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Insight of the Day: Consumers welcome ads when it saves them money

Findings

  1. Preference for Ads Over Extra Costs:

    • 66% of U.S. TV viewers prefer watching ads to save $4-$5 per month (June 2024), up from 61% in 2023.

    • Consumers are increasingly comfortable with ad-supported streaming options, with disapproval of ads falling from 36% (2022) to 13% (2023).

  2. Ad-Supported Video Usage Rising:

    • By 2025, 74.8% of U.S. over-the-top (OTT) video users will watch ad-supported video-on-demand (AVOD), a sharp increase from 47.3% in 2020.

    • Platforms like Netflix, Hulu, and Amazon Prime Video have embraced ad-supported tiers, making them the new norm.

  3. Decline of Ad-Free Services:

    • Ad-free TV services saw a drop in usage from 84% in June 2023 to 58% in June 2024, largely driven by Amazon Prime Video’s shift to default ad-supported tiers.

Key Takeaway

Consumers are embracing ads as a trade-off for lower subscription costs, shifting the streaming landscape toward ad-supported models and providing an opportunity for advertisers to meet cost-conscious viewers with relevant messaging.

Trends

  1. Consumer Trend:

    • Cost-conscious behavior drives acceptance of ad-supported content.

  2. Sub-Trend:

    • AVOD and free ad-supported TV (FAST) services gain popularity.

  3. Big Social Trend:

    • Financial pragmatism influences media consumption habits.

  4. Global Trend:

    • Streaming platforms worldwide adopt ad-supported tiers as a default or primary option.

Implications for Marketers

  1. Meet Consumers on AVOD/FAST Platforms:

    • Advertise on platforms with growing AVOD viewership, leveraging their increasing adoption.

  2. Emphasize Deals and Discounts:

    • Focus messaging on cost-saving benefits, resonating with price-sensitive consumers.

  3. Targeting Opportunities:

    • Collaborate with streaming platforms to improve ad targeting, ensuring offers reach the right audience.

Implications for Brands

  1. Content Sponsorship:

    • Partner with platforms to sponsor content or offer branded entertainment tailored to the audience.

  2. Engage with Cost-Conscious Consumers:

    • Highlight savings through exclusive promotions or discounts tied to AVOD platforms.

Implications for Consumers

  1. Benefit from Free or Low-Cost Entertainment:

    • Consumers save money while maintaining access to quality content.

  2. Increased Exposure to Relevant Ads:

    • Improved ad targeting ensures consumers see deals and offers aligned with their interests.

Implications for Society

  1. Normalization of Ad-Supported Content:

    • The widespread adoption of ads reshapes consumer expectations about "free" and "premium" services.

  2. Cost-Saving Trends Across Industries:

    • Media consumption mirrors broader financial mindfulness, influencing other sectors to adopt similar models.

What Companies Should Do in 2025

  1. Adopt an AVOD-First Strategy:

    • Tailor content and monetization strategies around ad-supported models.

  2. Refine Targeting Capabilities:

    • Invest in data analytics to optimize ad placement for maximum relevance.

  3. Leverage Cross-Promotion:

    • Use AVOD platforms as a channel for exclusive promotions to drive consumer engagement.

Strategy Recommendations for Marketers

  1. Double Down on AVOD Advertising:

    • Prioritize budget allocation to AVOD platforms with the largest growth and audience.

  2. Deliver Value-Driven Ads:

    • Ensure ads emphasize discounts, free trials, or limited-time deals that align with cost-conscious behavior.

  3. Innovate with Engagement:

    • Explore interactive ad formats that encourage direct consumer action, such as in-app purchases or coupon downloads.

Final Sentence: Main Trend

The shift to ad-supported streaming highlights a consumer preference for cost savings, offering marketers an opportunity to deliver value-driven messaging in a growing AVOD ecosystem.

What Marketers Should Do in 2025

Focus on delivering value:

  • How: Develop data-driven ad campaigns that prioritize consumer savings and exclusive offers on AVOD platforms.

  • Outcome: Build trust, engagement, and loyalty with cost-conscious audiences.

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