November 14, 2024
Salem Media Group sought to boost nationwide community engagement and drive substantial sponsorship revenue through a premium promotion. The Christmas Mortgage Miracle campaign aimed to provide financial relief to families by covering their mortgage for a month. The campaign also aimed to open new sponsorship opportunities, convert listeners into profiles, and drive incremental revenue through increased website traffic.
Salem’s Christmas Mortgage Miracle promotion has become a hallmark event since its launch in 2018. It runs nationwide, with participating stations offering new sponsorship opportunities.
Each station has the option to sell sponsorships ranging from $1,500 to $3,500. In larger markets, stations can bundle the promotion across multiple stations, leading to sales as high as $15,000 per market.
The Christmas Mortgage Miracle was structured as a sweepstakes promotion, a popular campaign type known for engaging wide audiences with large, appealing incentives.
Through the entry forms and surveys, Salem Media collected valuable data that was shared with sponsors, including:
This allowed sponsors to receive qualified leads, helping them tailor future campaigns to a more targeted audience.
It was supported by multi-channel promotions, including social media pushes, on-air mentions, and digital advertising across the Salem network.
Salem utilized a tiered sponsorship structure, offering a title sponsorship alongside two secondary sponsor slots. This allowed stations to sell sponsorships between $1,500 and $3,500, depending on market size. In larger markets, stations bundled sales across multiple stations, with sponsorships going for up to $15,000 per market.
The Christmas Mortgage Miracle delivered impressive results across Salem Media’s network, consistently generating $180,000 to $190,000 in annual revenue. Each station contributed between $1,500 and $3,500, with larger markets bundling station sales up to $15,000.
Key metrics include:
Additional metrics:
The Christmas Mortgage Miracle campaign demonstrates how Salem Media Group successfully generates revenue and valuable leads for sponsors. Through tiered sponsorships, surveys, and website engagement, the promotion consistently delivers strong results, driving up to $190,000 annually.