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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

Advertise In Southwest Florida: Who's Watching The Local TV Stations?

Dec 22, 2021 11:22:12 AM / by Larry Julius

It wasn't too long ago when advertising on Fort Myers television stations was considered the gold standard for marketing by local business owners. But over the past few years, the number of viewers reached by WINK, WBBH, WZVN, WGCU, and WFTX has plummeted. In all only 77% of adult consumers now tune-in to at least one of these channels during the week, according to Nielsen.

The consumption of video content isn't diminishing among Southwest Florida consumers. What has changed, though, is how they are watching it.

In November, according to Nielsen, the share of time watching broadcast television has fallen behind other video options including cable programing and internet-delivered choices such as Netflix, Hulu, Disney+, and hundreds of other streaming networks.

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Topics fort myers television, fort myers tv, television advertising, television, cable tv, pay-TV, direcTV, satellite tv, CTV, OTT, streaming video, avod, svod, local television, streaming TV, streaming media

SWFL Small Business Owners Guide To OTT & CTV Advertising

Dec 14, 2021 4:17:50 PM / by Larry Julius

It used to be so simple. When a small business owner wanted to advertise on Fort Myers area television, there were only a few options including, WINK, WBBH, WZVN, WGCU, and WFTX. But slowly, the number of options expanded to include cable channels provided by Xfinity, DISH, and DirecTV.

Heading in 2022, local advertisers have even more options as internet-connected devices deliver hundreds of more programming choices to Southwest Florida consumers. Collectively, this type of content is called OTT (Over-The-Top-Television) or CTV (Connected-Television). For the purpose of this discussion, OTT & CTV will be referred to singularly as streaming video.

Streaming video can be viewed on any device that can connect to the internet. This includes computers, laptops, tablets, and smartphones. Programing can also be accessed using a smart-TV, Roku Stick, Amazon Fire Stick, or a game console. In all, according to Nielsen, 95.7% of Fort Myers-Naples area households own a device capable of receiving streaming video.

In all, says Nielsen, 610,634 SWFL consumers watch streaming video content every week. Combined, these internet channels now reach more adults every week than local newspapers, podcasts, and digital audio services like Pandora, Spotify, Sirius/XM. Amazon Music, and iHeart Radio.

Surprisingly, streaming video now reaches almost as many SWFL adults as local TV and local cable.

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Topics fort myers television, online advertising, digital advertising, internet, television advertising, cable tv, pay-TV, CTV, OTT, streaming video, local television, streaming TV, streaming media, internet advertising

Ft. Myers Radio Still Reaches More SWFL Consumers Than All Other Media

Dec 10, 2021 3:38:39 PM / by Larry Julius

When WFTM-AM became Southwest Florida's first radio station in 1942, there was no Facebook, no Xfinity, no Sirius/XM, no Netflix, and no podcasts. It would be 12 years before there was even a local TV station.  Consequently, it was pretty easy for radio to become the number one reach medium among local consumers.

Over the past 80 years, Fort Myers-Naples area business owners have come to depend on the mammoth reach of radio among local shoppers to successfully market the goods and services they sell. Advertising on Fort Myers radio has helped SWFL companies to survive and thrive during world wars, natural disasters, recessions, depressions, and even a pandemic.

Heading into 2022, local consumers have more media choices than ever before. But, despite the overabundance of social media, video streaming, audio streaming, cable, and other technological marvels, Fort Myers radio is still the most used advertising medium.

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Topics Reach, pandora, streaming audio, radio advertising, fort myers radio, advertise in SWFL, sirius/xm, spotify, advertising reach, podcasts, advertising on radio, streaming media, podcasting

What Are Fort Myers Consumers Watching On TV?

Nov 18, 2021 2:43:05 PM / by Larry Julius

Every week, according to Nielsen, 943,000 adult consumers in Southwest Florida watch something on television. But, of course, the definition of what it means to watch TV has changed since the time when the number of available viewing options could be counted on the fingers of a single hand.

Today, SWFL consumers have a gargantuan number of viewing choices. This includes programs from stations like WINK, WBBH, WZVN, WGCU, and WFTX. Or maybe cable and satellite systems like Xfinity, DISH, and DirecTV. There's also content delivered over the internet from Netflix, YouTube, Hulu, Disney+, and Amazon Prime.

No longer are Fort Myers-Naples consumers tied to the 21-inch Zenith in their living rooms. Instead, TV can be watched on giant LCDs, smartphones, and tablets from any room in the house, in the backseat of their cars, or practically anywhere else.

The best way to think about TV watching in Fort Myers is in terms of three buckets:

  1. Over-the-air...including all broadcast channels
  2. Cable...including all premium and non-premium programming
  3. Internet...including all streaming services. This is also known as OTT or CTV

Here's how many Fort Myers adult viewers fall into each bucket. Remember, viewers are not limited to a single bucket.

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Topics best way to advertise, fort myers television, fort myers tv, internet, television advertising, television, cable tv, pay-TV, direcTV, satellite tv, CTV, OTT, streaming video, local television, streaming TV, streaming media, internet advertising

Who Listens To Podcasts in Southwest Florida?

Oct 11, 2021 7:30:00 AM / by Larry Julius

According to Nielsen, 212,005 Southwest Florida consumers listened to or downloaded a podcast during the past 30 days. This is 21.9% of the adult population.

A podcast is a downloadable digital audio file available to listeners on an internet-connected device like a smartphone, tablet, or computer. These files are typically part of series focusing on a particular theme such as true crime, professional football, politics, or pop culture.

Fort Myers area consumers can listen to their favorite podcasts whenever they choose using apps like Spotify, Pandora, Google, and Stitcher. The most used podcasting app, though, is Apple Podcasts.

Research from PodcastHosing.org indicates that Fort Myers area consumers can access more than 2,000,000 podcast series comprising over 48,000,000 unique episodes. According to data compiled by Edison research, the top 10 podcasts during the second quarter of 2021 were:

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Topics best way to advertise, streaming audio, fort myers radio, advertise in SWFL, online advertising, digital advertising, smart speakers, podcasts, streaming media, podcasting, internet advertising

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