Nielsen Cracks the Code on ROI - RAB.com | Radio ...A breakthrough collaboration between Nielsen and...
Transcript of Nielsen Cracks the Code on ROI - RAB.com | Radio ...A breakthrough collaboration between Nielsen and...
April 28, 2014
NIELSEN CRACKS THE CODE ON RADIO ROI
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ielse
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Economy is driving increased need for marketing efficiency
Advertisers demand it
Purchasers need it
Marketers need a
more precise media mix
Marketers need to evaluate traditional media
vs. emerging choices
HIGH DEMAND FOR ROI
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ielse
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PROVIDED THE FINAL PIECE TO DEVELOP THE “HOLY GRAIL”
THE NIELSEN ACQUISITION OF
ARBITRON
RADIO ROI
WHAT IS RADIO ROI?
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ielse
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WHAT IS RADIO ROI? A breakthrough collaboration between Nielsen and various partners creating the first single-source ROI tool for radio.
NIELSEN AUDIO DATA
CONSUMER DATA
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ielse
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WHICH CATEGORIES ARE COVERED?
CPG
MEDIA
ENTERTAINMENT
RETAIL
TELECOM
RESTAURANT
TRAVEL
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ielse
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NIELSEN AUDIO LISTENERSHIP DATA
COMMERCIAL OCCURRENCE DATA
NIELSEN PARTNER CONSUMER DATA
HOW DO WE DO THIS?
ONE TO ONE DATA MATCHING ON KEY DEMOS to establish an expected (control) sample and exposed sample
ANALYSIS ON ROI
3RD PARTY
DOUBLE BLIND
MATCH
WHAT DID WE LEARN?
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ielse
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CPG
Advertisers achieved over $6 of incremental sales for every $1 spend on radio
$6:$1
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ielse
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MEDIA
Radio worked well as a reminder medium by increasing frequency
Radio demonstrated
conversion rate for promos
16%
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ielse
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Radio increased retention by as much as for a big box retailer
Radio works well for driving
loyalty
RETAIL
11%
WHERE DO WE GO FROM HERE?
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ielse
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STARTING TODAY, NIELSEN WILL MAKE RADIO ROI ANALYTICS AVAILABLE TO ALL MARKETERS