Fire Drill
Monday, October 29th, 2007Last week, California was on fire. Public servants and communities worked together to help thousands of families displaced by the wild fires that raged through Southern California
These events prompted an RDR advertiser to place an emergency radio buy to deliver timely information to the people affected by the fires, from Santa Barbara to San Diego.
With a little clever planning, we identified a cluster of Los Angeles radio stations that deliver a sizeable listener base in the surrounding areas to make the buy more efficient.
Then, reality hit. A call to one of our core stations revealed that they’d more than tripled their spot rates during this crisis! Advertiser demand was through the roof, so the station let the law of supply and demand weed out the wannabes while tripling their revenue from every commercial.
Now some would call this tactic outrageous and demand that the guilty stations be dragged through the court of public humiliation for rate gouging during a natural disaster. Others would shrug say that fair market conditions were simply letting the spoils go to the highest bidder.
We simply tabled the debate and moved on to other stations.
According to the Spring 2007 Arbitron ratings, there are 44 commercial radio stations that deliver audience and make advertising time available for sale in Los Angeles. A resourceful media team can buy around any one of those stations. You just need the right mindset.
In life, you sometimes need to walk away from your dream car or dream house to get a great deal on a great car or a great house. In radio, it’s just as important not to be “married” to any one radio station.
So while we were shocked to hear of spot rates of $3,500 for a single radio commercial in L.A., staying focused on the big picture allowed us to explore Plans B, C and D to eventually place the campaign and achieve the client’s goals, under budget.
Our media team did an excellent job with a harrowing 48-hour turnaround. And this exercise was a valuable reminder to stay focused on the overall objective and consider all options to deliver the best results.
Mark Lipsky, President & CEO
Radio Direct Response