Mastaclocksetta said:
Well, I've said it before, and I'll say it again. I'm absolutely unconvinced as to why advertisers shouldn't care about 55+.
Most do not target 55+ because of a very simmple fact: the older a person is, the more difficult it is to convince them to try a new brand or product or service. A lifetime of experience teaches older perople to be more cautious. A lifetime as a consumer establishes loyalty to favorite brands. And a generally more conservative fiscal attitude as seniors reach retirement age makes "what if" trial sampling less likely.
Most American goods and services are designed (portion, packagfing, taste tests, utility, etc., etc.) with younger demos in mind becaue the cost of marketing to older people is high. Often, it is so high that there is no profit on the sale. Of course, there are exceptions with products generally consumed only by senioors, where there is no easier to sell market.
They need to realize that there are people well under 55 who like late 50's and early 60's music.
Advertisers don't give a darn about RADIO, let alone radio formats. They care about sales. The ad agency decides, with client approval, the media mix. 55+ products are generally not taken to radio; direct mail, specialty magazines, etc., and specialty cable are preferred.
To me, it seems that oldies stations in smaller markets (such as Ventura, CA) have a better chance of surviving is that they rely on local advertising (in this case, KVEN-AM 1450 "The Boomer"). I love that station and would cry a river if it were to drop the format. So would oldies fans all over that market.
You are right that in very small, especailly non -rated, markets, local advertisers are not as focused on the specifics of an ad campaign. However, KVEN is 13th out of 17 stations in the market in ratings, and 14th in billing. One follows the other: if the ratings are low, even if an advertiser does not buy by ratings, it means that very few are listening and that means not many people will listen to an ad and buy.
So try all you want. You're NOT going to convince me.
Unless you are a brand manager or marketing manager, it's not really important in the big picturre if you believe this or not. The fact is that od-leaning stations don't do well because most advertisers can't get a decent ROI off seniors.