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Small Business Advertising: Reaching Philadelphia Furniture Shoppers

Jan 20, 2020 7:23:00 AM / by Larry Julius

Low unemployment, a boom in housing starts, and confident consumers are propelling robust sales for Delaware Valley furniture stores.

In 2019, local consumers in the Philadelphia area spent $2.2 billion on furniture and home furnishing. This number is expected to grow.

Based on estimates developed by Furniture Today’s Strategic Insights team and Easy Analytic Software Inc. (EASI), the total furniture and bedding market is projected to expand by more than 22% by 2024.

If a Delaware Valley small business owner who sells furniture, furnishings, or home decor would like to grab a larger share of this expanding market, then advertising is necessary.  By almost every key metric, advertising on local radio is a sound marketing investment.

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Topics Millennials, newspaper advertising, social media advertising, television advertising, Online Advertising, consumer spending, small business owner, radio advertising, facebook advertising, small business, digital advertising, mattresses, home buyers, real estate, furniture

Best Way To Advertise A Pizza Restaurant in The Delaware Valley

Jan 7, 2020 4:39:53 PM / by Larry Julius

Philadelphia area consumers cannot get enough pizza.

In 2012, there were just about 1,750 local pizza restaurants. Today, however, that number has grown to 1,900. In 2019, these establishments racked up $890,000,000 in total sales.

Fifty-nine percent of pizza sales in the Philadelphia area are rung-up by one of the top-50 chains like Domino's or Pizza Hut. The remaining 41% of revenue is controlled by independent, small business owners.

To compete for a larger share of the pizza pie in the Delaware Valley  requires local restaurant owners to bring in new customers. A proven way to accomplish this is with advertising.

The US Small Business Administration recommends that every local  small business advertise consistently.  

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Topics Best Way To Advertise, Restaurant Advertising, Pandora, Spotify, newspaper advertising, social media advertising, television advertising, Online Advertising, consumer spending, small business owner, radio advertising, small business, digital advertising, Pizza Restaurant

Small Business Advice: Home Improvement Advertising In Philadelphia

Jan 2, 2020 9:57:16 AM / by Larry Julius

Consumers in the Delaware Valley spent a record $6.5 billion on home improvements in 2019. This level of spending is projected to drop modestly next year, according to Harvard University’s Joint Center for Housing Studies.

“Declining home sales and home-building activity coupled with slower gains in permitting for improvement projects will put the brakes on remodeling growth,” says Chris Herbert, the center’s managing director.

“However, if falling mortgage interest rates continue to incentivize home sales, refinancing, and ultimately remodeling activity, the slowdown may soften some.”

If Philadelphia area small businesses that sell home improvement products and services would like to continue to grow despite the softening market, then advertising will be required.

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Topics Home Improvement, newspaper advertising, social media advertising, television advertising, Online Advertising, best time to advertise, small business owner, radio advertising, small business, digital advertising, home remodeling

Advertising Options For Philadelphia Small Business Owners

Dec 30, 2019 7:48:00 AM / by Larry Julius

Advertising is critical to the success of every Delaware Valley small business owner.  One of the most powerful elements of any advertising campaign is how many people it reaches.

Nielsen, the world's largest consumer insights company, found that advertising reach has a more significant effect on sales than branding, recency, and context.

There are many ways a local business owner can advertise. This includes traditional media like Philadelphia radio, local TV, and newspaper. It also includes online advertising options such as Facebook, Instagram, and Pandora.

They type of customer an individual business needs to reach depends on the goods and services the company sells. For instance, a daycare operator might want to reach households with young children. On the other hand, a real estate agent could be looking for consumers in the market to purchase a new home.

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Topics Blue-Collar Workers, newspaper advertising, political advertising, working mothers, mothers, social media advertising, television advertising, Online Advertising, best time to advertise, consumer spending, radio advertising, digital advertising, college graduates, reach, ethnicity, advertise to African Americans, Advertise To Hispanics, parents, voters, white collar workers, education

Employment Advertising: Reach 94% Of Qualified Candidates In Philly

Dec 26, 2019 12:21:38 PM / by Larry Julius

Delaware Valley small business owners need employees...desperately.

According to a report from the National Federation of Independent Business, 26% of small business owners say finding qualified workers is their number one problem. 

The report goes on to say that 88% of small business owners looking to hire new employees are finding there are no qualified candidates.

The historically low unemployment figures in the Philadelphia area appears to be the root cause of local hiring woes. The metro area's jobless rate stands at 3.4%. There are just not enough qualified workers to go around.

Most small business owners have exhausted the traditional methods of recruitment. These include online job board posts, newspaper ads, referral bonuses, and help wanted signs. All to no avail.

To successfully attract the qualified applicants they yearn for, local small business owners need to command the attention of 'passive' job seekers. The number one source for these candidates is Philadelphia radio.

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Topics Recruitment Advertising, Best Way To Advertise, newspaper advertising, social media advertising, Online Advertising, small business owner, radio advertising, small business, digital advertising, employment advertising

Advertise In Philadelphia: The Value Of Marketing To College Graduates

Dec 11, 2019 8:59:00 AM / by Larry Julius

There's a reason many Delaware small business owners target their advertising towards consumers who have completed a four-year college degree. It's because, typically, university graduates earn $29,106 more per year than those with only a high school diploma, according to The Federal Reserve.

There are, according to Nielsen, 1.5 million college graduates living in the Philadelphia  area. In total, this population generates $112.7 billion in annual take-home pay.

To tap into a similar pool of spending power, a marketer would need to reach 2.5 million consumers who did not go beyond high school. The problem is, there is 100,000 fewer than that living in the Delaware Valley.

The number of people reached by a campaign is, generally, what determines the cost of advertising. So, for a local small business owner operating on a tight marketing budget, spending can be kept in check by targeting those consumers with the most money to spend. In this case, college graduates.

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Topics Small Business Advertising, Best Way To Advertise, Effective Advertising., Pandora, Spotify, newspaper advertising, social media advertising, Online Advertising, consumer spending, small business owner, radio advertising, facebook advertising, small business, digital advertising, college graduates

Philadelphia Small Business Advice: Top 10 Marketing Articles of 2019

Dec 9, 2019 2:19:17 PM / by Larry Julius

Small business owners in the Philadelphia area must advertise to claim a fair share of the $100.9 billion retail economy.

“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.”  The SBA goes on to say, “Advertising, if done correctly, can do wonders for your sales, and you know what that means: more revenue and more success for your business."

During 2019, many Delaware small business owners sought advertising guidance on the advice pages of www.AdvertiseInPhiladelphia.com. Below are the top ten most-read articles from the past 12 months.

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Topics Best Way To Advertise, Advice, newspaper advertising, social media advertising, television advertising, Online Advertising, small business owner, radio advertising, facebook advertising, small business, digital advertising

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