Marketing Your Station is a PDF of materials from a one-day workshop for personnel from local radio and TV stations.The same presentation is available with embedded links through my website, BrainSnacksCafe.com.
2. By the end of the day you should be able to:
• apply universal marketing
concepts to your station
• envision several probable
futures
• be prepared to exploit
different marketing tools to
fit different futures
Today’s goals
Spring 2015
3. Marketing is …
Carefully carving your target market, then
• crafting and renewing the best offering
(product & price) for them,
• delivering the offering to them (place) in
appropriately dynamic ways,
and
• communicating this offering so as to
maintain relevance (promotion).
4. The MATRIX
To AUDIENCE(S) To ADVERTISERS
Programming
( Product)
format, news
community
vigor of audience
connection
Delivery process
( Place)
OTA, webcasting,
streaming
analytics,
consulting
Communication
(Promotion)
social media,
traditional media
sales
Cost
(Price)
commercials, fees rates
of Broadcast Station Marketing
5. The Future of Your Radio Brand
Mark Ramsey @ HIVIO 2014
8. The marketing planning
process
Where are you now?
Where do you want to go long-term?
(vision, goals, and strategies)
What are you going to accomplish this year
to move closer to the long-term vision?
(annual objectives)What actions will help you
accomplish the objectives?
(tactics & tasks)
How will you implement, track &
evaluate results?
(performance measures & metrics)
Source: Linda Gorchels, The Product Manager’s Handbook.
9. The marketing planning
process
Where are you now?
Where do you want to go long-term?
(vision, goals, and strategies)
What are you going to accomplish this year
to move closer to the long-term vision?
(annual objectives)What actions will help you
accomplish the objectives?
(tactics & tasks)
How will you implement, track &
evaluate results?
(performance measures & metrics)
Source: Linda Gorchels, The Product Manager’s Handbook.
11. The marketing planning
process
Where are you now?
Where do you want to go long-term?
(vision, goals, and strategies)
What are you going to accomplish this year
to move closer to the long-term vision?
(annual objectives)What actions will help you
accomplish the objectives?
(tactics & tasks)
How will you implement, track &
evaluate results?
(performance measures & metrics)
Source: Linda Gorchels, The Product Manager’s Handbook.
12. Do station personnel agree on programming
decisions, and on the right balance between
commercials and content?
13. Nonnegotiable Differentiator Exciter
Tolerable Dissatisfier Enrager
So What? NA NA
Basic Discriminator Energizer
Positive
Negative
Neutral
How do programs or other parts of
your “offer” affect your audience?
Source: Ian C. MacMillan and Rita Gunther McGrath, “Discover Your Products’ Hidden Potential,” Harvard
Business Review, May-June 1996.
14. Diverse customers and segments
One primary
broadcast
message
Many
narrowcast
messages
Broadcast to narrowcast
15. The marketing planning
process
Where are you now?
Where do you want to go long-term?
(vision, goals, and strategies)
What are you going to accomplish this year
to move closer to the long-term vision?
(annual objectives)What actions will help you
accomplish the objectives?
(tactics & tasks)
How will you implement, track &
evaluate results?
(performance measures & metrics)
Source: Linda Gorchels, The Product Manager’s Handbook.
16. Is there buy-in and support for
learning about and supporting new
technologies and advancements?
17. The marketing planning
process
Where are you now?
Where do you want to go long-term?
(vision, goals, and strategies)
What are you going to accomplish this year
to move closer to the long-term vision?
(annual objectives)What actions will help you
accomplish the objectives?
(tactics & tasks)
How will you implement, track &
evaluate results?
(performance measures & metrics)
Source: Linda Gorchels, The Product Manager’s Handbook.
25. “Brand is not a
product, that's for
sure; it's not one item.
It's an idea, it's a
theory, it's a meaning,
it's how you carry
yourself. It's
aspirational, it's
inspirational.”
Kevin A. Plank
CEO, Under Armour
26. • What image to listeners have of your
station (your brand)?
– Include both rational and emotional
elements
• What value (brand equity) does this
image have for them?
• How do they perceive this brand
compared to the competition (your
positioning)?
• Is this the perception you want, and is
it consistent with your goals?
Ask yourself
27.
28. What are the relevant
benefits?
Saw Stop hot dog
31. The RTDNA/Hofstra University Survey was conducted in the fourth quarter of 2013 among all 1,659
operating, non-satellite television stations and a random sample of 3,263 radio stations
32. The RTDNA/Hofstra University Survey was conducted in the fourth quarter of 2013 among all 1,659
operating, non-satellite television stations and a random sample of 3,263 radio stations.
33. What are the biggest challenges trending
for 2015 and beyond?
34. What opportunities are trending for
2015 and beyond that might be lost if
you don’t act now?
39. Industry
• Consolidation
• Budget constraints
• Talent shortages
• Syndicated programs
• News reporting
trends
• Digital ad revenue
• More digital
competition
43. Source: Nielsen Cross-Platform Report, March 17, 2015
Q1 2014: Weekly Time Spent (Hrs: Min)
A18-24 A25-34 A35-49 A50-64 A65+
On Traditional TV 19:55 23:58 30:10 41:01 48:41
Watching Time-shifted TV 1:54 3:37 4:13 4:17 3:22
Using DVD/Blu Ray Device 0:57 1:34 1:18 1:04 0:39
Using a Game Console 3:48 2:49 1:14 0:25 0:08
Using the Internet on a Computer 5:29 6:12 7:30 5:59 2:55
Watching Video on Internet 2:28 2:11 1:45 1:12 0:23
Watching Video on a Mobile
Phone
0:25 0:16 0:08 0:04 -
Age differences in TV watching
45. Peter Schwartz
Futurist and Author
“The test of good
scenarios is not getting the
future right – the real test
of a good scenario is: did I
make better choices as a
result of having looked at
and understood both my
own environment better
and the consequences of
my actions?”
46. Media 2015: The Future of Media
A report from The Futures Company :http://www.unileverusa.com/Images/FOM_Final_09_tcm23-206938.pdf
Fluid (anytime, any place)
Fixed (sometimes, some places)
Fragmented
Consolidated
TONS OF TWITTER PORTAL OF ME
MEDIA BUFFET TRADITIONAL NEW
MEDIA
48. Think about what
marketing approaches
will be appropriate for
different futures. Can
you add enough
flexibility to your plans
to allow adaptation if
your vision of the
future is wrong?
49. • Thoughtfully adapt universal
marketing concepts to your
station
• Consciously envision several
probable futures
• Creatively exploit different
marketing tools to fit
different futures
In summing up:
50. Just as we routinely upgrade computer systems, we must upgrade our own knowledge systems.
Linda has helped over 10,000 people over a 25+ year period with these educational upgrades,
merging anecdotal client experience with researched “best practices,” and sharing the resulting
insights with managers and executives. After working in the office products, publishing and
insurance industries, she joined UW-Madison’s Center for Professional and Executive Development,
both as a corporate trainer and program director. Now, as a director emerita, she provides
workshops for select clients.
An award-winning author of The Product Manager’s Handbook, she has also written The Product
Manager’s Field Guide, The Manager’s Guide to Distribution Channels, Business Model Renewal,
and Product Management ShortRead Series.
Linda is now a blogger, mystery author and Creativity Curator for her own company, Tomorrow’s
Mysteries, LLC.
Linda M. Gorchels
51. For more information, refer to the following books on
Amazon, follow my blogs, and download several free
articles from my website, BrainSnacksCafe.com.
The Product Management ShortRead Series is a collection of
“bite-sized” (about 100 pages) books on selected topics .
Product Management 101 and Product Strategy & Roadmaps
were published in January 2017.
Creatively Innovative is scheduled for May 2017.