Automakers and tier one electronics makers are designing
connected car systems that are changing the way consumers entertain and inform
themselves while they drive. Soon, the
two knob radio we’re accustomed to will be replaced with a touch screen audio
delivery platform, making cars essentially smartphones on wheels. How can the radio industry adjust to the new
challenges? How are consumers adjusting
to new in-car technologies currently in the marketplace?
Roger Lanctot, Fred Jacobs |
Thursday at the 2013 Radio Show, jointly produced by the
National Association of Broadcasters and the Radio Advertising Bureau, in
Orlando, FL, Arbitron Inc., Strategy Analytics and Jacobs Media presented Radio
and the Connected Car, an in depth look at the current state of in-car
entertainment, where it’s headed and what actions radio broadcasters should
take to maintain their station’s relevance in the car.
According to Strategy Analytics, the connected car industry
is growing. They project that by 2017
there will be 140 million connected cars on the road globally. While radio remains a strong connected car
component, the industry must adapt its strategy now to maintain that relevance.
Based on a series of videos showing automotive executives,
experts in the connected car industry and consumers interacting with in-car
infotainment technology, Jacobs Media concluded that there are still
improvements needed in the integration and user interface of the digital
dashboard. For now, radio maintains a
strong presence in the automotive ecosystem.
Radio and the Connected Car shows us that although there’s
some improvements needed with the new in-car technology, radio broadcasters
need to have a strategy to remain competitive with the new in-car
technology.
By investigating where auto
entertainment has been, where it’s going, and what has and hasn’t worked, Radio
and the Connected Car leaves us with the following suggestions to keep radio
the “King of In-car Media.”
- Develop your mobile strategy with the in-car experience in mind. For many car makers their connected vehicles use smartphones to link consumers with their audio entertainment.
- Align your station’s streaming experience so that’s on equal footing with competitive streams and channels.
- Engage with the connected car technology which is rapidly changing . While radio remains strong it needs to be proactive by planning and acting now to take advantage of the digital dashboard.
- Drive a connected car. Whether you buy, lease, rent or test drive a connected car, it’s important to understand how your audience will be viewing the many in-car options that will be available to them.
- Partner with a local car dealership. Getting closer with local car dealerships will help radio focus on better understanding their needs and potentially uncover mutually beneficial opportunities.
- Attend a connected car conference. Listen and speak directly to automotive leaders about both their industry and the radio industry.
- Rethink HD Radio. Most auto manufacturers believe HD Radio is a conduit to a better consumer infotainment experience in the car.
- Form a radio in-car consortium. A radio industry consortium can provide a collective support network while protecting radio’s in-car franchise and build relationships with auto manufacturers and tier 1 electronics makers.
Download the Executive Summary: Click Here.
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