So what about the Oscars? After reading an article in Entertainment titled “Oscar Ads Get the Red-Carpet Treatment,” I’m very interested to see how the ads for Sunday nights Oscars will execute. While we all know that this year’s Super Bowl ads ran for $2.6 million, we can’t forget about the ads costing $1.7 million apiece for this years Oscars. With the Super Bowl ads being a “flop” this year, many brands are looking to the Oscars with a new target audience to reach consumers.
This years Oscar ads may not be running for the amount of the Super Bowl, but ABC is showing better promise than the Super bowl in regards to popularity and ad space. ABC sold out ad space quicker than this year’s CBS Super Bowl, with brands still waiting on a list for a spot to open, while the Super Bowl was still scrounging for open slots close to game time. Brands such as Pepsi, Coke, American Express, L’Oreal and GM bought multiple 30 second ad slots because of the millions of viewers that will watch the Oscars. The Oscars is set to have been filled with stars and an event that viewers watch live every year. While the number of viewers attracts brand companies, so does limited ad time and the status of the viewers. The Oscars have limited commercial breaks and the commercial time it does have goes very fast. This gives brands a chance to really leave a mark in viewers’ minds because they are not bombarded with ads to choose from. Brands are also attracted to the Oscars because of the social status of the viewers watching. Most make a very comfortable income and have the potential to spend excess money.
The tone of the Academy Awards is a completely different mood compared to the Super Bowl, where ads have the opportunity to work in the tone of emotion rather than humor. The glamorous and prestigious atmosphere the Oscars brings, enables brands to create ads with that same emotional appeal since viewers are already in that mindset.
Overall, the Super Bowl is not the only event that is looked at as a big attraction for brands and ad spots. The Academy Awards offers an entirely new audience and tone, and has promise to be just as effective as the Super Bowl ads in a completely new way. I’m very interested in the outcome of the ads and also curious as to what ads people remember during this eventful night. Some may say that the ads are a huge part of the Super Bowl, but I think the Oscars are one example where brand companies have a great opportunity to reach their targeted consumers.