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Fort Myers Radio Is The #1 Advertising-Supported Medium

Jul 7, 2022 10:04:58 AM / by Larry Julius

Local business owners have been advertising on Fort Myers radio since WFTM first signed-on in 1939.  But, back then, there were only two options for reaching a mass audience: newspapers and radio.

Today, though, advertisers have an over-abundance of marketing options both over-the-air and online. But every week, according to Nielsen, 862,392adults listen to a Fort Myers radio station, giving the 101-year-old medium, by far, the biggest reach amongst local consumers.

A new report released last week by Nielsen underscores AM/FM radio's durable reach among all media.

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Topics Reach, pandora, streaming audio, radio advertising, sirius/xm, spotify, advertising reach, reach & frequency, advertise on radio, radio listening, advertising options, apple, streaming media, amazon

Father's Day 2022: Southwest Florida Consumers Will Spend $75 Million

May 31, 2022 3:11:59 PM / by Larry Julius

Father's Day this year is on Sunday, June 19. Based on projections from the National Retail Federation (NRF), Southwest Florida shoppers are expected to spend $75.3 million on the dads in their life. This is on par with the record-breaking $75.7 million spent in 2021.

“Despite growing concerns about inflation, consumers plan to spend approximately the same amount as last year in celebration of Father’s Day,” NRF President and CEO Matthew Shay said. “Spending patterns also reflect the sentimental nature of the holiday as consumers are prioritizing unique and meaningful gifts.”

The NRF projects that nearly 60%, of all Father's Day purchases in the Ft. Myers area, will be for special outings, clothing, gift cards, and electronics. Although most category spending will be down slightly from last year, the amount of money spent on special outings such as dinner is expected to increase by over 8%.

Here is how this large pool of Father's Day cash in SWFL is expected to be distributed in all retail categories.

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Topics best way to advertise, small business advertising, small business owner, swfl small business, southwest florida small business, holiday shopping, consumer spending, small business, small business marketing, holiday advertising, consumer confidence, advertising options, father, father's day

How Much Time Do Ft. Myers Area Consumers Spend Watching Streaming TV?

Feb 17, 2022 9:57:50 AM / by Larry Julius

Every week, 611,000 Southwest Florida adults watch video programs delivered via the internet. This content goes by several interchangeable names, including OTT (Over-The-Top Television), CTV (Connected TV), and Streaming Video. For this article, we will refer to this type of content as Streaming TV.

Unlike traditional TV, cable, and satellite where the viewer needs to be in a fixed location, Fort Myers area consumers can access streaming TV anywhere using an internet-connected device. These include SmartTVs, Firesticks, Roku, smartphones, computers, laptops, tablets, and gaming consoles.

In all, according to Nielsen, 95.7% of SWFL households have one or more devices capable of connecting to streaming TV. Although this medium is still new, streaming TV now rivals legacy media in its ability to reach local consumers.

Every week, Fort Myers consumers are spending more-and-more time engaged with streaming TV.

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Topics fort myers television, online advertising, digital advertising, television advertising, CTV, OTT, streaming video, avod, svod, advertising options, streaming TV, streaming media, internet advertising

Advertising In Fort Myers During A Time Of Inflation

Jan 27, 2022 1:42:20 PM / by Larry Julius

The current high rate of inflation is tempering how much Southwest Florida business owners can spend on advertising.

According to the U.S. Census Bureau, there are approximately 31,000 small businesses in the Fort Myers area. There is one thing each of the owners of these companies has in common, whether they own a hardware store in Naples, a furniture store in Cape Coral, or a restaurant on Sanibel Island. They are all experiencing the negative consequences of inflation.

In a monthly survey conducted by the National Federation of Independent Business Owners (NFIB), inflation now ranks second as the single most important problem companies face. A year ago, inflation was barely an issue.

Inflation has not hampered the enthusiasm to spend among Fort Myers area consumers keeping retail sales hovering above pre-Covid levels. But, inflation is taking a dramatic toll on the amount of revenue business owners can keep.

According to the U.S. Chamber of Commerce, small business owners see inflation-fueled price increases in almost every cost of operation, including inventory, utilities, rent, and wages.

Because of these rising operational costs, Fort Myers business owners are looking to cut expenses where they can, including advertising expenditures. But, because there is still robust consumer demand for goods and services, these companies need to make sure that the amount they do invest in advertising has the best return possible.

By almost any marketing metric, advertising on Fort Myers radio provides the greatest return-on-investment (ROI) of any medium available to local business owners.

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Topics best way to advertise, small business advertising, radio advertising, small business owner, swfl small business, southwest florida small business, small business, advertise on a budget, small business marketing, advertising options, inflation

Online Advertising In SWFL: How Much Will Be Spent in 2022?

Jan 21, 2022 9:51:41 AM / by Larry Julius

Fort Myers-Naples area business owners are expected to spend $620 million advertising online in 2022. This, according to Borrell Associates, a company that tracks advertising expenditures across the country.

Borrell's forecast indicates that almost 50% of Southwest Florida's online expenditures will be in the form of paid search. The most recognizable type of this advertising is the paid ads that appear adjacent to the results of almost every search query on Google, Yahoo, and Bing.

Borrell's forecast also indicates that approximately 27% of online expenditures will be in the form of display advertising. This consists of traditional banner ads that appear across millions of websites and apps, including social media platforms like Facebook and Instagram. According to SmallBizGenius.net, the average SWFL area consumer is served more than 1700 of these ads per month.

Video advertising in Fort Myers is forecast to account for 23% of all online ad dollars in 2022. Like search and display, millions of websites can support this type of advertising. This includes sites, apps, and platforms like YouTube, Roku Channel, Hulu, Paramount+, and most social media sites.

The remainder of online advertising dollars is expected to be spent on audio advertising, including streaming sites like Pandora and Spotify; or email marketing campaigns.

So many Fort Myers business owners are investing a large portion of their marketing budgets into online advertising because that's where their customers are.
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Topics streaming audio, online advertising, digital advertising, streaming video, ad spending, advertising options, streaming TV, streaming media, internet advertising, search engine marketing, sem

B2B Advertising: Why Job Sites Depend On Fort Myers Radio

Sep 2, 2021 2:01:18 PM / by Larry Julius

If you were one of the 831,247 adults who tuned in to Fort Myers radio last week, then chances are excellent that you heard advertising for ZipRecruiter.  That's because the company purchased 764 advertisements to air on local stations during the month of August, according to Media Monitors.

ZipRecruiter is an online recruitment site that helps companies of every size advertise open jobs. Overall, more than 2.8 million companies have posted an opening on ZipRecruiter.com

It is no wonder that ZipRecruiter and its competitors like Indeed have been making significant advertising investments on Fort Myers radio. Finding qualified workers is one of the toughest challenges facing local business owners. According to the Bureau of Labor Statistics, the number of job openings in the U.S. has reached a record high 10.1-million jobs with just not enough candidates to fill them.

If you've heard these commercials on Fort Myers radio, then you know that ZipRecruiter is not advertising to attract job seekers to its website.  Rather, the company's goal is to convince local business owners to buy help wanted ads from them.

So, why has ZipRecruiter chosen Fort Myers radio as a business-to-business (B2B) advertising resource?  The first reason is revealed in the first line of their commercial.

"According to research," says the announcer, "82% of people remember radio ads."

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Topics b2b advertising, best way to advertise, small business advertising, radio advertising, small business owner, swfl small business, radio recruitment advertising, recruitment advertising, southwest florida small business, small business, small business marketing, business to business advertising, indeed, zip recruiter, advertising options

Who Listens To Fort Myers Radio Stations Online?

Aug 27, 2021 3:01:20 PM / by Larry Julius

Before Fort Myers radio station WFTM signed on in 1940,  local listeners were dependent on broadcasts from distant cities such as Miami and Tampa. These early stations required tall antennas and miles of buried copper cable to transmit their signals.  Most radio receivers at the time were mostly handmade and involved a piece of crystalline mineral and a wire coil.

Over many decades in Fort Myers, both the broadcasting and receiving equipment improved. In the mid-1920s this meant store-bought radios. In the 1930s this meant car radios. In the 1960s this meant transistor radios. In the 1970s this meant boom boxes. And, in the 1980s this meant Walkmen. But, despite these improvements, the fundamental technology of big towers sending a signal through the air to a radio receiver remained the same.

In 1994, there was a new way for Southwest Florida consumers to listen to the radio. That was the year local stations across the country began streaming their signals over the internet and listeners could use their computers (later their smartphones and smart speakers) as receiving devices. No big antennas, no wires, and no actual radio needed.

In 2021, according to Nielsen, Fort Myers radio reaches more local consumers than any other advertising media option.

Neilsen finds, too, that 31% of all consumers who listen to a Fort Myers radio station over-the-air will, at some point during the month, also connect to a local station via the internet. 

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Topics best way to advertise, streaming audio, radio advertising, online advertising, internet, smart speakers, advertising options

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