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Advertising On Charlotte Radio Still #1 Way to Reach Consumers

Jun 8, 2022 9:48:12 AM / by Larry Julius

Advertising On Charlotte Radio #1 ChoiceEvery week, according to new Nielsen data, 1,767,280  adults tune in to a Charlotte radio station. This is more consumers than use social media, access local cable, watch broadcast TV, stream video channels, listen to streaming audio, read a newspaper, or download a podcast.

Based on per capita estimates from the National Retail Federation (NRF), Charlotte consumers are expected to spend between $42.2 and $43.1 billion at retail in 2022, a six to eight percent growth over the previous year. Utilizing radio's enormous advertising reach, local business owners can compel shoppers to spend this large pool of cash in their stores and on their websites.

Advertise On Charlotte Radio 2022 Reach

The number of consumers reached is critical to the success of an advertising campaign.

According to a Nielsen study, after the actual content of the commercial message itself, reach is the most potent advertising element that can drive sales. Reach is more important than brand, recency, or even context. Charlotte radio provides local business owners with the most significant reach among consumers.

Advertise In Charlotte Successful Campaign

Radio's unrivaled reach among consumers contributes to the medium's strong return-on-investment (ROI) among advertisers.

From April through July of 2021, Neilsen measured the sales results of a radio advertising campaign conducted by a major retailer. The study utilized portable people meter technology to segment consumers into two discrete categories: those who were exposed to the retailer's advertising campaign and those who were not.Advertise in Charlotte: View Success Guide

Nielsen was then able to match the consumers in each segment to their credit/debit or shopper card purchase behavior. Consequently, the study measured decisively how sales were affected by the retailer's advertising campaign.

Here are the key takeaways from the Neilsen study:

  • One or two exposures to the radio campaign resulted in a 22.4% increase in the number of shoppers
  • Three to six exposures to the radio campaign resulted in a 7.6% increase in the number of shoppers
  • Exposure to the radio campaign increased the number of transactions among the retailer's existing customers by 11%
  • Exposure to the radio campaign increased the number of transactions by the etailer's most active customers by 31.2%
  • Exposure to the retailer's radio campaign generated a sales increase of 9.7%

Most importantly, the Nielsen study revealed that every $1000 that the retailer invested in the radio advertising campaign returned $13,000 in sales. A 13-time ROI.

Charlotte retailers should know that these findings support 22 other Nielsen studies that indicate, on average, that advertising on local radio delivers a 10-time return on investment.

AdAge, a trade magazine for advertising professionals, calls these types of returns "eye-popping."  The magazine goes on to say radio's ROI is superior to commercials on TV, online, and social media.

To learn more about Nielsen's latest ROI study, click here.

Charlotte's radio venerability is due in part to in-car listening. Nearly two-thirds of all Charlotte radio happens while driving.

Advertising In Charlotte In-Car 2022

Despite all the ad-supported audio options available while in the car, well over 80% of the listening time is spent with AM/FM radio, regardless of the driver's age.

Advertise In Charlotte In-Car Listening 2022

The current research discussed here indicates that advertising on Charlotte radio is still the best marketing option for local business owners.

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Topics: best way to advertise, small business, small business owner, roi, reach, return on investment, small business marketing, small business advertising, retail spending, retail, reach & frequency, retail sales, retail stores, retailer, advertising reach, in-car audio, advertising ROI

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