rob molhoek - hope media
TRANSCRIPT
Audiences Cumes (000s)
4100000
3506000
1597000
1265000
21590002364000
932000
1379000
1886000
2805000
716000
4400000
1300000
commercial radio (Cumes)
Sources: Commercial Radio audience information taken from Nielsen Radio Survey #9 2009 (All People Aged 10 +, Cumulative Audience, Monday to Sunday, 5am to Midnight). Christian Media audience information taken from CBAA McNair Ingenuity Radio Research – Nov 2008 (All People Aged15+, Weekly & Monthly Cumulative Audience, Monday to Sunday, All Listening)
Sharing
• Ideas & Concepts
• Resources & Production
• Sales Proposals & Scripts
• Sales People & Presentations
Minutes
Spots
Hours
What we Have
• X minutes per hour – 2 x 30 seconds per minute
• Y demand hours each day – (5am to 7pm)
• Z spots per day – (5am to Midnight)
• 5 weekdays + weekends!
• Fluctuating Demand and Utilisation
What it’s Worth
X x 2 x Y x 70% = Ze.g. 5 minutes X 2 X 19 x 365 days x 70% = 48,545
Target Income ÷ Z = Average Rate e.g. $2,500,000 ÷ 48,545 = $51.50
Across the Day!7
0,0
00
| 3
3%
X 2.1 5
3,0
00
| 2
4%
X 1.2
63
,00
0|
29
%
X 1.4 7
5,0
00
| 3
5%
X 2.0
14
,00
0 |
6%
÷ 2
BR
EAK
FAST
5am to 9am
MO
RN
ING
S
9am to Noon
AFT
ERN
OO
NS
Noon to 3pm
DR
IVE
3pm to 7pm W
’EN
DS/
EVEN
ING
7pm to Mid
Reverse Thinking
• Set the Target $$$
• Establish Industry Monthly Average
• Calculate Number of People
• Fund Start-up Phase
Cost of Sale
TYPICALLY 35 to 50% LOCALHigher the Risk the Higher the Reward• Commission only | generous at 40% to 50%
Create JOB – Just above broke• Salary or Retainer + Commission scale at 15%
TYPICALLY 25 to 30% NATIONAL
Discipline & Accountability
• The more people you see the more sales you’ll make!
• 8 to 15 decision making sales calls a week
(meaningful revenue producing calls)
• 70% of appointments set by 5pm Friday each week.
• Never leave without a firm answer or follow-up appointment to come back for one!
• Coffees and Follow-up calls don’t count!
• People only respect what you inspect!
What Sponsors Want
• RESULTS & ROI• BIG IDEAS • GREAT CREATIVE• PROFILE or EGO• PARTNERSHIP• ASSOCIATION with
SOMETHING BIGGER• GREAT SERVICE & CARE• WHAT THEY PAID FOR
• BAD SERVICE
• BAD ADVICE
• POOR PLACEMENT
• LIES & AVOIDANCE
• INCONVIENIENCE
• LAME COPY & PRODUCTION
WHAT they WANT WHAT they DON’T WANT
PackagingThirty (30)
Seconds
Reach n FrequencyModules of 14 x 30 per week + Fillers
BTA100 X Cheap
Annual Contracts
Command & Control
Weekend
20 x 30 x 52
Impact65 x 7days
30 x 30
Agencies
Saturation
10 per day
30 days
Overnighters
3 + 3 x 365
Realistic Pricing
MarketCategory
Market Examples
Market Size
PublishedRate ROS
AVERAGEREAL RATE
TYPICAL CPM
One Sydney, Melbourne, Brisbane, Vision 2 million Plus
$100.00 $35 $0.14
Two Adelaide, Perth 1 million – 2 million
$65.00 $18 $0.15
Three Gold Coast, Newcastle 500,000– 1 million
$24.00 $15 $0.42
Four Hobart, Wollongong, Geelong 250,000 –500,000
$20.00 $14 $0.56
Five Gippsland, Albury Wodonga 100,000– 250,000
$10.00 $10 $0.76
Six Mt Isa, Riverton, Mt Gambier Under 100,000
$10.00 $8 $2.66
Characteristics of Successful Sales People
1. Most Demanding on Resources 2. Drive Good Cars, Dress Well, Highly Geared 3. Always Prospecting 4. Well Connected and Networked5. First in - last to leave 6. Self Learning7. Take work home regularly8. Won’t take No for an Answer9. Make most Face to Face Calls 10. Results Focused, Always Find a Way
Research Terms
SHARE vs REACHSHARE of ALL Listening
REACH of ALL Listeners
AVERAGE AUDIENCENumber of people typically
listening each Quarter Hour of Day
CUME or REACH
All those who tuned in and tuned out!
TSLAverage Time Spent
Listening each week. Hope 103.2 | 14hours
Why aren’t we included?What commercial radio don’t want to admit!
Other Fm
Share12%
ABC Combined
Share 23.8
Other AM
Share 4%
All Commercial
Shares 60%
Use of Survey Data
Always Qualify your claims:
Source &
Characteristics
Code of Ethics
(Source) Nielsen Sydney Radio
Survey #1, 2009 McNair Ingenuity Radio
Listenership Research, July 2009
(Characteristics) ALL people aged
10+, Cumulative Audience,
Mon to Sun, 5am to Midnight