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Advertising On Tampa TV: Where Have The Viewers Gone?

Jun 13, 2022 3:25:36 PM / by Larry Julius

During the past seven days. according to Nielsen, only 67.1% of local consumers tuned in to Tampa television stations like WFLA, WTSP, WTVT, WFTS, WEDU, or WFXT.  TV's diminishing reach among adults 18 and older has been eclipsed by the audience size for social media, cable, and Tampa radio. Furthermore, streaming video services such as Netflix, Hulu, Prime, and Disney+ are quickly reaching parity with over-the-air options.

The erosion of local TV station audiences is stunning when comparing prime-time ratings from the past.  In 1980, the highest-ranked TV show was Cheers with a 21.3 rating. The 30th-ranked show was The Wonder Years with a 14.2 rating.

Twenty years later, Survivor was the number one show with a 17.4 rating and Family Law was the 30th ranked show with an 8.8 rating.

Finally, in 2019, Sunday Night Football was the number one ranked show with a 10.9 rating. Survivor tied with Dancing With The Stars in 30th place with a 5.5 rating.

It is stunning to think that the number one TV show in 2019 had a 24% lower rating than the 30th-ranked show in 1980.

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Topics TV, Television, small business, small business owner, Cable TV, Television Advertising, best way to advertise, tampa small business owners, small business advertising, pay-tv, direcTv, small business marketing, satellite TV, OTT, CTV, avod, svod, local television, streaming TV

Television Advertising In Tampa Bay: What Are Consumers Watching?

May 11, 2022 2:15:53 PM / by Larry Julius

Every week, 2.5 million Tampa Bay consumers watch something on TV.

Not too many years ago, when a Tampa Bay consumer sat down to watch TV, the program options were limited to what was on WFLA, WTSP, WTVT, WFTS, WEDU, or maybe, what was on a handful of cable channels.  That was then. This is now.

Today, according to Nielsen, each time a TV is turned on in a Tampa Bay living room, the viewer has more than 817,000 options not only from broadcast stations and cable systems, but also from streaming video platforms like Netflix, Hulu, Disney+, Peacock, YouTube, Amazon, Tubi, Crackle, and FreeVee.

Of course, Tampa Bay consumers don't even need to sit down in front of their big-screen LCD, anymore. Most of the 817,000 available programs can also be viewed on their computers, tablets, gaming devices, and smartphones. But as far as viewers are concerned, though, it's all just television.

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Topics TV, Television, Cable TV, Television Advertising, Streaming, pay-tv, direcTv, satellite TV, CTV, streaming video, avod, svod, local television, streaming television, streaming media, streaming TV

Advertise In Tampa Bay: Who's Watching The Local TV Stations?

Dec 22, 2021 10:17:41 AM / by Larry Julius

It wasn't too long ago when advertising on Tampa Bay television stations was considered the gold standard for marketing by local business owners. But over the past few years, the number of viewers reached by WFLA, WTSP, WTVT, WFTS, and WEDU has plummeted. In all only 67% of adult consumers now tune-in to at least one of these channels during the week, according to Nielsen.

The consumption of video content isn't diminishing among Tampa Bay consumers. What has changed, though, is how they are watching it.

In November, according to Nielsen, the share of time watching broadcast television has fallen behind other video options including cable programing and internet-delivered choices such as Netflix, Hulu, Disney+, and hundreds of other streaming networks.

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Topics TV, Television, Cable TV, Television Advertising, pay-tv, satellite TV, OTT, CTV, streaming video, avod, svod, local television, streaming television, streaming media, streaming TV

Tampa Bay Small Business Owners Guide To OTT & CTV Advertising

Dec 14, 2021 3:11:37 PM / by Larry Julius

It used to be so simple. When a small business owner wanted to advertise on Tampa television, there were only a few options including, WFLA, WTSP, WTVT, WFTS, and WEDU. But slowly, the number of options expanded to include cable channels provided by Xfinity, DISH, DirecTV, and Spectrum.

Heading in 2022, local advertisers have even more options as internet-connected devices deliver hundreds of more programming choices to Western Florida consumers. Collectively, this type of content is called OTT (Over-The-Top-Television) or CTV (Connected-Television). For the purpose of this discussion, OTT & CTV will be referred to singularly as streaming video.

Streaming video can be viewed on any device that can connect to the internet. This includes computers, laptops, tablets, and smartphones. Programing can also be accessed using a smart-TV, Roku Stick, Amazon Fire Stick, or a game console. In all, according to Nielsen, 95.2% of Tampa Bay households own a device capable of receiving streaming video.

In all, says Nielsen, 1.7 million consumers watch streaming video content every week. Combined, these internet channels now reach more adults every week than local newspapers, podcasts, and digital audio services like Pandora, Spotify, Sirius/XM. Amazon Music, and iHeart Radio.

Surprisingly, streaming video now reaches almost as many adults as local TV and local cable.

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Topics Cable TV, Television Advertising, digital advertising, online advertising, pay-tv, OTT, CTV, streaming video, internet, local television, internet advertising, streaming media, streaming TV

What Are Tampa Bay Consumers Watching On TV?

Nov 18, 2021 1:57:46 PM / by Larry Julius

Every week, according to Nielsen, 2.5 million adult consumers in Tampa Bay watch something on television. But, of course, the definition of what it means to watch TV has changed since the time when the number of available viewing options could be counted on the fingers of a single hand.

Today, Tampa Bay consumers have a gargantuan number of viewing choices. This includes programs from stations like WFLA, WTSP, WTVT, WFTS, and WEDU. Or maybe cable and satellite systems like Xfinity, DISH, DirecTV, and Spectrum. There's also content delivered over the internet from Netflix, YouTube, Hulu, Disney+, and Amazon Prime.

No longer are Tampa Bay consumers tied to the 21-inch Zenith in their living rooms. Instead, TV can be watched on giant LCDs, smartphones, and tablets from any room in the house, in the backseat of their cars, or practically anywhere else.

The best way to think about TV watching in Tampa Bay is in terms of three buckets:

  1. Over-the-air...including all broadcast channels
  2. Cable...including all premium and non-premium programming
  3. Internet...including all streaming services. This is also known as OTT or CTV

Here's how many Tampa Bay adult viewers fall into each bucket. Remember, viewers are not limited to a single bucket.

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Topics Television, Cable TV, Television Advertising, best way to advertise, pay-tv, dish network, direcTv, OTT, CTV, internet, local television, streaming television, internet advertising, xfinity, spectrum

Advertising In Tampa Bay: Top 5 Articles From 2020

Dec 8, 2020 4:17:57 PM / by Larry Julius

As the pandemic rages on, advertising is no longer a luxury for the 123,000 small businesses in the Tampa-St. Petersburg-Clearwater, FL Metro area .  Advertising has become a tool for survival.
 
As cash becomes precious, though, Tampa Bay small business owners and retailers need to ensure that every dollar spent  on advertising has a significant effect on sales.
 
To make the best advertising choices, thousands of local business owners have sought advice and direction from www.AdvertiseInTampaBay.com.  Here is a recap of the top 5 articles read on the site during 2020.
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Topics Television, small business, small business owner, Cable TV, Television Advertising, radio advertising, tampa small business owners, newspaper advertising, tampa bay times, small business advertising, pay-tv, small business marketing, OTT, CTV, newspaper readers, avod, svod, 2020

Advertising In Tampa Bay: OTT & CTV Viewing Soars

Sep 4, 2020 4:16:38 PM / by Larry Julius

Advertising on Tampa television and cable is becoming less attractive to local business owners as viewers rapidly defect to alternative video entertainment sources including, Netflix, YouTube, Hulu, Amazon and Disney+.

Collectively these streaming services are referred to as Over-The-Top Television (OTT) and Connected-TV (CTV). Viewers can only access this OTT and CTV content via smartphone, tablets, computers, smart-TVs, Amazon Fire Sticks, and Roku Sticks, Nielsen reports that 93.4% of Tampa Bay adults own at least one these devices. Furthermore, they are using them.

According to Nielsen, OTT and CTV networks now reach 42.8% of all Tampa Bay consumers every week.

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Topics Television, small business, small business owner, Cable TV, Television Advertising, best way to advertise, tampa small business owners, advertise on tampa radio, small business advertising, pay-tv, advertise on radio, small business marketing, OTT, CTV, streaming video

Advertising On Tampa Radio Reaches Pay-TV's Cable Cutters

Jul 31, 2020 6:05:15 AM / by Larry Julius

More than one-third of Tampa Bay households are 'cord-cutters' or 'cord-nevers'. This means, they have fired their cable or satellite television providers or never subscribed at all. Instead, these consumers are choosing to find their video entertainment elsewhere.

The number of local homes that subscribe to pay-TV services began plummeting in 2013. New technologies has allowed viewers to bypass cable and satellite for more compelling content at lower prices. These cord-cutters now depend on services like Netflix, Hulu, Disney+, and Amazon Prime to fill their multiple screens.

For many years, Tampa Bay business owners have been investing a significant portion of their advertising budgets into cable-TV.  The medium had proven to be a low-cost, high-reach alternative to buying commercial on over-the-air television stations. 

Now, because of cord-cutting, there are 892,000 adult consumers with unconnected TVs. This profoundly diminishes the value proposition of advertising with local cable systems.

There is a powerful and affordable solution, however, for small business owners to reach both the diminishing cable audience and the expanding number of cord-cutters.

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Topics Television, small business, small business owner, Cable TV, Television Advertising, best way to advertise, radio advertising, tampa small business owners, small business advertising, pay-tv, advertise on radio, small business marketing, cord-cutter, advertising on radio, satellite TV

Why Tampa Bay Real Estate Agents Need To Advertise Now

May 22, 2020 3:15:49 PM / by Larry Julius

Type "TAMPA REAL ESTATE AGENTS" into Google. In slightly over a half-second, the search will deliver 13,900,000 results. Similar searches for Clearwater, Carrollwood, Temple Terrace,  produce a proportional number of returns.

Despite the economic hardships imposed by the Coronavirus crisis on Tampa Bay consumers, the demand for real estate is booming. 

The Wall Street Journal published a trend yesterday indicating that mortgage applications for purchase a home have achieved levels equal to last year.

According to redfin.com, home buying demand is 16.5% higher now than it was pre-COVID-19 on a seasonally adjusted basis.

Redfin attributes this explosive growth in real estate shoppers to two factors, including record-low mortgage rates. The other primary driver is a migration trend from expensive metropolitan areas as buyers hunt for more space at lower prices.

To capture a larger share of the robust market, local real estate agents need to stand apart from the millions of Google results.  Advertising on Tampa radio will help accomplish this.  Here's why.

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Topics Real Estate, small business, small business owner, Television Advertising, Streaming Audio, best way to advertise, radio advertising, online advertising, social media advertising, newspaper advertising, pay-tv, home sellers, advertise on radio, home buyers

Does Cable TV Advertising Make Sense For Tampa Small Business Owners?

May 12, 2020 9:44:42 AM / by Larry Julius

Pay-TV is struggling to survive COVID-19.

Before the onset of the pandemic, Nielsen reported that 69% of Tampa Bay households received their television programs from cable systems, telephone companies, or satellite operators.  That number, however, is plummeting.

Pay-TV providers in the Tampa area include Xfinity, Dish, Spectrum, Frontier, and DirecTV.

"Cord-cutting, people dropping their cable and satellite TV subscriptions, pre-dates the onset of Covid-19. But the pandemic is exaggerating the trend, creating deeper issuers for programming that relies on those services for distribution," Eric Savitz wrote last week in Barron's.  This includes non-premium services like ESPN, TBS, TNT, USA, CNN, and Discovery.

"LightShed Partners analyst Richard Greenfield counts a loss of 1.96 million subscribers to cable, satellite TV, and virtual cable services combined in the first quarter," Savitz continued. "This is the worst combined quarterly drop ever, down 6% from a year ago."

Greenfield said in an interview with Barron’s that what is especially sobering is that most of the first quarter activity pre-dated the virus. The numbers are likely to get considerably worse in the second quarter.

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Topics Television, small business, small business owner, Cable TV, Television Advertising, millennials, best way to advertise, radio advertising, pay-tv, dish network, direcTv

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