Radio Going Digital
The impact of digitally delivered media continues its rise, providing both opportunity and challenges to traditional radio broadcasters. This was confirmed by Jacobs Media’s Latest techsurvey 10.
In this survey, media habits of 11 different format core audiences listening to 199 radio stations in the U.S. & Canada, along with five generations from Boomers to Millennials, in all 37,063 were interviewed in January 2014, different patterns of consumption emerge.
Here are some of the key findings from Techsurvey10:
Core radio listeners going digital: Survey shows that three-fourths (75%) own a smartphone, while more than half (51%) carry a tablet. And now more than half (55%) stream audio at least weekly, an increase of 22% from 2013. Radio apps are popular among smartphone & tablet owners, led by Pandora (63%) & iHeart Radio (39%).
Average Listening and Platform: 95% tune in daily. Compared to a year ago, 90% say they’re listening to the same amount of radio – or more, though the number of people listening to Radio for 1 hour or less is increasing. Many respondents are now actively accessing station content on digital channels. When asked to recall their prior week’s listening to the station that sent them the survey, 17% of all broadcast radio consumption is occurring on digital channels – via computer and mobile streams, as well as on other sources. That goes up to 29% for Sports Radio. The younger the generation, the more reliance there is on digital platforms to enjoy broadcast radio.
Annoying Commercials: Gen Y and Z consumers are the top generations for mobile music streaming applications like Pandora, iHeart, iTunes, TuneIn etc. they are also the most critical of their commercials stating them to be annoying.
Connected Cars: 19% of respondents say their vehicle supports a system like Audi Connect or Ford SYNC. Similar to last year, half (50%) say the lion’s share of their radio listening takes place in cars, especially progressively younger consumers.
Social Media and Share: Of those with a social media profile, 95% are on Facebook. And of those, nearly three-fourths (73%) visit at least daily, making Facebook’s “regularity” nearly five times greater than the nearest social networks. But Generation Z indicates their Facebook engagement is waning and being replaced by more time spent on Twitter, Instagram, and Snapchat.
In this year’s study, the percentage of those who frequently share online content via social, web, and email sources has doubled. Now more than one-third (34%) say they frequently share compelling content, a huge opportunity for great stations and personalities. Women and Millennials are most apt to profile as “serial sharers.”
Personal touch: Three in ten (30%) respondents indicate they listen more to stations that interact with them, especially women and members of both Generations Y and Z
Data collection: Radio has an opportunity to collect much-needed user data and improve, as more than seven of ten (72%) “streamies” say they’d be willing to provide basic information digitally in exchange for accessing station streams.
Best source for new music: A majority (51%) of those interested in new music designate radio as their go-to source. While Gen Z respondents are also choosing YouTube and Pandora to find out about new music and new artists, broadcast radio also leads in the areas of artist access and listener trust when it comes to music consumption.
Key Takeaways for broadcasters:
• Due to the digitisation of listening habit, radio is now not only competing with other radio but also with digital music streaming competitors.
• Broadcasters should take Social media seriously as it can be the best source to acquire digital listeners.
• Measuring the digital listeners, gathering data about their listening behaviour, platforms etc. and accordingly modifying digital strategies is a must.
• When it comes listener to loyalty and emotional connection, traditional radio has the advantage of giving that personal touch (human element) which should be utilised for maintaining relationships with their listeners.
• Digitisation of streaming gives an advantage of gathering information about the listeners such as age, gender, location etc. and this information can be used to provide the listener with relevant geo-targeted audio advertisements thus removing the annoying factor and providing best ROI for the advertisers.
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Exaget Team
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Exaget Week In Review: Mobile Marketing & Radio Listening via Mobile Phone
May 15, 2014
Triton Digital® has released its monthly Top 20 Ranker for March 2014. The Ranker is a listing of the top-performing digital audio stations and networks measured by the Webcast Metrics® audience measurement platform. Webcast Metrics is accredited by the Media Rating Council.
The adoption of smartphones is clearly taking off throughout every age group, but while mobile marketing is presenting a tremendous opportunity, marketers continue to struggle to discover exactly which tactics should be used to make sure that they continue to connect with mass audiences.
A mobile-first advertising strategy is already in place by many companies looking to reach their customers where they’re actually active. Whether you’re focused on Facebook advertising, banner ads, marketing your mobile app or looking to drive greater brand awareness on multiple mobile channels, it’s important that a portion of your advertising spend is allocated to mobile marketing.
A new study of January data by comScore and Millennial Media reveals that among 15 Internet content categories, streaming radio is (by far) the most mobile.
Amazing Video Infographic by IABUK – three lessons for advertisers on how to make the most of Mobile Marketing
RAJAR Q1 2014 Data Released
Here’s this week’s round up:
Triton Digital Releases March 2014 Top 20 Ranker
Audience rankings are done on the basis of “Average Active Sessions”, with “Session Starts” and “Average Time Spent Listening” also displayed. Rankers are divided into “Domestic” and “All Streams.” The “Domestic” Ranker quantifies listening done inside the U.S. based on log-based information provided by the station, this report is not MRC accredited. The “All Streams” Ranker merely verifies the quantity streams without qualifying where they are being consumed, and is MRC accredited
MOBILE MARKETING IS REACHING MILLENNIALS
A recently released report from The Intelligence Group has shown that the “Millennials” generation is particularly open to receiving mobile marketing ads and promotions, and are among the most likely to engage with brands by way of their smartphones and other portable gadgets. That said, the report indicated that as that group continues to mature, marketers will need to keep on top with their evolving expectations.
10 mobile marketing statistics to help justify your budget
Mobile, as a marketing channel, can no longer be ignored and must be addressed in order to succeed. To accomplish this goal and defend your decision to apply some of your spend to mobile marketing, use these statistics to support your budget allocations…
Streaming radio is the most mobile content category (comScore/Millennial Media)
The report notes that mobile-only use of Internet content grew nine times faster than overall Internet use, year-over-year. Crossover use (percentage of users using both PCs and mobile devices) grew from 63% to 70% during that time.
IAB RealView – infographic video
An animated video that pulls out the key findings from IAB RealView research project. The video includes three lessons for advertisers on how to make the most of marketing via mobile.
RAJAR DATA RELEASE | QUARTER 1, 2014
18% of adults – claim to listen to the radio via a mobile phone or tablet at least once
per month. Up 43% Year on Year. 32% of 15-24 year olds – claim to listen to the radio via a mobile
phone or tablet at least once per month
If you found this week’s update interesting feel free to join our mailing list or donate a share, like or tweet. Subscribe to our newsletter to get our update into your mailbox. If you are a broadcaster, or advertiser and are interested in learning how targeted audio advertising can work for you get in touch.
Exaget Team
Twitter – @Exaget
Facebook – Exaget