Wednesday, June 12, 2013

CC’s Bob Pittman Urges Better Metrics

Bob Pittman
Clear Channel CEO Bob Pittman suggested Tuesday that the media industry needs improved measurement across broadcast and digital properties and better marketing-mix models to “reflect true consumer behavior.”

“The best way to prepare for the future is by listening to the consumers,” Pittman said in a speech at the ARF conference in New York.

According to Media Daily News, one long-held belief, he said, is “convenience is king.” Even if a product is inferior -- cell phones vs. landlines, microwaves to ovens -- ease can conquer consumers. “We have to stay on top of that,” he said.

Another trend to monitor, he said, is Americans increasingly leaving the home -- opening opportunities for mobile media consumption. He said 61% of usage of Clear Channel’s iHeartRadio app is via mobile devices.

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