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December 1, 2009

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Show me the money, then more ads: survey

Would advertising be so annoying if you got paid to pay attention to it?

A global survey revealed that although most people think there's too much advertising on television, the Internet and other media, more than 4 in 10 would be willing to accept even more ads if that meant smaller bills.

This idea was especially popular in Spain, Australia, the United States, Britain and China. Global marketing research firm Synovate, which conducted the survey, said it was an idea worth being considered by the advertising industry, which has been battered by the global economic downturn.

"Despite large majorities of people in every market saying there are too many ads on TV, 42 percent would be willing to accept even more ads in exchange for a discount on their subscription bill," Steve Garton, Synovate's global executive director of media, said.

Globally, 41 percent said they would be willing to accept more Internet advertising if they got discounts as well.

"This model is an interesting pursuit for the industry. If it could be linked with targeted, more relevant advertising it may just drive revenues across an increasingly fragmented audience," Garton added.

For the survey, Synovate asked more than 8,600 people across 11 markets for their thoughts on media and advertising.

More than two-thirds said there were too many ads on TV and 39 percent felt there were too many ads on the Internet. Almost all - 87 percent - had actively tried to avoid TV and radio advertising, either by turning it off or changing channels, while two-thirds had avoided Websites they felt had intrusive ads.

As for the world's favorite medium, the Internet was voted as the one thing most people - 70 percent - could not live without, narrowly edging out television, at 69 percent.

The most hooked to the Web were Britons at 92 percent, followed by Spaniards, Australians, the Dutch and Americans.

But the Internet's overwhelming popularity did not sound a death knell for traditional media such as newspapers, which the study showed many markets - especially Asia and Latin America - were very attached to.

And while radio isn't valued as much as TV or the Internet, a majority of people said they couldn't live without it or would miss it a lot if it no longer existed.

"Mainstream media like TV, print and radio all clearly remain invaluable to large segments of populations. We're certainly nowhere near a time when advertisers should abandon them," Garton said.


 

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