Why Use Billboards to Advertise?

Billboards have been around for ages. In fact, archaeologists have even found evidence of what they believe to be “ancient billboards” dating back thousands of years. Regardless of your age or where you live, billboards have likely been a part of your life for as long as you can remember. They’ve become such a common part of life that we probably don’t even think much of them when we see them. However, for advertisers, billboards can be an integral part of any campaign or advertising strategy.

Billboards aren’t still used today just because they’ve been around forever. Advertisers still use them today because they get results. The effectiveness of a billboard is measured by its return on investment (ROI), how many people see it on a regular basis based on location, how memorable it is, and how likely it is to create a conversion or a sale.

Although billboards have been around for a very long time, they have certainly changed over the years. Many companies today are choosing to use digital billboards. A great example of the power and prevalence of digital billboards in Times Square in New York City. Many, if not most, of the billboards there are now digital billboards.

Are you still wondering, “Why use billboards to advertise?” Read more to find out why this tried-and-true medium of advertising is still just as prevalent as ever!

why use billboards to advertise

Why use billboards to advertise?

The answer to this question should be obvious. It is, however, also very multi-faceted and probably more nuanced than you might think. Billboard advertising is great for targeting specific audiences, causing repeated exposure, capture attention from people who might not want to be advertised to, and so much more.

Billboards allow geographically targeted marketing.

One of the most important things to consider when crafting a marketing strategy is your target audience. You want to make sure that you’re getting your message in front of the right people. If you have brick and mortar location or a relatively limited service area, then you don’t want to waste money on ads that target people outside your area. You also want to make sure that the people in your service area hear your message. Billboards allow you to succeed on both counts.

When you put your message on a billboard, you know where people will be when they see your message. You can look at the road the billboard is on and get a good idea of where people will be coming from and going when they see your message.

The location aspect of billboards also allows you to be strategic about your budget. Billboards in more rural areas will obviously be less expensive than those in high-traffic, urban areas. However, you’ll still be able to reach a relatively large audience for a lower cost.

why billboard advertising

Repetition drills in certain messages.

Some messages are better for billboards than others. People drive by billboards regularly, but they tend to go by them quickly unless the area is known for especially heavy traffic. Messages that are easy to digest and actionable are especially effective. A study asked people to discuss their engagement with billboards. Let’s look at their answers.

On a roadside billboard, have you ever…

Billboard Advertising Stats
Notice that simple, clear, and actionable information had the biggest impact. Billboards work on an almost subconscious level, their message sinking in as people drive past them day after day. Messages that are witty, time-sensitive, or related to immediate needs all have an especially big impact on drivers.

Billboards capture one of the few captive audiences left.

Today people are inundated with advertising from the moment they wake up until their head hits the pillow at night. But people also have more ways to avoid engaging with ads, when ads come on TV they look at their phone, and they can use programs to block ads from their phone. In this sort of environment, how do you make sure that people actually pay attention to your ads?

There is one place where people have to keep their eyes on the world around them, and that’s when they’re in their car. If you really want people to pay attention to your ad you need to catch them when they are in traffic. Strategically placed billboards with the right outdoor advertising ideas allow you to do just this.

importance of billboards

Time the average American spends driving:

  • 17,600 minutes per year
  • 48 minutes per day

That’s 48 minutes a day where people are staring out the front window of their vehicle. Beyond that, it’s time when they might be thinking about your message. After drivers see your message, they will have the rest of their drive to process it. And this can happen every time they drive past your billboard!

Digital billboards have opened new avenues.

Many people underestimate the power of billboards because they have outdated perceptions in terms of their perception of billboards. Digital billboards have brought this advertising tool into the 21st century, allowing billboards to take full advantage of the latest technology.

Instead of using one permanent image, digital billboards are essentially large computer screens that can be programmed to display messages in a range of innovative ways. Things can be as simple as switching between images periodically so that multiple advertisers can cut costs by sharing a single billboard, or they can get more complex by utilizing animation and real-time updates.

People who can recall seeing a digital ad in the last month:

  • Place-based: 70%
  • Online: 43%

These figures were taken from a study based on self-reporting, but there is still a clear takeaway. When people see a message in person, they’re more likely to recall it than when they see it online. As digital advertisements become more prevalent and invasive in our everyday lives, many people have begun to not notice these ads as much. If a consumer is exposed to the same ad consistently and frequently, they may begin to experience ad fatigue. Ad fatigue is the event in which one ad appears to a consumer so many times that the CTR (click-through rate) of that ad begins to go down.

Compared to digital and online ads, billboards are clearly much more memorable and don’t contribute to ad fatigue in the same way that online ads do. People are more likely to pay attention to place-based ads and billboards because they are much more noticeable but much less invasive.

how to use billboards effectively

Billboard advertising stands above the rest.

Billboards occupy a unique place in the advertising landscape because of their physical presence. They aren’t ephemeral like radio, TV, and internet advertising. They stand on the side of the road, their message emblazoned across a giant canvas. There is a power in the billboard that other advertising tools just cannot recreate.

Billboard advertising isn’t a magic solution to every marketing need, but when used correctly it can do things that no other method can. If you have a clear and actionable message that you want to convey to a captive audience, then a billboard might be just the thing you need.

As we’ve said multiple times, billboard advertising can also be an incredibly cost-effective method of advertising. For not that much money, you can get way more eyes on your ad than virtually any other medium for the same amount of money. You can also customize the location, design, size, and type of your billboard to match your business’ specific budget and needs.

How bMedia Can Help

Why use billboards to advertise? bMedia is here to answer that question! The professionals at bMedia are the leading experts in outdoor and billboard advertising in Puerto Rico. Whether you have an idea for a billboard already and need help executing your campaign, or you haven’t even started, bMedia is here to help.

Advertising professionals at bMedia have extensive industry experience that will guarantee the effectiveness of your billboard advertising campaign. With the execution of their tried-and-true best practices, bMedia is your best bet in maximizing the effectiveness and ROI of your advertising campaign. Contact bMedia today!

Advantages of Outdoor Advertising

.Advertising can be broken up into two main categories: outdoor advertising, also known as out-of-home (OOH) advertising, and in-home advertising. The two different types of advertising have drastically different media forms, such as billboards vs. commercials, and as a result, there are benefits and disadvantages to both. In this article, we’d like to introduce you to what outdoor advertising is before discussing some key advantages of outdoor advertising. 

What is Outdoor Advertising?

OOH, or out-of-home advertising refers to any advertising media that targets consumers outside of their homes. This is obviously an extremely broad category and covers many different types of advertisements. Therefore, it’s much easier to break OOH advertising up into 4 key categories: billboards, street furniture, transit, and place-based OOH. Many of the advantages of outdoor advertising depend on which kind you use. 

advantages of outdoor advertising

Billboard-type advertising can include:

  • Billboards
  • Posters
  • Wall murals 

Examples of street furniture advertising include advertisements on:

  • Bus stops
  • Public benches
  • Payphone kiosks

Transit advertising includes advertising in or on:

  • Airports
  • Buses
  • Trains
  • Taxis

Place-based advertising includes advertisements in:

  • Stadiums
  • Movie theaters
  • Shopping malls

Globally, a lot of money is spent on OOH advertising every year. In 2019, more than $39 billion was spent on OOH ads. Many large worldwide companies such as Apple and McDonald’s, and even tech companies like Facebook and Google, still spend heavily on different types of OOH advertisements, even with the rise of other forms of advertising, such as ads on social media. 

Each different type of OOH ad serves a specific purpose. For instance, a hotel company will probably benefit from having more advertisements in airports and taxis than on billboards. As such, although outdoor advertising is a broad umbrella, individual companies and products can inform the specifics of outdoor advertising campaigns.

benefits of outdoor advertising

Advantages of Outdoor Advertising

You may wonder why companies still decide to spend money on OOH campaigns like billboards or advertisements in subways in today’s global age. There are a few key benefits that OOH ads have compared to other forms of advertising. 

1) More Noticable

One of the key advantages of outdoor advertising is that it is significantly more noticeable. Online advertising can be frustrating since so many consumers have ad-blockers in place and the ones that don’t are bombarded with so many ads, none really stand out. However, OOH ads don’t have these problems, so they’re basically “unblockable.”

In addition, it should come as no surprise that larger advertisements tend to be more noticeable. If you compare the size of a typical billboard ad vs. a Facebook ad, it’s pretty obvious which one is bigger, and therefore, is more noticeable.

2) More Accepted by Consumers

Recently, online advertising has been receiving large amounts of criticism from various regulatory parties and frustrated individuals. Online advertising is a relatively new form of advertising, and thanks to companies like Facebook & Google, is able to be extremely targeted to individual consumers. The reason why these big companies can be so effective with their advertising is due to the immense amount of data they collect on each user, something that many consumers have issues with.

On the other hand, outdoor advertising is definitely a more acceptable form of advertising to the individual consumer. For one, it has been around much longer than online ads. Consumers of all different generations have seen billboards, posters, or advertisements on the subway. Additionally, outdoor ads don’t coincide with intensive data monitoring of an individual’s online activity, something that privacy-minded consumers are extremely concerned about.

3) Helps to Benefit Other Advertising Campaigns

This benefit comes from the fact that people tend to be more perceptive of their surroundings outside of the home. Humans are made to be more alert, aware, and perceptive in both unfamiliar locations and louder, busier locations. This increased alertness means that consumers can take in your advertisements, even if they’re not consciously aware of them. This effect can boost your other advertising campaigns.

According to research from Ocean Neuroscience, consumers were 48% more likely to engage with a mobile ad when exposed to the same out-of-home advertisement first.

5) Helps with Brand Building and Recall

Outdoor advertising has shown to be very effective in building brand awareness and brand image. Since customers can’t “ignore” outdoor ads the way they can with online ads, they have very little control over what ads they see outside of the home. In addition, many consumers will travel by and frequent the same locations and the same advertisements every day, which helps to build a level of familiarity with those advertisements. Well-placed and nice-looking outdoor advertisements can make this benefit even stronger.

Therefore, working with a company that can help you intelligently design ads and properly locate them where your desired consumers will see them. In Puerto Rico, there’s no better outdoor advertising company than bMedia. bMedia will work with each individual business to design and plan outdoor advertisements, before ensuring they’ll be placed in the best possible location for your specific company.

outdoor advertising advantages

6) Cost Effectiveness

Another key advantage of outdoor advertising, especially for companies with limited marketing budgets, is its cost-effectiveness. In this current environment, outdoor advertising is often cheaper than print or digital advertising. Additionally, outdoor advertising is more long-term than print or digital ads. Companies often have to repeat payments to carry out campaigns. Paying to have an advertisement on a billboard for a month can be a much better use of funds than repeatedly paying for a commercial campaign.

Outdoor Advertising with bMedia

Ultimately, OOH advertising can be extremely profitable for your company. In order for this to occur, you must develop a creative and memorable campaign. The benefits of working with an established, reputable advertising agency are numerous. They can help with devising content, doing market research to determine optimal advertising locations, and will help you analyze the effectiveness of your outdoor ad campaigns.

If you are advertising on the island of Puerto Rico, there is no better company to work with than bMedia. bMedia is Puerto Rico’s leader in OOH media and advertising and will work with you to ensure your advertisements are seen and remembered. They are true experts in the outdoor advertising world and employ a variety of sophisticated solutions to ensure maximum advertisement exposure and effectiveness. Contact us today!

Industries in Puerto Rico

Puerto Rico’s economy has had a long and dynamic history, especially as it relates to its status as a US territory. The island is known especially for the incredible beaches and storied sightseeing destinations. This makes tourism one of its most important economic sectors. However, there is a lot about the industries in Puerto Rico that you may not know.

Up until the mid-1900s, agriculture was the main industry supporting Puerto Rico’s economy. The island, which had limited mineral resources, was largely neglected by Spanish colonial rulers. However, San Juan became a major trade port in the Caribbean. In the decades that followed World War II, factories and manufacturing became very important to the Puerto Rican economy under American rule. This shift happened because of government-sponsored economic development and social welfare programs. These developments supported private business and updated Puerto Rico’s transportation infrastructure.

Now, however, Puerto Rico’s economy has shifted into a service economy, as manufacturing growth has slowed in the past few decades. The services sector, which includes things like trade, tourism, finance, and government work, has quickly become the leading industry in Puerto Rico. The services sector accounts for around half of Puerto Rico’s GDP and employs up to 75% of all workers on the island.

industries in puerto rico

Major Industries in Puerto Rico

Agriculture

The agriculture industry is still alive in Puerto Rico. However, it is nowhere near the most dominant industry. According to recent data, agriculture makes up less than 1% of Puerto Rico’s annual Gross Domestic Product (GDP).

Puerto Rico used to have a relatively large sugarcane production industry, but this has mostly ceased to exist. This is in large part due to government regulations on sugar companies in the US and its territories, as well as on producers abroad that import to the US. Puerto Rico does have a thriving rum production industry, but it imports most of the molasses necessary.

The three traditional farm products still produced in Puerto Rico are:

  • Coffee
  • Tobacco
  • Milk

However, due to its tropical climate, many farms also produce tropical fruits including mango, pineapple, and melon. Additionally, there are beef, pork, and poultry farms that serve both local and international markets.

Manufacturing

In 2010, the manufacturing sector made up 46.4% of Puerto Rico’s GDP. However, in the past decade, a few key changes have caused the closure of many Puerto Rican manufacturing plants. Firstly, global competition has increased. This has caused companies to look elsewhere to satisfy their growing demand. Additionally, the repeal of Section 936 ended a decades-long practice where US corporations had a tax exemption on income produced in US territories, including Puerto Rico.

Despite all this, Puerto Rico still has a relatively active manufacturing sector. Over half of the manufacturing industry relates to pharmaceutical production. Pharmaceuticals make up over half of Puerto Rico’s total exports. The pharmaceutical production industry in Puerto Rico is responsible for employing over 18,000 people. Chemical and chemical products, as well as computers and electronics, make up some other large parts of Puerto Rico’s manufacturing sector.

puerto rico economy

Service

The service industry is Puerto Rico’s fastest-growing industry, and it has most recently overtaken manufacturing as Puerto Rico’s primary industry in terms of GDP production.

The three branches of Puerto Rico’s service industry, described in further detail below, are finance and real estate, trade, and tourism.

Finance & Real Estate

Finance, real estate, and insurance produce up to 20% of Puerto Rico’s annual GDP. Puerto Rico benefits from having its financial system fully integrated with the mainland American system, meaning that many American banks, real estate firms, and insurance companies have offices in Puerto Rico. 

Trade

Trade accounts for about 10% of Puerto Rico’s annual GDP. Puerto Rico is included in the USA’s customs system, and the USA is Puerto Rico’s largest trading partner. The island’s key exports are pharmaceuticals, chemicals and chemical products, and computers and electronics. Puerto Rico also has significant trade agreements with Singapore, Japan, Brazil, and the European Union.

Tourism

Tourist interest in Puerto Rico has continued to grow year after year. Tourists from both the mainland United States and from international destinations continue to be drawn to Puerto Rico’s stunning natural beauty, rich history and culture, and gorgeous tropical weather. In addition, many Caribbean cruises include San Juan as a stop. It is estimated that upwards of 5 million visitors stay at a hotel in Puerto Rico every year, with larger numbers of cruise ship passengers visiting annually as well. Tourism supplies an estimate of over $5.5 billion to the Puerto Rican economy every year.

puerto rico industries

Outlook: Which Industries in Puerto Rico are Poised for Growth?

The service industry in Puerto Rico is the most obvious for continuous future growth. Tourism interest will only continue to grow. Additionally, experts project growth in real estate and financial services for the foreseeable future as well. 

Additionally, entrepreneurship is another area with potential for growth. Entrepreneurship is currently is still at the beginning of its growth in Puerto Rico. Nevertheless, many organizations focused on growing small businesses have begun to establish a presence on the island. The Puerto Rican government also has many programs that allow aspiring entrepreneurs to access funding. 

A key factor that many companies tend to overlook is the importance of advertising. Advertising can help convey a brand’s image and desire to new and current consumers. This in turn helps to drive sales and foster brand loyalty. It’s extremely important to understand the local culture of the city, state, town, country, or territory that you hope to advertise in, and there’s no better way to do that than by working with a local advertising group.

How bMedia Can Help

No matter what industry your business operates in, bMedia’s experienced team can help you reach new customers across Puerto Rico. bMedia is Puerto Rico’s leader in outdoor advertising, with over 300 high-impact locations to choose from. Moreover, bMedia’s billboards statistically have the highest consumer traffic in Puerto Rico. bMedia leverages cutting-edge technology and industry-specific leading practices to ensure that your advertisement will be seen and noticed by the right customers. Feel free to contact us with any inquiries you have