December 13, 2012
The history of the internet has been brief, not gaining power in its marketing initiatives until the mid-1990s. Today websites are becoming extensions of traditional media outlets, such as Radio, Television and Print. For an advertiser, it is crucial to create opportunities that increase revenue by tailoring marketing campaigns that speak directly to various consumer and demographic groups. For example, African Americans in particular, make up roughly 27 million of the online consumer base, who spend nearly one-third of their time on the internet, with a buying power that is expected to exceed $1 trillion in 2012.
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December 6, 2012
Thanksgiving has come/gone and now, as we are hearing on a number of stations, it’s Christmas time. For some stations, switching to an “All Christmas” format could possibly mean “Yes.” Those gifts will come in the form of larger cumes and increased listening, which results in larger average quarter hour (AQH). Because of the increase, you will be able to charge higher rates. “All Christmas” format stations that are successful are similar to the Super Bowl for TV commercial spots.
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November 29, 2012
We’ve come a long way from the days when Arthur Carlson on “WKRP in Cincinnati” sat with a brown envelope in his trembling hands before he opened it up to learn his station’s latest Arbitron ratings. Back in the ‘70s, Arbitron’s clients didn’t know when the books would arrive. They waited for the phone to ring to get a few numbers read to them as “Advanced Ratings.” In the early ‘80s, Arbitron began publishing a schedule, so at least you knew when Arbitrends data would be released and when the box of books would be delivered. In 2006 Arbitron switched to the eBook format, and we no longer needed shelves to hold the infamous red-, silver-, blue-, and brown-striped reports.
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November 15, 2012
If you’re reading this blog, chances are that you’re well aware that radio stations strive to effectively advertise for their clients. While this is important, there is a prerequisite that leads to successfully advertising on behalf of others. You must first be able to successfully advertise the station itself. In this article, I will cover two basic marketing theories and how they relate to a single word: Consistency.
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November 7, 2012
According to an article released a couple weeks ago by the Radio Advertising Bureau, Nielsen is expecting an increase in sales across five key departments this holiday season (food, beverages, alcohol, health/beauty, and homecare). Spending for November and December 2012 is predicted to reach $98.3 billion, which is a 2.3% increase from last year. This increase in 2012 holiday spending could be a result of higher consumer confidence levels and increased impulse buying and consumer intent.
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