A VALS™ Perspective on Media and Advertising March 2009
About This Report
Headline: Advertisers face increasing challenges in a down market.
Sound byte: Media channel preferences become more pronounced.
Stay Tuned: Will the economic crisis change consumer expectation and spending norms?
At a time when positive economic news is hard to find, the media and advertising industry is feeling battered on several fronts: an evolving media landscape, shrinking revenues, and advertisers' increasing pressure to stretch available dollars to reach consumers. On the other side of the coin, many consumers suffer from advertising overload: Some research claims that the number of advertising messages that the average U.S. adult sees is as high as 6000. Whatever number one chooses to believe, the number of advertising messages is greater than most consumers are interested in receiving or can reasonably process.
The total ad-spending picture for 2009 is likely to be grim: Magazines, for example, already report "slimming down" because of reduced advertising sales. Some advertising media are rethinking some sacred cows: For example, the venerable New York Times recently ran a CBS display ad on the front page in an effort to capitalize on prime space. Media companies and advertisers alike are grappling with issues such as media placement, advertising format, and innovative ways to reach consumers at a time when many consumers have fewer dollars with which to make purchases.Contributing to present media and advertising conditions are issues involving convergence, connectivity, consolidation, and content. A VALS™ Perspective on Media and Advertising explores these factors and consumer attitudes about the media and advertising.
Table of Contents
Convergence, Connectivity, Consolidation, Content, and the Consumer | 2 |
Convergence | 2 |
Connectivity | 3 |
Consolidation | 3 |
Content | 5 |
The Consumer | 6 |
Innovators | 8 |
Thinkers | 12 |
Believers | 15 |
Achievers | 18 |
Strivers | 22 |
Experiencers | 25 |
Makers | 28 |
Survivors | 30 |
Tables | |
Media Attitudes | 9 |
Most Trusted Media | 10 |
Advertising Attitudes | 13 |
Responsiveness to Ads across Media | 16 |
Considerable Interest in Alternative Advertising Places | 19 |
Considerable Interest in Product Placement | 20 |
Connectivity | 24 |
Cellular/Mobile-Phone or PDA Behaviors in the Past 30 Days | 27 |
Cell-Phone or PDA Opinions | 29 |
Internet Activities in the Past 30 Days | 31 |
Figures | |
VALS™ Framework | 1 |
Media Quintiles: Innovators | 8 |
Media Quintiles: Thinkers | 12 |
Media Quintiles: Believers | 15 |
Media Quintiles: Achievers | 18 |
Media Quintiles: Strivers | 22 |
Media Quintiles: Experiencers | 25 |
Media Quintiles: Makers | 28 |
Media Quintiles: Survivors | 30 |
Related Sources
- JibJab: What We Call the News
http://sendables.jibjab.com/originals/what_we_call_the_news - Advertising Age
http://adage.com/datacenter/ - Bill Moyers: Media Consolidation on NOW
http://www.pbs.org/now/politics/mediaconsol.html
http://www.pbs.org/now/politics/fcc.html - Columbia Journal Review
http://www.cjr.org/resources/ - Media Post
http://www.mediapost.com/ - Media Week
http://www.mediaweek.com - Merging Media
http://www.pbs.org/newshour/media/conglomeration/ - Newspaper Media
http://www.newspapermedia.com/
http://www.naa.org/TrendsandNumbers/Advertising-Expenditures.aspx - Obama's Secret Weapons: Internet, Databases and Psychology
http://blog.wired.com/27bstroke6/2008/10/obamas-secret-w.html - On the Media
http://www.onthemedia.org/ - The Cable Center
http://www.cablecenter.org/education/library/researchResources.cfm - The Conference Board
http://www.conference-board.org/economics/consumerConfidence.cfm - The Newspaper Association of America (NAA)
http://www.naa.org/
http://www.naa.org/TrendsandNumbers/Readership.aspx - The Paley Center for Media
http://www.paleycenter.org/ - The Television Bureau of Advertising (TvB)
http://www.tvb.org/nav/build_frameset.aspx - Veronis Suhler Stevenson (VSS)
http://www.vss.com/ - Advertising messages per day
http://answers.google.com/answers/threadview?id=56750