– Debbie Laskey, MBA
There has already been too much written, rewritten, and discussed about the funny vs. annoying vs. heartwarming ads, the surprising power outage and why it happened, and the close score of Sunday’s Super Bowl, so don’t worry. I’m not going to focus this post on any of that. Instead, I
What is the difference between a semiconductor computer chip maker and an electrician?
Not much, at least when both have the word “intel” in their business names, according to a Complaint (complete with Exhibits) filed last Thursday in Minnesota federal district court, by Intel Corporation a/k/a Chipzilla, against a pair of
The Super Bowl is much more than a football game to determine a champion; it is a cultural phenomenon. One of the most important elements of Super Bowl Sunday isn’t the on the field action; it is the commercials on television during the breaks in the action. For companies that want to advertise during the game, it is quite costly to partake in this action. A 30 second spot during Super Bowl XLIV will cost $2.5-2.8 million. That figure only includes paying the television network for the time. It doesn’t include costs to produce the ad. The final cost for a 30 second Super Bowl ad could easily run $4 million +. With this in mind, there’s one glaring question. Is Super Bowl advertising worth the cost?
The answer to this question isn’t a simple and definitive yes or no. Advertising during the Super Bowl can raise brand awareness. It also can be used simply to remind a target market of the importance of a brand within a product category. Using an ad in this manner would reinforce existing brand beliefs and hopefully induce a desire to purchase. However, a Super Bowl advertisement can affect a company negatively if not executed correctly. The effectiveness of Super Bowl advertising depends on the perspective of the advertiser, a brand’s strategic objectives and other marketing mix elements.
One of the appealing elements of advertising during the Super Bowl is the fact that it consistently draws a significant audience. More than 90 million people in the United States have watched each of the last 4 Super Bowls. Every Super Bowl since Super Bowl XXVII in January 1993 has drawn at least 80 million viewers. This is noteworthy because television audiences have become far more fragmented over time. The proliferation of television networks with cable/satellite TV, video entertainment options such as video games and DVDs and the vast array of Internet content have been the primary causes of audience fragmentation. The Super Bowl has been one of the few television programs that has been relatively unscathed by audience fragmentation. As a result, the network broadcasting the game (CBS this year) can charge premium pricing for advertising.Continue Reading Super Bowl Advertising: A Super Media Buy?
–Dan Kelly, Attorney
How much would you pay for an Internet domain name? Network Solutions just finished its “48-Hour Spring Sale” of domain names for $9.99 each. Go Daddy is offering domains for $6.99 each. The company 1&1 is offering .BIZ domain names for $3.99. Domain name prices typically cover registration and perhaps some basic web hosting and e-mail features for a year. But not all domain names are created equal. Presently, the domain name universe is one of the most unrestricted markets in existence, and one owner’s trash may be another’s treasure.
So here’s some trivia: how much do you think each of these domains sold for on the open market? Click below to see the answers after the jump . . .
| COMPUTERS.COM | TOYS.COM | DIAMONDS.COM | FUND.COM |