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Who Listens To Commercials On Fort Myers Radio?

Apr 22, 2020 12:55:26 PM / by Larry Julius

Every week, 807,219 adult consumers tune-in to a Fort Myers radio station. That is way more than are reached by other media, including local television, newspaper, social media, or streaming audio sites like Pandora and Spotify.

A more significant number for thousands of Southwest Florida small business owners who advertise on Fort Myers radio is how many of these listeners stick around when their commercials come on.

A 2011 Nielsen study discovered that, on average, 93% of listeners stayed with the radio station they are tuned-to when the commercials come on. That number amazed many advertisers at the time who believed that audiences were far more likely to defect when the music stopped.

A lot has changed since 2011. SWFL consumers have many more media options and can instantly connect to each  with a button-push, mouse-click, screen-tap, or voice command. With all of these choices, do radio audiences still stay tuned during commercial breaks?

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Topics pandora, best way to advertise, streaming audio, radio advertising, online advertising, social media advertising, facebook, instagram, newspaper advertising, television advertising, spotify, button pushing

Advertising On Fort Myers Radio Still Best Option During Corona Chaos

Apr 16, 2020 8:31:52 AM / by Larry Julius

The chaos created in Southwest Florida by the onset of Coronavirus has been a disruptive force among consumers. 

Work routines, buying habits, family life, and media consumption have all been palpably affected. These are all factors that need to be considered by small business owners who continue to advertise their goods and services during the crisis.

Before the current chaos, advertising on Fort Myers radio, by any metric, was the best way a local small business could advertise.

For instance, pre-Coronavirus, 807,000 adult consumers tuned-in to a Fort Myers radio station every week. This is significantly more than watched local TV, read a newspaper, accessed social media, or streamed audio from sites like Pandora and Spotify.

New research released from Nielsen indicates that amidst the current crisis, listening to local radio remains little changed. This is great news for those SWFL small business owners who are depending on advertising for their long-term survival.

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Topics pandora, best way to advertise, spotifty, streaming audio, radio advertising, online advertising, digital advertising, social media advertising, newspaper advertising, television advertising, facebook advertising, corona, coronavirus, covid 19, crisis marketing

Fort Myers Small Business Advice: Marketing During The Corona Crisis

Apr 8, 2020 7:07:27 AM / by Larry Julius

In 'normal' times, Southwest Florida consumers would be expected to rack up $22.5 billion in annual retail sales. Of course, since the onset of the Coronavirus crisis, nothing has been normal.

But as Gordon Borrell, CEO of Borrell Associates, explained to Fort Myers-Naples area small business community via teleconference, consumers are still spending. This, it turns out, is normal.

Mr. Borrell shared research from Ibis that demonstrates during every type of crisis, including depressions, recessions, floods, hurricanes, earthquakes, fires, and, now, pandemics, consumers still spend.

The business literature contains an abundance of examples of how continuing to market and advertise during an economic crisis can help a company survive and emerge from the episode even stronger than before.

SWFL small business owners who do continue to advertise and market, however, should consider modifying their pre-crisis strategy.

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

Crisis Marketing: What SWFL Small Business Owners Should Know

Mar 31, 2020 12:57:21 PM / by Larry Julius

Last week, Gordon Borell, CEO of Borrell Associates, shared insights with Southwest Florida small business owners on the value of marketing to consumers during a crisis. A video replay of the teleconference is available by clicking here.

Mr. Borrell is the CEO of Borrell Associates. His company is one of the most trusted sources of trends and forecasts for local media today.

According to Mr. Borrell, despite social distancing and economic jitters induced by the Coronavirus chaos, consumers are still spending money.

He points to research from Ibis that consumer consumption continues in almost every crisis including, depressions, recessions, floods, hurricanes, earthquakes, fires, and, now, pandemic.

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Topics best way to advertise, retail, small business advertising, radio advertising, small business owner, small business, corona, coronavirus, covid 19, crisis marketing, Borrell Associates

Fort Myers Radio: Who's Listening During The Coronavirus Crisis

Mar 27, 2020 3:32:59 PM / by Larry Julius

In a typical week, 800,000 adult consumers tune-in to Fort Myers radio stations.  But, since the onset of the Coronavirus, the weeks have not been typical.

Before social-distancing and work-from-home orders, 454,000 Southwest Florida consumers would drive to-and-from work each day. More than 94% of these commuters could be reached by radio.  

SWFL small business owners who depend on radio advertising to market their goods and services, therefore, might be concerned that the disruption in commuting patterns could depress the amount of time consumers spend with local radio.

According to market research, however, radio listening remains an important part of the daily life of consumers. Even amid the current chaos.

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Topics best way to advertise, retail, radio advertising, small business owner, small business, corona, coronavirus, covid 19, crisis marketing

Coronavirus: Advertising In SWFL For Small Business Survival

Mar 25, 2020 3:00:44 PM / by Larry Julius

Southwest Florida small business owners are fighting the coronavirus battles on multiple fronts.  Their first objective is to keep their families and employees safe. Then, of course, there are the concerns of keeping their businesses healthy enough to survive current disruptions.

The business literature has an abundance of case studies showing how survival is often connected to a thoughtful communications and marketing strategy during challenging times.  

Business owners need to let Fort Myers-Naples area consumers know if they are still open. If their hours have changed. Or if they are providing alternative shopping methods (e.g., delivery, curbside pick-up).

Most importantly, it is imperative consumers know that a business will still be there for them when the crisis is over.

For those owners who are depending on communication to preserve their business, the best option may be to advertise on Fort Myers radio.

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Topics restaurant, roi, best way to advertise, streaming audio, radio advertising, small business owner, return on investment, social media advertising, facebook, newspaper advertising, television advertising, small business, retail sales, retail store, retailer, facebook advertising, corona, coronavirus, covid 19

Keeping Your SWFL Small Business Healthy During The Corona Crisis

Mar 16, 2020 4:57:28 PM / by Larry Julius & Bob McCurdy

The top concern of every Southwest Florida 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 SWFL 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.

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Topics restaurant, best way to advertise, retail, radio advertising, small business owner, recession, consumer spending, small business, restaurant advertising, retail sales, retail store, retailer, corona, coronavirus, covid 19

Does Social Media Work For Southwest Florida Retailers?

Mar 13, 2020 5:35:24 PM / by Larry Julius

Southwest Florida 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, 586,000 SWFL adults use Facebook, Instagram, or Twitter. This equates to 62.7% of consumers.  This reach is rather anemic compared to Fort Myers 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 Fort Myers 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. 

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Topics Reach, best way to advertise, retail, radio advertising, small business owner, twitter, social media advertising, facebook, instagram, small business, retail store, retailer, facebook advertising, engagement

Southwest Florida Mortgage Lenders and Brokers Need To Advertise Now

Mar 7, 2020 8:47:58 AM / by Larry Julius

There are 698,000 consumers in the Fort Myers-Naples area who own their own homes. 

According to Zillow, more than 60% of homeowners carry a mortgage. A record number of owners are considering refinancing  now, which means millions of dollars in fees for local lenders and brokers are up for grabs.

Why the sudden urgency for SWFL homeowners to refinance their mortgages?

According to The Federal Home Loan Mortgage Corporation (aka, Freddie Mac), "The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history."

"Meanwhile, mortgage applications increased 10 percent last week from one year ago and show no signs of slowing down. Given these strong indicators in rates and sales, as well as recent increases in new construction, it’s clear the housing market continues to be a positive force for the broader economy."

If a consumer Googles 'refinance my mortgage in Southwest Florida', more than 6.2 million results come back, So, to set themselves apart, lenders and brokers will need to advertise.  By any key metric, advertising on Fort Myers radio is the best way to reach area homeowners.

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Topics best way to advertise, radio advertising, small business owner, consumer spending, small business, financial services, financial planner, banking, real estate, mortgage, mortgage brokers, refinance, bank, home owners, home values

Small Business Advertising In Southwest Florida: Target The Spenders

Mar 3, 2020 8:56:20 PM / by Larry Julius

Southwest Florida consumers spent more than $22.7 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, 56% of retail dollars are spent by SWFL consumers over the age of 50. This may surprise many small business owners because older consumers comprise only 48% of the area's adult population.

These older consumers account for the majority 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 Fort Myers-Naples small business owners to advertise.

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

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