Outdoor media is on the rise, and brands are taking notice. With the advent of new technologies, such as digital billboards and interactive experiences, outdoor advertising is becoming an increasingly attractive option for businesses looking to reach their target audience.
The rise of outdoor media is changing the advertising landscape and creating new opportunities for brands to connect with consumers in exciting and innovative ways, like Out-Of-Home (OOH) advertising.
Whether you’re a seasoned advertising professional or new to the world of outdoor advertising, this guide will give you a deeper understanding of the industry’s current state and how you can leverage it to achieve your marketing goals.
What Is Outdoor Media?
Outdoor advertising, also known as OOH advertising, is taking the advertising world by storm. From towering billboards to street-level posters, outdoor advertising offers brands a chance to reach consumers in a whole new way. But what exactly is outdoor advertising, and how does it differ from other forms of advertising?
Outdoor media is any form of advertising outside the home. This includes billboards, transit ads, street furniture, and more—and each type of outdoor advertising has unique advantages. Imagine a billboard towering over a busy street, enticing drivers and pedestrians to pay attention. Or, think of a colorful transit ad on your own building catching a commuter’s eye on their morning train ride.
But it’s not just the physical presence that makes outdoor advertising so powerful; it’s the numbers. According to the Outdoor Advertising Association of America (OAAA), revenue increased 11 percent in the third quarter of 2022 compared to the previous year, accounting for $1.94 billion. And the numbers are only going up.
With its ability to reach a wide audience and its cost-effectiveness, it’s no surprise that many brands are turning to outdoor advertising as a way to connect with consumers.
The next time you’re out and about, take a closer look at the billboards, posters, and other forms of outdoor advertising you come across. You’ll realize just how powerful the great outdoors can be as a medium for advertising.
New Trends in Outdoor Advertising
Outdoor advertising has come a long way from the simple billboards of the past. New technologies and innovative approaches transform how brands connect with consumers through outdoor advertising. Here are just a few of the recent trends that are shaping the outdoor advertising landscape.
Digital Billboards and Interactive Experiences
Digital billboards and interactive experiences are becoming increasingly popular in the outdoor advertising world. These billboards allow for dynamic real-time content and interactive experiences for viewers. Imagine a digital billboard that displays a different advertisement for each passerby or even enables them to interact with the content. Personalization is a game changer.
Data and Technology
Data and technology are also playing a more significant role in outdoor advertising. With the ability to track and target specific audiences, brands can create more effective and efficient campaigns. For example, location-based targeting can help ensure that the right people see an advertisement at the right time.
Experiential marketing is another trend taking the outdoor advertising world by storm. This approach focuses on creating an immersive and interactive experience for the consumer rather than just displaying an advertisement.
Brands use outdoor advertising to create pop-up shops, interactive installations, and even augmented reality experiences. One example of a brand that has successfully implemented these trends is Coca-Cola. They have used digital billboards and location-based targeting to create personalized and interactive consumer experiences. They also have used experiential marketing by creating pop-up vending machines that dispense free Coke in exchange for a hug.
These new trends in outdoor advertising are not just about creating flashy advertisements but about creating meaningful connections with consumers. Brands that can stay ahead of the curve and embrace these new trends will be the ones that succeed in the outdoor advertising landscape of the future.
Connecting with the Right Audience at the Right Place
When it comes to outdoor advertising, location is everything. The right location can make all the difference in the success of a campaign. But what exactly does location mean in the context of outdoor advertising?
The audience and context of a specific location are important factors to consider when planning an outdoor advertising campaign. For example, a billboard on a highway may reach a lot of people, but it may not be the best fit for a brand targeting a specific demographic, such as city dwellers. On the other hand, a transit ad on a bus route through a trendy neighborhood may be the perfect fit for that same brand.
Location-based targeting and data also increase the effectiveness of outdoor advertising. By using consumer behavior data, brands can ensure the right people see their advertisements at the right time.
For example, a clothing brand might target ads for work-appropriate attire to commuters during the morning rush hour and ads for loungewear to people heading home in the evening.
The key takeaway is that location and context play a critical role in the success of an outdoor advertising campaign. By understanding the audience and context of a specific location, brands can create more effective and efficient campaigns that connect with consumers in a meaningful way.
Unlock the Potential of Outdoor Media with Pearl Media
As we’ve learned in this blog, outdoor advertising is gaining popularity, and brands are noticing. With new technologies and innovative approaches, outdoor advertising is becoming an increasingly attractive option for businesses looking to reach their target audience. The possibilities are endless, from digital billboards and interactive experiences to location-based targeting and data.
Location and context play a critical role in the success of an outdoor advertising campaign. By understanding the audience and context of a specific location, brands can create more effective and efficient campaigns that connect with consumers in a meaningful way.
At Pearl Media, we build strong partnerships with building owners to create advertising opportunities for the best brands. By pairing premium properties with great-looking ads, we generate new revenue for the building owner in places where a brand’s ideal client lives, works, and plays. Contact us to learn how we can help you achieve your marketing goals and connect with your target audience in a whole new way.