Why WOWO Radio Will Outlast The Naysayers

Why WOWO Radio Will Outlast The Naysayers

NewsTalk 1190 WOWO Radio in Fort Wayne, Indiana is going to be 100 years old soon.  Despite the most recent doomsday report that AM and FM radio stations would be obsolete before WOWO hits 100, I’m here to present some real reasons that the report is both right and wrong.

Broadcast radio is struggling to remain relevant as consumers embrace streaming platforms, according to a groundbreaking study that examines the disruption to radio caused by digital services.

These trends are crippling radio, which is witnessing historic declines in its audience and its relevance to listeners and advertisers. To survive, radio must innovate, learn from other media, and take control of its path forward into the third decade of this century and beyond.

That’s the intro to a 30 page report that says radio stations like the ones I work for are going the way of the phone book.  Here’s a direct link to the entire report if you want to really dig in.

A dozen years ago, I was making the same prediction. Music radio was going to be a thing of the past.  At the time I worked with legendary Fort Wayne WXKE Radio Icon Doc West and Doc knew the answer to the problem of music radio stations losing listeners to streaming services and satellite radio stations. Live and Locally Relevant. That was the mantra that Doc used to stay at the top of the heap of radio personalities back then.

WOWO radio used to be a music station when I was a kid and the most listened to radio personality before Doc West was Bob Sievers. His morning program on WOWO had 90% of the available audience tuned in.  Farmers for the farm reports, kids like me, waiting to hear the weather, well, actually the school closings and everyone else listened to Bob on WOWO to know what was going on.  Bob and WOWO were Live and Locally Relevant.

My reason for predicting the demise of AM & FM radio back then was the digital age as auto manufacturers were adding internet to their vehicles.  More options for drivers to listen to their favorite music.  I knew it would be an evolving change, simply because it would take time for these internet connected cars to replace the older vehicles.

Your Car, a “radio on wheels”

But then something else has kicked in that I didn’t foresee. The Internet of Things.

The IoT as it is called is the interconnection of stuff via the web that we didn’t need to have connected to the web previously.

The ability for your phone to respond to voice commands was a preview of what we have now with Alexa and the other digital personal assistant devices that are becoming common place.

But back to my headline for this story:

Why WOWO Radio Will Outlast The Naysayers

WOWO radio and our sister stations at Federated Media are embracing the digital age. They were the first in Fort Wayne to jump in and offer the radio programming to listeners on what ever digital platform the listeners wanted.  Then they went a step further and began producing content that goes beyond what you can get by listening to the AM & FM radio signals.  Podcasts, Videos, and plenty of on-demand content that you and I can read, watch or listen to when we want, where we want.

Listen to what you want, when you want

Our music stations, in Fort Wayne including WMEE, K-105 and 98.9 The Bear have been Live and Locally Relevant for decades!  WOWO Radio with our News and Talk format for the past 20 years has a couple of national talk shows in the middle of the day, but every 30 minutes, we have Live and Locally Relevant news updates.  Fort Wayne’s Morning News with Charly Butcher starts the weekday and afternoons with the Pat Miller Program, bookend each weekday with Live and Locally Relevant programming.

In case you still need another antidote as to the importance of local media, during tragic events like Hurricane Harvey, it was the local Texas radio stations that were the dominate source of information. Television isn’t portable but radio is.

But what about the radio audience overall?  Is it shrinking?

After the report from the naysayer, two more reports came out to counter his claims.  You can read them here and here.

But what I care about and so do the businesses I work with who use WOWO Radio to advertise by inviting our listeners to become their customers, is what is the state of radio listenership in Fort Wayne Indiana?

I researched it for this story.  I have access to the Eastlan radio surveys from 2013 thru today that measures radio listener habits every 6 months in Fort Wayne.

Between 2013 and 2017, the total number of people age 12 and older who listen to a radio station in Metro Fort Wayne has grown by 25,000.

Boom.

Mic Drop.

396,000 weekly listeners in the spring of 2013.

421,000 weekly listeners in the spring of 2017.

How’s WOWO doing?  Every survey that I have access to (including before 2013) show that WOWO radio continues to lead the pack with over 100,000 listeners every week, and 98%+ are grown ups.

In about 8 or 9 years WOWO will be celebrating a century of service.  Now is the right time to join the other advertising partners who benefit from being on WOWO.  Contact me to find out how.

How to Use Habits to Buy Advertising

How to Use Habits to Buy Advertising

Today, a common sense approach to buying advertising that nearly anyone can figure out. You can out smart the media buyers at the advertising agencies if you simply consider How to Use Habits to Buy Advertising.

I used to work with media buyers from advertising agencies that were taught how to crunch numbers from data collection and rating services and figure out the perfect number of ads to run to come up with a winning formula.

Now they don’t even have to crunch those numbers, it’s all done for them with proprietary software that does the math and spits out the formulas.

However those kinds of systems are flawed.  And many media buyers don’t know the process or they wouldn’t use the systems.

I’m going to delve into the rating systems of radio and television since that is the data I have access to.  Nearly any form of media marketing including digital, print and well, you name it have similar complicated systems that are supposed to be better than what you and I can come up.

Those systems are flawed because they put too much emphasis on questionable numbers and they would routinely tell me things like, I need to place 19 commercials between 3 and 7pm to have the same results as 2 commercials between 10am and 3pm on a certain radio station.

Bizarre stuff, really and I’m not going to bore you with the details of how the software came up with crazy stuff like that.

But I’m going to show you how to beat these systems and be smart.

We are creatures of Habit.

Think about the last few days.  You have your workday morning routine before you leave the house.  You have your workday evening routine before you doze off at night.

Pretty predictable right?

We all follow routines

Your workday has certain routines too, I bet.  Expand this thinking about routines and you’ll see patterns of media and advertising consumption based on our habits.

The key is to understand the habits of the types of people you want to reach with your advertising and then place your advertising messages where and when those people will see or hear them.

The advertising salesperson should be able to tell you something of value about the audience or readership of their advertising medium.  Stuff like age, income, and other useful demographics to see if there is a connection between them and you.

Once you determine it could be a good fit, then you need to figure out how many ads and where exactly they should be placed.  We call this Reach and Frequency and I’ll share more about this in the future.

But for now, the take away is that you can be pretty smart about your advertising by simply thinking about the routines of your current and potential customers.  Armed with that knowledge, you can Use Habits to Buy Advertising.

Want help? Reach out to me.

 

 

 

Is Your Business Homeless?

Is Your Business Homeless?

Today we’re going to talk about your business credibility, or at least a part of it.

Is Your Business Homeless?

Before the internet, most businesses had what are known as brick and mortar locations, a storefront or at least a physical location. There were some exceptions, but for the vast majority of businesses, your physical location was a key component of establishing credibility.

Then the internet came along and has slowly been changing our world. I recall the Windows 95 computer operating system and dial up internet connections that used a hardwired telephone landline to connect to the World Wide Web and it was pretty cool to be visit websites from that big clunky computer at home.

Enough reminiscing, those were not really the good old days of the internet. Although every month I run into business people who are seemingly stuck back in those days.

Your business needs a website.

I’ve been saying that for over a dozen years.

There are some businesses that still don’t have a website.

Your business not having a website is the equivalent of your business being homeless.

If your potential customers cannot find you online with a simple Google search, your business does not exist.  Say you are a plumber. If I ask Siri to find me a plumber and you don’t have a website, according to Siri, you don’t exist, but your competitors do.

Personally my phone is not an iPhone but an Android and I can talk to it and it does the same, maybe better than Siri.

For those of you who are stubbornly resisting getting a website for your business, you might as well sell your business to someone who will bring it up to speed before your business dies a slow agonizing death.

Next, I want to talk to those of you who have not updated your website in the past 5 years.  Your business may not be “homeless” online, but your business presence is most likely obsolete.

You are not alone.  I see dozens of outdated websites every month.  This is hurting you more than you realize.

First off, if I find your business website and it looks dated, you are losing credibility simply because of the first impression your old website presents. Even if you are the very best at what you do, if your website looks like it hasn’t been kept up to date, I don’t know if your business is trustworthy.  This judgement call isn’t even a conscious one we make.

Another way your old website is hurting your business credibility is that Google and the other search engines will penalize your business website if it does not meet the standards that they deem are important.

Google uses two primary criteria to decide which webpages show up when we search and one of those is the technology that powers your website.  Starting in April 2015, if your website was not mobile friendly, Google began rolling out an algorithm that made your site less visible to people searching for what you offer.

Right now Google is in the process of another algorithm update for those of us that use the Chrome browser which is powered by Google.  If your website does not have a security certificate, Google may warn and block users from visiting your business website. This is used as an assurance that any information we give a website is securely managed.

Please, if you have not updated your business website to make it secure and mobile friendly, make that a priority.

Before we wrap this up, I want to address those of you who are attempting a work-around, and avoiding having your own website and instead relying on Social Media accounts like Facebook to be you online business presence.

It’s not legit.  It’s not a real website and it’s not adding to your business credibility. Besides, since you don’t own Facebook, Facebook can basically do what ever they want and change the rules of how you can use their platform.  It’s all in those pesky “terms of service” updates that all of us, me include ignore and blindly agree to when they come our way.

Yes, Social Media including Facebook is recommended for most businesses, but only in conjunction with your own up to date, secure and mobile friendly website.

Want to talk about this or need more details?  Let’s connect.

You can also listen to this as a podcast each week:

The Stupidity of Advertising in the Super Bowl

If you are a local business that bought advertising time on your local Fox TV affiliate to air in the 2017 Super Bowl, I’d like to talk to you about the money you wasted.

If you are a business that bought advertising time on the Fox TV Network for the 2017 Super Bowl, you better have deep pockets and a helluva follow up plan.

Anyone who spends a million bucks for 30 seconds of air time is bordering on crazy.  And I heard that 5 million was the price for a half minute on Fox this year.

But this article is about the locals, not nationals.

Why am I so down on advertising during the NFL championship?  After all, isn’t this the big daddy and the place to be so “everyone” knows about your company and brand?

That was true about 20 years ago.  But today, no.

We have seen a huge growth in viewing options recently and the number of choices to watch this years Super Bowl is greater than ever.  I can watch online, on various subscription channels or my favorite watering hole.

We also have the option to not watch football and to watch anything else.  I have not watched an entire NFL game from start to finish this season and so this will be the one and only game I will watch.

I could have written this article 20 years ago with the same title, “The Stupidity of Advertising in the Super Bowl” and left out 90% of what you just read.  Here’s the real reason I think spending your advertising money to be in this game is dumb:

You’ve blown a big chunk of money on an ad that is going to be forgotten.  You can’t compete with the national advertisers for production quality.  Odds are your TV commercial is going to be seen in the 3rd or 4th quarter and depending on how the game goes, viewership will either drop or stay steady. If it’s a blow out, then less people will be paying attention.

Look, most people are not going to take action and spend money with you because your business was on TV during the Super Bowl.   Unless you have a consistent plan that uses the principles of both reach and frequency, you are one and done.

When I watch the game, I’ll be taking note of the local businesses that though advertising in the Super Bowl was a good idea.  Then I’ll reach out to them this month and help them develop a winning strategy for the whole year.  If they have any money left.

If you are one of those local advertisers and you are offended by what you just read, then let’s talk and I’d love for you to show me and educate me.

If you are a local advertiser who bought commercials in the game because it sounded like a good deal, then perhaps you could use a marketing coach.  I can help with that too.

Is There A Generation Gap In Marketing?

Do different generations consume and respond to marketing messages differently?

It’s a question that deserves examining and the big question, Is There A Generation Gap In Marketing?

On one hand, I am not typical of my generation and on the other, I fit in perfectly.

I’m a child of the 60’s and 70’s.  My kids are children of the 80’s and 90’s.  I sometimes forget about the generational differences because I forget either how old I really am or how young they (and their peers) really are.

As usual what often prompts these articles are a series of events that are unrelated but build on one another and this month the topic was Millennials.

Can you count the 4 generations?

Can you count the 4 generations?

My media habits have changed but so have nearly everyone’s due to technology changes.

The dominance of traditional mass media that reached huge percentages of the population at the same time is gone.  The traditional mass media consisted of broadcast TV networks that you would watch without having to pay a cable or internet or data fee for (namely ABC, CBS, NBC, PBS & Fox); Local radio stations (Fort Wayne had no more than 10 and only 3 or 4 dominate stations), and the daily newspapers.

First came the internet revolution and then the smartphone revolution and now we truly live in a different world.

Instead of only being able to reach a mass audience with your message, you can also reach a very targeted audience with your message.

Instead of having to choose from two TV shows that are on at the same time on different channels, I can watch them when I want, where I want and on whatever device I want.

Forget about reading the printed newspaper.  I get my news, even my local newspaper news online.

Radio for me is still a pleasure to listen to, but the number of stations I have available is now close to 30 and if I had satellite radio in my car, my choices would be in the hundreds.  All new vehicles sold in the last few years have offered internet options to replace my radio and on the same token, my favorite radio stations have made themselves available for me to listen to online where ever I go.

The phone book was replaced by Google and I could go on and on, but I risk sounding like an old fogey.

I don’t want to go back to the old days.  Instead I want to help people of the older generations adapt to the marketing options that are now available and at the same time, help the younger generations understand the timeless marketing principles that apply no matter what the advances are now and in the future with advertising delivery methods.

At one of the meetings I was at that inspired this article, there was a young man who was a little too passionate about digital media and overselling it to the detriment of traditional media.  Because I work in both, I plan on meeting with him to see what’s what.  I hope to expand his thinking, not to sell him on the traditional media, but to help him understand the limitations of all media and R.O.I. measurement.

It is true that there is a Generation Gap in Marketing.  Take a look at some numbers from a report I read about Small and Medium Business marketing:

In order to better understand SMBs current marketing strategies, Magisto surveyed 500 U.S. based small and medium sized businesses about their digital/mobile marketing strategies and tactics. Key findings in the report continue.

  • Millennials spend 58% of their marketing budget on digital media; Baby boomers spend only 14% of their marketing budget on digital media, making millennials 3X more likely than baby boomers to spend the majority of their media budget on digital advertising

  • Nearly half 41% of millennials spend the bulk of their marketing budget on mobile media. Less than 10% of baby boomers rely on the same media

and from that same report:

According to eMarketer, 2017 will be the first year in history that digital media ad spending surpasses television ad spending.

When I was in my late 20’s and 30’s the marketing world was also changing and everyone of us, no matter what our generation or age, need to be fully aware of how these changes can impact your business.

Want help figuring all this out?  Contact me.