The National Retail Federation has predicted that this year's back-to-school shopping season will set a new record. Households with school-age children are expected to spend, on average, $696.70 preparing their kids for the first day of classes. This tops the previous record set in 2012.
For Tampa Bay small business owners, this means there is $560,193,514 of back-to-school bucks in play between now and the first bell of the school year.
According to the NRF, here's how the $696.70 per household will be spent.
- Clothing & Accessories: $239.82
- Computers & Electronics: $203.44
- Shoes: $135.96
- School Supplies: $117.49
To grab the largest share of back-to-school spending will require small business owners to advertise. By any metric, advertising on Tampa radio stations will be the most effective. Here's why.
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Striking a wrong note is a potent tactic that a Florida small business owner can use when advertising on Tampa radio stations. This can ensure commercials are heard and remembered.
At the very second a radio commercial starts, 11,000,000 other pieces of data are battling for the attention of the listener's ear. To win the fight, an advertisement must do the unexpected. Why?
Humans don't have earlids. This means every sound a person is exposed to makes it as far as the brain. But, the brain can only process about 50 pieces of information at a time. If you do the math, that means 10,999,950 bits of information per second are turned away.
Making it past the brain's gatekeeper requires the information to strike a wrong note or violate what is expected This filter supports the basic survival instinct. It's why someone will leap out of bed if they hear a stranger's soft footsteps while sleeping, but will snore right through their clanging alarm clock.
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Here's a quiz for Tampa Bay small business owners:
Which of these online sites reach more adults each month than Tampa Bay radio stations: Google? Netflix? ESPN? YouTube? Twitter Facebook?
The answer may be a surprise. Radio reaches more adult consumers every month than all websites and apps. This is critical information for Tampa Bay business owners to knows to be able to choose the best way to advertise their goods and services.
The number one media characteristic that contributes to the success of an advertising campaign is reach. This is a measure of how many different people are exposed to an advertiser's message.
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Television Advertising,
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Forty-percent of contractors nationwide report that they have turned down jobs this year because they don't have enough skilled blue-collar workers. In Florida, over one-third of contractors say they would add 25 more employees this year if they could recruit qualified candidates.
The labor crunch isn't confined to construction. Overall, half of all Tampa Bay employers say they are having difficulty hiring enough blue-collar employees to fulfill the increasing demand from customers. This includes truck drivers, plumbers, HVAC technicians, electrical workers, machinists, metal workers, landscapers, janitors, and mechanics.
Tampa Bay business owners can benefit from a study by The North Carolina Works Commission. The NCWC found that the recruitment efforts of many employers in that state are failing because they depend on hiring strategies from a time when qualified candidates were plentiful.
These failing strategies include posting on job boards like Monster and Indeed; publishing employment ads in local newspapers; and pleading on social media pages. Some small business owners still depend on hanging help-wanted signs.
What many local business owners on the west coast of Florida have discovered is that the best way to recruit blue-collar workers is by advertising on Tampa Bay radio stations.
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Advertising on Tampa radio stations is the best way for small business owners to reach the lucrative, local mother market. Here's why.
Tampa Bay consumers will spend $54 billion over the next 12 months. Forbes magazine reports that it is moms who control 85% of all household purchases. Locally, there are more than 455,000 mothers with children under the age of 17 at home.
Tampa Bay small business owners need to pay special attention to these mothers and their wallets. For example, compared to the general population, over the next 12 months, local moms live in households that are
- 30% more likely to buy a new vehicle
- 61% more likely to purchase a smartphone
- 155% more likely to purchase a recreational vehicle
- 38% more likely to buy a house/condo
- 433% more likely to pay for daycare services
- 15% more likely to purchase carpet/flooring
- 20% more likely to pay for kitchen remodeling
- 33% more likely to move
- 49% more likely to get married
- 77% more likely to refinance a mortgage
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advertising to mothers,
advertising to moms
Thousands of Tampa Bay small business owners depend on radio advertising to claim their share of the $54.1 billion local consumers will spend this year. Cha-ching.
These advertisers have, typically, 30 or 60 seconds to convince the 2,193,604 listeners who tune-in to Tampa radio stations each week to become customers. So, it is essential to know how to use that time effectively.
Gathering a sample of 6003 respondents, Westwood One in partnership with audio testing experts Veritonic studied how different elements of award-winning radio commercials affect a listener's intent to buy the products or services advertised.
Here are the results of the study that Tampa Bay business owners could find useful.
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advertise in tampa bay,
advertising in Tampa,
advice,
effective radio commercials
Professional advice is always welcome. Especially when you are a Tampa Bay business owner investing your own money trying to capture a larger share of the $54.1 billion local consumers will spend this year.
Thousands of business owners depend on Tampa radio stations to market their goods and services. What they say in their commercials and how they say it are the most critical factors for turning listeners into customers. This is referred to by the professionals as the "creative."
A study by Nielsen indicates that the creative elements of a commercial are responsible for 47% of an advertiser's sales result.
Creative, it turns out, has a more significant effect on sales for Tampa Bay small business owners than does reach, targeting, or branding elements.
Producing and judging effective creative, though, can be a challenge for a Tampa Bay business owner. So, here is some advice from an award-winning, advertising professional.
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small business owner,
best way to advertise,
radio advertising,
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tampa radio,
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tampa small business owners,
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advertise in tampa bay,
advertising in Tampa
There are two reasons why advertising on Tampa radio stations is more effective than advertising on TV.
The first reason is reach. In a study conducted by Nielsen, the number of consumers who are exposed to a commercial contributes profoundly to the number of sales it will create. This is discussed in depth in the free eBook, "Seven Steps For Advertising Successfully In Tampa Bay."
Among all media available to Tampa Bay business owners, radio offers the biggest reach.
The second reason why radio advertising is so powerful has been revealed in a new study Mindshare, an advertising agency that buys media for some of the most successful companies in the world including General Mills, Nestlé, Domino's, IBM, Rolex, and John Deere. The Mindshare study indicates that when a brand tells a story using audio media, it elicits a 21% higher emotional intensity than the same story told using visual media.
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Return On Investment,
ROI,
small business,
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Television Advertising,
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radio advertising,
radio commercials,
tampa radio,
tampa radio stations,
tampa small business owners,
advertise on tampa radio,
advertise in tampa bay,
advertising in Tampa
The Greek philosopher Plato was born 2170 years before there were radio stations in Tampa Bay. There's no doubt, though, he could have written some great commercials.
Plato once said, "Those who tell stories rule society." This quote sounds very familiar to rule #7 for creating a memorable commercial for Tampa radio:
Rule #7: Tell a story… listeners are hardwired to emotionally respond to features and benefits when presented in story-form rather than as a list. The advertiser should be the hero of the story.
Lee Habib wrote in the National Review a few years ago, "Stories are packed not with hard data but with something far more powerful: emotional data. That’s why we remember them and why they’re so easily transported, even through generations. Stories stir our souls."
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brand building,
advertise on tampa radio,
advertise in tampa bay,
advertising in Tampa
When a Tampa Bay small business owner buys a 60-second commercial on a Tampa radio station, she is limited to about 160 words to persuade listeners to become customers. To be successful, then, each word needs to be carefully selected to fulfill the desired marketing objective.
A telephone number comprises seven words. Ten if the area code is included. If the number is repeated three times during the commercial, then it will consume 21-30 words or up to 18% of the total.
So, should a Tampa Bay business owner sacrifice a significant portion of a radio commercial to insert a phone number? Except for certain circumstances, described below, the answer is no.
Here are the facts.
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Topics
small business,
small business owner,
best way to advertise,
radio advertising,
radio commercials,
tampa radio,
tampa radio stations,
tampa small business owners,
advertise on tampa radio,
advertise in tampa bay,
advertising in Tampa