While
streaming music online is growing more popular among consumers, it’s easy to
forget that traditional radio still has a strong footprint in the media market.
According to eMarketer, the research company The NPD Group conducted a survey
over 4th quarter 2012 on the music listening of US consumers between
the ages of 13 and 35.
Results
showed that the terrestrial radio still lead as the primary method, by a small
margin, to listen to music.
24%
listened to radio primarily
23%
listened to internet radio primarily
15%
listened to digital files primarily
CDs
and Satellite radio both had less than 10% of responders, 9% and 5%
respectively, chose it as a primary method of listening to music.
Another
find was that the car is still the main place where the majority of those
surveyed listen to most music. A good reason is that listeners are able to use
multiple devices in the car like the radio, smartphones, mp3 players, and
in-car infotainment systems.
How
does this affect advertisers? Consumers want music, and they want it their way.
Whether it’s from their preferred radio station, favorite playlist, new CD, or
online streaming, people are going to access the music. Therefore, advertisers
will need to really understand their customer and be able to reach them on
various music platforms at the same time. There is no need to pull money out of
traditional radio; listeners are still listening. Instead, online streaming vendors
may need to be evaluated as a radio station and included in the overall buy in
order to reach the desired audience.
No comments:
Post a Comment