RADIO REVS UP AUTO AFTERMARKET

Intent to shop & purchase soars.

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Purpose:

Determine how radio impacts KPIs for a car parts retailer and an automotive engine product.

Key Findings:

Auto parts retailer enjoyed a 32% lift in intent-to-shop and the engine product achieved an 8% increase in intent-to-purchase as a result of the campaigns.

Key Takeaways:

  • Purchase intent increased an average of +20% among those who heard the campaigns.
    • Car Parts Retailer saw a +32% increase in intent to shop at the retailer.
    • Engine Product saw an +8% increase in intent to purchase the product.
  • Consumers were responsive to the radio ads and likely to take action after hearing the ad.
    • 60% felt radio advertising could encourage them to buy auto products or shop at an auto parts retailer.
  • Consumers were receptive to radio ads for auto aftermarket brands.
    • 81% of listeners believe it is smart for auto aftermarket brands to use radio advertising to inform consumers.
Source: Katz Analytics Auto Aftermarket Brand Lift Q3 2024

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