Question of the Day: What's the average cost of a 30 second Super Bowl ad?
Answer: Over $5 million
Thanks to Beth Tallman from reminding me about the opportunity to use the Super Bowl to bring advertising into the classroom.
Questions:
- How would you describe the trend in the chart showing how the price of a 30 second ad has changed?
- In an era where streaming services like Netflix and Hulu are increasingly replacing cable TV, why do you think that the Super Bowl continues to be so valuable for advertisers?
- Why do you companies spend so much to advertise on the Super Bowl?
- Which types of companies do you think benefit the most from their Super Bowl ads?
Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (WSJ slide show):
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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