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Published byJeffrey Ross Modified over 9 years ago
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Peter McPartlin, strategy director, Carat Ireland The true value of radio in a digitally-centric world
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Your questions How radio can add value for clients rather than dropping rates; How radio can keep prices up when every other media is cutting them; How radio can tackle advertising in print & online and ensure that it is included in the media plan; How to balance the expectations of clients, agencies and auditors alongside the demands of station owners; How is radio valued now by marketing/brand management
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The true value of radio in a digitally-centric world
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The radio sales model is broken
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RECESSION Consumers Retailers Brand owners The Media Agencies
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RECESSION Consumers Retailers Brand owners The Media Agencies On income, spending & sentiment On growth & profits On income & resources On funding for reinvestment in content On marketing investment & shareholder return
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The position of media as a subset of advertising is changing
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The reality for consumers is that Advertising is a subset of Media
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To use more & different media channels, more creatively To engage audiences To win market share To retain & grow customers There has never been so much opportunity for brands
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Talk To Bought Media Talk With Owned Media Talk About Earned Media
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What does this mean for Radio?
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What are clients looking for? Scale Accountability Connected solutions Innovation
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7 CPTCPT PROMOTIONS Share sponsorship peak off-peak AQHAQH local packages national
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You need to reinvent the way in which Radio sells
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Strong brands are created and sustained by the strength of their relationship with consumers. Mark Baynes Kellogg’s Global CMO “ “
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Hearts & Minds New Behaviours
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How ‘contact’, ‘context’ & ‘content’ can be brought together
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Reinvent the way in which Radio sells
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Revamp sales Embrace digital Rethink JNLR Encourage innovation Measure relationships
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Thousands of people, one at a time What radio does well
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Thank you for listening
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The true value of radio in a digitally-centric world
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