Hello Team
Turning your listenership into money should be every radio personality’s dream. The media sphere has greatly changed integrating new players who explore the aspect of convergence and convenience. Below is my contribution in relation to the questions presented.
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During the Music and Broadcast Conference (2016) in Nairobi Kenya , most participants agreed that it is still a tough paper to come by some empirically motivated statistics as far as listenership patterns and media consumption is concerned yet this should be the yard stick for effectively knowing and understanding your audience. Research is still a preserve for top media franchises that are ready to spend in that area. Research is my top suggestion in getting to know your audience. Whatever method is employed as long as it can lead to some formidable analysis of the demographics about your audience should be highly applauded.
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CBS Radio Buganda is one of the leading Radio stations in Uganda. Its vision emphasizes the provision of an efficient, professional, cost effective broadcasting service aimed at bringing about social, cultural and economic advancement of the people of Uganda and beyond. We have numerous farmers programs in relation to Poultry schemes, Animal husbandry, Fish farms and crop production. All these have sponsorship of some sort from Agro chemical companies, poultry breeding companies, agricultural development organizations and some national organizations like the operation of wealth creation organization. Since the stations reach is relatively large compared to our competitors, and the loyalty of the listeners since the station belongs to the King of Buganda, many of advertisers have proved the reach and effectiveness of the station through their sales.
Secondly, the non- traditional revenue generation approaches have worked for the station. Each year, the station organizes a trade fair for farmers and small-scale industries to exhibit products and new farming technologies. The audience is always enthusiastic to learn and many companies take advantage of this opportunity to reach out to the masses who turn up in big numbers.
Further still through the Cooperate social responsibility, some companies’ partner with the station to undertake regional agricultural training clinics through sharing costs or having a swap deal arrangement with the station.
Another avenue would be providing a discount rate to one company and then the competitors of that company would also wish to advertise least they are usurped by whoever is already advertising. This tactic has always worked wonders.