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Radio Advertising

Radio Advertising

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Published by Vinaykumar Singh

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Published by: Vinaykumar Singh on Jul 26, 2010
Copyright:Attribution Non-commercial

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11/09/2012

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Radio Advertising
Executive Summary
Advertising in general expresses the positioning. Powerful advertising is the resultof powerful planning. Great ideas and great ad campaigns don’t just pop out from nowhere, they are built on the key communication points that motivate sales.Radio is entirely a medium of sound, which evokes smells, sensations and visualimages which brings the listeners imaginations into play.Radio advertising is one of the tools of advertising which is effectively used for communication and positioning. It is one of the foundations for effective and successfuladvertising. Radio can be used effectively for advertisement since it can target the largeaudience because of its high reach. Radio is good at increasing awareness about the brandand business and helping in building the brand image.But all this was only for pure academic purpose. With the advent of televisionradio lost its popularity and thus its purpose with the marketers. This led to sharp declinesin the proportion of advertisement spending on radio as compared to other media.But then came the governments order on liberalization and privatization. This brought about loads of changes in the world of radio broadcasting in India. Prominentand established companies entered the business of FM Broadcasting. FM broadcasting has breathed a new life into the medium of Radio in the past fewmonths. Could radio now think this as a new phase of its life or a re-birth? Of course yes, people are today talking only Radio---- Radio Mirchi, Radio City, RED, Go and WIN.One will find people with radio sets of different shapes and sizes listening to their favourite music on roads, in hotels, even the bidi shops aired on any of the musicchannels. The radio channels are now vying against each other to provide their best to thelisteners1
 
Radio AdvertisingHowever one can see that although radio is an excellent medium it has been usedto its full potential and various efforts should be taken to improve it as with proper direction radio can reach heights as it is the cheapest and a very good medium.
Objective
Through this project my objective has been to understand the following
To find out about the current scenario of the radio industry.
The reasons for a stunted growth of the industry
The various steps in radio advertisement
Realizing the needs and wants of consumers and fulfilling them
What the various radio stations have to offer the masses.2
 
Radio Advertising
Research Methodology
Through this project I have made an effort to understand the advertisng tool calledradio advertising which is being increasingly recognized by marketers as a powerful toolthat helps in finding new customers and retaining the existing ones at a much lesser cost.
Primary Research:
The aim of primary research was to understand radio advertising as it is seen inthe corporate world. To understand this I have taken two interview from different fields.Mr. Madhav Joshi who is currently working in Leo Burnett who helped meunderstand what all goes into the making of a radio advertisement.The mode of interview used was an informal one where he answered myquestions on one to one basis.Also Mr. Sudarshan Sahe the senior marketing manager of Radio City gave me aninterview and helped me in trying to understand as to how the station works and looksafter the needs of its consumers
Secondary Research
The aim of secondary research was to understand as to why radio advertising has been able to grow at a considerable rate as compared to the other media.also the fall outof radio in the last decade .It was also undertaken to understand how radio advertising is done and what rethe current players in the market.Secondary data collection method: desk researchSecondary data collection sources: internet, books, newspaper articles3

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