“TV campaigns sparked immediate and sustained increases in brands’ website traffic and online brand searches which shows long-form, professionally produced video content’s ability to drive ‘mid-funnel’ results for advertisers of all sizes and investment levels,” the VAB said in a report focused on new TV advertisers.
There were 931 first-time advertisers from the years 2021 to 2023, and they spent more than $4 billion on their campaigns, the data show. The initial success of a TV campaign encourages many brands to increase their spending as they seek greater market share.