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6 Statistics on Billboard Advertising

Posted on October 18, 2022 by admin

Billboards are a form of outdoor advertising that have been around for more than 100 years. Thus, we have plenty of statistics on billboard advertising we would like to share.

The primary purpose of a billboard is to promote a product or service by displaying an image or message large enough to be seen from the road, on a vehicle, among various other ad inventories.

Although billboards are no longer limited to paper posters, they are often still referred to as “billboards”, and can be found in many places where drivers might stop or slow down, including gas stations and rest areas along highways and roadsides throughout cities or rural areas.

Statistics on Billboard Advertising

The first point to consider is that billboards are the most common form of outdoor advertising. They can be seen from a distance, and they can be located in areas where people who aren’t driving will encounter them. Even if you don’t drive by them, you may walk or bike past one on your way to work or school. Here are some other statistics on billboard advertising worth considering.

#1: 71% of people surveyed about billboard advertising stated they had viewed at least one while driving.

Billboard advertising is so successful because they are seen by millions of people every day. This makes them one of the most cost-effective methods of reaching large audiences quickly and easily across a wide or local geographic area.

According to a 2009 study of US adults 18 or older, ninety-eight percent have either driven or ridden in a vehicle in the past month. The same study found that 71% of travelers look at messages on roadside billboards. Even more impressive, more than 37% of traveler’s look at an outdoor ad each or most of the time they pass one, according to the study.

#2: Billboards make up less than 3% of all North American advertising spend

Statista records that of the $297 billion USD spent in North America in 2021, a mere $7 billion are due to billboards.

Billboards have been considered an effective way to advertise for more than 100 years, and unlike other forms of advertising, their effectiveness has not diminished over time, even if the advertising industry is moving towards digital experiences.

#3: Advertisers in the North America saw a 12% dip in ad spend in 2020, but hit back with 16% growth in 2021

Like many industries, the COVID-19 pandemic affected businesses, persons, lives, and loved ones – including in Billboard advertising. In 2020, the industry contracted 12% when compared to the previous year. However, 2021 saw a jump in demand of 16%, exceeding pre-pandemic levels.

For reference, during the same period (2020-2021), digital advertising spend across North America increased by 19%.

#4: Billboard advertising works for multiple interests, intents, and buyers

89% of those surveyed consider billboards to be an effective form of advertising. Billboards are used by companies, politicians and even small businesses in order to promote their products and services.

According to Forbes, billboards ability to serve a variety of messaging in highly localized ways encourages the following:

58% of billboard viewers learned about an event they were interested in attending.
58% of billboard viewers learned about a food establishment they would later visit.
56 % of billboard viewers actively engaged in conversation about something funny they saw on a billboard
33% of billboard viewers were reminded to watch a favored TV program.
Roughly 30% of billboard viewers took note of a phone number or web site address on a billboard.

#5: 13% of survey respondents state that they are most likely to remember billboard ads when they are driving along an interstate highway

One of the greatest challenges facing billboard advertising is finding a way to maximize exposure while keeping costs down. In order to do this, it’s important to understand the best places to put your billboards and how they’ll be most effective in each location.

In the US, Interstate highways are some of the busiest roadways in existence; according to data from the US Department of Transportation, about 200 million Americans drive along interstates every day.

Given the pure volume of traffic along North American interstate highways, billboards can reach millions of individuals – some multiple times a day

#6: Buying decisions are made everywhere – especially when travel or commuting is involved

A US National In-Car Study in 2009 found that billboards command attention and increase a desire to make a purchase.

72% of billboard viewers frequently or sometimes shop when going home
68% of billboard viewers frequently or sometimes make shopping decisions in the car
38% of billboard viewers make the decision to stop at the store while on their way home
24% of billboard viewers say they were encouraged to go to a particular store that day
32% of billboard viewers, instead of going that day, visited the retailer within the week

One of the best things about billboards is that they are highly visible and in a public place where people are likely to be traveling. This means that you can reach consumers who are out and about, moving from one place to another.

Billboards also have a long track record of being an effective form of advertising. They have been in use for more than 100 years, which means that there’s plenty of data on their effectiveness over time. This makes them far less risky than other forms of advertising because you know exactly what you’re getting into when you choose this type of marketing strategy as part of your overall campaign strategy.

If you’re looking for an effective way to advertise your products or services, then billboards might be just what you need!

bMedia and Billboard Advertising

While some may argue that billboards are an outdated form of advertising, it’s important to remember how influential they can be. While there are many forms of media available today, billboards are still one of the most effective ways to reach a large audience and make an impact on their purchasing decisions.

As a local leading media company, our goal is to provide advertising vehicles that make your message get through to your target market in order to solidify your brand image and/or increase your sales through impact, quality, innovation, and distinct services. We have specific statistics on billboard advertising within the Puerto Rican market that will prove just how cost effective billboard advertising can be.

Media Selection Process

Posted on July 12, 2022 by admin

Out-of-home advertising, also known as OOH, has stood the test of time as a reliable and powerful advertising medium. However, even the most beautifully designed billboard or poster won’t sell your product or service if it is not carefully thought out. Advertisements need to be carefully thought out and planned out. The media selection process of a billboard or other OOH advertising contributes to the success of an advertising campaign.

Goals and Objectives In the Process of Media Selection

The initial step in the process of media selection is to consider what you wish to achieve from your outdoor advertisement. What is the primary goal? Is it to increase sales? Is it to establish a brand presence? Or is it to promote a particular event? Setting these goals at the beginning of your project will map out the necessary efforts to achieve these specific objectives.

Media Planning and Strategy Audience and Demographics

Many factors go into media selection, but many focus on your audience’s characteristics. One of the first steps in media planning and strategy is identifying the target audience, which will help you focus your marketing efforts and budget on groups most likely to become customers.

Your advertising campaign can only generate business leads well if it’s effectively exposed to the target audience. Even an outstanding billboard will fail to meet your goals if you target the wrong audience or are in the wrong location. Media choice is determined by the number of viewers and other target audience demographics such as income, gender, family size, and education level. If product demand is higher within a particular demographic, you can research design and communication trends that cater to that audience, which you can later incorporate into your advertisement.

Competition and Product Demand

Market research into your brand’s competitors is crucial to media planning. You don’t want your ad to be drowned out by competing ads. You also don’t want to take the same approaches your competitors take. Ultimately, you want to stand out and be memorable.

Placing your advertisement in areas where product demand is high can increase your market share in the area. On the other hand, strategically placing advertisements in areas with lower product demand can boost brand presence in a new geographical market.

Market research will give your team valuable insights into product demand according to the location and demographics mentioned previously.

Media Planning and Advertising Budget

For your business to generate a profit, you must invest in a media planning and advertising budget. Having a budget will help you better understand advertising requirements and their costs, helping you monitor expenses and ensure advertisement activity is within budget. Setting a budget will depend on existing market share and competition, product life cycle, and frequency of the advertisement. Billboards in high foot-and-vehicle traffic areas can be more costly, but they can also generate a more significant ROI than choosing an affordable billboard with less viewership. An inaccurate budget can increase overall costs if the target of the original budget can’t be met, so it’s essential to consider the budget carefully.

Media Type, Location, and Season

Once a budget is set, the next step of the media selection process is determining what type of billboard and which location is the best for your advertisement. Marketing teams should ask themselves:

Which billboards are most appropriate for their marketing goals?
How can your message be communicated in the most effective way possible?
Do you want to make your ad digital, or is the old-fashion static billboard the best route?

It’s crucial to leverage key locations that match your target demographic. If you are a company selling luxury goods, you’ll want to advertise in areas that will allow you to get the correct information to the right people.

Companies can also leverage the season they choose to advertise. If you’re promoting a new children’s toy, an optimal time to advertise would be during the holidays. If you’re advertising your new pool cleaning service, you might want to advertise during the summer. Being mindful of different consumer holidays and seasons with increased product demand can help ensure your ad gets delivered to your consumer at the right time.

Effective billboard designs

The design and message of your billboard will capture the viewer’s attention. There’s no one-size-fits-all design technique for a billboard. However, bright colors and sharp contrasts make for an attention-grabbing billboard. Proper font usage and readability will also play a role in increasing reach. The key is to keep it simple. A rule of thumb is to use fewer than seven words and more irregular than three visual elements. You want your billboard to be easy to understand and digestible.

Grabbing the consumer’s attention is half the work. The next is to get them to take action. How can you design your billboard in a way that will want people to act on your message? Thoughtfully planning the different design elements of your billboard will allow

bMedia – Puerto Rico’s Advertising Experts

bMedia are Puerto Rico’s advertising experts. If you want to grow your business on the island, we’re here to help make that happen. Let our team of experts guide you through the media planning process from beginning to end. bMedia has a wide selection of outdoor media, like billboards, to choose from. On our website, you can click on each billboard type and learn more about the specific advertising format.

Our seasoned team can work with you to plan and execute your next extensive advertising campaign. We have the reach, analytics, and knowledge to help you get your message out to the public in the most effective way possible.

Increase Brand Awareness

Posted on July 1, 2022 by admin

According to Forbes, most people are exposed to between 4,000 and 10,000 ads per day; there is a challenge for companies to cut through all the noise and make an impact on advertising. Today’s business environment is overrun by competition; you need to differentiate yourself from everyone else. Your product needs to stand out, and increase brand awareness is one of the best ways to do it. This is one of the most powerful advertising mediums for instant recognition and trust among your customers.

Companies can harness the power behind brand advertising platforms such as Out of Home Advertising – OOH to build brand recognition and awareness and expand the market.

What is OOH Advertising?

As the name suggests, Out of Home advertising or OOH is an advertising mode found outside the consumer’s home. Companies like bMedia group are leveraging this platform to give businesses a fighting chance.

OOH is inclusive of everything; benches, bus shelters, and billboards. If you can see an ad outside your home, and it’s not on your mobile phone, you are most likely looking at some form of OOH.

Because people spend a lot of time outdoors, the growth of digital advertising has made it hard to get your message heard quickly. OOH provides a solution that combines both digital advancements and traditional advertising, a powerful tool for marketers and advertisers.

Out of Home Advertising Incredible Statistics

Here are some incredible statistics about billboards you probably did not know:

In 2018, advertising through OOH was the only traditional tool that showed growth. More than $8 billion was used in OOH ads, growing quarterly.
Over 80% of billboard viewers look at the message, and almost half look at the images.
Three-quarters of people have noticed the ads on digital billboards, subway, static billboards, newspaper stands, and taxi cabs.
Over 69% of all billboard viewers have made purchasing decisions due to OOH ads.

In this regard, it goes to show that incorporating OOH ads in your marketing for brands plan can do the following:

Build and Maintain Your Brand Awareness

OOH provides the perfect opportunity to instant increase brand awareness, popularity, and elevate its credibility. These strong carryover effects ensure that your awareness strengthens over time.

The larger-than-life images, strong branding awareness, and excellent visibility causes your company to stand out in this cluttered digital space. This is not a competition with other forms of media but a way to cut through the plethora of adverts.

Digital billboards will go a long way in promoting your brand and ensuring your name is on the lips of your potential clientele.

Reach a Massive Audience

OOH provides the most continuous brand popularity and presence of all advertising modes. It informs, stimulates, and entertains one’s senses 24 hours a day. In addition, the ad reach is a much larger audience that includes people who are not constantly on social media.

It also reaches an audience that’s hard to find and engage with, such as people who are cost-prohibitive and light TV viewers. With the many different types of media becoming increasingly fragmented, advertisers need to expand, and OOH targets a very broad demographic.

Sustain Awareness

OOH can maintain your brand’s awareness over time. Therefore, it is more significant and sustainable than other advertising mediums such as television. This is because its continuous presence reaches an audience that other media outlets cannot reach.

The high frequency is also a fundamental strength of OOH. The repeated exposure will ensure that your brand is forever remembered by those who view it.

How Do You Measure The Effectiveness of OOH?

Puerto Ricans are greatly deluged with visual stimulation, and it is estimated that, on average, they can actively view as many billboards as possible. So, naturally, this registers strongly in their minds.

However, for a billboard to be effective and truly stand out from the competition, it must have a captive audience, such as people on a bike, walking, running, or driving. This ensures they cannot ignore the billboard.

Measuring the effectiveness of a billboard is important for every campaign. Therefore, the billboard company, such as bMedia group should provide you with specific data and statistics as pertains to:

The Location

OOH is a unique way of advertising that’s not dynamic. With the internet, ads can change within a short time span. Still, billboards change less often and sometimes offer the most effective ad strategy.

Measuring their effectiveness starts with evaluating the location of their placement. The points to consider include the following:

The number of vehicles or people that are passing by the billboard daily.
The number of people and cars that see the billboard per day.
The number of vehicles or people that interacted with the billboard per day.

How To Measure The Traffic Effectiveness of a Billboard

To measure its effectiveness, it is essential to know the exact amount of traffic surrounding the billboard’s location.

The first thing is to try and find the perfect and most ideal location with a lot of traffic. However, you should know that such areas are usually higher priced than areas with lower traffic. Still, with the amount of business your company will likely receive, this is more than worth it.

Measurement of the traffic is done through many different methods, including using government data, road traffic counts, manually logging in the daily data, and road traffic counts.

The numbers will help determine the ideal location for placing your billboard.

Analytics

Suppose you have a slogan, catchphrase, or brand name unique to your business. In that case, you can use Google Analytics data to scrape methods that can be used to analyze how often those specific words and phrases are typed into search engines.

This is similar to executing keyword search for SEO and helps you understand how you can measure the billboard’s effectiveness. The more search hits your brand name has, the higher the number of people viewing your billboard and taking action.

Hashtags

Hashtags have been used widely to provide enough opportunities to get customers on board for a specific message. In addition, you can utilize hashtags to better evaluate the effectiveness of your billboard ad. The number of people responding and commenting on the hashtag is a great measurement.

Sales Analytics

There is a direct relationship between the number of sales and outdoor ads. The higher the sales figure you receive after placing a billboard ad, the more effective the billboard. Essentially the billboard should bring in more customers, which increases sales. If this does not happen, then it is not effective.

Are You Looking To Advertise Through OOH in Puerto Rico?

At bMedia Group, we are the local leaders in everything related to outdoor media in Puerto Rico. As a local company, we provide advertisement vehicles that will make your message get through to your target audience and help increase brand awareness.

Contact our sales team today for an in-depth analysis of this winning advertising model!

Impressions vs Reach

Posted on May 29, 2022 by admin

In marketing and advertising, the Rule of 7 is a common concept that states that your potential customer needs to see or hear your brand name roughly 7 times to convert. This is one of the reasons that billboards are so important for companies who want to attract their clients and grow their customer base. However, what are the main differences between impressions vs reach?

As a local leading media company, bMedia’s goal is to provide advertising vehicles that make your message get through to your target market to solidify your brand image and/or increase your sales through impact, quality, innovation, and distinct services.

What is Reach and Why is It Important?

Reach is defined by Hootsuite as being the number of people who have seen your ad at least once and can be categorized as either organic, paid, or viral.

Organic reach refers to the number of individual people who saw your content through their timelines or news feed on their own.

Paid reach is the number of people who saw content that was paid for, such as an ad.

Viral reach is the number of people who saw your content because one of their friends interacted with it.

Reach is an important metric to use when considering your marketing campaign because it counts the unique size of your audience; having your reach outlined helps you when you’re trying to understand the impact of your content.

Is Reach the Same as Impressions?

Reach is not to be confused with an Impression. However, when it comes to impressions vs reach, both are equally important metrics for tracking the success of your billboards and campaigns.

Where reach is how many people have seen your content, Impressions are the number of times your content has been displayed to your audience, regardless of if they clicked on it or not. Impressions may show up on your audience’s timeline without them having seen or taken it in. Furthermore, it still counts as an impression simply because it appeared on their web page regardless of whether it garnered engagement.

For example, a piece of content posted on Instagram may pop up on someone’s timeline, and whether they clicked on it or simply scrolled past it, it is still considered an impression.

Which is Better – Reach or Impressions?

There are plenty of similarities between impressions vs reach, but is one better than the other?

When strategizing a new campaign, you want to be sure of which metrics you’re measuring advertising effectiveness and success.

Each Key Performance Indicator (KPI) has a different outcome in terms of success and completely depends on your goals. If you’re unsure whether the amount of ads you’re putting out is too little or too much, you’d want to track impressions. If your ad is sent out and has little engagement or a low conversion rate (someone taking the action you want). Each gives you different information and campaign insight about your ad and content performance to figure out the effectiveness and any changes you may need to make along the way.

What Is An Impression on a Billboard and How Do You Measure It?

While social media has tons of analytic tools at your disposal, outdoor advertising options (OOH) are a little trickier to track. To do this, you will need a combination of strategies from multiple sources to calculate your success.

Billboards are the most common for those that are on the road or even just walking down the street – as we all can attest to, they are everywhere. The size of these ads is created as such to draw your audience in through their regular routines. Not only that, but they are massive, sturdy structures that can be seen from far away – quite literally hard to miss.

When it comes to OOH advertising, tracking Impressions is a little different. Rather than having data on how many people were exposed to your ad, it’s important to be mindful of activity in the area and the level of engagement. This is mostly calculated through traffic patterns to estimate the number of people that saw the ad through the Traffic Audit Bureau (TAB) using surveys, market research, and more to measure the number of impressions. This information helps you define demographics, interests, consumer characteristics, time spent near the ad, vehicle speed, and much more.

How to Measure Reach with Billboards?

In OOH Advertising, Impressions calculates how many times a person sees your ad on average, where Reach focuses on the bigger picture – the entire population – and the number of times a person has seen your billboard at least once. Reach is calculated technically – using road type, distance on the road, size, and billboard characteristics, to name a few.

Using Reach and Impressions to gauge the performance of your advertisement are great indicators of success, as well as what you can do better next time.

Why Should I Use A Billboard in My Marketing Strategy?

Billboards have been used for years, and are not going out of style anytime soon.

Their effectiveness is unmatched, sometimes without your audience even recognizing the effects of the persuasiveness taking place. You may have used them on a long road trip to play the alphabet game, intaking more information than you thought.

They are psychological attention-grabbers, feeding your audience different messages and calls-to-action (CTAs) with your brand.

On the internet, your audience has more control over whether they see an advertisement, or how often they are on their phones or laptops at all. With billboards, they are physically and mentally hard to ignore, as they surround much of our daily lives and routine. By implementing billboards into your marketing strategy, you take back some of that control and can influence your target audience more easily.

Choosing the right group to help you find that client base is even more crucial in your advertising strategy plan – which is why bMedia statistically has the highest consumer traffic for their island-wide billboards.

bMedia is the perfect agency to help you reach your audience when you want, where you want.

Creative Strategy in Advertising

Posted on April 26, 2022 by admin

In today’s fast-paced marketing world, creativity isn’t optional; it’s essential. With consumers exposed to thousands of ads every day on radio, TV, social media, and outdoor platforms, capturing their attention requires more than a catchy slogan. It demands a well-crafted creative strategy.

At bMedia Group, we specialize in creating bold, memorable advertising campaigns that break through the noise, particularly in outdoor and out-of-home (OOH) media. Let’s explore how a strategic and creative approach to advertising can elevate your brand and why it’s a must-have for long-term marketing success.

What Is a Creative Advertising Strategy?

A creative strategy is a structured plan that guides how your business communicates with its audience through marketing. It aligns your branding, goals, audience insights, tone of voice, and messaging into a cohesive roadmap for content and campaign execution.

At its core, a creative advertising strategy helps businesses:

Define their target audience and key messages
Determine which advertising channels are most effective
Set measurable goals and KPIs
Create compelling visual and verbal brand elements
Develop memorable campaigns that connect emotionally

Identifying Your Target Audience: The First Step in Creative Strategy

No matter how clever your message is, it won’t succeed if it’s aimed at the wrong audience.

Your creative strategy begins with audience targeting. This involves identifying the people most likely to connect with your product or service, understanding their behaviors and needs, and designing messages that resonate with them. Utilize tools such as market research surveys, competitor analysis, and customer data to develop accurate buyer personas.

Once you’ve honed in on your ideal audience, your advertising message becomes sharper, more relevant, and far more cost-effective.

Aligning Your Brand Voice and Message

A successful campaign isn’t just eye-catching; it reflects your brand’s voice, values, and tone.

Ask yourself:

What does my brand sound like?
How do I want customers to feel when they engage with my ad?
What core message do I want them to take away?

Whether you’re aiming for a bold and edgy campaign or one that’s heartwarming and emotional, your messaging should stay consistent across platforms. Keep in mind that effective advertising focuses on benefits over features – emphasize how you improve the customer’s life, not just what you sell.

Powerful Call-to-Actions That Convert

Once your audience is hooked, it’s time to drive action. This is where your call-to-action (CTA) comes in.

The CTA is the bridge between interest and conversion. Strong CTAs use direct, benefit-driven language to push users toward a desired goal.

Examples of high-performing CTAs include:

“Get a Free Quote Today”
“Find Your Nearest Location”
“Book Your Adventure Now”
“Don’t Miss Out – Subscribe Now!”

In outdoor advertising, CTAs must be instant and straightforward; viewers only have a few seconds. Clear, concise language is key.

Setting Marketing Objectives and Tracking Performance

Every great creative campaign starts with specific, measurable objectives. These help ensure that your efforts aren’t just innovative but also practical.

Ask yourself:

What does success look like for this campaign?
Are we aiming for brand awareness, lead generation, or direct sales?
Which performance metrics will we track?

Popular advertising KPIs include:

Click-through rate (CTR)
Impressions and reach
Return on ad spend (ROAS)
Conversions
Customer acquisition cost (CAC)

These metrics let you test, learn, and optimize your creative strategy over time.

Why Brand Style, Voice, and Tone Matter in Advertising

Your brand identity is more than just a logo. It’s the total experience you create for your audience, and it plays a massive role in whether your ads succeed.

Key elements of brand identity include:

Logo and visual style
Typography and color palette
Taglines and slogans
Emotional tone and language choices

Think of McDonald’s. Their visual elements (red and yellow), slogan (“I’m lovin’ it”), and even jingle are deeply etched into public memory. That’s the power of consistent branding across all marketing channels.

Collaboration and Timeline: Building a Campaign That Stays on Track

Great creative campaigns are rarely built in isolation. Stakeholders across marketing, sales, design, and leadership must be aligned on goals, messaging, and timelines to ensure effective collaboration.

Create a shared calendar or project tracker with key milestones like:

Concept development
Design approvals
Ad placements
Campaign launch
Performance reporting

Having clear checkpoints helps teams stay organized, communicate effectively, and keep the campaign moving forward on schedule.

Why Creative Strategy in Marketing Matters More Than Ever

With competition rising and attention spans shrinking a thoughtful and creative strategy is no longer optional. It allows your business to:

Cut through the noise with a unique message
Build long-term brand equity
Deliver consistent experiences across channels
Adapt to evolving audience behaviors and trends
Maximize advertising ROI

In short, a creative strategy serves as the blueprint for memorable advertising.

Types of Creative Advertising Strategies That Work

Creative strategy isn’t one-size-fits-all. Here are a few approaches we’ve seen work wonders:

Be Responsive and Accessible

Modern consumers expect fast answers and real-time interaction. Keep lines of communication open across all channels, including social media, email, chat, and phone.

Make It Memorable

Use slogans, jingles, or unique visuals that stick. Consistency across your messaging will increase brand recall and loyalty.

Use Out-of-Home (OOH) Advertising Wisely

Billboards are not just old-school; they’re high-impact and high-visibility. Whether static or digital, they offer exposure 24/7 and are trusted by consumers more than online pop-ups or banner ads.

Leverage Digital Billboards

Today’s digital out-of-home (DOOH) technology allows brands to run dynamic, data-driven campaigns on bright screens across cities and highways. You can even change messaging by time of day, weather, or audience demographics.

Use Out-of-Home (OOH) Advertising Wisely

Billboards are not just old-school; they’re high-impact and high-visibility. Whether static or digital, they offer exposure 24/7 and are trusted by consumers more than online pop-ups or banner ads.

Leverage Digital Billboards

Why OOH Advertising Still Delivers Results

Even in the digital age, outdoor advertising remains one of the most effective tools in a marketer’s toolkit.

Here’s why:

It’s always on: 24/7 exposure
OOH builds trust: Perceived as more reliable than digital ads
It enhances recall: Visuals are more memorable than text
Complements digital: Supports multi-channel strategies

From static billboards to transit ads and digital screens, OOH campaigns boost brand awareness in ways other formats can’t.

Partner With bMedia: Your Experts in Puerto Rico Advertising

At bMedia, we help businesses across Puerto Rico develop creative and effective advertising strategies that work. Whether you’re launching a new product, rebranding, or just trying to stand out from your competition, we bring experience, insights, and innovation to every campaign.

With:

Over 500 billboard and DOOH locations in Puerto Rico’s most high-traffic areas
Expert marketing and strategy consulting
Full campaign development support

We’ll help you take your brand to new heights.

Ready to Build Your Creative Advertising Strategy?

If you’re ready to stand out in a crowded marketplace, it starts with an innovative, imaginative, creative strategy. Whether you’re a small business, established brand, or marketing agency, bMedia Group is here to help bring your vision to life.

Let’s make something unforgettable.

How to Promote Your Business in the Community

Posted on January 27, 2022 by admin

Promoting your business is essential if your goal is to stand out from your competitors and gain brand recognition in the community. Therefore, it’s important to take advantage of promotion opportunities in your area that will generate more customers and help solidify a trusted brand-consumer relationship in your community. In today’s digital age, promotion opportunities are endless. Businesses can spread the word about their product through search engines, social media channels, online directories, or even go with the ever-so-trusted billboard. To reach your target audience, you must make your brand visible on multiple platforms. Here are some different ways how to promote your business in the community.

Out-of-Home Advertising (OOH)

The first step to promoting your business is to make it visible. What better way to do it than out-of-home advertising (OOH). Outdoor advertising techniques include street signage, flyers, street teams, promotional events, and the beloved billboard.

The most trusted and original forms of OOH advertising are billboards. Billboards work because they are eye-catching and one of the most trusted forms of advertising for consumers. The majority of Puerto Ricans live in urban areas, and the great thing about billboards is that they can target local high-traffic areas where customers can interact with your campaign.

Today, we are seeing billboards evolve, boasting endless advertising potential for business. Digital billboards continue to rise in popularity because it allows users to directly engage with the advertisement, creating a memorable experience that highlights the product/ service you are offering.

To ensure a successful billboard campaign, we have determined some best practices to help maximize your promotion:

Keep it simple
Use borders and cropping appropriately
Be intentional with colors and contrast
Leverage key locations and seasons
Be careful of fonts

Establish a Social Media Presence

There are 2.32 million social media users in Puerto Rico as of January 2021, equivalent to 81.6% of the total population. Social media platforms like Instagram, Facebook, YouTube, TikTok, and Pinterest are great marketing tools because of the ability to engage with existing customers while reaching out to new customers. As of December 2020, Facebook received 80.3% of all social media site visits in Puerto Rico. Facebook advertising is all about getting your message on the right news feeds using targeting options. Facebook allows you to advertise using images, videos, and even polls for interactivity.

Additionally, social media can be used as a marketing tool by creating brand-specific content. Social media has provided us with a range of posting formats such as images, short video stories, live sessions, tutorials, and more. Creating content for these platforms is an opportunity for business owners to engage with consumers while promoting a specific product, service, or event.

Take Advantage of Search Engines Like Google

Being visible on Google is great for your brand, it puts you directly in front of consumers seeking solutions. Creating and verifying your Google Business profiles allows your business to show up on Google Maps and caters results to the searcher’s current location. Creating a Google My Business account is free and once verified, you can optimize your listing to show up as a high-ranking result for relevant searches using a good SEO strategy.

Be Involved in the Community

If you’re wondering how to promote your business in the community, a good place to start is to be active and attentive in your community. Businesses can sometimes be involved in the community for the wrong reasons and they show. Be sincere, be genuine. Don’t push your business if it’s not relevant or actually helpful. In one way or another, your business will come up and your community will support it after they’ve seen and felt your support.

Being involved in the community involves giving back to it. Donating to a local charity will bring your business closer to locals by making it more approachable. Consumers are likely to support your business if you’re associated with a charity or cause close to them. You can give back to your community in several ways including:

Annual contribution to charity
Special promotions with a percentage of sales going to a cause
Donate products or services to local schools or community centers

Get Online Customer Reviews

Set up profiles on platforms like Yelp and Tripadvisor to increase brand exposure. These platforms are used by locals and visitors when looking for local businesses. 92% of consumers purchase from a business after viewing it on Yelp. These platforms allow customers to leave reviews, making it easy for business owners to monitor and respond to any business inquiries. Make sure all business information, such as hours, phone number, address, and website are all accurate for potential customers.

Importance of a Good Marketing Strategy

A good marketing strategy is a blueprint that will determine how your message will reach out to your target audience. Your business might be making a profit, but to remain successful, you must consistently stay ahead of your competitors. The best way to ensure this is to have a good marketing strategy in place. Not only will good advertising give you an edge, but it can also give you insight into how your business is performing, allowing you to make the right business decisions.

Market research is crucial in creating your promotional strategy. Data and information collected from this research will allow you to develop your product or service to boost profit potential. It can also help you create a detailed organization plan, ensuring optimum utilization of resources to get the message in front of the target consumer.

How to Measure the ROI of Your Campaigns

Once you’ve learned how to promote your business in the community, it’s then important to know how to measure the effectiveness of your promotional efforts.

Marketing ROI involves attributing profit or revenue as a direct cause of marketing growth initiatives. To determine whether your advertising campaign is successful or not, there’s a straightforward formula you can use:

ROI = (Sales growth – organic sales growth – Marketing Cost) / Marketing Cost

Marketing costs include but are not limited to:

Overhead and internal expenses
Agency fees
Media buys
Creative costs

ROI helps determine budget allocation for ongoing and future ad campaigns. It’s important to consistently evaluate KPIs such as reach, frequency, and impressions so you can determine if your marketing efforts are benefiting business growth and help you allocate your budget accordingly.

Strategize with bMedia Group

If you’re looking for ways to promote your business within your community, reach out to bMedia Group. We are Puerto Rico’s leading experts in outdoor and billboard advertising. Our professionals can help you strategize, execute and maximize the effectiveness of your promotional campaign and market research.

Go To Market Strategy for Startups

Posted on December 28, 2021 by admin

We don’t mean to intimidate you (and maybe you were already aware), but there’s something you need to know: Studies show that 90% of all startups fail within five years of formation — not a very reassuring statistic, right? But what’s the story behind this damning figure?

It all comes down to obscurity. Simply put, nobody knows about your business or what products/services you offer. In an ideal world, you could pour endless amounts of cash into a marketing push that announces your presence to the world with gusto, but, as we’re sure we’re both painfully aware, this is no ideal world.

Not only are advertising budgets rather meager for startups, you’re up against other businesses with established product-market-fit, which is daunting, to say the least… but there is a way to cut through the competition and get your voice heard – an effective go-to-market strategy for startups.

What Exactly Is A Go-To-Market Strategy, And Why Is It Important For Startups?

A go-to-market strategy for startups is precisely what it sounds like – an advertising game-plan that breaks an unknown product or service into a target market; it’s your key to the locked door of commerce!

Your go-to-market strategy is a blueprint that illustrates how you will reach the people you want to reach with the message you want them to hear. It’s considered a separate entity to standard marketing stratagems, as they imply an established market position, whereas GTM is a way of reaching an initial audience from nothing.

It’s the foundation on which all your future marketing campaigns will be based, and a strong foundation inspires confidence, not just within your target audience, but among your investors, too. Creating a GTM strategy is the ultimate way to position your business for success moving forward. Other GTM benefits include…

Weeding out potential risks
Generating profit quickly
Developing your business and product/service
Attaining you a competitive edge over other startups

Creating a Go-To-Market Strategy For Your Startup

The three pillars you’ll need to know for a go-to-market strategy for startups are the What, Who, and How…

What are you trying to sell?
Who needs what you’re trying to sell?
How are you going to introduce your offering to those who need it?

If you can answer these questions, you’ll have laid the foundation for a successful entrance into your particular niche of the market, so let’s consider how this can be done.

Step 1. Know Your Audience

You may well have come up with the concept of your product or service through finding gaps or weaknesses in the market yourself, and that’s great; it means whatever you come up with has some form of real-world appeal, but now you have to find others like yourself and figure out what makes them tick.

Hone in on your target audience, and try to map out their behaviors and general way of thinking. Forget about trying to sell something to the world; focus on this very finite group of people and figure out exactly what they’re looking for.

Modern consumers expect businesses to know all about their wants and needs, but we’re not mind readers, so instead, we can build up a customer persona by… This applies to all types of businesses. It doesn’t matter if you are a digital service providing with a nationwide audience, like providing legal wills online, or a brick and mortar business creating tangible products to specific locations, like a vodka distillery, knowing your audience is crucial.

Scheduling Interviews with Potential Users

Interviewing people takes time, but you won’t find more rich, accurate, and enlightening results via any other means, so it pays to talk to prospective customers face-to-face.

Far more fluid and personal than standardized surveys, interviews give you a real insight into the lives of people who your product/service could help, which is a great way to gather data you can use at a later date to refine your offering.

Be wary of time constraints and ask effective questions, such as…

What are their preferred channels of communication (e.g. email, Facebook, Instagram, TikTok, billboards, etc)?
What are they disappointed by or lacking?
In their eyes, what makes a product or business effective and valuable?

Questionnaires

Interviews are fantastic sources of information, but they’re almost too focused. Although you’re narrowing your research to drum up a customer persona, you still need to venture further afield to ascertain splits in that persona in terms of age, profession, location, etc, and questionnaires are a great way to do so.

The wider net you cast will give you more of an insight into what pain points are simply individual woes and which are felt universally, ripe for capitalization.

However, do bear in mind that you’ll need to provide some form of incentive to encourage people to complete your questionnaire, and try to keep it short and sweet, too — we’re all busy people.

Purchase Pre-Existing Data

There are countless other companies that have had to study their target audience before you founded your startup, and you can use this to your advantage.

Paying for research carried out by similar companies gives you effort-free results. Now, they’re not going to be quite as accurate as the results you’ll get from your own studies, but they can certainly help to create a more substantive customer persona in a short amount of time.

Due to its immediacy, this method is often employed first as a sort of scattershot data drive. It gives you a rough estimate of things like target consumer age, location, profession, income, pain points, and purchase triggers.

Step 2. Know Your Competitor

If you’re going to offer something new, you need to know what your competitor is already bringing to the table. If an established entity has beaten you to the punch, your chances of gaining traction with a GTM strategy are slim-to-none. Find ways around it.

Step 3. Coming Up With a Value Proposition

In a nutshell, a value proposition is a snappy headline followed by 2–3 sentences that divulge why your product/service:

Is relevant to the user
Solves the user’s problem
Is unique and cannot be found elsewhere

For example, let’s say you’ve invented an automatic garlic clove peeler. Your value proposition should establish that garlic is one of the most common ingredients in cuisine around the globe (relevance), it makes the tough job of peeling cloves effortless (problem solved), and it’s a patented design (unique).

It’s important not to get caught up in mentioning features alone. To entice customers, you need to tell them in no uncertain words how it will make their life easier or more enjoyable.

Step 4. Establish The Best Lines Of Communication For Reaching Your Target Audience

With your target audience in sight, it’s time to find out how to reach them. People of different age groups and professions communicate and are exposed to things in unique ways.

For example, younger people will consume a lot of adverts on social media platforms like TikTok and Instagram, while older generations may only use Facebook or perhaps even just email.

Another example is that people working from home will engage with mostly digital adverts, but for those who commute to an office, billboard advertising will be highly effective.

Don’t feel you have to settle for just one mode of communication per faction of your target audience. Research has shown that omnichannel approaches to customer communication have a much higher retention rate than single-channel approaches.

Step 5. Zeroing In On Marketing Tactics

People don’t just use different channels of communication, they also have preferences in regard to how they’re engaged with.

For instance, certain demographics may respond well to the personal/celebrity touch of paid partnerships, while others will be distrustful of this tactic as the pecuniary aspect of the agreement makes the brand representative seem disingenuous and the product seem weak.

Step 6. Don’t Stop Testing

Even if you think you’ve got everything figured out, you need to keep on testing your theories by measuring advertising effectiveness. Test different styles of ad copy, test the efficacy of different images, test different marketing tactics… test everything!

Marketing is a trial and error process, so the more mistakes you get out of your system early on by putting plans through their paces, the fewer you’ll be paying for later with a poor campaign.

Step 7. Budget Planning

Once your research has provided all the answers you need to shape your GTM strategy, it’s time to map out what your budget may look like and how it will be split across different marketing tactics.

Step 8. Implementation

At this stage, you’ve done most of the heavy lifting, and now it’s time to use what you’ve learned to implement your marketing strategy!

bMedia and Developing a Go-To-Market Strategy

As mentioned earlier, omnichannel marketing tactics in GTM strategies are far more effective than single-channel plans, which is why you should seriously consider incorporating a robust OOH line of communication with your target audience as part of your strategy, either as the primary or supporting mode of contact.

Granted, digital marketing has great reach potential, but as a fatally saturated facet of the advertising industry, it tends to inspire a lot of fatigue in the viewer. Billboards and OOH adverts, on the other hand, still grab attention, cinching valuable real estate in the consciousness of the viewer.

But providing the physical space for your ads is just the tip of the bMedia Group’s iceberg. Our dedicated team of marketing experts can help you build a custom, go-to-market strategy for startups from the ground up, ensuring you and your business can generate customers, and start changing people’s lives with your product/service.

Contact us today, and we’ll talk you through how we measure the efficacy of OOH advertising with state-of-the-art analytics to optimize the potential of your campaigns and stimulate rapid business growth.

Your startup may be small, but with bMedia in your corner, you’ll cast a much larger shadow, giving you the confidence and market position to hold your own against giants of any given industry, giants that, with our help, you will soon tower over.

OOH Advertising Examples

Posted on June 15, 2021 by admin

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. Also, there are many great OOH advertising examples from around the world. Therefore, it’s much easier to break OOH advertising up into 4 key categories:

Billboard-Type Advertising
Street Furniture
Transit
Place-Based OOH

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.

Benefits of OOH 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. Firstly, 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, as they’re basically unblockable.

Additionally, people tend to be more perceptive of their surroundings outside of the home, and can take in your advertisements, even if they’re not consciously aware of it. 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.

Read on for some effective OOH advertising examples.

Examples of OOH Advertising

Digital OOH Advertising

A key innovation in the OOH advertising space has been digital OOH advertising. While there are many digital billboards that could be considered effective OOH advertising examples, the best comes out of New York City. Times Square is saturated with digital billboards that play video advertisements nonstop. Digital OOH ads manage to combine the bright colors, movement, and sound of ads like TV commercials with the size and unblockability of traditional OOH ads. The result of this is a new, hybrid advertisement that blends the benefits of multiple forms of advertising.

Billboards

Billboards are one of the most common forms of OOH ads. Because of how many billboards there are worldwide, it can be difficult to make a billboard ad that stands out. You aren’t sure if drivers passing by will notice it. To solve this, effective billboard advertising should be creative and memorable.

One company that’s done a great job with its billboard advertising is Apple. In 2015, Apple launched its “Shot on iPhone” campaign. The campaign offered iPhone users the opportunity to capture images on their phones that would then be used on billboards, commercials, and other ads. Apple’s Shot on iPhone campaign displays the importance of engaging consumers and being thoughtful with image selection.

Another fantastic billboard example was a Formula toothpaste billboard in Indonesia. This remarkably creative advertisement shows a man whose teeth are so strong that he is literally ripping the billboard off of its supporting structure. This billboard is a wonderful example of using creativity to stand out.

Posters

Posters are another extremely common form of OOH advertisements. Because of their small size and widespread use, it’s extremely important to design a poster that will immediately stand out. Eye-popping colors and creative images will help ensure that your ad will be noticed.

Some tips for effective poster advertising include:

Create the poster to cater to a specific audience
Use your brand’s color scheme
Include a call to action
Pick high-quality images
Use text sparingly; include only the information that consumers really need

Airports

Airport advertisements are a subset of place-based advertising. Many companies consider airports a gold mine for ads. They are a fantastic place to either stick with traditional billboards or posters, but you can also utilize other aspects of airports, such as conveyor belts, to create incredibly unique advertisements.

One example of creative airport advertising is at the Venice Marco Polo Airport. The Casino de Venezia decided to turn a baggage collection belt into a life-sized roulette wheel. This fun, unique advertisement did a fantastic job at keeping people engaged during an otherwise mundane activity of waiting for your luggage. In addition, the Casino reported that visits increased by 60% after installing this advertisement.

Another interactive airport advertisement was installed in the Tokyo Airport in anticipation of the 2020 Summer Olympics. The Tokyo airport turned an entire airport terminal into a running track. This incredibly creative advertisement is a great example of utilizing the entire airport to promote an event.

Street Furniture

The most common use of street furniture advertising is at bus stops or on benches. Advertising on street furniture is a great way to not just engage people waiting for buses, but also gets your ad on the eye-level of everybody walking by.

Nike is no stranger to creative, thought-provoking advertisements, and its ads on street furniture are no different. Nike added its famous, simple logo — the Nike swoosh — along with the word “RUN” to a bench in New York’s Madison Square Park. They then removed the seat of the bench. This simple ad, paired with the action of taking away the seat of the bench, is eye-catching, memorable, and perfectly aligned with Nike’s vision that everybody is an athlete.

Transportation

Advertising on public transportation, such as buses or subways, is also extremely common. Many people on public transportation tend to be bored. They are looking for some form of entertainment while they travel.

Startup mattress company Casper realized this, and developed a riddle campaign in the NYC subway system that simultaneously entertained riders while advertising their product.

The riddles they put up engaged subway riders, which helped ensure that their advertisement and company would be remembered.

These are just some of the most effective OOH advertising examples, but there are plenty more!

OOH Advertising with bMedia

Ultimately, OOH advertising can be extremely profitable for your company if you are able to develop a creative and memorable campaign. 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. Contact us today!

Business Opportunities in Puerto Rico

Posted on June 14, 2021 by admin

Puerto Rico has become a growing market for American businesses. In recent decades, technology has allowed for quicker trade and travel to and from the island. The beautiful Caribbean island draws tourists from around the world for its beautiful beaches and vibrant culture. In 2019 alone, tourism in Puerto Rico generated over five and a half billion US dollars. Thus, it’s no surprise that business opportunities in Puerto Rico have been on the rise.

Puerto Rico is a protected American territory, which means that American businesses are more easily able to develop there rather than go to other countries. Real estate is relatively cheap, corporate tax rates are low, and wage costs are lower compared to the mainland. The recent enactment of Act 20 and Act 22 also provides 100% tax exemption on capital gains, interests and dividends earned.

The island offers some great opportunities for businesses across different sectors, and its proximity to the American mainland makes importing and exporting more efficient than running a business anywhere else in the Caribbean.

Puerto Rico’s Economy

Puerto Rico’s economy is dominated by industry and manufacturing, followed closely by the services sector. The manufacturing sector, which mainly produces drugs, electronics and petrochemicals, accounts for about 50% of the island’s GDP (gross domestic product). Tourism, finance and trade dominate the services sector. Puerto Rico has limited natural resources, but continues to produce agricultural products. Its agriculture sector – making up roughly 0.7% of Puerto Rico’s GDP — produces sugar cane, coffee, pineapple and more.

Next, we will discuss how businesses in Puerto Rico can take advantage of its growing and lively economy.

Benefits of OOH in Puerto Rico

Billboards and OOH (Out-of-Home) Advertising is one of the best ways to promote your business. This is especially true in Puerto Rico. Not only are locals moving around and about, but the tourists, ready to spend some cash, love the island and flock to it year after year.

OOH advertising is crucial in Puerto Rico especially considering how many outdoor activities that visitors can enjoy. Whether people are sightseeing, lounging on one of many Puerto Rico’s many pristine beaches, or enjoying the lush nature in the area, people are sure to see outdoor advertising.

You can expect high engagement from effective billboard advertising in cities like San Juan, Ponce, Bayamon and Carolina because of the high foot and vehicle traffic in these areas. Here are other reasons why OOH advertising is so effective in Puerto Rico.

Continuous Innovation

Billboards are thought to be traditional, and they are. However, they’re also evolving with the times. Billboards can certainly help you capitalize on business opportunities in Puerto Rico.

“Billboards have adapted to the times and are still one of the most popular ways to advertise.” -Eric Hamilton, Tech Times

Digitized billboards are everywhere these days. Times Square billboards in New York City are a perfect example, and there’s a reason why consumers are so captivated by them. Digital billboards have revolutionized OOH advertising. Unlike static billboards, digital billboards can offer multiple design options and even showcase multiple ads on one ad space.

Smart billboards are also on the rise as a dynamic form of digital billboards. Smart billboards use advanced technologies that allow those who encounter them to engage and interact with the advertisement. Technologies that are implemented on smart billboards include sensors, geotargeting, facial recognition and other interactive features.

Urbanization and Traffic

Urbanization continues to expand all over the world, and Puerto Rico is no exception. Puerto Rico’s population is almost 3.2 million. On top of that, people are more mobile than ever. It only makes sense for businesses to place ads where the people will be.

In Puerto Rico, the high density of vehicle and foot traffic exposes a large number of the population to billboard advertising. The island’s elaborate highway system increases vehicle traffic even further, offering many placement opportunities for OOH advertising.

High Return On Investment (ROI)

Capitalizing on billboard advertising will help you get the most out of your brand’s advertising budget. Since billboards tend to be located in busy areas, they gather a large number of views and reactions, resulting in a higher return on investment (ROI). The placement of your billboard is just as important as what it looks like. Desirable locations will be more expensive than locations where there is not as much traffic.

Billboard advertising also gives you full control of the ad space, and your ad will always have constant exposure, 24/7. Other forms of advertisement such as TV and radio ads can be costly and won’t reach an audience as large as a billboard would. This makes billboards one of the most cost-effective methods of advertising, as they have a wide reach and are proven to increase brand recognition.

Brand Recognition

Billboards are effective in increasing brand recognition. Billboard advertising is one of the oldest forms of advertising. However, it continues to evolve and remain effective in reaching and captivating an audience. Billboards target a wide demographic in a single advertising tactic. By properly placing an effective ad, businesses have the opportunity to capture any and all potential buyers..

Additionally, there are high chances that people who encounter your OOH advertisement will encounter it more than once, allowing them to remember your brand or product, and even engage with it. Billboards are large and good at capturing the attention of people passing or driving by. Make sure that your billboard is designed with the customer in mind to increase your brand recognition.

Expert Advice at bMedia Group

Both traditional and digital forms of billboard advertising have proven to be one of the most effective and withstanding marketing strategies of all time. At bMedia, our seasoned and well-trained team will help your business get the most out of your OOH advertisement.

With proper insights and strategies, bMedia can help your business set foot in Puerto Rico. bMedia can help to expose your brand to a continuously growing and lucrative market. Contact bMedia Group and we’ll help you maximize your marketing strategy on the island.

Capitalizing on billboard space is capitalizing on business opportunities in Puerto Rico.

Where Should I Advertise My Business?

Posted on April 5, 2021 by admin

It’s a common problem among young entrepreneurs. You’ve got this great product/service, everyone should be using it – but you just can’t seem to get the word out there. However, you’re probably wondering, “where should I advertise my business?”

Don’t worry, you’re not alone. There’s no shortage of small businesses that have trouble staying afloat because they’re not advertising – or at least not advertising correctly.

Where Should I Advertise My Business?

Advertising is a huge part of running a successful business. Think of McDonald’s – how many advertisements would you say you see a day? Five? Ten?

McDonald’s – and other large, successful businesses – invest so much into advertising for a reason: it works. If it didn’t, that’s not where they would spend their money.

In fact, Statista reported that in 2019 over 240 billion dollars were spent on advertising in the United States. The previous year roughly 223 billion dollars were spent. The United States commands the largest advertising expense and revenue in the world.

But even if your budget is smaller and your company isn’t some giant conglomeration, you still need to be advertising. If no one knows your product exists, it will be hard to sell.

If you’re a smart entrepreneur, you already knew this and are working on advertising your business. Learning about how advertising works best is a great start. You can also contact trusted professionals like bMedia Group to help get started on your advertising campaign.

How, where, and through which medium you advertise will all have a giant effect on sales.

Though each type of advertising has its pros and cons, there are many forms of advertising you might want to consider, as well as location.

Let’s start with types of advertising mediums.

Types of Advertising Media

There is a large collection of ways to advertise your product – the hard part is picking the right ones. Read through this list and think about which will work best for your business.

Broadcast Advertising

By far the most easily recognizable, broadcasted advertisements reach a humungous audience. If you’ve got a TV, you’re aware of the number of commercials. Statista reported that 69.6 billion dollars were spent on television ads in North America in 2019. The number dropped slightly in 2020 due to the pandemic.

Another form of broadcast advertising is through radio ads. Though the times of the radio being the main source of entertainment and information are long gone, radio ads still have their place in the advertising world. Radio ad spending is expected to pass 18 billion dollars by 2023.

Depending on the audience you want and the product you have, broadcast advertising can be a great way to advertise – but there are some downsides.

Television commercials are generally short and often require the complete attention of the viewer. It’s also quite costly when compared to other advertising mediums and runs the risk of being too repetitive.

As for radio advertisements, the issue is that fewer and fewer people are listening to the radio.

Reasons for this include the multitude of audio options in modern vehicles, music streaming services, podcasts, and – you guessed it – the number of advertisements on radio stations.

Print Advertising

One of the oldest forms of advertisements, print advertising has been an option for entrepreneurs for centuries. In fact, one of the first print advertisements can be dated back to 1477.

The print ads back then were certainly different than what we have now – generally speaking, print advertisements are those in newspapers and magazines. Other examples include flyers and brochures.

Print advertisements have been the most popular form of advertising for some time – though that trend seems to be changing. Still, though, print ads have their place.

For example, ads in the local paper can really help drive local business. Conversely, advertisements of your product in a magazine with a specific target audience can help drive business as well.

The main issue in advertising through print is this – fewer people are reading the printed word.

Through advancements in technology, newspaper and magazine subscriptions have been in a steady decline, and it doesn’t seem as though that will change.

Online Advertising

This type of advertising has just recently exploded. As the Internet is now integral in the lives of most citizens, businesses and advertising agencies have seen the market for online ads. There are several different types of online ads, including:

Banner advertisements
E-mail marketing
Social media ads
Playable video advertisements

These are just some examples of online advertising.

The pros – it’s relatively cheap and very easy to track.

The cons – some people fear sharing their data on the Internet and people have become less susceptible to online ads.

Online advertising is a market that will continue to grow exponentially as new technological advancements come into play.

Outdoor Advertising

Outdoor advertisements are all around us. You’ll find them on bus stops, cabs, and – most notably – billboards.

The budget for outdoor advertising reached over 39 billion dollars worldwide in 2019. Though there are some that worry about the decline of out-of-home (OOH) advertisements, their efficacy still remains.

Outdoor ads are on 24/7. They are always working, always seen, help create a captive audience. They can’t be turned off by the consumer.

The Outdoor Advertising Association of America reported that people spend nearly 70 percent of their day away from home. This makes outdoor advertising a great way to reach people where other ads won’t.

Take a look at some of the pros of advertising on a billboard:

OOH advertising is generally cheaper than other forms.
Billboards help drive local business – the location of the billboard is key.
Consumers can’t turn off a billboard as they can a television or radio.
Billboards don’t need any other form of action – the consumer doesn’t have to watch television or buy a magazine – the ad is always there.
The Return-On-Investment (ROI) is generally very high for billboard advertisements.

OOH advertising is a great way to showcase your business. It allows for creativity in the message, location, and appearance.

Why Should I Advertise In Puerto Rico?

For those who don’t know, Puerto Rico is an unincorporated territory of the United States.

It’s a great market to introduce your product where others likely aren’t.

There are over three million citizens living in Puerto Rico, so the market is there. With a smart, successful advertising campaign, a business could have the lion’s share of sales in Puerto Rico.

Contact bMedia group to get started on your new advertising campaign.