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RADIO CASHES IN ON LOVE

June 23, 2011 – 2:01 pm No Comment

MatchLink is a singles dating network that served the radio industry for many years. The Evanston, Illinois company Spark Network Services provided an IVR-based dating service to radio stations. Radio listeners called a phone number and paid to interact with other singles through a sophisticated voice mail system. Payment was made through credit card or a 900 number. Some stations were earning a half million dollars per year with the service.

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Marketing your Station with Social Media

Submitted by on March 31, 2010 – 1:22 pmNo Comment

by Eric Corwin
Impact Target Marketing

The state of radio today is such that most broadcasters have little or no marketing budget to promote their stations. Sure there is the station’s airwaves, but preaching to the present listeners alone is not enough to help you gain the ratings advantage over your competitors. Let’s discuss some of the “no cost” and “low cost” options to help you affect your ratings.

A social media strategy can increase ratings

Let’s talk a little about your station’s social media strategy. Do you have one? What is the goal? If you’ve set up a Facebook page and are Tweeting, good for you. The real opportunity lies in your ability to understand how to increase the size of the group or the number of followers and create effective ways to engage present and potential listeners using social media.

Here are some of the things you need to focus on when executing an effective social media strategy designed to increase ratings:

Give the power to your audience
Keep content fresh and engaging
Make contests fun
Develop fan only content
Leverage great content so they will share
Leverage holidays and events
Listen to your audience
Give users tools to become advocates
Engage users with simple polls
Use fan pages for acquisition programs
Engage users on your wall with good questions

Done correctly your social media strategy can impact your ratings but you have got to use the right tools with compelling content to affect station awareness and usage.

Whether you market your station or not it will cost

Everything that you do or don’t do to market your station requires some form of cost. If you implement a well thought out social media plan your biggest cost is time. You’ve got to commit one or more individuals to the process of creating engaging content. Then they have to push that content to as many social media sites as possible.

If you can not market your station using external marketing solutions like direct mail, telemarketing, television, cable, etc then you are reducing your chances of successfully increasing your station’s ratings. If you don’t have the financial resources to market then your ratings and revenue will suffer—an obvious statement that bears repeating.

Click here for more information on social media for radio