Maximizing Your Ad Budget with Radio: A How To Guide
Thursday, February 23rd, 2012Radio advertising rates vary significantly across markets in the United States. Rates in any given market will prove to be especially volatile in 2012, an election year in which political candidates will flood the airwaves of key battlegrounds. Marketing departments soliciting rates in a single locality might be shocked by the sticker price of airtime this year.
That’s why for 2012, we at RadioActive Media are advising our clients to implement national radio campaigns. If your company is prepared to service customers all across the country, your marketing department can realize substantial savings and a greater return on investment (ROI) by targeting listeners all across the nation in addition to a desired local market demographic. Just as fast food restaurants offer cost-saving combo meals, purchasing multiple markets at once locks in value.
As with any other business plan, smart businesses are advised to test out their campaigns with a pilot program. While 13 weeks is considered the industry standard to evaluate the effectiveness of a particular campaign, RadioActive Media has developed 6-8 week programs that allow our clients to gauge the effectiveness of ads and track customer interest in real-time.
As a general rule, a radio ad campaign running nationally requires a budget commitment of roughly $8k – $10k per week (depending on placement) to run with the frequency required to garner a desirable ROI. While this is clearly a significant commitment, RadioActive Media’s experience in locating and negotiating the very best possible advertising rates ensures that its clients achieve the results they’re looking for.
With 2012 being a charged political year, now is the perfect time to act, well in advance of the projected political saturation of the upcoming advertising market. Contact RadioActive Media to begin growing your brand!
