Attention Tampa Bay small business owners. The five busiest shopping days of the year are imminent.
Based on data from the National Retail Federation, more than 1.9 million Tampa Bay consumers are likely to shop beginning on Thanksgiving Day through Cyber Monday.
“The tradition of Thanksgiving weekend holiday shopping has become a five-day event with consumers spending money in stores, supporting local small businesses, and online with their mobile devices and computers,” NRF President and CEO Matthew Shay said. “Even as people are starting to purchase gifts earlier in the season, consumers still enjoy finding good Thanksgiving deals and passing time shopping with family and friends over the long holiday weekend.”
Based on the NRF findings, here are the number of shoppers local business owners can expect on each of these five days:
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Topics
small business,
small business owner,
radio advertising,
retail stores,
holiday shopping,
christmas shopping,
consumer spending,
shop local
Almost 650,000 adult, Tampa Bay consumers belong to a fitness club. These memberships bring in close to $1.1 billion in sales to local gym owners.
January is critical for the small business owners that operate gyms in the Tampa area. According to the International Health, Racquet, and Sportsclub Association, this one month alone, accounts for 10.8% of annual membership sales. New Year's resolutions are the reason for this early year spike.
To capture a larger share of the $125.8 million local consumers will spend on gym memberships in January, requires fitness center owners to advertise. The best way to do this is on Tampa radio. Here's why.
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Topics
small business owner,
Television Advertising,
millennials,
best way to advertise,
radio advertising,
retail stores,
social media advertising,
newspaper advertising,
consumer spending,
fitness club,
gym
Ask any Tampa Bay small business owner how to measure the success of an advertising campaign. The answer will almost always 'sales.'
According to Nielsen research, the media-element of a campaign that has the most significant effect on sales is reach. This is the number of different people exposed to the advertiser's message.
There are more ways than ever to advertise. But, which of those options has the largest reach among Tampa Bay consumers?
Doug Schoen, an advertising professional with 35 years of experience, writes in Forbes: "You wouldn’t know it from all the media coverage focused on streaming video and streaming music, but radio actually has the most reach among American media consumers. 93% of adults listen to the radio each week as compared to 87% who watch TV, a substantive difference."
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Topics
Return On Investment,
Television Advertising,
best way to advertise,
reach,
radio advertising,
retail stores,
facebook advertising,
social media advertising,
newspaper advertising,
consumer spending
By April 15th next year, 1.2 million residents of Tampa Bay will file a tax return. More than 53% of these returns will be completed by the taxpayer themselves, either by hand or with the help of an online provider like Turbotax.
Every season, Tampa Bay small business owners who specialize in tax preparation services lose customers to the do-it-yourself options. This year, 589,000 local consumers will spend $113,000,000 with professionals. But, based on the average cost of services, more than $129,000,000 will stay in the wallets of the DIY crowd.
To clawback this enormous amount of money from the DIY market, Tampa Bay's tax services will need to advertise the valuable benefits of using a professional.
The best advertising option for professional tax professionals is on Tampa radio stations. Here's why.
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Topics
small business,
Television Advertising,
best way to advertise,
radio advertising,
social media advertising,
small business advertising,
consumer spending,
tax preparation services,
accountants
The first Baby Boomers were born in Tampa Bay during 1946, and they kept coming until 1964. Today, this generation represents 21.8% of the population.
According to Visa, however, when it comes to the ability to buy goods and services from local business owners, people 50 and older are responsible for 56% of all retail spending. In Tampa Bay, that equates to $33-billion.
Forecasts from the Bureau of Labor Statistics indicate the spending power of the Baby Boomer generation will remain dominant through at least 2025. This is fueled, in part, by the Boomers' continued participation in the labor force.
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Topics
store traffic,
best way to advertise,
radio advertising,
retail stores,
advertise in tampa bay,
advertising in Tampa,
consumer spending,
baby boomers
Tampa Bay small businesses that sell products or services to pet owners should sit up and take notice. Local consumers will spend $753,000,000 this year on behalf of Fido and Fluffy. This amount has increased 323% since 1994, with no sign of letting up.
According to the American Pet Products Association, here's how local spending on furry companions breaks down:
- Food: $301,527,000
- Supplies/OTC Medicine: $161,795,000
- Vet Care: $183,858,000
- Live Pet Purchases: $22,062,000
- Other Services: $66,188,000
The biggest month for sales of pet-related products and services in Tampa Bay is, by far, December. That is when 10.5% of all annual spending happens in this category.
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Topics
Television Advertising,
best way to advertise,
radio advertising,
tampa radio stations,
retail stores,
advertising in Tampa,
online advertising,
facebook advertising,
newspaper advertising,
consumer spending,
pet marketing
Every so often, when a Tampa Bay small business owner advertises on a local radio station, it isn't successful.
There can be no debate, though, when implemented correctly, advertising on Tampa radio works, and works well.
"Last year," says Jon Polizzi, "our business grew 67%. The only thing we did differently was to add radio advertising into our marketing mix. I attribute most of our growth to what we have done on the radio."
Mr. Polizzi along with his brother have owned Electric Today, LLC since 2004. The company provides residential electrical and air conditioning repairs to customers in Hillsborough, Pinellas, and Manatee counties.
"We advertise on Tampa radio every week with very high repetition. Our return on investment (ROI) has been really good," say Mr. Polizzi. "I know if I can beat my name into someone's head enough times, they will know us when they need electrical or air conditioning repairs."
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Topics
Return On Investment,
ROI,
small business owner,
best way to advertise,
radio advertising,
advertise on tampa radio,
advertising in Tampa,
advice,
effective radio commercials,
small business advertising
Based on information from the National Retail Foundation, Tampa Bay consumers will be spending $79 million on Halloween this year.
Typically, 80% of all Halloween shopping, according to the NRF, will occur between now and October 16. The remaining dollars will be spent in the last 14 days leading up to the holiday.
Nearly 53% of consumers in Tampa Bay are expected to participate in Halloween this year, each spending, on average, about $86. This money will go towards the purchase of candy, decorations, costumes, pumpkins, and greeting cards.
Almost every type of small business in Tampa Bay enjoys a taste of this spending. This includes hardware stores, convenience stores, craft stores, fabric stores, thrift stores, florists, card stores, consignment shops, haunted houses, home decor store, bakeries, and, of course, candy stores.
To claim a significant share of this Halloween cash will require local small business owners to advertise. The key to successful advertising is reaching as many Halloween shoppers as possible over the next four weeks.
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Topics
store traffic,
best way to advertise,
radio advertising,
retail stores,
advice,
small business advertising,
buy local,
holiday,
halloween,
pet owners
Every vote counts. Many times the difference between winning an election and losing is a handful of ballots. This is true in races for almost every elected office, referendum, and issue on the national, statewide, and local level.
To win a modern election requires advertising. Successful advertising requires reach. In Tampa Bay, the most potent way to reach voters is on local radio.
Last week, for instance, 89% of all registered voters in Hillsborough, Pinellas, Pasco, and Hernando counties tuned-in to a Tampa radio station. This is significantly more than were reached by local TV, local newspaper, or the major social media site like Facebook and Instagram.
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Topics
best way to advertise,
radio advertising,
advertise on tampa radio,
advertise in tampa bay,
issue advertising,
political advertising
Mark Twain has some script writing advice for Tampa Bay small business owners who depend on radio advertising to market their goods and services.
"The difference between the almost right word and the right word is really a large matter - 'tis the difference between the lightning-bug and the lightning," advises Mr. Twain.
In other words, fill your commercials with lightning, not bugs!
Currently, according to the Oxford English Dictionary, there are 171,476 words in the English language. A handful of these words, Tampa Bay small business owners can't use in their radio commercials. The Supreme Court of the United States says so.
Of all the words that can be used in broadcast advertising, however, there is one word that should be shunned: 'get' and all of its nasty derivative forms including 'got' and 'gotten'. Here's why.
The typical 60-second commercial on Tampa radio consists of 160 words. Depending on the station, each word in that ad could cost around $3.00. It is important, then, that each word is carefully selected to engage listeners and then compel them to action. This is especially crucial when using verbs.
"One of the best ways of grabbing and keeping an audience is to use strong, descriptive verbs," says the Writing Center at the University of Houston. 'Get' is not that kind of verb.
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Topics
best way to advertise,
radio advertising,
radio commercials,
tampa radio,
tampa radio stations,
retail stores,
advertise on tampa radio,
advertise in tampa bay,
advertising in Tampa,
effective radio commercials,
copywriting,
how to advertise