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This is a NAB radio convention wrap up as I witnessed it….I
WAS THERE!!!
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I shook
hands with outgoing NAB President Eddie Fritts. He is
one great guy, and has done a fabulous job for 23
years. I told him he would be missed, and I hope that
some day SOON we could do some sort of broadcasting
venture together after he is through with his NAB
duties.
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The water
cooler talk I heard from broadcasters was the concern of
the expense of catching up where we should have been a
decade ago. Please read the following points.
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Reference
PPM or some other electronic audience measurement:
Eighty per cent of the attendees I talked to think we
need “something” new. Agencies want accuracy, and quite
a few broadcasters mentioned that the diary was an
antique. This will be costly for the major markets….and
the medium and small markets may be on the diary system
for decades because they cannot afford the added
operational expense….. which adds to the confusion.
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Reference
HD: I talked to a lot of broadcasters who think digital
is the way to go. I talked to a lot of other
broadcasters who wondered if there is enough
sound/quality difference between FM and digital. And
there are no radios to accept the digital sound at this
time. It, too, is costly….a heavy capX especially for
medium and small markets.
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Reference
billing procedures: Most of the broadcasters I talked
to want to continue some sort of electronic billing
procedure. It adds creditability to the industry in the
eyes of agents and clients. This will cost additional
operational funds.
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Reference
ROI: Most broadcasters I talked to welcome any form of
ROI measurement….something the agencies and clients will
accept. These broadcasters know that radio sells
merchandise and services. Go ask a small market
broadcaster and he will tell you all about ROI. This
will cost money.
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Reference
talent training: The general feeling I got is that we
as broadcasters have done a poor job in this area for
the last ten years. Some of the major groups are well
aware of this and are moving forward to find new talent,
and train them. New PERSONAILITY blood is needed. This
will cost money.
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Reference
sales training: There seems to be satisfaction with the
RAB programs, and sales consultants. More of this will
happen. This will cost money.
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Reference on
air production creativity: Yesterday I hooked up one of
my large consulting accounts with production guru Chuck
Blore. He has won zillions of trophies for great,
creative writing and production work. Look for more of
this. This will cost money!!!!
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Reference
taking chances: Randy Jackson of American Idol and
others urged us to take chances in music. I really
agree with this although I am research oriented. My
philosophy has always been “if you hear a record/track
that knocks you down…play it”. The problem here is
gambling on wrong tracks because of poor “ears”. There
just aren’t too many programmers out there who know a
commercial sound whatever the format. Those WHO DO will
win the ratings game as they do now. This is a talent
that CANNOT be taught. You either have it or you
don’t!!!! More consultants will be hired because of
their “ears”. This will recruit more audience and add
revenue!!! But consultants cost money!!!
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Reference
“acceptable vs. exceptional” programming: This is one
of my pet phrases…. “acceptable vs. exceptional.” If it
is really GREAT (see points 9 and 10 above) the audience
will by word of mouth find the station. If it is just
an alright type of copycat station the audience will
listen less. To become “exceptional” will cost some
bucks!!!
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Reference
promotion money: Lots of groups had to lower
promotional spending so they could perform for Wall
Street, their investors, and/or bank. There was a lot
of NAB convention talk about increasing promotion money
to increase TSL and cume again. This can be expensive!!!
In short, we
have to catch up. As an industry we are not dying, or will
we ever. We just need to move forward as we did up through
1995. This is 2005!!! We are ten years behind!! We are
going to have to lower our profit expectations to take care
of the new expenses listed above. I don’t see any other
way… do you????? If so, let me know, and I will print your
thoughts in this e-column.
e-mail Kent
kent@kentburkhart.com
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