The Super Bowl celebrated its 50th anniversary this year, thus providing a golden opportunity for advertisers to reach millions of consumers. But it wasn’t without a cost. CBS sold 30-second national ads for the big game for as much as $5 million.
That’s way out of reach for most local companies’ budgets, but each year local broadcast affiliates have a handful of ad space available at a fraction of the national rate to air in the local market during the game and pregame special.
Local ads help give local businesses the opportunity to play in the big leagues, said Gulf Coast Bank & Trust President and CEO Guy T. Williams, who has bought local advertising in 10 Super Bowl broadcasts.
“We don’t do it every year,” he said. “We pick our shots depending on who is playing and how we feel the mood of the city is.”
Since Super Bowl 50 kicked off about the same time as the Bacchus parade rolled, Williams said he knew New Orleanians’ attention would be split between the game and the superkrewe’s ride. But when native son Peyton Manning punched his ticketed to his fourth NFL world championship game, Williams said he knew the bank had to participate in this year’s broadcast.
“We weren’t going to do it if Denver had not been in the game. If Peyton’s not in it – and with the year the Saints had – we worried that people in New Orleans wouldn’t have a vested interested in the game, really wouldn’t care, and would be out at the parade. The fact that it is Denver and Peyton put us over the edge.”
Neither Williams nor local CBS affiliate WWL-TV would say how much local ad rates were for the game, but they are believed to run about $100,000 per 30-second commercial.
“It’s more expensive than any other advertising that we do, but it’s worth it,” he said. “It’s high visibility. There are a lot of people who think this will be Peyton’s last football game, and you want to see it.
“It’s a bit of a Cinderella story. He had all of those neck surgeries that almost ended his career, was benched earlier this year, came back to get them to where they are,” Williams said.
Super Bowl Special
Commercials for Super Bowl 50 ran as high as $5 million. Advertising in Super Bowl I in 1967 cost $42,000. Here’s a year-by-year breakdown of Super Bowl national advertising rates.
Super Bowl
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Source: NFL Research