Based on projections from the National Retail Federation (NRF), Fayetteville, North Carolina consumers are on track to spend $6.2-billion with retailers by the end of this year. This would be 13.5% higher than was spent in 2020.
To earn a significant share of these retail dollars, Fayetteville area business owners are expected to spend $108-million to advertise by year's end, according to Borrell Associates. This company tracks advertising expenditures in local markets across the U.S.
To ensure they are spending their advertising and marketing dollars wisely, many Fayetteville business owners research how to best target prospective customers by using local media. An exceptional resource for local business owners to investigate the media habits of localconsumers is on the advice section of AdvertiseInFayetteville.com.
Here are the top five most-read articles on the site in 2021:
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There is good news for Fayetteville retailers and restaurants.
As a result of the pandemic, one-third of consumers indicate they will pay a premium for local brands and products, according to a recent study by Ernst & Young
However, before consumers will buy from a local business in Raeford, Lumberton, Spring Lake, or any town in-between, they must know they can do so without risking their health.
Advertising is the only practical way to let Fayetteville area shoppers and diners know about the precautions and practices your small business has taken to reduce potential health threats.
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The top concern of every Fayetteville small business owner is the health and safety of their families and employees. Local information and breaking news regarding the Coronavirus is available by clicking here.
Of course, a secondary concern is tending to the health of their business amid an overabundance of social and financial disruptions.
There is one prescription that helped many Fayetteville area businesses survive the Great Depression of 1929, the economic crash of 2009, and every recession in between. The Rx for keeping a business healthy during chaotic times is to continue advertising.
The best example of how advertising can fend off tough times was shared by The New Yorker magazine financial columnist James Surowiecki.
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small business,
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Fayetteville consumers cannot get enough pizza.
In 2012, there were just 135 local pizza restaurants. Today, however, that number has grown to 146. In 2019, these establishments racked up $68,640,726 in total sales.
Fifty-nine percent of pizza sales in the Fayetteville area are rung-up by one of the top-50 chains like Domino's or Pizza Hut. The remaining 41% of revenue is controlled by independent, small business owners.
To compete for a larger share of the pizza pie in Fayetteville requires local restaurant owners to bring in new customers. A proven way to accomplish this is with advertising.
The US Small Business Administration recommends that every Fayetteville area small business advertise consistently.
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Streaming Audio,
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Currently, according to the Oxford English Dictionary, there are 171,476 words in the English language. A handful of these words, Fayetteville small business owners can't use in their radio commercials. The Supreme Court of the United States says so.
Of all the words that can be used in broadcast advertising, however, there is one word that should be shunned: 'get' and all of its nasty derivative forms including 'got' and 'gotten'. Here's why.
The typical 60-second commercial on Fayetteville radio consists of 160 words. Depending on the station, each word in that ad could cost around $1.00. It is important, then, that each word is carefully selected to engage listeners and then compel them to action. This is especially crucial when using verbs.
"One of the best ways of grabbing and keeping an audience is to use strong, descriptive verbs," says the Writing Center at the University of Houston. 'Get' is not that kind of verb.
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This year, Fayetteville area consumers will spend $546 million in local restaurants and drinking establishments. There are hundreds of restaurants in Cumberland and Robeson counties hungry for a bite of that cash.
Unfortunately, many of the restaurants that are here today will be gone tomorrow. According to FSR, a trade magazine for the restaurant industry, 60% of restaurants fail within their first year. Eighty percent never make it to their fifth anniversary.
CBI Insights studies why small business owners, such as local restaurants, fail. Reason number eight is poor marketing and advertising. Good food and friendly service are not enough to make a cash register ring.
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