Why the Enduring Appeal of Super Bowl Advertising?
Two years ago, I published a video on my YouTube channel that asked the question: Does Super Bowl Advertising Really Work? And the answer was…
The return on investment (ROI), from what I could glean at that point was largely emotionally driven. I chalked it up to what evolutionary psychologist Geoffrey Miller calls signalling:
But frankly, I didn’t spent hundreds of hours looking into the various case studies from over the years. So, with an entire team of researchers and the desire to dive in deeper, we tackled this again, this time combing through the many case studies published by the Super Bowl advertisers and their agencies as well as independent research firms.
And this time we found the answer to the ROI of Super Bowl advertising.
Turns out that it IS about signalling (gotta love research!)…as well as falling prey to a bunch of other emotional and psychological biases. At the end of the day, it doesn’t mean that nobody should ever advertise in the Super Bowl, but those that do should be self-aware.
It’s not about ROI, it’s more about ROE…return on ego.