8 months ago

Youth brands shift ad budgets from TV to digital

Youth brands shift ad budgets from TV to digital
As viewing habits change, youth brands move advertising budgets from TV to digital · livemint.com

Youth brands are moving their advertising money from TV to digital platforms.

This is because young people's attention spans are getting shorter, and they are watching less TV.

Companies like Viacom18 are trying to stay visible and relevant to these young audiences.

They understand that they can't force what they think is important on the youth; instead, they need to focus on what the youth finds interesting and engaging.

The shift to digital advertising has helped make up for the loss in TV advertising revenue.

Key facts

Advertising Shift
From TV to digital platforms
Target Audience
Youth and young South Asians
Reason for Shift
Fragmented attention spans and changing viewing habits
Impact on TV
Made up by digital advertising gains
Consumer Focus
Importance of remaining consumer-focused and relevant

Quotes

Anshul Ailawadi

Former business head, youth, music and English cluster at media conglomerate Viacom18

“The challenge is that attention spans of young South Asians are getting increasingly fragmented, so one has to remain in the realm of visibility for them in an ever-changing world. And you can’t impose what you think is relevant on them. So, it’s important to remain consumer-focused.”
livemint.com

Sources

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