"Pay Only Results" Radio Advertising
There is a simple way to use "No Results, No Pay" radio
advertising and build traffic for your website. Below is
information on how to do this form of radio advertising.
Understanding "PIA" - Per Inquiry Advertising
Radio has a unique advertising format known as "PIA" or
per inquiry advertising. "PIA's" main benefit is that your
commercial is aired and you ONLY PAY for inquiries phoned
into the station from listeners. Inquiries are in the form
of callers asking for more information. The radio station
counts each caller, and re-directs them to your web site
address.
How To Start a "PIA" Campaign
Find a good directory of all commercial radio stations
where you intend to advertise. Other online resources can
be found by searching for keywords like "Radio Directories."
Alternatively, visit your library and in the references
section ask for the Yearbook of Independent Local Radio
Stations.
Note details such as:
Decide on Strategy and "Wanted Response"
Before you contact the radio stations, be clear on strategy,
goals and have your draft commercials in outline. Are you
advertising a product offer at your website? Specify product
details fully to avoid paying for "tyre kicker" inquiries.
Is your "Wanted Response" to build an opt-in list?
Decide how you will attract visitors to your web site.
Will you offer FREEBIES, or a competition of some sort ?
If your "Wanted Response" is not selling a product, you
must pay for inquiries out of your own pocket. Negotiate
a intelligent cost per inquiry. Explain how you will handle
all the administration. For instance writing the commercial
Outline, handling product fulfillment, dealing with refunds
and product support questions.
Depending on your negotiation skills and size of Radio
station you might be able to work a deal where you only
pay for Converted Inquiries. This is practically FREE advertising,
because you only pay for referrals once a sale is made !
How To Deal With Radio Ad Managers
If you do not hear back within a few days, call the station.
Commercial radio is a busy environment. Be prepared to explain
yourself and answer questions quickly and clearly. Radio
ad managers are always looking for advertisers. That is
their job and advertising fees are the lifeblood of Commercial
Radio. However, "PIA" is not the only money earner for stations,
so be prepared for a polite but cool reception. If this
happens, select another station and start the process again.
The rewards of a successful "PIA" campaign will pay back
your effort many times over.
The Commercial Ad
Write your commercial's outline to maximize your "Wanted
Response." Write the outlines for at least two 30 second,
and two 60 second commercials. Writing commercials for broadcasting
is very different to writing ad copy for printed media.
However, stations will help you by taking your outlines
and turning them into finished commercials for a fee. Alternatively,
if your copy writing is good and you have time to tweak
it for broadcasting, then do it yourself. Listen to the
station's ads, jingles, and catch phrases and pre-record
your own following a similar model. Ask objective people
to listen to your ad and give you critical feedback.
When recording for radio you may or may not want to use
your own voice. Radio stations have "Voices" to record your
commercial for a fee before it goes on air. They also have
royalty free music to include with your ad. Make your commercials
memorable, with clear contact information for listeners
to follow up on. When such ads go on air during relevant
programming, you can generate considerable traffic.
Radio is often overlooked by online advertisers, but it
can bring good results depending on your "Wanted Response"
and at a surprisingly low cost. Ad Managers are tasked with
maximizing revenue for the broadcaster. They are flexible
and as long as you demonstrate a financial benefit to the
station, they will listen to your "PIA" proposal actively.
This is good news for you because for minimal outlay and
sometimes for free you can drive quality traffic to your
site, product and services. "PIA" is the lowest cost form
of broadcast advertising. Make this a new part of your overall
advertising strategy.