performance. These are important considerations as we fret about the future of the upfronts, whenever they take place.