Areas of Competition on the Radio Market

Ryszard Żabiński

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The article presents issues concerning the intensity of competition on the radio market and the impact of this phenomenon on the marketing strategies of radio groups, economics of the industry, quality of radio programmes and perspective of market development. Competition on the radio advertisement market has become aggressive, with a price character that does not have a positive impact on the profitability of the industry. The basic tool of competition is the development of packetized advertising. Competition on the market of radio listening figures does not have a price character. It is the strongest among nationwide stations and network stations. Radio groups should develop relational strategies in order to extend bargaining power in competing with television broadcasters. It is a way to improve the profitability of the industry and the quality of radio programmes.

KEYWORDS

radio market, competition, marketing strategies, radio advertisement market