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When is
outdoor electronic LED advertising better than traditional forms of
advertising? The answer is - always.
Most business owners have a mental checklist of a half-dozen or so
specific places that they look to for their advertising dollars to go:
radio, television, newspapers, the Web and billboards. Most can be
extremely expensive. And the long sales contracts that often make up
volumes are about as welcome as Mike Wallace knocking at your door.
Before I make my case for outdoor LED advertising and examine the cost
comparisons of the traditional types, let's look at some points:
The primary purpose of your advertising is not to impress the viewer
with the depth and beauty of your advertisement, but to communicate your
exact message directly and immediately to potential customers, exactly
the way you intended it.
The objective is to focus your advertising message, and make it as
straightforward as possible. And, you want to stand out from other
businesses.
"What
about people with short attention spans?" It's true, people demand
instant gratification, and will simply lose interest and choose to
ignore if they're not engaged within 30 seconds or less. Which means, as
business owners, we must first recognize and treat outdoor electronic
advertising as a "direct response" medium. We have to capture the
attention of a potential customer and manage to keep it. If we have
communicated our message successfully, we hope to also receive a
response, either immediately or later.
You can only
persuade people to buy if they are paying attention to your advertising.
And people only pay attention to what catches their eye - and their
interest. Remember, people are not already thinking about you, and you
have a lot of competitors out there who are also trying to attract your
customers' eyes and dollars. So you'd better make your attention-grabber
a good one!
Enter the benefits of LED moving message displays:
Recognition Reinforcement
Repetition leads to retention, and moving message centers deliver your
sales message repeatedly, and they do it at the lowest cost per thousand
impressions (CPM) and at a fraction of the cost of other media. Increase
attention by using a compelling message and, if possible, an animated
graphic. Don't be impatient. It takes time for people to gain confidence
in you and your products. Many people will buy at once, but a big
proportion will wait to think things over. Message repetition helps.
Flexibility
With an ALPHA message display, you can control your message creation and
content instantly. Changes are immediate. You also have the added
flexibility of scheduling your sales messages based on the time of day,
day of the week or month. You can tailor your messages to coincide with
local happenings or seasonal events. You can even stand out from other
businesses by merely displaying the time and temperature.
Attract Attention
You have the tool to capture and hold potential drive-by customers'
attention. By using color, light and motion, messages are not only
attractive, but impossible to ignore. Another great bonus - moving
message displays continue to generate sales and interest long after
you've made the initial investment. You can't say that about other media
types. You can also tailor your message better, and target your specific
audience as often as you want, without any additional cost.
Now the cost comparisons.
(This following data is for Milwaukee and the Midwest United States.
Data for your area may differ.)
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PRODUCT
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REACH
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COST
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CPM |
TOTAL
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ALPHAEclipse
3500 Series
Message
Center
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Large
Midwest Metro location; 41,000 cars per day Northbound, 37,900
Southbound (DOT)
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1 line Eclipse, $9.50 to $19.00 per day based on a 1-2 yr.
amortization for a $7000 unit.
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28" -
56"
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One time investment,
1-yr amortization $570/mo.
(2-yr: 285)
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Television
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Milwaukee TV with 16 market share, audience,
men 25-54.
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:30 TV
spot dependant on time slot; Prime vs. non
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$4.81-
$23.68
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5 Days-2 spots per hour: $1,250-18,000
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Radio
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Milwaukee, audience:
106k men/week ages 25-54.
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13-Week
program during newscast.
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$16.75-$32.63
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13-Weeks: $6,600-13,000 for 33-52 commercials
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Newspaper
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Sunday,
local retail rates, circulation: 460,000.
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$154 per
col. inch, 5 tall x 3 wide ad.
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$1.52
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$1,540 for 1 Sunday
edition
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Internet / Web ads
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One-line banner ad
on major site, guarantees between 50M and 100M viewers per
month.
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One-Month interactive, guaranteed
50,000 impressions.
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$30-50
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$1,000-2,500/Month
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Billboard
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14x48, high traffic, Milwaukee, viewers: 46,195 in 24-hr.
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1 Month=
$185/day,
3 Month= $110/day
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$4.02
$2.32
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1 Month,
$5,555
3 Month, $9,870
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