Solution Selling Promotions - Even In Crisis...#secondstreetlab @secondstreet The Opportunity with...

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Solution Selling Promotions - Even In Crisis

Ruth PresslaffEnterprise Sales

ruth.presslaff@secondstreet.com

Welcome!

Liz HuffDirector of Affiliate Success

liz@secondstreet.com

Why Promotions?

#secondstreetlab @secondstreet

The Opportunity with Promotions

Billions

2012 2014 2016 2018 2020 2022

Local Advertising Local Promotions/Marketing

Credit: Borrell

2006 2008 2010

$299

$250

$122

$266

$226$200

$184

$115$130$134

$122$122$120$84 $87 $97 $106 $129

2x 2.5x

Promotions may also help incentivize customers who may be reluctant to patronize your business.

U.S. Small Business Administration

A Tale of Three Businesses...

Frozen and unwilling to consider ANY new

investment

Know investment is good, but paralyzed in their decision making

Sees this as opportunity to build new business.

Ready to invest!

Anything that is not trackable and ROI centric is going to get hit. The further you get away from the ability to track results, you are going to have more people pull back from [it] more quickly.

Former AOL CEOTim Armstrong

Promotions Overview

Custom Advertiser Sweepstakes

Photo Contest

Video Contest

Codeword Sweepstakes

Poll

Survey

Quiz

Ballot

Bracket

What Advertisers Want Now

In the last 15 days...

Advertisers Want...

To be promoted

Ideas

Advice

To stay relevant

Opportunity to be

on-air/in print/online

Leads

Credit: Borrell

Seeking a media company

that integrates the various

forms of advertising

without buying individual

pieces one at a time.

They WantA PACKAGE

Source: Comment from Borrell’s 2019 Local Advertiser Survey

Credit: Borrell

Used Digital & Traditional Media Together

74%

Used Traditional Methods Only

22%

Used Other Methods

1%

Used Digital Methods Only

3%

Know the industry, have the

data... Be creative and

proactive. Know the market

for our industry... Knowledge

is key.

They Want Reps To

BE PREPARED

Source: Comment from Borrell’s 2019 Local Advertiser Survey

Advertisers to Target Right Now

What to Focus on Right Now

You know your advertisers need you

Having conversations is KEY

Make sure you are giving them the right ideas and solutions, at the right time

Customize your registration form● Be sure that your custom promotions:

○ Drive the measurable outcomes they are looking for

■ Ask the right lead-gen questions

■ Include an opt-in

■ Incentivize sharing

Bundle Package ● Be sure that your custom promotions:

○ Are part of a bundled campaign with elements of

your media company needed to drive success■ Core■ Email■ Online■ Social■ Promotion

The Right Prize● Be sure that your custom promotions:

○ Have the appropriate prize to drive the right audience

Price Appropriately● Be sure that your custom

promotions:○ Priced appropriately

Case Studies

Nurses Who RockWCSX-FM | Detroit, MI

● Showcase and celebrate nurses during

this pandemic

● One participant won a $150 Family

Feast from a sponsoring local pizza

restaurant for their nominated nurse

Raise the RoofKNDE-FM | College Station, TX

● 272 entries

● 253 homeowners

● 44 wanted

consultation

Take A Walk Photo GalleryWGN-TV | Chicago, IL

● Great exposure and community

engagement for Law Firm that

sponsored the gallery

Hero of the WeekOrlando Sentinel | Orlando, FL

● Honoring those who are helping out

during crisis

● Sponsored by Window Company -

filling their pipeline for later

Big Splash Gas Card GiveawayKETK-TV | Tyler, TX

● Sponsored by Pool Company - filling

their pipeline and getting service from

people who are investing in their

homes/yards

● $1,500 per month for station

Restaurant Sponsored PromotionsErie Times-News, Zimmer Radio, West Kentucky Star, & St. Louis Magazine

#secondstreetlab @secondstreet

Coronavirus QuizHerald Mail | Hagerstown, MD

● Sponsored Hagerstown Kia and

Hagerstown Honda

● Shifted dollars from college basketball

to this quiz

● $3,000 revenue

Win a Florida Vacation & Staycation SweepsNew York Daily News & Indy’s Child

#secondstreetlab @secondstreet

Wildlife Safari Enter to WinKEZI-TV | Eugene, OR

● Wildlife Safari: Families can remain in

their vehicle and drive through park

filled with all kinds of animals

● Prize: 4 tickets to the park plus a 4

person daily encounter of your choice

Home But NOT Alone! Photo Contest Paducah Sun | Paducah, KY

● Sponsored by Portable Buildings

● People are investing in home storage

and organization right now

Don’t Forget

When talking to advertisers....

● Target the right advertisers

● Be empathetic

● Understand their immediate needs

● Communicate how you can help

● Bring solutions

Resources

lab.secondstreet.com

Second Street Lab

lab.secondstreet.com9 am - 5 pm CT, Monday through Friday

Chat NOW with Success!

The Radio Playbook

secondstreet.com/radio

Turnkey List

secondstreet.com/turnkeys

Seller’s Guide

secondstreet.com/sellers-guide

Sales One-Sheets for Top Advertisers

secondstreet.com/sales-one-sheets

Ruth PresslaffEnterprise Sales

ruth.presslaff@secondstreet.com

Thank You!

Liz HuffDirector of Affiliate Success

liz@secondstreet.com

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