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Larry Julius


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Advertising in Las Vegas: The Radio Century

Aug 20, 2020 10:02:00 AM / by Larry Julius

Las Vegas radio reaches more area adults every week than any other medium. During a typical seven-day period, according to Nielsen, 1.5 million local consumers tune-in to their favorite AM and FM stations. This is significantly more than those who watch broadcast television, subscribe to pay-TV, browse social media, read a newspaper, or stream music from Pandora and Spotify.

Radio's omnipresence in the life of Clark County consumers is remarkable considering today is the medium's 100th birthday.

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Topics reach, return on investment, roi, radio advertising, best way to advertise in las vegas, effective radio advertising, radio commercials, best way to advertise, reach and frequency, advertising reach, radio history

What Is The Best Way To Reach The 1.8 Million Consumers In Las Vegas

Aug 17, 2020 4:44:35 PM / by Larry Julius

Despite all of the media options available for small business owners to market their goods and services, advertising on Las Vegas radio is still the best way to reach Clark County consumers.

Adult consumers are spending 741 minutes per day consuming electronic media, according to a new study by Nielsen.  This is 7.8% more time than they spent last year and 11.2% more than in 2018.

The typical daily media diet consists of radio, live TV, time-shifted TV, DVD/Blue-ray devices, game consoles, internet-connected devices, as well as internet via computers, smartphone apps, and tablet apps.

According to Nielsen, despite all of these media options, local radio reaches the most consumers every week.

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Topics reach, return on investment, roi, small business advertising, small business owner, radio advertising, las vegas small business owner, effective radio advertising, radio commercials, retail, best way to advertise, reach and frequency, small business, retail sales, retail stores, retailer, advertise on radio, small business marketing, effective advertising, advertising reach

What Las Vegas Consumers Need To Know Now About Your Small Business

Aug 12, 2020 11:13:29 AM / by Larry Julius

There is good news for Las Vegas retailers and restaurants.

As a result of the pandemic, one-third of consumers indicate they will pay a premium for local brands and products, according to a recent study by Ernst & Young

However, before consumers will buy from a local business in Henderson, North Las Vegas, Summerlin, or any town in-between, they must know they can do so without risking their health.

Advertising is the only practical way to let Clark County shoppers and diners know about the precautions and practices your small business has taken to reduce potential health threats.

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Topics small business advertising, small business owner, las vegas small business owner, best way to advertise in las vegas, effective radio advertising, radio commercials, restaurant, restaurant marketing, restaurant advertising, retail, best way to advertise, small business, retail sales, retail stores, retailer, small business marketing, writing radio commercials, effective advertising

Advertising In Las Vegas: Radio Listening Little Changed From Year Ago

Aug 10, 2020 10:01:00 AM / by Larry Julius

During July, 1.4 million adult radio-listeners spent two hours per day listening to their favorite Las Vegas radio stations, according to Nielsen. Although local consumers had spent fewer minutes listening at the onset of the pandemic, the current time tuned-in remains little changed compared to a year ago.

Some advertising experts had predicted that as consumers spent more time at home because of COVID-19 concerns, the hours devoted to radio listening would decrease. That, however, was not the case.

In July of 2019, according to Nielsen, 66.7% of listening to Las Vegas radio occurred away from home. During July of this year, out-of-home listening remains virtually unchanged.

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Topics small business advertising, small business owner, radio advertising, pandora, spotify, las vegas small business owner, sirius/xm, best way to advertise, small business, corona, coronavirus, covid 19, advertise on radio, small business marketing, podcasts, pandemic

Advertising On Las Vegas Radio Reaches Cable-TV's Cord Cutters

Jul 30, 2020 5:48:41 PM / by Larry Julius

More than one-third of Clark County households are 'cord-cutters' or 'cord-nevers'. This means, they have fired their cable or satellite television providers or never subscribed at all. Instead, these consumers are choosing to find their video entertainment elsewhere.

The number of local homes that subscribe to pay-TV services began plummeting in 2013. New technologies has allowed viewers to bypass cable and satellite for more compelling content at lower prices. These cord-cutters now depend on services like Netflix, Hulu, Disney+, and Amazon Prime to fill their multiple screens.

For many years, Nevada small business owners have been investing a significant portion of their advertising budgets into cable-TV.  The medium had proven to be a low-cost, high-reach alternative to buying commercial on over-the-air television stations. 

Now, because of cord-cutting, there are 611,000 adult consumers in Las Vegas with unconnected TVs. This profoundly diminishes the value proposition of advertising with local cable systems.

There is a powerful and affordable solution, however, for small business owners to reach both the diminishing cable audience and the expanding number of cord-cutters.

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Topics small business advertising, small business owner, television advertising, radio advertising, las vegas small business owner, advertise on las vegas TV, effective radio advertising, best way to advertise, small business, television, pay-TV, cox cable, cable TV, advertise on radio, small business marketing, cord-cutter, cord-never, satellite TV

Las Vegas Retailers Prepare For $235 Million Back-To-School Season

Jul 23, 2020 11:13:38 AM / by Larry Julius

Based on projections from the National Retail Federation, Clark County parents are expected to spend $235 million to equip K-12 kids for the upcoming school year. If so, then this shopping spree will be 29% bigger than last year's and the biggest take since 2012.

“By any measure, this is an unprecedented year with great uncertainty, including how students will get their education this fall whether they are in kindergarten or college,” NRF President and CEO Matthew Shay says.

“Most parents don’t know whether their children will be sitting in a classroom or in front of a computer in the dining room, or a combination of the two. But they do know the value of an education and are navigating uncertainty and unknowns so that students are prepared."

Along with pencils, paper, pens, and knapsacks, the NRF survey says 63 percent of K-12 families expect to buy computers and other electronics this year, up from 54% last year, and they expect to spend more at an average $274.44, up from $203.44 last year. The $71 difference accounts for the largest share of the overall increase in average spending of almost $93.

Also, because many parents are unsure if learning will take place at school or at home, back-to-school spending this year is expected to include home furnishings such as desks, chairs, and lamps.

To claim a meaningful share of this year's booming back-to-school economy, local retailers will need to advertise to let parents know that their stores are open, it is safe to shop, and the needed supplies are in stock.

By any metric, the best way to reach these parents is on Las Vegas radio.

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Topics small business advertising, small business owner, radio advertising, millennials, las vegas small business owner, effective radio advertising, back to school shopping, retail, store traffic, small business, millennial parents, retail sales, retail stores, retailer, advertise on radio, small business marketing

Drivers Hit The Road Taking Las Vegas Radio Along For The Ride

Jul 21, 2020 4:40:03 PM / by Larry Julius

Car radios came to Las Vegas in June of 1930. For just $120, about $1200 in present dollars, local drivers could install these early mobile devices into their Fords, Studebakers, Packards, and DeSotos, 

The first car radios were built by the Galvin Manufacturing Company of Chicago. They named their invention, and eventually their company, Motorola.

Today, more than 1.4 million car radios fill ears of area drivers with music, news, sports, and information. As a result, local radio reaches more consumers than all other media.

In a typical pre-COVID-19 week, according to Nielsen, 88% of adult consumers would tune-in to a Las Vegas radio station. This is significantly more than were reached by local TV, cable, social media, newspaper, or streaming media sites Pandora and Spotify.

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Topics small business advertising, small business owner, radio advertising, effective radio advertising, best way to advertise, small business, advertise on radio, small business marketing

Advertising On Las Vegas Radio: What Consumers Want To Hear

Jul 16, 2020 5:13:40 PM / by Larry Julius

If you were one of the 1.5 million adults who tuned-in to a Las Vegas radio station last week, then no doubt you heard multiple commercials that included phrases like 'troubling times', 'uncertain times', 'unprecedented times', 'new normal', and 'we're in this together'. 

In March, as the pandemic began to disrupt consumers' lives, using these phrases was a powerful way for Clark County small business owners to acknowledge the severity of the crisis and to exhibit empathy. But 120 days later, these words have become cliche and have lost potency.

A cliche, says the Oxford Dictionary, is "a phrase or opinion that is overused and betrays a lack of original thought." 

According to the Writing Center at The University of North Carolina, the dependence on cliches could create a harmful perception of a business that uses them. For instance, these overused phrases can make an advertiser's message seem boring. They can be perceived as vague. They can be interpreted to be a sign of laziness. They can also result in a lack of credibility. 

The words a Las Vegas small business chooses for its advertising will have the most significant effect on sales. That's why eliminating cliches is critical.

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Topics small business advertising, small business owner, radio advertising, las vegas small business owner, effective radio advertising, radio commercials, copywriting, commercial length, small business, advertise on radio, small business marketing, writing radio commercials, effective advertising, scripts, creative

Advertising In Las Vegas: Consumers Pay More For Sustainable

Jul 14, 2020 2:39:50 PM / by Larry Julius

This year, according to Nielsen, one million Las Vegas area consumers will spend $974 million on eco-friendly goods and services. Sales for sustainable products have grown 20% since 2014, a trend expected to continue into 2021.

Tensie Whelan and Randi Kronthal-Sacco of the New York University Stern Center for Sustainable Business write in the Harvard Business Review, "Consumers are voting with their dollars against unsustainable brands. The legacy companies that will thrive are those that accept this shift and are willing to pivot.” 

For Clark County small business owners who are skeptical that sustainability affects purchase decisions, retail analyst Stacey Widlitz provided this advice, recently, in Forbes.

"Retailers only need to look to IBM's recent study, in association with the National Retail Federation, to understand just how fast consumer priorities are changing," says Ms. Widlitz. "Findings from the study revealed nearly 60% of consumers surveyed are willing to change their shopping habits to reduce environmental impact. For the nearly 80% of respondents who said sustainability is important to them over 70% would pay a premium of 35% on average."

To compete for a share of consumers' spending on green goods and services requires local small business owners to advertise.

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Topics small business advertising, small business owner, radio advertising, retail, store traffic, small business, retail sales, retail stores, advertise on radio, small business marketing, eco-friendly, sustainability, green products

Las Vegas Furniture Retailers Expect A Post-Pandemic Rebound

Jul 9, 2020 4:46:43 PM / by Larry Julius

Before the onset of COVID-19, more than 297,000 Clark County households were planning to spend $520 million on furniture, according to Nielsen. Unfortunately, many of those plans were put on pause as consumers sheltered in place to help slow the spread of the virus.

A recent study by Elevate | SmithGeiger suggests that the fortunes of home furnishing retailers, however, are about to improve.

According to the study, 32% of consumers who had been planning to buy furniture will do so within three months of the pandemic easing. Fifty percent will do so within six months. The numbers for mattress shoppers are even stronger.

To capture a significant share of the post-pandemic sales of furniture and mattress will require retailers to advertise. The most effective way to reach the customers who are ready to buy is on Las Vegas radio.

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Topics furniture, mattreess, small business advertising, small business owner, radio advertising, retail, mattress, best way to advertise, small business, retail sales, retail stores, retailer, advertise on radio, small business marketing

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