The Cost of TV advertising
How much does TV advertising cost?
The answer is quite simple: not as much as you think, and with an ROI of £1.79 for every £1 spent (Thinkbox) it can help build your business. Have a look through this page for an idea of TV advertising cost or give us a call on 020 7437 0506 and we’ll talk you through it. If you have an idea you need costing, send it to: email@example.com
But as with everything in this life, you get what you pay for. Here’s some of the elements that make up the cost of TV advertising:
When considering TV advertising costs, part of what you pay for is allocated to buying the slots between TV shows to run your adverts and ads vary in cost enormously depending on how many people will see your TV advert – this is measured in Television Ratings (or TVRs as they are often referred to). For an average weight national campaign you’re looking at 400TVRs. Usage for talent starring in the advert is negotiated based on this figure so it’s useful to have an idea of the size of campaign before you ask a production agency to quote. We have partners to help buy media and cleverly help track how your advert is working.
A Creative Advert
The most important element of any advertising campaign is the idea. Without it, your all-important ad becomes little more than wallpaper.
It is worth investing in a really good creative team to come up with concepts for your ad – this will vary in price but generally expect to pay in the region of £5000 to get a fully worked up TV script. Generally you’re looking at 10 working days (and quite a lot of to-ing and fro-ing) to get a script that you and Clearcast, the regulatory clearance body, are happy with.
Making the Advert
Basic Production – Up to £20,000 – £40,000
Elaborate Production – Up to £40,000 – £100,000
Top End Production – Over £150,000
With this budget, you can start thinking about using a well known music track but expect to pay around £40-50K for the publishing rights and the same again for the recording rights. You can always re-record the track but you have to factor in repeat fees or buyouts for the singer and the cost of musicians.
Bigger budgets allow more scope for special effects and higher production values.
See Our Work
So hopefully, these few notes will be helpful to you. We think the overriding piece of advice is the importance of the idea. You don’t need a huge budget to achieve cut-through in a crowded market place. But you do need to engage your audience. Don’t skimp on the creative.
Toast can get you from brief to screen and help you through the process at every stage. Send an email with an idea of your needs to firstname.lastname@example.org