Radio vs Digital Marketing

Pros and cons of Radio and Digital Marketing

What is the most effective form of marketing for your company? Digital marketing vs Radio marketing? Well that’s really a question only you can answer, but here I will break down some pros and cons of each medium to make that decision easier.

Radio vs Digital Marketing

Pros:

Radio:
  • A proof advertising on radio is that you can target a specific audience with your ad. Radio stations often have a specific demographic that it caters to. If your target demographic matches the one a radio station serves to, then you can easily reach by purchasing ad spots on the station.
  • With the right timing, radio advertising can be relatively cheap. If you know the demographics your targeting and what station cater to it, advertising during off times can be cheap and effective.
  • A radio ad is more personal than an internet banner ad. With radio, you can tell stories, personally talk to the listener, which makes you more memorable and favorably received.
  • Advertisements can be easily made. Radio ads can be as simple as a 30-second copy you pay the radio station to read for you. The more produced your ad is, the better returns you’ll find, but simple is still effective.
  • Since radio ads are relatively easy to produce, the turnover time on ads can be quick. Going from idea to finished ad on air can be a short process if it’s not overly complicated of an ad.
Digital:
  • Digital marketing can reach a massive audience. The internet is a global infrastructure, and buying ad space on the web can reach a global audience.
  • When you advertise online, you have faster response rates to your service. When someone sees an ad that his helpful to them, they’ll often go immediately to that website. If you answer their problem, then you’ll have their business rather quickly.
  • Helps you expand your customer service. If you advertise or have a presence through social media then you can interact with customers at a near-instantaneous rate. Answer a customer concern, posting an update on your page, or responding to a comment builds a relationship with customers and brings you into a favorable light in their minds. Relationships mean repeat business and brand loyalty which can drive future sales.
  • Online marketing is fast. It doesn’t always have to be a banner ad or a side ad designed professionally. Sometimes just posting a promotion on your social media is enough to get people talking about your company. Just Chipotle tweeting something like “free burritos today” or something of that sort, will see interactions with their brand rise exponentially for that day

 

Cons:

Radio:
  • Radio spots during peak hours can be expensive because stations know they reach the most people. There is a reason for the price, as these spots are the most effective ones and where you’ll see the most return on your money, but they’re expensive nonetheless.
  • Not every product will thrive on the radio. Certain products and services either can’t be sold on audio alone. Services that answer problems listeners might be facing on their drive home from work do the best with radio advertising. This is especially true for places like restaurants that answer the question “What’s for dinner?” Keep in mind that when you decide to advertise on radio
  • Some radio listeners block out the radio or change the channel when ads come on. This is hardly surprising, people use the radio as background noise, or only want to listen to music, no matter the music. When the ads come on they’re either not listening or they change the channel and don’t even hear your ad. Repetition is one way to fight this, and is essential for any successful radio campaign, read this post to learn more about it!
Digital:
  • Digital marketing is going to take up a lot of your time to keep up with it. Staying on top of all the comments and questions, and making sure your social media is up to date and engaging with your customer base can be a time drain. It may not be expensive to start a digital campaign, but it can sure take up your time during the day.
  • You lose some control. When you advertise on digital platforms, and especially on social media platforms, you’re at the mercy of those platforms. Algorithms can bury your ad if it doesn’t create enough interaction (or if you didn’t pay enough) which creates a negative feedback loop, just pushing it down. If a site or platform goes down for whatever reason, then you no longer have it to advertise on, and if you lose internet service or power for a day, then you’re no longer able to engage with your customer base.
  • First impressions matter more here than in some other places. You have mere seconds to leave a favorable impression on someone online, if you fail then they’ll move on and forget about you. You have to be captivating and enjoyable in those first few instances, which can be difficult to get right.
  • There can also be some negative reactions online. Some people can be annoyed with your ads, sometimes they might feel wronged by you for whatever reason, or they can just be there to mess with you. This is a fact of working on the internet, and can sometimes have a negative impact on your perception online if not handled properly.

Conclusion: Radio vs Digital Marketing?

There are a lot of pros and cons to both sides of this argument. Ultimately, both forms of marketing have their advantages, and thus their place in any marketing campaign. Which one you do is entirely dependent on your company, your product or service, and what you can afford to do. Both can be successful, and both can fail, making sure you understand the pros and cons of both will help you avoid the later. For more information or help with either form of marketing, contact us here!

The Pros and Cons of TV Advertising

TV advertising

TV advertising reaches a larger audience than the newspaper or radio. They allow you to display your message with sight, sound, and motion. TV, in all its forms, is the world’s favorite video. On average, TV accounts for 90% of the average viewer’s video time. But with growing costs and production time, is creating advertisements for TV profitable for business’ in today’s climate?

Today we’re discussing the pros and cons of TV advertising.

Pros of TV Advertising

TV advertising has a large reach

TV reaches a much larger audience than local newspapers and radio stations, and it does so during a short period of time. As long as the advertisement is able to gain the attention of the targeted viewers, you will be able to make an immediate and lasting impression. It tells the viewer that you are serious about what you are offering. It also gives a viewer some video evidence that you can offer a superior product or service compared to the competition

TV advertising has a big impact

TV advertising often reaches consumers when they’re at their most attentive and alert. When you air a television advertisement, you often have a captive audience. The average American spends four or more hours a day watching television, according to the Nielsen Company. The chance of a viewer channel spinning during their program of choice is low because they don’t want to miss anything, and even some On Demand viewing options disable the ability to fast forward through limited commercial breaks.

TV advertising is multisensory

By putting your brand, service, or product there, you’re able to convey a message with sight, sound, and motion that can leave a lasting impact. TV ads allow you to show and tell a wide audience about your business, product, or service. You can show how your product or service works, demonstrate the benefits of ownership, and show how it’s packaged so prospective customers will know what to look for at the point of sale.

TV advertising helps you establish a brand identity

How your message is presented to the public is a way to add some personality to your brand. They give you a chance to be creative and attach a personality to your company or product. TV ads give you an opportunity to be creative and to give your business a real sense of personality. That’s a great way to connect with customers and to build a loyal clientele that keeps coming back for more

Cons

TV advertising can’t be changed easily

Unlike display ads, social media posts, or even print ads, you can’t hop in and change a TV ad without shooting a new ad or at least contacting the network. If you do choose to change anything, it’ll cost you more money. Also, changing a TV ad isn’t just expensive; it’s also a slow and time-consuming process. Re-shooting and producing an updated video can take days or weeks, making it impractical to adjust your TV ad strategy on the fly. And even if you do manage to make changes to a TV ad campaign, the people who view your ads might notice the changes and find them confusing.

TV advertising can get expensive

No other advertising medium will eat up your budget as quickly as television. Even if you’re buying late-night cable TV spots, air time can run into thousands of dollars. You’ll also have to deal with production costs, including hiring scriptwriters, actors, editors, and other professionals. An ad agency can coordinate this process and even help you design an entire ad campaign, but they’ll charge you by the hour to do so. And since TV ads are far more effective when they’re viewed repeatedly, you’re going to have to buy multiple ads.

TV advertising makes it hard to target

One challenge, of course, is the fact that even niche cable TV channels still appeal to relatively broad audiences: stay-at-home moms, for example, or retirees. Also keep in mind, however, that TV advertisers have a hard time knowing exactly who sees their ads at any given time. This lack of feedback gave rise to the old adage that half of all advertising works but nobody knows which half! This doesn’t mean TV advertising is completely ineffective; it has its time and place. But if your business wants to reach very specific audience groups or access detailed analytical feedback, consider using online advertising instead.

Pros Vs Cons

People decide if they are interested within 10 seconds of seeing a video. So it’s up to you to decide if the pros of Tv advertising outweigh the cons. In advertising, that leaves no time for anything else. Ads on TV need to be compelling from the start. Fortunately, there is a solution for catching your audience’s attention: professional video production. Professional video is a great way to create rich content for your business. We have all the skills necessary to turn your video dreams into a reality. Contact us here.

4 Things You Should Know About Advertising on the Radio

radio advertising

Advertising on any medium will take a lot of prep, strategizing, and effort from your business. Radio advertising is no different. Today we’re discussing everything you should know before looking into advertising your business on the radio.

Radio is very cost-effective

Digital and TV advertising are not as cost-efficient as radio advertising.  The costs associated with advertising on the radio have grown less than other common forms of advertising. Newspaper advertising rates continue to climb as circulation for printed newspapers has fallen. More viewers record shows so they can skip the commercials, which means costly Television commercial rates run the risk of being unseen.

It’s easier to have consistent messaging through Radio because it’s cheaper than other mediums.

If you’re looking into saving even MORE money with radio advertising, you should look into purchasing your ads further in advance. This will help reduce the costs of your time slots and could maybe convince your buyer to include a bundled service package or discount.

Radio advertising has the largest reach

According to a recent report from Nielsen, radio has the highest weekly reach across all American age groups, as more than 90% of all adults listen each week.

Reach is required if your objective is promoting your business. If you want to talk to a lot of people about your brand you should look into advertising over a longer period of time, advertising during multiple times of day, using a few different stations, and taking advantage of short-duration commercials. An advertising strategy using six-second ads at the beginning of every commercial break all day long. Or you could opt for: 15-second ads with a short and sweet message.

Radio is great for branding

With radio advertising, you are front and center in the listener’s attention span when your ad is on the air. You’re never buried on page 42 and you’re never surrounded by your competitor’s ads on the radio. You’re always on the front page with radio.

Radio advertising can be very effective for branding and awareness campaigns, or for specific calls to action. It’s important to remember the modern shopper and their journey. As such, only making use of one channel for any given campaign is lessening the success rate of the venture.

Brand recognition is fortified with radio advertising in ways other mediums just can’t compete with. More than 243 million American adults listen to the radio each month. Frequency is a specific component and kind of “secret sauce” when it comes to the principles of media advertising and is unparalleled anywhere else.

Great ROI

Additionally, radio is a great way to get the most bang for your bucks. The medium offers huge returns on your advertising investment. Radio can even deliver an average 8$ incremental sales for every $1 spent on advertising. 

As a small business owner, measuring the ROI of your advertising efforts is critical for success. You shouldn’t continue spending money on campaigns that aren’t delivering results. Even if the radio works for most businesses, you should analyze the ROI, and track how much business it brings you.

Have any questions about advertising on the radio? Contact us here. 

Why Radio Advertising Is Still Relevant

radio advertising

Advertise. Rinse. Repeat.

The great thing about radio advertising is that it generates substantial bang for your marketing buck. In fact, when done properly, businesses can experience exponential growth within the first year or two. Businesses that use radio experience tangible results in terms of metrics like brand visibility, website traffic, and overall revenue.

Radio matters to businesses. It reaches more people than any other medium, is relevant in today’s culture, and is highly trusted by loyal listeners. Most importantly, it helps businesses grow their bottom line.

Psychologists tell us that consumers need to be exposed to an advertising message at least three times before it begins to resonate. When businesses review their advertising budget and take this factor into account, radio is one of few mediums to choose from that offers an affordable, repeat-ad plan.

Brand recognition is fortified with radio advertising in ways other mediums just can’t compete with. More than 243 million American adults listen to the radio each month. Frequency is a specific component and kind of “secret sauce” when it comes to the principles of media advertising and is unparalleled anywhere else.

Targetting Your Radio Advertising.

You hear a lot about millennials, the so-called lucrative consumer segment that most brands spend all their money on. However, the over 50s are one of the fastest-growing and richest demographics in the United States, according to research. And with a great radio commercial, you can target this group effectively and generate more leads to your business. It’s not just the over the 50s, however. All age groups listen to the radio at some point, providing you with ample marketing opportunities.

Pinpointed advertising on the station or stations that best match your customer’s interests is like serving them their favorite meal at the time they expect to eat and that targeted effort can save you dollars. Even with all of these proven reasons, the method you will choose will depend on a number of factors – who your target audience is, and what your budget will allow.

Due to the targeting potential in radio, from access to the local community to the ability to address very specific submarkets using individual stations, a well-crafted radio message can provide the insight necessary to reach the right listeners – the individuals who likely will become customers. Once you know whom you’re talking to, it becomes much easier to determine an authoritative, trustworthy way to communicate.

Spend Your Money Where The Ears Are

Facts are facts. Radio is a top medium for adults of all ages, 93% of us listen to AM/FM radio over the airwaves, which is higher than TV viewership (88%), PC use (50%), smartphone use (83%), and tablet use (37%).

With radio advertising, you are front and center in the listener’s attention span when your ad is on the air. You’re never buried on page 42 and you’re never surrounded by your competitor’s ads. With radio, you are always on the front page.

The costs associated with advertising on the radio have grown less than other common forms of advertising. Newspaper advertising rates continue to climb as circulation for printed newspapers has fallen. Television commercial rates are costly and run the risk of being unseen as more viewers record shows on DVR just so they can skip the commercials.

Radio resonates for longer than other mediums. In fact, studies show that average radio listening times have more than doubled in the past five years. While a YouTube ad or banner ad might be momentary, radio commercials continue to produce results. Consumers hear the radio on their commute to work, for example, making this a profitable marketing opportunity.

Have any questions about radio advertising? Contact us here!