The following article will explore how your brand can benefit from radio advertising as a marketing medium. This article will also point out some of the disadvantage factors to consider. Having the full picture of the advantages and disadvantages of radio advertising will allow you to choose the best option for your brand.
Table of content:
- Introduction to radio advertising
- The advantages of radio advertising as a marketing tool
- The disadvantages of radio advertising as a marketing tool
- Conclusion
Introduction to radio advertising
The radio was invented in the late 18th century by Italian creator Mr. Marconi. Back then it was more commonly referred to as a wireless telegraph and later became known as radio or radio stations.
It is obvious that radios looked way different years ago and were used for different purposes. By 1922 people started realizing its potential for other purposes and the first radio advertisement was aired over A New York radio channel. This gave way to a whole new way of marketing to the consumers.
In many cases, radio seems to determine certain buyer habits and form specific consumer trends. Radio channels are often hosted by local celebrities, and personalities people trust and enjoy listening to. Listeners often choose their chosen channel based on which hosts they’ll listen to. Businesses should take advantage of this traditional advertising tool. Radio holds a variety of advantages, showing the value it has for any brand. Like all things good, radio also has certain aspects that may not suit all advertising material. We’ll continue to explore this in the next section.
Don’t fear when disadvantages are near
Many people perceive disadvantages as something negative, especially when they appear in titles, and don’t do any further research when they see these misinterpreted words. We argue differently. Disadvantages don’t necessarily mean something is bad; they simply mean that it might not be the best option for your brand. Luckily we’ve got the information to advise you on the right path. By exploring both the positive and negative aspects of a marketing medium you’ll be able to determine whether it’s a tool you should consider.
Why are there advantages and disadvantages to radio advertising
In many instances advertising can be a guessing game, we don’t always know how consumers will react. Although many traditional advertising mediums have proven track records and statistics going back decades to back them up, marketing your brand can still be a daunting task. Buyer habits are ever-changing and consumers tend to change the way they interact with a brand overnight. Consumers usually base their buying choices on things such as current trends, word of mouth, and their available budgets. Even if this sounds daunting, in the case of radio, the advantages luckily far outweigh the possible or potential disadvantages.
Let’s compare the advantages and disadvantages of using radio advertising as your next marketing strategy, after it all you’ll decide for yourself.
The advantages of radio advertising as a marketing tool
The radio boasts 6 key advantages showing its value for your brand’s marketing journey. Selective targeting, improves brand awareness, provides measurable results, is budget-friendly, reaches the masses, and is a connection to other marketing mediums. Although this is far from all the positive aspects you’ll get from a radio advertisement campaign, it is more than enough to prove its effectiveness.
Selective targeting
It is very important to choose your radio station wisely. Not all consumers listen to the exact same radio channel every day. Broadcast radio allows for tailoring and localizing messages to each targeted audience. Markets are divided into demographics, psychographics, regions, events, and genres to target specific groups. Your advertisement will cater to one of these markets and the right audience will get to enjoy your advert.
Increased brand awareness
Here repetition is key. This is vital for any business, more so if you’re a newcomer or local entrepreneur looking for your brand’s big break. The BRC estimates that over 30 million South Africans listen to the radio. Having your advertisement play live on a popular radio station will expose your brand’s voice to a wide demographic and different buyer personas. An advertisement repeated over a specific timeline will increase your visibility and make consumers aware of who and what you are.
Easy-to-measure results
At the end of your advertising campaign on the radio, you’ll be able to track consumer engagement. Many radio stations will give you access to their monthly listener data or at the very least provide you with a detailed report of how their audience engaged with your advertisement.
You won’t have to guess whether your marketing funds went to the right purpose. A detailed summary of your advertisement campaign can give you great insight into what steps to take next. Should you continue with the same message or switch things up with a new jingle.
Budget-friendly
A radio advertisement is one of the more cost-effective marketing tools to use. Amongst all the traditional methods, radio has a much lower production cost. In addition to saving on the production of your advertisement, you can put the funds towards more real-time on air. Radio channels all offer competitive rates and tailored made packages to suit your business needs. You’ll be able to get exactly what your business needs.
Massive reach
As we’ve mentioned earlier in this section, radio caters to millions of listeners daily. Although you’ll be able to target one specific audience by choosing your channel and advertisement type you’ll still reach a large number of consumers that might have never engaged with your brand before. South Africans spend hours in their cars, office cubicles, and kitchens every day. Most of these spaces have access to their favorite radio channel, make sure you are where ever they go with a well-executed radio campaign.
Connecting with other marketing platforms
Covering all your marketing bases is key for your brand’s longevity. This is why radio is such an effective marketing medium, it works well with other platforms as well. Facebook pages, Instagram profiles, and e-commerce sites are all other marketing avenues you should explore. If you have a Facebook page that lacks engagement, a radio advertisement can be a great way to entice listeners to visit and even follow your profile. You’ll be able to grow your other platforms by adding radio to the mix.
The disadvantages of radio advertising as a marketing tool
The advantages and disadvantages of a radio advertising campaign both hold valuable information. There are some cons to consider even though it is a very effective marketing tool. These disadvantages are there so you can avoid common mistakes. Many businesses start a marketing campaign without doing the necessary research. By knowing what you want to convey to consumers, who you’re targeting, and what you want your results to look like you’ll be able to spot the common errors early on and learn from your mistakes. Even with a few disadvantages, radio advertising remains an effective way of marketing your company. Advertising on radio has three common disadvantages, or as we’d like to call it, errors to avoid.
Radio is used for background noise
Commuters often use radio ad background noise to distract them from the traffic they are stuck in or the long roads ahead. Make your advertisement stand out from the top hits and presenters’ banter, and don’t let it get lost in the noise. Make your advertisement stand out from the crowd.
Not all time slots are valuable
Some slots are more effective than others and listeners tend to tune in at times when something new is being taught. Radio channels will usually guide you to the best option as an alternative, the PlaceMyAd team can act as your trusted middle man to ensure you get the on-air time that your brand deserves.
Radio goes away
What we mean by this is simple. A radio advertisement is not necessarily a tangible piece of paper or item that you can save for later as soon as it plays on the radio, meaning the audience will have to listen up and take note. This is why it is essential to keep your advertisements short and sweet, have a clear call to action and only convey what the listeners really need to know at that moment.
In comparison to the countless benefits you’ll receive from a radio advertisement, these disadvantages pale in comparison.
Conclusion
Radio advertising has proven its value. The advantages that you’ll get from a radio advertising campaign can greatly boost your visibility and engagement with consumers. It is true that there are some cons to watch out for, but the statistics speak for themselves. Radio remains an effective means of marketing your brand to the thousands of potential new consumers just waiting to try new and exciting products. The advantages and disadvantages of radio advertising can add value to your marketing strategy.
We understand that advertising can be a daunting task for any business, this is why the PlaceMyAd team is ready to assist you whenever you need it. Contact the team of experts today and get your marketing wheels turning.