the golden boy said:BarryATL said:An oldies station brings in folks who tend to have a very high disposable income. Why is that not attractive to advertisers?
I heard someone say that the reason older demos are not attractive to ad buyers is because the older a person gets, the more likely they are to be set in their ways when it comes to buying products and where they buy them. Advertising is about impulse buying and since younger demos are much more adaptable to change, they can be convinced more easily into buy the newest gadgets, clothes, foods, etc.
That stereotype is something created by suits who are out of touch with reality.
I know 77 year old who has an Iphone, is more active on Facebook than her grandchildren, and is more "hip" than most 30 year olds, the difference is she has the income to afford to be. She doesn't listen to terrestrial radio anymore for the same reason Brent and others aren't, nothing appeals to her. It certainly isn't a lack of response to advertising, older people DO respond to ads and try new products. My 72 year old father is proof of that, he will buy anything in an ad. And he's more apt to listen to ads on "traditional" media like radio and TV, versus the Internet.