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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

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

Streaming Video Terms For SWFL Small Business Owners

Sep 21, 2021 9:52:39 AM / by Larry Julius

Southwest Florida business owners are expected to spend $86,147,000 on streaming video advertising in 2021, according to Borrell Associates, a company that tracks online marketing expenditures across the country. This spending will be 26.3% higher than in 2020.

Streaming video advertising expenditures are accelerating as Fort Myers consumers continue to abandon shows on local TV stations and cable systems in favor of programming streamed via an internet connection. These online channels include Netflix, Hulu, Prime, Disney+, Paramount+, Peacock, Prime Video, Roku Channel, SlingTV, PlutoTV, and dozens more.

This type of streamed video content is known collectively as OTT (Over-The-Top-Television) or CTV (Connected-Television). These two terms are sometimes used interchangeably but do have a subtle difference.

OTT generally means the video is watched on a small device like a computer, tablet, or smartphone.  CTV, on the other hand, typically means the content is viewed on a smart-TV or a regular television using a streaming device like a Roku or Amazon stick.

In the Fort Myers-Naples area, according to Nielsen, OTT/CTV has exceeded the weekly reach of local newspapers and streaming audio services such as Pandora and Spotify. The medium is rapidly approaching the reach of local cable and broadcast TV stations.

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Topics fort myers television, online advertising, digital advertising, internet, television advertising, television, cable tv, direcTV, OTT, streaming video, local television, streaming TV

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