2008 Buzzword-of-the-Summer, and you heard it here first:
Now, many of your listeners can only afford a "stay-cation..."
...because soaring gasoline prices have made VACATION utterly unaffordable.
Is this an opportunity for local radio?
Might we bundle-advertising-for/give-away spa visits, dinners-at-local-restaurants, and other cool/fun stuff-to-do right-here-at-home?
Worth brainstorming?
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Highly recommended reading referenced in my newsletter: Seth Godin's groundbreaking "Permission Marketing". |
Until now, you have been guessing...
...which contest prizes tempt listeners to listen longer.
| Properly done, prize giveaways can play Arbitron methodology like a Stradivarius.
And thoughtfully-structured contests can be very good for business. 1 + 1 can = 3 Pump-up your audience while advertisers PAY you to give away merchandise. At client stations, we create audience promotions which involve two complementary advertisers, so 1 + 1 + 1 = 5. IMPORTANT: Offer prizes that people want to win. Sounds pretty fundamental, right? Yet most radio prizes are business-as-usual prize closet baubles, big-ticket items WE think are enticing, or something-we’re-giving-away-because-the-client-wants-to. To reality-check conventional wisdom, I conducted a national survey, which asked... “Often, AM and FM stations will conduct contests, to persuade you to listen longer and more often. For each prize listed below, please indicate, on a scale from 1-to-5, how likely you would be to listen.” Here -- in the order I presented it to the sample -- is the list they voted on: > $100 cash > $1,000 cash > $1,000,000 cash > A car, which you would win and own outright. > A car, which you could keep free for a year. > A motor scooter. > A Harley Davidson motorcycle. > A vacation trip to somewhere warm in the winter. > A vacation trip to Las Vegas. > A vacation trip to Walt Disney World in Florida. > Two free round-trip airline tickets to anywhere in the continental USA. > A big flat-screen High-Definition TV. > A $100 supermarket gift certificate. > The radio station would pay your electric or heating bill for a year. > Free maid service for a year. > Dinner for 2 at a restaurant. > Dinner for 4 at a restaurant. > A $1000 gift certificate at a furniture store. > A laptop computer. > A desktop computer. > iPod. > Free music downloads. > Free music, on CD. > A $100 gift certificate for stores at a local mall. > A $1,000 gift certificate for stores at the mall. > Power tools. > A $100 gift certificate at a clothing store. > A $1,000 gift certificate at a clothing store. > A free one-year membership at a health club or YMCA. > Concert tickets. > Movie tickets. > Tickets to a major league sporting event. > A luxury box for you and your friends for a game at a major league arena or stadium. > You and 3 friends get VIP treatment at a Super Bowl party at a local sports bar. After the party, you take home a recliner chair. > A radio personality comes to your home with food and beverages and hosts a backyard cook-out for you and your friends. > A free cell phone for a year. > A Caribbean cruise. > An Alaska cruise. You WILL be surprised by some of the results of this poll.
NOTE: This information is unavailable in some markets. I cannot share it with stations that compete with my clients. When you read it, you will understand why. What I consider "the headline" in this data will be some surprising survey data that will have Sales Managers and Program Directors high-fiving each other.
This report includes my specific recommendations for implementing survey results, for maximum ratings effect and Sales value. To purchase this important report, for $99, click here.
And What you read on pages 1 - 3 ALONE is worth many times your investment. You will read "5 Ways to Make Arbitron Go UP...4-of-which are FREE." This is the first meeting I have with a new client, and is the basis of everything I do for a station, not just contesting. NONE of it is opinion. It's all about playing-by-Arbitron's rules. When you read this, you will understand why I need to make this report unavailable in certain markets.
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| Are you abusing the most-abused word in radio promo copy? |
| Read how to seem more-relevant to listeners, by avoiding an all-too-common cliche. |
| "All Marketers Are Liars" |
| "Every marketer tells a story. And if they do it right, we believe them." Read Seth Godin's case studies. |
| "Don't try to make the audience understand your station." |
| Instead, "make your station understand the audience," urges twisted genius Nick Michaels, luncheon speaker at R&R's Talk Radio Seminar, articulating the strategy underlying the knockout Radio promos he creates. Several attendees told me they thought his keynote was the highlight of the R&R conference. During it, he played samples of his work, including - I was flattered to hear - a spot that I wrote. To hear it in RealAudio, click here. |
| TV is most effective in attracting trial, while Direct Mail is best at stimulating TSL. |
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Contests: More chances/smaller prizes beats fewer chances/larger prizes; local beats national.
Source: "How Marketing Influences Listeners: A Nationwide Study," by Point-to-Point Direct Marketing Solutions, all-70-pages-of-which you can read and download (PDF), FREE, by clicking here. |
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Copyright 2008 Holland
Cooke