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Social Media Advertising vs. Las Vegas Radio

Aug 12, 2019 11:02:00 AM / by Larry Julius

The first radio station in Las Vegas went on-the-air in 1940.  Sixty-four years later, Facebook inaugurated the social media era.  Twitter, Instagram, YouTube, and Snapchat, Pinterest, Reddit, and hundreds of other sites quickly followed.

As social media matured from a novelty to part of consumers' daily rituals, some Las Vegas business owners began to experiment with advertising.

By every key advertising metric, though, Las Vegas radio remains the best choice for a small business to market their goods and services. Here's why.

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The Value Of Reaching Las Vegas Consumers In Their Cars

Aug 7, 2019 4:18:00 PM / by Larry Julius

In 1930, the Galvin Manufacturing Corporation put the first car radio on the market. They called it the Motorola. This in-car entertainment would setback a Las Vegas consumer about $120 which would be equivalent to $1200 today.

But, if you had that kind of cash, you would be able to cruise around in your Ford Model-A, DeSoto, Packard, or Studebaker and hear the music of the day from radio stations in Los Angeles, San Francisco, or Reno.  

It wouldn't be until 1940 when Las Vegas would have it's own full-time radio station.

Today, there's a radio in almost every vehicle on the streets of Clark County. Despite the competition on the dashboard from other sources of entertainment, AM/FM radio remains the dominant choice for in-car entertainment.  This is great news for local business owners who depend on Las Vegas radio to market their goods and services.

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ROI: How Las Vegas Small Business Owners Turn Dimes To Dollars

Aug 2, 2019 7:05:59 PM / by Larry Julius

Suppose you woke up one morning and found a 100-year-old machine in your basement. You soon discovered that every time you put a dime in the machine, one dollar came out.  How many dimes would you drop in that machine?

Good news for Las Vegas small business owners: such a machine exists and you probably have one in your car, at work, at home, even on your phone. It's called local radio.

Over the past few years, Nielsen has conducted over 20 studies to determine what type of return-on-investment (ROI) a business can expect from radio advertising.  Although the results varied by industry, the average company generated $100 in sales for ever $10 invested.  Turning dimes into dollars.

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Best Way To Recruit And Hire White-Collar Workers in Las Vegas

Jul 22, 2019 2:00:00 PM / by Larry Julius

If you were one of the 1,502,89 adults who tuned-in to a Las Vegas  radio station last week, it is likely you heard a commercial for Indeed.  That's because, last week, Indeed, the world's largest online job site was also radio's biggest advertiser.

The reason Indeed invested so heavily in radio advertising is that they have far more job openings posted on their than site than there are job-hunters to fill them. 

This is not unlike the predicament of Las Vegas small business owners who are also having difficulty finding and hiring qualified candidates.

What Indeed has figured out is that there are not enough unemployed people or disgruntled workers looking for jobs, especially among those in white-collar professions. So, the company is looking to attract what human resource experts call the 'passive job seekers'.

It turns out that advertising on Las Vegas radio is also the best way for any business owner to recruit, hire, and retain those passive, white-collar job seekers.

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I Didn't Expect That! Advertising Advice For Vegas Business Owners.

Jul 18, 2019 4:31:00 PM / by Larry Julius

Striking a wrong note is a potent tactic that a Nevada small business owner can use when advertising on Las Vegas 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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Getting Heard Is Job #1 For All Advertising In Las Vegas

Jul 15, 2019 6:58:00 PM / by Larry Julius

The number one job of every commercial on Las Vegas radio is not to sell products.

The number one job is not to build store traffic or to create top of mind of awareness.

The number one job of a radio commercial is not to build brand or deliver ROI.

The number one job of every commercial on a Las Vegas radio station is to be heard. Period. When a commercial is heard, then all the rest will follow. But being heard is not easy.

At the exact second a radio commercial begins, 11,000,000 other pieces of information are all wrestling for the listener's attention.  Sadly, a consumer's brain is only capable of dealing with about 50 bits of that information at a time.

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How Internet Advertising Compares to Las Vegas Radio

Jul 11, 2019 3:30:00 PM / by Larry Julius

Here's a quiz for Las Vegas small business owners:

Which of these online sites reach more adults each month than Las Vegas 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 Las Vegas 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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Making A Budget Work Harder When Buying Advertising On Las Vegas Radio

Jul 8, 2019 6:14:00 PM / by Larry Julius

Las Vegas consumers are expected to buy $39 billion worth of local goods and services over the next 12 months. To claim the largest share of those dollars requires small business owners to advertise.

“Think you have a great product?” asks the 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."

According to the eBook Seven Steps for Success, "There are many ways for small business owners to advertise. Options include local newspapers, local magazines, local television, and online."

"But to achieve the “3-Rs” of advertising success, Reach, Recall, and Return, no other medium delivers results as effectively and efficiently as advertising on Las Vegas radio."

For budget-conscious small business owners, there are three tactics that can be employed to make sure every advertising dollar spent on Las Vegas radio stations works as hard as possible.

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How To Advertise To Las Vegas Moms

Jul 1, 2019 5:02:00 PM / by Larry Julius

 

Advertising on Las Vegas radio stations is the best way for local small business owners to reach the lucrative, local mother market.  Here's why.

Las Vegas consumers will spend $39 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 371,000 mothers with children under the age of 17 at home.

Las Vegas 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

  • 48% more likely to take a family vacation
  • 25% more likely to purchase a car or truck
  • 80% more likely to buy furniture
  • 86% more likely to purchase a major appliance
  • 17% more likely to buy a mattress
  • 147% more likely to buy a new house/condo
  • 165% more likely to purchase a boat
  • 25%% more likely to buy carpeting/floor coverings
  • 58% more likely to move
  • 39% more likely to look for a new job
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Pro Tips For Small Business: Advertising on Las Vegas Radio Stations

Jun 24, 2019 6:02:00 PM / by Larry Julius

Professional advice is always welcome. Especially when you are a Las Vegas business owner investing your own money trying to capture a larger share of the $39-billion local consumers will spend this year.

Thousands of business owners depend on Las Vegas 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 Las Vegas small business owners than does reach, targeting, or branding elements. 

Producing and judging effective creative, though, can be a challenge for a Las Vegas business owner. So, here is some advice from an award-winning, advertising professional.

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