An Age Old Argument | Research Director, Inc.
Lately I’m seeing buzz in the trades about how valuable older demos are becoming. There is talk that the 25-54 demo is too narrow, and that the 55+
I don't know much about the workings of markets where older-skewing formats are doing well (and have been doing well for years), so I read this article with an eye toward Philadelphia and our history of fallen Soft AC stations. For instance, I wondered whether the demise of 106.1 The Breeze was due to advertiser expectations and not the actual reality of listenership. "It's a shame," I thought, "if a good number of people with money to spend were enjoying the station, but advertisers just didn't care to reach them." If that were the case, I wondered whether the reality would eventually catch up and someone might once again launch a station for that audience.
But then I remembered that it wasn't the case here at all. I seem to recall someone saying something like The Breeze being fifteenth in 55+ in its last book. The target listeners just weren't tuning in. (In my experience, I heard The Breeze in tons of situations, but mostly with younger people, so I wondered if the station was outperforming in demos the station wasn't even targeting.)
I was left wondering what exactly happened here. I would assume older people want to listen to terrestrial radio more than younger people, if only because younger people prefer to get their music from tech the older people don't use/aren't aware of/don't want to learn. But right here in Philadelphia, The Breeze offered that demographic a perfectly fine option, and it (arguably) stuck around long enough to catch on...yet they didn't bite.
So, I walked away from this article wondering if it's simply hogwash to think 55+ is a sellable demo. Do you think that's truly the case? Or is there something specific to this particular market?
Potentially interesting personal disclaimer: I'm now 52 years old (yikes), and I thought The Breeze sounded great. When I was in a situation to utilize terrestrial radio, it was consistently the first button I pressed. In a few years, when I officially join the Old Bones demographic, that would surely still have been the case!