Boston_brands_HORIZONTAL_COLOR_v2_Revised
 

Boston Retailers Expect Sweet Halloween In 2020

Sep 21, 2020 9:13:50 AM / by Larry Julius

Boston area consumers are expected to spend $134 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 2.3 million Boston 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, Boston small business owner will need to advertise to let consumers know their stores are open, stocked, and ready. By any metric, advertising on Boston radio is the best way to reach holiday shoppers.

Read More

0 Comments Click here to read/write comments

Topics small business owner, small business marketing, small business, working mothers, small business advertising, market to parents, parents, children, millennial parents, halloween advertising, holiday advertising

Boston Small Business Update: Auto Parts Sales Accelerate

Sep 18, 2020 7:52:00 AM / by Larry Julius

There are more than 3,000,000 vehicles registered in the Boston area. Many need new windshield wipers, shocks, struts, brakes, air filters, ignition coils, and the hundreds of other items that fill the shelves of local auto part dealers.

Despite the pandemic induced slowdown, business at auto parts stores has grown nearly 13% since February, according to the US Census Bureau.

This explosive growth in auto parts sales directly relates to the  average age of cars on Boston's roads.

"Per the latest study from IHS Markit, the current combined average age of vehicles has hit a record of 11.9 years," Rimmi Singhi wrote this week on NASDAQ.com. "The aging vehicles are a boon to auto parts, replacement, and repair companies. In a bid to ensure long-term functioning of the aging vehicle population, customers are making investments to replace faulty vehicle parts and components."

Also contributing to the rapid aging of cars on the road is the current demand for used versus new vehicles. According to the Bureau of Economic Analysis, the personal consumption expenditures (PCE) for used cars is 25% higher in August than it was during the same month last year.

Read More

0 Comments Click here to read/write comments

Topics retail, best way to advertise, radio advertising, small business owner, small business marketing, small business, small business advertising, used cars, automotive, used trucks, used vehicles, retail sales, retailer, retail store, car repair, auto parts

Advertising In Boston: OTT & CTV Viewing Soars

Sep 4, 2020 1:40:25 PM / by Larry Julius

Advertising on Boston television and cable is becoming less attractive to local business owners as viewers rapidly defect to alternative video entertainment sources including, Netflix, YouTube, Hulu, Amazon and Disney+.

Collectively these streaming services are referred to as Over-The-Top Television (OTT) and Connected-TV (CTV). Viewers can only access this OTT and CTV content via smartphone, tablets, computers, smart-TVs, Amazon Fire Sticks, and Roku Sticks, Nielsen reports that 94.3% of Boston adults own at least one these devices. Furthermore, they are using them.

According to Nielsen, OTT and CTV networks now reach 43.4% of all Boston consumers every week.

Read More

0 Comments Click here to read/write comments

Topics best way to advertise, small business owner, small business marketing, television advertising, small business, advertise on radio, small business advertising, television, PAY-TV, Cable TV, advertise on boston radio, ott, ctv, streaming video

B2B Advertising In Boston: Reaching The Decision Makers

Aug 27, 2020 7:09:00 AM / by Larry Julius

New data from the US Census Bureau has optimistic news for Boston companies that sell business-to-business.

There are approximately 122,000 businesses in the Boston area, according to the Census Bureau. Indeed, many of these businesses have suffered since the onset of the Coronavirus, especially in April.

Current census now indicates the fortunes of area companies are improving. This includes those companies with 500 or fewer employees. These small businesses account for 94% of all Boston area firms.

During the week of April 26, 45.6% of Boston area small businesses reported temporary closures.  By July 1, the number dropped to 20.8%

Also, during that same week, 77% of Boston small business owners were reporting decreases in revenue versus the prior week.  By the end of June, that number fell by half.

In both June and July of this year, national data shows all retail and food services spending significantly outperformed the prior year by between two and three percent.

As the business climate improves in the Boston area, the fortunes of B2B companies will accelerate as well. These include those businesses that sell office supplies, restaurant supplies, cleaning services, legal services, accounting services, transportation services, banking services, technology, and commercial real estate.

Read More

0 Comments Click here to read/write comments

Topics boston radio, best way to advertise, radio advertising, roi, small business owner, small business marketing, small business, B2B advertising, business-to-business, advertise on radio, small business advertising, return on investment, advertise on boston radio

What Is The Best Way To Reach Boston's 4 Million Consumers?

Aug 17, 2020 10:05:32 AM / by Larry Julius

Despite all of the media options available for small business owners to market their goods and services, advertising on Boston radio is still the best way to reach local consumers.

Adult consumers are spending 741 minutes per day consuming electronic media, according to a new study by Nielsen.  This is 7.8% more time than they spent last year and 11.2% more than in 2018.

The typical daily media diet consists of radio, live TV, time-shifted TV, DVD/Blue-ray devices, game consoles, internet-connected devices, as well as internet via computers, smartphone apps, and tablet apps.

According to Nielsen, despite all of these media options, local radio reaches the most consumers every week.

Read More

0 Comments Click here to read/write comments

Topics retail, best way to advertise, reach, radio advertising, advertising reach, small business owner, small business marketing, small business, effective advertising, advertise on radio, small business advertising, reach & frequency, retail sales, retailer, retail store

What Boston Consumers Need To Know Now About Your Small Business

Aug 12, 2020 6:51:05 AM / by Larry Julius

There is good news for Boston 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 Quincy, Newburyport, Framingham, or any town in-between, they must know they can do so without risking their health.

Advertising is the only practical way to let local shoppers and diners know about the precautions and practices your small business has taken to reduce potential health threats.

Read More

0 Comments Click here to read/write comments

Topics retail, best way to advertise, small business owner, small business marketing, small business, effective advertising, writing a commercial, small business advertising, retail sales, retailer, retail store, corona, covid 19, coronavirus, commercial length, radio commercials

Advertising In Boston: Radio Listening Unchanged From Year Ago

Aug 7, 2020 9:58:28 AM / by Larry Julius

During July, Boston's 3,142,800 adult radio-listeners spent two hours per day listening to their favorite stations, according to Nielsen. Although local consumers had spent fewer minutes listening at the onset of the pandemic, the current time tuned-in remains unchanged compared to a year ago.

Some advertising experts had predicted that as consumers spent more time at home because of COVID-19 concerns, the hours devoted to radio listening would decrease. That, however, was not the case.

In July of 2019, according to Nielsen, 34.3% of radio listening occurred at home. During July of this year, in-home listening jumped to 42.6%. Despite the reduction in out-of-home activities, though, consumers still spent the exact amount of time listening to Boston radio.

Read More

0 Comments Click here to read/write comments

Topics best way to advertise, radio advertising, small business owner, small business marketing, small business, pandora, spotify, advertise on radio, small business advertising, corona, covid 19, coronavirus, sirius/xm, pandemic, radio listening, podcasts

Advertising On Boston Radio Reaches Pay-TV's Cord Cutters

Jul 30, 2020 8:28:03 AM / by Larry Julius

More than one-third of Boston area households are 'cord-cutters' or 'cord-nevers'. This means, they have fired their cable or satellite television providers or never subscribed at all. Instead, these consumers are choosing to find their video entertainment elsewhere.

The number of local homes that subscribe to pay-TV services began plummeting in 2013. New technologies has allowed viewers to bypass cable and satellite for more compelling content at lower prices. These cord-cutters now depend on services like Netflix, Hulu, Disney+, and Amazon Prime to fill their multiple screens.

For many years, Boston small business owners have been investing a significant portion of their advertising budgets into cable-TV.  The medium had proven to be a low-cost, high-reach alternative to buying commercial on over-the-air television stations. 

Now, because of cord-cutting, there are 1.3 million adult consumers with unconnected TVs. This profoundly diminishes the value proposition of advertising with local cable systems.

There is a powerful and affordable solution, however, for small business owners to reach both the diminishing cable audience and the expanding number of cord-cutters.

Read More

0 Comments Click here to read/write comments

Topics best way to advertise, radio advertising, small business owner, small business marketing, television advertising, small business, advertise on radio, small business advertising, television, PAY-TV, Cable TV, cord-cutter, cord-never

Boston Retailers Prepare For $537 Million Back-To-School Season

Jul 23, 2020 6:51:00 AM / by Larry Julius

Based on projections from the National Retail Federation, Boston area parents are expected to spend $537 million to equip K-12 kids for the upcoming school year. If so, then this shopping spree will be 29% bigger than last year's and the biggest take since 2012.

“By any measure, this is an unprecedented year with great uncertainty, including how students will get their education this fall whether they are in kindergarten or college,” NRF President and CEO Matthew Shay says.

“Most parents don’t know whether their children will be sitting in a classroom or in front of a computer in the dining room, or a combination of the two. But they do know the value of an education and are navigating uncertainty and unknowns so that students are prepared."

Along with pencils, paper, pens, and knapsacks, the NRF survey says 63 percent of K-12 families expect to buy computers and other electronics this year, up from 54% last year, and they expect to spend more at an average $274.44, up from $203.44 last year. The $71 difference accounts for the largest share of the overall increase in average spending of almost $93.

Also, because many parents are unsure if learning will take place at school or at home, back-to-school spending this year is expected to include home furnishings such as desks, chairs, and lamps.

To claim a meaningful share of this year's booming back-to-school economy, local retailers will need to advertise to let parents know that their stores are open, it is safe to shop, and the needed supplies are in stock.

By any metric, the best way to reach these parents is on Boston radio.

Read More

0 Comments Click here to read/write comments

Topics store traffic, retail, radio advertising, small business owner, small business marketing, millennials, advertise on radio, small business advertising, retail sales, retailer, retail store, back-to-school, millennial parents

Drivers Hit The Road Taking Boston Radio Along For The Ride

Jul 21, 2020 9:01:42 AM / by Larry Julius

Car radios came to Boston in June of 1930. For just $120, about $1200 in present dollars, local drivers could install these early mobile devices into their Fords, Studebakers, Packards, and DeSotos, 

The first car radios were built by the Galvin Manufacturing Company of Chicago. They named their invention, and eventually their company, Motorola.

Today, more than 3,000,000 car radios fill ears of area drivers with music, news, sports, and information. As a result, local radio reaches more consumers than all other media.

In a typical pre-COVID-19 week, according to Nielsen, 90% of adult consumers would tune-in to a Boston radio station. This is significantly more than were reached by local TV, cable, social media, newspaper, or streaming media sites Pandora and Spotify.

Read More

0 Comments Click here to read/write comments

Topics best way to advertise, radio advertising, small business owner, small business marketing, advertise on radio, small business advertising, vehicle traffic, in-car audio

Receive Great Advertising Advice Direct To Your Inbox...

Advertise In Boston Now

Recent Posts

  • There are no suggestions because the search field is empty.