November 2009 Archives

The Advantages of Radio Advertising

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From The Sideroad

Written By: Michele Pariza Wacek

 

In the marketing world, radio has earned the reputation of being the odd step-cousin. You know the one. No one knows quite what to do with him. Especially at family gatherings when everyone tries hard to avoid sitting with him. (After all, who knows WHAT he'll start talking about.)

 

Much of that reputation comes from radio being tough to track. On one hand, radio does work. Businesses do notice an increase in sales when they add radio to the mix. However, radio doesn't test well. In surveys and other tracking methods, radio tends to be the one with the dismal scores.

 

A good friend of mine, who's also a marketing consultant but before that she sold radio for many years, has a theory about that. She says radio works on a subconscious or unconscious level. People remember the ad, but not that they heard it on the radio. So, they tend to credit a different medium for the ad, like the yellow pages. Yellow pages gets a boost while radio drops a few points.

 

Regardless, radio should not be ignored because it does work. And many marketing consultants will probably tell you radio is an excellent medium to reach a local market.

 

However, I feel there are possibilities beyond merely reaching local customers.

 

Internet radio shows are starting to take off in a big way. That means advertising and sponsorship opportunities are also taking off. In addition, "offline" methods have been shown to be pretty effective at driving traffic online. If increasing Web traffic is your goal, using traditional media outlets to increase traffic should be a part of your mix.

 

If people already know you (which they might in your local market) they're more likely to be loyal. And they're more likely to send other customers to your site. Depending on the costs of radio in your community, radio may be a very affordable way to get a good viral campaign going. (A viral campaign is when your customers send promotional items about your business such as e-mails, articles, Web site urls, etc. to their friends and family members.)

 

Below are some other positive reasons to use radio:

 

Affordable

When you compare spot to spot, radio tends to be one of the least expensive media out there. However, one spot ain't going to do it. To reach your target market, you need to purchase several spots. That's why radio can also turn into one of the more expensive media. However, there are ways to keep your costs in line yet still reap the benefits of radio -- for instance, buying less spots but running them all in one or two weeks, so your customers are more likely to hear your message.

 

Psychological, if you voice the commercials yourself

Hearing your voice makes people feel like they "know" you. (Hence the popularity of audio on Web sites. In fact, marketing gurus claim just by adding audio to a site substantially increases how many people buy.)

 

People tend to buy from people and businesses they know and trust. Hearing your voice helps them feel as if they know you. These psychological aspects may be another reason to consider running a few radio ads in your local market even if you have an Internet business.

 

Speed

You can get your spot up and running in no time.

 

Loyalty

Listeners choose stations based on the music or shows they like and they tend to be quite loyal to that station. If you know what your customers enjoy listening to, it's an excellent way to reach them. (I include both music and talk shows in this.)

 

Good support medium

Radio works really well when paired with other marketing mediums (like print, direct mail or television).

 

But for every positive, there's a negative. In the spirit of being objective, here are a few for radio:

 

Background medium

Radio tends to be on in the background, which means it tends to be ignored. Generally, your target market needs to be exposed to your ad more times than other marketing media before they'll act upon your message.

 

Little staying power

The lack of visuals again keeps radio from "sticking" with people. At least, that's what some of the marketing gurus say. But, here again my marketing consultant friend differs. She thinks it's that subconscious thing again.

 

And if you can write a spot that creates pictures in your customers' heads, you can actually work this to your advantage. In fact, according to my friend, if the picture is defined enough, not only will people remember it better, but they'll also think it was a print ad instead of a radio ad.

 

Hard to track

It's impossible to know exactly how many people are tuning in at any given time.

 

A final note: Because radio is subconscious, keep that in mind when crafting your ad. Repeat your business name a lot and any other branding info, so it gets into your customers' heads. Don't put in phone numbers. Instead, purchase a memorable Web site domain name and repeat that. And remember to create "pictures" whenever possible.

 

Creativity Exercise -- How can you use radio in your business?

 

Would radio work for your business? Let's find out.

 

Take out a sheet of paper and a fun pen. (I'm partial to gel pens.) Draw a line down the center.

 

On one side, put the header: Why advertising on radio is a good idea for my business. On the other side, put the header: Why advertising is a bad idea for my business.

 

Now pick a side and start writing down reasons.

 

You might be more comfortable starting with the side that's easiest for you. Then when you work on the other side, you can simply turn the reasons around.

 

For instance, let's say you started with the bad idea. One of your reasons was: My product is completely visual. You could turn it around by saying "Because my product is so visual, I'll have to work harder to create pictures in my customers' minds. And because the customers create their own pictures, they're more likely to remember them."

 

Or what if you started with a good idea, and one of the reasons was: "Because my business is local." You could turn it around and say "Because radio is holding me back -- I'm only reaching this local market." (Ah, now I'm even going against what I said earlier. Maybe with this statement you could look for ways to get your customers to spread the word outside the area about your business.)

 

As you saw by my last example, you'll be amazed at what comes out when you do this exercise. Even if you don't change your views on radio advertising, you may come up with new and powerful insights to your business.

Call Tracking: Get the Most Out of Every Lead

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Are you getting the most out of every lead? With a toll-free vanity 800 number and call tracking, you will have call data and caller demographics right at your fingertips to ensure that you do!

 

What are the benefits of call tracking?

Call data is the key to understanding which advertising efforts are effective in generating leads and sales. By monitoring tracking reports, you can obtain details on each incoming call.

 

You'll be able to find out exactly where your callers are located, what days and times they tend to call your business, and what advertising initiatives prompt callers to respond.

 

Visit our site to learn more about the benefits of call tracking, and our suite of call monitoring services to access ROI information and make the most of your advertising budgets.

Automotive Digital Marketing

Posted by Ralph Paglia on March 16, 2009 at 12:57am 

 

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Consumers have a 45% higher recall of toll-free, vanity 800 telephone numbers than they do of many car dealer website addresses, and those that do remember web URLs often go on to research a dealer's competition, finds a recent survey.. The first-of-its-kind consumer research (pdf), commissioned by 800response, tested recall of both vanity 800 numbers and URLs in advertising and found that in six out of seven tests, car buyers have an overall higher recall rate for vanity 800 phone numbers.

 

As an example of one recall test, a sample radio ad for a fictitious car dealership, Bayside Auto Sales, featured 1-800-NEW-AUTO as the vanity number, and BaysideAutoSales.com as the mock URL. Survey respondents had a 52% higher recall of the vanity number compared with the URL, despite the fact that the URL was an exact match to the dealership name.


Recall data also demonstrate that vanity 800 numbers are also more memorable than URLs when used in print, outdoor, and broadcast advertising formats.

Researching Competition is First Step

When asked what steps they take when visiting an advertisers website, the majority of consumers surveyed cite "Research the Advertiser" and "Research the Competition, while 800response's research showed similar results to what J. D. Power and Associates has been reporting for Automotive Internet Users (AIU) for the past 5 years,.. Fewer than 10% of car buyers that see a dealer's online advertising say they would communicate with the dealer prior to physically visiting the dealership. J. D. Power and Associates also has been reporting for the past 5 years of studies that fewer than 21% of car buyers who visited a dealer's website before arriving in person on the showroom floor, contacted the dealer in any way prior to their physical visit.

 

Moreover, 800response's examination of multiple industries (auto, home improvement, education and health care) reveals that as many as 40% of consumers research an advertising company's competition as their next step after they leave from their first visit to the advertiser's web site. It is important to note that multiple car shopping behavior research studies show that when a consumer uses certain types of features within a dealer's website, they are far more likely to show up at the dealership in person... These known pre-showroom visit activities are called Key Buying Activities (KBA) by some automotive marketers and others refer to them as Key Performance Indicators (KPI) when used to evaluate advertising campaigns and media placements.

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"The results suggest that advertisers who use their websites as the exclusive consumer response tool risk losing potential customers right from the start, with about one-fifth of consumers citing 'research the competition' as their first step," said Laura Noonan, VP of Marketing at 800response. This brings us to the obvious "Best Practice" conclusion that all dealership advertising should prominently feature BOTH the dealership's easiest to remember toll free phone number, AND a unique and easy to remember URL dedicated and assigned to that campaign. This is further enhanced by placing a different 800 number prominently displayed on the targeted landing page so that marketing managers can differentiate between call volume from the ad itself and call volume generated after consumers visited the dealer's designated campaign landing page.

 

"The higher recall for the phone number over the web address is significant for a business when they look at return on advertising investment. If companies aren't including a phone number in their ads, then they are losing that valuable direct communication with consumers who are already beyond the research phase and ready to buy," said Noonan. Again, the obvious correlative to Noonan's statement is that the phone number used in the dealer's ads, regardless of media channel, should be an easy to remember vanity number for best results.

 

About the study: The survey was conducted online among 1,000 customers by independent research firm InfoS. The advertisements shown to respondents represented multiple industries including automotive, home improvement, wireless, education, and health care.

From Dealer Marketing Magazine

 

Written by Laura Noonan  

Tuesday, October 20, 2009

It's not enough these days to just include your phone number in advertising campaigns. In this current market, you need an edge to get more out of those slashed ad budgets. You have to look at your phone number as a marketing and advertising tool--something that is necessary to include in your advertising strategy--a tool that will improve response rates to your advertisements, drive interested car buyers to your dealership, while also integrating with your lead-tracking and management system.

 

Here are five questions to ask your phone service provider to make sure you are leveraging every incoming phone call to the greatest possible extent.

 

1.  Do I need a special phone line or phone system in order to activate a toll-free or vanity 800 number?

 

No. You can easily activate a toll-free or vanity 800 toll-free number, without having to make any changes to your existing phone system. During the activation process, all you have to do is designate which one of your existing phone line you want the toll-free number to ring to.

 

2.  I only advertise in my local market, not nationally. Can a toll-free number work only in my local region, where my advertising reaches, or do I have to get and pay for national coverage?

 

If you don't advertise nationally and do not want to field calls from all over the country, you need a regional toll-free service. There are providers who offer toll-free vanity numbers on a local or regional basis. During the set-up process, they will work with you to define the area codes that your advertising will reach, and you will receive all calls that dial your toll-free number from within those area codes. You will not receive or pay for calls that dial your toll-free number from outside the defined area codes for your account. 

 

3.  Can I have the toll-free number ringing to multiple dealerships?

 

Yes. There are various advanced routing tools to direct your incoming calls to different store locations in any manner you choose. Advanced call routing options will take care of your business's needs, no matter how sophisticated they may be. You can choose to have the calls ring to the location closest to the caller, have all calls ring to a single location, or prompt callers with a message that lets them select a location.

 

4.  When should I consider using a vanity 800 number?

 

You should always consider incorporating a vanity 800 number into your advertising strategy. Vanity 800 numbers are an integral component of any advertising campaign. They facilitate in branding a business (i.e. Ford dealership using 1-800-NEW-FORDĀ®), and research (and common sense) tells us they are easier for consumers to remember than a 10-digit numeric toll-free number, therefore they improve advertising campaign performance (with more calls), and overall ROI. Vanity 800 numbers are best used in media formats that are temporary for the consumer, like television ads, and outdoor ads. These media formats require an element of memorability, which vanity 800 numbers lend to advertisements.

 

5.  Do most toll-free service providers offer a tracking service as well?

 

Not necessarily. There are toll-free number providers out there who will find and activate a toll-free number for you, but that is where their service ends. It is good business practice to find a service provider that offers additional features like call tracking and recording, so you can optimize your incoming calls by analyzing their origins, capture the caller's contact and demographic information, and record incoming calls for dealership training purposes. Only a provider that offers call tracking and monitoring services can help you build your lead database, and integrate incoming leads with your existing lead-tracking process to contribute to the lead management cycle.

 

The key factors in a comprehensive lead tracking and management system is to know who is calling your stores, when they're calling, why they are calling, and to turn those leads into prospects that become part of your targeted marketing and advertising campaigns, and promotional events. Toll-free and vanity 800 service providers that offer tracking services will help you build a complete lead-management program for your dealership.

 

Ford is a registered trademark of Ford Motor Co. There is no relationship between 800response or any of its affiliates and the aforementioned company.

 

Laura Noonan has 16 years of experience in the vanity 800 number and telecommunication services industry. Email Laura at lnoonan@800response.com for more information on toll-free vanity 800 numbers and call tracking services.

From Dealer Marketing Magazine

 

Written by Laura Noonan  

Monday, November 2, 2009

 

Research Reveals a Combination to Optimize Results

 

This may contradict much of what you've recently heard and discussed at the marketing water cooler over the last few years, but not everyone is going online to do everything under the sun. I know this is not what your SEO consultants and website developers want to hear, but it's true.

 

While the use of the internet continues to rise each year and there are polls that say 75 percent of car buyers use the internet, it is important that prospective new and used buyers have multiple avenues to reach your dealership so that you can achieve your sales goals. For instance, a recent study polled one thousand consumers to measure recall rates of two response tools when used in ads: URLs and toll-free vanity 800 numbers.

 

The results reveal that overall, people have a 45 percent higher recall of vanity numbers than they do URLs. And interestingly, one of the broadcast ads in the study tested recall of a phone number and URL, specific to an auto dealership. Survey results show that respondents had a 52 percent higher recall of 1-800-NEW-AUTO than they did of www.baysideautosales.com.

 

Furthermore, after listening to the radio ad, 40 percent of the respondents stated they would first "research the competition," once they moved on from the advertising dealer's website and only six percent would find the phone number online and call the dealership, or complete an online contact form.

 

An analysis of the recall rates among specific age groups shows that people of all ages have a higher recall rate of toll-free vanity 800 numbers compared to web addresses. For instance, 61 percent of survey respondents ages 18-24 (which may be a significant portion of your target) correctly recalled the vanity 800 number presented in an advertisement, while only 46 percent could correctly recall the web address. Further age analysis reveals that all age groups have a higher recall of vanity 800 numbers:

 

Age Group

Average Higher Recall for Vanity 800 Numbers

18-24 years

32.2%

25-34 years

31.4%

35-49 years

45.2%

50-64 years

62.5%

65+ years

98.2%

 Source: 800response, 2009

 

Survey results suggest that you will benefit from featuring a memorable toll-free number in your advertising campaigns, regardless of the age groups in your target set. So, why limit your audience's choices for contacting you to just your website? Remember, popular television shows such as "American Idol" give people the option of calling or texting a vote for their favorite performer. During the show's season, there are millions of callers dialing into toll-free numbers to voice their opinions, making the phone an important communication device, despite our use and familiarity with websites.

 

Be sure to give future car buyers multiple ways to contact you. Highlight your website and a phone number in your advertising campaigns, and make the phone number easy for people to remember so they don't have to look it up or write it down. You will gain a business advantage by including both of these important response tools in your ads, driving your opportunities for lead generation, reducing your cost-per-lead, and moving more units off the lot as a result.

 

Laura Noonan has 16 years of experience in the vanity 800 numbers and telecommunications industry. Laura can be reached at lnoonan@800response.com.

1-800-NEW-CAREER Case Study

 

Background: A barbering/cosmetology school with three campuses in Texas enrolls approximately 100 new students each month.

 

Client: Director of Admissions & Marketing

 

Challenge: The school's goal was to increase leads and enrollment by 10%. They also wanted a sure-fire way to track the response rates to their advertising campaigns.

 

Strategy: Activate multiple vanity 800 numbers that people could easily recall in order to increase call volumes and track television and radio campaigns, and all other advertising initiatives.

 

  • 1-800-NEW-CAREER for television campaigns
  • 1-866-NEW-CAREER for radio campaigns
  • 1-888-NEW-CAREER for their Web site, and all other marketing materials

 

Results: Since activating the vanity phone numbers, the barber colleges and hairstyling schools saw a 23% growth in the first year. According to the Director of Marketing and Admissions, "The results have been phenomenal. We've surpassed the goals we set for ourselves by 200% once we made the move to using multiple vanity numbers and a call center."

 

To monitor the response to each ad campaign, the Director of Marketing consults the call tracking reports. "I can easily access all of our call data online. Detailed tracking reports tell me what city people are calling from, and I can monitor our unique callers. Now I have a way to accurately report on which media buys are generating the most traffic, and can adjust our advertising campaigns based on hard data."

 

Before the marketing department had access to call tracking data they could not quantify how many calls the school was missing. According to the Director of Marketing, having access to a report of missed calls is a "huge tool."

 

"Activating the Missed Call Monitor alerts tool has brought us many more leads and opportunities. When I receive an alert in the event of a missed call, I send it to the appropriate campus location and our admissions reps are able to jump on it immediately and call that person back."

 

He also shared that his advertising efforts with the vanity 800 numbers are really paying off. "In this economy, more and more people are thinking about a new career and making changes to become their own boss. Our advertising is reaching more of those people, drawing in more leads, and our enrollment levels are increasing every month."

Your Toll-free Prefix Does Matter!

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Engine Ready, a search marketing company, recently created a test to determine if the use of various toll-free prefixes (800, 888, etc) produced different conversion rates, measuring the impact of those different prefixes on call-in conversions and online conversions.

 

Some good insights can be drawn from the study; namely, that the use of a true 800 prefix in advertising does matter.

 

The sample included 18,100 visits to one lead generation site. All visits were from paid search ads in Google and resulted in 2,614 combined call-in and online conversions. The visits were split evenly among four distinct landing pages, each page displaying a different toll-free number. Other than the different phone numbers, the landing pages were identical.

 

Results from the study conclude that the highest conversion rate corresponded to the 800 prefix (the oldest), and the lowest conversion rate corresponded to the 866 prefix (the newest). Thus, the age of the prefix appears to directly impact the call-in conversion rate.

 

Contact us today for more information and research statistics on using "true 800" numbers and true vanity 800 numbers in your advertising campaigns!

 

1-800-NEW-SALES

800sales@800response.com

800response.com

 

A write up of the 800 prefix and SEM study is available at EngineReady.com.

1-800-NEW-DEAL Case Study

 

Background: A fellow wireless dealer recommended the company use vanity 800 numbers with call tracking and recording services to monitor their advertising campaigns. The multi-location wireless dealer has now been using vanity 800 numbers for two years.

 

Client Profile: Texas-based wireless dealer is a market leader in the retail and B2B wireless communication industry, operating 29 retail locations in two states.

 

Challenge: The wireless dealer was placing each store's local phone number in their ads as the response tool. They had to list multiple phone numbers in each ad, and they had no method in place to track campaign performance.

 

Strategy: Highlight easy-to-remember Custom 800 numbers in all advertising campaigns, and use accompanying call tracking reports to monitor campaign effectiveness.

 

800-NEW-DEAL

866-NEW-DEAL

877-NEW-DEAL

888-NEW-DEAL

 

Results: Since activating four Custom 800 numbers, the President of the wireless company says, "We have more control over our advertising campaigns, and can review their effectiveness. With the vanity 800 numbers and real-time tracking service, we can immediately look at the source of incoming calls after a campaign launches, and tie each response back to a specific media buy."

 

He explains how the 800response program helps his business, "Vanity 800 service with call tracking is a beneficial program for businesses with multiple locations in the same area code. Not only can you track campaign results, but you can test the performance of promotions and advertising outlets, and modify campaigns based on actual results."

 

The advanced call routing technology simplified a cumbersome practice, allowing the company to change their old advertising strategy of listing many different numbers, to featuring just one phone number in their ads. The company's President says, "Instead of listing each location with that store's local phone number, we can list just one phone number, and limit the amount of copy and clutter in our ads. And, the Custom 800 numbers are also easier for people to remember than numeric phone numbers, especially in radio and billboard campaigns."

 

The company's district managers also use Call Recording to monitor how employees handle their incoming calls. "We play back the recordings for the staff so they can pinpoint where their sales skills may need improvement. By monitoring the recordings each manager can improve their employee training, which affects the overall customer service experience we deliver," says the company's President.