Transcript Document
Radio. It’s On. RADIO A mass medium delivering audio content to passionate and loyal listeners across multiple platforms RADIO TODAY Personal Mobile Social Local Live Interactive Radio Experiential RADIO. IT’S ON. On Air On Line On Target A mass medium capable of easily delivering your message to many people Digital capabilities offering interactive opportunities An environment that delivers consumers who are engaged and passionate about the content Targetable assuring the right people are exposed to your message Complements and enhances on air campaign by reaching consumers using multiple touch points Offering companionship and information A trusted medium and always available especially during times of crisis Delivers content wherever and whenever listeners want it Exposure to the message when and where consumers are ready to buy or shop 244 Million P12+ tune in to radio every week Source: Nielsen Audio, RADAR 121, June 2014 (Persons 12+, Monday-Sunday 24-Hour Cume Estimates) RADIO’S REACH 92% of Americans 12+ every week Source: Nielsen Audio, RADAR 121, June 2014 (Persons 12+, Monday-Sunday 24-Hour Weekly Cume Estimates) HIGHER REACH VS. OTHER MEDIA OPTIONS 93% Adults 18-34 91% 78% 79% Watched Any TV Past Week (M-Su, 5a-2a) Watched Any NonPremium Cable Past Week 46% Listened to Radio Past 7 Days Read Any Newspaper Past Week Source: Scarborough USA+, Release 2 2013 USA Adults 18-34 Spent Any Time on Internet Past Week HIGHER REACH VS. OTHER MEDIA OPTIONS Adults 25-54 94% 86% 82% 85% 52% Listened to Radio Past 7 Days Read Any Newspaper Watched Any TV Past Watched Any Non- Spent Any Time on Past Week Week Premium Cable Past Internet Past Week Week Source: Scarborough USA+, Release 2 2013 USA Adults 25-54 HIGHER REACH VS. OTHER MEDIA OPTIONS Adults 18+ 94% 86% 82% 85% 52% Listened to Radio Past 7 Days Read Any Newspaper Watched Any TV Past Watched Any Non- Spent Any Time on Past Week Week Premium Cable Past Internet Past Week Week Source: Scarborough USA+, Release 2 2013 USA Adults 18+ CONSISTENT TIME SPENT WITH RADIO Even Among Heavy Users of Other Media 11:08 6:31 10:51 6:11 6:23 2:04 P12+ Heavy Radio Listeners Radio Time Spent 2:12 2:07 Heavy TV Viewers Heavy Internet Users TV and Internet Time Spent Source: The Infinite Dial 2013 – Nielsen Audio, Edison Research Hours:Min MORE TIME SPENT THAN EIGHT OTHER AVAILABLE MEDIA LISTENERS CHOOSE RADIO OVER FACEBOOK THE SOURCE FOR MUSIC DISCOVERY % Who Ever Use Each Source to Learn About and Keep Up-To-Date With New Music 75% AM/FM Radio Friends/Family 66% YouTube 59% Pandora 48% Facebook 39% Music TV Channels 33% Information/Displays at Local Stores 30% Apple iTunes 30% SiriusXM Satellite Radio iHeartRadio 20% 18% Music Blos 14% Spotify 14% Source: The Infinite Dial 2014 – Edison Research / Triton Digital Base: Those saying it is “Very Important” or “Somewhat Important” to Learn About and Keep Up-To-Date With New Music (47% of total P12+ population) THE GREATEST “SHARE OF EAR” RADIO IS THE TOP IN-CAR DEVICE 86% of drivers cite radio as their primary in-car entertainment device Source: The Infinite Dial 2014 – Edison Research / Triton Digital AND THE MOST USED IN-CAR DEVICE % Using “Almost All of the Times” or “Most of the Times” in the Car AM/FM Radio 58% CD Player 15% MP3 Player/Owned Digital Music 13% Satellite Radio Online Radio 11% 6% Base: Driven / Ridden in Car in Last Month, Age 18+ Source: The Infinite Dial 2014 – Edison Research / Triton Digital CONSISTENT AUDIENCE TUNE-IN Over 151/4 Hours Per Week M 18+ Nearly 131/4 Hours Per Week Source: Nielsen Audio, RADAR 121, June 2014, (Monday-Sunday 24-Hour Weekly TSL Estimates) W 18+ TUNE-IN TIME HIGHER AMONG HISPANIC AND AFRICAN AMERICAN LISTENERS 14.8 Hours 14.7 Hours 14.4 Hours African American listeners and Hispanic listeners (versus General Market, P 25-54) Source: Nielsen Audio, RADAR 121, June 2014, (Monday-Sunday 24-Hour Weekly TSL Estimates) TECHNOLOGY DELIVERS RADIO BEYOND THE DIAL Technology has expanded Radio’s delivery platforms to create an interactive, engaging and highly communicative environment FM-ENABLED SMARTPHONES Over the next 3 years 30 million phones will have an FM Chip To date, over: • 500,000 app downloads • 9,300 FM radio stations tuned to from the app • 550,000 hours of listening through NextRadio Source: NextRadio + TagStation Insights Source: NextRadio + TagStation Insights TRENDS Source: NextRadio + TagStation Insights 22 RADIO’S DIGITAL OFFERINGS ARE STEADILY INCREASING Streaming Over 7200 streaming stations in 2014 Podcasts 39MM Americans have downloaded a podcast in the past month HD Radio Over 19 Million HD radio receivers are in the marketplace Source: Inside Radio / M Street Corp., 2014; No Canadian or Mexican stations are included (HD Radio stat from iBiquity/HD Radio Alliance, 2014); The Infinite Dial 2014 – Edison Research / Triton Digital THE BATTLE FOR THE DASH All major auto brands will offer factory-installed HD Radio Technology during calendar year 2014 185+ Brands with HD Radio Technology 166 Vehicle Lines with HD Radio Technology 154 HD Radio as Standard Equipment 109 86 76 67 90+ 61 36 28 21 16 2010 2011 Source: iBiquity 35 33 2012 2013 2014 124 Million P12+ have listened to online radio in the past month (am/fm streams or internet only streams) Source: The Infinite Dial 2014 – Edison Research / Triton Digital ONLINE RADIO LISTENING COMPLEMENTS BROADCAST RADIO 82% 18% % of weekly Online Radio listeners who listen to Broadcast Radio (versus those who do not) Source: The Infinite Dial 2013 – Nielsen Audio, Edison Research BROADCAST RADIO LISTENED TO MORE BY PURE-PLAY LISTENERS 19.1 12.7 Pandora Listeners Non-Pandora Listeners Hours Per Week Sources What Pandora Means for Radio, Vision Critical, November 2012; Base: American online adults, aged 18+ ; Sample: 1,017 American adults; of these, 323 identified themselves as Pandora users (used an Internet-only audio service in the past month; and at least sometimes use Pandora) 27 LISTENERS TAKE THEIR AUDIO ON THE GO • On-demand content delivering sports, music, information and entertainment downloads whenever and wherever the listener wants it • 66% of Smartphone users listen to online radio every week • 55% of listeners said they listen to their favorite personalities on computers or mobile devices when away from a radio • Tablet and Smartphone users over-index for weekly AM/FM radio listening Source: The Infinite Dial 2014 – Edison Research / Triton Digital; USC, Annenberg School for Communication & Journalism, PSI Study Released June 2012, Woodley, P. and Movius, L. People With a Favorite Radio Personality in LA; Scarborough USA+ Release 2 of 2012 EXPANDING THE TWO-WAY DIALOGUE • Applications like Facebook and Twitter allow listeners to publish audio, receive song and station event updates • Expanding the listener and station relationship • 70% of people with favorite Radio personalities follow them • Databases and outbound texting ability remain a source for targeted marketing by advertisers Source: USC, Annenberg School of Communications & Journalism, PSI Study Released June 2012, Woodley, P. and Movius, L RADIO DOMINATES THE 9 TO 5 WORKDAY 48% BROADCASTRADIO RADIO BROADCAST Internet 43% Television 36% Newspaper Magazine 22% 15% % of media time spent per day Adults 25-54 Source: GfK MRI – MediaDay Doublebase 2013 (Fieldwork 2012-2013/Doublebase Respondents) weighted to population. Base: Adults 25-54; Daypart: 9AM-5PM How to read: 48% of Adults 25-54 tune in to radio during the 9-5 workday. REACHING LISTENERS OUTSIDE OF THEIR HOME WHILE THEY ARE LISTENING IN CAR 91% 88% 87% All Demos Gen Y Source: GfK survey done for the Consumer Electronics Association, 2013 87% Gen X Baby Boomers AND THROUGHOUT THEIR BUSY DAY CLOSEST TO THE POINT OF PURCHASE STRONGEST PRE-SHOPPING MEDIUM LEADING INTO 2PM PEAK SHOPPING HOUR INLFUENCING WHERE TO SHOP FOR CARS INFLUENCING HOME IMPROVEMENT PROJECTS RADIO ADS DRIVE ACTION, BEHAVIOR AND RESPONSE Visited advertised restaurant 43% Visited advertised store 41% Attended advertised event or performance 40% Talked about the ad or product with others 39% Watched advertised TV program 38% Recommended advertised product to others 28% Visited advertiser’s website 28% Called the advertised product or store 16% Base: Visited a Supermarket, Department Store, Retail Shop or Restaurant in Past 24 Hours Source: The Infinite Dial 2013 – Arbitron, Inc. / Edison Research RADIO SPARKS BRAND CONVERSATION RADIO IMPROVES MARKETING OBJECTIVES Drives ROI Drives Traffic Drives Interaction • Target’s Healthcare campaign targeting empty nesters resulted in: • 6% lift in prescription purchase intent • 12% lift in over the counter medication purchase intent • 28% lift in brand advocacy • 6% lift in brand affinity • Cracker Barrel used an on-air endorsement program to promote seasonal menu items and the launch of new salads. Campaign delivered: • Increased store traffic • Sales exceeding client expectations •Six Flags used an integrated radio campaign to support their annual “Fright Fest” Halloween-themed event and experienced: •Record attendance and revenue for the event •Record season pass sales for that time of year •Significant increases in both web traffic and social media buzz Visit RAB.com for additional case studies REACH INCREASES WHEN RADIO IS ADDED TO A TV CAMPAIGN MORE RADIO BOOSTS CAMPAIGN ROI Reallocation of existing ad budgets to give Radio 20% share of spend increases overall campaign ROI by 8X Source: Radio Advertising Bureau UK – 2013 AN EMOTIVE MEDIUM A POSITIVE ENVIRONMENT TO DELIVER AD MESSAGES 46% 49% To get into a better mood 33% Hear things that make you laugh Relax & unwind when tense 36% 35% Take your mind off problems Get an energy boost 31% 29% Keep you company when alone Add to the fun when with other people Source: Mark Kassof & Co. ListenerThink; based on an online survey of 989 listeners 18-64 DRIVEN BY AN EMOTIONAL CONNECTION TO RADIO PERSONALITIES 82% 79% Listen longer to the radio stations because their favorite personality is on the air A personal, parasocial interaction with their favorite radio personality 70% Follow their favorite personality/radio station on social media 72% Talk to their friend about their favorite personality or program content 70% Consider radio personalities to be a good or best friend or companion* Source: USC, Annenberg School for Communication & Journalism, PSI Study released June 2012, Woodley, P. and Movius, L. People With a Favorite Radio Personality in Los Angeles; *Alan Burns “Here She Comes” 2012 online survey of 2,010 women 15-54 in May 2012 NO COMMERCIAL SKIPPING • 2011 highlights 93% retention • 2006 highlights 92% retention • No time shifting • No below the fold • No load times Sources: 2011 Nielsen Audio, Media Monitors, and Coleman Insights RADIO WORKS FOR THE CONSUMER AND THE ADVERTISER RADIO. IT’S ON. On Air On Line On Target A mass medium capable of easily delivering your message to many people Digital capabilities offering interactive opportunities An environment that delivers consumers who are engaged and passionate about the content Targetable assuring the right people are exposed to your message Complements and enhances on air campaign by reaching consumers using multiple touch points Offering companionship and information A trusted medium and always available especially during times of crisis Delivers content wherever and whenever listeners want it Exposure to the message when and where consumers are ready to buy or shop