Originally
published on October 31, 2008
Ruth Presslaff
Presslaff Interactive Revenue
president serves the industry its own
tailored ‘information age’
Early in her career,
Ruth Presslaff learned how to turn relationships
into revenue, and that has been her mantra
ever since. Having founded her own company
more than a decade ago, Presslaff helps
radio stations communicate directly with
their most passionate listeners, which
in turn results in additional profits.
Getting
into the business: Before
I ever walked into my first class at Tulane
or Newcomb, the women’s college,
I walked into WTUL [New Orleans], the
college radio station. By my sophomore
year I was the first female, second sophomore
general manager of the station. Talk about
being bitten. I took my parents down to
the ratty basement of the university center
when I graduated, and said, “Make
no mistake, this is what I’m graduating
from; this is where I’ve learned
the most.”
First
job: I was working for
a New Orleans band called the Cold that
had Ellen DeGeneres’ brother Vance
in it. I left and ended up working for
a small syndicator, Narwood Productions,
for about six months and moved to United
Stations, doing affiliate relations. I
think I did four moves in five years,
working up from affiliate relations in
New York to managing the department in
McLean, Va., to director of Midwest sales
in Chicago selling network time, to vice
president of affiliate relations back
in D.C.
Founding
your own company: When
I left [United Stations], I knew all the
decision-makers for all the formats in
all the markets, so I figured there had
to be a rep business model to take different
products and sell them to radio stations.
And with many thanks to Steve Goldstein
at Saga Communications, I met Carl Berringer,
who was running RadioWare. I was living
in Dallas at the time and Carl was 20
minutes away and all of a sudden I’m
selling radio station music scheduling
and research software. And thank God for
Carl because he bought me a computer.
He ended up selling his company to RCS
and I ended up repping some other products.
Meanwhile, I moved to Los Angeles and
ended up working with interactive phone
systems and finding a company that would
build a product for me. I was kind of
a value-added reseller and did very well.
Arbitron needed someone who knew this
interactive technology for a company they
had bought in Santa Monica [Calif.]. I
sold the company to Arbitron and ran this
division for them called the Media Gallery.
Then I bought the company back in 1997
and changed the name to Presslaff Interactive
Revenue.
Mission
of your company: It’s
all about the relationship that media
companies have with their audience. It’s
understanding that at the end of the day
the database you build is, in my mind,
the most important asset a radio station
has. These are your listeners who give
you ratings; these are the customers who
buy things from your clients. You have
to know who they are and what interests
them—to maintain your relevancy
and build a relationship with them. We
are all about that.
Long-range
plans: We’re always
looking at new technologies. How do you
increase and learn more about listeners?
And how are you smarter about doing it?
We are both a technology and marketing
company, so we’re always going down
two parallel paths: What’s the next
thing in terms of technology and what’s
the best way to use it so our clients
are going to get value out of it? The
word “revenue” is in there,
because we understand all this stuff is
great but if it’s not making you
money, it’s not doing what you need
it to.
Biggest
challenge: It’s
gone from “Why do we even need to
do this?” to “How do we do
it better?” The tough thing is there
is no director of database marketing at
a radio station. It’s still one
of many things a marketing director, sales
manager or program director is responsible
for. It just depends on the individual
stations, what the priority is, the level
of understanding and the time commitment.
It’s the toughest thing we do—making
our ideas bite-size enough so they can
be executed easily at the station.
State
of radio: We all know
it’s hard. Could this month have
been any worse for the whole world? So
it certainly would not be factual to say
that everything is great, but you’ve
got to find your opportunities. This is
why it all goes back to the database and
the relationship and finding out what
people want—not just for listeners
but for clients as well. Car dealers still
have to sell cars, restaurants still have
to fill tables, home improvement has to
go on. Find out who needs what and provide
clients with access.
Career
highlight: I have a remarkable
team here: Jose Gomez, Jessee Parker,
Jerry Parker. Steve Zielonka joined us
from Susquehanna, and we just hired Michelle
Novak from Saga. [The company uses] my
name but it’s not just me. And the
three things I’m proudest of are
Dana, Walker and Ben: I was always so
career-focused and the fact I’ve
been married to this man for over 20 years
and have two phenomenal sons is the stunning
revelation and joy of every day.
Most
influential individual: Steve
Goldstein at Saga has been a great sounding
board since before I started the company.
Corinne Baldassano with Take on the Day
has been influential in a way she has
no idea. She used to have a sign on her
door that said, “Everything’s
going to be OK. Everyone’s going
to be all right. Everything’s going
to work out fine.” I told someone
who was writing a book about this, right
after I bought the company back from Arbitron.
I had more payroll and financial obligations
than ever before and we were making it
up as we went along. I remember going
in and seeing that sign and that became
my mantra. You have no idea how much that
saved my life.
Advice
for broadcasters: Their
imagination, ingenuity and ability to
innovate is cost-free and could reap huge
rewards. Radio has always been about theater
of the mind. Your mind. Think differently.
Think creatively. See what happens.
‘Radio has always
been about theater of the mind. Think
creatively. See what happens.’ —Ruth
Presslaff
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