After much hand-wringing in recent days about NBC’s tough competition for ratings during this Winter Olympics, advertisers may find their ads ended up scoring with viewers.
According to a study by IAG research, brand recall was on average 17% greater after a product was advertised during the Olympics telecast than after it was advertised on another prime-time broadcast. Olympic viewers were also 36% more likely to remember the brand’s message.
These metrics should be a consolation to advertisers disappointed with the ratings of Olympic coverage. As network TV continues to lose market share to other platforms and digital recorders make it easy for viewers to bypass commercials, a venue in which an audience is willing to engage with advertisements is increasingly rare.
Mike McCarley, VP-communications and marketing at NBC sports, said the survey results confirmed the network’s research from past Olympics. Advertisers benefit from being associated with the Olympics, he said, because advertising in the Olympics go beyond just the number of households who view a TV commercial.
"There's a value associated with the Olympics that people realize and viewers are drawn to that. It's a positive experience to see athletes of the world gathered for peaceful competition,” Mr. McCarley said. “It really resonates with viewers.”
Warm and fuzzy feelings
Olympic advertisers hope the warm fuzzy feeling people get watching the Olympics may translate into goodwill towards their products, and the IAG study suggests this strategy is effective. Viewers were 36% more likely to have a positive perception of a brand after viewing an ad during the Winter Games than after an ad aired during another prime-time program.
It is hard to separate how much of an Olympic ad’s effectiveness was the result of its placement in the Olympic broadcast and how much was due to the frequency with which it aired. For heavy advertisers who bought more than five prime-time units, brand recall during the Olympics was 53% higher than during other prime-time programming. Likewise, message recall was 88% higher and likability 72% higher.