Insight of the Day: Viewer Intent for NBA Finals Ticks Up as Betting Plans Jump
- InsightTrendsWorld
- Jun 6, 2024
- 2 min read
Findings:
Mild Interest: 28% of U.S. adults express interest in watching the NBA Finals, a slight increase from last year, while 52% are not interested.
Viewing Preferences: Traditional cable TV is the most popular viewing method, followed by streaming and antenna TV. Millennials prefer antennas or streaming.
Betting Surge: Intent to bet on the NBA Finals has risen significantly compared to 2023, reaching 19% of U.S. adults.
Food Delivery Boost: Over a third of NBA viewers are more likely to order food delivery during the Finals, with burgers and chicken sandwiches preferred over pizza.
Key Takeaway:
While viewer interest in the NBA Finals has seen a slight increase, the majority remain uninterested. However, there's a notable rise in betting intent and food delivery orders during the games, presenting opportunities for businesses in these areas.
Trend:
The growing interest in sports betting and food delivery during major sporting events like the NBA Finals reflects a broader trend in consumer behavior. This trend indicates a shift towards integrated experiences where viewers engage with sports not just as spectators but also as participants through betting and enjoy the convenience of food delivery while watching games.
Conclusions:
The NBA Finals need to continue exploring ways to attract a wider audience beyond the core fan base.
Sports betting and food delivery industries can capitalize on the increased interest during the Finals to drive engagement and sales.
Over-the-air viewers are a significant segment that warrants more attention and targeted marketing efforts.
Implications for Brands:
Sports Betting Platforms: Focus on marketing campaigns and promotions during the NBA Finals to attract new users and encourage betting activity.
Food Delivery Services: Offer special deals and targeted advertising towards NBA fans, highlighting their preferred food choices like burgers and chicken sandwiches.
Broadcasters and Advertisers: Tailor content and advertising to cater to the diverse viewing preferences of different demographics, including the growing over-the-air audience.
NBA: Explore partnerships and collaborations with food delivery and betting platforms to create engaging and interactive experiences for fans, potentially boosting viewership and overall interest in the league.
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