Our bi-annual Gen alpha report is back. PARK Summer was launched last week and has some even more interesting insights into the media consumption habits of kids aged 2-12 in the US.
There is a major shift in where kids report watching their “favorite content,” with a significant number of kids preferring YouTube over streaming or traditional TV platforms. Analysis of year-on-year data shows YouTube seeing a 30% increase in kids. Meanwhile, both paid and free VOD services saw significant declines – down 53% and 40%, respectively.
“Traditional media networks and their time-honored franchises are winning attention in the non-TV arena, and winning Gen Alpha’s attention at record rates,” said Christian Dankl, Precise TV Co-Founder and Chairman. “Children and their parents are increasingly turning to social video to watch content traditionally accessed via streaming services. We’re noticing certain media networks rise above the pack with effective social-mobile strategies that are stoking attention in their kid-friendly content.”
Paramount’s (and Nickelodeon’s) Prowess: Dominating the Kid-Friendly Content Arena
Paramount is a key streaming player with its successful formula for resonating with younger audiences. A sampling of report findings includes:
Gaming Reigns Supreme
PARK also reveals insight into the growing trend of mobile and tablet gaming among Gen Alpha children. It highlights their preferences for game types such as building, fashion, and adventure games, and underscores how in-game advertising is becoming an increasingly important strategy for marketers. A sampling of report findings includes:
“With the global kids digital advertising market expected to surpass a value of $21.1B by the end of 2031, there’s a significant opportunity for targeted, effective, and ethical advertising that speaks directly to young gamers and drives high engagement for brands,” said Denis Crushell, Chief Commercial Officer at Precise TV.
YouTube's Insane Purchasing Power vs. Other Forms of Media
YouTube has established itself as a powerhouse in driving purchase power, surpassing other forms of media due to its high ad recall and influence on Gen Alpha consumer behavior. A sampling of report findings includes:
PARK goes further into the specific popular content kids are watching across platforms, household purchase trends and much more. Download the report here. Or contact us to see how we can use the findings of the report to supercharge your ad campaigns.