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Why Philadelphia Used Car Dealers Should Advertise Now

Feb 14, 2020 7:49:44 AM / by Larry Julius

March is the biggest single month for used car sales in the Delaware Valley. During these 31 days alone, local pre-owned vehicle dealers are expected to bring in $198 million in sales. This will represent 10% of their annual revenue.

By the end of May, these dealers owners will sell more than $550 million worth of pre-owned cars and trucks. This, undoubtedly, makes March-May 'used car season' in the Philadelphia area.

Although most Delaware Valley used car dealers are small business owners, they do really big business. In all, over the next 12 months, more than 680,000 pre-owned vehicles will be driven off their lots.

To capture a larger share of the area's $1.9 billion used car market requires pre-owned vehicle dealers to advertise. By any measure, the best way for these business owners to advertise is on Philadelphia radio.

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Topics Millennials, newspaper advertising, social media advertising, television advertising, Online Advertising, consumer spending, small business owner, radio advertising, small business, digital advertising, automotive, used trucks, used cars

Advertising On Philadelphia Radio: 5 Key Facts For Business Owners

Feb 10, 2020 4:33:23 PM / by Larry Julius

Delaware Valley small business owners have been advertising on Philadelphia radio since the first local stations, went on air in 1922.  By almost every metric, the medium remains the best way to successfully market goods and services to local consumers.

Before local businesses execute their marketing plans for this year, here are five facts they should know about radio advertising.

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Topics Best Way To Advertise, Pandora, Spotify, newspaper advertising, social media advertising, television advertising, small business owner, radio advertising, facebook advertising, frequency, small business, reach, reach and frequency, demographics

Advertise In Philadelphia: Reaching Mother's Day Shoppers

Feb 7, 2020 8:27:00 AM / by Larry Julius

As Valentine's Day sales begin to dwindle, that's when Delaware Valley small business owners start thinking about Mom.

Mother's Day, which happens on the second Sunday of May, is second only to Christmas in terms of holiday spending. Last year, Philadelphia area consumers spent more than $416-million celebrating the women in their lives. That number is expected to grow again in 2020.

To claim a significant share of this Mother's Day cash, local retailers and restaurants will need to advertise.  By almost every key metric, advertising on Philadelphia radio is the best choice.

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Topics Best Way To Advertise, Restaurant Advertising, newspaper advertising, retail, social media advertising, television advertising, Online Advertising, consumer spending, small business owner, radio advertising, facebook advertising, small business, digital advertising, mother's day, restaurant marketing

Smart Speakers: What Philadelphia Consumers Are Listening To

Feb 3, 2020 7:31:00 AM / by Larry Julius

Over 1,000,000 consumers in the Delaware Valley now own a smart speaker. Ownership of these devices, including Amazon Echo and Google Home, has grown five-fold since the beginning of 2017.

According to Adobe Analytics, significantly  more consumers are asking Siri and Alexa to play music than any other activity.

Many Philadelphia area small business owners depend on local radio to advertise their goods and service. So, how does the use of smart speakers as an audio device affect their radio advertising's ability to reach local consumers? The answer is: none at all.

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Topics Best Way To Advertise, Pandora, Spotify, Streaming Audio, small business owner, radio advertising, small business, alexis, smart speakers, siri

Best Way For Insurance Agents To Advertise In Philadelphia

Jan 29, 2020 7:58:54 AM / by Larry Julius

If you were one of the 3,830,493 consumers who tuned-in to a Philadelphia radio station last week, then chances are you heard at least one commercial from GEICO, Progressive, or Liberty Mutual. That's because insurance is big business in the Delaware Valley.

Each year, Philadelphia area consumers spend $7.4 billion to insure their homes and cars. That's almost $1500 for every area adult.

There is good news and bad news for the 9300 local insurance agents who are competing to earn a substantial share of the home and auto premiums consumers are paying.

According to Nielsen, 373,000 policyholders in the Delaware Valley are planning to switch insurance providers during the next 12 months.

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Topics Best Way To Advertise, small business owner, radio advertising, small business, home buyers, real estate, car insurance, automotive, car buyers, insurance, insurance agent, home insurance

Advertising In Philadelphia: Choose The Right Radio Stations

Jan 27, 2020 9:01:10 AM / by Larry Julius

There are many ways for Delaware Valley small business owners to advertise. Options include newspapers, magazines, television, social media, and streaming media.

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 Philadelphia radio.

"Had I realized that advertising on Philadelphia radio was so effective, I would have started sooner. It would have helped to build our business faster," says Frank Lobascio. He is the Managing Partner of Armor Metals and Recycling in Pennsauken Township, New Jersey.

The company recycles scrap metals, including copper, aluminum, brass, and steel. The company also recycles electronic equipment, wire, and computers.

So, how can a Delaware Valley small business owner choose the best Philadelphia radio stations to advertise on?

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Topics Best Way To Advertise, small business owner, radio advertising, frequency, small business, reach, reach and frequency, marketing objective

How Pandora & Spotify Compare To Advertising On Philadelphia Radio

Jan 23, 2020 8:12:31 AM / by Larry Julius

In 1922, the first Delaware Valley radio stations took to the airwaves. Today, 3,830,493  adult consumers tune-in to Philadelphia radio every week. This is significantly more than watch local TV or read newspapers. 

Philadelphia small business owners, however, also want to know how local radio compares to streaming audio platforms like Pandora and Spotify, especially as it relates to advertising. The answer could surprise many of them.

Pandora was created to provide a personalized radio station catering to the musical preferences of each user.  The playlists were determined by a proprietary algorithm and then streamed directly to each listeners' computer. Over the next few years, the service became available on iPads and smartphones.

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Topics Best Way To Advertise, Millennials, Pandora, Spotify, Streaming Audio, consumer spending, small business owner, radio advertising, small business

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

Real Value: Advertising At Night On Philadelphia Radio

Jan 14, 2020 8:26:33 AM / by Larry Julius

Is advertising on the radio just a day job for Delaware Valley small business owners?  

Thousands of local companies depend on radio advertising to market their goods and services. But, most of these business owners choose to buy commercials only between 6:00 am and 7:00 pm.  Is this a good idea? Maybe not. Here are the facts.

Last week, for instance, 3,830,493 adult consumers tuned-in to their favorite Philadelphia radio stations. This is significantly higher than the number that tuned-in to a local TV station, read a local newspaper, logged-on to social media sites like Facebook, or streamed audio from Pandora and Spotify.

But radio listeners do not roll-up their ears just because the sunsets. According to Nielsen, 57.1% of Delaware Valley consumers who listen to the radio during daylight hours, also tune in at night.

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Topics Best Way To Advertise, Advice, best time to advertise, small business owner, radio advertising, small business

Be Heard: The #1 Job Of Every Commercial On Philadelphia Radio

Jan 10, 2020 8:19:37 AM / by Larry Julius

The number one job of a radio commercial is  not  to sell products for the sponsoring Delaware Valley small business owner. 

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 Philadelphia radio 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.

If you are a local business owner who would like to secure a larger share of the $100-billion Delaware Valley consumers will spend this year, then what you say first in your radio commercial is crucial to winning the battle for a consumer's ear.

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Topics Best Way To Advertise, Advice, Advertising Advice, Effective Advertising., Effective Radio Commercials, Copywriting, top of mind awareness, small business owner, small business

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