{"id":319,"date":"2007-12-05T22:16:06","date_gmt":"2007-12-05T22:16:06","guid":{"rendered":"http:\/\/www.wensmedia.com\/\/salesarchive\/permalink\/2007\/12\/5\/171606.html"},"modified":"2007-12-05T22:16:06","modified_gmt":"2007-12-05T22:16:06","slug":"surprise-the-low-hanging-fruit-has-already-been-picked","status":"publish","type":"post","link":"https:\/\/www.ensmediausa.com\/ens-on-sales\/uncategorized\/surprise-the-low-hanging-fruit-has-already-been-picked\/","title":{"rendered":"Surprise! The Low Hanging Fruit Has Already Been Picked"},"content":{"rendered":"<p><span lang=\"EN-US\" style=\"font-family: Tahoma\"><span style=\"color: black; font-family: Tahoma\"><span style=\"color: black; font-family: Tahoma\">If you get the same kick out of seeing your clients succeed through your campaigns as I do, let me share a secret with you.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It is based upon a principal that we all know&hellip;.<\/span><\/span><\/span><\/p>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"color: black; font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><b><i><span style=\"font-size: 14pt; color: black; font-family: Tahoma\">share of voice = share of mind = share of market<\/span><\/i><\/b><\/div>\n<div style=\"margin: 0in 0in 0pt; text-indent: 0.5in\"><span style=\"color: black; font-family: Tahoma\">Some of us however, under-estimate the power of share of voice, and how easy and inexpensive it can be for some business categories to capture.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Old school sales training taught us to &ldquo;Pick the low hanging fruit&rdquo; or to &ldquo;Go where the money is&rdquo;.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It&rsquo;s that kind of thinking that guarantees every commercial you air will have a quarter hour average of at least 10 media sales people&hellip;.each and every one of them knocking on the client&rsquo;s door tomorrow telling them they made a bad media choice.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; One of the first things I have always done when entering a new market, is to seek out categories which did not harness the intrusive power of radio to capture market share.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If, for example, no florists advertised on your station, someone in that category has a golden opportunity to &ldquo;own&rdquo; your audience. If one florist advertises on your station consistently over time, she can capture a one hundred percent share of mind with your audience with a relatively low investment.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If on the other hand, ten car dealers each spend $75,000 on your station, &nbsp;depending upon the message, each will probably only command a ten percent share of voice and ten percent share of market with your audience.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Granted, getting a prospect in a new category to break from the pack and indulge in a consistent radio campaign is not easy, even though breaking from the crowd of competitors is <b><i>exactly <\/i><\/b>what they should do.<br \/>\n<b>But here&rsquo;s the good news;<\/b><\/span><\/div>\n<div style=\"margin: 0in 0in 0pt 0.5in; text-indent: -0.25in\"><b><span style=\"color: black; font-family: Tahoma\">1-<\/span><\/b><b><span style=\"font-size: 7pt; color: black; font-family: 'Times New Roman'\">&nbsp;&nbsp;&nbsp; <\/span><\/b><span style=\"color: black; font-family: Tahoma\">75 to 80 % of businesses in your market do not currently use radio or TV advertising. And because of old-school sales training these businesses have not been bombarded with the &ldquo;we&rsquo;re number one&rdquo; media presentations that traditional advertisers have seen. <b><i>You <\/i><\/b>can be the media rep with dominant share of voice among current non-advertisers.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt 0.5in; text-indent: -0.25in\"><b><span style=\"color: black; font-family: Tahoma\">2-<\/span><\/b><b><span style=\"font-size: 7pt; color: black; font-family: 'Times New Roman'\">&nbsp;&nbsp;&nbsp; <\/span><\/b><span style=\"color: black; font-family: Tahoma\">Rate-cutting is not at the top of the non-advertisers&rsquo; lists because as non-advertisers they have not been exposed to the &ldquo;we&rsquo;re cheaper&rdquo; media sales people.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt 0.5in; text-indent: -0.25in\"><b><span style=\"color: black; font-family: Tahoma\">3-<\/span><\/b><b><span style=\"font-size: 7pt; color: black; font-family: 'Times New Roman'\">&nbsp;&nbsp;&nbsp; <\/span><\/b><span style=\"color: black; font-family: Tahoma\">Results! Results! Results! Share of voice really does equal share mind and market. And it is more cost effective for your clients to get results in a media where they have no conflicting voices than it is in a media where everyone in the category is fighting for share.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"color: black; font-family: Tahoma\">So pick the high and hard to reach fruit. It is harder to get at, but sweeter when you get there&hellip;&hellip;. for you and for the client!<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you get the same kick out of seeing your clients succeed through your campaigns as I do, let me share a secret with you. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; It is based upon a principal that we all know&hellip;. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; share of voice = share of mind = share of market Some of us however, under-estimate the power [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-319","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts\/319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/comments?post=319"}],"version-history":[{"count":0,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts\/319\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/media?parent=319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/categories?post=319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/tags?post=319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}