Marketer1021 said:I believe that you have missed the reason that the Forever group's country station has managed to do well over the years. On a scale from 1 to 10 the product is a 5 or 6. (Just listen to other country stations.)
The fact that the format is country and on a high power FM signal, that is the reason for the success, period. Consider that Country is and has been a high flying format nationally then when you add to that the power of the signal you have to ask why do they not do far better.
As an advertiser with a large budget ($100,000) I deal with different media. When I can, I buy around Forever stations. The smaller stations do more for me at better rates with far better service. (Consider Forevers effort to charge for dubs. We told them forget it or we’ll forget them. That ended that)
People in my business in this region find the forever management extremely unpleasant to deal with. Take a look at the situation in State College. The rep I have dealt with at Forever has left. Now the manager calls on me. She may run the place and have worked there a long time she does not understand how the medium works. State College radio is struggling.
Yes we buy their country, we would buy a lot more but to work with forever is to add hastle that I do not have time for.
I will also add that I have a contact that works for them so I have heard about the company than I care to ( a company in chaos).
I believe they are over-leveraged (they bought too many stations at high prices and now those same station values have plummeted), under producing, (they are now throwing in all sorts of freebies to get the ad dollars) and poorly managed (not able to respond to the current ad market). These people will eat their young just to get a $5,000 buy. And then there is TV with lower rates and better production costing less.
But that’s me I just buy advertising for my company.
Marketer1021...good to hear from you. It's not often you find someone who deals with the business side of radio who's not actually in radio.
I find the things you're telling us very interesting. It's important to listen to the needs of your clients. More importantly, it's important to understand what it's like to be a small business owner in today's economic climate. It's taking longer for us to cultivate our relationships in western Pennsylvania, where we are surrounded by Froggy properties, but for us, it's worth the effort. Two of our four owners are on site at the station every day, and they understand what it's like out there. They'd rather us take some time to work a potential account and have the client feel confident about their investment rather than anger an important business owner who's going to talk about their bad experience with others. Plus, we are locally owned and operated.