By El Long, Planning Director
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November 7, 2019
Radio is a brilliantly effective media type but can often be undervalued and can admittedly be difficult to measure. So, radio, what’s new? Let’s take a look… Anyone who knows me, is well aware that I love a bit of audio advertising having worked for many years at a radio station group and headed up radio planning at a large network agency. It’s not right for every brief (but what is?) and it’s a specialist skill to write a great script for radio (we know some ace people who can help out in that area). Nine times out of ten though, radio can deliver cost effective reach volume against many key audiences, contributing to both short and longer term impact on sales and brand health measures. So why do many advertisers shy away from it? Like a lot of brand advertising activity, the bottom line is that it can be hard attribute and measure direct impact. This is never music to the ears of the finance department – nor helpful when you’re the marketing lead keen to seek budget approval. Growing numbers of people are tuning in to commercial radio Radio in the UK is having it’s finest hour - now reaching its highest ever total audience. The most recent Rajar figures revealed that commercial radio has overtaken BBC radio channels on share of listening for the first time in 23 years! The UK total radio weekly audience now stands at 49 million people, with a whopping 88% of the population tuning in. Within that, commercial radio now reaches 36.3 million. In contrast, the BBC’s total audience has declined from 34.9 million in Q4 2015 to 33 million in the latest figures. Great news for advertisers – the opportunity to reach high volumes of consumers via radio advertising is on the up! Couple this with the increased adoption of digital audio and the popularity of podcasts growing all the time, radio & audio platforms offer a prime opportunity for advertisers to take advantage of. We know it works; the largest advertising brands have invested heavily and consistently in radio over many years, often combining it with other media to gain that holistic multi-touchpoint effect. For me, the confidence in using radio comes from embracing both soft and hard metrics. There has to be a blend between the hard metric of “we spent this and got this back” with softer brand health metrics which you take time to build and to measure impact. RadioCentre have some amazing supporting studies for radio advertising. One demonstrates that digital activity, whilst measurable, has significant weaknesses in areas where radio excels, including increasing brand salience and maximising campaign reach. More importantly; radio sits above all media except TV in increasing profit ROI