This Sunday, the Kansas City Chiefs will square off against the San Francisco 49ers in Super Bowl LIV; anticipated to be one of the most entertaining sporting events of the year brought to you by gunslinging quarterbacks Patrick Mahomes and Jimmy Garoppolo.
Thanks to two electrifying football teams and the unofficial holiday that comes with Super Bowl Sunday, a projected 100+ million viewers in the U.S. will tune into FOX at the same time, creating an unparalleled opportunity for marketing pros to cultivate a memorable brand association with more than a quarter of the U.S. population.
But these opportunities do not come cheap
Outside of the cost of producing the commercials, (which anyone in marketing can tell you isn’t cheap) you have to pay egregious dollar figures just to place it on the primetime Super Bowl stage. FOX sold out of its Super Bowl ad slots in late November, which reportedly sold for between $5 million and $5.6 million.
Let that number sink in. $5.6 million could buy you a five-bedroom house with a view of the Golden Gate Bridge in downtown San Francisco. Or 10 five-bedroom houses in the Kansas City-area. Suffice to say, there’s a lot you could do with that money.
From a marketing standpoint, if your brand is considering purchasing a primetime 30-second Super Bowl ad, or you’re simply wondering how you could make a splash during the event without blowing your entire annual budget, consider these marketing alternatives that you could buy for the same price:
1. 20 years of a PR retainer at 20K per month
While it probably does not make sense to stretch one year’s marketing budget over the next two decades, this illustrates how far your marketing dollar could go over time with a PR budget as opposed to a single, 30-second Super Bowl ad. A monthly PR retainer could produce the ability for your brand to demonstrate expertise to more targeted audiences than the general public watching the Super Bowl at a fraction of the cost. This is typically executed with media relations and strategic placements of messaging within publications of interest to the brand’s most important audiences. Spending your marketing dollars in this way would create a steady burn of messaging over a long period of time as opposed to one, 30-second firework explosion of your brand that a large portion of the Super Bowl audience could miss.
2. Multiple omnichannel digital campaigns
In order for any Super Bowl campaign to be successful, it must eventually migrate to the digital realm in one way or another. Outside of the $5.6 million it will cost to run the ad in the spotlight, brands also have to shell out at least another $1 million to market the ad via social media. So why not go straight to digital with your campaign?
Newcastle Brown Ale was among the first to attempt this digital-first Super Bowl strategy in 2014 with a satirical YouTube commercial featuring Anna Kendrick about the Super Bowl commercial they almost made but didn’t have the money. By posting the video directly to YouTube and spending all of their resources marketing the commercial online, they found a witty way to poke fun at the nature of Super Bowl commercials by making one while also saving A LOT of money in the process. Digital campaigns can be an extremely effective (not to mention more targeted) way of maximizing your exposure to your key audiences. Ultimately the third-party validation that will come from individuals sharing your content will be the mark of a successful campaign, so digital-first strategies could be the next iteration of Super Bowl commercials.
3. Yearly platinum sponsorships in ten of your audience’s favorite publications
If your brand is targeting audiences that congregate around specific media outlets, paid partnerships with those media outlets can be a great way to enhance your exposure to the people who matter most. Sponsorship packages at media publications vary based on their target audience, the type of content they typically publish, and what you’ll get for your spend. But with big dollar figures in the hundreds of thousands, you could expect millions of unique viewers, digital ad space, thought leadership content, lead-gen, sponsored webinars, and more!
As Americans and football fans around the world tune in to the game on February 2, household brands will be vying for your loyalty and lesser-known companies will be introducing themselves to the world on the hottest advertising real estate money can buy. However, you can also expect to see many organizations turning to alternative marketing to make their splash during the game.
The real winners of this international media event will not be limited to just the Chiefs or the 49ers, but also to the organizations who strategically employ ALL of the marketing tactics available to them.