A new study (PDF) sponsored by Newspaper National Network indicates that newspapers play a critical role throughout the automotive purchase cycle, not just at the end of the purchase process.
Newspaper ads are equally helpful as TV when buyers are initially considering an auto purchase: 43 percent of those surveyed found TV ads helpful and 42 percent newspaper Ads.
But newspapers overtake TV when consumers are narrowing down choices: 35 percent of those surveyed found newspapers helpful and 30 percent TV, and when making a final decision, 28 percent found newspapers helpful and 23 percent TV.
In addition, 80 percent of new vehicle shoppers would like to see more manufacturer ads in their daily newspaper.
The study also reports that the frequency of newspaper readership increases sharply when respondents are in the period three months prior to their vehicle purchase. Two-thirds of respondents (who read the newspaper at least once a week) read the newspaper every day in the three months prior to purchase; about half of respondents (who read the newspaper at least once a week) read the newspaper every day in the three months post purchase.
“Newspapers are thought of as doing an excellent job influencing final vehicle choice” said Jason E. Klein, President and CEO of Newspaper National Network LP. “However, this research delves into the earlier part of the automotive purchase cycle and shows that newspaper, both print and online, rival TV in their ability to establish a vehicle as part of consumers’ initial mindset. The study underscores the importance of newspapers throughout the entire buying cycle, both print and online.”
According to Editor&Publisher, the research only covers branding advertising placed by the automakers. Those types of ads fall under the national category. The study did not look at classified auto advertising.
This could be good news for newspapers that are seeing automakers shifting ad spending online. According to the Newspaper Association of America, auto advertising represented 7.4 percent or $111 million of the national category in the second quarter this year, down from 12.2 percent compared to the same quarter in 2005.
Katz Media Group has added another new client, Lincoln Financial Media, and will sell ad time on the company’s 15 stations beginning immediately.
Katz also added CBS Radio and Entercom last week, picking them off from Interep’s list.
Katz has also…
Last week, Aegis Group CEO Robert Lerwill resigned unexpectedly, sparking speculation that a takeover may be on the horizon.
Lerwill stepped down officially today (Monday), with Aegis chairman John Napier taking over his duties on an interim basis, writes MediaPost. People…
Out-of-home companies are bracing for the recession like everyone else, but they may not feel the sting as badly as other media.
Though the third quarter brought negative growth to the nation’s three largest OOH companies - Clear Channel Outdoor,…
The 82nd annual Macy’s Thanksgiving Day Parade pulled an average 12.6 rating/26 share on Thanksgiving morning, Nov. 27, according to Nielsen.
That was 8% higher than its telecast last year, Mediaweek writes. NBC estimated that a total 44.7 million viewers…
Time magazine ousted Cosmo as the top magazine for college students in this year’s Anderson Analytics fall survey.
Time also jumped past People, which was last year’s No. 2, writes Ad Age. A Time spokesperson said the magazine did not run…
Email, news gathering and paying bills continue to be the most widely used online activities among U.S. adults, but downloading TV programs, watching videos and making web phone calls posted the biggest overall growth, according to data from Mediamark Research…