October 7th, 2009 → 12:42 pm @ Richard
Online Radio Stations?
Due to their size and ability to reach niche audiences, they tend to attract a much more targeted audience than mass market, traditional radio stations.
Potentially…
This makes advertising on them an attractive proposition to marketers who target niche groups. Moreover, most Internet radio stations will also create podcasts of popular shows – recorded versions that can be downloaded and listened to at any time – creating an added attraction.
The natural starting point is an Internet search to find stations that suit your target audience. Ideally you will find stations that combine information relevant to your niche with a relevant audience. If you sell widgets, it might make sense to advertise on Widget Radio – unless, the only people who listen to Widget Radio are widgets makers like you.
Like any traditional station, online stations should be able to provide you with key demographic information about their listeners. Study this info and listen to the shows before going any further.
Depending on the outcome you want, you can choose between audio ads, onsite advertising (like banners or text links) or sponsorship. Budget permitting, you can combine sponsorship and audio ads with banners and buttons to increase visibility, CTR (click through rate), retain attention for better conversion and ultimately, increased ROI (return on investment).
One of the most attractive aspects of internet radio advertising is the simple fact that your customers are only a click away to your website. Not only can this significantly increase your ROI but it also allows exact, detailed tracking of results. By carefully measuring what works – and what doesn’t – you can more effectively plan your marketing.
Taken together, the targeted listenership, ability to combine visual and audio advertising and detailed tracking possibilities make internet radio an attractive alternative that could give you a leg up on the competition.
Online Radio Listenership Figures
“In any given week, 8.1 million people listen to radio via the Internet, either live or through a Listen Again service, and 1.87 million listen to a Podcast.” Source: Rajar/Ipsos Mori
In America alone, the number of people watching less TV and spending more time on the internet has grown by more than 400% in the past few years and more than 50% of them have consumed streaming media. Source: Rajar/Ipsos Mori
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Tags: Advertising Network, Effective Advertising, How to Buy Leads, Online Lead Generation, Online Marketing Services, Online Radio, Qualified Lead Generation, Target Marketing
