Marketron

Discovering New Music

Contributor: Nicole Beniamini, Vice President, Edison Research

Fridays are my favorite day. Not just because it’s the end of the workweek and the start of the weekend, but because I know that every Friday is a chance to listen to brand-new music. Hearing the latest music has always been a passion of mine, starting from my childhood days of keeping a cassette tape in my stereo, ready to (illegally) record any new songs that came on the radio.

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Christmas in July?

Author: Rita Landells, Member Response Manager, RAB

If the holidays represent the most wonderful time of the year, it would be no surprise that consumers are already thinking ahead to the holidays and fantasizing about a more optimistic time. According to a recent Voxware study, 51% of consumers expect to begin their holiday shopping earlier than usual this year. Another study done by Radial found that 39% of shoppers plan to begin shopping for the holidays in October.

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The Rapidly Changing Consumer

Author: Annette Malave, SVP/Insights, RAB

As states are in various phases of reopening, consumers find themselves in various stages of their own phases. These phases continue to shift and change the behaviors that had once been routine to so many. In order to meet the challenges, needs and concerns of their customers, businesses will need to be nimble to best address and meet their customers’ expectations.

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The Spirit of Radio

Author: Tammy Greenberg, SVP/Business Development, RAB

Radio has long been known as a deeply personal, trusted and supportive partner for consumers, communities, and companies of all stripes. Fostering unity is part of the DNA of the more than 15,000 radio stations across the country. It is the spirit of radio.

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Political Media Buying 2020: How Has the Coronavirus Impacted Strategies June 2020 Update – Part 2

Contributor: Leo Kivijarv, Ph.D., Executive Vice President & Director of Research of PQ Media

In August 2019, PQ Media projected that political media buying would reach $8.33 billion in 2020. This projection was made before Michael Bloomberg became a Democratic presidential candidate and spent over $500 million in his failed attempt to win the nomination. Additionally, since the original projection was made, the COVID-19 pandemic hit, requiring politicians to revise their media buying strategies because planned rallies and fundraising events had to be cancelled.

Since the last blog post, a few items have happened which will impact the 2020 presidential and other elections.

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Leading By Example

Author: Tammy Greenberg, SVP/Business Development, RAB

Mahatma Gandhi famously said, “be the change that you wish to see in the world.” This simple, yet meaningful advice is perhaps more relevant and inspiring today than when it was first spoken.

There has been a marketing shift brewing over the past several months that has been ignited and fast-tracked by the current climate. We are seeing brands across all categories expressing their humanity, supporting consumers, contributing and leading social justice causes and using the power of their voice to publicly express their values and lead by example to inspire and activate change.

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Radio Ad Effectiveness Scores Go Sky High with COVID-19 Messages

Contributor: Angela Jeffrey, VP Brand Management, ABX

In a recent study of 168 COVID-19-related Radio ads measured by Advertising Benchmark Index (ABX) since March 4, advertising effectiveness scores were amazingly high. Radio spots featuring thanks to first responders, helpful advice to listeners regarding resisting the virus and conveying a serious tone in their announcements all did well. Below is a look at how Radio is performing right now, including a close look at five of the top ten COVID-19 spots, showing how effective Radio can be during a time of crisis.

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Political Media Buying 2020:
How Has the Coronavirus Impacted Strategies June 2020 Update

Contributor: Leo Kivijarv, Ph.D., Executive Vice President & Director of Research of PQ Media

It’s been over nine months since I last posted on the RAB blog regarding political advertising and marketing during the 2020 elections. Back then, there were still more than 20 major Democratic candidates, enough to compose a football team. Two Democratic debates had been aired, as top candidates jockeyed for the lead. Primaries were still months away and candidates were in full fundraising mode. Donald Trump and the Republican Party were on edge about the 2020 elections. On the one hand, they were touting the strength of the US economy, although there were fears of a recession if the US-China tariff trade wars escalated. On the other hand, impeachment was being discussed, but it related to the obstruction findings in the Robert Mueller report. Based on the political environment in August 2019, PQ Media was predicting that political media buying would reach $8.33 billion in 2020.

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How Has the Coronavirus Impacted Strategies June 2020 Update”

Navigating the New Auto Purchase Journey

Author: Annette Malave, SVP/Insights, RAB

Think of the last time you went to buy or lease a new car. What were the steps you took? How long was the actual shopping and buying process? If you are like most people, it took about three months to shop, and a lot of it was done online.

The greater question is, what impact will COVID-19 have on the auto purchase journey?

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Local is a Driving Force

Author: Annette Malave, SVP/Insights, RAB

Local truly matters. If there is one thing that everyone has learned during this pandemic, it is how important local businesses and communities matter – to everyone. When this all began, little did anyone realize how much walking into local businesses would be missed. You walk in, say “hello,” and if you frequent them enough, they call you by your first name. This event has been a very painful reminder of how much these local businesses mean to all of us.

Kelton Global, a consumer insights and strategy consulting firm, has been analyzing consumer behavior and sentiment since the onset of the pandemic. The most current data shows that 52% of Americans believe that the long-term effects of the coronavirus will be mostly positive than negative, and 9 out of 10 believe that there will be one positive change to come out of the outbreak.

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Radio Ad Categories Web Increases During COVID-19

Author: Annette Malave, SVP/Insights, RAB

It may be hard to imagine, but it was just a few years ago that headlines focused on how a particular generation was changing and impacting everything – from the workplace, to food and shopping. It is without question that 2020 will be marked as a year that impacted how and where all consumers shop.

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Reaching Black and Hispanic Populations through Radio and
Other Media

Contributor: Gabriel Soto, Manager of Research, Edison Research

Under the current climate of the COVID-19 pandemic, it’s important to disseminate information to various communities effectively. Often overlooked, African-American and Hispanic communities can benefit with a few insights into each group’s media consumption.

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Other Media”

Radio on Main Street Podcast Featuring Erica Farber’s Conversations with Radio Personalities About Their Role as Influencers

Listeners have a personal connection with Radio’s influencers – the on-air talent.  They have a personal connection with their favorite station because of their favorite radio personalities and during this very challenging time, the connections between the on-air personalities and their listeners have never been greater.

In this episode, Erica Farber, President and CEO of the Radio Advertising Bureau, speaks with several on-air personalities across the country to ask them about the connections they have with their audiences and why those connections can be so important to advertisers. Even though these conversations were recorded before the Covid-19 crisis, we thought the content was so appropriate for what everyone is dealing with today that we wanted to share it with you.

Here’s What Listeners Are Thinking

Author: Annette Malave, SVP/Insights, RAB

Understanding the mindset of the consumer has always been important for advertisers. However, during these times, what resonated with consumers pre-COVID may no longer be relevant. How a consumer currently feels, their concerns and their trust has never been more important for advertisers to recognize than now.

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Advertising During Difficult Times

Author: Annette Malave, SVP/Insights, RAB

It can’t be said enough – these are extremely unusual and difficult times for everyone. As each day passes, I think it is safe to say that we all hope and look forward to things getting better. They will, but it is just a matter of when.

I am certain that many of you have gone to local businesses in search of certain products or items and looked at the people in those businesses in a way you never had before. They are on the front lines, making sure that we have what we need.

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The Spirit of Radio – Connecting in Times of Business Unusual

Author: Tammy Greenberg, SVP/Business Development, RAB

“There’s something about the spirit of radio. It helps us all to know each other better and gives us a sense of purpose and community in a time where we need those things more than ever.”
– Adam Grant, Creative Director, AKQA (abridged).

Historically speaking, in periods of great challenge, truly there is no more important medium than local radio. In uncertain and unpredictable times, broadcast radio has proven that it is the backbone of the country’s information distribution system, with increased listening among consumers across all of its platforms.

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Insights from The Infinite Dial

Contributor: Laura Ivey, Director of Research, Edison Research

The most telling image from The Infinite Dial 2020 presentation is a screenshot of our presenters, Edison Research SVP Tom Webster and Triton Digital President of Market Development John Rosso, leading the webcast with over 1,500 attendees from their respective homes. No one could have anticipated that our setup would be driven by social distancing precautions. Now seems like a most appropriate time to talk about the most recent findings on the “infinite dial” of podcasting, digital, audio, radio and social media that connect us all.

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Radio. It’s On!

Author: Annette Malave, SVP/Insights, RAB

Cancellations, social distancing, empty streets, working from home, virtual classes – this has become the new norm for many of us. We are all anxiously waiting to get back to how it used to be. In the interim, there is one thing that everyone can count on. Radio. It’s On.
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It’s Not Business as Usual

Author: Jeff Schmidt, SVP, Professional Development, RAB

“Be safe, be mindful and be calm.” – Erica Farber, RAB President and CEO

One thing is for certain, we are in times of uncertainty. Change is happening hour by hour. Our government leaders, medical community, service organizations and our business communities are all trying to respond appropriately and immediately to the ever-evolving situation.

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Vital Help In Times of Need

Author: Annette Malave, SVP/Insights, RAB

“Tough times never last, tough people do.” Dr. Robert H. Schuller

There is no doubt that we are all experiencing a difficult and stressful time. Natural disasters and current events have everyone unsettled. Staying up to date on local news is important – whether you are impacted by the events or not.

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