$7 Million for 30 Seconds? To Advertisers, the Super Bowl Is Worth It.

A cat meowing for Hellmann’s mayonnaise, Peyton Manning chucking Bud Gentle beers to patrons in a bar and Kris Jenner stacking Oreo cookies. All of them have one factor in frequent: These firms paid seven figures to get their merchandise in entrance of viewers throughout this yr’s Tremendous Bowl.

For the second consecutive yr, the typical value of a 30-second advert spot throughout the Tremendous Bowl was $7 million. Whilst many companies are being extra disciplined with the cash they’ve for advertising and marketing, and with spending on promoting slowing lately, the price of a Tremendous Bowl advert continues to go up.

The reason being easy: There isn’t a alternative assured to achieve extra folks than the Tremendous Bowl, and the slice of each different pie retains shrinking.

“It’s a throwback by way of reaching everybody all of sudden,” stated Charles Taylor, a professor of selling on the Villanova College of Enterprise.

In an more and more fragmented media panorama, the variety of alternatives for firms to achieve a mass viewers by means of promoting on community tv has dwindled. Well-liked exhibits have more and more moved to streaming platforms, together with audiences. Increasingly more, networks discover themselves counting on dwell occasions, like award exhibits and sports activities, to attract viewers.

“Dwell occasions are nonetheless large for advertisers, and people are those that draw the very best consideration,” stated Frank Maguire, a vice chairman at Sharethrough, an promoting integration platform.

Not all dwell occasions are created equal, although. A record-low viewers watched the Emmy Awards in January. Leagues just like the Nationwide Basketball Affiliation and the Nationwide Hockey League have struggled to retain and improve viewership, and scores for the N.C.A.A. males’s basketball closing have fallen lately.

However the Nationwide Soccer League has continued its sturdy upward march, each by way of viewership and media offers. In 2021, tv networks dedicated $110 billion for the rights to broadcast the league for a decade, and the N.F.L. has continued to set file viewership numbers. Greater than 115 million folks watched final yr’s championship recreation.

The Tremendous Bowl stands alone as a mass-marketing alternative on tv. A decade in the past, the typical value of a 30-second spot was $4 million; a decade earlier than that, it was $2.4 million. Analysts say the rise is a results of provide and demand: With a hard and fast period of time and promoting spots for every Tremendous Bowl broadcast, the competitors is fierce. CBS, which can broadcast Sunday’s recreation, offered out its advert spots in a matter of weeks in November. Paramount, which owns CBS, will reportedly run practically a dozen spots to advertise its movies.

“On this period of fragmentation, the Tremendous Bowl is what tv was,” stated Brad Adgate, a veteran media analyst.

For a few years, Tremendous Bowl adverts have been saved carefully guarded till the day of the sport. Now, firms make use of advertising and marketing campaigns that usually begin in mid-January.

“It’s about constructing a long-running narrative,” stated Kofi Amoo-Gottfried, the chief advertising and marketing officer at DoorDash, whose Tremendous Bowl advert this yr is pushing a promotional deal.

Many viewers now activate the Tremendous Bowl broadcast with an thought of what to anticipate for the adverts. A January preview of a Pringles advert, as an example, featured the mustache of an unknown man, prompting many followers to guess it belonged to the Kansas Metropolis Chiefs star Travis Kelce. (Actually, it belonged to the actor Chris Pratt.)

“You’re not simply paying for that 30-second spot; it’s a four- to six-week buzz that you just’re creating,” stated Mary Scott, a professor of strategic communications at Montclair State College and a former president at United Leisure Group, a sports activities and leisure advertising and marketing company.

The rise in feminine viewership for N.F.L. video games this season, made much more outstanding by Taylor Swift’s relationship with Mr. Kelce, is one other potential advertising and marketing alternative for firms.

The information that Kansas Metropolis made the Tremendous Bowl was welcomed by health-and-beauty firms, which disproportionately goal younger ladies. That demographic has tuned into extra soccer video games this season, thanks largely to Ms. Swift’s appearances at Kansas Metropolis video games.

NYX Make-up, a subsidiary of L’Oreal, has purchased its first Tremendous Bowl advert spot, whereas Dove is returning with an advert spot for the primary time since 2015. E.L.F. cosmetics is promoting for the second straight yr.

Kory Marchisotto, E.L.F.’s chief advertising and marketing officer, acknowledged that Kansas Metropolis’s taking part in within the Tremendous Bowl was good for enterprise. Ms. Marchisotto stated her firm saved completely different variations of adverts within the days main as much as the sport, a departure from how Tremendous Bowl adverts was ready. Corporations need to keep as nimble as doable, staying aware of the particular pursuits of the viewers watching the sport.

“It was method simpler whenever you would create a spot, spend a yr on it, put it in market, and sit again and let it fly,” she stated.

On the identical time, firms are investing extra closely into ensuring they’re getting essentially the most for his or her $7 million. Extra adverts this yr are anticipated to characteristic interactive elements like QR codes, which assist firms observe engagement with their manufacturers in actual time.

The know-how debuted on the Tremendous Bowl in 2022 with a floating code for Coinbase, a cryptocurrency firm. The idea was utilized in extra adverts in final yr’s Tremendous Bowl — together with one for avocados from Mexico and one for a public service announcement from a spiritual group. The technique additionally featured prominently throughout the N.F.L.’s first Black Friday broadcast in November.

Collectively, the Tremendous Bowl’s adverts are an annual snapshot of the financial and social second within the nation, stated Ethan Heftman, a vice chairman of company gross sales at Ampersand, an advert consortium owned by Comcast, Constitution and Cox.

“So long as you have got new industries — auto, mobile, tech firms,” Mr. Heftman stated, “there’ll all the time be manufacturers searching for that broad consciousness.”