The research subject of this study is relevant to the effects of PP channel brand images among cable TV broadcasting on TV advertising effect. The number of subscriber in cable TV broadcasting service is almost 15.2 millions in end of 2008. The subscr...
The research subject of this study is relevant to the effects of PP channel brand images among cable TV broadcasting on TV advertising effect. The number of subscriber in cable TV broadcasting service is almost 15.2 millions in end of 2008. The subscribing rate of TV broadcasting service reaches 82.1% of overall households. The program rating and advertising costs drastically changed. As a result, the program rating between cable TV and terrestrial TV broadcasting reached 6:4, and the overall advertising cost amount of PP occupies approximately 39% of the overall advertising cost for terrestrial TV broadcasting. In deteriorated broadcasting managing environment, the profit by advertising is a essential, because it is most part of overall profit.
This study focuses on the cable TV channel brand image and measures the effect of channel brand image on TV advertising effect. There are many researches on the channel brand image, brand equity and brand management and their relationships, but there is few researches on how to affect the advertising effect.
In this study, the relationship between channel brand image and advertising effects of cable TV was investigated for 9 cable TV channels in 3 genres whose reputations and images are relatively higher than any other channels. The channels are YTN, Korea Economic, Q channel in news/current event genre, KBS drama, OCN, Onstyle in drama/movie/life genre, and MBC ESPN, Mnet, tvN in sport/amusement/entertainment genre. The questionnaire survey was performed for 682 TV audiences.
The questionnaire data was analyzed in 5% significant level with SPSS 12.0 and AMOS 7.0 statistical program, the main results were drawn as follows. To verify suitability and reliance of the measuring tools, survey questionnaire, exploratory factor analysis(EFA) and confirmatory factor analysis(CFA) were performed and Cronbach’s α coefficients were evaluated. Structural equation model analysis was carried out to verify the research hypothesis.
On the basis of survey questionnaire analysis, the main results were drawn as follows.
First, as a result of effects for cable TV channel brand image on TV channel loyalty, all channel brand image factors such as favorability, uniqueness, initiativeness and reliability affect the channel loyalty positively with statistically significance.
Second, as a result of effects for cable TV channel brand image on TV advertising effect, uniqueness and initiativeness affect advertising effect positively with statistically significance, while channel brand image factors such as favorability and reliability does not affect advertising effect significantly.
Third, as a result of effects for cable TV channel loyalty on TV advertising effect, channel loyalty affects the advertising effect positively with statistically significance.
Fourth, as a result of mediation effects of TV channel loyalty for the effects of cable TV channel brand image on TV advertising effect, uniqueness and initiativeness directly affect advertising effect positively with statistically significance and affect TV advertising effect by mediation of TV channel loyalty, while channel brand image factors such as favorability and reliability does not directly affect advertising effect significantly. This means that both favorability and reliability among TV channel images affect TV advertising effect only by mediation of TV channel loyalty, but both uniqueness and initiativeness among TV channel images affect TV advertising effect directly as well as by mediation of TV channel loyalty.
Additionally, the channel brand images on TV advertising effect were separately investigated by classifying into the channel genre, the audience's sex, and the audience's ages. The results show that the channel brand images may affect the advertising effect directly or indirectly by mediation of customer's loyalty with a variation of channel genre. For the audience's sex and the audience's ages, the results were same. These results indicate that the TV channel brand images should be managed with a flexibility according to the channel genre, the audience's sex, and the audience's ages.
Cable TV broadcasting has a strong tendency to recognize TV channel as a brand unlikely terrestrial TV broadcasting. The terrestrial TV broadcasting presents lots of TV programs in various genres, therefore the necessity of channel brand in the terrestrial TV broadcasting marketing is weaker than cable TV broadcasting.
Accordingly, it is time to reinforce the status of the TV channel, as real digital multi-channel age is coming with introduction of IP-TV. Cable TV channel should have a own vision and strategy on channel brand management. Cable TV PP should perform R&D to not only program contents but also visual identity such as name, logo, symbol, public relation method organizing the channel images more actively.