the_wanderer said:
No it doesn't. It's the same cheap, nasty food, there's a big difference between the 'good' life and life at any/no cost.
Keeping in mind we are, in essence, discussing the nature of mass appeal radio formats and fragmentation by more niche formats.
What we see in the PPM world is that the mass appeal formats which play solid hit music have enormous cumes... sometimes exceeding 20% of the market population. These are stations like KIIS, KOST, KRTH, Power, Amp and KBIG (The top one has an average reach of one-third of all 12+ persons in LA... over three and a half million persons).
When you look at what stations share audience with any of these cume leaders you find, literally, everything. From KLVE and KRCD to KPFK and KPPC.
Back to McDonalds. That's the cume leader, followed BK, KFC, Pollo Loco, Taco Bell, Domino's, etc. Nearly everyone goes to them. They "play the hits" which in convenience foods means a combination of appetite appeal, price and location. Most people like these places, in fact, and that's why McDonalds is one of the best performing companies in the world, irrespective of whether they make hamburgers or jet engines.
Niche eateries appeal to things like snob appeal, ethnic tastes, atmosphere, and, of course, the tastiness of the cuisine. But keep in mind that about 75% of all new restaurants that are not chains or franchises fail, some immediately and some after the thrill wears off. This is the same thing we see with stations like Indie in LA, to cite the most often mentioned example.
In radio, ad time is bought based on the size of the audience and the price per spot. CPP. Mass appeal wins, as no agency buys 25 deep in their target audience.
Personal anecdote: When I lived a couple of thousand miles south of Miami, I'd often visit that closest of all US ports of entry when I needed emergency parts or other items unavailable locally. The first thing I would do when getting out of customs was head for McDonalds. After a steady diet of fresh daily home food (I had no need for a refrigerator) and evening visits to Le Chalet Suisse (where Jean Pierre had a table for me, always), Maison Vasque, Los Jarros and similar sites of fine dining, it was sinfully tasty and refreshing to have a Big Mac and fries. Of course, I was coming from a city where the lone supermarket would sell out of Spam each time they got it, at $8 a can in a country where minimum wage was around $36 a month.
Quality is a perception, in dining and in listening.