Are Billboards Profitable?
While planning your marketing campaign, you may be asking yourself, are billboards profitable? Billboards are profitable and they are a powerful out-of-home (OOH) advertising tool! According to the OAAA, radio, print, and digital display advertising receive a greater share of campaign dollars in the average media mix, but OOH produces a higher return on investment For every $1 spent, approximately $280 in sales result, compared to only $241 for print and $243 for TV So how exactly do you measure the effectiveness of your billboard? Today we will discuss a…