Advertisers will be paying 120,000 yuan for a second of advertising during the South Africa World Cup. Additional ad space will be sold during "extra time," and the "penalty shootout," said He Haiming, the deputy director of the CCTV advertising department.
CCTV will be the exclusive broadcaster of the 2010 World Cup on the Chinese mainland. So it comes as no surprise that a number of companies have placed bids on this highly-coveted ad space.
A wide variety of companies have shown interest in advertising during the World Cup, aside from just beer companies and sporting goods retailers. According to the meeting, sponsors of the 2010 World Cup come from diverse industries like telecommunications, apparel, automotive, home appliances, financial services, energy and so on.
According to He Haiming, CCTV"s ad time of 2010 World Cup will be sold in three parts. The ad resource sold on Tuesday was the second part. The first was sold in last November and the third will be sold in mid April.
At present, Castrol, as the official sponsor of 2010 South Africa World Cup, has signed to be the exclusive special sponsor for the 2010 World Cup"s live events. The exclusive title of "Shooterboard" is obtained by Sichuan Langjiu Group.
Sponsors of the 2010 World Cup, such as Adidas, Coca-Cola, Budweiser and Sony as well as some Chinese companies including Tsingtao Brewery, China Resources Snow Breweries, Nike and China Mobile, have also bought ad space.
He Haiming said it is impossible to accurately predict the overall advertising revenue that will be earned this year during the World Cup. According to calculations, during the 1998 France World Cup, CCTV earned less than 1 million yuan and during the 2002 World Cup, it had advertising revenue of 4.5 million yuan.
The length of ads will be much shorter compared with the 2002 World Cup, He Haiming said. He indicated that CCTV would control the length of ad time strictly during the live competitions.
However, He added, the "extra time," "penalty shootout" will also be sold as "Advertising Resources." The base price of extra time turns out to be 550,000 yuan every 5 seconds; 800,000 yuan for 10 seconds and 1 million yuan for 15 seconds. The base price of the penalty shootout turns to be 1.8 million yuan every match, which means 120,000 yuan per second.
By People\’s Daily Online
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