ASIA

Our job: To reduce the risk and stack the value

Selling Radio Direct with Pat BrysonDiscussion has been ongoing for years about whether real, live salespeople will be replaced by mechanized buying systems. Some of those systems are in place, producing some sort of results.Human nature being what it is, a purchase will not take place until the buyer believes that their opportunity for reward is greater than their risk. And that’s where real, live salespeople enter the sales process. Our job with our clients is to reduce risk factors and create value in our campaigns. Other than offering a cheap price, this is something mechanised buying services have a hard time doing.How do we do this? In our presentationWe can reduce risk by adding several sections to our presentations. Testimonials, stories we tell about other successful clients, are golden. Do you have a bank of success stories? Success letters? If not, this should be a priority as we start 2022. Refresh your testimonial file. Every time a client tells you something great about their results, ask for a letter. If they don’t have time to write it, offer to write it yourself, then have them approve it and put it on their letterhead. When showing it to a client, TELL them the story first. Then give them the written proof. Your stories can be much more elaborate than the written page.My clients also use what we call a “logo page”. This page is full of logos of businesses who advertise with us. It’s an impressive group of advertisers.It says to the prospect: “you will be in good company when you advertise with us. Here are some of the businesses who have had great success using us.” Some of my clients also create a “team page.” This page lists internal people at the station who “touch” a client’s order as it passes through our system. It might include the General Manager, Sales Manager, Salesperson, Traffic Director, Production Director, Copywriter, Business Manager, Program Director. You give contact information for each. Here’s how you use it to assure the prospect:“When you become a client of XXXX, you have a team assigned to your account. I will be your primary contact, but in case I might be on holiday or on  a sick day and you need something immediately, we want you to know whom to call.” Then you walk the prospect through the people. This gives them comfort. It also works well when you are a new salesperson without much experience. You are asking for thousands of dollars and the prospect is wondering if you know what you are doing.If you are new in the job you can say to the prospect: “As you know, I am new. But your team has decades of experience. I have consulted with them in putting together your campaign.”Using these risk-reducing elements will help you to close more agreements.Stacking the value involves linking WHAT you are presenting to WHY you are presenting this particular campaign. What are the benefits to this client? Can you explain WHY you have scheduled the messages the way you have? Campaigns are created based on how the mind learns. We don’t just make schedules up. We create them based on the goals and objectives of the client and the scientific principles that facilitate learning. Advertising is education.When next you present, double-check that you have provided enough relevant value and have risk-reducing elements in your solution. Higher revenue awaits! […]

ASIA

Genre Fatigue

Content from BPRAre your listeners experiencing “genre fatigue”?  What is it? Pop music goes in cycles.  As a new style enters the mainstream it soon becomes over supplied, over represented and over saturated on radio and other media. Too many artists with similar sounding songs leave listeners tired and bored. This leads to the common complaint of lack of music variety.  We see this phenomenon in several ways…
Songs test with low passion … relatively few pop-based montages produce more than 20% “like a lot” scores …  the music is still ‘liked’ but do listeners choose their station simply because they like the songs that they hear?
The exception in the current pop environment is pop-based dance music … this has broad female appeal across most age groups and is one of the few pop-based styles with male appeal…. an interesting side effect of this is that the few pop- rock songs that make it through to the mainstream continue to test well and become durable hits.
Genre fatigue is a symptom of over supply and the desire to follow the current trend … while individual songs test well the audience as a whole complains the songs “sound the same…”
Solutions…
Examine a typical hour of your music scheduler and ask yourself if too many of the songs sound similar. Individual songs may test very well but the collective effect of hearing too many of them in a short period may have a negative effect on your audience.
Highlight songs that introduce an element of variety in your program. The sense of variety comes in many different forms.  Avoid too many titles in a row by male or female artists.  When possible allow for variation in tempo and energy level.
Do not be afraid to move a current hit to a lower rotation category such as “hot recurrent” even if the song is still testing very well after months of airplay.
When a style or trend appears to have reached a saturation point, look for the next trend that may be just starting to emerge. It may be found in a single song.
Highlight trendy songs before they become ubiquitous and can be heard everywhere in your market. The station that introduces a new trend or hit will often get the credit for having brought it to the listener’s attention.
by Peter Don and Andy Beaubien, BPR […]

No Picture
AU & NZ

Community radio reinvigorating live music

The CBAA has partnered with Creative Victoria as part of the Victorian Government’s On The Road Again initiative to bring live music back to regional Victoria. With community radio a vital cultural hub for so many regional areas across Australia, this exciting project sees five Victorian community radio stations curate and produce a live music… Read More
The post Community radio reinvigorating live music by Kim Napier appeared first on Radio Today. […]

No Picture
AU & NZ

Former Nova group sales manager Jack Byrne shares story behind media agency

Former NOVA Melbourne Group Sales Manager Jack Byrne (pictured) has shared his story of launching Hatched Media on the podcast Managing Marketing.Speaking with host TrinityP3 Senior Consultant David Angell, Jack talks about starting and running a media agency without having any experience of working in one.“…I originally came from the media sales side of things… Read More
The post Former Nova group sales manager Jack Byrne shares story behind media agency by Kim Napier appeared first on Radio Today. […]

No Picture
AU & NZ

Mythbusted: You can measure ad effectiveness in podcasts

ARN’s Corey Layton corrected the myth that you can’t measure ads in podcasts during yesterday’s IAB Audio Summit, so we went to Corey for more information about his myth busting statement.“There’s a perception of podcasts being the wild west, but that myth has been blown apart in recent years. Though as shown from the responses… Read More
The post Mythbusted: You can measure ad effectiveness in podcasts by Staff Writer appeared first on Radio Today. […]

No Picture
AU & NZ

Full year results for HT&E released

Revenue for ARN is up from $171.5m last year to $195.6m, according to HT&E’s 2021 financial report.ARN’s EBITA is up to $53.8m from $46.0m in 2020, while digital revenue grew by $3.1m to $9.4m.Podcast downloads are up by 64%.The full-year results for HT&E give the company a Net Cash of $189.1m.During the year the company settled its long-running… Read More
The post Full year results for HT&E released by Kim Napier appeared first on Radio Today. […]