Wednesday, August 19, 2020

Personal healthcare and medical insurance ad volumes up amidst pandemic

 

Brands feel it is a good time to advertise anything and everything connected to well-being.


The number of advertisements by personal healthcare and insurance companies has seen a surge in the last few weeks on the backdrop of pandemic. As people are getting more cautions and looking at preventive measures, brands in these spaces feel it is a good time to advertise anything and everything connected to well-being.

According to TAM Media, an audience measurement analysis firm, from April 1 to August 14, 2020, personal healthcare sector segment advertisement volume grew by five per cent. Out of the total advertising during April-July, 70 per cent of the advertisement volumes were during June-July alone.

The data recorded from week 2-4 (January 11-31 (Pre-Covid period)) shows insurance companies ad volumes in seconds (average) was 2,24,535 seconds, which dropped to 60,260 seconds during week 11-22 (March 14 -June 5 (Covid period)), but increased to 1,99,973 seconds in week 28-31 (July 11 - August 7).

The personal care/personal hygiene sector grew by 22 per cent in the last 4 weeks as compared to pre-Covid period. The sector saw a growth of 62% in the last 4 weeks as compared to Covid period. The personal healthcare sector grew by 26% in the last 4 weeks as compared to pre-Covid period. The sector grew by a mammoth 159% in the last 4 weeks as compared to Covid period, shows BARC data.

Vinita Shah, senior vice president - Corp. comm & Analytics, TAM Media Research said,” Ad volumes on television have started stabilising from the Month of June. At a FCT (free commercial time) level only there is a sign of revival for the medium from the impact of Covid-19. Personal healthcare sector specifically for Covid categories like immunity building products (chywanprash, vitamins supplement, etc), antiseptic liquids also got a boost as a prevention against the Covid-19 pandemic".

 

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