Tuesday, October 6, 2015

Radio vs. Digital - what works best?




Radio vs. Digital—Telling the Story Better. In part II of our four-part roundtable look at how radio can better monetize its huge reach number and sell itself to advertisers, we asked our six industry experts about how radio can tell its story better compared to the media world’s Next Big Thing—digital. Our panel, while acknowledging the perception of digital’s place, felt it was up to the industry to better talk up its own advantages. “People love cool new things and there is nothing cooler and sexier than NextRadio,” says Pierre Bouvard, CMO, Cumulus Media/ Westwood One of the technology that wakes up FM receivers on your smartphone and enables new interactivity with content and advertising. “Every time I tell an advertiser, an agency or Wall Street analysts about NextRadio…they are blown away.” “‘Mobile’ is the biggest buzzword in advertising today—and the fact is that radio is more mobile than what people think of as mobile, namely the smartphone,” adds Radha Subramanyam, president, insights, research and data analytics for iHeartMedia. “Radio is the best way for advertisers to reach consumers outside of the home, when they’re on the go.” Drew Horowitz, president and COO, Hubbard Radio, is convinced that the answer lies in overcoming the perception issue. “We have to dim the glare of digital by showing the strength and beauty of radio through ideation, execution and creative promotion using our platform,” he says. “The digital platform is fun and is the shiny new platform, [but] radio is the original mobile marketing medium.” “The same old story is rarely exciting,” admits Bill McElveen, executive VP, Southern region, Alpha Media. “But the story is about delivering results and we need to tell it more effectively.” Roundtable Record—Read the entire conversation only at InsideRadio.com.

Radio vs. Digital Should Be Radio + Digital. To tell its story better vs. the media world’s giant hydra that is digital, radio needs to stop making it “either/or” and start stressing the advantage of making it “one-plus-one” in a smart, collective strategy. That’s the consensus from six industry experts in part II of our four-part radio reach roundtable. “The success of radio has always been, and always will be, about touching people on a daily basis,” says Steve Chessare, VP and market manager, Greater Media Detroit. “As a medium, radio is unsurpassed at meeting marketing objectives for our clients. Digital is a piece of that strategy as one of our many ways to engage people…Digital alone cannot achieve results equal to a plan that is a combination of all we have: on-air, online and on-site.” “Radio can make digital more effective,” adds Bill McElveen, executive VP, Southern region, Alpha Media. “It is to our advantage to provide conclusive evidence that the use of radio makes an advertiser’s digital spend more effective, moving the discussion away from ‘let’s use radio if there’s any money left over’ to ‘let’s use radio to make our digital spend more effective.’ We need to passionately position our medium to not only our advertisers but our staffs as well—and the word ‘passionately’ is key.” New statistics seem to provide more and more ammunition for the effort—Nielsen recently reported that the actual weekly reach of AM/FM is 93%—and if it all comes down to simple results, the panel believes radio has a boast-worthy story to tell. Says Scott Herman, COO of CBS Radio, “Clients who use broadcast radio to promote a product, drive customers into their store or deliver a brand message will tell you the medium is an effective form of advertising.” Roundtable Record—read all our panelists’ answers to this question at InsideRadio.com.

Friday, October 2, 2015

Home Depot praises radio for Awareness



Home Depot Calls Radio Big Part Of 99% Awareness. Home Depot has an ongoing “Let’s Do This” attitude about radio. As one of the medium’s most consistent advertisers, the retailer and its ad agency reps discussed their ongoing affair with the airwaves at the Radio Show’s Thursday morning Advertising Breakfast. Among qualities Home Depot identified as radio’s strengths—pervasive reach, theater of the mind, flexibility and immediacy. “Radio is a major part of the reason that Home Depot has 99% brand awareness. We wouldn’t continue to be so invested with radio if not for the success in reaching our customers,” said Michael Hibbison, Home Depot’s VP of Integrated Media. “One of the things we love is that you’re in your car, backing out of your driveway, and we are engaging interest in the moment for your next home project.” Diane Fannon, principal of The Richards Group, which has Home Depot’s creative business, added that radio’s results are also quantifiable—and provide a thumb’s up. “A year ago, we primarily looked at TV data, but now we look at radio and digital, and what we see from radio is always really strong. Our ads catch people’s attention, they stay with it, and the ads have a very favorable impression with consumers.” Added Hibbison, “We need to make sure we’re relevant when the customer is in the middle of a project, and radio remains such a huge part of that to help us get our message out. It’s the one medium that has really stood the test of time.”

Tuesday, September 29, 2015

Radio Stations on Apple Watch



KiSS 92.5, Toronto, has always known what listeners want – and now that includes a hit music station app available on Apple Watch! Now, with the tap on the wrist, listeners can instantly connect to the home of 40 minute Non-Stop Hits on KiSS 92.5, with the launch of the KiSS 92.5 app for Apple Watch. The app allows fans to instantly listen to a live stream of KiSS 92.5, scroll through the latest playlist, and check out what’s trending on the station.

“Tech-savvy listeners want the option to tune in on-the-go from their device,” said Julie Adam, Senior Vice President, Radio, Rogers. “By making the KiSS 92.5 app available on Apple Watch, we are not only adapting to the needs of our audience, but solidifying Rogers’ position as a front-runner in innovation with yet another first to market app for the watch.”

The KiSS 92.5 app for Apple Watch joins other Rogers Radio brands available on the platform including 680 NEWS, NEWS 1130 and 660 NEWS.

Monday, September 28, 2015

How Radio benefits Retail clients



 As retailers gear up for the holiday shopping season, consumer spending is forecast to be strong, and American shoppers are expected to rely more heavily on digital sources for information and deals. That’s all good news for radio broadcasters eager to get a piece of retailers’ holiday ad budgets for their on-air and digital assets. A new report from Deloitte’s Retail and Distribution division predicts holiday retail sales will reach between $961 billion and $965 billion, up 3.5%-4% over 2014 holiday spending, excluding car and gasoline sales. More than ever, digital will influence shoppers’ purchases, with 80% of consumers saying they engage with a store or brand before ever going inside the physical retail outlet. That connection creates opportunities for radio stations to partner with brands to activate consumers both on-air and online, including digital campaigns, exclusive discounts or offers and DJ mentions on-air and on social media. Since radio is often the last media that consumers touch before getting to the point of purchase, radio stations are a natural partner for retailers and even more so during the holiday shopping season. Digital will play a strong role in both purchases and research, Deloitte forecasts, with an 8.5%-9% increase in non-store sales, which includes online and mail-order transactions, and digital interactions will influence 64%, or $434 million, of retail store sales. “Online sales continue to be a growth channel, but more importantly, we’ve passed the tipping point where online and mobile engagement play a greater role generating sales in the physical store—where more than 90% of retail sales occur—than in digital channels alone,” Rod Sides, vice chairman, Deloitte LLP and Retail and Distribution sector leader, said in a statement.

Troy Weston | Account Manager
Bell Media | t 416.384.4846 | m 416.560.2370 | troy.weston@bellmedia.ca
260 Richmond St W
Toronto, ON M5V 1W5
Canada
 

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