WARC has released updated global ad spend projections. It forecasts that global out of home ad spending will grow 10% in 2022 and 5% in 2023. 24 August 2022: Global advertising spend is on course to rise by 8.3% – or $67.3bn – to $880.9bn this year, finds WARC, lifted by […]
Sales
US Out of Home Revenues Up 29% in 2Q 2022
WASHINGTON D.C. (August 18, 2022) – Out of home (OOH) advertising revenue increased 28.9 percent in the second quarter of 2022 compared to the previous year, accounting for $2.62 billion, based on figures released by the Out of Home Advertising Association of America (OAAA). These Q2 revenues are roughly equivalent […]
The Importance of Persistence in Selling Out of Home
By Kevin Gephart Billboard Insider reader Tom Giesken asked me “what’s the most important thing to teach a new out-of-home sales rep?” The answer is persistence. Early in my career, I had a craggy old sales trainer. He said when you call on a new prospect, you look like a […]
How Can Advertisers Measure Effectiveness?
By Kevin Gephart A big “thank you” to the 78+ who participated in the IBOUSA “Making OOH Sales Faster During a Recession” webinar last week. It was a big success! A very good question was asked after the session: “What do you say to a client when they ask how […]
The Top OOH Sales Objection and How to Handle It
An excerpt from The Ultimate OOH Sales Guide: Here is the top objection I hear to out-of-home. It costs too much. A vague statement that requires exploration. Prospects have no idea what out-of-home costs. They solicit pricing as a starting point to negotiate. Never negotiate price until you provide the […]
Second Printing of The Ultimate Out of Home Sales Guide Is In!
We are sold out on our first printing of The Ultimate Out of Home Sales Guide. Thanks to all of you who have purchased a copy. We just received our second batch of books from the printers. Interested in getting a copy? Order Your Copy of The Ultimate Out […]
Pete Hautem Dreams About Out of Home For Our Benefit!
From Pete Hautem Life is strange—but beautiful. Two nights ago, I dreamt about Outdoor Advertising. Yep. You read that right. After 44 years in the business, I still remain enthusiastic about the business and even dream about it occasionally. In my dream, all Out-of-Home had the same success and everyone’s business […]
Selling More OOH Faster During a Recession
IBO Enterprise Manager, Becky Smith, will be hosting another on line Webinar. Here are the details: Selling more OOH faster during a recession synopsis Experience is a great teacher, but the tuition is way too high! Because there is a lot of valuable historic data on the effects of […]
OOH Advertising for Sports Betting Is Effective for Reaching & Engaging Urbanites
OAAA & Harris Poll Research Finds OOH Ads Drive In-Person and Online Sales in This Emerging Category WASHINGTON D.C. (July 20, 2022) – New research shows that Americans, mainly urbanites, are engaging with recently legalized sports betting through out of home advertising. This is one of the key findings from […]
Sales Tip: OOH Ads Drive Quick Service Restaurant Sales
By Steve Nicklin SVP Marketing and Analytics, OAAA The QSR category produced a solid 7.3% increase in OOH spend in 2021, and the latest OAAA-Harris Poll research showcases why OOH is an important component of the fast food media mix. McDonald’s is the classic OOH case study, having earned the […]