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Advertise In Fort Myers: Shoppers' Needs Are Changing...Again!

Sep 29, 2020 8:11:49 AM / by Larry Julius

There are over 956,000 adult consumers in the Fort Myers area. Collectively, in a typical year, these shoppers would generate $22.7 billion in retail sales. This money would be spent on cars, shoes, fast-food, entertainment, groceries, mattresses, adult beverages, haircuts, makeup, and an over-abundance of other of goods and services. Their money was being spent on both the essential and the frivolous. 

The way Fort Myers consumers spend money changed radically in March as COVID-19 began to spread. Six months into the pandemic, shopping strategies are about to change again.

It started with panic buying. Consumers began ignoring prices and were paying what was ever necessary to ensure the safety, health, and comfort of their families.  According to Nielsen, this sudden spike in demand caused widespread price increases. To put it in perspective, retail prices shot-up in 64% of all product categories stocked in grocery stores.

Almost immediately, advertising messages from local retailers shifted from promises of low prices and convenience to product availability and shopper safety.

Based on new research from Nielsen, consumers' shopping strategies are beginning to shift again. This will require Fort Myers small business owners and retailers to also change their advertising strategies, too.

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Topics roi, retail, small business advertising, small business owner, swfl small business, southwest florida small business, return on investment, small business, retail sales, retail store, retailer, corona, coronavirus, covid 19, small business marketing, business to business advertising

B2B Advertising In Southwest Florida: Reaching The Decision Makers

Aug 27, 2020 8:42:59 AM / by Larry Julius

New data from the US Census Bureau has optimistic news for Southwest Florida companies that sell business-to-business.

There are approximately 26,300 businesses in the Fort Myers-Naples area, according to the Census Bureau. Indeed, many of these businesses have suffered since the onset of the Coronavirus, especially in April.

Census information is now showing positive indicators that the fortunes of area companies are improving. This includes those with 500 or fewer employees. These small businesses account for 95% of all area firms.

During the week of April 26, 36% of Florida small businesses reported temporary closures.  By July 1, the number dropped to 17%

Also, during that same week, 74% of small business owners were reporting decreases in revenue versus the prior week.  By the end of June, that number fell by nearly half.

In both June and July of this year, national data shows all retail and food services spending significantly outperformed the prior year by between two and three percent.

As the business climate improves in the Fort Myers-Naples area, the fortunes of B2B companies will accelerate as well. These include those businesses that sell office supplies, restaurant supplies, cleaning services, legal services, accounting services, transportation services, banking services, technology, and commercial real estate.

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Topics roi, b2b advertising, best way to advertise, small business advertising, fort myers radio, small business owner, swfl small business, southwest florida small business, return on investment, small business, small business marketing, business to business advertising, Advertise on Fort Myers Radio

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