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Motley Fool Hidden Gems Investing

$5.5M for One Ad?

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 2 February 2021

⏱️ 2 minutes

🧾️ Download transcript

Summary

Super Bowl ad time are the most expensive you’ll find on television. So after companies spend the money, what’s the best advertising strategy to use with your time? Jeanine Poggi, senior editor at Ad Age, believes that branding (over a specific call-to-action) is the way to go. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

With the Motley Full Money Extra, I'm Chris Hill. Super Bowl 55 is on February 7th, which

0:13.2

means it's also the day of the most expensive television ads for the entire year. 30 seconds

0:19.0

of ad time during the game will cost a cool 5.5 million dollars. For the companies buying

0:25.0

ad time it's expensive and carry some risk. After all, if you're paying that much money

0:30.4

for a single ad, you want to get the most out of it. Some ads will try to drive an action

0:35.9

like getting viewers to go to a website. Other ads are about branding. Janine Poggi is a senior

0:42.6

editor at Ad Age and she has years of experience with Super Bowl ads. As Janine sees it, one

0:49.2

of those strategies is definitely better than the other.

0:52.6

Super Bowl to me has always come across as a place where it's about brand awareness. Many

0:57.2

times in the Super Bowl, we've seen brands come out there. You don't even know what product

1:01.8

they're necessarily trying to sell or they're not specifically trying to sell a product.

1:05.4

It's about a message that connects consumers to the brand. That might not be a direct message

1:10.7

saying come by our chips, our dip, our cola, whatever other product they're trying to sell.

1:16.9

It's about people remembering the brands and being like, oh yeah, I really liked that

1:20.4

ads when they're in the grocery store and they see those chips on the shelf, that comes

1:25.0

to mind. I do think that the Super Bowl given the cost and the large amount of people

1:31.6

that are watching the game, it's really about building brand awareness, whether it's a brand

1:37.7

that's very familiar and we've seen year after year or a newcomer that is just trying to

1:42.6

get their company out to a larger audience.

1:46.0

Makeoff is set for 6.30 pm Eastern this coming Sunday, the ads however, they'll start

1:52.1

a little before that. I'm Chris Hill, thanks for listening, we'll see you next time.

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