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Posts in "Hot Topics"

Ideas for Customer Service Excellence – Part 5

April 11, 2013

Filed Under: Hot Topics

In a world where everything we consume, including advertising to a certain extent, is becoming a commodity, why should a business decision maker choose to work with you? Customer service is one of the key differentiators. Are you doing everything you can to make it easier for your customers to do business with you? The goal is for your advertisers to understand and recognize the benefit of having you on their team.

This week we continue our Hot Topics series on Customer Service Excellence.

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A Rating Point Has Never Bought a Single Thing

April 4, 2013

Filed Under: Hot Topics

We in the radio industry sell rating points.
Buyers and advertisers buy rating points.

While this is the currency of our industry, it’s just a construct. An advertiser’s goal when spending money on radio is to increase sales. They are not buying rating points; they are buying living, breathing consumers.

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Ideas for Customer Service Excellence – Part 4

March 28, 2013

Filed Under: Hot Topics

In a world where everything we consume, including advertising to a certain extent, is becoming a commodity, why should a business decision maker choose to work with you? Customer service is one of the key differentiators. Are you doing everything you can to make it easier for your customers to do business with you? The goal is for your advertisers to understand and recognize the benefit of having you on their team.

This week we continue our Hot Topics series on Customer Service Excellence.

Read More…

Posting Should Follow the Same Rules as Baseball

March 21, 2013

Filed Under: Hot Topics

As Americans are gearing up for baseball, there appears to be a new wave of agencies demanding that radio “post” their buys. While these two concepts may appear to be completely unrelated, broadcasters can apply what they know about America’s great pastime to the battle that is known as posting. While we at Research Director, Inc. believe that posting overcomplicates the transaction, we’d like to share some basic rules to follow if it becomes a necessity.

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Ideas for Customer Service Excellence – Part 3

March 14, 2013

Filed Under: Hot Topics

In a world where everything we consume, including advertising to a certain extent, is becoming a commodity, why should a business decision maker choose to work with you? Customer service is one of the key differentiators. Are you doing everything you can to make it easier for your customers to do business with you? The goal is for your advertisers to understand and recognize the benefit of having you on their team.

This week we continue our Hot Topics series on Customer Service Excellence.

Read More…

Ideas for Customer Service Excellence – Part 2

February 28, 2013

Filed Under: Hot Topics

In a world where everything we consume, including advertising to a certain extent, is becoming a commodity, why should a business decision maker choose to work with you? Customer service is one of the key differentiators. Are you doing everything you can to make it easier for your customers to do business with you? The goal is for your advertisers to understand and recognize the benefit of having you on their team.

This week we continue our Hot Topics series on Customer Service Excellence.

Read More…

What Radio Can Learn from the Movies

February 21, 2013

Filed Under: Hot Topics

In the 1980s VCRs burst onto the scene. Now people could watch movies at home, without commercial interruption, when they wanted. Many proclaimed this advancement the death of the movie theater. Over the past 33 years, a lot has changed. People’s televisions have gone from a 19” tube to a 60” high-definition flat screen with theater-like surround sound. There are numerous commercial-free movie channels, and on-demand video is now available to most Americans.

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Ideas for Customer Service Excellence – Part 1

February 13, 2013

Filed Under: Hot Topics

In a world where everything we consume, including advertising to a certain extent, is becoming a commodity, why should a business decision maker choose to work with you? Customer service is one of the key differentiators. Are you doing everything you can to make it easier for your customers to do business with you? The goal is for your advertisers to understand and recognize the benefit of having you on their team.

This week we begin a series of Hot Topics with ideas to help you provide excellent customer service.

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The Quest for Ratings: Understanding Your Audience

February 7, 2013

Filed Under: Hot Topics

In the radio industry, we are in a constant battle for ratings. Regardless of the situation, stations are looking for effective ways to draw new and existing listening. Many stations utilize contests as a self-promotion tool, but is this your best option?

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I Want a Bigger Piece of Pie

January 31, 2013

Filed Under: Hot Topics

According to Universal McCann, in 1935 the size of the U.S. advertising pie was 1.7 billion dollars. Radio, dominated by network radio, took 113 million dollars or 6.6%. That was before broadcast TV, cable, internet, or social media.

Fast forward to 2012. MagnaGlobal estimates U.S. advertising to exceed 176 billion dollars. Radio’s slice of the pie was just under 15 billion dollars or just under 8.5% share. For every tenth of a share point that radio can garnish, it adds almost 180 million dollars in new revenue. Instead of just fighting for the dollars already allocated to radio, we, as an industry, need to grow our slice of the advertising pie.

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