Media Influence On Purchase Decisions

According to The Media Comparisons Study, from TVB with Knowledge Networks, consumers credit TV ads as most influential in making a purchase decision. Television reaches more people, and people spend significantly more time with television each day than they do with radio, newspapers, magazines, the internet, and mobile, and TV commercials drive viewers to go online to find out more.

 

Media Time Spent Per Day (Hours; Persons 18+)
Medium Daily Time Spent (Hours)
Television

5.2

Internet

3.0

Radio

1.4

Mobile phone

0.7

Newspaper

0.4

Tablet

0.3

Magazines

0.2

Source: TVB/Knowledge Networks, June 2012

When it comes to the advertising medium they find most influential in making a purchase decision, American adults are far more likely to point to TV (37.2%) than any other, including newspapers, the internet, and magazines.

Influential Ad Media in Making Purchase Decision
Most Influential Medium % of Respondents (18+)
Television

37.2%

Newspapers

10.6

Radio

1.8

Magazines

4.4

Internet

5.6

Mobile

0.8

Outdoor billboards

0.2

Don’t know

39.5

Source: TVB/Knowledge Networks, June 2012

It’s interesting to note, however, the social network impact on consumer purchase decisions. 61% of adults 18+ are members of a social networking website, 6.8% of social network members made a purchase decision based on the information from a social network, yielding 4.0% of total adults 18+ based consumer purchase decision on social network.

The study indicates that a plurality of respondents across all age groups believe that TV influences their purchase decisions the most. 18-34-year-olds are the most likely to report this (40.8%), with TV’s influence declining with age, to 36.5% of 35-64-year-olds and 32.7% of those aged 65 and older.

In contrast, the influence of newspapers rises with age. While just 3.2% of 18-34-year-olds responding to the TVB survey say that newspapers hold the greatest sway over their purchase decisions, that proportion rises to 12.3% among 35-64-year-olds, and 18.5% among those 65 and older. The influence of ads served online is far more prevalent among 18-34-year-olds than the oldest group (7.4% vs. 2.9%).

Purchase Decision Influence by Age Group (% of Respondents; Rounded)

Age Group (% of Respondents)

Medium 13-17 18+ 18-34 18-49 25-49 25-54 35-64 65+
Television

36

37

41

40

40

40

37

33

Newspapers

.9

11

3

6

6

7

12

19

Radio

.8

2

2

2

2

2

2

2

Magazines

5

4

3

3

3

4

5

5

Internet

12

6

7

6

6

6

5

3

Source: TVB/Knowledge Networks, June 2012

The survey finds that not only does TV serve as a purchase influence, it is also a key source of information about products. 39.8% of the respondents said that TV is the source they are most likely to learn from about products and brands they would like to try or buy. The internet was next, followed by newspapers and magazines. Almost one-quarter of the respondents were unsure.

More People Learn About Products They Would Like to Try or Buy From TV Commercials
Source Most Likely to Learn % of Respondents (18+)
Television

39.8%

Newspapers

8.0

Radio

2.9

Magazines

6.8

Internet

8.7

Mobile

0.4

Outdoor billboards

0.4

Other

9.4

Don’t know

23.6

Source: TVB/Knowledge Networks, June 2012

Considering the impact of Television, the study reports that it reaches more people per day than any other medium.

Daily Medium Reach (% of Adults Reached Each Day)
Medium % of Adults Reached Previous Day
Television

88.3

Internet

73.1

Radio

55.8

Newspaper

36.1

Mobile phone

27.8

Magazines

24.8

Tablet

11.7

Source: TVB/Knowledge Networks, June 2012

And when considering the value of the TV reach, its most significant (by HH income) is the upscale market.

Media Reach by Household Income (% Respondents Reached)
  HH Income Level (Thousand $; % Reached)
Medium < $25K 25-50 50-75 75+ 100+
Television

83.7%

85.2

87.7

90.4

90.5

Newspapers

29.9

34.8

37.7

34.7

35.1

Radio

47.8

55.5

64.3

63.3

66.1

Magazines

18.9

23.5

25.6

28.8

29.7

Internet

62.4

68.3

72.3

82.0

83.4

Mobile phone

16.2

23.4

33.1

32.4

35.8

Tablet

3.5

5.9

15.5

18.6

23.8

Source: TVB/Knowledge Networks, June 2012

Finally, women are found to be the longer TV users per day than men.

Time Spent With Media by Gender (Average Hours Daily)
  Daily Time Spent (Hours Previous Day)
Medium Women 18+ Men 18+
Television

5.42

4.97

Internet

3.26

2.75

Radio

1.41

1.39

Mobile phone

0.84

0.51

Newspaper

0.38

0.42

Tablet

0.36

0.25

Magazines

0.30

0.18

Source: TVB/Knowledge Networks, June 2012
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