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tampa_brands_HORIZONTAL_COLOR Advertise In Tampa

Advertising In Tampa: Reaching Millennial Parents

Feb 15, 2020 8:01:00 AM / by Larry Julius

How quickly the millennials have grown up.

According to Nielsen, 55% of all Tampa Bay parents with children under the age of 18 are millennials.  

From the time their kids are born until they reach they are 17, these young parents will, spend, on average, $233,000 per child. This does not include the cost of college.

Currently, there are 621,198 children under the age of 18 living in Tampa Bay. That means the local millennial-parenting economy is worth upwards of $144 billion. These dollars are being spent, among other things, on diapers, daycare, transportation, toys, education, electronics, clothing, and health care.

For Tampa Bay small business owners interested in competing for a substantial portion of this multi-billion dollar pool of parental cash, they must advertise to millennial moms and dads. By almost any measurement, advertising on Tampa radio is the best way to reach this audience.

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Topics small business, small business owner, Television Advertising, millennials, Spotify, pandora, best way to advertise, radio advertising, advertising to mothers, social media advertising, newspaper advertising, millennial parents, children, kids

Why Tampa Bay Used Car Dealers Need To Advertise Now

Feb 11, 2020 1:22:21 PM / by Larry Julius

March is the biggest single month for used car sales in Tampa Bay. During these 31 days alone, local pre-owned vehicle dealers are expected to bring in $121 million in sales. This will represent 10% of their annual revenue.

By the end of May, these dealers owners will sell more than $336 million worth of pre-owned cars and trucks. This, undoubtedly, makes March-May 'used car season' in Tampa Bay.

Although most Tampa area used car dealers are small business owners, they do really big business. In all, over the next 12 months, more than 415,000 pre-owned vehicles will be driven off their lots.

To capture a larger share of the area's $1.2 billion used car market requires pre-owned vehicle dealers to advertise. By any measure, the best way for these business owners to advertise is on Tampa radio.

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Topics small business owner, Spotify, pandora, best way to advertise, radio advertising, digital advertising, online advertising, social media advertising, newspaper advertising, small business advertising, used cars, used trucks, pre-owned vehicles, car dealers

Advertise In Tampa: Reaching Mother's Day Shoppers

Feb 5, 2020 1:47:48 PM / by Larry Julius

As Valentine's Day sales begin to dwindle, that's when Tampa Bay small business owners start thinking about Mom.

Mother's Day, which happens on the second Sunday of May, is second only to Christmas in terms of holiday spending. Last year, Tampa Bay consumers spent more than $253-million celebrating the women in their lives. That number is expected to grow again in 2020.

To claim a significant share of this Mother's Day cash, local retailers and restaurants will need to advertise.  By almost every key metric, advertising on Tampa radio is the best choice.

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Topics small business, small business owner, Television Advertising, Spotify, pandora, Streaming Audio, best way to advertise, radio advertising, digital advertising, online advertising, facebook advertising, social media advertising, newspaper advertising, restaurant marketing, restaurant advertising, consumer spending, mother's day, male shoppers

What Tampa Bay Consumers Listen To On Their Smart Speakers

Jan 30, 2020 6:26:14 AM / by Larry Julius

Over 600,000 consumers in Tampa Bay now own a smart speaker. Ownership of these devices, including Amazon Echo and Google Home, has grown five-fold since the beginning of 2017.

According to Adobe Analytics, significantly  more consumers are asking Siri and Alexa to play music than any other activity.

Many Tampa Bay small business owners depend on local radio to advertise their goods and service. So, how does the use of smart speakers as an audio device affect their radio advertising's ability to reach local consumers? The answer is: none at all.

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Topics small business, small business owner, millennials, best way to advertise, radio advertising, amazon echo, smart speaker, google home

How To Advertise Insurance Products In Tampa Bay

Jan 24, 2020 4:48:44 PM / by Larry Julius

If you were one of the 2,193,604 consumers who tuned-in to a Tampa radio station last week, then chances are you heard at least one commercial from GEICO, Progressive, or Liberty Mutual. That's because insurance is big business in Tampa.

Each year, Tampa Bay consumers spend $4.4 billion to insure their homes and cars. That's almost $1500 for every area adult.

There is good news and bad news for the 5600 local insurance agents who are competing to earn a substantial share of the home and auto premiums consumers are paying.

According to Nielsen, 258,000 policyholders in Tampa Bay are planning to switch insurance providers during the next 12 months.

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Topics small business, small business owner, Television Advertising, Streaming Audio, best way to advertise, radio advertising, digital advertising, online advertising, social media advertising, newspaper advertising, consumer spending, insurance agent, insurance

How Do Pandora and Spotify Compare To Tampa Radio?

Jan 21, 2020 9:33:00 AM / by Larry Julius

In 1922, WDAE became the first radio station to serve Tampa Bay. Today, 2,193,604 adult consumers tune-in to Tampa radio stations every week. This is significantly more than watch local TV or read newspapers. 

Tampa Bay small business owners, however, also want to know how local radio compares to streaming audio platforms like Pandora and Spotify, especially as it relates to advertising. The answer could surprise many of them.

Pandora was created to provide a personalized radio station catering to the musical preferences of each user.  The playlists were determined by a proprietary algorithm and then streamed directly to each listeners' computer. Over the next few years, the service became available on iPads and smartphones.

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Topics small business, small business owner, millennials, Spotify, Streaming, pandora, best way to advertise, radio advertising

Advertising In Tampa Bay: Reaching Furniture Buyers

Jan 15, 2020 1:50:42 PM / by Larry Julius

Low unemployment, a boom in housing starts, and confident consumers are propelling robust sales for Tampa Bay furniture stores.

In 2019, local consumers in the Tampa area spent $1.3 billion on furniture and home furnishing. This number is expected to grow.

Based on estimates developed by Furniture Today’s Strategic Insights team and Easy Analytic Software Inc. (EASI), the total furniture and bedding market is projected to expand by more than 22% by 2024.

If a Tampa Bay small business owner who sells furniture, furnishings, or home decor would like to grab a larger share of this expanding market, then advertising is necessary.  By almost every key metric, advertising on local radio is a sound marketing investment.

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Topics Real Estate, small business, small business owner, Television Advertising, best way to advertise, radio advertising, retail stores, social media advertising, newspaper advertising, consumer spending, home decor, home furnishings, furniture, mattress

Advertising On Tampa Radio: 5 Facts To Know Now

Jan 9, 2020 10:32:36 AM / by Larry Julius

Small business owners have been advertising on Tampa radio since the first station, WDAE, went on the air in 1922.  By almost every metric, the medium remains the best way to successfully market goods and services to local consumers.

Before  Tampa Bay businesses finalize their marketing plans for this year, here are five facts they should know about radio advertising.

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Topics Television Advertising, millennials, best way to advertise, reach, radio advertising, digital advertising, online advertising, facebook advertising, social media advertising, newspaper advertising, consumer spending, hispanic consumers, black consumers

Best Way To Advertise Pizza Restaurants In Tampa Bay

Jan 3, 2020 3:30:25 PM / by Larry Julius

Tampa Bay consumers cannot get enough pizza.

In 2012, there were just about 1000 local pizza restaurants. Today, however, that number has grown to 1,139. In 2019, these establishments racked up $534,000,000 in total sales.

Fifty-nine percent of pizza sales in Tampa Bay are rung-up by one of the top-50 chains like Domino's or Pizza Hut. The remaining 41% of revenue is controlled by independent, small business owners.

To compete for a larger share of the pizza pie in the Tampa area requires local restaurant owners to bring in new customers. A proven way to accomplish this is with advertising.

The US Small Business Administration recommends that every Tampa Bay small business advertise consistently.  

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Topics Pizza, Restaurants, small business, small business owner, Television Advertising, best way to advertise, radio advertising, digital advertising, online advertising, social media advertising, newspaper advertising, restaurant marketing, restaurant advertising

Advertise In Tampa: Capture A Larger Share Of Home Improvement Market

Dec 30, 2019 3:43:23 PM / by Larry Julius

Consumers in Tampa Bay spent a record $3.9 billion on home improvements in 2019. This level of spending is projected to drop modestly next year, according to Harvard University’s Joint Center for Housing Studies.

“Declining home sales and home-building activity coupled with slower gains in permitting for improvement projects will put the brakes on remodeling growth,” says Chris Herbert, the center’s managing director.

“However, if falling mortgage interest rates continue to incentivize home sales, refinancing, and ultimately remodeling activity, the slowdown may soften some.”

If  Tampa Bay small businesses that sell home improvement products and services would like to continue to grow despite the softening market, then advertising will be required.

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Topics Home Remodeling, Home Improvement, small business, small business owner, Television Advertising, millennials, best way to advertise, radio advertising, digital advertising, online advertising, social media advertising, newspaper advertising

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