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COMPETITIVE MEDIA

Digital Audio / Satellite Radio



Media Facts   Advantages   Disadvantages   Plus Radio   Glossary of Terms

Advantages

Digital Audio

Accessibility: Consumers like the ability to access streamed content 24/7, via an increasing variety of delivery platforms

Ease of Use: is a major factor in consumers’ quick adaptation of streaming services, other digital audio.

Consumer Data: Digital audio platforms have a wealth of “big data” on their subscribers that can be used to help advertisers target specific consumers or segments.

Targeting: Targeted audio advertising can be inserted into live stream, enabling advertisers to target listeners based on user profiles, listening preferences, location, demographic and psychographic criteria and on specific devices; or to create custom segments based on listener data.

Trackable: Advertisers can immediately see impact of response to their advertising.

Mobility: In-Car listing via Cellphone grew from 6% in 2010 to 26% in 2014 – to 44% of total 12+ in 2018.

(Source: The Infinite Dial 2018 – Edison Research/Triton Digital - % of cellphone owners who ever listened to AM/FM radio stations online and/or listening to streamed audio content available only on the Internet)


Satellite Radio Advantages

Availability: Consumers can access in their cars, as well as on many digital devices. Also available via many cable and satellite TV services

Drivers can access same programming anywhere: Has strong appeal to people who spend a lot of time in their vehicles, and especially those who drive long distances

Emulates AM/FM Radio: Wide variety of programming choices, with channels offering choices of music formats, on-air personalities, and news, talk and sports formats

Upscale: Nearly half (48.13%) of subscribers reside in households with $250K+ incomes, possibly an reflection of relatively high subscription fees

(Source: GfK MRI, Doublebase 2017)


Ad Acceptance: Although they pay a subscription fee, satellite listeners appear to tolerate commercials