How Much Billboard Advertising Cost?
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Transcript of How Much Billboard Advertising Cost?
how much billboard advertising cost?by FitSmallBusiness.com
Acording to Lamar Advertising, one of the largest billboard companies, the cost of a bulletin billboard (14 x 18 feets) for 4 weeks are:
Location: Alburquerque, New Mexico (adult poulation 680,00)Cost per Billboad: $1,200 per billboard (rate for the purchase 7 billboards)
Location: Ann Arbor, Michigan (adult poulation 268,000)Cost per Billboad: $1,500 per billboard (rate for the purchase 3 billboards)
Location: Atlanta, Georgia (adult poulation 4,762,000)Cost per Billboad: $2,500 per billboard (rate for the purchase 7 billboards)
The annual cost would be (number of months) times (minimum number billoboards) times (cost per billboard)
ANNUAL COST?
(Find out more here)
For a big market, like Atlanta, the annual cost woul be:12 x 28 x $2,500 = $840,000For a smaller market, like Ann Arbor, the cost would be much less:12 x 3 x $1,500 = $54,000
ANNUAL COST?
(Find out more here)
The annual cost would be (number of months) times (minimum number billoboards) times (cost per billboard)
ANNUAL COST?
(Find out more here)
Are digital or rotary billboards cheaper?
Not necessarily. Billboards are priced on how many people see your advertisement and since they are generally placed on high traffic areas the cost may be higher, but they get your ads more eyeballs than a billboard on a low traffic location.
Will the size of the billboard impact the price?
Yes, but you are not paying for the size. Pricing for billboards depends on the number of locally based adults that look at the billboard. This number is called in-marked impressions.
For a very informational and useful set of definitions visit the glossary on the Traffick Audit Bureau website. Also check their Market Locator on their hompage.
What is the standar sizebillboards for sale?
BulletingThey range in size from 10’ High x 30’ Long to 14’ High x 48’ Long.
Poster / 30 Sheet PosterA medium size billboard, typically 10’5’’ High x 22’5’’ Long
Junior Poster / 8 SheetTypically around 5’ High x 11’.
Digital BillboardsThe largest ones can be 20’ x 60’. Typically a new ad will be displayed every 6 to 10 seconds.
What is the physical cost of each ad?
Depends on the material and the size. Printing an ad on vinyl for a bulleting billboard will cost around $500. Also the cost per square feet goes around $0.80 if you are using vinyl. For paper the cost will be much less, it will be from $50 to $100 per billboard.
It will be wise to budget $500 to $1,000 for graphic design.
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