NEW YORK, NY, December 18, 2013 /24-7PressRelease/ -- New York Client Solutions believe up to 20% of marketing budgets assigned to TV Advertising will move to direct marketing, highlighting the complete lack of attention paid to TV ads due to the rise in multi-screening.
According to Marketing Charts few B2B marketers rate TV as an effective medium for reaching customers and prospects. Consumers appear to be watching TV ads out of passivity, and many would like their TV viewing future to be free of ads.
Additionally, research has shown that TV ads don't spur many shoppers to try new retailers; they are middle of the pack as an influence on household shoppers; and while they contribute to mobile purchases, they have less of an impact than online content for driving mobile commerce, per an Interpret report, reported by MobileMarketer.
Currently 23% of all viewing consists of previously recorded shows (38% of young-adult prime-time viewing), where adverts are cut out completely or regularly skipped through altogether. New York Client Solutions suggest as this generation of TV viewer's age, pre-recorded shows will become the norm, leaving TV advertisers struggling to justify their spending.
'TV advertising is approaching a tipping point. Spending is shifting to other forms of marketing and advertising and as digital marketing channels struggle to offer measurable results we are confident advertisers will shift a significant amount of their marketing budgets to direct marketing channels,' states Colin More, MD at New York Client Solutions.
New York Client Solutions forecast over the next five years much of the $70 billion spent every year on TV advertising will shift into other methods of marketing. The high return on investment offered by direct marketing is certainly swaying many American Brands already. Colin More predicts New York Client Solutions are well positioned to obtain more direct marketing contracts in early 2014.
Source:
http://www.marketingcharts.com/wp/direct/data-dive-how-much-more-are-advertisers-spending-today-to-reach-online-americans-30908/
New York Client Solutions is an outsourced sales and marketing firm based in Manhattan, New York. Follow New York Client Solutions on Twitter to keep up to date with the firm's business news @NYC_Solutions.
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