This year, consumers plan to purchase 3.9 million televisions for Super Bowl
Sunday, up more than 50 percent from 2.5 million
last year. In addition, viewers plan to purchase 1.8 million pieces of
furniture, up from 1.3 million last year. Young adults 18-24 will be
outspending other consumers as one in ten (9.8%) of these viewers plans to
purchase a television and one in twenty (4.9%) will buy new furniture.
The survey found that 158 million people will watch the Super Bowl this
year. Consumers plan on spending an average of $59.90 on Super Bowl-related
merchandise, up from last year’s $56.04. Total spending for the February 5
Super Bowl is expected to reach $9.5 billion.
“Smart shoppers hold off on major purchases like televisions and
entertainment centers until retailers are offering special discounts and
promotions,” said RAMA Executive Director Mike Gatti. “After a lackluster
holiday season, retailers will be courting consumers with their very best
deals on electronics, furniture, and even food in anticipation of the Super
Bowl.”
According to the survey, 70.0 percent of consumers plan to watch the Super
Bowl, relatively unchanged from the 69.7 percent who watched it last year.
Of those that will be watching the game, 67.4 percent will be purchasing
food and beverages and 6.0 percent will buy team apparel and accessories.
“Though this year’s teams are both from the Northeast, people across the
country will be watching the Super Bowl for entertainment,” said Phil Rist,
Vice President of Strategy for BIGresearch. ”For many Americans, there is
nothing better than watching football with friends and family—especially if
they’re also showing off a new TV.”
Retailers catering to young adults should be encouraged by survey findings
that 18-24 year-olds are twice as likely as other groups to say that Super
Bowl advertisements encourage them to buy products from the advertisers
(12.6% vs. 6.1% average).
The Retail Advertising and Marketing Association's 2008
Super Bowl
Consumer Intentions and Actions Survey was designed to gauge consumer
behavior and shopping trends related to the Super Bowl. The survey was
conducted for RAMA by BIGresearch. The poll of 8,447 consumers was conducted
from January 2-8, 2008 and has a margin of error of plus or minus 1.0
percent.
BIGresearch is a consumer market intelligence firm that provides unique
consumer insights that are gathered online utilizing very large sample
sizes. BIGresearch’s syndicated Consumer Intentions and Actions survey
monitors the pulse of more than 7,000 consumers each month to empower its
clients with unique insights for identifying opportunities in a fragmented
and changing marketplace.
The Retail Advertising & Marketing Association, a division of the National
Retail Federation, is a trade association of over 1500 retail marketing and
advertising executives, plus their supporting partners from the advertising
agency, media and service-provider areas. RAMA sponsors the annual Retail
Advertising Conference, the largest single gathering of retail marketing and
advertising professionals in the industry today. RAMA also produces the
RACie Awards, the most prestigious creative contest in retail.
www.rama-nrf.org