Is it true that
radio advertising is expensive? How much are the real costs of advertising with
radio stations? And most important of all, which radio stations to advertise
on? What price range should you be paying for an ad on the radio and how many
times should you air your ad?
There are two
essential issues to keep in mind when advertising on the radio; one is the
content of the promotional message you want to convey and two, the station to
choose as well as the hours you decide to air the commercial on.
Promotional
messages are extremely important and must be prepared to have the maximum
impact and attract the right kind of public. Creating a radio ad that will drive traffic to your business is extremely
important to the advertising process. Although you may be tempted by offers
radio personalities and DJs may propose, these are not likely to be any help to
you. These personalities are not experts in marketing products or services and
lack the experience you need for an effective promotional message.
Creating an animated radio
commercial is easy for a DJ, but he or she cannot offer you an ad that drives
traffic to your business. Effective radio advertising has to be created with
specific strategies in mind in order to get the maximum response from the
public.
Well, now for the costs.
Averagely a radio commercial will cost you around 500 to 1000, depending on
the time it is on air and the length of the advertisement. Cost will also
depend on who is speaking out the ad and the quality of the production
services.
Next, you will have to choose
the right radio station for your kind of ad. This will depend which stations
your potential clients are likely to be listening to. When searching for a
radio station you will need to consider your potential clients interests,
hobbies, beliefs, age and income level. Once you have found a possible radio
station your next step will be to decide on the time of day your radio
advertisement should go on air. Then you can start asking about prices, using
tools to see who reaches the target audience best, such as cost per point, cost
per thousand etc.
If the prices are not
competitive then ask for a better proposal. Remember to ask about added value,
because although it can be time consuming to ask all the radios what price they
offer it is worthwhile for the end result is a good price for an effective
radio ad. The costs for advertising can be as low as 4 per 60 spots and as
high as 850 per 60 spots depending on what city you are advertising in. The
only strategy you can adopt if you live in a big city where radio advertising
cost more is to try competition leverage between the radios you are interested.
If you do your research work thoroughly, then you can get some good prices for
radio advertising.