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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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TV Advertising In Las Vegas: Viewership Is Cratering

May 28, 2019 7:00:00 PM / by Larry Julius

For most of my lifetime, television advertising was considered the "gold standard" of marketing. For a Las Vegas small business owner craving massive reach, TV used to be the medium of choice.

Over the past few years, however, advertising on Las Vegas radio has become the dominant medium for achieving reach as television audiences dramatically erode.

Take last week for example. Almost 1,502,898 adult consumers tuned-in to their favorite Las Vegas radio stations. This is significantly more than watched local TV, read a local newspaper, or logged-on to a streaming media site like Pandora and Spotify.

 

For the past 40 years, Las Vegas radio has reached more than 90% of all consumers. But, look what has happened to TV's audience.

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Topics automotive, return on investment, roi, small business advertising, small business owner, legal, television advertising, radio advertising, lawyers, las vegas radio stations, advertise in las vegas, advertising in vegas, advertising in las vegas, las vegas tv advertising, las vegas small business owner, las vegas business owner

Las Vegas Radio Stations: Fastest Path To Consumers' Brains

May 21, 2019 4:00:00 PM / by Larry Julius

Advertising on Las Vegas radio stations is processed by the brain five-times faster than visual advertising.  This is awesome news for local business owners who depend on radio to market their goods and services.

Las Vegas consumers will recognize the first few notes of Jingle Bells five times faster than they can identify a picture of Santa Claus.  That's because it takes the human brain 5/100th of a second to process sound.  On the other hand, it takes a full quarter of a second to process visual stimuli.

This difference in processing time may seem inconsequential. But, for Las Vegas small business owners who is fighting to inject their advertising messages into the mind of consumers, that .20-second gap can be the difference between success and failure.

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Topics automotive, frequency, roi, small business advertising, small business owner, real estate, television advertising, radio advertising, las vegas radio stations, advertise in las vegas, advertising in las vegas

What Is The Best Time Of Day To Advertise on Las Vegas Radio Stations?

May 17, 2019 3:00:00 PM / by Larry Julius

You've done the research. You now know that by every measure, radio advertising is the most effective way for your Las Vegas small business to market its goods and services.

You have learned, for instance, 1,502,898 consumers regularly tune-in to their favorite Las Vegas radio stations.  That's more than 90% of all adults.

You've also learned that, on average, adults spend almost two hours per day listening to Las Vegas radio.

If you dug deep enough, then you know radio advertising delivers, on average, a $10 lift in sales for every $1 invested. This is a remarkable ROI for any Las Vegas small business owner.

What you may not have figured out, however, is what is the best time of day to advertise on Las Vegas radio?

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Topics return on investment, roi, small business advertising, small business owner, radio advertising, las vegas radio stations, advertise in las vegas, advertising in vegas, advertising in las vegas, dayparts, time of day, quality, prime time

Las Vegas Business Owners: Skip Ads on Pandora and Spotify

May 10, 2019 4:00:00 PM / by Larry Julius

Of all the advertising options available to Las Vegas small business owners, streaming audio services like Pandora and Spotify are the least effective.  Here's why.

According to Nielsen, after the content of a commercial is considered, the element of an advertising campaign that drives sales the most is reach. In other words, making sure the most people possible are exposed to the advertiser's message is crucial.

When it comes to achieving reach among consumers, Pandora and Spotify rank dead last.  Advertising on Las Vegas radio stations, actually, can reach 235% more consumers than these two streaming-audio platforms combined.

It may surprise many small business owners that Las Vegas radio stations have a larger reach than Pandora and Spotify even among millennials.  Clearly, it is a myth that younger consumers are ditching legacy media in favor of digital options.

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Topics return on investment, roi, mattreess, small business owner, radio advertising, millennials, las vegas radio stations, advertise in las vegas, advertising in vegas, advertising in las vegas, pandora, spotify

Meet 5 Successful Small Business Owners Who Advertise on Vegas Radio

May 7, 2019 10:41:00 AM / by Larry Julius

On November 1, 1940, KENO signed on as the first radio station in Las Vegas, Nevada. Since then, local business owners have depended on radio advertising to successfully market their goods and service.

Using any advertising metric, despite the inundation of new media options, radio remains the most potent medium for fulfilling the marketing objectives of Las Vegas area business owners of every size.

In the age of all things digital, is advertising on Las Vegas radio still effective? Meet five local small business owners who say, YES!

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Topics automotive, return on investment, roi, mattreess, small business advertising, real estate, radio advertising, lawyers, las vegas radio stations, advertise in las vegas, advertising in vegas, advertising in las vegas

Combining Radio & TV Advertising Creates Clients For Vegas Law Firm

May 1, 2019 3:03:09 PM / by Larry Julius

If you were one of the 1,502,898 adults who tuned-in to a Las Vegas radio station last week, you probably heard a commercial for the Panda Law Firm (aka Peters & Associates).

"Advertising on Las Vegas radio stations has been an integral part of the firm's growth," says Scott Chatley who has been handling the marketing for Panda law since 2010. "We bought our first radio commercial in 2011 and have been on the air ever since."

Market research affirms Mr. Chatley's use of radio advertising to expand the firm's caseload.

Each week, Las Vegas radio stations reach significantly more local consumers who are likely to hire an attorney than are reached by local TV, local newspapers, or streaming audio sites such as Pandora and Spotify.

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Topics reach, frequency, return on investment, roi, legal, television advertising, radio advertising, lawyers

Las Vegas Small Business Owner Hits Home Run With Radio Advertising

Apr 26, 2019 7:41:16 AM / by Larry Julius

If you were one of the 1,502,898 adult consumers who tuned-in to a Las Vegas radio station last week, then you, no doubt, heard Aaron Taylor. You know, 'The Real Estate Guy'.

"Radio, by far, is my biggest source of advertising," says Mr. Taylor. "We have sold more homes and made more money since I started advertising on the radio than I have at any other time before then."

Mr. Taylor had been a very successful real estate agent prior to advertising on Las Vegas radio stations. He established O48 Realty in 2003 and quickly expanded to 116 agents.

"In 2008, I lost everything," says Mr. Taylor. "When the real estate crash happened, I wasn't prepared. The company's expenses were far greater than what little money was coming in."

"I needed a home run to turn the business around. A base hit would not do," says Mr. Taylor, who is very fond of sports analogies. "Advertising on Las Vegas radio was a home run."

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Topics return on investment, roi, small business advertising, small business owner, real estate

Radio Advertising Built This Las Vegas Small Business

Apr 23, 2019 6:53:52 PM / by Larry Julius

"A lot of businesses grow by word of mouth, but that doesn't work for us," says Justin Pulliam, one of the founders of NuMale Medical Center. "Our patients are very private about the services we provide to them, so they aren't going to tell anyone they've been to our office."

NuMale Medical Center provides treatments for erectile dysfunction, hormone replacement, bioidentical testosterone replacement; hair restoration, and other services for men.

"Because we can't rely on word of mouth," says Mr. Pulliam, "we depend on advertising to educate men in Las Vegas about who we are, what we do, and how we can help them."

Advertising on Las Vegas radio stations is NuMale's primary form of marketing. "I wouldn't have a business if it weren't for radio advertising," says Mr. Pulliam.

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Topics frequency, return on investment, medical, roi

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