Spectator on facebook

Spectator on facebook

MEDIA BUYERS DESIRE GREATER INSIGHT INTO MEDIA CONSUMERS TO SATISFY ADVERTISING DEMANDS

Who is watching?

DIGITAL technology used to measure the share of the television viewing audience has helped TV stations shape their programming structures. More importantly, however, it has brought the Slovak media market closer to international standards.
Media buying agencies now agree that the Slovak media market is almost at the level of its western counterparts. However, the agencies think there is still room for an improvement.


TELEVISION will remain the main media for advertising campaigns.
photo: TASR

DIGITAL technology used to measure the share of the television viewing audience has helped TV stations shape their programming structures. More importantly, however, it has brought the Slovak media market closer to international standards.

Media buying agencies now agree that the Slovak media market is almost at the level of its western counterparts. However, the agencies think there is still room for an improvement.

The Slovak media market has been taking shape since the 1990s. The launch of private TV and radio stations, and the entry of knowledgeable international investors into the market, have been among the most important factors.

One of the latest steps in this modernization process has been the introduction of people meters that can help advertisers target products more successfully.

"Apart from the size and structure of investments in the media market, standard terms of trade and media research determines the "unified currency" [comparable criteria] of the market. These are the factors that contribute to a developed media market," Martin Kaniansky, senior account manager from the MediaCom agency, told The Slovak Spectator.

Braňo Polák, managing director of Starmedia, pointed out that a developed media market should fulfill main conditions like audited expenditures of advertisements, a monitored readership and viewing audience, and transparent relations between media, agencies and clients.

"The introduction of people meters at the end of last year was another step towards such a developed market in Slovakia. This year, space for TV commercials is officially planned and traded according to people meters," Polák added.

He thinks that there is room for improvement, especially in terms of the monitoring of print media readership, the evaluation of how outdoor advertising (billboards, buses etc.) is perceived, and the monitoring of radio audiences. The Association of Media Agencies in Slovakia will play an important role in this process.

Kaniansky pointed out that achieving healthy relations between public and private media (see article p. 6) would help the market as well.

Media agencies expect a slight increase in the amount of investment in advertisements in the years ahead. The reason is that there is still room left in the market, which is likely to be taken up in the future.

"There are still some industries in Slovakia that rarely use the media for communicating their brands which is different to how it is abroad, like developers, energy companies and private brands of hypermarkets, for example. I believe that this year will bring positive changes to the market," Polák predicts.

"The trend [of increased investment in the media] will continue and clients' interest in using all parts of the communication and media mix to market products and services will rise," Kaniansky said.

However, the agencies believe that the market will not change that much as it is limited due to its size. In general, television will remain the main media used for communication campaigns. Print media will also play an important role, as will radio stations and the Internet.

"Non-traditional forms of print and outdoor campaigns, innovative programming on TV or radio will still be, in my opinion, an exception," Polák concluded.


Advertisers reach deep


THE AMOUNT of money invested in ads and commercials in 2004 in Slovakia increased by Sk7 billion (€180 million) on 2003. According to the TNS SK agency, expenditures on ads and commercials without barters and discounts exceeded Sk23 billilion (€570 million).

The year-on-year hike in spending on television advertising, representing Sk6 billion (€160 million), was the main contributing factor to the overall increase.

Companies that spent the most on advertising last year were from the banking, insurance, telecommunications, food, drinks and leisure sectors.

Ivan Šimek, director of TNS SK, emphasized that the amount is calculated according to prices in advertisement pricelists and that the real numbers would be lower.

For example, in 2003, spending on advertisements according to pricelists represented Sk16.9 billion (€440 million). The real amount of money spent, including barters and discounts, stood at Sk5.09 billion (€130 million).

Television stations kept the largest share of the ad market in 2004 with Sk17.8 billion (€460 million). Private station TV Markíza received the most money, with Sk12 billion (€310 million). Another private station, TV JOJ, was second with Sk3.09 billion (€80 million).

The two channels of Slovak Television (STV) received Sk2.4 billion (€60 million) in advertising revenue. Spending on ads broadcast by the TA3 news channel reached Sk240 million (€6.2 million).

TNS SK calculated that spending on advertising on Slovak radio stations was Sk1.5 billion (€40 million) and in the print media it was Sk3.8 billion (€100 million). In the case of billboards spending reached more than Sk640 million (€16.54 million), and in cinemas about Sk12 million (€310,000).

Top stories

Crisis ends in Danko’s defeat

Education minister steps down following Fico’s call, Danko not ruling out he might leave politics.

Former education minister Peter Plavčan and PM Robert Fico on July 24.

First Slovak woman crossed the English Channel

Before her, only six Slovak men had managed to complete the difficult swim.

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan