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Radio Advertising: Pros, Cons, and Strategies

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0% found this document useful (0 votes)
6 views29 pages

Radio Advertising: Pros, Cons, and Strategies

Uploaded by

Song Thao Huynh
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

Chapter 9

Using Radio
Objectives_1

Understand
• The role of radio as a selective medium
• Radio’s strength as a secondary
medium
• Radio’s ability to reach audiences at a
low cost

9-2
Objectives_2

Understand
• Attempts to overcome radio’s lack of a
visual dimension
• Different roles of AM and FM radio
• The rating systems used in radio

9-3
The Pros of Radio

• Primary medium for targeting narrow audience


segments
• Mobile medium going with listeners into the
marketplace
• Medium with relatively low production costs
and immediacy
• Personal relationship with audience
• Supplemental medium to build reach and
frequency
9-4
The Cons of Radio

• Reliance on audio with no video limits


impact
• Numerous buys required to overcome
small audiences
• Limited audience research available

9-5
Exhibit 9.1 Average Daily Share
of Time Spent with Each Medium

9-6
ClearChannel

9-7
Radio and New Technology

• HD Radio offers terrestrial radio stations


the ability to deliver additional
programming on the same amount of
bandwidth with higher-quality sound.
• Satellite radio is available by
subscription and limits commercial
interruption.

9-8
HD Radio

9-9
Exhibit 9.2 Online Radio Listeners

9-10
Advantages of Radio
as an Advertising Medium_1

• Radio targets.
• Radio reaches a majority of the
population several hours/day.
• Radio advertising influences consumers
closest to the time of purchase.
• Radio reaches light users of other
media.
• Radio works well with other media.

9-11
Advantages of Radio
as an Advertising Medium_2

• Much of radio listening takes place out-


of-home.
• Radio delivers consistent listening
patterns.
• Radio delivers messages at a low CPM.
• Radio provides advertisers both
immediacy and flexibility.

9-12
Exhibit 9.5 Radio Reaches
Customers Everywhere

9-13
Limitations of Radio

• Audience
fragmentation
• Clutter
• Lack of a visual
element
• Increased use of
MP3 players

9-14
Technical Aspects of Radio

• Signal
• Frequency
• Amplitude
– Amplitude
modulation (AM)
– Frequency
modulation (FM)

9-15
Radio Networks Benefit
from Satellite Technology

• Stations are guaranteed quality programming


based on latest audience research.
• Radio networks bring celebrities that local
stations could not afford.
• Small stations can obtain national advertising
dollars.
• Cost efficiencies of shared programming with
hundreds of affiliates keep personnel and
programming costs low.
9-16
Spot Radio

Spot radio means buying radio time on


local stations on a market-by-market
basis by national advertisers.

9-17
Exhibit 9.8
Top U.S. Radio Advertisers

9-18
AM versus FM

• FM dominates overall listening audience.


• AM stations reach older audience.
• Talk radio has “saved” AM; HD radio may help
further.
• Radio is largely devoted to music; especially
country.
• The quality of the audience is as important as
the size (hence, focus on niche markets like
jazz).
9-19
Arbitron Provides
Ratings Services

9-20
RADAR is the Primary
Source of Network Radio Ratings

9-21
Issues in Buying Radio Time

• Inventory is perishable.
• Coordination with other media is a must.
• Most radio advertisings sold in packages
of spots tailored for each advertiser.
• Fixed rate cards rarely exist.
• Negotiations determine pricing.

9-22
Questions to Consider
When Buying Radio

• What are the product characteristics and


benefits? Can these be relayed through
radio?
• Who is the target market and can they be
reached with radio?
• Who is the competition? How are they using
radio and other media?
• What is our basic advertising and marketing
strategy? Is it consistent with radio?
9-23
Steps in Buying Radio

Delineate the target market

Select particular stations based on


audience and cost efficiency

Schedule spots

9-24
Exhibit 9.9 Radio Dayparts

9-25
Differences between
TV and Radio Ratings

• Radio advertisers are interested in


broad formats rather than programs.
• Radio ratings measure audience
accumulation over a relatively long
period of time or several dayparts.
• Audiences for individual stations are
smaller than for television.
• Higher levels of frequency are
necessary.
9-26
Metro Survey Area

An MSA always includes a


city or cities whose population
is specified as that of the central
city together with the county
in which it is located.

9-27
Radio Audiences

• Average quarter- • Cume persons


hour persons • Cume rating
• Average quarter- • Gross impressions
hour ratings • Gross rating points
• Average quarter-
hour share

9-28
For Discussion

• What is the major disadvantage of radio


for most advertisers?
• What are the primary advantages of
radio to advertisers?
• Who are the listeners of AM radio? What
do they listen to?

9-29

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