Is an electronic
message center a cost-effective advertising medium?
Yes. Businesses often select their
advertising medium, and messages, based upon the cost
per thousand exposures of their message to the public.
ON this basis,
no other form of advertising comes close to matching the
efficiency and cost-effectiveness, dollar for dollar, of
an electronic message display. Compare the
figures below:
-
Newspaper advertising - the cost on average
is about $7.39 for 1000 exposures within a 10-mile
radius of the business location.
-
Television advertising - The cost on average
is approximately $6.26 per 1000 exposures.
- Radio
advertising - The cost is about $5.47 per
1000 exposures.
- New LED
electronic message center display - The cost
is less than $0.15 per 1000 exposures. How? Assume,
for example, that you spend $30,000.00 on this type
of system, and that its useful life is about ten
years. The amortized daily cost of the message
center would equal about $2.74. Add to this the
daily cost of electricity for this new LED unit
(approximately $0.20), thus giving your business a
daily message center expense total of $8.82. With a
daily traffic count of 20,000 vehicles passing your
business, you would have a cost of less than $0.45
per thousand exposures (counting drivers only)!
Best of all, with an electronic
message center, a business does not have to worry about
missing its target audience, becoming "yesterday's
news," or facing expensive production costs for changing
its message, as happens frequently with the other forms
of advertising mentioned.
With an electronic variable
message display:
- The business owns the form
of advertising
- The advertising works for
the business 24 hours a day, 365 days a year
- The sign acts as the
"salesman on the street" attracting customers into
the business
- The advertising speaks
directly to the potential customers as they drive
past the business location, and the EMC makes the
business a landmark in its community.
Finally, many message
center manufacturers provide leasing programs, which
include service and maintenance, thereby providing
another option for covering the cost of usage.
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