With a population of 8.8 million, Boomtown is as big as Sydney and Melbourne put together
Where’s Boomtown? It’s out there – everywhere that isn’t one of the five metro markets.
Boomtown is the new collective name given to Regional Australia by an historic collaboration of six media owners: Southern Cross Austereo, Win, Prime Media Group, Australian Community Media, Imparja and Grant Broadcasters.
Their message to advertisers at last night’s media launch is: Boomtown is where businesses and brands will boom.
Chair of the Boomtown committee and Southern Cross Austereo’s Chief Sales Officer, Brian Gallagher, said: “Regional Australia is home for 8.8 million Aussies who are tapped-in, on-trend, online and ready to engage. It’s one of the largest and fastest growing markets in the country.
“Regional Australia is a Boomtown for brands who have previously underinvested in this growing market.
“Only 10% of national media budgets are spent regionally, despite 36% of the country’s population living there. That’s 8.8 million Australians being ignored by advertising in an extraordinarily uncluttered environment.”
Boomtown residents spend more on their weekly shop than their metro counterparts, and travel just as much, with 79 per cent of 25 to 54-year-olds planning to take a holiday this year*. And despite stereotypes, nearly half of Boomtowners aged 25-54 have white collar jobs.
Boomtown committee member and Australian Community Media’s National Sales and Partnerships Director, Penny Kaleta, reinforces the Boomtown committee’s passion for changing perceptions of the regional landscape.
“Metropolitan markets are currently perceived to be more valuable due to misconceptions about regional Australia,” she said.
“We need to change these misconceptions or risk becoming redundant to this prosperous market, a market that can be accessed by advertisers 24 hours a day – half of Australia’s top 10 online shopping postcodes are in Boomtown!
“Boomtown’s uncrowded marketplace is a tremendous opportunity for brands looking to cut through and achieve results.”
Fellow Boomtown committee member and Prime Media Group’s General Manager of Sales and Marketing, Dave Walker, agrees that there is a suite of misconceptions about buying into regional markets.
Mr Walker says that regional Australia is easier to buy than ever before and the consumers are valuable, and responsive to advertising, ideas and experiences.
“The combined reach of our media companies means that we can talk to regional Australia at any time across any platform. Reliance on metro spends in any campaign that targets people other than CBD dwellers is simply short-sighted,” he said.
“It’s time to think outside the metropolitan postcode and look beyond city streets. The media partners of the Boomtown collective inform and entertain the people of regional Australia with incredible content, and they respond. It’s time for media buys and industry leaders to tune in.”
This article originally appeared on Radio Info.