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Wow!! Fayetteville Millennials Turn 40 This Year

Apr 30, 2021 8:25:56 AM / by Larry Julius

There are 108,364 millennials in the Fayetteville, North Carolina area.  The oldest of them turn 40 this year. According to The Pew Research Center, millennials comprise the generation of Americans born between 1981 and 1996.

As a consumer group, millennials account for an outsized percentage of retail spending. This generation represents 31% of the Fayetteville area population but almost one-third of metro-area sales. 

All in, Fayetteville millennials are expected to ring up more than $2.9 billion in purchases during 2021.  You name it, millennials are planning to buy it.

According to Nielsen, over the next 12 months, Fayetteville millennials will show up in huge numbers at auto dealerships, furniture stores, mattress stores, appliance stores, home improvement stores, and scores of other area retailers and service providers.

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Topics Retailer, reach, roi, return on investment, millennials, retail, small business, small business owner, fayetteville small business owners, best way to advertise, millennial parents, reach & frequency, retail sales, retail stores, small business marketing, retail traffic, retail store traffic, advertising reach, small business advertising, retail spending

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

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

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