Automotive consumers use newspapers…
Nearly 17 million new vehicles and 43 million used vehicles are sold
each year. Understanding the thought process of consumers and what
media they use to make decisions are important in building effective
advertising strategies.
New and used vehicle buyers take anywhere from six to eight months
to make a purchase decision. In the early stages buyers rely heavily
on their previous vehicle ownership experiences, experiences of friends
and relatives and what they see on television or read in the newspaper.
As consumers become more serious in their purchase, newspaper readership
and internet viewership increase. Ninety-seven percent of all vehicle
buyers cite newspaper advertisement an important source for purchase
information. Newspaper websites take a close second place to the
internet savvy buyers. The combination of print and online newspapers
can not be beat by any single source for auto shoppers. Sixty-four
percent of both new and used consumers visited a newspaper website
at least one time in the past month.
In the last phase of the auto purchase cycle, both new and used vehicle
buyers spend most of their time searching the newspaper ads for the
best deals. Eighteen million adults plan to buy a used vehicle in
the next year; 63% of those consumers read a daily or Sunday newspaper.
And, 16 million adults plan to buy a new vehicle within the next
year; 69% of them are newspaper readers.
While all forms of media are used in most advertising campaigns,
newspaper are generally used throughout the entire campaign and soar
above all others during the last month of consumer decision making.
Fifty-seven percent of new and 68% of used shoppers chose newspaper
as their primary source during the final two weeks before making
their purchase. The second runner up was the Internet at 16% for
new and 12% for used.
Newspapers continue to be the source that consumers rank number one
as the source most used to check ads, most valuable in planning shopping, best
for bring sales to “my attention”, easiest to compare prices and
most believable.
Resources:
*Scarborough Research Top 50 Market Report, 2005
**CNW Marketing Research, NAA 2006/2007 Planbook
***NAA Online Newspaper Drive Vehicle Buyers, 2004
This monthly newsletter is a service provided by Customized
Newspaper Advertising. For more information on the newspaper advertising industry, please
contact Leslie Earp, CNA Marketing & Research Manager at learp@cnaads.com.
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