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SWFL New Car Buyers Agree: Put AM/FM Radio In My Dashboard

Nov 11, 2021 4:34:15 PM / by Larry Julius

In 2020, there were 62,672 new cars and trucks registered in the Fort Myers metro area. This number is based on projections from the National Auto Dealers Associaton (NADA) and the U.S. Census bureau.

In all, says NADA, there are 878 new-car dealerships in Florida. Despite the pandemic, these dealers, including those in the Fort Myers area, sold $83 billion worth of new vehicles.

Through June of this year, these same dealers have already rung up $51.8 billion in new car sales.

When it comes to buying new vehicles, Southwest Florida consumers have a broad range of preferences. Some buyers want Fords while others want Chevrolets, Toyotas, or Teslas.  Some buyers want pick-up trucks, while others want sub-compacts, SUVs, or sports cars. Of course, some want blue vehicles, while others want pearl white, orchard green, or redolent red.

There is one purchase criterion, however, that most SWFL car buyers can agree on. They want an AM/FM radio smack-dab, in the middle of their dash.

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SWFL Small Business Update: Auto Parts Sales Accelerate

Sep 18, 2020 2:40:49 PM / by Larry Julius

There are more than 761,000 vehicles registered in Southwest Florida. Many need new windshield wipers, shocks, struts, brakes, air filters, ignition coils, and the hundreds of other items that fill the shelves of local auto part dealers.

Despite the pandemic induced slowdown, business at auto parts stores has grown nearly 13% since February, according to the US Census Bureau.

This explosive growth in auto parts sales directly relates to the  average age of cars on Fort Myers-Naples area roads.

"Per the latest study from IHS Markit, the current combined average age of vehicles has hit a record of 11.9 years," Rimmi Singhi wrote this week on NASDAQ.com. "The aging vehicles are a boon to auto parts, replacement, and repair companies. In a bid to ensure long-term functioning of the aging vehicle population, customers are making investments to replace faulty vehicle parts and components."

Also contributing to the rapid aging of cars on the road is the current demand for used versus new vehicles. According to the Bureau of Economic Analysis, the personal consumption expenditures (PCE) for used cars is 25% higher in August than it was during the same month last year.

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Topics auto, best way to advertise, automotive, retail, small business advertising, radio advertising, small business owner, swfl small business, southwest florida small business, small business, used cars, used vehicles, retail sales, retail store, retailer, advertise on radio, small business marketing, Advertise on Fort Myers Radio, used trucks, auto parts

Fort Myers Radio Listeners Will Power The Post-Pandemic Recovery

Jun 10, 2020 3:49:57 PM / by Larry Julius

At the dawn of 2020, Southwest Florida small business owners were expecting the area's retail economy to expand by 4.1%. This optimism was stoked by the National Retail Federation's chief economist who said, "Consumers remain upbeat and have the confidence to spend, and the steady wage growth that has come with the strong job market is fueling their spending. The state of the consumer is very healthy."

By February, however, the country entered into a COVID-19 induced recession. Then, to slow the spread of the pandemic, on April 3, the Governor of Florida locked the state down. This brought the SWFL area's $22.5 billion retail economy to a standstill.

As stores, restaurants, and offices in the Fort Myers-Naples area begin to re-open, consumers' appetite for spending is returning. According to Nielsen, loyal radio listeners are very likely to be first in line at the cash registers.

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Topics best way to advertise, automotive, retail, small business advertising, radio advertising, small business owner, consumer spending, small business, retail sales, retail store, retailer, corona, coronavirus, covid 19, crisis marketing, recovery, reopen

SWFL Small Business Sets Sales Records. Credits Radio Advertising.

Mar 28, 2019 7:11:57 AM / by Larry Julius

Aaron Walker is the owner of Naples Nissan. "Last year," he says, "we had the biggest sales year in the history of the store. Advertising on Fort Myers radio was a key driver of our success."

Naples Nissan had been a fixture in Southwest Florida for many years before Mr. Walker took over four years ago. "The previous owner," he explains, "had been selling, on average, 110 new and used vehicles a month. Because of the way we consistently market our dealership on the radio, we now sell 300 cars per month."

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Topics automotive, car dealership

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