Saturday, April 3, 2010

Bust a Rate

I suspect that Taz’s point of view on the subject of rate integrity—he’s not a fan, urging flexibility—will touch a nerve in many small market and local-direct broadcasters, as it has in me.

We all live in small communities; regardless of the population of our trading area, there is a handful of people with whom we deal—and they all talk to each other. If in my local market I were to adopt the freewheeling approach advocated by Taz in his column, I don’t know if I would go out of business, but my standing in the community would certainly go down the drain.

Sure, there were times when I would accept a lowball rate from an ad agency or large regional advertiser, and I’m not proud of the fact that I did so knowing it was unlikely that word would get back to my local florist or banker.

I’ve always operated on the philosophy that if one day all our rates and all our deals with individual advertisers appeared in the local paper, I could justify each and every one of them based on frequency, class of service, and so on.

So, I have to wonder whether observing rate integrity in our local markets is a product of hubris or practicality?

Remind me to ask Gordon or Jeff the next time we’re kicking back.

No comments: