Mastaclocksetta said:More and more oldies fans are becoming alienated, unless they buy CDs or start subscribing to Sirius or XM.
also notice how many oldies stations have died in the past 2 yrs while VERY FEW have been replaced? doesn't that tell u something?
amfmsw said:Radiofriend...with thinking like that, you're not much of a friend!
There are plenty of advertising buys for 55+ listeners in the South Jersey area...they're loaded with cash. The hot catagories in this area are Real Estate for second/vacation home, retirement, lots' of 55+ communities. High end jewelery is hot! Boats/ Marine sales/storage/service is big. Investment brokers. Tax & Estate planning. Yes, those pesky phamacy needs and prescription meds. Hospitals and sport injuy rehab centers. Travel is HUGE. Banking services...hey, we gotta park that cash somewhere where we're welcomed. Station owners just need to stop looking at that nonsense about "younger demos". Hey, this 55+ crowd gets premium advertising rates too! You can buy the #1 T op 40 station for about $25. The oldies stations, all Arbitron rated, command twice that for dayparts and features. Half the audience, twice the money.
There's more, but you get the drift. It's small thinking that people over 45 aren't worth advertising to with the music they love. By the way, the average age of the #1 oldies station in this area is 51...not 60. Hell, they're still part of that stupid 25-54 demo. In fact, there is so much cash to be made with older audiences here, we have 1 AM, 1 AM/FM, and 1 FM oldies stations, 2 News/Talk, one sports, plus 2 classic rock FM's. NOT TARGETING BOOMERS IS JUST PLAIN BAD BUSINESS.
amfmsw said:RF, thanks for clearing that up. I still must insist that the oldies audience is NOT a 55+ demo. That is the News/Talk demo. 60's / 70's musice with a pre-beatles hit per hour is a 45-64 group. That is not ancient. My railing is against the ad agencies that push 18-34 on advertisers.
radiofriend1 said:amfmsw said:Radiofriend...with thinking like that, you're not much of a friend!
There are plenty of advertising buys for 55+ listeners in the South Jersey area...they're loaded with cash. The hot catagories in this area are Real Estate for second/vacation home, retirement, lots' of 55+ communities. High end jewelery is hot! Boats/ Marine sales/storage/service is big. Investment brokers. Tax & Estate planning. Yes, those pesky phamacy needs and prescription meds. Hospitals and sport injuy rehab centers. Travel is HUGE. Banking services...hey, we gotta park that cash somewhere where we're welcomed. Station owners just need to stop looking at that nonsense about "younger demos". Hey, this 55+ crowd gets premium advertising rates too! You can buy the #1 T op 40 station for about $25. The oldies stations, all Arbitron rated, command twice that for dayparts and features. Half the audience, twice the money.
There's more, but you get the drift. It's small thinking that people over 45 aren't worth advertising to with the music they love. By the way, the average age of the #1 oldies station in this area is 51...not 60. Hell, they're still part of that stupid 25-54 demo. In fact, there is so much cash to be made with older audiences here, we have 1 AM, 1 AM/FM, and 1 FM oldies stations, 2 News/Talk, one sports, plus 2 classic rock FM's. NOT TARGETING BOOMERS IS JUST PLAIN BAD BUSINESS.
not talking small market radio and not saying no oldies stations can make it but u can't use your single oldies station as how they ALL work in ALL markets
but, by and large, oldies stations are dropping like flies because the revenue is drying up----fast. that's not opinion, it's fact
u can call 25-54 a "stupid" demo but it is THE sales demo in most radio markets today. U can target boomers (who are as young as early 40s in 2006) but u won't get many under 55 playing doowop and preBeatles music.
and this isn't me saying people over 45 are not worth targeting-this is not my opinion. it is the opinion of advertisers and ad buyers all over the country. like i said, the proof is in the pudding: if 50s/60s oldies was that great a format with that big a potential revenue stream why have MOST MARKETS IN AMERICA where oldies changed format to something else NOT had a new station pick up the format?
it's not personal, man. it is what it is and i'm only reporting what is going on in 2006's real radio world. whether it's desirable or right or i agree with it is beside the point
doug said:Question to radio apologists on this board.
If the older demos aren't important, WHY AM I READING SO MANY ARTICLES IN MAGAZINES AND ON CNN ETC. about the importance of the BABY BOOMERS? That group is big and is going to be much bigger and have a lot of influence. But you wouldn't know it by what radio offers.
To radio, the BBs don't exist. They're too old. Aren't important. Their music is old and could only appeal to those who grew up in that era. Right. I'm 44, not 54.
amfmsw said:RF1: Two Points:
You keep insisting the "Oldies" format is a 55+ demo. You're wrong, it is a 45-64 demo. My 83 yo father is a WWII vet in a nursing home. He would be a "55+" demo. That "+" sign has significance. He would never listen to oldies pop/rock mx.
The other point is, could it be the agencies are all WET? They are missing the point, as I believe you are. That it is a huge mistake to not target boomers. Just because they don't do it doesn't mean they're right.
amfmsw said:RF1: Two Points:
You keep insisting the "Oldies" format is a 55+ demo. You're wrong, it is a 45-64 demo. My 83 yo father is a WWII vet in a nursing home. He would be a "55+" demo. That "+" sign has significance. He would never listen to oldies pop/rock mx.
The other point is, could it be the agencies are all WET? They are missing the point, as I believe you are. That it is a huge mistake to not target boomers. Just because they don't do it doesn't mean they're right.