Advertise In Vegas

Traffic In Las Vegas Is Picking-Up. Is Your Small Business Ready?

Jun 3, 2020 1:42:04 PM / by Larry Julius

More than 92% of Las Vegas area households own at least one vehicle. 

Pre-pandemic, 83% of workers spent, on average, 52 minutes every weekday in these cars commuting to-and-from their jobs.  

On their way to work, many of these drivers would contribute to the Las Vegas area's $39.7 billion retail economy by visiting the convenience stores, coffeehouses, auto repair centers, gas stations, daycares, grocery stores, or hundreds of other businesses they passed.

At lunchtime, these same cars would take their owners to restaurants, dentist appointments, nail appointments, barbershops, and on an infinite number of other errands.

On the weekends, these vehicles filled the parking lots of hardware stores, furniture stores, car dealers, appliance stores, bowling alleys, movie theatres, and nightclubs, 

Then on April 1, when the Governor of Nevada shut down the state to slow the spread of COVID-19, traffic came to a standstill and so did the spending.

There are strong indications, though, that in Clark County, roads are filling up again.

Read More

0 Comments Click here to read/write comments

Topics return on investment, roi, small business owner, radio advertising, retail, store traffic, best way to advertise, consumer spending, small business, retail sales, retail stores, retailer, in-car audio, vehicle traffic

What Happens When A Las Vegas Small Business Stops Advertising?

May 28, 2020 1:30:40 PM / by Larry Julius

Clark County small business owners may perceive the continuation of advertising as a luxury right now. This is especially so when compared to the necessity for covering the costs of utilities, inventory, payroll, and rent.

Before pulling the plug, though, business owners from Paradise to Summerlin must consider the consequences of 'going dark', a marketing term which means to stop advertising.

"According to our analysis, short-term decisions to go dark create significant risk for long-term revenue," says Ameneh Atai, Senior Vice President of Commercial Strategy at Nielsen. "This affects both incremental revenue and base sales."

"Our database of long-term effects models suggests that cutting ad spending for the rest of 2020 could lead up-to 11% revenue decrease in 2021," says Ms. Atai. "It could take three to five years of solid and consistent brand building to recover from an extended dark period of media."

"We have a ton of evidence in our historical analysis," adds Nielsen's Tsvetan Tsvetkov, Senior Vice President of Agency and Advertiser Solutions. "Companies that step away from advertising efforts for a period of time, whether it's a couple of quarters or a full year or longer lose the momentum they have built over time the minute they stop. To recover takes a long, long time."

To avoid the economic risks of going dark, local small business owners need to make sure every dollar spent on advertising produces solid returns.  By most marketing metrics, advertising on Las Vevas radio could prove to be the best option.

Read More

0 Comments Click here to read/write comments

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

Who'll Be Buying When Las Vegas Small Businesses Reopen?

May 19, 2020 10:16:00 AM / by Larry Julius

To slow the spread of COVID-19, the Governor of Nevada shut down all but the most essential businesses in the state on April 1. This public safety measure inflicted a severe disruption to the Las Vegas area's $39.7 billion retail economy.

As local small business owners prepare to reopen, each must concentrate on supercharging their cash flows to compensate for nearly 50 days of consumer abstinence. Turning the lights back on and hanging out a welcome sign might not be enough, though, to bring even the most loyal customers back.

Some customers may not return because of personal safety concerns. Other customers may have discovered alternative sources to purchase goods and services.

But, there is one thing every Las Vegas small business owner can be assured of. Consumers will not return if they aren't aware that a business has reopened.

Advertising is a potent tactic for any Clark County small business that needs to reintroduce itself to local consumers.

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

Read More

0 Comments Click here to read/write comments

Topics small business owner, radio advertising, retail, store traffic, best way to advertise, small business, retail sales, retail stores, retailer, corona, coronavirus, covid 19, crisis marketing, reopen

Keeping Your Las Vegas Small Business Healthy During The Corona Crisis

Mar 16, 2020 5:30:18 PM / by Larry Julius & Bob McCurdy

The top concern of every Clark County small business owner is the health and safety of their families and employees.  Local information and breaking news regarding the Coronavirus is available by clicking here.

Of course, a secondary concern is tending to the health of their business amid an overabundance of social and financial disruptions. 

There is one prescription that helped many Las Vegas area businesses survive the Great Depression of 1929, the economic crash of 2009, and every recession in between.  The Rx for keeping a business healthy during chaotic times is to continue advertising.

The best example of how advertising can fend off tough times was shared by The New Yorker magazine financial columnist James Surowiecki.

Read More

0 Comments Click here to read/write comments

Topics small business owner, radio advertising, restaurant, restaurant advertising, retail, recession, best way to advertise, small business, retail stores, retailer, corona, coronavirus, covid 19

Does Social Media Work For Las Vegas Retailers?

Mar 13, 2020 6:09:30 PM / by Larry Julius

Las Vegas retailers spend a considerable amount of time and money marketing their small businesses on social media.  Is this effort paying off?

Each month, according to Nielsen, 1.2 million Clark County adults use Facebook, Instagram, or Twitter. This equates to 70% of consumers.  This reach is rather anemic compared to Las Vegas radio and TV, which attracts considerably more users in a single week than these social media platforms do over 30 days.

Among local millennials, the monthly reach of Facebook, Instagram, and Twitter is eclipsed by the weekly reach of Las Vegas radio.

The number of consumers reached by an advertising campaign, according to Nielsen, is the media consideration that has the most significant effect on increasing sales. 

Read More

0 Comments Click here to read/write comments

Topics reach, small business owner, radio advertising, twitter, social media advertising, facebook, instagram, retail, best way to advertise, facebook advertising, small business, retail sales, retail stores, retailer, engagement

Small Business Advertising In Las Vegas: Target The Spenders

Mar 3, 2020 8:09:10 PM / by Larry Julius

Clark County consumers spent more than $45.6 billion with retailers last year. The National Retail Federation forecasts 4.1% more will be spent this year.

Who are the shoppers that will be spending all this money?

According to Nielsen, 43.4% of retail dollars are spent by Las Vegas area consumers over the age of 50. This may surprise many small business owners because older consumers comprise only 35% of the area's adult population.

These older consumers account for a substantial share of spending in almost every retail category. This includes furniture, cars, pet supplies, fast food, and electronics.

To earn a share of these massive dollars spent by these older consumers requires Las Vegas small business owners to advertise.

Read More

0 Comments Click here to read/write comments

Topics small business advertising, television advertising, radio advertising, social media advertising, newspaper advertising, retail, store traffic, best way to advertise, consumer spending, small business, retail sales, retail stores, baby boomers, retailer

Receive Great Advertising Advice Direct To Your Inbox...

Advertise On Las Vegas Radio

Recent Posts

Our Social Media