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Lights. Camera. Profit.

Lights. Camera. Profit. Life in the N800 Billion Industry

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Life in the N800 Billion Industry

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The Spark | Ignite/Connect/Achieve<br />

www.thesparkng.com<br />

Features<br />

TV Ratings<br />

Let’s get Scientific<br />

How are the ratings? What are your ratings like?<br />

Having recently launched HFA TV, Africa’s foremost<br />

Fashion Channel on Cable Network; PlayTV (formerly<br />

Consat), this is a question I am getting all too used to<br />

hearing, and with despair I reply: I wish I knew.<br />

By Damilola Amolegbe<br />

You cannot discuss the television industry’s value chain<br />

without talking about adequate audience measurement<br />

and I have wondered how, since 1959, we are still unable<br />

to resolve something so critical in driving fair Advertising &<br />

Sponsorship Revenues.<br />

For a decade, Nigeria has relied solely on the diary audience<br />

measurement System which has been championed by Media<br />

Planning Services (MPS), yet, to more of a disservice not only to<br />

the media industry but to advertising agencies as well, who require<br />

in-depth information on how to reach their target audience.<br />

For the newbies like me wondering what diary audience<br />

measurement means, it simply means a “reporter” visits an office<br />

or residence and asks whoever is there, at that moment what they<br />

are watching. This is an immediate threat to the industry, as the<br />

census/MPS:<br />

• Exaggerate their top-of-mind channels and are not precise<br />

about what they actually watch.<br />

• Are unable to reach specific target audiences such as high<br />

net worth Individuals, millennials, lower-income households<br />

to name a few.<br />

• Late turn-around time of one month on “data capture” due to<br />

processing & formatting.<br />

• Corruption; media companies bribing their way to the top of<br />

the list to appeal to advertisers, due to the lack of transparency<br />

using diary audience measurement system.<br />

Quoting Vesselin Shaoulov, CEO of GARB Audience Measurement<br />

in Bulgaria in a recent interview conducted with ContentNigeria.<br />

Net “Looking at the African market, right now, South Africa is<br />

more than three times bigger [in value] than Nigeria, and there’s<br />

The value of Nigeria’s Broadcasting Advertising<br />

Market is not proportionate to its Population,<br />

though by 2020, the gap between South Africa<br />

and Nigeria is projected to marginally decline to<br />

72% from 76% in 2016.<br />

only one reason for that: they have metrics and Nigeria doesn’t. South<br />

Africa has 60 million people, US$300bn in GDP and a profit of US$1.5bn in<br />

the media market.<br />

However, Nigerian media is making US$400m with a population of 200<br />

million. Over US$400bn GDP is produced here – therefore the economy<br />

is larger than South Africa by 30% to 40%, and the population even more<br />

so. Yet, Nigerian media makes less than a third what South African media<br />

does. It is unfair to Nigeria.”<br />

The value of Nigeria’s Broadcasting Advertising Market is not proportionate<br />

to its Population, though by 2020, the gap between South Africa and<br />

Nigeria is projected to decline marginally to 72% from 76% in 2016, and<br />

can decline at a faster rate if these are taken into consideration:<br />

• Formalizing the relationship between ‘Primary Value-Chain<br />

Stakeholders’ (Broadcasters, Marketers and AD Agencies and<br />

‘Secondary Supplier Stakeholders’ (Audience Research and<br />

Advertising Monitoring Houses) such as; Broadcasting Organizations<br />

of Nigeria (BON), Media Independent Practitioners Association of<br />

Nigeria (MIPAN), Advertisers Association (ADVAN), GeoPoll, Infotools<br />

and Monitoring Services Nigeria to name a few, and together form a<br />

Council Board.<br />

• In South Africa, broadcasting audience research is managed by the<br />

Broadcasting Research Council of South Africa (BRC). The BRC is a<br />

nonprofit organization governed by an Independent board made-up<br />

of television and Radio Broadcasters. Its primary responsibility is to<br />

commission and oversee the delivery of television and radio audience<br />

measurement research for broadcasters as well as the advertising and<br />

marketing Industry.<br />

• Television Audience Measurement (TAMS): The TAMS is a<br />

*Peoplemeter based research tool. The Council Board ensures that<br />

it has proper controls, transparent reporting and regular audits in<br />

place, making it easy for users to be able to access the data through<br />

various industry standard media planning software tools.<br />

• Expect from the Council Board the development of a multi-year<br />

roadmap for transitioning audience & advertising measurement<br />

system from the current privately managed model to an industryled<br />

and funded model; to review the efficacy of the diary system<br />

and recommend options for making it more scientific and robust OR<br />

introduce a *Peoplemeter system.<br />

Content producers like myself have become increasingly reliant on close<br />

relationships for advertising, which unfortunately belittles the authenticity<br />

of our creative output in favor of a few decision makers, instead of<br />

millions of TV viewers readily available, hindering us from reaching our<br />

full potential.<br />

*Peoplemeter is an electronic method of television measurement that<br />

moved from active and diary-based to passive and meter-monitored. It<br />

was created by America Marketing Research Firm, The Nielsen Company.<br />

24<br />

@thesparkng

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