I hope that some of you are going to watch the 78th Academy Awards next Sunday because audience ratings have not been very kind to the Oscars in recent years. The ratings were down 21% in 2004, and declined even further in 2005. Switching dates because of the Winter Olympics can’t have helped.The Academy of Motion Picture Arts and Sciences have made efforts to rebuild the audience, but as they don’t directly control the movies that get produced, and have only limited influence on the ones that get nominated, they end up placing the burden of engaging an audience on the host.
Last year it was, if you remember, Chris Rock. But he didn’t seem to help very much. Billy Crystal has done it a number of times, and people absolutely love him and his opening musical numbers. But interestingly, if you check the actual viewership numbers, you’ll find that when Crystal was host he had the highest – and the lowest – audience numbers measured over the past 10 years.
Anyway, this year the Academy turned to Jon Stewart, host of Comedy Central's award-winning fake news program The Daily Show. When it was announced that he was selected to host the awards he said, "As a performer, I'm truly honored to be hosting the show, although, as an avid watcher of the Oscars, I can't help but be a little disappointed with the choice.” Funny guy.
All of which may just point out the validity of the statement that “entertaining is not the same thing as engaging,” a fact that a large number of advertisers and branded entertainment consumers might well take to heart.
ABC sold all of its inventory for the awards telecast, with 30-second spots costing an average of $1.7 million, so you’ve got to figure that advertisers are looking for some sense of return on a pretty big investment. And to that end, Brand Keys conducted the 1st Academy Awards Engagement Survey.
The survey was conducted among 1,000 men and women, 18 – 59 years of age who expressed a top-box intention to watch the March 5th broadcast.
Creative “reviews” are interesting, but more and more, clients are revisiting the question of seeing a return on their investment. Anyway, the Academy Award Engagement Survey, like the Brand Keys Customer Loyalty Index, was conducted expressly to tease out respondents’ true behaviors. The process quantifies the level of engagement created by the media environment and advertised brand – the equity increase (or decrease) resulting from an advertising effort on a particular show like the Academy Awards. It reports the “return” or “loss” gained from the advertising effort.
Engagement assessment metrics have been indexed to allow for cross-category brand comparisons, and are benchmarked to 100, so like traditional research, higher is better, with + 5 required for a difference at the 95% confidence level. Results for specific brands were as follows:
American Express: 110
CareerBuilder.com: 102
Coke: 105
Dyson: 97
GM (Cadillac): 111
JCPenney: 95
Kodak: 109
L’Oreal: 115
Mastercard: 109
McDonald’s: 100
Miller Brewing: 104
State Farm Insurance: 93
An increase in brand equity always results in an increased engagement. That means viewers will pay more attention to the advertising, think better of the product, and actually go out and buy the advertised product.
The Brand Keys assessments provide a predictive measure of an ad’s return, no matter how “creative” the advertising. “’Engagement’ is something more than just seeing – even liking – the commercial. It’s creating an emotional bond between the product and the viewer. The ads are not seen in a vacuum so the media environment in which you place them can help or hurt.”
These assessments are highly reliable predictors of future behavior in regard to brand purchases, meaning viewers will pay more attention to the advertising, think better of the product, behave favorably towards the brand (Hell, behave anyway! One of the new ‘metrics’ marketers have latched onto being an increased interest in the brand indicated by a visit to the website!) and actually go out and buy the advertised product.
Time magazine named Stewart one of its most influential people of 2005 so it will be interesting to see if Stewart can influence the ratings.
But to paraphrase actor Edmund Gwenn, these days it may just be a case where, “comedy is easy and engagement is difficult.”










