What’s being advertised globally? Personal care items and automobiles took the top two spots followed by food, drugs and entertainment. When it comes to drugs and entertainment products, more than half of all ad dollars are being spent in the US as compared to the other categories that are only 20 – 30% US heavy.
When it comes to trends in advertising, expecting the rest of the world to respond as American’s do would be a mistake. AdAge says that newspapers on on the rise in Asia, Africa and Latin America which is totally contrary to newspaper sales here and in Europe. And while mobile is big everywhere, it’s key in countries such as China, Brazil and India where phone service is cheaper than internet service. This same trend will drive users toward ebooks and tablets. Cyber cafes continue to flourish in countries such as South Korea and Brazil – perfect places to sell gaming pre-paid cards and social media driven products.
Where we are alike is in TV consumption. Everyone is watching TV, even poor households have to have one these days. The average person the world over is watching more than three hours of TV a day and much of that is sports, reality competition shows like American Idol and soaps (which are much bigger in Latin America than they are now in the US.)
To learn more about trends in global advertising, check out AdAge’s “10 Trends That Are Shaping Global Media Consumption” or purchase the full white paper, Global Media Habits 2010, by Greg Lindsay, at AdAge.com.