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The Boomer Luxury Car Buyer
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Transcript of The Boomer Luxury Car Buyer
The Boomer Luxury Car Buyer
In 2013, KGO/KSFO listeners will
purchase 29,400 new cars from
local dealers with a sales value of
$893M.
The Domestic Luxury buyer will
likely be a Male (62%), over 45 likely be a Male (62%), over 45
(52%), be college educated (68%)
and own a home (58%).
Baby Boomer: Money and the Time to Spend It
2013 Bay Area Luxury Car Spending:Baby Boomers 47-67 Years of AgeBaby Boomers 47-67 Years of Age
$900,000,000
Boomers in the South & East Bay Area Will Be Purchasing
1,000 New Luxury Cars Every Month
In The Four Key Bay Area Counties
One Out of Every Four of Those Car Buyers
Will Be Found On KGO/KSFO News-Talk Radio
How Does Your Store Get Your Unfair Share of This Market
1.Fish Where The Fish Are:
2.Always Have a Hook in The Water
Find the spot where the prospective buyer spends time so
you can target and reach them with your offer
3. Manage Your Resources
2.Always Have a Hook in The Water
Be in front of these prospects all of the time, because
you don’t know when they will start biting.
To be present with your offer at all times, you need
to manage your finite budget resources.
The Strategy to Successfully Fish the Sweet Spot:
Target Them:
Critical mass reach into the luxury car market is the first requirement in
delivering a profitable ROI. Find your potential buyer, and stay on them with
consistent valued offers.
Pick Your Spot and Keep Your Hook in the Water:
Doing due diligence on the rapidly changing media landscape will demonstrate the provable
value of the mobile , on-the-go radio listener.value of the mobile , on-the-go radio listener.
KGO/KSFO News and Talk programming captures your prospect in the car, in the office as well
as in home. We also deliver a leading share of this premium market for luxury car sales
Conserve your Bait:
Managing costs means you have a longer time with your bait in the water. Today
we can offer you the ability to use the same radio programming you hear on-air
only delivered online at lower cost.
The Boomer Marketing Toolbox
BlinksProgram Streaming /
Audio, Banner & Video AdsShort-Form on-air
promotional spots
Mobile MarketingBlinks
Streaming: This is a digital radio delivery system which captures
and re-directs the on-air programming of all 5 Cumulus stations.
The Streaming Player
Click to connect
Pre-roll video ( 15 seconds ) or
Flash Animated or Static Banner
synchronized with radio commercial
Complete audio replication
of our on-air programming
The Media Mix that Works:
Well managed media mixing delivers improved consumer response rates and marketing ROI
Why “Online Radio Streaming” vs. Traditional Radio
• Substantial cost advantage:
• hundreds vs. thousands
• Measurability and Precision
• in-office audiences
• Response mechanism built into the delivery• Response mechanism built into the delivery
• desktop / laptop / tablet listening audience has immediate
web connectivity
• Growth market
• All broadcast programming moving to streaming online
• Bay Area is a tech savvy marketplace
• Where better to utilize tech-centric marketing tools?
BLINKSBlinks are designed to support
branded advertisers in promoting sales
events in real time. They are intrusive
audio reminders which reach out to
large numbers of targeted consumers
alerting them of your sales event while
it is in progress. They are low cost,
high reach , high frequency messaging
units for driving consumer traffic to
your sales. Blinks are 5 second to 10
Sample Blinks Script: San Francisco
Acme Mercedes in Redwood City is having it’s
25th anniversary sale. Text Acme 50534 and receive
a preferred a voucher for $1,000 off any M Class Mercedes
10 sec Blink
your sales. Blinks are 5 second to 10
second commercials of about 15 -30
words.
Station Options
KNBR:
5 sec $100 only
5 sec Blinks only
KFOG: $50
KSAN: $50
5 sec & 10 sec Blinks
KGO: $50-$125
KSFO:$50-$100
The Push: Streaming Radio, Display Banners, eMail & Mobile
Generating the database means we need a strong offer, and a way to get it to as many potential
consumers as possible at the lowest cost. Cumulus media assets in the Bay Area, which include display
ad banners on station websites, 5 stations all streaming programming online and to mobile devices,
email blasts, and short-form on-air messaging (5 & 10 sec spots) are all designed to provide highly
efficient and cost managed program drivers for sales promotion.
Audience KGO KSFO KFOG KNBR KSAN TOTAL
StreamingWeekly Cost
56,843
$467
106,091
$505
38,734
$306
154,228
$815
29,310
$337
385,206
$2,430 wk
Website
Uniques39,336
$10 cpm
41,312
$10 cpm
52,348
$10 cpm
194,707
$15 cpm
45,236
$10 cpm
372,939
$10-15cpm
eMail ListPer insertion
cost
45,566
$300
16,637
$300
23,236
$300
41,439
$500
66,369
$300
195,247
$1,700
mo.
Est. New Car
Buyers per
Month
188 351 125 508 96 1,268
The Dominant Radio Format Preference in the Bay Area: News-Talk
Overview of Audience Comparison:
Luxury Car Buyers ($35K+) South-East Bay
counties, Baby Boomers A50-64
KCBS
Category KGO/KSFO KCBS
Intent to purchase
Cume Listeners 72,996 65,534
AQH A 50-64 5900 5400
Cume 50-64 135,600 198,600
Home Owners: AQH 5,500 3,800
KGO/KSFO: The Other Half of the News-Talk Market
KGO/KSFO
1.All data M-Sun 6a-12 m Jan 13 ARB PPM A 50-64 , geo-targeted to Alameda, Contra Costs, Santa Clara and San Mateo counties unless otherwise noted
All Others
Home Owners: AQH 5,500 3,800
in 4 county area 142,100 175,700
$100K + HH Incomes 4,200 2,900
" " Cume 110,500 133,600
How Mobile Database Marketing to 55 year Olds Will Work For You
As a competitor in the retail world, there are lots of ways available to you to drive sales promotionally.
Many provide some benefit between return, speed of execution and cost. Few deliver all three.
Issues arise around cost, targeting and timing. Can I afford it, will it pay out and how much time will
it take to get to market in order to see results?
Cumulus Media SF ( KNBR, KGO, KSFO, KSAN ,KFOG radio, San Francisco Magazine and our partner
sports teams, the SF Giants, 49ers, Warriors and Stanford Football offer a solution to this dilemma.
The turnkey , effective and low cost solution integrates short-form on-air messaging to drive consumers
to text a short-code / keyword ( ie: Mercedes82345) from their mobile phone to receive an offer availableto text a short-code / keyword ( ie: Mercedes82345) from their mobile phone to receive an offer available
only today and tomorrow. ( accessories, tires, service visits, routine maintenance)
The consumer responds, and immediately receive a bounce-back message with a redeemable
promo code or message to bring into your sales, parts or service departments to redeem .
All responses are banked into a database which you own for later re-marketing offers.
Benefits to your business:
• simple and very fast to market (24-48 hours) all turnkey with a phone call.
• Immediate results
• builds a database of qualified leads
• You own the short-code/keyword for use in all your media
• The technology to bring it all together
• Low cost of use: after nominal set-up, $500 month.