The ‘young people’ video on demand myth
The enduring myth that video on demand is a panacea to reach young people is based on flawed logic, argues PwC’s Ben Shepherd.
There is a common and incorrect assertion around video consumption that has become widely accepted, despite being minimally scrutinised.
That theory is that young people “don’t watch TV” and instead are consuming video on apps, mobiles and online in ravenous amounts. There is also the secondary incorrect assertion that some programming is watched by people over 35 on TV, but by those under 35 on on demand platforms.
I struggle with this logic as I don’t buy the idea a piece of programming has a different appeal to a different demographic based on the device they view it on. The concern in this myth becoming accepted without challenge is its impact on how media investment is moving.
The main thing is, if you’re making good content and it’s easily accessible, the eyeballs will follow. The TV networks either lack quality content or make it eye-wateringly difficult to access, or both.
Interested in the sample size of Nielsen answers. The numbers we get for VOD vary from under 10% of the population to over 80%.
Nine, Seven, Ten & SBS all claim between 3 – 7M accounts on their own while all these surveys (generally around 1K) always return varying results (as you would expect when you try to amplify 1K people over 25M or 0.00004% of the total population) & almost definitely are affected by the way the question is asked. Publishers reporting on “minutes streamed” are not always helpful either.
This is digital, publishers should have available data on exactly how much is being consumed. When can we just get the actual audited numbers to help people make actual decisions.
There is a difference between a theory and something ill informed / lazy people say. Anyone saying ‘young people don’t watch television’ as a blanket statement is doing the latter. However I’m beginning to wonder how many are actually saying this vs. how many commentators are keeping that thought going in order to write think pieces.
How much VOD do Ben’s mates at Thinkerbell book?
Nice read Ben. I think to take it one step further, it’s important to look at reach of an audience in the context of minutes streamed by that media/device. And then if we want to look at it with a commercial lens, then we need to consider commercial minutes as well to get the full picture of viewership.
Agree with Alex, I don’t know where the assumption that there’s an assumption that young people don’t watch TV is coming from. It’s certainly not from people I know at the coalface.
I don’t think the fact that over 35s access Facebook more than their offspring would come as a shock to anyone who’s abandoned the platform since their parents began using it to track them.