The growth of online shopping has been a popular headline for several years now, you can hardly look at any advertising related news sites without seeing an article with dire pronouncements about the death of brick and mortar stores. But when it comes to the holiday season, the numbers paint a very different picture.
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I left our industry conference, OAAA/Geopath #LookOut2017, a couple of weeks ago with profound excitement about where our industry is headed. All the right questions were asked as the industry is moving towards an embrace of technology, data and audience identification. These are a few of my key takeaways about where Out of Home is headed.
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This summer between Memorial Day and Labor Day, Americans will take over 600,000,000 long distance trips (TripAdvisor). Combine that with the fact that in 2015 leisure travelers in the U.S. spent over $650 billion (US Travel Association), it becomes clear that there is a strong marketing opportunity in tourist areas during the summer that is just waiting to be tapped.
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Over the last decade, advertising has exploded from a handful of media channels. At one time, TV advertising reached nearly 80% of the population in one night. Today, the dominance of TV, radio and print has become more diluted with the advent of digital marketing platforms that extend the message delivery to a tech-savvy and interconnected audience. In this constantly changing world, Out of Home is poised for a resurgence based on several key trends.
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Like many outdoor advertising companies, EMC Outdoor was launched to serve a need, driven by a mix of intuition, vision, an entrepreneur’s willingness to take a calculated risk, and simply being in the right place at the right time. 25 years later our CEO, Betsy McLarney talks about the changes in Out of Home, building an agency, and the importance of a team.
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