Advertisers are letting their personal biases guide their targeting methods, causing them to overlook 44% of Americans who feel ignored by ads, according to the second annual New American Consumer Study from iHeartMedia and Malcolm Gladwell’s Pushkin Industries.
The companies polled 237 marketers and agency contacts from Advertiser Perceptions’ Ad Pros network and 1,651 U.S. adults between the ages of 18 and 64 to find discrepancies in what both groups value. Consumer interviews were conducted online and data was weighted to a target sample reflective of the gender, age, race and regional make-up of the U.S., according to the last census. The results were shared on Tuesday with marketers at iHeartMedia’s AudioCon 2024 in New York.
The study showed that consumers and marketers tend to differ in where they live (the latter largely reside in coastal cities) and spending habits (advertisers will make purchases up to $1,000 on their own while consumers often consult friends and family members before spending $100). These differences cause incongruencies in what advertisers expect consumers to value and what they actually value, according to the study.
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For example, consumers reported interest in hunting, fishing and playing the lottery while exhorting religious values and defining luxury goods as brand-name paper towels and a quality slab of meat. Meanwhile, the more metropolitan marketer talked up tennis, pickleball, cold plunges and vegetarianism while placing less value on religion.
While this points to the marketing industry being out of touch with rural America, the 44% of Americans who reported feeling ignored by ads span geographies, races and ethnicities.
“This 44% ranges up and down in affluence a little bit and definitely ranges geographically and in terms of age and political leanings,” said Conal Byrne, CEO at iHeartMedia Digital Audio Group.