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Advertising On Tampa Bay Radio in 2022: Five Things to Know

Jul 20, 2022 9:57:54 AM / by Larry Julius

West-central Florida business owners have depended on Tampa radio to market their goods and services since WDAE, the city's first radio station, went on air in 1922. Despite the advent of new media and technologies since then, advertising on local radio stations is still the best way for the area's 123,853 small business owners to create and maintain customers.

Here are five facts every business owner should know about advertising on Tampa radio in 2022.

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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, Hispanic radio, Spanish Radio, advertise on tampa radio, radio recruitment advertising, small business advertising, radio listeners, nobody listens to radio, advertise on radio, small business marketing, advertising on radio, radio history, tampa bay radio, radio formats, car radio, who listens to radio, am/fm radio, online radio listening

Advertise On Tampa Radio? 5 Things Business Owners Get Wrong

Dec 30, 2021 2:22:38 PM / by Larry Julius

To ensure success, every Tampa Bay business owner needs to advertise.

"Think you have a great product?" asks the US Small Business Administration. "Unfortunately, no one’s going to know about it unless you advertise.”

The SBA goes on to say, “Advertising, if done correctly, can do wonders for your product sales, and you know what that means: more revenue and more success for your business.”

There are dozens of ways for local small business owners to advertise. By most metrics, the best way to advertise is on Tampa radio. These measures of effectiveness, however, are often obscured by the glimmer and glitz of newer technologies. 

To help reduce the glare that often blinds business owners to the potency of advertising on Tampa radio, here are the top five things many local business owners get wrong.

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Topics radio advertising, radio commercials, tampa radio, tampa radio stations, Hispanic radio, Spanish Radio, advertise on tampa radio, radio recruitment advertising, nobody listens to radio, advertise on radio, advertising on radio, radio history, tampa bay radio, radio formats, car radio, who listens to radio

Tampa Radio Still Reaches More Local Consumers Than All Other Media

Dec 10, 2021 3:09:35 PM / by Larry Julius

When WDAE-AM became Tampa Bay's first radio station in 1922, there was no Facebook, no Xfinity, no Sirius/XM, no Netflix, and no podcasts. It would be 31 years before there was even a local TV station.  Consequently, it was pretty easy for radio to become the number one reach medium among local consumers.

Over the past 99 years, Tampa Bay business owners have come to depend on the mammoth reach of radio among local shoppers to successfully market the goods and services they sell. Advertising on Tampa Bay radio has helped Florida companies to survive and thrive during world wars, natural disasters, recessions, depressions, and even a pandemic.

Heading into 2022, local consumers have more media choices than ever before. But, despite the overabundance of social media, video streaming, audio streaming, cable, and other technological marvels, Tampa Bay radio is still the most used advertising medium.

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Topics Spotify, pandora, Streaming Audio, reach, radio advertising, tampa radio, advertise on radio, advertising reach, tampa bay radio, advertising options, streaming media

Tampa Bay New Car Buyers Agree: Put AM/FM Radio In My Dashboard

Nov 11, 2021 4:15:38 PM / by Larry Julius

In 2020, there were 168,983 new cars and trucks registered in the Tampa Bay metro area. This number is based on projections from the National Auto Dealers Associaton (NADA) and the U.S. Census bureau.

In all, says NADA, there are 878 new-car dealerships in Florida. Despite the pandemic, these dealers, including those in the Tampa Bay area, sold $83 billion worth of new vehicles.

Through June of this year, these same dealers have already rung up $51.8 billion in new car sales.

When it comes to buying new vehicles, Tampa Bay consumers have a broad range of preferences. Some buyers want Fords while others want Chevrolets, Toyotas, or Teslas.  Some buyers want pick-up trucks, while others want sub-compacts, SUVs, or sports cars. Of course, some want blue vehicles, while others want pearl white, orchard green, or redolent red.

There is one purchase criterion, however, that most Tampa Bay car buyers can agree on. They want an AM/FM radio smack-dab, in the middle of their dash.

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Topics best way to advertise, tampa radio, advertise on tampa radio, in-car advertising, used cars, used trucks, pre-owned vehicles, car dealers, vehicle traffic, in-car audio, automotive, tampa bay radio, used vehicles, new cars, car radio, who listens to radio

Does The Facebook Name Change Affect Tampa Bay Advertisers?

Oct 29, 2021 3:22:03 PM / by Larry Julius

Every month, 3.2 million adults in Tampa Bay use social media, according to Nielsen. Seventy-five percent of these consumers use Facebook, far more than other sites like Instagram (also owned by Facebook), Twitter, Snapchat, Pinterest, and LinkedIn.

As a stand-alone medium, Facebook is used by more people in Tampa Bay than watch local TV stations. Only Tampa Bay radio and local cable reach more consumers.

The large audience commanded by social media has attracted a significant amount of advertising dollars from local advertisers. According to Borrell Associates, a company that measures advertising expenditures across the county, Tampa Bay area businesses are expected to spend $311 million on social media advertising, a 29.9% increase over 2022. The overwhelming majority of these dollars are being spent with Facebook.

Yesterday, Facebook founder Mark Zuckerberg announced the company was changing its name to "Meta".  This change, though, only affects the name of the parent company. There will be no change to the company's brands like Facebook, Instagram, or WhatsApp.

How will this name change affect Tampa Bay businesses that advertise on Facebook?

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Topics tampa radio, facebook advertising, instagram, facebook, twitter, social media advertising, borrell associates, social media, LinkedIn, metaverse, meta

Who Listens To Podcasts in Tampa Bay?

Oct 11, 2021 7:20:00 AM / by Larry Julius

According to Nielsen, 566,261 Tampa Bay consumers listened to or downloaded a podcast during the past 30 days. This is 21.8% of the adult population.

A podcast is a downloadable digital audio file available to listeners on an internet-connected device like a smartphone, tablet, or computer. These files are typically part of series focusing on a particular theme such as true crime, professional football, politics, or pop culture.

Tampa Bay consumers can listen to their favorite podcasts whenever they choose using apps like Spotify, Pandora, Google, and Stitcher. The most used podcasting app, though, is Apple Podcasts.

Research from PodcastHosing.org indicates that Tampa Bay consumers can access more than 2,000,000 podcast series comprising over 48,000,000 unique episodes. According to data compiled by Edison research, the top 10 podcasts during the second quarter of 2021 were:

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Topics Streaming, Streaming Audio, best way to advertise, tampa radio, digital advertising, online advertising, smart speaker, podcasts, tampa bay radio, internet advertising, podcasting

Why Audio Advertising In Tampa Bay Drives Purchase Decisions

Apr 8, 2021 12:37:52 PM / by Larry Julius

Tampa Bay consumers are expected to spend nearly 7% more at retail in 2021 than in 2020. This forecast is based on recently released data from the National Retail Federation.

To lay claim to a significant share of growing consumer spending, Florida retailers will need to advertise.

“Think you have a great product?” asks the US Small Administration. “Unfortunately, no one’s going to know about it unless you advertise.”   

“Advertising, if done correctly, can do wonders for your product sales, and you know what that means: more revenue and more success for your business."

Scientifically speaking, the fastest way a marketing message can reach the areas of a Tampa Bay consumer's brain responsible for purchase decisions is through the ear.  That's why audio advertising can be far more potent than visual messaging.

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Topics small business, small business owner, Spotify, pandora, Streaming Audio, tampa radio, tampa small business owners, retail stores, advertise on tampa radio, Retail Sales, Retailer, retail, advertise on radio, small business marketing, sirius/xm, podcasts, retail spending

Who's Spending Now? Tampa Bay Small Business Owners Ask.

Dec 4, 2020 3:31:12 PM / by Larry Julius

There are 716,000 adults in the Tampa Bay area who have earned a four-year college or postgraduate degree, according to research from Nielsen. A study from the Federal Reserve indicates that these educated consumers have been least affected by the economic consequences of the pandemic.

"While the labor market disruptions have affected workers in a wide set of industries and occupations, those without a college degree have experienced the most severe impact," say Mary C. Daly, Shelby R. Buckman, and Lily M. Seitelman authors of The Unequal Impact of COVID-19 in the Economic Letter published by the Federal Reserve of San Francisco.

Although the unemployment rate increased among consumers of every education level in late February when the Governor of Florida lockdown the state to slow the spread of the Coronavirus, the smallest increase was among those with bachelor or postgraduate degrees, according to the Bureau of Labor Statistics.

Seven months later, job recovery among those with college degrees is closer to pre-pandemic levels than consumers with lower levels of educational attainment.

Many small business owners have seen the correlation between advertising and survival during the economic crisis inflicted by the pandemic.  With precious few dollars to invest, it is crucial that every advertisement reaches consumers who have disposable income to buy. Right now, the most likely spenders are customers with college degrees.

By key advertising metrics, the best way to reach consumers with higher education is on Tampa radio.

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Topics small business, small business owner, best way to advertise, radio advertising, radio commercials, tampa radio, tampa small business owners, Hispanic radio, small business advertising, nobody listens to radio, college graduates, small business marketing, advertising on radio, radio history, tampa bay radio, education

B2B Advertising In Tampa Bay: Reaching The Decision Makers

Aug 27, 2020 7:50:39 AM / by Larry Julius

New data from the US Census Bureau has optimistic news for Tampa Bay companies that sell business-to-business.

There are approximately 61,635 businesses in the Tampa Bay area, according to the Census Bureau. Indeed, many of these businesses have suffered since the onset of the Coronavirus, especially in April.

Census information is now showing positive indicators that the fortunes of area companies are improving. This includes those with 500 or fewer employees. These small businesses account for 95% of all Tampa area firms.

During the week of April 26, 34% of Tampa Bay small businesses reported temporary closures.  By July 1, the number dropped to 17%

Also, during that same week, 73% of local small business owners were reporting decreases in revenue versus the prior week.  By the end of last week, that number fell by half.

In both June and July of this year, national data shows all retail and food services spending significantly outperformed the prior year by between two and three percent.

As the business climate improves in Tampa Bay, the fortunes of B2B companies will accelerate as well. These include those businesses that sell office supplies, restaurant supplies, cleaning services, legal services, accounting services, transportation services, banking services, technology, and commercial real estate.

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Topics Return On Investment, ROI, small business, small business owner, best way to advertise, tampa radio, tampa small business owners, advertise on tampa radio, small business advertising, small business marketing, tampa bay radio, b2b, business to business

Where Will Tampa Bay Consumers Shop For The Holidays?

Oct 25, 2019 4:17:05 PM / by Larry Julius

Tampa Bay shoppers are expected to spend $7.3 billion this holiday season.  This will be approximately 4% higher than last year. These estimates are based on forecasts by the National Retail Federation and Deloitte.

To claim a fair share of the Christmas cash, local small business owners will need to battle some giant competitors. Advertising on Tampa radio stations may be the perfect weapon to ensure success.

According to information published in the retail trade magazine Chain Store Age, as of right now, here is where consumers are planning to shop...

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Topics small business owner, store traffic, best way to advertise, tampa radio, retail stores, advertise on tampa radio, advertise in tampa bay, holiday shopping, consumer spending

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