Question

In: Accounting

Traditional out-of-home advertising such as bill-boards, transit, and so on have recently experienced growth in years...

Traditional out-of-home advertising such as bill-boards, transit, and so on have recently experienced growth in years when other media forms have seen their business decline. Why is this so? Give examples as to when outdoor may be more attractive to advertisers than other media (I expect each group member to find different examples.)

Solutions

Expert Solution

As per my knowledge is concerned in this area, as mentioned, the traditional out of home advertising is gaining more popularity because of few reasons such as the people are becoming very busy with their daily chores , and due to this they are not spending much time to look into all other sort's of media for the advertisements and also if you want to publish an add on TV or some other forms of media, the cost is increasing and when we opt for out home advertising methods, not only the costs can be saved/ reduced but it can also have the scope of reaching out to the public or the consumers at a large with less costs compared to other forms of media.

When we are using outdoor methods such as bill boards, when a customer passes by daily may first prefer to opt for our product when the need arises which will enhance the sales of the organization. It is also more durable and economic form of advertising.

At times, we may find outdoor as more attractive to advertisers than other media in cases such as, when some event's are taking place on huge basis, during the festive seasons, during long time travelling, may sound silly, but when there is no power supply, outdoor advertising will be very helpful.


Related Solutions

traditional nonprofit businesses have experienced considerable change in the recent years due to ? - all...
traditional nonprofit businesses have experienced considerable change in the recent years due to ? - all choices are correct - the emergece of 'donor-as-investor' philanthro-capatilist -new levels of accoubtability -explosook of innovatiok and entreprenuership
how to study for LPN boards after being four years out of school?
how to study for LPN boards after being four years out of school?
JRN Inc. is expected to have a high growth rate in the next 3 years so...
JRN Inc. is expected to have a high growth rate in the next 3 years so its dividends are expected to grow at 20% per year in the next 3 years. After that dividends are expected to grow at a stable 5% per year forever. Its most recent dividend was $3 per share and its equity cost of capital is 12%. What is the stock's intrinsic value per share? Answers: A) $65.70 B) $71.20 C) $56.30 D) $63.20
Francis is an experienced businessman working in the hospitality industry for many years. He has recently...
Francis is an experienced businessman working in the hospitality industry for many years. He has recently purchased an old restaurant. The commercial kitchen in the restaurant was in poor condition. Replacing the whole commercial kitchen will cost Francis $23,000. The cost of repairing the kitchen appliances will be $4,900, however some parts may not be available in the market anymore as these appliances are too old and obsolete. Francis decided to replace the commercial kitchen with brand new modern appliances...
Francis is an experienced businessman working in the hospitality industry for many years. He has recently...
Francis is an experienced businessman working in the hospitality industry for many years. He has recently purchased an old restaurant. The commercial kitchen in the restaurant was in poor condition. Replacing the whole commercial kitchen will cost Francis $23,000. The cost of repairing the kitchen appliances will be $4,900, however some parts may not be available in the market anymore as these appliances are too old and obsolete. Francis decided to replace the commercial kitchen with brand new modern appliances...
Emden Capital Company offers financial services to its clients.​ Recently, Emden has experienced rapid growth and...
Emden Capital Company offers financial services to its clients.​ Recently, Emden has experienced rapid growth and has increased both its client base and the variety of services it offers. The company is becoming concerned about its rising​ costs, however, particularly related to technology overhead. The technology budget for Emden and its actual results for the first quarter of 2017 are given​ below: Client interations 18,000 Fixed Overhead $59,400 Variable Overhead 5,400 CPU units @ $1.80 per CPU unit Client interactions...
An internet service provider​ (ISP) has experienced rapid growth in the past five years. As part...
An internet service provider​ (ISP) has experienced rapid growth in the past five years. As part of its marketing​ strategy, the company promises fast connections and dependable service. To achieve its​ objectives, the company constantly evaluates the capacity of its servers. One component of its evaluating is an analysis of the average amount of time a customer is connected and actively using the Internet daily. A random sample of 12 customer records shows the following daily usage​ times, in minutes....
As a new advertising manager of a company you have been asked to write out a...
As a new advertising manager of a company you have been asked to write out a proposal stating why the company should advertise and it’s benefits to the company. chose the Accounting subject to allow me post the question, but the course is Advertising.
A small building contractor has recently experienced two successive years in which work opportunities exceeded the...
A small building contractor has recently experienced two successive years in which work opportunities exceeded the firm’s capacity. The contractor must now make a decision on capacity for next year. Estimated profits under each of the two possible states of nature are as shown in the table below. Suppose after a certain amount of discussion, the contractor is able to subjectively assess the probabilities of low and high demand: P (low) = .3 and P (high) = .7. NEXT YEAR'S...
Bergman Corp. has experienced zero growth over the last seven years, paying an annual dividend of...
Bergman Corp. has experienced zero growth over the last seven years, paying an annual dividend of $2.00 per share. Investors generally expect this performance to continue. Bergman stock is currently selling for $24.39. The risk-free rate is 3.0%, and Bergman's beta is 1.3. a. Calculate the return investors require on Bergman's stock b. Calculate the market return c. Suppose you think Bergman is about to announce plans to grow at 3.0% into the foreseeable future. You also believe investors will...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT