winning perspectives - nielsen€¦ · q2 2014. there was also an increase of two points as regards...
TRANSCRIPT
VIEW FROM THE TOP
IN THE INDUSTRYOverview of key economic indicators and emerging trends
DEEP DIVE THE MARKET
Insights to engage the consumer in the era of media fragmentationENGAGE THE CONSUMER
Consumer buying behavior and sales trends
STAY CONNECTEDFor comments and more details, contact the editorial team
Editorial by the MD of Nielsen Italy
WINNINGPERSPECTIVESSEPTEMBER 2015 — ITALY
Consumer and media insights to win the market challenges
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Giovanni Fantasia
Winning Perspectives is the new Nielsen report that reflects the evolution of the Watch & Buy
Report. New name, new structure, new digital and interactive format, but the same content — critical to the success of the Watch & Buy Report: insights into buying behavior, FMCG trends, media and the advertising market, always with an overview of the Italian economic situation, the most strategic market and sector trends and those of other countries. 2014 was the year that witnessed the slowdown of negative trends, but with no signs of recovery. It was in fact 2015 that started with signs of this long-awaited recovery, albeit with slow growth rates. Our country is emerging from recession and Italian families are recovering their purchasing power, thanks to a favorable economic climate fueled by the decisions of the ECB (European Central Bank), the fall in inflation and in the price of crude oil. The return of consumer confidence in particular encourages us to remain positive.
After the jump made during the first quarter (57, +11 points vs. the beginning of 2014), Italian consumer confidence was rejuvenated in the following three months. It is clear that there is some dynamism, which must still be transformed into a structured and organic driving force; however the confidence index is rising above 50 points, reaching a most encouraging result that Italy has been awaiting for four years. Advertising market trends also confirm these fundamental transitional trends in Italy. The reduced decline in investment, which has characterized this first part of the year, forecasts at long last a market share above zero at the end of 2015. By definition, advertising trends follow those of consumption. With a slight increase in food sales in supermarkets, we can see also an increase in terms of advertising in this sector. Expo 2015 has certainly played its part... In any case, food is picking up again in Italy and we would not expect anything else for the year in which the world has passed through here.
THE AIM NOW IS TO BE ABLE TO TRANSFORM
THIS POSITIVE VISION THAT IS GRADUALLY
SPREADING INTO ENDURING CONSUMER SPENDING
Where were we?
IN THE INDUSTRYOverview of key economic indicators and emerging trends
MAIN ECONOMIC INDICATORS
CONSUMER CONFIDENCE
GLOBAL SURVEY
NIELSEN INSIGHTS
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
For the first time in years, in the second quarter of the year the business confidence index exceeded the 100 points of 2010, reaching 104.7 in June. Confidence is up in sectors such as construction, market services, retail trade and manufacturing, and all with levels finally above 100.
PERCENTAGE CHANGE OF THE COUNTRY’S GDP
Source: IMF World Economic Outlook, July 2015
United States Brazil Europe
South Africa Turkey Russia India Australia China Japan
+2.5 -1.5 +1.8 +2.0 +3.0 -3.4 +7.5 +2.8 +6.8 +0.8
0
20
40
60
80
100
SECTOR TOTAL BUSINESS
Source: ISTAT — June 2015
104.7JUN ‘15JUN ‘14
95.3
Main economic indicators
+0.2%
+2.7%
+0.7%
In June 2015 there was a slight acceleration in inflation, up by 0.2% compared to the previous year. The main types of expenditure that contribute to general inflation are:
alcoholic beverages and tobacco (+3.0%), expenditure on education (+1.9%), hospitality and catering services (+1.6%).
The unemployment rate continues to increase (+2.7% on an annual basis) and reached 12.7% in June 2015. However, the number of economically inactive individuals is decreasing and there is therefore
greater participation in the labor market. This allows the employment rate to grow on a quarterly basis that, together with the increase in the number of jobs, augurs more favorable developments in the coming months.
ISTAT (Istituto Nazionale di Statistica — the Italian National Institute of Statistics) estimates that GDP will grow by 0.7% on an annual basis, the highest rise in the past four years. This variation is due to the increase in
domestic consumption and a higher added value from the service sector and the industrial one, in the strictest sense of the word. They negatively affect the agriculture and construction sectors.Source: ISTAT, June 2015 (2015 vs. 2014)
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
In the second quarter of 2015, the global confidence index lost one point compared to the first quarter, stabilizing at 96. Globally, the confidence index was stable in the last year, while it differed regionally and for individual nations.
Europe is the only region that grew in the quarter, reaching its highest level in the last five years (79): 21 of the 32 European countries were more optimistic than at the start of the year. Denmark, the UK and Switzerland are the most confident countries, where consumer confidence continued to grow in the quarter. Ukraine, Serbia, Greece and Italy are the worst. Germany lost three points in the second quarter, mainly because of concerns relating to terrorism, health, and an increase in prices. Ukraine experienced an increase in points, during the ceasefire in February, and greater monetary stability has contributed to a more favorable climate (but it still remains among the least confident).
Confidence in other regions is down: North America lost five points compared to the first quarter, although it is an optimistic area (101 points), Latin America (at 83, the lowest since 2009) and the Middle East/Africa (94) lost three and two points respectively, while Asia Pacific (107) remained stable in the quarter.
Consumer confidence around the world
India
131
Philippines
122
Indonesia
120
Denmark
112
Thailand
111
United Arab Emirates
108China
107
Saudi Arabia
105
Hong Kong
105
Vietnam
104
Pakistan
102
United States
101New Zealand
99
Singapore
99
United Kingdom
99
Canada
98
Switzerland
98
Germany
97Peru
95
Colombia
92
Israel
92
Netherlands
90
Australia
89
Malaysia
89Ireland
88
Norway
88
Czech Rep.
88
Sweden
88
Turkey
87
South Africa
87Austria
85
Egypt
85
Mexico
84
Taiwan
84
Chile
84
Lithuania
83Japan
83
Belgium
83
Estonia
82
Argentina
81
Brazil
81
Latvia
79Romania
78
Russia
78
Slovakia
75
Bulgaria
73
Spain
72
Poland
70Finland
68
France
66
Venezuela
62
Slovenia
61
Croatia
59
Portugal
57Hungary
55
ITALY
53
Greece
53
Serbia
52
Ukraine
48
South Korea
45
+1 +7 -1 +6 -3 -7
+1 -2 -1 -8 0 -6
-3 -1 +2 +2 +4 -3
-4 -1 +4 +1 -6 -5
-4 +3 +5 +1 +1 0
+3 -5 -2 -4 -3 -1
+1 +4 -1 +6 -7 -1
+4 +6 +2 +1 +5 -3
+3 +6 -3 +4 +1 -3
-2 -4 -12 0 +7 -1
CONSUMER CONFIDENCE INDEXTrend Q2 2105 vs. Q1 2015 — 60 countries — Average 96 | -1
Source: Nielsen, Consumer Confidence and Spending Intentions Global Survey, Q2 2015
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
INCLINED TO SAVE
Measures taken in order to save
Source: Nielsen, Consumer Confidence and Spending Intentions Global Survey, Q2 2015
Use remaining money
Have cut back on meals out of home
Spend less on clothing
Have reduced entertainment out of home
Buy cheaper food brands
Have cut back on vacations and short breaks
Savings
Clothing
Vacation/Travel
Entertainment out of home
New technological products
of Italians adopt measures to save money,
the figure was 74% a year ago
69%
The confidence index of Italians was at 53 points, losing four points following the optimism attained in the first quarter of 2015, when the country had reached 57 points.
Consumer confidence in Italy
Fewer people had to change spending habits to save money: 69% vs. 74% in Q2 2014, with a continuous decrease started in 2014, after the peaks of 2013 that exceeded 80%. The most common measures taken for reducing family expenditure include fewer meals out of home (64%), followed by cutting back on new clothing (61%) and entertainment out of home (60%), buying cheaper food brands (53%) and cutting back on vacations and short breaks (45%).
0
20
40
60
80
CONSUMER CONFIDENCE INDEX EU VS. ITALY
Source: Nielsen, Consumer Confidence and Spending Intentions Global Survey
Q3 - 2014 Q4 - 2014 Q1 - 2015 Q2 - 2015
98
45
57 5347
96 9697Europe
Italy
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Although Italians are still very critical of the economic recovery of the country, the beginning of 2015 recorded a slight increase in confidence with regard to the recession: the percentage of Italians who consider that the country is in recession fell by five percentage points compared to last year (90% vs. 95% in Q2 2014).
Furthermore, there is positivity concerning the future of the recession: 16% believe that the crisis will be over in the next 12 months, compared to other European countries such as Great Britain, France and Spain that are at 13, 10 and 9 points respectively. It would seem, then, that despite the various difficulties, the government is slowly generating positivity among the Italians. In terms of job prospects, 12% of the population is now confident, up by two points compared to Q2 2014. There was also an increase of two points as regards the Italians’ belief that the time is right to buy the goods that they need. 16% of Italians believe this. If this growth were to continue in the coming months, it would bode well for the recovery of consumption.
WHAT ITALIANS ARE THINKING Positive trend in Q2 2015 compared to Q2 2014
+2 +2 +2-5
Source: Nielsen, Consumer Confidence and Spending Intentions Global Survey, Q2 2015 vs. Q2 2014
Think that the time is right to make
purchases
Think that Italy is in recession
Believe that the recession
will end in 2016
Believe in the revival of the labor market
16%
90%
16% 12%
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Italians increasingly attentive to the health value of food
Nutrition is one of the most hotly debated topics of our era. We have focused on the eating habits of Italian consumers and the most significant finding is certainly that of a new approach to food, with ever greater attention to the health value of food and awareness that a healthy diet is the most appropriate means to prevent and manage physical dysfunctions such as high cholesterol, hypertension, diabetes and obesity.
The analysis suggests that 57% of Italians consider themselves overweight and 53% (46% in 2011) would like to lose weight: to lose weight, 75% intend to change their diet (83% in 2011), 73% to do physical exercises (54% in 2011). Of the most widespread changes in diet, fighting fat remains the top priority for 64% of Italians.
With regard to the distinctive features of food, we are able to identify three macro-areas in which consumers are most interested and for which sales have grown, bucking the trend of contraction relative to the recession.
Back to Basics
Lessis More
Moreis More
Italians mainly look for, among other things, 100% natural products (considered important by 45% of the population), no artificial colorings (indicated by 43%), GMO-free (42%), made with vegetable/fruit and without artificial flavors (36%), high in fiber (30%), organic and with natural flavorings (26%).To confirm this, organic foods recorded revenues of €866 million in 2014, a 14% increase compared to the previous year.
BACK TO BASICS
100% natural ingredients
No artificial colorings
GMO-free
Fruit/vegetable-based
Without artificial flavors
Organic
Natural flavors
45%43%
42%36%
36%26%26%
Source: Nielsen Global Survey on Health, Wellness and Nutrition, 2015
BASIC
BASIC LOW ADD
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
"Free-from" products often offer a health benefit: cholesterol free (important for 35% of respondents), fat free (29%), sodium free (28%), sugar free (27%), calorie free (22%). Italians are also concerned with portion control (21%) as well as carbohydrate-free (18%), low fructose (16%), caffeine-free (12%) and gluten free (11%) products.Different “free-from” and more easily digestible products have grown in the last year: low-fat chips and cheese (revenues of €25 million, +10%), lactose-free milk (€477 million, +15%) and gluten-free products (€101 million, +31%).
Having “more” of certain nutrients is important for health; particularly products that are high in fiber, whole-grain, enriched with calcium, proteins and vitamins are in demand.An increase in sales of dietary supplements has been measured, which have generated revenues of €232 million (+3%) in 2014, and whole-grain foods (sales of €235 million, +11%).
MORE IS MORE
30%22%
19%18%18%
16%15%
11%
High in fiber
Wholewheat
Enriched with calcium
High in protein
Enriched with vitamins
Enriched with minerals
High in unsaturated fats
Enriched with micronutrients
Source: Nielsen Global Survey on Health, Wellness and Nutrition, 2015
LESS IS MORE
35%29%28%
27%22%21%
18%16%
12%11%
Low in cholesterol/cholesterol free
Low in/without fat
Low in/without sodium
Low in/without sugar
Low in calories/calorie free
Portion control
Low in carbohydrate/without carbohydrate
Low fructose
Ca�eine free
Gluten free
Source: Nielsen Global Survey on Health, Wellness and Nutrition, 2015
LOW ADD
Food as a source of well-being is a growing trend, offering advantages not only for consumers but also manufacturers and supermarkets, which should be aware of the change in consumer mindset in order to implement policies for the development of new products, increasingly natural and decreasingly processed.
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Nielsen Insights
59% OF PROMOTIONAL SALES CREATE VALUE IN ITALY, BUT POINT OF SALE LOYALTY IS THE LOWEST IN EUROPE More than $500 billion is spent on trade promotion worldwide, an investment equal to 20% of revenues.
MULTICHANNEL ITALIANSAccording to the Osservatorio Multicanalità, in 2015, 60% of individuals over the age of 14 are multichannel consumers and are identified as smartshoppers.
ITALIANS ARE AMONG THE MOST INCLINED TO INNOVATION IN EUROPEInnovation is important. Innovation provides business growth, profitability and enables success even in challenging times of economic recession.
HE WHO FINDS A MILLENNIAL, FINDS A TREASUREMore than 11 million Italians belong to the Millennial generation: demanding, technologically advanced, informed and with good buying power.
WAR OF SCREENS IN ITALY: THE STRUGGLE TO MAKE ONESELF “SEEN” IN THE DIGITAL WORLDWe live in a digital age and we want to enjoy content on demand. This is confirmed by 72% of the Italians who love the freedom of being connected anytime, anywhere.
E-COMMERCE IN FMCG60% of Italians browse online before buying in-store, 46% read reviews online and 25% use smartphones in store to look for discounts and sales promotions.
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
DEEP DIVE THE MARKETConsumer buying behavior
and sales trends
CONSUMPTION TRENDS
SEGMENT TRENDS
SHOPPING CART
CHANGES
TRENDS BY SECTOR AND BY CHANNEL
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
Consumption trends
In the second quarter of 2015, average spending per family for FMCG was approximately €1165, down by 1.6% compared to the same period
the year before.
CONSUMER KPI
Purchase frequency was below 50 purchases in the quarter with a decrease of two purchases compared to the corresponding
quarter of 2014.
The increase in the average receipt (±3.1%) does not compensate for the drop in frequency of purchase.
Source: Nielsen, Consumer Panel
For the fifth consecutive quarter, FMCG sector volumes in Europe have posted a positive result. In particular, in the second quarter of 2015 growth in volumes is +0.7%. This, together with dynamic positive prices (+1.7%), has increased FMCG revenues with an overall growth of +2.4%. Of 21 countries, only 11 have posted negative revenues. Most notable is the UK’s negative result due to a decline in prices, which may, however, serve as a prelude to an increase in volumes in the third quarter of 2015. France’s performance is good, and this is also a significant result for Europe’s recovery as a whole.
FMCG SALES IN EUROPE
Value Prices Volumes
0.4% 0.6%
-0.2%
EUROPE
ITALY
SALES TRENDS IN EUROPE
2.4% 1.7% 0.7%
Source: Nielsen, Growth Reporter, Q2 2015
Change Q2 2015 vs. Q1 2015
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
Basket trendsAt the end of the first half of 2015, the negative trend concerning the “recession” baskets was confirmed, having been observed gradually from the beginning of the year: Home Cooking and Basics (especially Breakfast), have now ceased to grow, leaving space in Italian shopping carts for Ready-to-Eat and Fast and Easy products. The Ready-to-Eat segment reveals a slowdown in the purchase of indulgent products, on the increase during the golden era of Home Cooking and Basics, a sign that the sacrifices made in the entire shopping cart were compensated by purchasing more from the impulse/indulgent category. Today, however, there are positive signs in the categories that have the biggest impact on receipts, such as the products with service content (e.g. packaged sliced meats, gourmet ready meals and frozen ready meals) of the Ready-to-Eat and Quick and Easy segments. The only group that follows the same past trend is Health and Wellness, a set of products that, mainly thanks to Health Benefits, also grew to double figures in June. The world of Health Benefits is growing thanks to the contribution of Gluten-free products: soy milk, rice milk, pasta and cookies are the categories guiding its growth.
Source: Nielsen, Trade*Mis
BASKET TRENDS IN JUNEDistribuzione Moderna
% Change year ending in June 2015 compared to the previous year concerning quantities (sales at constant prices) and values0
HOME COOKING
BASICS READY-TO-EAT QUICK AND EASY
TRENDY CONSUMPTION
HEALTH AND WELLNESS
-0.3% VOL-2.3% VAL
-0.7% VOL-0.6% VAL
+1.0% VOL+2.3% VAL
+3.7% VOL+3.2% VAL
Basic Dishes (First Courses)
+3.1% VOL+3.9% VAL
First Course Ready Meals
-1.9% VOL-2.6% VAL
Breakfast
+18.7% VOL+15.9% VAL
Main Course Ready Meals
-0.7% VOL+1.0% VAL
+10.1% VOL+10.1% VAL
Happy Hour at Home
+13.9% VOL+8.8% VAL
Gourmet
+7.0% VOL+7.3% VAL
Wellness
+30.6% VOL+28.1% VAL
Health Benefits
-0.9% VOL-0.7% VAL
Snacks/Indulgences
+2.6% VOL+2.7% VAL
+2.6% VOL+2.7% VAL
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
VALUE INDEX COMPARED TO JANUARY 2013 ROLLING PERIOD
Year ending in January 2013 = 100, Distribuzione Moderna
FIRST COURSE READY MEALS
SNACKS INDULGENCES
HAPPY HOUR AT HOME
HEALTH BENEFITSWELLNESS
BREAKFAST
BASIC DISHES — FIRST COURSES MAIN COURSE READY MEALS
GOURMET
101.8Jun 2015
98.6128.3
98.6 95.7 105.7
116.8 112.5 162.4
Jun 2015
Jun 2015 Jun 2015
Jun 2015
Jun 2015
Jun 2015 Jun 2015 Jun 2015
Source: Nielsen, Trade*Mis
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
Shopping cart changes
Inflation for Q2 2015 is increasing compared to Q1, while downgrading of the shopping cart (change in mix) confirms attempted recovery and remains at the levels of the first quarter of 2015.
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
2011 2012 2013 2014 Q1 2015
Q2 2015
SHOPPING CART CHANGES
Source: Nielsen, Top4Top
3.5%
2.5%
1.7%
0.4%
3.4%
2.2%
1.3%0.9%
1.3%
0.4% 0.3%
0.8%
-1.0%
-1.8%
-1.8%
-0.9%
-0.6%
-0.5%
Change in Mix
InflationChange in Prices
SALES PROMOTIONS
FMCG ADVERTISING
Intensity index %
Data in € million
HYPERMARKET+SUPERMARKET+SELF-SERVICE
30% 29.3%
Q2 2014 Q2 2015
839 8621H 2014 1H 2015
Source: Nielsen, Trade*Mis
Source: Nielsen, BD Adex
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
The second quarter of 2015 records an on-going, slightly positive trend in Italy Total, mainly driven by Discount. Hypermarkets, Supermarkets and Self-Service highlight the challenges, in particular concerning Household and Health and Beauty Care (Drug).
Trends by sector and by channel
-2
0
2
4
6
Grocery Food & Bev Drug
+0.4%
-0.2%
+6.0%
+0.5%+0.2%
+6.5%
+0.1%
-2.0%
+3.2%
+10.5%
Total Italy Hypermarket + Supermarket + Self-service
Discount Drug Specialists
Source: Nielsen, Trade*Mis
TREND % VS. VALUEQ2 2015 vs. Q2 2014
Hypermarket + Supermarket + Self-service
PRIVATE LABEL TRENDSQ2 2015 vs. Q2 2014
Private Label Share Value %Hypermarket + Supermarket + Self-servicePrivate Label Intensity Index %
Q2 2014
18.2%Q2 2015
18.4%Q2 2014
22.4%Q2 2015
21.9%
A slight increase in the share of Private Labels, while promotional pressure decreases (promotional trend in line with Grocery Total).
Discount share exceeds the 12%
threshold
%change Jan–Jun 2015 vs. Jan–Jun 2014
+0.5%
€65.9 mFood Distribution
Investments
%change Jan–Jun 2015 vs. Jan–Jun 2014
+7.5%
Flyer Presence Share Stable
Leading Brands
Source: Nielsen, Folder@Net, Share of 100% ongoing flyers
13.6%Private
Labels 8.8%
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
ENGAGE THE CONSUMERInsights to engage the consumer in the era of media fragmentation
MEDIA USAGE SOCIAL TV ADVERTISING
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
Usage of the main media
-20 -15 -10 -5 0 5 10 15 20 25
AUDIENCE AND TIME% Change Jun 2015 — daily average
TV
Internet via PC
Mobile
Sources: Nielsen Auditel, Nielsen Audiweb, Nielsen Mobile Media, Nielsen BD Adex.
Audience Time
-2.3%
-19.3%
+14.7%
+26.7%
-4.7%
-5.2%
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Despite the strong drive of the Internet, there are still 43 million Italians who watched television in June. As a daily average, around 3 hours 45 minutes were spent watching TV, with an average minute rating of 9 million Italians, slightly down from the June 2014 statistic. The monthly decline, probably also due to changes in weather, is strongly mitigated if the first half of the year is taken into consideration, with an average audience up by 0.7%, while the time spent in front of the TV fell only by 1.8%.
The deployment of the Internet in Italy continues to grow, with 41 million people stating that they have Internet access, i.e. 85.5% of the population aged 11–74 years, up by 1.9% compared to June 2014. The driving force behind this growth is the smartphone, with no less than 30 million Italians who say they use it as a tool to access online content, 19.5% more than last year. On average, nearly 22 million Italians browse the Internet each day, up by 5.9%. More than 60% of 18–34 year olds do this, as well as more than half of 35–54 year olds.
The computer continues to lose its role as a device for online access, with a significant decrease in daily audience (-5.2%) and especially the time spent using it (-19.3%). In addition, now only 30% of the total time Italians spend online is via a PC.
Driving the growth are mobile devices, such as smartphones and tablets, which compared to last year recorded double-digit growth both in terms of audience (+14.7%) and time spent daily using them (+26.7%). Daily averages of mobile access exceed that of PC by 40% and almost 40 minutes more are spent on the Internet browsing from a smartphone or tablet. Finally, it is interesting to note that 85.5% of this time is via app use.
TV INTERNET PC MOBILE
Smartphones and tablets are increasingly present in the life of Italians
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
Social TV
The second quarter ended with 12 million Tweets on TV. 2.2 million less than in Q1. 2.2 million is exactly the number of Tweets posted about Sanremo. Excluding Sanremo, the trend is consistent with the previous quarter. Talent/reality is a particularly significant genre. Interesting numbers for talk-shows, particularly political ones. Sport, despite occupying only 5% of TV schedules, has generated 25% of Twitter TV activity.
THE METRICS OF SOCIAL TVSocial activity follows the TV program schedule
Unique Author Cumulative TweetNet (Millions)
Unique Audience Cumulative ImpressionMedia Quot. (Millions)
J F M A M J J F M A M J
J F M A M J
293,000
382,200334,000
302,000353,000
275,300
J F M A M J
3.4
6.4
4.33.6
4.9
3.4
283,000332,100
299,000284,000313,000
233,000
193
433
223 188249
126
Source: Nielsen Twitter TV Ratings, January–June 2015
DATA FOR BROADCASTERSCanale 5 is the network that has collected the most Tweets and Impressions, with the successes of Amici (also strong in the afternoon session broadcast in Real Time), Isola dei Famosi and the Champions League. Of the Free-to-Air services are Raiuno, thanks to the Festival of Sanremo, then Raidue, driven by the results of The Voice. The large following of political talk and in-depth programs on Twitter, has rewarded La7 and Raitre. On pay-TV platforms, there are large numbers for talent shows, particularly with Masterchef and Italy's Got Talent on Sky Uno, good results for the TV series broadcast by Sky Atlantic and Fox Life. On pay-TV platforms there are also channels emerging that broadcast national and international soccer (Sky Sport e Calcio, Mediaset Premium and Fox Sports), followed by dedicated channels for motor sports (in particular Sky F1 and Sky Moto GP) and other sports such as tennis and cycling (Sky Sport and Eurosport again).
SOCIAL TV AND BRAND
In the second quarter, the overlap measured by Nielsen Social between Twitter TV Authors, and Brand Authors was 58%. 230,000 users posted at least one Tweet about a TV program and at least one Tweet about one of the 500 brands in this survey. Telecommunications, Food and Beverages are the industries that record the largest number of authors common to both brand and TV programs.
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
The advertising market
In the first half of 2015, overall advertising income on the web in Italy exceeded a billion, more precisely €1.06 billion, covering 26%
of total investment, recording an increase of nearly 2 p.p. compared to the same period in 2014.
In the first half of 2015, advertising trends, including the estimate of web revenues not currently monitored (primarily search and social), was down by 0.2% compared to the same period in
2014. TV, which was most affected by the absence of world football championships, ended the cumulative period of January–June down by 3.0%.
Good signals from Out of Home. This was up by 8.2% thanks to the campaigns
dedicated to Expo 2015.
ADV. SHARE BY MEDIUM
47TV
26INTERNET
15PRINT
5RADIO
7OTHER
Source: Nielsen, estimated net advertising investments.
(Direct mail, Cinema, and Out-of-Home
are included under “Other”)
% CHANGE ADV. BY MEDIUMJan–Jun 2015 vs. 2014
Source: Nielsen – AdEx estimate of the advertising market in the first half of the year of 2014 vs. 2015 — inclusive of all types of Internet advertising, comprising the Nielsen estimate of the Total Digital medium
TV
TOT. MARKET
INTERNET
RADIO
OUT OF HOME
CINEMA
DIRECT MAIL0
-0.2%
-3.0%
8.0%
-6.3%
7.5%
8.2%
-0.2%
-4.2%
-0.2 +8.2
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
HOME IN THE INDUSTRYVIEW FROM THE TOPVIEW FROM THE TOP DEEP DIVE THE MARKET ENGAGE THE CONSUMER STAY CONNECTED
WINNING PERSPECTIVES - ITALY | Copyright © 2015 The Nielsen Company. All rights reserved
GIOVANNI FANTASIAManaging Director Italy & Greece
RAFFAELLA BOGLIARDIInnovation Practice Manager
STEFANO RUSSOSenior Business [email protected]
SANDY SUARDIBusiness Consultant
MARZIA ZOPPIRetailer Services Associate Manager
BARBARA SALVAGNOClient Service Executive
MICHELA MAIELLOClient Service Executive
OMBRETTA CAPODAGLIOMarketing & Communication Manager
For comments and details please contact the authors of this edition of Winning Perspectives
Nielsen Insights
Twitter @NielsenItaly
The Nielsen Company (Italy) S.r.l.Centro Direzionale Milanofiori, Strada 6, Palazzo A12 - Assago (MI), Italy Tel. +39 02 32118 001 Fax. +39 02 32118 011
www.nielsen.com