What a $5 million Super Bowl ad can buy you in digital media (tl;dr: a lot)
Every year, marketing pundit-types ask themselves the question: “Is the Super Bowl worth it?” And when the price tag is $5 million for 30-seconds of airtime, it’s a pretty good question — especially when you begin wondering what you can get for that money in digital.
Turns out, a lot. On social media and on websites, $5 million can cover, in some cases, your entire budget for the year. We asked ad buyers and platforms what $5 million could get us in lieu of a 30-second TV spot.
One caveat: You may be able to buy more media online, but for every sponsored moment and promoted pin, you’re competing against all the other digital media noise out there. Despite the crazy price tag, it can be argued that in the age of digital, the Super Bowl is actually worth more since it’s one time people can definitively say that their ad was watched.
Be that as it may, here’s what else you could have banged for that same buck.
Snapchat lenses for a week
At $700,000 a day, you could get up to a week’s worth of Snapchat’s sponsored lenses. The photo-sharing platform charges at a minimum 2 cents-a-view on video ads on Discover, so at a $20 CPM, that’s 250 million impressions.
Over a billion Facebook impressions
According to Laundry Service, at the lowest possible cost-per-view (1 cent) and a $3 per thousand impressions, you could buy 500 million Facebook video views and 1.6 billion impressions. Mobile app install ads cost an average 32-cents cost-per-click on Facebook. At those rates, you could buy 15 million clicks.
Reach every Twitter user 10 times over
Laundry Service’s CEO Jason Stein estimated that you could buy 10 promoted moments, meaning that you could potentially reach every Twitter user 10 times with 3 billion impressions.
Take over NYTimes.com for more than two weeks
Ad buyers say it costs about $300,000 to take over the homepage of the New York Times’ website for a day. For $5 million, you’d get 16 days of whatever content you want, maybe even Barney and a dumpster fire. You’d reach roughly half of its 70.3 million monthly uniques, per comScore.
2.63 billion display ad impressions
Display ads currently sell for $1.90 per thousand impressions (CPM) in the U.S., according to email marketing company Monetize Pro. So $5 million would get you 2.63 billion impressions.
166 million impressions on Pinterest
At about $30 per thousand impressions, according to ad buyers, you could get 166 million impressions on Pinterest.
2.5 billion Instagram impressions
At a 2-cents-per-view, you could get 250 million views on Instagram. But if you look at the average CPM on Instagram, which is $2, you’ve got yourself 2.5 billion impressions.
A sponsored tweet from a high-profile celebrity or athlete every week for an entire year, including a license to use the content from that post across other social mediums. But you could also get partnership deals with NBA stars like Russell Westbrook, Draymond Green or Anthony Davis, according to Stein.
Five custom emojis on Twitter
Custom emojis on Twitter created for big advertisers like Coke, Spotify and Dove, cost about $1 million, according to buyers. So you could get five of those for the price of a Super Bowl ad. Unfortunately though, Twitter is guaranteeing some sort of exclusivity — so Anheuser-Busch, for example, will be the only alcohol brand to have custom emojis Sunday.
A year’s worth of content for a small brand
Global media network Cycle could produce 20 videos between 60 and 90 seconds; 50 short, 15 second videos; 50 microvideos like Vines or GIFs; 500 photos that could reach potentially 1 billion impressions. (Cycle would also throw in distribution of that content and a measurement study to see how well the content did.)
One media executive said that for $5 million, he would be able to add about 40 junior staffers to a brand’s account.
Some agencies are giving summer Fridays a second look so employees can ‘enjoy their life again’
Agency executives say that the increased focus on taking advantage of summer Fridays this year is to help employees take the time they need to relax, improve mental health after a difficult year and avoid burnout.
As brands test Amazon’s direct link between digital ads and Whole Foods purchases, they spot new data nuggets — and gaps
Advertisers are using Amazon's recently-launched attribution feature to see how digital ads drive real-life purchases at Whole Foods.
‘I don’t think their outlook is dire’: Why a return to in-person events hasn’t deterred marketers on Clubhouse
Even with vaccine rollout and a return to in-person events, marketers still see the value in Clubhouse communities formed during the coronavirus pandemic.
SponsoredHow The Company Store is reimagining customer experiences for pandemic-era growth
Throughout the pandemic, some retail categories have been inherently successful. Home furnishings and décor are among them; with consumers spending so much more time at home, updates and renovations flourished. Criteo data from the first half of 2020 showed sales for items like outdoor furniture sets up 434% year over year, with other home items […]
‘Bridge the gap between paid and organic’: Why Reddit is building an in-house agency to work with brands
Reddit is building an in-house creative strategy agency, KarmaLab, in a broader bid in recent years to grow its ads business.
Cheat Sheet: Why Roblox is fast becoming one of the most important media businesses of the future
Gamers spent 9.7 billion hours on Roblox in the first three months of the year. Here's a look at how the company became one of the most important media businesses of the future.