The Out Of Home advertising industry is enjoying an
unprecedented boom. Advertising agencies and major brands are investing large
budgets in all forms of outdoor advertising.
Even smaller companies and local
firms are using big advertising as a means of promoting themselves and
attracting more customers.
Demand for big
advertising continues
to increase and it is clear that OOH advertising has not only survived the
recession but is gaining importance. Almost everyone in the industry, from
creative agencies to large format printing firms and companies that own the
actual sites themselves, has seen a revival in this form of sales promotion
which is being used more extensively than ever before.
Ubiquitous
presence
Wherever they go, from the moment they leave their homes
consumers are surrounded by a variety of big advertising. From hoardings on
major roads and motorways to poster
advertising in shopping centres, eye-catching displays
vie for consumer attention.
Even buildings can now be used as a form of advertising
thanks to the building wrap.
Scaffolding on construction projects, facades of public buildings and
department stores have all been enveloped in PVC mesh printed with colourful
graphics and striking messages to promote a project, brand or enhance corporate
image.
Big advertising is hard to miss and impossible to
ignore!
Financial
sense
The reason why big advertising is becoming so popular is
because advertisers know it makes good financial sense. Compared to other forms of advertising,
particularly TV and national newspapers, the outlay for OOH advertising is
relatively low. With a potential
audience of hundreds of thousands the Cost Per Thousand (CPM) rates for outdoor
advertising are among the lowest in the industry.
Poster advertising also lends itself readily to
customisation so the poster message can be adapted easily for local audiences. The
production cost of hoarding advertising and posters is considerably less than that
of creating an advertising video.
Different versions of a poster can be made for different regions, each
displaying for example the address of a local branch of a national company or
the nearest retail outlet that stocks the product being promoted.
The development of digital screen advertising
has taken the ease of customisation of OOH advertising to new levels. Unlike
posters which would have to be reprinted, the image or message displayed on a
screen can be updated instantly and at little or no cost.