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Why Audio Advertising In Fayetteville Drives Purchase Decisions

Apr 8, 2021 2:06:31 PM / by Larry Julius

Fayetteville consumers are expected to spend nearly 7% more at retail in 2021 than in 2020. This forecast is based on recently released data from the National Retail Federation.

To lay claim to a significant share of growing consumer spending, North Carolina retailers will need to advertise.

“Think you have a great product?” asks the US Small Administration. “Unfortunately, no one’s going to know about it unless you advertise.”   

“Advertising, if done correctly, can do wonders for your product sales, and you know what that means: more revenue and more success for your business."

Scientifically speaking, the fastest way a marketing message can reach the areas of a Fayetteville consumer's brain responsible for purchase decisions is through the ear.  That's why audio advertising can be far more potent than visual messaging.

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Topics Retailer, Streaming Audio, Pandora, Spotify, retail, small business, small business owner, Sirius/XM, fayetteville small business owners, best way to advertise, retail sales, retail stores, small business marketing, retail traffic, retail store traffic, small business advertising, podcasts, retail spending

Consumers Stick With Fayetteville Radio Despite Pandemic

Mar 31, 2021 3:13:20 PM / by Larry Julius

In the 1930s, when WFNC-AM became the first radio station in Fayetteville, North Carolina, many considered the medium a fad.  Even a 1937, a hit song by George Gershwin, Our Love Is Here To Stay, proclaimed radio to be a "passing fancy and in time may go".

Fayetteville radio, however, has survived the advent of talking-movies, television, eight tracks, and cassettes in stereo.  More recently, radio has withstood a tsunami of digital options including, YouTube, SiriusXM, Pandora, and Spotify.

As the Coronavirus pandemic rolls over into a second year, Fayetteville radio has hung tough and not ceded its ground despite listener's shifting lifestyles.  This is crucial news for local small business owners who depend on local stations to market their goods and services.

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Topics reach, roi, return on investment, Radio Listener Profile, best way to advertise, in-car audio, in-car listening, coronavirus, corona, covid 19, advertising reach, pandemic, radio listening, listening location, time spent listening, commuting

OTT & CTV: Who Watches Streaming Video In Fayetteville?

Mar 22, 2021 8:44:08 AM / by Larry Julius

Each week, according to Nielsen, 59.8% of Fayetteville, North Carolina consumers watch video programs that aren't delivered over-the-air by local TV stations.  They aren't coming from a local cable company or by satellite.  Instead, these programs are being streamed directly to viewers via an internet connection.

This type of streamed video content is called OTT (Over-The-Top-Television) or CTV (Connected-Television). These two terms are sometimes are often 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 Fayetteville, 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 small business, small business owner, advertise in fayetteville, fayetteville small business owners, best way to advertise, internet advetising, digital advertising, small business marketing, direcTV, small business advertising, ott, streaming video, svod, avod

Fayetteville Homeowners Plan To Spend Stimulus Cash On Improvements

Mar 15, 2021 4:39:35 PM / by Larry Julius

Fayetteville, North Carolina area residents will begin receiving economic stimulus checks  from the Internal Revenue Service as early as today.  In all, local consumers will receive more than $550 million in payments.

This infusion of cash into the Fayetteville economy was authorized by Congress last week in the American Rescue Plan legislation. 

The stimulus relief legislation calls for a one-time payment of $1,400 to single adults. Married couples who filed jointly will receive $2,800 total ($1,400 apiece). Families will get an additional $1,400 for each eligible dependent regardless of age. A family of four could get $5,600 in total payments. Like the second round of stimulus payments, the third round specifically prohibits payments to anyone who died before January 1, 2020.

Many of the stimulus dollars will end up in the wallets of 104,000 Fayetteville area homeowners. Based on research from Modernize, a leader in the home improvement and home services industry, 57% of these consumers are planning to spend all or part of their checks on home improvement projects.

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Topics roi, return on investment, best way to advertise, radio advertising, home improvement, remodeling, home owners, homeowners, contractors, stimulus checks, replacement windows, roofing

Does Anyone Listen To Fayetteville Radio At Night?

Mar 10, 2021 9:48:24 AM / by Larry Julius

Each week, according to Nielsen, more than 322,122 adult consumers tune-in to a Fayetteville, North Carolina radio station. This is significantly more than watch local TV or cable. More than stream video channels like Netflix or Hulu. More than read local newspapers. More than use Facebook or Instagram. More than listen to online audio services like Pandora and Spotify.

But almost everyone knows (including many who advertise on Fayetteville radio) that consumers only listen to local radio stations during the day. Right? Wrong!

According to Nielsen, 42% of local consumers listen to Fayetteville radio stations each week between 7:00pm and 12:00am. This is a larger audience than Pandora, Spotify, and Instagram combined reach during an entire week.

For Fayetteville small business owners, radio's immense nighttime audience offers a unique value proposition.

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Topics small business, time of day, prime time, small business owner, fayetteville small business owners, effective radio advertising, effective advertising, small business marketing, advertise on radio, small business advertising, advertise on fayetteville radio, nighttime

Grab A Larger Share Of Fayetteville's Accelerating Retail Spending

Mar 4, 2021 5:08:49 PM / by Larry Julius

Fayetteville, North Carolina area consumers are expected to spend upward of $5.9-billion at retail in 2021. This would be, at minimum, a 6.5% jump over 2020. The forecast is based on newly released estimates by the National Retail Federation.

“Despite the continuing health and economic challenges COVID-19 presents, we are very optimistic that healthy consumer fundamentals, pent-up demand and widespread distribution of the vaccine will generate increased economic growth, retail sales and consumer spending,” NRF President and CEO Matthew Shay said.

“From the outset of the pandemic, retailers have gone above and beyond even the most conservative safety guidelines to protect and serve their associates and consumers alike."

To capture the largest possible share of spending growth, local retailers will need to advertise. By the most crucial marketing metrics, the best best way to reach consumers is by advertising on Fayetteville radio.

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Topics Retailer, retail, small business, Website Traffic, small business owner, fayetteville small business owners, consumer spending, radio advertising, retail sales, retail stores, small business marketing, web traffic, website visitors, retail traffic, retail store traffic, small business advertising, online shopping, retail spending

Advertise in Fayetteville: How Local Consumers Use The Internet?

Feb 26, 2021 8:43:28 AM / by Larry Julius

Fayetteville, North Carolina area business owners are expected to invest $65-million during 2021 to advertise to consumers connected to the internet. This forecast was produced by Borrell Associates, a company that tracks business advertising expenditures across the country.

These online marketing dollars will be spent on banner advertising, search engine marketing, email, as well as audio and video advertising. This is all to capture the attention of shoppers and buyers as they go about their connected days.

According to Nielsen, 94% of adult consumers in the Fayetteville area have access to the internet. They connect, primarily, with desktop and laptop computers; smartphones; or tablets.

Ninety-four percent of Fayetteville adults spend at least one hour per week online, with most spending at least 10 hours connected.

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Topics small business, internet traffic, small business owner, advertise in fayetteville, fayetteville small business owners, internet advetising, internet advertising, digital advertising, facebook, social media, instagram, online advertising, social media advertising, facebook advertising, small business marketing, small business advertising, ott, ctv, svod, avod, online shopping

5 Key Advertising Stats Fayetteville Small Business Owners Should Know

Feb 23, 2021 8:46:51 AM / by Larry Julius

Since 1921, advertising on Fayetteville, radio has helped North Carolina small business owners survive and thrive during times of peril. This includes world wars, natural disasters, depressions, and recessions.

Even during a pandemic, by almost every key marketing metric, radio advertising remains the best way for a Fayetteville business to market its goods and services.

To prove the point, here are five statistics that vividly demonstrate the value of advertising on Fayetteville radio.

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Topics Retailer, reach, roi, return on investment, retail, Website Traffic, best way to advertise, radio commercials, in-car audio, in-car listening, retail sales, retail stores, web traffic, website visitors, retail traffic, retail store traffic, listening location, advertise on fayetteville radio, online shopping

Advertising In Fayetteville: Reaching Female Consumers

Feb 10, 2021 5:20:17 PM / by Larry Julius

There are 179,200 adult women in the Fayetteville, North Carolina area. Based on research from the Harvard Business Review, as a consumer group, females account for 70-80 percent of all consumer purchasing through a combination of their buying power and influence.  According to Nielsen, this will amount to between $6.1 billion and $6.9 billion this year.

Overall, according to the Bureau of Labor Statistics and the US Census Bureau:

  • Single women across all income brackets spend, on average, $34,817 on goods and service
  • Working married women contribute over a third of their families’ incomes
  • Over a quarter (29.4%) of wives earned more than their husbands in 2018, an increase from 15.9% in 1981.

Furthermore, according to research published by Forbes:

  • The top homebuyers after married couples are single women (18%, double the percentage for single men at 9%).
  • Women are 50% more likely than men to regularly watch online how-to videos.
  • 94% of women between the ages of 15-35 spend over an hour per day shopping online.
  • 70% of travel consumers are women.
  • 85% of women say that if they like a brand, they will remain loyal to it.

For Fayetteville small business owners to successfully capture a meaningful share of the local female economy requires advertising.

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Topics small business, small business owner, fayetteville small business owners, best way to advertise, Working Mothers, marketing to women, single women, small business marketing, advertise on radio, small business advertising, advertise on fayetteville radio, advertise to women

How Smart Speakers Affect Advertising On Fayetteville Radio

Feb 4, 2021 3:05:09 PM / by Larry Julius

Fayetteville, North Carolina's first radio station, WFNC-AM, began broadcasting in 1939.  The process of getting the station's programming from the studio into the home of local listeners required tall-transmitting towers with miles of underground copper wire in the middle of massive fields.

For the next 54 years, this massive investment in real estate, steel, and cooper was the only method of delivering a radio advertiser's message into the ears of Fayetteville consumers.

In 1993, however, new technology permitted Fayetteville radio stations to augment the reach of their tall towers by simultaneously streaming its over-the-air programming via the internet. This provided local consumers with the choice of listening to their favorite stations on their car radios, clock radios, and boom boxes or on an internet connected devices like computers, smartphones, or tablets.

Today, based on estimates from Edison Research, 11% of listening to local radio stations occurs on a streaming media device.  The ability for AM/FM to migrate from their tall towers to internet streaming allows Fayetteville radio to reach more local consumers every week than all other media.

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Topics Streaming Audio, small business, small business owner, fayetteville small business owners, best way to advertise, siri, alexa, smart speakers, amazon echo, google home, small business marketing, advertise on radio, small business advertising

Fayetteville Radio: Which Stations Do Local Consumers Prefer?

Jan 26, 2021 12:25:16 PM / by Larry Julius

There are 24 radio stations serving Fayetteville, North Carolina. Each provides a unique format of news, sports, music, entertainment, and inspiration. Some stations broadcast in English. Others serve Spanish speakers. Some stations cater to millennials. Others appeal to Baby Boomers.  No doubt, there is a local radio station that fulfills the preferences of every listener.

Each week, according to Nielsen, 332,122 adults tune-in to their favorite Fayetteville radio stations. This is more people than watch local TV, cable, or streaming channels. This is more than use Facebook and Instagram. This is more than read newspapers or connect to Pandora and Spotify. 

Despite the abundance of Fayetteville radio stations to choose between, Nielsen reports that, on average, adult consumers only listen to 2.2 each week.  So, which stations do local consumers choose?

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Topics Streaming Audio, Radio Listener Profile, radio commercials, in-car audio, in-car listening, radio advertising, smart speakers, radio listening, listening location, radio formats

Advertising In Fayetteville: Drivers Turn Up The Radio

Jan 21, 2021 8:13:37 AM / by Larry Julius

Local radio came to North Carolina on March 18, 1922. That's when the Federal Radio Commission granted a license to the Southern Radio Corporation with the randomly assigned call sign, WBT.

From that day, many predicted radio's success would succumb to advances from new technologies. In 1927, the challenge came from talking movies. In the 1940s, the predators were 13-inch TV sets. In the 1970s, it was 8-track and cassette tapes. In the past 20 years, there was a multi-flank attack from iPods, Zunes, YouTube, Sirius, XM, Pandora, Spotify,

So far, all of these challengers have failed. Not even a pandemic has been able to remove radio as a vital force in the life of Fayetteville consumers.

Every week, according to Nielsen, more adults tune-in to Fayetteville radio than watch TV or cable. Use social media platforms like Facebook or Instagram. Read newspapers. Or, stream music from Pandora or Spotify.

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Topics top of mind awareness, small business, point of purchase, small business owner, fayetteville small business owners, best way to advertise, in-car audio, in-car listening, small business marketing, advertise on radio, vehicle traffic, small business advertising, radio listening, advertise on fayetteville radio, mobility

Is Twitter Advertising Right For Fayetteville Small Business Owners?

Jan 12, 2021 4:06:39 PM / by Larry Julius

How important is Twitter to Fayetteville area consumers? Yesterday, for instance, the social media platform was mentioned in at least ten articles published by the Fayetteville Observer yesterday.  Almost every local TV newscast included references to the site as well.

Twitter's outsized presence in the news, however, is enormously disproportional to the importance of the micro-blogging app in the life of Fayetteville's consumers.

According to Nielsen, only about 16% of adults in Fayetteville use Twitter during the course of a month. This is minuscule compared to other social media platforms like Instagram and Facebook.

Twitter offers 20 different options that North Carolina small business owners can utilize to market their goods and services to local consumers.  The platform's minimal reach, however, can hamper the success of any advertising campaign.

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Topics small business, small business owner, fayetteville small business owners, best way to advertise, facebook, twitter, social media, instagram, social media advertising, radio advertising, facebook advertising, small business marketing, small business advertising

Small Business Advice: 5 Facts About Advertising On Fayetteville Radio

Dec 18, 2020 12:46:25 PM / by Larry Julius

The first radio station in Fayetteville, WFNC, was granted a license from the Federal Radio Commission in 1939. The owner was Wall Christian Ewing who, at the time, also owned a wholesale fertilizer business in the city. He had also been the Chairman of the Cumberland County Democratic Party. and had spent time serving in the North Carolina legislature.

For almost 80 years, North Carolina business owners have depended on local radio stations to successfully market their goods and services through depressions, recessions, wars, and natural disasters. Even now, during a pandemic, advertising on Fayetteville radio remains a dependable way to make cash registers ring.

Here are five facts every Fayetteville small business owner needs to know about local radio in 2020.

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Topics small business, small business owner, fayetteville small business owners, best way to advertise, effective radio advertising, radio advertising, small business marketing, small business advertising, radio history, time spent listening, advertise on fayetteville radio, online shopping, education

Online Advertising In Fayetteville: How Much Do Local Companies Spend?

Dec 15, 2020 2:39:55 PM / by Larry Julius

Ninety-four percent of Fayetteville adults have access to the internet, according to Nielsen. Almost 60% of these consumers spend more than five hours a week connected.

Nielsen reports that Fayetteville consumers go online to stay connected to friends and family; research products and services; learn the latest news, and obtain directions to where they are going and know what the weather will be when they get there.  

Here are some of the many reasons why Fayetteville internet users go online each month

  • Social Media: 72%
  • Weather: 46%
  • Maps/Directions: 43%
  • Online Banking: 35%
  • Product Reviews: 29%
  • Sports Scores/News: 22%
  • Current Events: 22%
  • Restaurant Reviews:19%
  • Job Search: 17%
  • Real Estate: 12%

And, of course, there is shopping.  Over the past three months, according to Nielsen, 71.8% of Fayetteville consumers shopped online for every imaginable product and service including, cars, golf clubs, office supplies, wedding rings, mattresses, tires, medicine, shoes, socks, and eyeglasses.

To reach local consumers while they are online, Fayetteville businesses will spend $65 million for digital advertising in 2020, according to Borrell Associates.  Here is how the money is being spent:

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Topics small business, small business owner, fayetteville small business owners, social media, online advertising, social media advertising, radio advertising, small business marketing, borrell associates, e-commerce, small business advertising, ott, ctv, email marketing, email advertising, online shopping

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