I have been asked several times this month about those "Cheap" radio buying services that business owners are seeing on the internet after doing a google search: "How To Buy Radio Advertising". It frustrates me that the first potential piece of information that a business owner recieves after trying to educate themselves on using radio advertising as a viable media to advertise their business is information on how to "NOT" to buy radio advertising. Radio Advertising is not "CHEAP". Here is a definition of "cheap" as defined by dictionary.com ;
1. costing very little; relatively low in price; inexpensive: a cheap dress.
2. costing little labor or trouble: Words are cheap.
3. charging low prices: a very cheap store.
4. of little account; of small value; mean; shoddy: cheap conduct; cheap workmanship.
5. embarrassed; sheepish: He felt cheap about his mistake.
6. obtainable at a low rate of interest: when money is cheap.
7. of decreased value or purchasing power, as currency depreciated due to inflation.
8. stingy; miserly: He's too cheap to buy his own brother a cup of coffee.
The problem with putting the word cheap and radio together is that people have the perception that they can buy an effective advertising while buying the cheapest commercial inventory. Here is an inside secret into what is know as "traffic" in radio stations. The cheapest spots or commercials get the lowest priority. Your commercials will get bumped off, switched around, thrown out, or put into placement from Midnight to 5am in the morning. Yep! You heard me, those cheap spots are useless when trying to reach your target audience. Trust me, if you are considering Radio Advertising, their are plenty of professionals who can help you do it the right way.
For more information about how I can help you, visit
San Francisco Radio Advertising Professional, Bay Area Radio Advertising Guru, and East Bay Radio Advertising Solutions ----- Click Here
Friday, June 13, 2008
The Upside Of A Recession: 'The Dumbbells Cut Back... The Smart People Don't'.
The market drops 370 points in a single day, corporate earnings disappoint and housing prices continue to sink.
We are in uncertain economic times. We may be in a recession right now, or could slip into one next week... or next month.
As optimists, we don't like forecasting difficult economic times. But, even optimists have to come to grips with the realities of our uncertain marketplace.
With economic anxiety looming, many of our clients are asking: how should I position and market my firm in the year to come? Assuming yours is a healthy company, here are our general recommendations.
The Cumulative Power Of Marketing
The laws of marketing never change, even in a recession. In fact, if played correctly, they can compound in your favor. Marketing, in any economic environment, is about sustained and integrated activity.
Like the principle of compound interest, a little investment, applied consistently, will pay great dividends down the road. There are of course short term benefits – marketing assists in generating immediate sales – but the real power of your marketing program is cumulative. This cumulative effect drives awareness and ultimately preference in your service so, at the elusive time of need, your prospect thinks of you first.
A sustained marketing effort will help ensure that your pipeline is consistently replenished, leads are properly nurtured, and your market presence is maintained.
The advantages to continuing your marketing in uncertain economic times go far beyond simply maintaining the status quo. The reality is many of your competitors are going to pull back their marketing. As a result, your dollar is going to go further than it is now. Your share of voice will grow. This represents a great opportunity for forward looking firms that are committed to growth because there are still lots of buyers out there.
The Reactionary Response
Many service firms automatically cut expenditures, and marketing is often on top of the list. It's an instinctive response to difficult economic conditions. Almost universally, this response will lead a company to have real trouble in the coming years, recession or no recession.
We can understand why firms think they need to cut back. The sensationalistic media attention given to the economy creates a quiet panic in all of us. We run all sorts of scenarios through our head: clients are going to brace for hard times... they will take longer to make purchases... perhaps they'll even cut service providers. As you think of sales cycles stretching, client retention diminishing, and project size shrinking, you may find yourself looking to cut costs.
Marketing is one of those initial costs that seem easy to reduce. It's hard to measure and you aren't quite sure if it's needed when it's time to hunker down. Why not cut it until things are looking up again? It's easy to justify: "We'll go full force once the market turns, it won't hurt a thing."
The Facts
Study after study demonstrates why this is not wise. Keith Roberts, of PIMS Associates, found firms that increase their marketing spend during a recession actually grow significantly faster than firms that maintain or decrease their marketing spend.1 Additionally, firms that invested more in marketing in a down market realized a 4.3% increase in their ROI. This compared to companies that maintained or cut their level of effort during the two years following a recession.
The study also pointed out that those who increased their marketing efforts during a recession gained market share three times faster in the two years following a recession than businesses that cut their marketing. While service firms don't play the market share game, this does illustrate the cumulative effect of marketing and the opportunity for advancement in a recession.
While the work PIMS did is compelling, it's hardly the only material on the subject:
McGraw Hill found that business to business companies that maintained or increased their marketing during the 1981-82 recession grew during and after the recession at a far greater rate than those who didn't maintain or increase marketing spending.2
The research firm of Meldrum & Fewsmith studied all post World War II recessions and found that advertising aggressively during recessions not only increases sales but it also increases profits, and at a far greater rate than those firms that cut back.3
American Business Media found that maintaining share of mind during an economic downturn directly related to current and future sales and that maintaining share of mind costs much less than rebuilding it after a period of marketing inactivity.4
According to Coopers & Lybrand, marketing during a time of economic difficultly solidifies your client case, portrays you as stable, takes business away from less aggressive competitors and positions your firm well for post recession growth.5
We could go on, but we're sure you get the point – this storyline, and the research behind it, is compelling.
The Silver Lining
As legendry ad man Ed McCabe puts it, "All great enterprises move forward in a recession, and the weaklings move back. The dumbbells cut back...the smart people don't."
Be one of the "smart people." Whether there will be or won't be a recession, maintaining a healthy marketing program will only build on what you have already developed. And maintaining and growing what you have toiled long and hard over requires careful planning, decisive execution, and plain old guts. Now more than ever the money you spend now on marketing matters. Not because dark times loom, but because there is real opportunity out there right now.
We are in uncertain economic times. We may be in a recession right now, or could slip into one next week... or next month.
As optimists, we don't like forecasting difficult economic times. But, even optimists have to come to grips with the realities of our uncertain marketplace.
With economic anxiety looming, many of our clients are asking: how should I position and market my firm in the year to come? Assuming yours is a healthy company, here are our general recommendations.
The Cumulative Power Of Marketing
The laws of marketing never change, even in a recession. In fact, if played correctly, they can compound in your favor. Marketing, in any economic environment, is about sustained and integrated activity.
Like the principle of compound interest, a little investment, applied consistently, will pay great dividends down the road. There are of course short term benefits – marketing assists in generating immediate sales – but the real power of your marketing program is cumulative. This cumulative effect drives awareness and ultimately preference in your service so, at the elusive time of need, your prospect thinks of you first.
A sustained marketing effort will help ensure that your pipeline is consistently replenished, leads are properly nurtured, and your market presence is maintained.
The advantages to continuing your marketing in uncertain economic times go far beyond simply maintaining the status quo. The reality is many of your competitors are going to pull back their marketing. As a result, your dollar is going to go further than it is now. Your share of voice will grow. This represents a great opportunity for forward looking firms that are committed to growth because there are still lots of buyers out there.
The Reactionary Response
Many service firms automatically cut expenditures, and marketing is often on top of the list. It's an instinctive response to difficult economic conditions. Almost universally, this response will lead a company to have real trouble in the coming years, recession or no recession.
We can understand why firms think they need to cut back. The sensationalistic media attention given to the economy creates a quiet panic in all of us. We run all sorts of scenarios through our head: clients are going to brace for hard times... they will take longer to make purchases... perhaps they'll even cut service providers. As you think of sales cycles stretching, client retention diminishing, and project size shrinking, you may find yourself looking to cut costs.
Marketing is one of those initial costs that seem easy to reduce. It's hard to measure and you aren't quite sure if it's needed when it's time to hunker down. Why not cut it until things are looking up again? It's easy to justify: "We'll go full force once the market turns, it won't hurt a thing."
The Facts
Study after study demonstrates why this is not wise. Keith Roberts, of PIMS Associates, found firms that increase their marketing spend during a recession actually grow significantly faster than firms that maintain or decrease their marketing spend.1 Additionally, firms that invested more in marketing in a down market realized a 4.3% increase in their ROI. This compared to companies that maintained or cut their level of effort during the two years following a recession.
The study also pointed out that those who increased their marketing efforts during a recession gained market share three times faster in the two years following a recession than businesses that cut their marketing. While service firms don't play the market share game, this does illustrate the cumulative effect of marketing and the opportunity for advancement in a recession.
While the work PIMS did is compelling, it's hardly the only material on the subject:
McGraw Hill found that business to business companies that maintained or increased their marketing during the 1981-82 recession grew during and after the recession at a far greater rate than those who didn't maintain or increase marketing spending.2
The research firm of Meldrum & Fewsmith studied all post World War II recessions and found that advertising aggressively during recessions not only increases sales but it also increases profits, and at a far greater rate than those firms that cut back.3
American Business Media found that maintaining share of mind during an economic downturn directly related to current and future sales and that maintaining share of mind costs much less than rebuilding it after a period of marketing inactivity.4
According to Coopers & Lybrand, marketing during a time of economic difficultly solidifies your client case, portrays you as stable, takes business away from less aggressive competitors and positions your firm well for post recession growth.5
We could go on, but we're sure you get the point – this storyline, and the research behind it, is compelling.
The Silver Lining
As legendry ad man Ed McCabe puts it, "All great enterprises move forward in a recession, and the weaklings move back. The dumbbells cut back...the smart people don't."
Be one of the "smart people." Whether there will be or won't be a recession, maintaining a healthy marketing program will only build on what you have already developed. And maintaining and growing what you have toiled long and hard over requires careful planning, decisive execution, and plain old guts. Now more than ever the money you spend now on marketing matters. Not because dark times loom, but because there is real opportunity out there right now.
Labels:
advertising,
Internet Marketing,
radio,
Radio advertising
Thursday, June 5, 2008
Top Keyword Results For May 2008, Keyword; Advertising
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promotional advertising,
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e mail advertising,
newspaper advertising,
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served advertising complex,
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internet banner advertising,
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advertising idea,
web banner advertising,
car advertising,
restaurant advertising,
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advertising agency software,
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google advertising tool cashing in with adsense adwords and the google apis,
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pace picante hispanic advertising agency,
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advertising photography,
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advertising inflatables,
advertising outdoor billboard,
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advertising links,
small business advertising,
advertising media,
pay click advertising,
post card advertising,
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Labels:
advertising,
advertising keywords,
internet,
Internet Marketing,
SEO
Tuesday, May 27, 2008
Radio Advertising Today
In today's market it is getting tougher and tougher to break thru the clutter. It is more important that ever to have the right professional on each project you do. Check out this radio advertising site to find that professional:
The Right Professional for your Radio Advertising needs, click here
The Right Professional for your Radio Advertising needs, click here
Labels:
advertising,
Internet Marketing,
Radio advertising
Thursday, May 22, 2008
Radio Heard Here – FAQs
Radio Heard Here – FAQs
1. What is Radio Heard Here?
Radio Heard Here is a far-reaching, multiyear initiative designed to reignite the public’s passion
for radio. The fact is, despite the arrival of new communications and entertainment devices within
the past 20 years or so, radio has maintained its integral and near-ubiquitous presence in most
people’s lives. In fact, more than 235 million Americans say that radio plays an important role in
their lives. Radio Heard Here will showcase the many ways that radio has continued to adapt, to
innovate and to maintain its relevance in a digital world.
2. Who is behind this initiative?
Radio Heard Here is being made possible by a coalition of three major players from within the
broadcasting industry – the National Association of Broadcasters, the Radio Advertising Bureau
and the HD Digital Radio Alliance. These three organizations are overseeing the various educational
and promotional elements of the campaign, and the presidents/CEOs of each organization (David
Rehr, NAB; Jeff Haley, RAB; and Peter Ferrara, HDDRA) will be playing active and prominent
roles within the campaign. In addition to these major players, the campaign also will involve a variety of
industry partners, including Internet Service Providers, advertising agencies and other creative outlets.
3. What’s the impetus behind it?
There is understandable enthusiasm for new entertainment technologies. But in a world of digital
downloads, streaming audio and MP3 players, Americans have continued overwhelmingly to tune in to
radio to be entertained and informed. The radio industry never left – but it did seem quiet compared
to its new competitors in the marketplace. Radio has now reemerged with a greater sense of vitality,
versatility and innovation. The industry has invested millions of dollars in new technology – HD
radio and new delivery devices, for example – as well as made significant strides toward improving
the quality and diversity of its content. While Americans have more options than ever before about
where they find information and entertainment, radio is responding to this competitive landscape
by enhancing the listening experience in bold new ways. Communicating this renaissance in radio
is what Radio Heard Here is all about.
4. What are the objectives of the campaign?
Radio Heard Here seeks to change the public’s perceptions about the future of radio. This is a medium
that is approaching its centennial anniversary and Radio Heard Here not only will remind Americans
about the relevance of radio in their lives, but also will inform them of the innovative ways that
radio is expected to improve in both the programming and technology in the years ahead.
www.radioheardhere.com
Radio Heard Here – FAQs (continued)
5. What will the campaign entail?
The initiative will feature:
A broad-based advertising campaign called “Radio Heard Here”.
Outreach to industry and trade partners, which will include a prominent Web presence, a variety
of regular blogs, and a campaign to educate the creative community within advertising agencies
and universities on how to successfully write and place radio advertising.
Public relations, which will target the industry, trade media and other key influencers.
A viral communications component, which will involve videos produced for YouTube, MySpace,
Google Video and the like.
6. Why now?
The level of activity and innovation happening now within the radio industry is unprecedented, and
consequently there is no better time than now to begin communicating the many ways that radio is
adapting, changing, exploring, innovating, investing and responding to a changing world. As the
industry approaches the 100th anniversary of its first commercial broadcast, it is a fitting time to
celebrate radio’s significant achievements and focus on the bright future the industry has ahead of it.
1. What is Radio Heard Here?
Radio Heard Here is a far-reaching, multiyear initiative designed to reignite the public’s passion
for radio. The fact is, despite the arrival of new communications and entertainment devices within
the past 20 years or so, radio has maintained its integral and near-ubiquitous presence in most
people’s lives. In fact, more than 235 million Americans say that radio plays an important role in
their lives. Radio Heard Here will showcase the many ways that radio has continued to adapt, to
innovate and to maintain its relevance in a digital world.
2. Who is behind this initiative?
Radio Heard Here is being made possible by a coalition of three major players from within the
broadcasting industry – the National Association of Broadcasters, the Radio Advertising Bureau
and the HD Digital Radio Alliance. These three organizations are overseeing the various educational
and promotional elements of the campaign, and the presidents/CEOs of each organization (David
Rehr, NAB; Jeff Haley, RAB; and Peter Ferrara, HDDRA) will be playing active and prominent
roles within the campaign. In addition to these major players, the campaign also will involve a variety of
industry partners, including Internet Service Providers, advertising agencies and other creative outlets.
3. What’s the impetus behind it?
There is understandable enthusiasm for new entertainment technologies. But in a world of digital
downloads, streaming audio and MP3 players, Americans have continued overwhelmingly to tune in to
radio to be entertained and informed. The radio industry never left – but it did seem quiet compared
to its new competitors in the marketplace. Radio has now reemerged with a greater sense of vitality,
versatility and innovation. The industry has invested millions of dollars in new technology – HD
radio and new delivery devices, for example – as well as made significant strides toward improving
the quality and diversity of its content. While Americans have more options than ever before about
where they find information and entertainment, radio is responding to this competitive landscape
by enhancing the listening experience in bold new ways. Communicating this renaissance in radio
is what Radio Heard Here is all about.
4. What are the objectives of the campaign?
Radio Heard Here seeks to change the public’s perceptions about the future of radio. This is a medium
that is approaching its centennial anniversary and Radio Heard Here not only will remind Americans
about the relevance of radio in their lives, but also will inform them of the innovative ways that
radio is expected to improve in both the programming and technology in the years ahead.
www.radioheardhere.com
Radio Heard Here – FAQs (continued)
5. What will the campaign entail?
The initiative will feature:
A broad-based advertising campaign called “Radio Heard Here”.
Outreach to industry and trade partners, which will include a prominent Web presence, a variety
of regular blogs, and a campaign to educate the creative community within advertising agencies
and universities on how to successfully write and place radio advertising.
Public relations, which will target the industry, trade media and other key influencers.
A viral communications component, which will involve videos produced for YouTube, MySpace,
Google Video and the like.
6. Why now?
The level of activity and innovation happening now within the radio industry is unprecedented, and
consequently there is no better time than now to begin communicating the many ways that radio is
adapting, changing, exploring, innovating, investing and responding to a changing world. As the
industry approaches the 100th anniversary of its first commercial broadcast, it is a fitting time to
celebrate radio’s significant achievements and focus on the bright future the industry has ahead of it.
Radio Heard Here
Dear Friend of Radio,
They say that radio is making a comeback, but you and I know that it never went away. Radio has been
an integral part of our lives for almost 90 years and is still going strong.
But, like any long-term relationship, things have become a little predictable. It just needs a little help
to reignite the passion.
That’s why the National Association of Broadcasters – together with the Radio Advertising Bureau, HD Digital
Radio Alliance and others – recently launched Radio 2020, a comprehensive, multimillion-dollar, multiyear
initiative designed to reinvigorate the medium.
It is with great pleasure that I introduce Radio Heard Here, the initiative’s far-ranging advertising and
promotional campaign. Radio Heard Here is designed to showcase the broadening versatility of radio
content, the pioneering innovation of its technology and radio’s continued relevance in the lives of Americans.
Enclosed you will find a packet of materials describing the campaign in further detail, including facts
about the campaign, and biographies of the key players.
It’s a dynamic time in our industry with tremendous innovation and opportunity. Please join us in this endeavor.
Best wishes.
Sincerely,
David Rehr Jeff Haley
President and CEO President and CEO
National Association of Broadcasters Radio Advertising Bureau
They say that radio is making a comeback, but you and I know that it never went away. Radio has been
an integral part of our lives for almost 90 years and is still going strong.
But, like any long-term relationship, things have become a little predictable. It just needs a little help
to reignite the passion.
That’s why the National Association of Broadcasters – together with the Radio Advertising Bureau, HD Digital
Radio Alliance and others – recently launched Radio 2020, a comprehensive, multimillion-dollar, multiyear
initiative designed to reinvigorate the medium.
It is with great pleasure that I introduce Radio Heard Here, the initiative’s far-ranging advertising and
promotional campaign. Radio Heard Here is designed to showcase the broadening versatility of radio
content, the pioneering innovation of its technology and radio’s continued relevance in the lives of Americans.
Enclosed you will find a packet of materials describing the campaign in further detail, including facts
about the campaign, and biographies of the key players.
It’s a dynamic time in our industry with tremendous innovation and opportunity. Please join us in this endeavor.
Best wishes.
Sincerely,
David Rehr Jeff Haley
President and CEO President and CEO
National Association of Broadcasters Radio Advertising Bureau
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