Since 1940, when WFTM became the first radio station in Fort Myers, thousands of local business owners knew, intuitively, that advertising on the medium was a potent way to be remembered when a purchase was imminent.
Now there is proof that radio advertising creates the brand awareness necessary to drive sales.
In November of 2017, a streaming media service needed to increase consumer engagement. So, like many SWFL small business owners, the company invested in radio advertising.
According to an analysis by MARU/Matchbox*, prior to the commencement of a year-long radio advertising campaign, 17% of consumers were aware of the streaming media service.
At the conclusion of the campaign, awareness of the company leaped to 28%. That translates to 65% growth.
The result Florida small business owners should be most interested in is how this increase in top of mind awareness translated into customer engagement.
Over the course of the year of the radio advertising campaign, weekly usage of the streaming media service grew by 81%.
Many local business owners have experienced similar results from their investment on Fort Myers radio stations.
Until October 2007, there was no Chevy Dealer in Estero, Florida. That was the year Patrick Denson and Charles Winston built Estero Bay Chevrolet from scratch.
"During our first full year of sales," says Mr. Denson, "we sold 600 cars, 100 more than General Motors expected from us. This year, we are on track to sell 2000 cars. Advertising on Fort Myers radio has been part of our growth since the very beginning."
According to Mr. Denson, his dealership invests continually in Fort Myers radio. "Advertising on radio provides us with the biggest possible reach for a lot less money. We do some TV during our peak sales periods, but the expense doesn't make it viable for us to do consistently. And, since we've opened, we have never advertised in the newspaper."
Bob Bigelow, owner of Biggy's Place, has had similar results.
*MARU/Matchbox Study commissioned by Westwood One