Posted by: Loudmouth PR | Date added: Wed 19 Sep 2018
Key findings from the research show that frequent viewing of international TV channels is driven by attitude rather than income, suggesting that these channels offer big potential for a broader base of advertisers beyond the luxury brands that already successfully reach highly active consumers through them
New research by the International Television Research Group (inTV) and GlobalWebIndex has identified an untapped TV audience of 112.5 million consumers who are frequent consumers of international TV channels, but who fall outside of the top income segment that advertisers usually target through ad campaigns on international TV channels.
International TV channels (i.e. those that are broadcast beyond national borders) have been long recognised by high-end brands as a powerful way to reach affluent shoppers and business leaders. However, GlobalWebIndex’s study shows that the characteristics and attitudes of frequent viewers of international TV are not dependent on income – suggesting that the desire to watch international TV is driven by a state of mind rather than income levels alone as previously thought. Frequent viewers display similar behaviours irrespective of income and look very different to non-viewers.
According to Sonia Marguin, Chair of the inTV Group and Head of Research at Euronews, “This research has been eye-opening. While international TV channels will always remain a valuable source of affluent consumers for upscale brands, we can now see that there is also huge potential for other premium brands who are looking for highly active consumers, but who had seen international TV channels as the bastion for top-end luxury brands before.”
The study compared frequent viewers* of international TV channels (BBC News, Bloomberg Television, CNBC, CNN, Euronews, Eurosport, France 24, National Geographic Channel, Sky News and TV5Monde) with non-viewers across a wide range of data points, exploring everything from their self-perceptions and lifestyles to device ownership and advertising receptiveness.
The full report can be found at: http://www.intvgroup.org/frequency-and-scale/. The key findings were:
1. They are more career-orientated and aspirational: Frequent viewers of international TV channels are a driven audience, with 65% saying they’re career orientated compared to 36% of non-viewers. They are significantly more likely to fall into the ‘Aspirational’ segment which encompasses those who think money is a good measure of success and who push themselves to be the best they can in life. Delving deeper int othe results, frequent viewers in the top 10% income group are 100% more likely to be aspirational while frequent viewers outside the top 10% are 78% more likely to be aspirational, demonstrating the similarity in attitudes irrespective of income.
2. Frequent viewers are more receptive to advertising: Advertising receptiveness is associated with viewing frequency, rather than consumer affluence. Frequent viewers are twice as likely as non-viewers to buy the products they see advertised, irrespective of income.
3. They are brand conscious and buy premium: All frequent viewers are considerably more likely to value premium brands than non-viewers, with 60% of affluent frequent viewers and 45% of those outside the top income segment tending to buy the premium version of a product, compared to 40% for the wealthiest non-viewers. Both the top 10% income group for frequent viewers and those outside the most affluent group are significantly more likely to be brand conscious and are also much more likely to own the latest technology, such as smart TVs and smartwatches.
4. Frequent viewers are more engaged with all media, especially social: As well as TV, frequent viewers consume more social media, radio, music streaming, online TV, online press and print than their non-viewer counterparts. What’s particularly interesting for advertisers is that frequent viewers are more purpose-driven when they engage with media channels – for example, they are less likely than non-viewers to simply log into Facebook without posting or commenting; they are active participators.
*Frequent viewers are defined as internet users aged 16-64 who watch any of the international TV channels at least twice a week.
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