Week in Review – June Week 2
This Week in Review shows the serious changes that radio must make on social media in order to keep listeners. Furthermore, we take a look at how Apple will start competing with Amazon Echo and Google Home and we finally see the end of SiriusXM and Pandora’s on-again, off-again deal!
SiriusXM Invest $480 Million in Pandora
Pandora announced on Friday morning that it had secured a $480 million investment from SiriusXM and agreed to sell its ticketing unit Ticketfly to put an end to speculations about an outright sale of the company. The cash purchase of Pandora stock will give SiriusXM a 19% stake in Pandora, which has been on the block for some time. The deal includes a curb to stop SiriusXM’s ability to take over the entire company.
Apple Unveils HomePod Smart Speaker
Apple announced at its annual worldwide developer conference that they will be launching a smart home speaker called HomePod in December 2017. The smart speaker will compete with the Amazon Echo an Google Home devices. The 7in device comes in white and “space grey” and has been designed as a “breakthrough home speaker”.
Survey Suggest Radio Must Engage Better Through Social
A new study from Sprout Social breaks down industries by various social media measures and makes clear that consumers want media and entertainment brands, such as radio, to exude personality on social sites. The report shows that for most consumers, humour, honesty, friendliness and helpfulness are each desirable attributes. Sprout stresses that despite clever content, the act of connecting and responding is “easier and perhaps even more appreciated.”
Mexico is First Country to Require FM Chip Activation
Mexico’s Federal Telecommunications institute has approved a new rule requiring smartphone manufacturers to activate the FM chip embedded in all modern mobile devices. The move comes after months of pressure from the National Chamber of Radio and Television Industry and makes Mexico the first ever country to enact such legislation.
4 Tips to Making a Succesful Radio Ad
June 14, 2017
Radio is the second-most powerful medium in the US, reaching 59 percent of the country’s population each day and reaching 89% of the UK population every week. To drive leads and revenues, radio advertisements are an effective tool for your business – they are cost-effective, measurable and very targeted. Read on to find four powerful tips on creating the perfect radio advert.
1. Know your audience
Knowing your audience is essential, whether you are making a television, print or online ad, you need to know who will be consuming your ad. And this is no different when it comes to radio. Because different radio rations have different demographics, you should be picking a radio station that targets the right audience for you. You wouldn’t put an advertisement targeted to elderly people on a pop hits station, would you?
2. Get your listeners’ attention
It is absolutely necessary that you get your listeners attention in the first three seconds of your radio advert so that they don’t switch the station or mute your ad. You should start your radio ad with a strong opening line and not waste time on long-winded introductions. Get straight to the point without using too many words; most radio slots are very short!
A good way to capture your listeners’ attention would be to start with a funny short story or line to keep the audience listening. Or, maybe start off with an endearing jingle, but be careful – many jingles can be classed as annoying and will instantly turn the listener’s attention off.
3. Use an emotive voice-over
With radio being an audio medium, listeners rely on the tone of the voice to judge emotion. Your voice over speaker needs to perfectly capture the feel of the commercial, whether that is by sounding excited, nervous, or calm. Failing to capture the perfect sound for your ad will result in wasted sales.
4. Never stop testing
You should aim to test your radio ad campaign over and over again to see what works best. A simple way to test what works is by creating, and broadcasting, two different ads and having each ad lead to a separate URL or a different number to call. That way, you can see how many listeners are acting upon both ads.
You should continue testing your winning ad over the next couple of months, trying out different things each time before finding your conversion rates skyrocket!