MARSHALL MARKETING NEWS, V. 4-2 MAY 2010 UPGRADE ADVERTISING BUY BY SHIFTING COMPETING MEDIA DOLLARS Fa KNOW MORE ABOUT SHIFTING THE MONEY TO YOUR WEBSITE. fyi cts Yo u Inv est iga te During difficult times, advertisers have to make difficult decisions. One of the difficult decisions Account Executives hope businesses don’t make is to cut the advertising budget. Sure, there are numerous existing studies that conclude businesses that maintain or increase advertising during downturns in the economy are; 1) more likely to survive the tough times and; 2) they are also more likely to grow faster when things improve. An AE can rationalize that it is better in the long-term to keep up the budget. However, try telling that to a business owner that is trying to decide to maintain an advertising budget or layoff a bunch of long time employees. Not so easy. Reducing an ad budget may be the most prudent decision for a business owner during a bad economy. When that happens, it is crucial for the remaining ad dollars to work even harder. AE’s need to coach their clients on how to upgrade their advertising expenditures, in other words, spend smarter if you can’t spend more. A TV station’s website can be a tremendous upgrade over competing media. The following data is a profile of a visitor to a station website operated by one of our clients. 412/914-0970 CONTINUED... www.marshallmarketingusa.com MARSHALL MARKETING NEWS, V. 4-2 TRACKING SITE VISITORS FYI, V. 43 HOW MANY TIMES PAST 7 DAYS 1-3 Times 4-7 Times 8+ Times HOW OFTEN VISIT Daily A few times per week Once a week A few times per month Once a month Only a few times per year PERCENT MAY 2010 NUMBER OF CONSUMERS 3.4% 18.8% 77.7% 21,994 117,710 485,503 88.0% 9.6% 0.9% 1.1% 0.1% 0.3% 550,264 60,281 5,702 6,924 407 1,629 47.6% 75.4% 43.2% 35.9% 12.1% 5.0% 297,330 471,247 270,041 224,423 75,758 30,955 84.9% 69.8% 15.9% 0.4% 0.3% 530,713 436,219 99,381 2,444 2,037 TIME OF DAY VISIT Early morning (5-9a) Daytime (9a-4p) Early evening (4-8p) Evening (8-11p) Late evening (11p-1a) Late night (1-5a) WHERE ACCESS At home At work Through your cell phone At school Other Fa fyi cts Yo u Inv est iga te The 000’s are projections to the number of monthly unique visitors. Note that 98.5% of those visiting the website have done so within the past 7 days. This means that the number of unique visitors per month is nearly the same for 1 week. This is important in order to compare the website survey to the Marshall Marketing annual survey. In the annual survey, media use is captured on a one-week cume basis. By having the “how often visit” question in the website survey, it is possible to have an apples to apples comparison. CONTINUED... 412/914-0970 www.marshallmarketingusa.com MARSHALL MARKETING NEWS, V. 4-2 TRACKING SITE VISITORS MAY 2010 FYI, V. 43 Audience Demographic Composition Comparison The station website has a very high White Collar/ Managerial/ Professional and Working Women profile. None of the other media have this strong a composition. The website also has a very high percent of $100K+ consumers. Only the AM Drive radio station is higher. (NOTE: in this market the #1 radio station is a news/talk format). White Collar/Mgr/Prof Working Women $100K+ Station Website 52.3% Sunday 1st Section 33.5% #1 AM Drive Radio Station 46.7% #1 Morn News TV Competitor 24.1% #1 6pm News TV Competitor 29.7% #1 Late News TV Competitor 31.4% 47.2% 27.1% 15.0% 24.1% 24.5% 26.7% 26.8% 17.1% 29.2% 10% 12.6% 14.6% Audience Consumer Composition Comparison The website has a higher percent of consumers making purchase plans. These are just a few examples when compared to competing media. Plan To Purchase HDTV Major Appliance Cell Phone/ PDA New Car/Truck Station Website 19.3% 17.6% Sunday 1st Section 16.5% 11.6% #1 AM Drive Radio Station 20% 12.5% #1 Morn News TV Competitor 14.1% 13.9% #1 6pm News TV Competitor 14.2% 10.6% #1 Late News TV Competitor 15.2% 11.6% 16.7% 11.6% 14.2% 10% 10.6% 9.9% 7.4% 7.4% 10% 7.8% 8.1% 7.4% These are tough times for your clients. Coaching them through how effective the website is compared to other media will help move dollars to areas where they will reach buyers and increase business. Do this with the help of your Marshall Research! 412/914-0970 www.marshallmarketingusa.com
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