“What form of advertising can be experienced 24 hours a day, seven
days a week, is not surrounded by editorial, programming or photographs, and
can be targeted to reach specific audiences by neighborhood?
If you
guessed outdoor, you're right. Outdoor advertising includes billboards,
posters, airport ads, bus signs, mall posters transit shelters, stadium signs,
bench advertising and more. It is estimated that there are more than 40 types
of outdoor advertising, with billboards being the most widely recognized media.
Outdoor
advertising also has another advantage, which is cost, opening the door for all
advertisers -- small or large. According to the Outdoor Advertising Association
of America, outdoor advertising is 80 percent less expensive than TV, 60
percent less expensive than newspapers and 50 percent less expensive than
radio.
Unlike
other advertising mediums, the audience viewing outdoor advertising is often
bored, looking for something to read. This is what makes a moving billboard,
like a bus, so interesting, compellingly creative and memorable. Creativity is
the key element in outdoor advertising.
Outdoor is
considered to be one of the oldest advertising mediums, yet technology has
provided the opportunity to develop creative, eye-catching messages.
High-impact billboards now include tri-vision signs which allow three
advertising messages per location, 3-D images and even interactive billboards.
For example, a company in New York City allows drivers to switch messages on
their billboard by using their own garage remote controls. The message must
have been targeted at commuters, not New Yorkers.
Another
advantage that technology has provided is an incredible reduction in time to
print ads. Seattle-based Ackerly Group, the sixth-largest outdoor advertising
company in the world, recently installed AKMedia/Megaprint. Signs that
previously took 40 hours to paint can now be printed in just two hours by
printing on continuous inkjet printers.
Case studies
prove the right message in the right place at the right time generates sales.
Whether promoting new or existing products or personalities, both local and
national companies know by dominating the medium and moving the message closer
to the customers purchase decision, billboards work.
McDonalds
uses billboards to direct hungry motorists off a highway to a specific
location. Radio stations know the best place to remind listeners to switch
stations is when they are in their cars. Car manufacturers realize there is no
better way to reach their best prospects: drivers of cars and trucks.
Altoids
created "Curiously Strong" brand awareness after implementing a
campaign using alternative newspapers and a variety of outdoor advertising
mediums. Outdoor generated an awareness of 76 percent, market share grew by a
5-to-1 margin vs. markets without advertising, and the brand's business grew by
31 percent to $18.7 million.
New technologies have turned one of the oldest advertising mediums
into one of the most cost-effective, high-impact advertising mediums available.
It's one medium where sheer size and results are worth consideration.”
SOURCE: Denver Business Journal:
https://www.bizjournals.com/denver/stories/1998/08/31/smallb4.html
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