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Advertising In Fayetteville: Mother's Day Spending Will Set Record

Apr 30, 2023 11:50:29 AM / by Larry Julius

Mother's Day is On May 14th this year. According to per capita data from The National Retail Federation, 285,1012 adult consumers in the Fayetteville, North Carolina area plan to celebrate the occasion.

Between now and that special Sunday in May, the NRF expects a record $58.7 million to be spent in Fayetteville to honor all the different moms in consumers' lives. Of those celebrating Mother’s Day, most (57%) are purchasing gifts for a mother or stepmother, followed by a wife (23%) or daughter (12%).

Comparatively speaking, Fayetteville area consumers will spend 12.6% more to celebrate Monther's Day this year than they did in 2022, which was also a record year.

“Mother’s Day provides Americans with an opportunity to honor important women in their lives,” NRF President and CEO Matthew Shay said. “As people make plans to celebrate this year, retailers are prepared to help shoppers find gifts of appreciation and admiration for those they want to recognize on this special day.”

Almost half of all Mother's Day spending in the Fayetteville area will fall into three categories:

  1. Jewelry: $12,821,372
  2. Special Outing: $9,205,088
  3. Electronics: $6,575,063

The other half of Mother's Day spending includes purchases of gift cards, clothing, flowers, personal services, housewares, books, and greeting cards.

The challenge for Fayetteville area retailers, however, is keeping a significant share of these Mother's Day dollars in local cash registers and out of the coffers of online sellers and department stores. Right now, according to the NRF, those two retail channels will gobble up almost 68% of all spending.

To earn a larger share of Mother's Day spending, local small business owners will need to advertise to convince Fayetteville consumers of the benefits of buying from local companies.  By almost every marketing metric, the best way to advertise is on Fayetteville radio.

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Topics Retailer, reach, roi, return on investment, retail, best way to advertise, Working Mothers, holiday shopping, mother's day, reach & frequency, retail sales, retail stores, retail traffic, retail store traffic, advertising reach, holiday advertising, retail spending, advertising return on invesment, advertising return on investment, advertising roi

Top Priority For Fayetteville Small Business Owners: Fill Open Jobs

Jan 21, 2023 1:16:12 PM / by Larry Julius

8,690 Fayetteville, North Carolina area companies fit the description of being a small business, according to the US Census Bureau.  A recent survey by the National Federation of Independent Business Owners found that after inflation, the most critical problem facing these businesses is the inability to recruit and retain quality employees.

Right now, says the Federal Reserve,  unfilled jobs remain near an all-time with 1.7 openings per unemployed person.  As a result, only one person is being hired per every four job openings.  To put this dismal hire-to-opening ratio in perspective, ten years ago, there was one hire per every job opening.

Compounding the recruitment woes of Fayetteville's small business owners is the very stubborn quit rate.  According to the Federal Reserve, for every ten hires made, seven current employees quit. 

Although the labor crunch affects Fayetteville business owners of every size, nearly half of all job vacancies are at companies with fewer than 50 employees.

So what is the best way for local small business owners to attract qualified candidates to fill open jobs?  Most metrics indicate that advertising on Fayetteville radio may be the optimal choice.

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Topics recruitment advertising, help wanted, Working Mothers, white collar, blue collar, online job boards, job boards, work from home, active job seekers, passive job seekers, ziprecruiter, radio recruitment advertising

Mother's Day Spending In Fayetteville Will Top $43.7 Million In 2022

Apr 22, 2022 1:53:39 PM / by Larry Julius

Eighty-four percent of all adults say they will celebrate Mother's Day in 2022. Based on per capita forecasts from the National Retail Federation (NRF), Fayetteville, North Carolina consumers are expected to spend $43.7 million on the moms in their lives. This is a 13% increase over last year.

“Consumers are eager to find memorable ways to honor their mothers and other important women in their lives and are willing to spend a little extra on this sentimental holiday,” said NRF President and CEO Matthew Shay.

The NRF spending projections indicate that Fayetteville consumers will spend $9.6 million on jewelry and another $7.2 million on special outings such as dinner or brunch. This will be the highest level of Mother's Day spending ever in these categories.

Here is how this large pool of Mother's Day cash in Fayetteville is expected to be distributed by all retail categories.

The NRF research indicates that men will outspend women 3-to-1 this year on Mother's Day gifts. Most of these dollars will go towards presents for their moms, stepmoms, and wives.

Of all the money spent, Fayetteville consumers are expected to spend 36% online, 30% at department stores, 27% at specialty stores, and 23% at local small businesses.

To compete for a share of record-high Mother's Day spending this year, local business owners will need to advertise. By most key marketing metrics, the best way to reach holiday shoppers is by advertising on Fayetteville radio.

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Topics Retailer, roi, return on investment, retail, best way to advertise, Working Mothers, holiday shopping, radio advertising, mother's day, retail sales, retail stores, retail traffic, retail store traffic, holiday advertising, retail spending, advertising return on invesment, advertising return on investment, advertising roi

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

Fayetteville Retailers Expect Sweet Halloween In 2020

Sep 22, 2020 12:49:20 PM / by Larry Julius

Fayetteville area consumers are expected to spend $11.7 million on Halloween related activities in 2020, according to information from the National Retail Federation.  This would be a slight 2.3% decrease from 2019. This is proof of the holiday's strong resistance to the pressures of a pandemic economy.

Based on data from the NRF's annual survey conducted by Prosper Insights & Analytics, more than 203,000 Fayetteville adults plan to participate in Halloween-related activities. Among those celebrants, safe at-home activities ranked highest: 53 percent plan to decorate their homes, 46 percent plan to carve a pumpkin, and 18 percent will dress up their pet.

“Consumers continue to place importance on celebrating our traditional holidays, even if by untraditional standards,” NRF President and CEO Matthew Shay said. “Retailers are prepared to meet the increased demand for seasonal décor, costumes, and other items that allow families the opportunity to observe Halloween safely.”

To earn a large share of Halloween spending in 2020, Fayetteville small business owner will need to advertise to let consumers know their stores are open, stocked, and ready. By any metric, advertising on Fayetteville radio is the best way to reach holiday shoppers.

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Topics Retailer, retail, small business, small business owner, fayetteville small business owners, Working Mothers, halloween, holiday shopping, children, millennial parents, retail sales, retail stores, small business marketing, retail traffic, retail store traffic, small business advertising, holiday advertising

What Is The Best Way To Advertise To Mothers In Fayetteville?

Jun 28, 2019 3:15:00 PM / by Larry Julius

Advertising on Fayetteville radio stations is the best way for North Carolina small business owners to reach the lucrative, local mother market.  Here's why.

Fayetteville consumers will spend $7.1 billion over the next 12 months. Forbes magazine reports that it is moms who control 85% of all household purchases. In Cumberland and Robeson Counties there are more than 87,000 women with children under the age of 17 at home.

Fayetteville small business owners need to pay special attention to these mothers and their wallets.

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Topics reach, small business, Research, small business owner, advertise in fayetteville, fayetteville radio stations, fayetteville consumers, fayetteville television, fayetteville TV, fayetteville small business owners, best way to advertise, business owners, radio commercials, Working Mothers, advertising in fayetteville, effective radio advertising

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