Experts like to pretend that older technology is dying out in favor of the new. But it's far more likely that the old technology coexists alongside the new one because it fills a niche the latest technology can't completely fill.
One of these old, but not dead, technologies is radio. Understanding why people listen to the radio will give you a better understanding of how to use radio spots for marketing.
The last 10 to 20 years have seen an explosion of new technologies. Satellite radio was one of the first on the scene, although it took a while to catch on. These radio stations are broadcast globally and offer music options that range from those comparable to what you might find on AM/FM radio to more obscure, carefully curated stations.
Online radio stations like Pandora started cropping up as high-speed internet access spread nationwide, but smartphones made these streaming services far more viable since suddenly users could take their music on the go. Apps such as Spotify and Google Play transformed how we listen to music.
Experts predicted that these options would swiftly replace radio, yet radio stubbornly holds on.
Digital streaming and satellite radio seem like more attractive offerings, so why do people still prefer radio?
Radio has changed, but rest assured it still has the market penetration it always has. It continues to be a powerful tool for marketing, and a well-placed radio spot can do wonders to boost a brand's profile. Savvy marketers should take advantage of radio's local nature. This allows you to carefully select your market, especially when combined with an understanding of a station's demographics.
You can also leverage the most popular radio personalities and shows in your area. For instance, if there's a morning show with a charismatic host, you'll piggyback off the popularity by running an ad during that time – and you'll also manage to target an audience of adults on their way to work.
So, is radio dead? No. Instead, it's just evolved for a new era. And many of the reasons why people started listening to radio in the first place continue to be why people still listen. Radio spots remain a powerful addition to any marketing arsenal.