Is an internet only station comparable to a college internet station? I was asked following my post. Why did I target the college internet station and not just any internet only station?
I feel the college-operated internet station has the best case for being popular. In my mind, the market is very targeted, a pretty much like-minded group with a common interest (college), in a specified locality and surrounded by a common set of activities and functions locally. In addition, a very tech savvy group. In my mind, if an online station can attract a good listenership, this is it if the station is programmed with any level of consistency. At the stations I looked at, the stations permitted individuality in programs but a level of consistency to attract a decent cross-section of the students. I looked at stations that worked hard to build awareness and was involved with listeners by being a part of many activities.
In one instance, a college-based message/announcements channel ran the audio of the internet only station. Surprisingly 70% of the listeners to this station listened exclusively on that cable TV channel versus internet streaming.
As for the research they had done at each station, about 1/2 of 1% was about as good as it got.
One station even told me they loved that they were in new 'digs' in a building visited by many on campus students from other parts of the campus because they could leave the door open to allow those passing through or dropping in to hear the station. That station manager estimated 5% of the student population 'knew' of the station although they heavily promoted and had frequent articles in the college newspaper. They had a format of sorts (at least 4 songs an hour from the 'playlist'). This college had stats that showed an average of about 217 listening hours a week and just under 300 unique listen button clicks a week.
These figures made me realize just how few might be listening at one time and should a merchant be interested in reaching the students, how tiny that reach would be on the college internet only station.
Then again, some of these internet only college stations charge very low rates. One of these stations charges about 8 cents an impression if you buy 17 a day (less than $10 a week). The station that leaves the door open to get new listeners charges $5 a week for 5 spots a day, 7 days a week, averaging 1 client a week. Another station has only some campus clubs hosting events buying spots at $2 each. So, from the side of paying for what they do, and the number of units they sell, they can barely put a dent in the cost to stream.
So, while online listening continues to rise, certainly the stand-alone or small group hosting several streams is not getting those listeners. And most befuddling is that awareness doesn't seem to do much to change that. This leads me to think the listener has yet to build a strong habit for online listening either because listening costs data or is, in their mind, not as accessible as other options.