With the rise of streaming sites such as Netflix, Roku, and Sling, do people even watch cable television anymore? The answer – yes.
Earlier this year, CNBC took a survey consisting of 801 Americans throughout the United States to find out just how many people still have cable television and actually watch it as well. Out of this group, 30 percent of people stated they only have cable or satellite TV and 36 percent said they have both cable and streaming services. That means 66 percent of the people still have cable television and have the potential to see your ad.
Streaming vs. Television
Even though the number of people watching TV is still large, there’s no denying that streaming services are becoming extremely popular especially among the younger generations. Streaming services are often a cheaper option than regular cable or satellite TV. This allows people to sit for hours upon hours binge-watching their favorite shows at their leisure. Whereas, regular TV tends to cost more and has a programmed schedule.
However, programmed schedules are valuable to those looking to advertise their firm or company on TV especially when it comes to a high-profile event, such as the Super Bowl, or a show airing at a specific date and time. For example, one of the most popular shows Americans watch these days is This Is Us on NBC. Securing an advertising spot on NBC Tuesday nights from 9p.m. to 10p.m. Eastern Standard Time could allow you to reach millions of viewers across the nation while they’re enjoying This Is Us. Many cable channel programs also command large audiences, such as TLC, Bravo, HGTV, and others.
Forbes even stated, “Television advertising revenue was up 7.1% in January 2018, according to the latest stats from the Standard Media Index.”
Besides the potential numbers of viewers, think about the effect being on TV has to large audiences. We instantly attribute a company being on TV with having a distinct and respectable status. Just seeing your advertisement on television can impact viewers to see your business in a prestigious light. Not only will your ad boost your fame, it will portray your business as credible.
So, don’t be blind to the steady influence of TV advertising in this digital age, it may be just the advertisement your company needs to be seen.
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