By 2060, the non-Hispanic white population will constitute only 44% of the United States population. Meanwhile, minority groups in the U.S. have a combined buying power of $3.9 trillion.
Streamlining your digital and radio marketing campaigns can enhance your success rates and help you see a higher overall return on your marketing investment. Unfortunately, it's sometimes easier said than done. Digital and radio may seem like dramatically different types of ads. If you don’t work with a media partner, it can be hard to translate your vision into a cohesive marketing campaign.. However, by properly organizing your marketing processes, you can streamline your digital and radio marketing efforts and ensure your campaign's success.
Digital marketing has several important benefits for your business. Not only can it help expand your reach, but it can also provide you with the ability to reach your customers where they are consuming content online. Google Ads, for example, have an average ROI of $2 for every $1 spent.
If you could sit down with radio industry veterans and ask them anything, what would you want to know? Considering that it might not be in person, we've done the legwork for you. We’ve gathered insights from radio advertising experts and compiled a list of trade secrets every marketing professional needs to know to create more successful radio campaigns.
Testimonials and endorsements are invaluable assets for any business. Even if people don't know the person behind the testimonial, they are far more likely to trust genuine, positive testimonials. However, the power of testimonials from strangers is nothing compared to endorsements from people your audience recognizes and trusts, including their favorite voices and personalities that speak to them every day over the radio.
With radio ads, there’s a great opportunity for creativity. For best results, we suggest adhering to some simple guidelines to help you achieve success. You want your radio ads to speak to your listeners: to get their attention, convince them of the importance of your product, and invite them to connect with your brand. Here are some strategies to improve the return on your ads and make them more effective.
Radio is a powerful advertising medium that can offer exceptional Return on Ad Spend (ROAS). Industry experts have found that radio ads can deliver up to $12 in earned revenue for every $1 spent in advertising money. Moreover, radio marketing has a vast reach, with studies showing that on-air ads can reach approximately 247 million Americans aged 12+ each week.
In order to create the most effective marketing plan, it’s important to understand key radio advertising terms. A clear understanding of industry terms and a detailed marketing plan will help you reach your target audience more efficiently. Here are some radio advertising terms you need to know.
As advertising trends have evolved over time, radio has remained one of the most effective ways to reach both new and existing customers. Radio continues to be a leading advertising medium for many reasons. With a wide reach and immediate delivery, radio allows businesses to get their message in front of targeted, yet large audiences. Not only has radio proven itself to be a powerful tool for advertising, it’s also a great way to reach existing customers with important information and updates during the pandemic. With 83.3% of the Bay Area listening to the radio each week, it’s as much, or more, during the current COVID-19 crisis (according to a recent report from Neilson). Radio is an important platform to keep current and potential customers up-to-date on how they can access your products and services during this important time.
Advertising new home sales to someone who recently bought a home or a new car to someone that just bought one is unlikely to give brands the results they want. These ads miss the importance of reaching the right person at the right time in the buying journey. Consumers receive and respond better when the marketing of products and services is most relevant to their current life experiences and needs. For example, someone who just bought a home may be considering home insurance or new furniture. However, someone who has owned a home for many years may be looking to remodel. Those consumers' behaviors will be different. By taking the buyer's journey into consideration, brands are able to create advertisements that speak to their target audience's needs, with the right message at the right time.
Bonneville Bay Area offers integrated marketing solutions that connect businesses with the right local audience enabling brand awareness, activation in the local community, and overall business growth.