car

Maserati looks to targeted TV ads to find rich car buyers

Big question: Did you buy a Maserati last year? If so, then you purchased one of the 7K that were sold domestically in 2017.

Quick math:
1) U.S. TV households — 119.6M
2)
Maserati sales — 7K
3)
Households / Maseratis sold — 17K

Only 1 out of every 17K U.S. households bought a Maserati in 2017 and yet addressable advertising allows them to effectively advertise on television/digital.

This is why both addressable and advanced TV advertising holds so much promise.

Quote from Mike Biscoe — GM for Great Britain region @ Maserati:
“If Maserati were to try and run a traditional TV campaign, then we would probably end up wasting something in the order of 95 percent of the investment… It’s either addressable TV or nothing because I can’t afford to go broadcast. If I had an infinite marketing budget, then I could afford to wait to get payback over 15 years. The power of TV as a creative medium is undeniable, but it’s something which hasn’t been cost-effective for us in the past.”

Huge market for targeted advertising: Morgan Stanley recently estimated that YouTube would be worth $160B if it were a stand-alone company.

PSA: YouTube is now worth ≈ 100X the original $1.65B that Google purchased it for back in 2006.

More #1: Live, scalable, addressable, ad-supported TV by 2024

More #2: TV Is on the Cusp of Radical Reinvention

More #3: How Data Will Come Into Play in OTT Advertising

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