Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Radio Advertising Bureau Webinar Online Promotions What They Are & How You Can Capitalize on this Opportunity John Potter Matt Coen SVP/Professional Development Radio Advertising Bureau jpotter@rab.com 800-232-3131 President and Co-Founder Second Street Media matt@secondstreet.com 314-880-4902 www.RAB.com What We’ll Cover • Promotions moving to online (Projected $72 billion by 2016) • How to easily create campaigns • How to create revenue boosts • How to sustain revenue streams Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 1 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Who We Are Second Street Lab Radio Advertising Bureau 2012 Our Partners 2,400 media companies Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 2 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Source: Borrell Associates In Billions Why Online Promotions? Second Street Lab Radio Advertising Bureau 2012 WHY BROADCAST? D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 3 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Why Broadcast? Trusted Info Source Affluent & Valuable Audience Ongoing Ad Options Key Client Relationships We’re Local Second Street Lab Multiple Media Promotions Radio & TV Radio Advertising Bureau 2012 What is an Online Promotion? SPONSORED CONTESTS ADVERTISER FACEBOOK CONTESTS DEALS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 4 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 30 Fitness Time of the Year: • Year Round Contest Examples: Sponsor Ideas: New Year, New You • • • • • • • • Arkansas Democrat-Gazette Biggest Loser • KVOA-TV Narrow it Down for Lighten Up Lenoir • New Bern Sun Journal Smart-Healthy Challenge Giveaway! Gyms Diet programs Salons Plastic surgeons Personal trainers Wellness centers Doctors offices • York Daily Record The Subway® Biggest Weight Loss Challenge • WPXI-TV Second Street Lab Radio Advertising Bureau 2012 29 Recipes Time of the Year: • • May- Cinco de Mayo June/July- Picnic Recipes • November/December-Holiday Recipes Contest Examples: Sponsor Ideas: NAIA Cookie Challenge 2012 • • • • • • • Sioux City Journal Holiday Guide Recipe Contest • WEVV-TV King Scoopers 4th Annual Recipe Contest • The Colorado Springs Gazette Grocery Stores Specialty Food Stores Bakeries Food Companies Farmer’s Markets Restaurants Reason for the Season Recipe Contest • The Advocate 12 Days of Cookies Contest • Omaha World-Herald Kids Can Cook Too Contest • Tribune Chronicle Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 5 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 28 Essay Time of the Year: • • The Holidays Disease Awareness Months • • Graduation National Holidays Contest Examples: Sponsor Ideas: Toro Winter Essay Contest • • • • • • • • WFRV-TV Florida Dental Something To Smile About • WFTV-TV My Favorite Loretta Lynn Song • Aiken Standard The Closer to My Dreams Sweet Sixteen Send Off • WKYS-FM Grocery Stores Travel Agencies Healthcare Centers Clothing Stores Super Market Banks Local Universities What Christmas Means to Me • Leader-Telegram Show Me Your Heart Poetry Contest • Nextstar Broadcasting Second Street Lab Radio Advertising Bureau 2012 27 Memorable Moments Time of the Year: • Year Round- Holidays or Summer Vacations Contest Examples: Sponsor Ideas: Totally 80’s Photo Contest • • • • • • • • • • • • • WPHL-TV I Love the 80’s • Savannah Morning News Meal & Memories: Best of 2011 Photo Contest • Newberry Observer Miss Marcia… Your Favorite Memories • WTVC-TV 100 Years if Chevrolet • St. Louis Post-Dispatch Amusement Park Sports Team Stage Shows Sports Stores Hotels Travel Agency Airline Photography Studio Fair Bakery Museum Mall Restaurants of Yesteryear • Daily Inter Lake Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 6 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 26 Prom Time of the Year: • Spring Contest Examples: Sponsor Ideas: Prom Queen • • • • • • • • • • WPRO-FM Prom Photo Contest • Kinston Free Press Pittsburgh’s Best Prom Dress Contest • WPXI-TV Prom King & Queen • Times-News Tuxedo Rentals Dress Shops Florists Event Venues Limousines Restaurants DJ’s Photographers Salons/Spas Prom Contest 2011 • The Gazette-Washington Post Hot Prom Takeover! • WHAT-FM Second Street Lab Radio Advertising Bureau 2012 25 Weather/Temperature Time of the Year: • • Fall- Foliage Contest Winter- Winter Wonderland • • Spring- Wildflowers Contest Summer- Blue Sky Contest Contest Examples: Sponsor Ideas: Beat The Heat Photo Contest • • • • • • • • • KDAF-TV A Taste of Summer Contest • WBBO-FM Spring Snapshots Photo Contest • Fort Worth Star-Telegram Beauty of a Carolinas Spring 2012 • Charlotte Observer Camera Stores Photo Printing Centers Photography Studios Credit Unions Banks Outdoor Supply Stores Theme Parks Travel Agencies Best Snowman Photo Contest • The News Tribune/The Olympian Weather Photos • WXYZ-TV Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 7 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 24 Fishing/Hunting Time of the Year: • • Hunting Season- varies by state Summer- great for fishing contests Contest Examples: Sponsor Ideas: Hunting Photo Contest • • • • • • • West Central Tribune Eagle Post Fishing Photo Contest • The Eagle Post Fresh Catch Contest • Union Leader Corporation Gun Shops Boat Stores Fishing Supplies Taxidermy/Deer Processors Sporting Goods Stores Outdoor Supply Stores 2011 Gary the Turkey • Norfolk Daily News Best Buck or Doe • The Advocate 2011 Virtual Buck Pole • WILX-TV Second Street Lab Radio Advertising Bureau 2012 23 Brackets Time of the Year: • Year Round – March Madness Popular Contest Examples: Sponsor Ideas: Battle of the Bands Bracket Contest • • • • • • St. Louis Post-Dispatch Moe’s Bracket Challenge • WRAL Sports More Burger Wars Restaurants Event Venues Sporting Goods Stores Athletic Teams Apparel Shops • KVVU-TV Best Pizza Playoff Contest • The Hour The Onion Beer Bracket • The Advocate Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 8 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 22 Drawing/Art Time of the Year: • • Year Round Specific Holidays Contest Examples: Sponsor Ideas: Lego Building Contest • • • • • • • Lakeland Ledger 2012 Insight Amateur Photo Contest • Norfolk Daily News September 2011 SnapShots Contest • New Mexico Marketplace Family Restaurants Hospitals Grocery Stores Art Supply Stores Performing Arts Schools Theatre Troops White Box Challenge • WAVY/WVBT-TV Design Challenge • KATU-TV Second Street Lab Radio Advertising Bureau 2012 21 Wedding Time of the Year: • • Year Round Typical Wedding Season is Spring Contest Examples: Sponsor Ideas: Ultimate Wedding • • • • • • • • • • Lincoln Journal Star The Royal Wedding of Her Dreams • WMMJ – FM Wedding Photo Contest • Savannah Morning News Wedding Exhibit Hot Fiancé Contest • WAPE-FM Wedding Outtakes Contest Wedding Venues Florist Grocery Stores Tuxedo Rentals Dress Shops Limousines DJs Restaurants Salons/Spa’s • Marin Magazine Let INC Marry You! • WISE-TV Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 9 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 20 Makeover Time of the Year: • • Year Round Landscaping: Warmer Months Contest Examples: Sponsor Ideas: Green & Gold Man Cave • • • • • • • • • • • • • • • WKLH-FM Hitson Cabinet’s Kitchen Makeover • WTVC-TV Grants Ugliest & Oldest Kitchen Photo Contest • Chicago Sun-Times I Need A New Roof! • WFTV-TV Grimiest Grill Contest • WSAW-TV Makeover Contest 2011 • Gaston Gazette Second Street Lab Remodelers Landscaping Flooring Stores Appliance Stores Carpet Stores Lawn and Garden Department Stores Cosmetic Surgeons Make Up Stores Salons Tanning Salons Home Storage Credit Unions Painters Radio Advertising Bureau 2012 19 Travel/Vacation Time of the Year: • • Summer Spring Break Contest Examples: Sponsor Ideas: Vacation Photo Contest • • • • • • • • • • • • • • • Marin Magazine Breckenridge Ski Resort Poster Contest • Summit Daily Sell of Vacations – WIN A TRIP • Suburban Newspaper Shrek Sandcastle Contest • The Orange County Register Have a Great Summer Contest • WBBO-FM Second Street Lab Travel Agents Hotels & resorts Bed & Breakfast Camera Stores Restaurants Tourism Centers Waterparks Travel Magazines Car Rental Sports Teams Breweries Cruise Lines Airlines Tourism Board Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 10 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 18 Nature Time of the Year: • • Fall – Foliage Contest Winter – Winter Wonderland • Spring – Wildflowers Contest • Summer – Blue Sky Contest Contest Examples: Sponsor Ideas: Wildflower Photo Contest - 2012 • • • • • • • • • The Orange County Register Your Turn • Appeal Democrat Gorgeous Gardens • KBJR-TV Oregon Outdoors Wild Bird Photo Contest • Southern Oregon Media Group Camera Stores Photo Printing Centers Photography Studios Credit Unions Banks Travel Agencies Theme Parks Outdoor Supply Stores Wisconsin Trails 2012 Photo Contest • Milwaukee Journal Sentinel Second Street Lab Radio Advertising Bureau 2012 17 Creative Time of the Year: • Year Round – Summer seems most successful season Contest Examples: Sponsor Ideas: Short Film Contest – BT Winnipeg • • • • • • • • • • • • • • Breakfast Television 2012 Cruisin’ Downriver Calendar Contest • Michigan Central 2012 Bacon Queen Contest • Des Moines Register Big Ken & Colleen’s Corny Photos Contest • Des Moines Radio Group Why do you love News 1130 • CKWX-AM Second Street Lab Electronic Stores Cosmetic Surgeons Concert Venues Carpet Stores Lawn and Garden Department Stores Restaurants Make Up Stores Salons Tanning Salons Home Storage Credit Unions Painters Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 11 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 16 Big Giveaway Time of the Year: • Year Round Contest Examples: Sponsor Ideas: Chevy Cruze • • • • • • • • • • • • KTLA – TV Marling HomeWorks Ugliest Kitchen Makeover Contest • WISC-TV Dream Wedding 2012 • WNDU – TV Aloha Fridays – Win a Ka’anapali Vacation! • KOMO – TV The Master of All Garage Giveaway! Airlines Restaurants Hotels Jewelry Stores Car Dealerships Motorcycle Shops Bed & Breakfasts Sports Venues Concert Venues Furniture Stores Wedding Venues • CITI-FM Second Street Lab Radio Advertising Bureau 2012 15 School Spirit/Biggest Fan Time of the Year: • • August – Back to School October - Homecoming • May/June – Prom and Graduation • Any Sports Season • Most Popular – Football and baseball Contest Examples: Sponsor Ideas: LMFAO Suite • • • • • • • • • • • • • • • • • • Edmonton Sun First National Bank “School Spirit” Video Contest • North Platte Telegraph NKOTBSB Contest • WPMT-TV School of the Year • KidsLinked.com Time Warner Cable Fan Frenzy Contest • WRAL Sports Second Street Lab Sporting Good Stores Sports Venues Local Sports Teams Local Breweries Restaurants Outdoor Outfitters Sports Bars Gyms Memorabilia Stores Colleges Health Food Stores Recreational Clubs Clothing Stores Restaurants Shopping centers Florists Tuxedo Rental Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 12 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 14 Mother’s Day/Father’s Day Time of the Year: • • August – Back to School October - Homecoming • May/June – Prom and Graduation • Any Sports Season • Most Popular – Football and baseball Contest Examples: Sponsor Ideas: Mommy & Me • • • • • • • • • • • • • • • WLMG – FM Fathers Day Photo Contest 2011 • Kearney Hub Mother Daughter Lookalike Contest • WKOL-FM FM99 Rockstar Mom Contest • WNOR-FM Father & Child Photo Contest • Jacksonville Daily News Second Street Lab Salons & Spa’s Golf Courses Restaurants Sporting Good Stores Boutiques Jewelry Stores Home & Garden Florists Tanning Stores Nail Salons Bed & Breakfasts Movie Theaters Sports Venues Concert Venues Radio Advertising Bureau 2012 13 Goodwill Time of the Year: • Year Round Contest Examples: Sponsor Ideas: Eco Ambassadors • • • • • • • • • • • • • • • KFMB – TV WQSB / Pepsi Field of Dreams • WQSB-FM Praise 103.9’s Pastor of the Month • WPPZ – FM Lend A Helping Glove • Indianapolis Indians Pose for the Cure • KBXX – FM Second Street Lab Charities Landscaping Flooring Stores Appliance Stores Carpet Stores Lawn and Garden Department Stores Cosmetic Surgeons Make Up Stores Salons Tanning Salons Home Storage Credit unions Painters Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 13 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 12 Cars/Motorcycles Time of the Year: • Year Round Contest Examples: Sponsor Ideas: Transform your Toyota • • • • • • • • • • • • Statesboro Herald ADAMM Classic Car Contest • Milwaukee Journal Sentinel E2Xtreme Car Design Contest • Boy Scouts of America Ugliest Car Contest • The News Chevrolet 100th Anniversary photo Contest • State Journal – Register Second Street Lab Insurance Agents Auto – Body Shops Car Stereo Shops Window Tinting Services Car Dealers Car Clubs Speed Shops Auto Specialty Shops Garage Flooring Tire Stores Speedway/Racetrack Radio Advertising Bureau 2012 11 Best Of Time of the Year: • • Year Round Typically Annual Contest Examples: Sponsor Ideas: Best of Gaston 2012 • • • • • • • • • • • • • • • • Gaston Gazette Kindest O.C. Owner 2011 • The Orange County Register Diamond Awards 2011 • MPLS St. Paul Magazine Best of 2012 • Times of Northwest Indiana Best of the Best 2011 • Chattanooga Times Free Press Second Street Lab Restaurants Car Services Handyman Accountant Local Event Nursery Carpet Store Grocery Store Car Dealer Dentist Kennel Real Estate Broker Doctor Bank Movie Theater Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 14 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 10 Holiday Time of the Year: • Any Holiday Season Contest Examples: Sponsor Ideas: Scared of Santa Photo Contest • • • • • • • • • • • • • • U-T San Diego Holiday Lights Contest • WAVY/WVBT-TV It’s a Wonderful Wreath • New Bern Sun Journal B Christmas Choir Competition • Emmis Indianapolis Santa and Me • The Orange County Register Second Street Lab Department Stores Arts & Crafts Stores Kids Clothing Stores Real Estate Agents Restaurants Nurseries Party Supply Packaging & Shipping Card Stores Photo Printers Movie Theaters Sports Venues Concert Venues Radio Advertising Bureau 2012 9 Beauty Time of the Year: • • Hot Body – Summer Beauty – Year Round Contest Examples: Sponsor Ideas: Rock Girl Search 2011 • • • • • • • • WHQG-FM Hot Beach Bodies • WWKX-FM Hottest Mom Contest • WKLH-FM PLAZER’s 2011 $40,000 Rock Girl Search • Hair Salons Nail Salons Tanning Salons Clothing Stores Fashion boutiques Gym/Fitness Centers Restaurants KAZR-FM Pinkalicious Diva for a Day • KidsLinked.com Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 15 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 8 Advertisers Time of the Year: • Year Round Contest Examples: Disneyland Resort Sweepstakes • KDAF – TV Clover Billboard Contest • KZST – FM March Baldness • KZEP-FM Find Scotty at Seabreeze • WROC-TV Washington Trust – ILUVRI Photo Contest • Rhode Island Monthly Second Street Lab Radio Advertising Bureau 2012 7 Halloween Time of the Year: • Halloween – October 31st Contest Examples: Sponsor Ideas: 3rd Annual Cutest Trick’r Treater • • • • • • • • • Statesboro Herald Little Rock Mamas Halloween Contest • Arkansas Democrat-Gazette Halloween Pet Photo Contest • WPXI – TV Halloween Costume Photo Contest • KFDM-TV Costume Stores Grocery Stores Candy Stores Florists Kids Museum Pet Stores Candy Brand Haunted Houses FetchToto Halloween Costume Contest • KWCH-TV Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 16 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 6 Talent Time of the Year: • • Year Round Bragging Rights Have No Season Contest Examples: Sponsor Ideas: The Tiny Tim Talent Search • • • • • • • • • • • KTAR-FM My Kid Can Sing Contest • Savannah Morning News Be Amy For a Day • KHFI – FM RockErie Music Awards 2011 • Erie Times-News Second Street Lab Craft Stores Music Supply Stores Talent Agency Dance Studio Voice Trainer Recording Studio Art Gallery Camera Store Community Colleges Pottery Studio Radio Advertising Bureau 2012 5 Couples Time of the Year: • • Year Round Holiday Specific – Valentine’s Day (February 14th) Contest Examples: Sponsor Ideas: Cutest Couple Photo Contest • • • • • • • • • • • • • • • York News-Times How We Met • The Day Cutest Couple 2012 • Kenosha News Cutest Couple Photo Contest • WGN-TV Bacardi Oakheart Sweetheart • The Reader Second Street Lab Jewelry Stores Hair Salon Hotel Travel Agency Candy Store Florist Spa Mall Restaurant Furniture Store Photographer Winery Movie Theater Live Theater Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 17 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 4 Pets Time of the Year: • • Year Round Seasonal Opportunities Like Snow Dogs & Pet Halloween Contest Examples: Sponsor Ideas: Dog Days Of Summer Pets Contest • • • • • • • • • • • • York News-Times Cutest Canine Photo Contest • Sarasota Herald Tribune Cutest Canine Contest • Newsday 2012 Pet Calendar Voting • The Citizen’s Voice Cutest Pet Photo Contest • Tribune Chronicle Second Street Lab Pet Stores Grooming Salons Vet Clinics Local Humane Society Dog Walkers Pet Boutiques Breeders Doggie Daycare Pet Boarding Facilities Dog Trainers Obedience Schools Radio Advertising Bureau 2012 3 Local Sports Time of the Year: • • Fall - Football Spring/Summer – Baseball • Winter - Basketball Contest Examples: Sponsor Ideas: Athlete of the Year-Fan Favorite • • • • • • • • • The Orange County Register Gridiron Invasion Voting • KKBQ-FM 2011 High School Football Awards • WTOV – TV Female Athlete of the Year 2011 • Citrus County Chronicle Restaurants Convenience Stores Fast Food Chains Sporting Good Stores Memorabilia Stores Car Dealers Insurance Banks Big Game TV Giveaway • Las Vegas Review Journal Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 18 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 2 Sweepstakes Time of the Year: • • Year Round Often Run Daily Contest Examples: Sponsor Ideas: Badge Magic Stick With Us! Giveaway • • • • • • • Boys Life Magazine Yacht Getaway • KTLA – TV Win a New Backyard Contest • The News-Herald Lottery Grocery Store Convenience Store Concert Venue Appliance Stores Electronics Stores Aaron Rodgers Autographed Helmet Giveaway • WLUK – TV Win a $1,000 gas card from Clark Howard • WSB – AM Second Street Lab Radio Advertising Bureau 2012 1 Kids/Babies Time of the Year: • • Year Round Holiday Opportunities – Such as Easter and Halloween Contest Examples: Sponsor Ideas: Baby Bash 2012 • • • • • • • • WEZB – FM Cute Kids Football Fan Contest • Tribune Chronicle Cutest Kid Photo Contest • Aiken Standard Insanely Cute Preschooler 2011 Children’s Clothing Stores Specialty Baby Shops Photography Studios Kids Restaurants Daycare Centers Nanny Recruitment Offices Babysitters • The Orange County Register Baby Idol 4 • WPRO – FM Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 19 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Bonus Ideas Contest Examples: • • • • • • • • • • Tattoos Lookalikes Big Local Outdoor Event Award Shows Code Word Bartender Graduation Lifestyle Patriotic Girlfriends Second Street Lab Radio Advertising Bureau 2012 What is an Online Promotion? SPONSORED CONTESTS ADVERTISER FACEBOOK CONTESTS DEALS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 20 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Marketing Choices Agency Contests Print Web On‐Air Email Blasts SEO Packages Social Media Pay‐Per Click Text Messages Direct Mail Second Street Lab Radio Advertising Bureau 2012 Agency Contests The Nashville Tennessean • Goal: To close the gap between selling advertising and selling measureable results • Result: $2.6 MM in 2 years • 50% of revenue goes into core product (print ,direct or digital) • Lesson Leaned: Social is red hot and should have moved faster in this area of sales Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 21 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Agency Contests Have an in house agency? • Facebook contests can be and important core of your model Second Street Lab Radio Advertising Bureau 2012 Agency Contests Ok, so you don’t have an agency? • Facebook Contests allow you to offer a limited number of agency services easily and efficiently • Allow you to participate in agency model without investing in other services Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 22 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Agency Contests What is the difference between running a contest on Facebook and an “agency model” Facebook contest? Second Street Lab Radio Advertising Bureau 2012 Agency Contests Components of “Agency Contest”: • Objectives are all about the client • Runs on advertiser’s Facebook page • May run on your media page as well • May include them paying for media promotion • You make it turnkey • You include design services/help with rules • Prize corresponds with advertiser’s brand • Email opt-in is for the advertiser Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 23 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Agency Contests • ABC15 – Results: • Five figure revenue • 3,000 likes for the sponsor (740% increase) • Sold 20-30 Facebook contests to major accounts in 2011 • $250K estimated revenue total Second Street Lab Radio Advertising Bureau 2012 Agency Contests • Quad-City Times – Results: • Have 7 live advertiser contests right now • Range from $5K - $15K • Building email list and fan count for local advertisers (2,000+ fans) Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 24 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 What is an Online Promotion? SPONSORED CONTESTS ADVERTISER FACEBOOK CONTESTS DEALS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Why Performance-based Advertising? Internet Advertising Revenue Breakdown 4% 31% Impression‐based Prformance‐based Hybrid 65% IAB, 2011 Ad Revenue Report Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 25 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Deals = Performance-based Advertising Why deals help advertisers? Why deals help your site? • Deals bring new customers in the door • Highly trackable with immediate results • Sustainable model for advertisers who understand their margins & limitations • New advertiser acquisition strategy • Speak to advertisers in dollars & foot traffic – not just CTR • Puts your site in the middle of the transaction Second Street Lab Radio Advertising Bureau 2012 Five Fundamentals of Deals Success Sales Focus Deal Quality Planning Success Evolving the Model Second Street Lab Database Growth & Engagement Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 26 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 CATEGORY TRENDS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Category Mix and Performance Mix by Total Revenue Retail 11% Travel 6% Average Revenue Per Deal Beauty 15% $4,711 Event 6% $2,801 $1,929 Restaurant 42% Second Street Lab Recreation 20% Beauty $2,215 Event Recreation $2,246 $2,235 Restaurant Retail Travel Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 27 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Average Price Point By Category Travel $137 Retail $37 Restaurant $13 Recreation $46 Event $29 Beauty $56 $‐ Second Street Lab $20 $40 $60 $80 $100 $120 $140 $160 Radio Advertising Bureau 2012 BEAUTY D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 28 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Beauty Sub-Category Mix & Performance Teeth 4% Mix by Total Revenue Tanning/S kin 9% Fitness 13% Average Revenue per Deal $2,819 Hair 9% Spa/Mass age 51% Second Street Lab $2,183 Hair Removal 5% $1,584 $1,875 $1,567 $1,308 $1,623 Nails 9% Radio Advertising Bureau 2012 Beauty Average Price Points Teeth $80 Hair Removal $143 Hair $44 Tanning/Skin Nails $53 $25 Fitness $77 Spa/Massage Second Street Lab $44 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 29 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Beauty: Laser Hair Removal • Arkansas DemocratGazette – Little Rock, Arkansas – Indulgences by Body Bronze – $99 for $2400 value laser hair removal service – Began 10/14/2011 – Sold 245 – Total revenue: $24,255 Second Street Lab Radio Advertising Bureau 2012 EVENT D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 30 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Event Sub-Category Mix & Performance Mix by Total Revenue Average Revenue Per Deal Concert 14% $2,331 $2,149 Theater 49% Holiday 17% Sports 20% Second Street Lab $2,038 $1,974 Concert Holiday Sports Theater Radio Advertising Bureau 2012 Event Average Price Points Theater $25 Sports $30 Holiday $25 Concert Second Street Lab $23 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 31 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Event: Holiday • New York Daily News – New York City, NY – Above All Cruises – $45 for $99 value Valentines Day Cruise – Began 2/1/2012 – Sold 192 – Total Revenue: $8,640 Second Street Lab Radio Advertising Bureau 2012 Event: Theater • Quad-City Times – Davenport, IA – Circa 21 – $48 for $96 value dinner and a show for two – Began 4/24/2012 – Sold 306 – Total revenue: $14,688 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 32 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 RECREATION D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Recreation Sub-Category Mix & Performance Summer Mix by Total Revenue Camp Wineries 1% 4% Lessons 7% Activity Center 20% Average Revenue Per Deal $3,554 $3,281 $3,337 $2,233 $2,235 $1,704 $1,559 Attraction 19% Golf 45% Activity Center Attraction Bowling Golf Lessons Summer Camp Wineries Bowling 4% Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 33 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Recreation Average Price Points Wineries $35 Summer Camp $109 Lessons $46 Golf Bowling $40 $19 Attraction $36 Activity Center $36 Second Street Lab Radio Advertising Bureau 2012 Recreation: Attraction • SourceMedia – Cedar Rapids, IA – Clarion Inn Waterpark Resort – $75 for $150 value hotel stay and waterpark passes – Began 12/1/2011 – Sold 519 – Total revenue: $38,925 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 34 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Recreation: Winery • The Washington Post – Washington, D.C. – Vintage Piedmont – $69 for $157 value wine tasting package – Began 7/18/2011 – Sold 499 – Total revenue: $34,431 Second Street Lab Radio Advertising Bureau 2012 RESTAURANT D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 35 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Restaurant Sub-Category Mix & Performance Sports Bar 4% Seafood 5% Mediterranean 1% Thai 1% Mix by Total Revenue Mexican 11% American 42% Italian 21% Indian 1% Ice Cream Coffee 2% 2% Second Street Lab Asian 6% BBQ 4% Radio Advertising Bureau 2012 Restaurant Sub-Category Mix & Performance Average Revenue Per Deal $3,112 $2,636 $2,219 $2,203 $2,057 $1,951 $1,488 Second Street Lab $1,518 $2,073 $2,174 $1,928 $1,382 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 36 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Restaurant Average Price Points Thai $13 Sports Bar $12 Seafood $16 Mexican $12 Mediterranean $14 Italian $13 Indian $12 Ice Cream $7 Coffee $10 BBQ $12 Asian $13 American $13 Second Street Lab Radio Advertising Bureau 2012 Restaurant: Seafood • Bradenton Herald – Bradenton, FL – Anna Maria Oyster Bar – $10 for $20 value $25 for $50 value – Began 1/6/2012 – Sold 1,133 of first, Sold 910 of second – Total revenue: $43,180 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 37 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Restaurant: Italian • St. Louis Post-Dispatch – – – – – – Second Street Lab St. Louis, MO Bartolinos Osteria $15 for $35 value Began 1/6/2012 Sold 3,124 of first Total revenue: $46,860 Radio Advertising Bureau 2012 RETAIL D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 38 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Retail Sub-Category Mix & Performance Jewelry 3% Mix by Total Revenue Big Box 1% Average Revenue per Deal Holiday 2% Home 15% Clothing 13% $2,413 $2,281 Floral 10% $2,625 $2,554 $2,551 $1,974 $1,748 $1,691 $1,411 Hobby 12% Food 38% Furniture 6% Second Street Lab Radio Advertising Bureau 2012 Retail Average Price Points Jewelry $115 Home Holiday Hobby $111 $19 $22 Furniture Food Floral Clothing $96 $16 $22 $20 Big Box Second Street Lab $56 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 39 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Retail: Food • The Wichita Eagle – Wichita, KS – Cocoa Dolce Artisan Chocolate – $15 for $30 value in fine chocolate – Began 4/27/2012 – Sold 824 – Total revenue: $12,360 Second Street Lab Radio Advertising Bureau 2012 Retail: Home • The Wichita Eagle – Wichita, KS – Plant Kingdom Greenhouse Outlets – $30 for $60 worth of plants and flowers – Began 3/23/2012 – Sold 495 – Total revenue: $14,850 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 40 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 SERVICE D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Service Sub-Category Mix & Performance Mix by Total Revenue Photography 6% Average Revenue Per Deal Pet 6% $2,643 $2,251 $1,938 Auto 38% Medical 15% Auto Home Medical $1,297 $1,392 Pet Photography Home 35% Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 41 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Service Average Price Points Photography Pet $77 $29 Medical $146 Home $83 Auto Second Street Lab $37 Radio Advertising Bureau 2012 Service: Medical • Tri-City Herald – Kennewick, WA – King Lasik – $1,850 for $3,700 Lasik surgery – Began 3/12/2012 – Sold 29 – Total revenue: $53,650 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 42 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Service: Auto • Billings Gazette – Billings, MT – CARNU Auto Detailing Center – $75 for $150 value auto detail – Began 3/9/2012 – Sold 367 – Total revenue: $27,525 Second Street Lab Radio Advertising Bureau 2012 TRAVEL D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 43 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Travel Sub-Category Mix & Performance National 6% Mix by Total Revenue Average Revenue Per Deal $4,332 $2,327 Regional Travel 94% Second Street Lab National Regional Radio Advertising Bureau 2012 Travel Average Price Points Regional National Second Street Lab $127 $198 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 44 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Travel • Quad-City Times – Davenport, IA – Residence Inn Chicago Downtown – $199 for $559 value two-night, two-person accommodations – Began 5/4/2012 – Sold 326 – Total revenue: $64,874 Second Street Lab Radio Advertising Bureau 2012 Travel • The Washington Post – Washington, DC – The Greenbrier – $349 for $700 value two-night package – Began 2/17/2012 – Sold 166 – Total revenue: $57,934 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 45 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 UNCONVENTIONAL DEALS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Dirt • The Omaha WorldHerald – – – – – – Second Street Lab Omaha, NE Kozy Lawn Care $200 for $415 value Ran 4/2/2012 Sold 60 Total Revenue: $12,000 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 46 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Butcher Shop • Belleville NewsDemocrat – – – – Belleville, IL Wenneman Meat, Co Began 4/4/2012 $10 for $20 worth of meat $20 for $40 worth of meat – Sold 125 of the first, 1,540 of the second – Total revenue: $32,050 Second Street Lab Radio Advertising Bureau 2012 Museum of Transportation • St. Louis Post-Dispatch – – – – St. Louis, MO Museum of Transportation 5/22/2012 $15 for 4 tickets and train rides a $48 value – 1,188 sold – Total revenue: $17,820 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 47 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Retail • Fort Worth Star-Telegram – Fort Worth, TX – Cheaper Than Dirt Outdoor Adventures – $25 for $50 in merchandise – Began 3/16/2012 – Sold 1,291 – Total revenue: $32,275 Second Street Lab Radio Advertising Bureau 2012 Shooting Range in NYC • New York Daily News – New York City, NY – Valastro International Academy – Began 2/23/2012 – $39 for $140 value shooting experience – Sold 361 – Total revenue: $14,079 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 48 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Yoga Retreat • The Washington Post – – – – Washington, D.C. Yogaville $85 for $170 $225 for $450 value weekend yoga package – Began 8/31/2011 – Sold 406 – Total revenue: $62,230 Second Street Lab Radio Advertising Bureau 2012 WWII Airplane Ride • Fort Worth Star-Telegram – Fort Worth, TX – Greatest Generation Aircraft – $60 for $120 value aircraft ride and membership to group – Began 12/12/2011 – Sold 190 – Total revenue: $11,400 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 49 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Adult Art Classes • The Washington Post – Washington, D.C. – ArtJamz – $37 for $67.62 value painting party – Began 12/13/2011 – Sold 687 – Total revenue: $25,419 Second Street Lab Radio Advertising Bureau 2012 Swimming Lessons • KTUU-TV – Anchorage, AK – Swim Like a Fish – $40 for $80 value in swim lessons – Began 4/27/2012 – Sold 626 – Total revenue: $25,040 Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 50 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Airport Parking • The Olympian, News Tribune, Bellingham Herald – Seattle, WA – WallyPark – $7 per day for value of $14.95 per day – Began 1/11/2012 – Sold 8,886 – Total revenue: $62,202 Second Street Lab Radio Advertising Bureau 2012 Brunch with Unlimited Mimosas • The Washington Post – – – – – – Second Street Lab Washington, D.C. Station 4 $15.50 for $30 certificate Began 1/25/2012 Sold 2,688 Total revenue: $ 41,664 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 51 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Grocery • SourceMedia – Cedar Rapids, IA – Gary’s Food – $25 for $50 or $48 for $100 worth of groceries – Began 1/13/2012 – Sold 2,500 total • 1,500 at lower price point • 1,000 at higher price point – Total revenue: $97,000 Second Street Lab Radio Advertising Bureau 2012 8 STEPS TO SUCCESS D R I V I N G R E V E N U E Second Street Lab | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 52 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 8 Steps to Success 1. 2. 3. 4. 5. 6. 7. 8. Define your team. Understand your goals. Target the right advertisers. Build an advertiser Facebook model. Integrated promotion. Track promotions revenue in your budget. Build & engage an email and social database. Develop a promotions calendar. Second Street Lab Radio Advertising Bureau 2012 1. Define Your Team • No one-size fits all team • Create team to ensure internal accountability • Cannot be a “side project” Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 53 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 1. Define Your Team • Standing Members – Sales Manager – Promotions Sales Expert – Product Manager/Lead • Other Potential Members – Customer Service Manager – Marketing/Community Relations – Key Traditional Rep Second Street Lab Radio Advertising Bureau 2012 1. Define Your Team Months in GREEN are ones with a dedicated rep Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 54 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 2. Understand Your Goals • What are your revenue goals? • Do you want to grow specific advertising categories? • Do you want to grow your email database? Second Street Lab Radio Advertising Bureau 2012 3. Target the Right Advertisers • What Advertisers Are You Looking To Work With? • Create a list of advertisers you want to do business with • Develop promotion ideas that would appeal to them Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 55 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 3. Target the Right Advertisers • • • KISS-FM (Detroit, MI) Budweiser Opening Act Sponsored by Budweiser Second Street Lab Radio Advertising Bureau 2012 3. Target the Right Advertisers • • • Star-Tribune (Minneapolis, MN) Reel ‘Em In Sponsored by Gutter Helmet, Rapala Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 56 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 3. Target the Right Advertisers • KFMB‐TV (San Diego, CA) • Sponsored by Lawrence Furniture Second Street Lab Radio Advertising Bureau 2012 3. Target the Right Advertisers How to Develop Sponsorship Packages • Exclusive Sponsor – Good fit for large traditional spenders. – Contests built with advertiser in mind. • Category exclusive sponsors – Multiple sponsors. – Example: Pet store, Groomer, Veterinarian. • Multiple Sponsors – No exclusivity. – Often geared to smaller advertisers. – Multiple advertisers can ad up to big revenue. – Can represent a lot of new new revenue. Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 57 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 3. Target the Right Advertisers How to Price Sponsorship Packages • Consider your prospect list and estimate what dollar amount your advertiser will invest in your contest. • Be mindful of what types of sponsorships you are offering. - Is the package exclusive? Semi-exclusive? - Is this a multimedia campaign? - What is the total value of the promotion? • What is the contest category? • How much do you intend to promote the contest? • Will you add an email opt-in for the advertiser? • Who is offering prizes: you or the advertiser? • Are there naming rights involved for the contest? Second Street Lab Radio Advertising Bureau 2012 3. Target the Right Advertisers Brand Awareness Relevant Location Multiple Locations Capacity Positive Online Presence Wow Factor Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 58 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 3. Target the Right Advertisers • The Deals Committee – – – – – Establish approval criteria & share it Vet & refine new deals Discuss pipeline, sales challenges Track & discuss the competition Learn from past deals Second Street Lab Radio Advertising Bureau 2012 3. Target the Right Advertisers Focusing on the Right Categories Category Mix by Revenue Avg. Rev Per Deal by Category Services, 14% $2,000 $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 $‐ Retail, 23% Restaurant 15.6% Beauty, 23% Event, 5% Recreation 14.9% 60% of Deals from Lowest Performing Categories Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 59 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 4. Build an Agency Model • What should you include in the sales package? – Facebook contest – Like gate for advertiser – Online promotion on your site – Print/On-air promotion – Social media mentions from your Facebook & Twitter accounts – Eblast to your promotional database – Email opt-in for advertiser Second Street Lab Radio Advertising Bureau 2012 4. Build an Agency Model • What should you charge? – Consider the value of your promotion package – Consider the value of your email list – Not a performance buy – base cost on promotional buy – Large market: up to $20K – Mid market: $5K-$15K – Small Market: $300-$5K Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 60 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 5. Integrated Promotions • Online & On Air Second Street Lab Radio Advertising Bureau 2012 5. Integrated Promotions • Social Media & E-Blasts Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 61 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 5. Integrated Promotions • Widgets Second Street Lab Radio Advertising Bureau 2012 5. Integrated Promotions • Offline & Online Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 62 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 6. Track Promotions Revenue in Your Budget • Account for total revenue generated from each promotion (online and offline) • Gauge success accurately • Shows which promotions work best • Promotions are a catalyst to integrated sponsorship packages Second Street Lab Radio Advertising Bureau 2012 7. Build & Engage an Email & Social Database 10,000 20,000 Organic opt‐ins organic opt‐ins 5,000 organic opt‐ins Second Street Lab 66% Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 63 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 7. Build & Engage an Email & Social Database • A Tale of Two Cities Revenue Growth $250,000 $200,000 $150,000 $100,000 $50,000 $‐ 1 Second Street Lab 2 3 4 5 6 7 8 9 10 11 12 13 14 Radio Advertising Bureau 2012 7. Build & Engage an Email & Social Database • A Tale of Two Cities Revenue Growth Email Growth $250,000 25,000 $200,000 20,000 $150,000 15,000 $100,000 10,000 $50,000 5,000 0 $‐ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Second Street Lab 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 64 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 7. Build & Engage an Email & Social Database Understand the Value of Your List Emails per Year Average Price Conversion Rate Average Revshare Sales Second Street Lab Opt‐ outs Database Radio Advertising Bureau 2012 7. Build & Engage an Email & Social Database • The Washington Post • Papa John’s • Offer: Free Large OneTopping Pizza & Delivery • Contest: Win Pizza for a Year Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 65 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 7. Build & Engage an Email & Social Database • Deal Ran for three days • Promotion leveraged both deals and contests • Social Boost was a difference maker: – Rewarded users for sharing with bonus entries – After submission, given referral link – Configurable where X referrals gets them X entries – 1 in 4 entries came via Social Boost Second Street Lab Radio Advertising Bureau 2012 7. Build & Engage an Email & Social Database • 132K pizzas were claimed • 65% of participants became NEW deal subscribers • 25% of claimed pizzas came from Social Boost • Papa John’s trended on Twitter • Win-Win-Win Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 66 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 7. Build & Engage an Email & Social Database Background KCRG & The Gazette Only 30% of audience had made a purchase $5 Credit – Promo Code “Lucky” Users had 30 days to use code • • • • • • • Second Street Lab Results Increased purchasers by 60% From 30% to 40% New buyers averaged 2x additional purchases after first Radio Advertising Bureau 2012 8. Develop a Promotions Calendar • • Your Contest Bank will be filled with great ideas you’ve picked WHILE CONSIDERING: • your advertiser’s goals, • special events and sections you sponsor/run through-out the year. Once its complete, you have a great contest calendar set out for 2012. Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 67 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 8. Develop a Promotions Calendar Month Theme/Season/Holiday Suggested Deals January New Years Resolutions Gyms, fitness, stop smoking, lessons (cooking, dancing, etc.), massage, Botox, teeth whitening, Health/Beauty (laser hair removal, cosmetic surgery, skin treatment) February Valentine’s Day Restaurants (capped OK), item of cool jewelry (i.e. David Kodner jelly watch), Winery or wine shop. Shared Adventure: Horse backriding, Hot Air Balloon, etc. March Spring Break (Family Oriented) Museum and Aquariums, Water Parks, Go Karts, bowling, restaurants, city tours, regional travel, mini golf. April Golf (Masters start 4/5) Golf rounds, membership, restaurants, Golf training/lessons, golf retail May Mother’s Day Spa packages; massages; house cleaning services; restaurants (capped OK); Wine Club; Manicure/Pedicure June Father’s Day Golf; gifts, bar/restaurants (capped OK) Grilling accessories, GolfTEC, Mobile Detailing, Travel Getaway July Summer Fun Pool passes, activities for families, waterparks, summer camps, regional travel, amusement parks, camp grounds, pet sitting (while you're away), July 4th events, concerts with unsold tickets August Back to School Kids clothing boutiques, retail giftcards, study tools, tutoring services, lunch boxes, online custom stickers, closet organization services, carpet cleaning, fun family activities. September Fall/Labor Day Golf course deals, tickets for fall events/concerts, massage & restaurants, outdoor activities, symphony/theater, hay rides. October Halloween Haunted Houses, Costume Shops, Halloween Events/Parties, Candy, Halloween Accessories/Decorations November Cyber Monday Week Gadgets, Restaurant gift cards, massages, general gifts, annual passes to museum Holidays/NYE (early deals/last minute holiday events, holiday photography, light hanging services, pre‐holiday house cleaning, holiday food and sweets, Edible Arrangements, retail gift cards, gift baskets NYE parties/events, restaurant and dining packages, hotel stays, limo service, New Year's Day brunch December Second Street Lab stocking stuffers) Radio Advertising Bureau 2012 8. Develop a Promotions Calendar Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 68 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 8. Develop a Promotions Calendar Month Theme/Season/Holiday January New Years Resolutions February Valentine’s Day March Spring Break (Family Oriented) April Golf (Masters start 4/5) May Mother’s Day June Father’s Day July Summer Fun August Back to School September Fall/Labor Day October Halloween November Cyber Monday Week December Holidays/NYE Second Street Lab Radio Advertising Bureau 2012 8 Steps to Success 1. 2. 3. 4. 5. 6. 7. 8. Define your team. Understand your goals. Target the right advertisers. Build an agency model. Integrated promotion. Track promotions revenue in your budget. Build & engage an email and social database. Develop a promotions calendar. Second Street Lab Radio Advertising Bureau 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 69 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 RAB Resources www.RAB.com Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 70 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 71 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 DECEMBER 2012 MONTHLY EVENTS Bingo's Birthday Month Sunday National Drunk / Drugged Driving Prevention Monday Tuesday Wednesday Thursday Friday Saturday National Write A Business Plan Month 1 Operation Santa Paws Basketball Created (1891) Safe Toys and Gifts Month Worldwide Food Service Safety Month WEEKLY EVENTS World AIDS Day 2 3 Safety Razor Patented (1901) International Day of Persons With Disabilities Special Education Day 4 5 9 Kwanzaa 12/26 ‐ 1/1 International Anti‐Corruption Day 16 10 11 National Miner's Day AFL‐CIO Founded (1955) National Pawnbrokers Day 12 Human Rights Day International Mountain Day Frank Sinatra Birthday (1915) Nobel Prize Awards Ceremonies Unicef Established (1946) Poinsettia Day 17 Wright Brothers Day 18 7 International Volunteer Day Chanukah 9 ‐ 16 Human Rights Week 10 ‐ 17 6 19 13 Pearl Harbor Day 14 National Salesperson's Day 20 International Migrants Day 21 8 National Day of the Horse 15 Bill of Rights Day 22 1st Crossword Puzzle (1913) Pilgrim Landing (1620) 23 24 Christmas Eve 30 31 25 Christmas Day 26 Canada: Boxing Day 27 28 29 YMCA Organized (1851) First U.S. Bank Opens (1781) New Year's Eve Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 72 Online Promotions What They Are and How You Can Capitalize On This Opportunity RAB Webinar, September, 2012 Thank You For Joining Us! John Potter Matt Coen SVP/Professional Development Radio Advertising Bureau jpotter@rab.com 800-232-3131 President and Co-Founder Second Street Media matt@secondstreet.com 314-880-4902 RAB Member Response member_response@rab.com 800-232-3131 Radio Advertising Bureau, www.rab.com Second Street Media, www.secondstreet.com Copyright 2012 Page 73