July 29, 2022
News & Press Releases
39% Increase in Online Spending as Streaming Services Take Over Screens During Ramadan
Dubai, United Arab Emirates, ——- July 2022
For many Muslims around the world, the month of Ramadan is a time of fasting during the day while embracing spirituality, almsgiving, and kindness. Ramadan is also known to be one of the biggest viewership seasons, particularly in the MENA region, as research has shown that online consumer spending reached $6.2 billion this year. Comparing this number to the previous year, online spending has increased by 39%.
Ramadan offers content sellers and buyers a golden opportunity to connect with highly engaged, addressable consumers that are ready to make purchases.
A recent content market webinar hosted by Dubai International Content Market has highlighted that constant change is nothing new in the media environment as it has long experienced changes in consumption, target audience and viewership in general. Ramadan, however, completely reconstructs
the typical viewer behaviour with regards to material intake as it recorded a significant impact on how current formats evolved and developed, making it more challenging for content enthusiasts to predict how consumers will behave over the upcoming holy month of Ramadan.
Commenting on the increase of viewership during the holy month, Peter Mrkic, Chief Commercial officer at Intigral shared: “Jawwy TV’s overall performance was phenomenal in Ramadan this year as we recorded a significant growth in the number of subscribers compared to previous years along with double digit growth in the number of active viewers and overall viewership hours. Our data shows that live TV consumption would peak around Iftar time between 6 pm and 8 pm, whereas VoD content was more frequently streamed between midnight and Sohour time. Accounting for the majority of total viewership time, our linear content resonated mostly with viewers from all ages, with Jawwy’s TV bringing numerous family-friendly programs for all family members to enjoy.”
On the other hand, Tareq Abu-Lughod, Co-Founder and CEO of Istikana highlighted the different approach some services might be using: “Ramadan is a high consumption season for traditional 30-episode drama series. Most platforms line-up a number of titles on a catch-up basis (after TV) for their audience which also provides convenience.”
Change is key:
Ramadan offers content sellers and buyers a golden opportunity to connect with highly engaged, addressable consumers that are ready to make purchases. Increased video consumption during this time promotes engagement.
This can also go back to the time of the pandemic, as the world experienced a major lockdown which resulted in families and individuals bonding over online broadcasting services such Netflix, Amazon Prime, Hulu, Shahid, Starz Play, WatchIT and the list goes on. This resulted in the improvements of these platforms as they saw a huge demand for quality content that accommodates the new generations. Social media channels also witnessed a major rise in the duration of consumption as users have been using social media more frequently which is a clear indication that millennials are more vocal on these networking apps and are seeking content that they can relate to.
Mr. Mrkic stated: “With our commitment to our strategy which prioritizes our audiences and their needs, we have been making significant progress in meeting their demands. To illustrate, a recently conducted survey revealed a high brand satisfaction rate of 78% with users saying they are likely to continue using the service due to content quality, ease of use and great value for money.”
He added: “By listening to our customer base, we strategically expand our library of movies, shows, and programs from diverse genres and multiple content providers. Additionally, we now have our streaming service available through a wide range of devices, from smartphones, tablets, and PCs, to numerous smart TV’s and gaming consoles. Such strategies have significantly contributed to enhancing our value proposition, allowing Jawwy TV to become the preferred entertainment App during Ramadan this year.”
Dubai International Content Market and E-Ramadan Content Market offer global and regional media and entertainment companies the opportunity to present new content and services.
Target Audience Needs:
During Ramadan, streaming services successfully identified their target audience and generated key online behavioural insights which assisted them in building strong creatives and achieve effective broadcasting plans which resulted in improved engagement with their audiences.
In the past, content marketers have missed out on many opportunities as they centred their media campaigns around themselves rather than the ones who will be watching, but nowadays, content creators on streaming services are focusing on listening to what the new generation wants and how they can deliver to these users who are considered a huge portion of the viewers. “According to our data, young adults (25 – 28 years) comprise the largest demographic of our viewership owing to the wide variety of the latest titles that resonate with them. We have more than 200 live TV channels and a continuously expanding library of more than 28,000 Arabic and Western titles, curated through partnerships with more than 30 content providers such as MBC, OSN, Fox, Wide Khaliji, Starz Play, Discovery and Shahid VIP. In addition to bringing popular and in-demand content for younger generations to enjoy, Jawwy TV delivers top-quality streaming and video quality through an attractive and easy-to-use interface where all viewers can make the most of a one-stop-shop with one subscription that provides access to all their favourite content.”, stated Mr. Mrkic.
A dedicated Marketplace:
Needless to say, while satellite channels have delivered programs like these to millions of Arabic speakers for decades, streaming platforms are definitely on the rise, that’s why DICM, E-Ramadan and the Content Market Webinars offer global media and entertainment companies the opportunity to expand their business, showcase new content and services, meet with key end-users and buyers, develop partnerships and increase visibility and sales.
DICM has built an award-winning reputation where the annual event has hosted a wide range of international sellers and buyers from the Middle East, Central Asia, Türkiye and beyond.
The event’s success is based on the Content Business Hub providing all participants countless organised business meetings between sellers and pre-selected buyers.
E-Ramadan, an online event, is structured around the same Content Business Hub platform purely focusing on organising meetings between international sellers and buyers from around the globe acquiring content to be aired during the holy month of Ramadan.
For more details, contact:
Marketing and Communication Manager
Tel: +971 4 520 8888
23 – 24 NOVEMBER 2022
6 – 7 DECEMBER 2022