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The Gold Crisis
Now that it's July, our attention shifts
to anticipating the Spring book, budgets and planning for that pre-fall
research project. Because the Fall book is so important to annual buys,
and because many economic forecasts see Winter '96 in the midst of a
recession, this Summer's research is going to be absolutely critical.
Recent auditorium tests have not been
stellar. Blame it on better programming techniques, increased competition
or more niche formats; but most stations libraries are in serious trouble.
The strip-mine and counter-programming tactics of the past five years
have caused formally evergreen songs to score poorly, leaving little
compelling gold for us to pound over the next six months. Perhaps the
worst villain is research itself. When there is a limited number of
songs to test, that condition allows a programmer an even smaller universe
from which to pick titles. This creates a downward spiral of shrinking
inventory and greater listener alienation.
This alienation is manifest in both a
greater perception of burn and lower familiar scores on playable songs
across the library --regardless of format, test methodology, or vendor.
This phenomenon lowers the musical strength of the radio station. In
order to hold or increase our market share, we must increase the number
of titles we test and get longer rotations out of those titles that
test well. Additionally, we must continue to research stylistically
relevant songs even after they appear too burned to play.
What we must not do is play marginal
records or increase current inventories. These are the two most common
mistakes programmers make when facing a gold crisis. As soon as you
adjust your score criteria downward, you risk weakening your station.
Simply adding current titles can only cause you heartache as you strain
your audience's capacity for new music, and handicap your ability to
make other currents familiar.
Here are some other options:
Foster familiarity. This is the
best yet most difficult way of managing The Gold Crisis. The key here
is to find a way of assessing potential. A simplistic definition of
potential is the ratio of extreme positive to recognition. High positives
on a song with relatively low recognition suggest potential. Songs with
greater potential warrant higher rotation despite their low familiarity.
It is not enough however, merely to ignore the familiarity score. Songs
with very high unfamiliar scores may well have high negative scores,
especially in tests made up predominantly of men. There is a great deal
of math required to measure a songs potential. All of a song's scores
should be taken into account. Your vendor should have some modeling
to help you. Don't attempt to gauge potential alone unless you passed
(and remember) your calculus. Use hotter rotations to bring up familiar
scores on these records.
Showcase depth. Secondary titles
that are essential to your sound yet under- perform the mean scores
of your test require delicate treatment. Make sure to bond these titles
to your core. Perfect Album Sides, Desert Island Essentials, and All-
Request shows are great mechanisms for accomplishing this. Make sure
that the songs appear tied to the audience. Give the sense that the
audience has control of your programming and has chosen these records
personally.
Gauge burn accurately. With each
new auditorium test that crosses my desk I'm reminded that the younger
and more mobile the audience, the greater the impact burn has. Keep
this in mind as you establish cut off points for burn for your audience.
Mean burn scores and standard deviations should help define what "burned"
really is in a given test. Again: check with your vendor or consultant
about the math.
Monitor recovery. Hopefully you're
seeing how inter-dependent call-out and auditorium testing are. Auditorium
testing gives us benchmarks while call-out allows us to monitor changes
in a song's maturity. A given song's appeal is going to change over
time. Stay close and manage the new risk that all songs assume over
time. Burn scores lower if a song's rotations are decreased. Monitor
the rate of recovery in your call-out as well as the rates in the growth
of familiarity relative to the spins you are giving a title. Don't forget
to take into account other play in the market. Over time the big question
that arises is that of relevance. Even though the song is no longer
burned is it still relevant ? Does it still sound like you? Conversely,
is a given song still relevant to your core once it has reached full
familiarity?
Open your style screen. Don't
blow out a title simply based on your idea of fit. Most audiences are
more stylistically diverse than we give them credit for. Yes, variety
is defined for most people with the pre-sets on their car radio. However
you garner cume with songs you share with other formats. Service your
target demographic, not your format.
Increase rotations (not inventory)
of new music. We've found that many stations can handle as much as a
30% increase (for example going from 30-40 plays a week on a given power)
in the rotations of their power currents if the station is in the business
of playing current records. This one shift can bring amazing relief
to your gold categories. Obviously this will also speed new music along
its life cycle, and help to replenish those dry gold categories. Remember:
increase rotation, not inventory.
Manage risk better. Every song
you play carries with it a measure of risk. New songs have inherent
low familiarity. Highly recognized songs shared with other stations
can bore your P1's, and weaken your image and position in the market.
Conversely, songs that reinforce your position and strengthen your core
can alienate new cume. Balance your music flow with these risks in mind.
Don't compromise the sound of your station
by lowering your song score criteria. Use the tactics outlined above
to manage the risk of increasing burn and low familiarity.
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