Welcome To Self-Employment And It’s All Good!

The day of the gold watch after time served with a single company is long gone and the project-by-project employment model has now been the norm for much of America for years, so why do we in broadcast and marketing so lament moving on to the next project? Maybe because we feel that all of the time and effort we put into the medium itself has somehow been wasted? Traditional media’s mutation to both new and emerging media platforms is necessary and natural, although challenging to each of us and to our individual skill sets.
Radio, from programming to sales, has always been an intensely personal medium for the producer as well as the consumer, so it stands to reason we all take any change very personally. Any good sales person has cultivated deep relationships with their clients and has thereby lived the ups and downs of each client’s business cycles and strategic decisions, good or bad for years. Sales people feel just as much loss from those relationships being severed as an on-air personality no longer being able to share in the daily life of each listener.
We are all being forced into making deeper decisions on our own path to success and relying less on any one company’s employment.
So lets try to separate ourselves from the emotion of the moment, and look at the bigger picture of starting our own business. Of course, this process begins with building a business plan for you own new company.
(From the myownbusiness.org site)
Does Your Plan Include the Following Necessary Factors:
* A sound business concept
* Understanding your market
* Healthy, growing and stable industry
* Capable management
* Able financial control
* Consistent business focus
* Mindset to anticipate change
* Plans for online business
We all need to be able to do our market research and build a model that will be in demand not just today, but into the future far enough for us to develop the skills and gather the capitol we’ll need for the next business cycle and then the process begins anew.
Now is the time for all of us to embrace our newfound independence and do everything possible to control our own destiny and no longer be working at the whim of some investment company and their momentary valuation of our worth to their strategic market play (most of those models crashed and took billions of investor’s capital with them).
Since deregulation began with the subsequent “right sizing” of some of the most creative minds in broadcast, we should do as many of them have and go about creating and building the next platform for the delivery of entertainment. As the number crunchers in San Antonio are literally executing their vision of corporate value for the next five minutes, so should we develop our own individual plan for the next several years and begin it’s implementation about right NOW! Research thoroughly, plan well, work hard and just as you always have, do it BIG! Let’s get started!     -     Garry Leigh          Snafu Consulting

Media Battle?

Traditional vs. Emerging?

(as published this week in Consultant Tips on AllAccess.com)

In digesting some new research from Sapient on social networks, mobile, search and other forms of emerging (or non-traditional) media, and building marketing plans to utilize them, I was reminded of my first days in broadcasting back in the 1970s. Questions I never got adequate answers to then remain today, 30-odd years later. What measurements best sum up our interaction or relationship with our audience … and are they remotely accurate? Arbitron, Pulse, callout, Predictor, focus groups, results at remotes … come on, my compensation is tied to a metric and I need one that works. Of course, none of these have really been able to gauge the special bond that occurs between core listeners and all that makes up their favorite radio stations. The most successful and memorable stations go beyond anything measurable and into simply sharing in, and of, the day-to-day life of a listener.

There are no metrics for trusting Kidd Kraddick’s opinion on whether I should volunteer my precious time this weekend to help a cause benefiting people I’ve never met in a town I may never visit, but he communicates the need for a Habitat Home in New Orleans so strongly that I do change my schedule and thereby change my life for the better forever. Time Spent Listening, P1, core listener, cume, cost per point, reach and frequency, number of clicks, time spent per page, unique visitors, number of hits … none have any relevance in this equation. Explain to a buyer or help them explain to the client what this bond is, and why it blows research out of the water.

Now, add the ability to build out the personality of a station with other forms of entertainment via our site or other social networking sites. In fact, let the listeners build a mash-up or two relating to their experience with the station — it’s music, our town, the personalities — and then let them save it to virally spread to their friends, thus giving it a personal endorsement, and you have the strongest marketing campaign possible, but one impossible to measure.

It started with a relationship developed through traditional media, moved to social networks, mobile and probably e-mail, plus was downloaded to at least one, if not several devices for continued interaction in the future. That’s spectacular by any measure. Let’s not think of this as Traditional vs. Emerging but rather Traditional + Emerging = more and deeper engagement with our medium via other media. We are the common thread in the fabric of the daily life of a connected listener — and if that’s not the goal, the form of measurement is irrelevant and so are we. It’s time to get engaged. Your listeners already are.

Garry Leigh