Title: Increasing market potential for
1- Increasing market potential for
- Wicliffe Rover
2 February 2004
2The Motors Market
- Research carried out by the Western Daily Press
enables you to gain a clear understanding of car
buyers and their intentions, within your
catchment area - Although the motors survey did not extend to the
whole Wicliffe catchment area, it is possible to
estimate the market size, value and potential
3The Motors Market
- What is it that defines a motor dealers
catchment area? - How far people are prepared to travel to buy a
car - The research study showed that on average, people
will travel over 28 miles - People are prepared to travel the same distance
to buy a new or used car - Plotting this distance around Wicliffe Rover will
enable us to identify their potential customer
base
Source NOP 2001
4Distance people are prepared to travel to
Wicliffe Rover
5The Motors Market
- Numbers of cars owned
- People in the Wicliffe area own 679,000 cars
- 76 were bought new and 19 were bought second
hand - Rover is the third most popular type of car owned
in the area
Source NOP 2001
6Car ownership in the Area
5.2 of people in the UK own a Rover 5.4 of
people in the South West own a Rover
Source NOP 2001 / TGI 2003
7The Motors Market
- Intention to purchase
- 26 of people in the area intend to purchase a
car in the next 12 months - This equates to over 116,000 cars
- 62 of these will be used cars
- 15 will be new cars
- 7 will be company cars
- 16 are undecided
Source NOP 2001
8Wicliffe Rover
- Wicliffe Rovers main media choice is currently
the Gloucester Citizen - Overlaying the Gloucester Citizens circulation
area with Wicliffe Rovers catchment area reveals
a considerable proportion of unexploited
territory
9Distance travelled to purchase a car from
Wicliffe and the Gloucester Citizens coverage
area
10The Gloucester Citizen
- The Gloucester Citizens circulation area covers
178,000 households - This equates to 40 of Wicliffes catchment area
leaving the majority of potential customers
untouched - There is a media solution to this problem, which
could add considerable additional turnover for
Wicliffe Rover
Source NOP 2001 / Experian 2003
11Western Daily Press
- 125,270 people read the Western Daily Press on a
typical morning - 238,000 read it regularly or occasionally
- These people live predominantly in market towns
and rural areas, where ownership of cars is
higher - On average, Western Daily Press readers have 15
more cars per household than non-readers in the
area
Source NOP 2001 / JICREG Nov 2003
12Western Daily Press
- 23 of Western Daily Press readers anticipate
buying a car in the next year - Readers intend to purchase
- 3,600 new cars
- 27,700 used cars
- They expect their average purchase price to be
6,700 (average for new cars 11,560 and used
cars 4,480)
thats 4m worth of cars every week
Source NOP 2001
13Western Daily Press
- The Western Daily Press covers all or part of 11
counties across the West Country and is published
in four regional editions - The Severnside edition is ideal for capturing new
customers for Wicliffe Rover
14The Western Daily Press area - editions
15Western Daily Press
- The Severnside editions circulation area covers
72 of Wicliffe Rovers catchment area - Western Daily Press Severnside readers intend to
purchase - 632 new cars
- 4,969 used cars
- Thats 15 new or used cars being purchased every
day
Source NOP 2001
16Western Daily Press
- Western Daily Press Severnside edition readers
intend to spend - over 7 million on new cars
- over 22 million on used cars
- Thats over 550,000 every week
Source NOP 2001
17Reaching New Customers
- The Western Daily Press is very effective in
reaching new potential customers within Wicliffe
Rovers catchment area when used in combination
with or substitution for the Gloucester
Citizen - The map on the next page illustrates how the
Western Daily Press dovetails with the Gloucester
Citizen to improve coverage
18How the Western Daily Press can improve coverage
for Wicliffe Rover
19Adding the Western Daily Press
- Analysis of JICREG readership data reveals that
most Western Daily Press readers do not read the
Gloucester Citizen
- This means that even where the titles cover the
same area, they are serving substantially
different groups of consumers
20Adding the Western Daily Press
Base Average Issue Readers (one advertisement) Readers
WDP Severnside readers 28,174
Source JICREG Nov 2003
21Adding the Western Daily Press
Base Average Issue Readers (one advertisement) Readers
WDP Severnside readers 28,174
Gloucester Citizen readers 80,490
Source JICREG Nov 2003
22Adding the Western Daily Press
Base Average Issue Readers (one advertisement) Readers
WDP Severnside readers 28,174
Gloucester Citizen readers 80,490
Gross readership 108,664
Source JICREG Nov 2003
23Adding the Western Daily Press
Base Average Issue Readers (one advertisement) Readers
WDP Severnside readers 28,174
Gloucester Citizen readers 80,490
Gross readership 108,664
Read both 4,294
Source JICREG Nov 2003
24Adding the Western Daily Press
Base Average Issue Readers (one advertisement) Readers
WDP Severnside readers 28,174
Gloucester Citizen readers 80,490
Gross readership 108,664
Read both titles 4,294
New potential customers added by the Western Daily Press 23,880
Source JICREG Nov 2003
25Advertising Schedule Improvement
- All newspapers have the benefit that increasing
advertising frequency will also increase the
number of readers that can be reached - However some newspapers are more efficient at
adding new readers over time - The Western Daily Press is especially effective
at increasing potential customers
26Gloucester Citizen Schedule
- One advertisement in the Gloucester Citizen will
reach 80,490 people - After 52 insertions, a Gloucester Citizen
advertiser will have reached 140,764 different
people - Some will have seen all 52 advertisements
- Most will have seen at least half of all
advertisements - Some will only have seen a few advertisements
- Now lets look and see what happens when the
Western Daily Press is added to this schedule
Source JICREG Nov 2003
27Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
Source JICREG Nov 2003
28Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
52 13 182,594 41,830
The Western Daily Press has added an extra 41,830
people
Thats 30 more potential customers for you
Source JICREG Nov 2003
29Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
Source JICREG Nov 2003
30Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
39 13 178,863 38,099
In this example the Western Daily Press has been
used in place of the Gloucester Citizen for 13
advertisements. It has resulted in over 38,000
extra potential customers but with the
likelihood of spending no more advertising budget
Source JICREG Nov 2003
31Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
Source JICREG Nov 2003 / NOP 2001
32Adding the Western Daily Press
Gloucester Citizen Number of advertisements Western Daily Press Number of advertisements Net audience Additional potential customers
52 0 140,764 0
39 26 184,147 43,383
This example shows 13 Western Daily Press
advertisements used in substitution for the
Gloucester Citizen plus an additional 13
advertisements. The number of additional
potential customers has now increased to over
43,000
This works out as an extra 26 million of
potential car purchases!
Source JICREG Nov 2003 / NOP 2001
33Summary
- Wicliffe Rovers current media schedule is
reaching less than half of their potential car
buyers - The Severnside edition of the Western Daily Press
covers parts of Wicliffe Rovers catchment area
that are currently being missed - The Severnside edition can also reach additional
customers within the Gloucester Citizens area
that are not being exposed to your advertising
34Summary
- Including the Western Daily Press either in
addition to the Gloucester Citizen, or in part
substitution can potentially reach additional
car buyers who will be spending over 26 million
in the next 12 months
Would you like some of this extra turnover?
Source JICREG Nov 2003 / NOP 2001