Radio advertising has potential
Radio marketer IP-Multimedia is committed to promoting the radio scene.
Radio marketer IP-Multimedia is committed to promoting the radio scene. On October 26, the company is holding its first IP Radio Workshop as a special seminar for radio and sales marketing, with American George Hyde, Vice President of the Radio Advertising Bureau, among others. IP Sales Manager Astrid Tellenbach comments on the opportunities and weaknesses of radio and radio advertising. WW: You are organizing a marketing radio workshop "to promote the Swiss radio scene". Astrid Tellenbach: With a share of four percent in Switzerland, radio as a media genre (still) has a relatively small share of the advertising market compared to other European countries. IP Multimedia has always been committed to the radio genre in order to increase this share. The workshop is intended to contribute to this and to appeal to radio salespeople and sales managers. The two speakers from the USA are known as specialists in this field and will accordingly present the latest trends and report on current developments and possibilities for market development.WW: Everyone is talking about cross-media today. This topic is part of the workshop. What does crossmedia mean in the radio environment?Tellenbach: Radio is a medium that is tailor-made for crossmedia and can be booked excellently with other media. Just think, for example, of the visual transfer that radio has with TV or posters. Contact optimization shortly before the purchase decision cannot be combined so successfully with any other medium.WW: What are the key factors for successful radio advertising?Tellenbach: The main question is: Do I want to do image or sales advertising? With sales advertising, high frequency is required within a short period of time, i.e. many spots in a short period of time. With image advertising, it is rather the length of the campaign that determines success. Sponsoring is ideally suited for this purpose. In any case, the quality of the commercial and its duration play a decisive role. Studies have shown that even cheaply produced and simply presented radio spots are quite successful.WW: How does radio (and radio advertising) hold its own in competition with other media (print, TV, posters, online)?Tellenbach: Radio has decisive advantages over the other media: Timeliness and speed. No other medium can place advertising at such short notice as radio. An example: An insurance company wanted to tell its customers how they could contact it most quickly in the event of hail or storm damage. So immediately after such an event, the corresponding spots were placed in exactly these areas. This cannot be done so quickly with print or TV. In addition, radio is the most used medium during the day and has a very favorable price per thousand contacts.WW: What are the weaknesses of radio advertising?Tellenbach: Radio has not been attractive enough for agencies in Switzerland. The reasons for this, however, have only limited to do with the media genre of radio. For example, at the beginning of 2007, Switzerland will have an RTVG based on European standards. This will make radio interesting for many new clients, just think of beer advertising. In Switzerland, we also have the special feature of the language regions. Another point is that radio cannot be booked directly online like TNC, for example. Finally, there are many political influences in the constellation of radio pools that are inscrutable to advertisers.WW: Does radio advertising still have potential?Tellenbach: Oh, yes. As mentioned, the new RTVG will open up new potential for radio advertising in 2007. In addition, discussions and developments are underway that will bring more transparency to the market. Radio is innovative and modern. IP Multimedia, as the leading marketer of electronic media in Switzerland, is convinced of the potential of radio advertising. This is another reason why we are organizing this workshop.WW: How do you assess the future of radio? Will new digital technologies have an impact on radio advertising?Tellenbach: Radio will always have a high status in Switzerland. At the moment, we are facing an important technological innovation, digitalization. There is a lot of talk at the moment about DAB, HD and other technologies. What will ultimately prevail will have to be seen in practice. It is interesting to note that despite the Internet, the I-Pod and other technologies, radio still achieves the highest reach, and the large private radio stations such as Radio 24, Energy Zürich and Radio Top are still able to make gains. For radio advertising, this will mean becoming more diverse in the future, for example in combination with podcasting or the Internet. This will further increase the opportunities for the medium of radio.Interview (via eMail): René Worni
