Here's part two of our series, Selling Against Other Media. Today we focus on broadcast television.
Since
it’s inception in the 1950’s television has become one of the most effective
advertising vehicles in history. Despite
television’s higher cost (both production cost and spot cost) advertisers can’t
seem to buy enough of it. Twenty six
cents out of every dollar spent in advertising still winds up on television.
Television
advertisers enjoy the best of three worlds; sight, sound and motion. When used correctly, television can be a
highly effective medium because it takes advantage of a basic human
instinct. Like cats, (another predator
with eyes centered on the front of the face), people preternaturally like to
watch things move. Television plays
right into that basic human instinct.
Broadcast
television generally offers a very high reach potential. That is, many people are likely to be
watching a broadcast television program at any given time, especially in prime
time. And advertisers (national,
regional and local) will pay premium rates to reach these larger audiences.
Many
businesses perceive that television advertising is more “glamorous” than other
media, that somehow television is a more prestigious advertising vehicle than
say, radio, billboard or direct mail. Advertising agencies may recommend television to their clients because
with higher rates and more expensive schedule costs, the agency’s commission is
higher. Agencies also make big bucks
from television spot production.
Television’s
higher cost presents a problem for some advertisers. That is, television spots may be so expensive
to buy that you can’t afford to run your commercials as frequently as you’d
like. So when buying television, there is
always a trade-off. You’re buying a
large audience (reach) but you can’t afford to advertise as often (frequency).
Compromising lower frequency for higher reach is the gamble you take with
broadcast TV, so the commercials that you air had better be efficient and
effective.
Here
are some of the reasons local advertisers like broadcast television.
- Sight, sound and
motion-Local direct clients can use sound along with photos, animation,
graphics and video.
- High reach-Broadcast
television stations have massive CUME audiences, usually bigger than the
newspaper’s readership number.
- Formatted by program-One
television station could reach many demographic groups with an array of
different program choices.
- Level playing field-The
biggest advertiser on a station can only run thirty seconds or less. A small advertiser can also run a thirty
second ad. The largest client on a
television station might run two spots in a program. A smaller advertiser could also own two
spots in a television program.
- Prestige-Many clients
perceive that advertising on television represents the pinnacle of
success. Some advertisers stroke
their egos by appearing in their own commercials.
- In-home advantage-Viewers
invite commercials into their homes.
Here
is what competitive media may be saying about broadcast television and how you
might respond.
- Objection-Commercial time on broadcast television is
expensive-Television’s cost per spot is much higher than with radio or
cable.
Response-You
get what you pay for. If we reach a
significantly larger audience than other media, we deserve to be paid for
it.
- Objection-High-cost production-Because of all of the elements
involved-video, graphics, and sound, television commercials generally cost
more to produce.
Response-This
is no longer necessarily true. With the
advances we’ve made technologically it is now possible at many television
stations to make agency-quality commercials for a fraction of the cost.
- Objection-Long production lead time-Due to the tedious nature
of television spot production and a shortage of production facilities it
can take a while to produce a new spot.
Response-In the
past this may have been the case. But
again with modern production facilities we’re able to work much faster than
before.
- Objection-No frequency-Because
of television’s higher cost per spot it’s difficult for a local business
to buy a lot of television.
Response-That
depends on a number of factors, including how and when you buy us. Let’s work out an ROI analysis and see
whether or not you can afford not to
use us.
- Objection-Almost all viewing is done at home-People don’t
usually watch television at work or in their cars.
Response-This
may be true, but don’t discount the time people spend in front of their
televisions at home. Hours upon hours at
a time in many cases. Other media still
don’t compete when it comes to time spent watching television at home.
- Objection-Increasingly fragmented home audience-The
proliferation of competitive devices like video games, DVD players and
computers is impacting the number of hours that people watch television.
Response-We’ve
had competitive media in homes since the first VCRs and Atari game machines
first came along. Before that we had
other competitors like Monopoly and card games. Television viewing was then and still is today number one in the
home.
- Objection-Digital video recorders allow commercial
zapping-TiVo and other DVRs are becoming commonplace in most homes.
Response-Research
also shows that since the inception of DVRs that people are actually watching
more television than they did before. Clever television commercials can cause people to stop fast-forward and
watch.
As
you can see there are many ways to take advantage of the “holes” in other media
and at the same time defend broadcast from attacks by other media. The most effective and least used strategy
for getting dollars from other media is to go after products and services that
are completely over represented on other media and under represented on yours.
For
example, most tire stores advertise in print, the newspapers and the Yellow
Pages. Smart broadcast sellers cull one
client from the herd and say, “Look. The Yellow Pages/newspaper is a good
medium. That is, it’s a big lake with
lots of fish in it. I also represent a
big lake with lots of fish. But Mr. Tire
Man, in your particular product/service category, wouldn’t you agree that the
newspaper/Yellow Pages is being a little over fished? When somebody comes to the newspaper/Yellow
Pages, they’re shopping all of your competitors. Every single one of you has a line in the
water when you use the newspaper/Yellow Pages. But look at our nice lake. We
have thousands of consumers who will need tires sooner or later and we don’t
have one single tire dealer fishing on our lake. You’d practically have a monopoly here on our
lake.”
Use
your strengths against other media’s weaknesses and get more local direct
advertisers. It may take time to whittle
down a die-hard newspaper or Yellow Pages user so do it in stages. Over time give your client ammunition he can
use against his reps from other media. Help the client chisel out a budget for you by cutting back on his buys
on other media.
Let us hear from you. If you work for a broadcast television station how do you defend yourself from salespeople from other media who are calling on your clients? What do you tell clients about media they're using outside of television?