Get All Access for $5/mo

Selecting Stations Where should your radio and TV ads air?

Learning to be a smart consumer in the TV and radio market isn't always easy. If you're worried about making the right choice on your own, consider hiring a consultant or an advertising agency to guide you. Advertising agency owner Gene Murray says that for most small businesses, radio is probably the best solution. Television is more expensive and often reaches a broader audience than a small company needs. When approaching radio stations, learn their demographics and look closely at how they match your target market. Murray says sorting out demographics is one area where hiring an ad agency or consultant can really help. "If the businessperson tries to do it on their own, they may get confused because every radio station in the country says they're number one in a certain time spot or with a certain audience," says Murray.

Many business owners find that even local TV stations cover such a broad geographical area that they reach a lot of people who will probably never visit their stores. Unless you offer an unusual product or service that will draw people from far away, advertising on a TV station with a 250-mile radius may mean paying for 240 worthless miles. That's why radio can be the best option for your advertising needs if you only need to reach a small geographical area.

Another option that can help an advertiser pinpoint a small geographical area is cable television. With stations featuring all news, sports, music, weather and other specialized topics, cable lets you microtarget the groups that fit your ideal customer profile.

For example, a business owner looking to reach upscale members of the community might try advertising on Cable News Network (CNN). A sporting goods store might make a big splash by advertising locally during the national broadcast of "Monday Night Football," often carried by ESPN.

Cable allows an advertiser to target specific towns, without wasting money covering viewers who are too far away to use the company's product or service. And cable is very inexpensive as well. A prime 30-second spot on cable that only reaches viewers in a city of about 36,000 households would cost under $50.

Excerpted from Start Your Own Business: The Only Start-Up Book You'll Ever Need, by Rieva Lesonsky and the Staff of Entrepreneur Magazine, © 1998 Entrepreneur Press

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Business News

New Southwest Airlines Major Investor Wants to Force Out CEO, Slams Company's 'Stubborn Unwillingness to Evolve'

Elliot Investment Management announced a $1.9 billion stake in the Dallas-based Southwest Airlines on Monday and is urging shareholders to vote for new leadership.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

Elon Musk Threatens to Ban Employees from Using Apple Products, Says Will Lock Devices in 'Cages'

The Tesla founder sounded off on X following Apple's 2024 Worldwide Developer Conference on Monday.

Business News

Apple's AI Has a Catch — And It Could Help Boost Sales

Not every iPhone owner will get to use the new Apple Intelligence.