The Disappearing TV Audience

The Disappearing TV Audience

Not even a pandemic can save broadcast television.

As America opens up again after being told to stay home last year, we’re getting new data about some of the long term affects of the COVID-19 pandemic.  And since I’m a media and marketing dude, not a doctor, I’m going to focus on what I know about.  Get your health and wellness info from someone qualified to advice you.

I am qualified to talk about media and marketing because that is not just my passion but it’s been my livelihood for a few decades plus I have access to data that most of you don’t.

One of the predictions about 2020 was that media consumption habits were going to change due to our being stuck at home. Less people on the road would decrease radio listenership and TV would stop the slide in viewership that it’s been suffering for the past decade.

Well, radio listenership may have shifted a bit temporarily, it’s just as strong and healthy as ever.  Broadcast TV, that’s a different story.

Here in Fort Wayne, Indiana, we have had 5 major broadcast TV stations since I was a kid.  ABC was channel 21, CBS was channel 15, NBC was channel 33, PBS was channel 39 and FOX was channel 55.  Those were the channels my Mom watched 20 years ago without cable and people of her generation are still watching broadcast TV, but not as many or as much because they are dying off (80 to 90 year olds), or they’ve done what my generation and those younger are doing and watching TV from cable or streaming services.

We have a collection of restaurants run by the Hall’s family in Fort Wayne that a friend of mine predicted would be out of business in 10 years because all their customers were old.  He made that prediction 20 years ago and most of those restaurants are still here.  Why?  Because they keep making old people is my answer.

But there is more to this problem for broadcast TV because the TV networks are not creating shows that younger generations want to watch.  The younger generations are finding them online or on streaming services, not ABC, CBS, NBC, PBS and Fox.

MarketingCharts.com shared data that compares July thru September 2020 with the same 3 months of 2019 and except for those age 65+, the trend for watching less broadcast TV that has been going on for more than a decade, continued despite being told to stay home.

This continuing decline is because of the habits younger generations have formed that simply can’t be ignored.  Teens are now watching less than an hour of TV, that’s a drop of 21% in just the last year. The 18 to 34 year olds viewing habits dropped over 23% in the past year.  The only age group that didn’t lose viewers were those 65 and older and they barely retained the number of viewers and time spent watching TV.   It happened to the Yellow Pages of the phone book, it continues to happen to the newspaper industry as technology changes occur and consumer habits change, the decline continues and is happening to broadcast TV.  Not even a stay-at-home order in the worst pandemic of our lifetimes has been able to save the TV stations from losing viewers.

I have a couple of questions for you if you are a business owner that has relied on TV advertising to draw in new customers.

How is it working for you compared to years ago?

19 out of 20 business owners I asked this question to at the end of 2019 (before the pandemic) told me that they have seen a decrease in their return on investment on advertising on traditional local TV.  The other person had no idea because business was booming and he used multiple avenues to advertise.

The other question is would you like to see an alternative form of advertising that hasn’t become less effective, that can either work hand in hand with your other marketing and advertising or replace some of the advertising avenues that aren’t producing for you like they used to?  Contact me, Scott@WOWO.com and I’ll put you in touch with someone from my team to discuss what can be done to make your business successful and growing this year and for years to come.

Creating Success with WOWO Radio in 2021

Creating Success with WOWO Radio in 2021

As much as we want to kiss the year 2020 good-bye and move forward as if it never happened, we can’t. And we shouldn’t.

12 months ago all of us were planning on a very different year than what unfolded in 2020.  The economy seemed to be moving forward after a market correction at the end of 2019, but unemployment was at record low numbers and it seemed like we were going to have a boom of a year.

It boomed alright, just not with confetti.  More like a nuclear explosion.

Here in Fort Wayne Indiana, that boom hit around Friday March 13th, 2020.  The Governor of Indiana was mandating restrictions on businesses that would take place the next week and suddenly we all had to determine what was essential and why.   Many of my clients and advertising partners on WOWO radio were essential but some had to shut down for awhile.  It didn’t seem fair that the small local business retailers were not allowed to stay open while the bigger national big box stores were still able to allow customers inside.

At WOWO radio and our parent company, Federated Media, we instituted a Work From Home Policy that was designed to keep everyone safe and healthy. In Fort Wayne, we operate out of two separate buildings.  The south building is where the studios for WOWO, WMEE, K-105, The Bear, Big and the Fan are located.  Our engineer was able to modify studios and set up equipment so our on-air talent was able to minimize the risk including broadcasting from home in several instances.

On the north side of town, Federated Media Fort Wayne Sales and Executive offices were also affected but differently.  Our usual weekly in-person sales team meetings for WOWO were suspended.  Federated Media had already instituted a work from home policy for their local sales teams over a decade ago, which meant instead of having an office or cubicle at the Fed Med office to report to everyday, if you were on the sales team for one of our local stations, you only had to come to the office occasionally.

When people asked me about my job, I would tell them most weeks I have two hours that I show up to the office, the rest of the week is mine to use as I see fit to do what I needed to accomplish.  As a result, I spent between 10 and 25 hours a week in coffee shops.

Something else that was new in 2020 were some management changes at Federated Media in Fort Wayne.

At the end of 2019, our former market manager Jim Allgeier left Federated Media. After a nationwide search was conducted, they promoted from within.  Ben Saurer, General Sales Manager for WOWO, WKJG & WBYR took over to lead Federated Media in Fort Wayne as our Vice-President and General Manager.  For those of us who had been working directly under Ben at WOWO, it was a mixed blessing.  We had a tremendous amount of respect for Ben and believed that he was the right person to step up and lead all of Fort Wayne.  Yet we also knew that if he was promoted, someone else would take over the General Sales Manager position for the 3 stations he was taking care of.

So with the announcement  of Ben’s promotion, came another nationwide search that Ben conducted to hire his General Sales Manager replacements.  Initially Kassie Taksey was hired to become the Sales Manger of two of our smaller stations, WFWI & WKJG and shortly afterwards also became the General Sales Manger of the Bear.  All three of these stations had great potential and Kassie was brought in to create a local sales team that would live up to that potential and she has done an excellent job with that in her first year especially with Covid and the ramifications.  She took over our sports station when live sports were being cancelled and two of our music stations when concerts and events were being postponed or eliminated in 2020.  Hat’s off to Kassie on her teams accomplishments!

The WOWO General Sales Manager position was (in Ben’s words) “The Most Important Hire I Make”.  Here’s why:

Back in 2013, when I joined Federated Media, WOWO was one of the top 3 or 4 stations out of a dozen in Federated Media which operates stations in South Bend/Elkhart and Fort Wayne Indiana.  The past few years, WOWO  (under Ben’s leadership) became the top station in the company with a local sales budget that is nearly double (or more) than any of the other stations in our company.

The new WOWO General Sales Manager would be tasked with… Don’t Screw It Up.

Federated Media General Sales Managers have many roles but carrying their own list of accounts is not one of them.  Only during certain circumstances does that happen and usually for a short period of time.

Coaching is the most important role I believe because if the GSM isn’t selling, then his/her team is and they need a coach to help them be their best.

Let’s look at the 2020 calendar again.

Right before Christmas 2019, Ben is told by the Chief Operating Officer of Federated Media that he will be promoted to VP/GM of Federated Media in Fort Wayne, leading the entire management team in the sales, programming, engineering, and special teams support staff effective in January 2020 which is when the announcement is made company wide.

In January 2020 Ben begins his nationwide search for his General Sales Manager replacements and brings back Kassie to take over three of the four stations that need a leader.

It takes 6 weeks and multiple interviews with candidates across the country before Ben pulls the trigger and promotes from within his WOWO local sales team and I am offered the WOWO General Sales Manager position the week after Valentines Day 2020.

Earlier in 2020, Federated Media had our annual awards ceremony called the “Feddy’s” and I had won a couple of awards for being the top salesperson in our entire company in 2019.  Which presented a dilemma… does Ben take his companies top salesperson out of a sales role since that would not be my job anymore?

Throw in a couple more circumstances that I was not initially aware of in January 2020.

WOWO’s legendary salesperson and former air personality, Art Saltsberg was going to go into full retirement.  A few years ago, Art scaled back his work load and was now only taking care of about 6 or 7 of his favorite clients.  Art was now going to walk away completely in the first quarter of 2020. I remember listening to Art on WOWO when I was a kid in the 1970’s.

At the end of 2019 one of WOWO’s other top sellers decided to leave to take care of some personal matters.  This lead to Ben recruiting two brand new salespeople to the WOWO Local Sales Team, a process that takes a couple of months before the decision is made.

The same week I was offered and accepted the General Sales Manager position for WOWO was the same week Ben added Andrew and Blake to the team to join the rest of us on WOWO.

A month later COVID hit and we all had to scramble to figure out what to do for the best interests of our advertising partners, our company and everyone involved.  As weeks became months, most of us learned new ways of doing things.  One member of the WOWO sales team who didn’t, left after 4 years.  Meanwhile the WOWO sales person who has been with us the longest, had her best year ever due to learning how to adapt to circumstances.

As all of us reflect on 2020 and put together lessons to implement in 2021 there are a few items I want to share with you pertaining to working with WOWO radio to create success for you this year.

  1. We want to help your business be successful. Every member of my WOWO local sales team will focus on your success. 
  2. We don’t just sell advertising schedules.  This relates to #1.  We want to partner with you and learn & understand your marketing, advertising and overall business needs and goals to craft a plan that we all agree on for the long run.
  3. You are experts in your business.  We are the experts in ours.  It’s how we became the number one radio station in not just Federated Media, but in all of Fort Wayne with over two dozen radio stations.
  4. We work as a team.  This is one of the things I am most proud of regarding the WOWO local sales team. Tracy, Rob and myself have made ourselves available and are lending ideas, experience and expertise to Andrew and Blake who are completing their freshman year with WOWO.  Now that Chris is back, he too is contributing to the collaboration that goes into the planning process for our advertising partners.  We also have learned some ideas from Blake and Andrew too!
  5. We will be honest with you and only make recommendations we believe are in the best interest for you.  Want to sell Jordon’s on WOWO? We’ll connect you with one of our other stations unless you are a vintage collectors store that sells stuff our listeners would buy.
  6. Advertising Partnerships.  That is our goal. We want to create a bond between you and our listeners and it takes a commitment from you and us to make that work.  If you want to “test the WOWO waters” with just a short term advertising schedule, you are not likely our ideal advertising client.
  7. Flexibility. Or as I said last year, Pivot.  Doing business in 2021 requires that we all do things differently than we were at the beginning of 2020.  Yes, we can do Zoom meetings. Yes, we can change your message when circumstances change.  Yes, we can… was our motto last year and it still is.

Ready for our help?  Contact me: Scott@WOWO.com

Why WOWO is the Best Choice for Advertising (Part 3)

Why WOWO is the Best Choice for Advertising (Part 3)

As we move toward a new year, many business owners are attempting to figure out the best bang for their buck when it comes to marketing and advertising.

If you are in the Northeast Indiana region, specifically Fort Wayne, Indiana and nearby communities and you want to invite adults age 25 and older to buy from you, become your patient, or client, I urge you to contact me and my team at WOWO radio.

Marketing Charts dot com released a couple of articles that I’m going to use in the 3rd installment of my series this year of Why WOWO Radio is the Best Choice for Advertising.

About half of US adults say they trust the information they receive from reviews of products or services from other users or customers.

Also in this study, less than 25% of us, trust TV advertising.

One big trend that companies have been relying on is using Influencers on Social Media who have thousands of followers to convince their followers to buy the products they pitch online.  According to the study that marketing tactic only works on about 15% of us and nearly half of us distrust these so-called influencers.

Follow along with me as I relate this information to the capabilities of WOWO radio.

Besides WOWO having the largest weekly audience of adults, our news and talk format means our listeners are actively listening to the words our radio personalities are saying, compared to a music station that has passive listenership because music is often used as background music.

At WOWO, our morning news host Kayla and afternoon talk host Pat have the ability to connect with their audiences much more deeply than any other form of media as they share not just the latest news but also their personal lives too.

They have built a trust relationship with their listeners.

Imagine if that trust relationship could be transferred to your business. That would be incredible.  Pat and Kayla and the other WOWO radio personalities become friends with their listeners and in the same manner that you trust your friends to make recommendations, WOWO’s listeners trust them too.  I call it Word of Mouth with a Bigger Mouth,

Yes, many of the businesses that use WOWO also use Kayla or Pat testimonial endorsement ads and are seeing the benefits.

Now there was another article that confirmed the power of a host doing a live ad.

Host-read ads were also found to outperform non-host-read ads on several key marketing metrics. Most notably, they were found to produce some 60% higher intent to seek information, a 50% higher intent to purchase, and 50% higher recommendation intent. Additionally, host-read ads produced 67% higher affinity and 33% higher familiarity than non-host-read.

The data I just shared pertains to podcasts, but it is both reasonable and acceptable to apply this to WOWO.

Not every business qualifies for a testimonial endorsement from Pat or Kayla on WOWO.  When you contract with WOWO for this type of ad, you are category exclusive.  Ask me or my team for details on this.  We actually have a waiting list for some categories.

 

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Why WOWO is the Best Choice for Advertising (Part One)

Why WOWO is the Best Choice for Advertising (Part One)

Today I’m kicking off an occasional series of Why WOWO Radio in Fort Wayne, Indiana is the Best Choice for Advertising Your Business. I am calling it an occasional series because, every few weeks I’ll add another article interspersed with the other articles I share each week on this website and the Genuine ScLoHo Media & Marketing Podcast.

While just this year I was named the General Sales Manager for WOWO radio, and this is my 7th year working for WOWO, I’ve been writing and publishing these stories and insights for over 15 years.  Pretty soon, I’ll have my 20th anniversary of returning to the media and marketing world in Fort Wayne after having worked in radio in Detroit and other places too.

Recently Marketing Charts.com published a story on the “Graying of America” that caught my attention. I’m a young Baby Boomer and for most of my life, I was part of the most sought after demographic for advertisers.  I was part of the Pepsi Generation.  Until I turned 55 that is.

See, in my work in advertising, the desired demographic was either the 18 to 34 year olds when the Baby Boomers were that age, and then more recently 25 to 54 year olds were the hot target market.

When the advertising guru’s followed the Boomers in to middle life with that initial switch, many of them forgot what they were chasing.  As the Boomers got older, the advertising people stayed with the 25-54 year olds which was foolish.

Why?

Because the age 55 and older people in America are not the same as their grandparents were when they were in their 60’s.  We didn’t turn into a bunch of grumpy old men and women sitting around playing checkers and reminiscing about the good old days.  We blew that stereotype sky-high.

Boomers have more money, more free time, more overall freedom and they’re not sitting around waiting to die.

Coupled with the misconception of what Boomer are doing, the advertising people ignored the fact that the younger generations are smaller.  That’s what this story from Marketing Charts dot com points out.

Over the past 10 years, since 2010 the number of pre-teens has been going down, so has the teenage population and college crowd.  There has been 11 percent growth in the 25 to 34 year olds, but less than 2% growth in the 35 to 44 age group.  45 to 54 year old population had a big loss of over 9% in the past decade. So if you are targeting your advertising to 25 to 54 year olds today, there are statistically fewer of them.  That mean less people to buy your stuff than a decade or two ago.

When you compare that with the growth of the older population…

55 to 64 year olds grew in size by over 15%; 65 to 74 year old grew by  almost 45%; and even the 75 and older crowd grew by more than 20% in the past decade.

Clearly the Baby Boomer population is still alive and kicking, and not just dying off.  Some Boomers parents are very active in their 80’s and 90’s.

WOWO Radio has been the most listened to radio station for adults age 25 and older for years and admittedly the biggest chunk of our listenership was age 50 and older.  But we’re not our grandparents.  We’re upgrading our lifestyles, socking it away for retirement one day and living longer, healthier lives than previous 50, 60, and 70 year olds were.

One more statistic I noticed this summer from our most recent ratings survey was that the WOWO Radio audience is becoming more diverse.  We are also getting younger listeners, those between the age of 25 and 50 have grown in the past year.  Another trend is the ratio of men and women listening to WOWO Radio.  We used to be 60% guys and 40% women 10 years ago.  Today it’s nearly 50/50.

Let’s wrap this up with a few more facts and figures from the Marketing Charts report.  Baby Boomers have more than 54% of the nations wealth, and if you add it the money from the next older generation, that’s where 75% of the buying power is in America.  These people are also the least affected by the fall out of COVID-19.   And these are the WOWO Radio listeners.

There you have it, Part One of Why WOWO is the Best Choice for Advertising.  Contact me to get started with a campaign to marketing your business.

 

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Radio To The Rescue

Radio To The Rescue

What advertising and marketing medium should I use right now, is a question I hear all the time and especially now.

As you know, I have spent the majority of my life in the radio business, starting out as a teenage disc jockey and then 10 years later moving to the business side in advertising and marketing.  I also have walked away a couple of times and learned out to drive a forklift and run a plastics thermoformer for a living.

I also left the radio business a couple of times to work in the online world and know a thing or two about website development, social media and digital marketing.  I even have spent time in the print business working with newspapers and magazines.

In 2013 I joined WOWO radio in the advertising sales department and this year was named our stations General Sales Manager after a nationwide search.  I have a few other credentials but let’s get to what I really want to share with you.

During the stay-at-home orders that many states have mandated for the health and safety of our people, the common thought was people would be watching a lot more television. That was initially true with a growth of about 30% for broadcast and cable TV.  But then two things happened.

The TV studios ran out of shows as their seasons were cut short because of the social distancing rules and so fresh dramas, comedies and the reality shows had to either go on hiatus or create a version of their former selves.  Streaming services with no or limited commercials were the real benefactors.  Even the TV news networks are losing viewers due to Corona Fatigue.  With the change of seasons and warmer weather, more people are getting outside in a safe, social distancing manor.

The newspaper business has really been hit hard.  Locally we just saw the end of a nearly 200 year newspaper which was slowly dying over the past 20 years.  The afternoon newspaper in Fort Wayne at one time had 60,000 subscribers had shrunk to under 13,000 nearly a decade ago and finally ceased publication as a daily and became a one or two page insert in the morning paper and did an online version too.

Last month both papers used the Coronavirus as an excuse to furlough many of their staffs and pulled the plug entirely on the former afternoon paper.  As a former paperboy as a kid, it was sad to see.  Unless they figure out a way to make money fast, the morning paper will be history too.

So what about the radio business?  Like the newspaper business, if a radio station was struggling to stay afloat before the pandemic, that are really hurting for revenue now.  My station, WOWO radio was not in that position and is not now.  We have seen listenership increases and advertisers looking to increase their advertising if they are open or hold the course of they are not open.  Not all of our advertising partners but most of them, the smart ones want to stay connected to our listeners.

Here’s a quote from one national study:

The longer the coronavirus lockdown continues, the more people are spending more of their time with audio entertainment. That’s according to the media buying agency Mindshare, which has been tracking consumer behavior since the pandemic began sweeping the globe last month. The latest data finds nearly a third (31%) of Americans say they are listening to more radio than prior to the coronavirus outbreak.The new numbers, collected last week by Mindshare’s U.S. Consumer Insights team, also show the longer people are stuck at home, the more likely they are to be boosting their radio listening. In other words, the longer the stay-at-home orders disrupt typical media habits, the more the number of Americans who say they’re spending more time with radio than in the pre-pandemic period goes up.

Among Mindshare’s other latest findings:

  • 51% of Americans have limited their time on media because they don’t want to read any more news about COVID-19. That includes 70% of Millennials.

  • 80% of Americans are likely to support a brand that has taken action and helped communities impacted by COVID-19

And another report says:

Nearly 90 million Americans own smart speakers as of January 2020, a 32% increase from a year earlier and 85% higher than in January 2018.

I have seen WOWO radio’s streaming listenership surge during the pandemic and with a third of Americans now owning and using Alexa or Google Home, radio stations like WOWO are benefiting and that means you as one of our advertising partners will also benefit from this increased listenership measured in both more listeners and listeners spending more time listening to WOWO every week.

There are so many creative ways my team has been able to work hand in hand with our advertising partners, I invite you to reach out and let’s come up with ideas for your business to take advantage of the WOWO Radio Advantage during this special time.

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