• Home
  • Sector News
    • Technology
    • Energy
    • Financial Services
  • Opinion and Analysis
    • Market Overview
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Investment Idea
    • Stock Market
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Stock Pick
  • Virtus Report

Subscribe to stay informed!

Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

What's Hot

American Association of State Colleges and Universities Launches New Initiative to Help Higher Education Lead for a More Equitable and Just Society

June 1, 2023

Crude Settles Higher on Dollar Weakness and Strong Economic Reports

June 1, 2023

RK Logistics Expands Supply Chain Services to Arizona’s Silicon Desert

June 1, 2023
Telegram RSS
  • Government
  • Press Releases
  • Stock Market
  • Top Stories
  • Trading Insights
  • Trending
Telegram RSS
Virtus Junxit EquitiesVirtus Junxit Equities
  • Home
  • Sector News
    1. Technology
    2. Energy
    3. Financial Services
    4. View All

    RK Logistics Expands Supply Chain Services to Arizona’s Silicon Desert

    June 1, 2023

    ChatGPT: The Fabrication of Information and Its Implications for All Industries Including Microsoft and Tesla

    June 1, 2023

    Overcoming Microsoft Teams Migration Challenges with Successful Solutions

    June 1, 2023

    Wall Street Banks Are Warming Up To Artificial Intelligence: A Look At Their Initiatives – ING Groep, Wells Fargo, Societe Generale, JPMorgan Chase, Morgan Stanley, Deutsche Bank

    June 1, 2023

    Crude Settles Higher on Dollar Weakness and Strong Economic Reports

    June 1, 2023

    Crude Oil Prices Surge Due to a Weaker Dollar and Positive Economic Indicators

    June 1, 2023

    Decoding the Meaning of OPEC Odds | Morning Express | 6/1/2023

    June 1, 2023

    Cadence McShane Construction Completes the Niagara Warehouse in Texas

    June 1, 2023

    US Dollar Slides Due to Weaker Bond Yields and Favorable Stock Market Performance

    June 1, 2023

    Frankenmuth Insurance Presents Hood Hargett & Associates with Diamond Achiever Award

    June 1, 2023

    Should You Buy NIO Shares While It’s Down 22% Year-to-Date?

    June 1, 2023

    Trulieve Cannabis Plans to Shut Down Another Dispensary in California and Exit Massachusetts Market

    June 1, 2023

    American Association of State Colleges and Universities Launches New Initiative to Help Higher Education Lead for a More Equitable and Just Society

    June 1, 2023

    Crude Settles Higher on Dollar Weakness and Strong Economic Reports

    June 1, 2023

    RK Logistics Expands Supply Chain Services to Arizona’s Silicon Desert

    June 1, 2023

    US Dollar Slides Due to Weaker Bond Yields and Favorable Stock Market Performance

    June 1, 2023
  • Opinion and Analysis
    • Market Overview
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Investment Idea
    • Stock Market
      • Opinion
      • Technical Analysis
      • Fundamental Analysis
      • Stock Pick
  • Virtus Report
Get Access
Virtus Junxit EquitiesVirtus Junxit Equities
Home»Technology»Billboards Can Still Be an Effective Advertising Tool, Especially During Slow Traffic
Technology

Billboards Can Still Be an Effective Advertising Tool, Especially During Slow Traffic

JamesBy JamesMay 24, 2023Updated:May 24, 2023No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Despite its age, billboard advertising can still be a powerful tool for brands seeking recognition, particularly during slow traffic. According to International Outdoor, consumers spend an average of more than 25 hours on the road every week, and all of these people have the potential to see a static or digital billboard.

Similar to online advertising, the success of billboard advertising is dependent on the number of people who see it. In other words, the more individuals that view a billboard, the greater the chance of converting them into paying customers.

Related: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families

With brands worldwide looking to increase their brand awareness and see a positive return on investment (ROI) on their advertising budget, companies are getting imaginative with their ad spend. For example, Thumzup is a startup that allows individuals to get paid for posting about participating advertisers.

The Best US Roads for Billboard Advertising

Oppizi sorted through the latest motorist data to answer two questions:

  • Which are the most congested roads in the US?
  • How fast does traffic move on these roads?

By doing this, the company has put together a list of the best US roads to purchase billboard space.

In Chicago, the Eisenhower Expressway (Interstate 290) between I-90 and I-94 is arguably the most congested highway in the country. Vehicles travel at an average speed of 23.5 mph, dipping down to a peak average speed of 18.2 mph. 

With the maximum speed limit set at 55 mph, traffic moves at less than half the speed, ensuring your advertising message reaches hundreds of thousands of people annually — if not more).

If you’re seeking high visibility for your outdoor advertisement, the Long Island Expressway (I-495) in Queens, New York, is the second-best location in the US. With an average speed of 25.3 mph and a dip to 15.4 mph during peak hours, your billboard is sure to catch the eyes of many passersby.

To Stay Current with Top Startup News and Investments, Sign up for Benzinga’s Startup Investing & Equity Crowdfunding Newsletter

In the third spot, I-95 at SR 4 in Fort Lee, New Jersey, guarantees a significant amount of visibility given the heavy congestion. The average speed here is 26.8 mph, a decrease of nearly 10% since 2021.

Bronx, New York: The Whitestone Expressway (I-678) is ranked as the fourth-best location in the US for billboard placement. With an average speed of 25.4 mph, it assures considerable exposure to your advertisement.

Philadelphia: The Schuylkill Expressway (I-76) at I-676 comes in fifth, with an average traffic speed of 30.5 mph despite the speed limit of 55 mph in Montgomery County and 50 mph in Philadelphia County.

Houston: The intersection of I-45 at I-69/U.S. 59 is the sixth best location for maximizing your business’s visibility, with an average speed of 31.1 mph slowing to 20.7 mph during peak hours.

Chicago: The Dan Ryan Expressway (I-90) at I-94 (North) sees an average speed of 33.1 mph, with a drop to 20.7 mph during peak hours and an increase to 39.4 mph during off-peak hours.

Philadelphia: The Schuylkill Expressway (I-76) at U.S. 1 ranks seventh, boasting an average speed of 33.6 mph and 25.3 mph during peak times.

Seattle: The I-5 at I-90 comes in eighth. The average speed of drivers is 35 mph, dropping to 27.4 mph during peak hours and rising to 38.6 mph off-peak.

Oakland, California: The MacArthur Maze (I-80 at I-580/I880) is the ninth-best location for billboard placement, with drivers averaging a speed of 35.7 mph.

Portland, Oregon: In the tenth spot, the I-5 at I-84 sees drivers moving at an average speed of 35.9 mph.

“Online advertising has become a powerful tool with easy access to several social media apps and new sites for many people,” says a spokesperson for Oppizi. “However, endless scrolling can mean that a person never quite takes in a message or remembers your ad, leading to overconsumption of many different products and confusion. Offline marketing can increase visibility and the trust of a company or brand, and help it stand out.”

For More Information on Startup Investing, Please Visit Benzinga.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleLeading Banks Improve Online Services, Including Effortless Account Opening and Self-Service Options
Next Article Kai Zhang becomes a part of the notable Marquis Who’s Who Biographical Registry
James

    Related Posts

    RK Logistics Expands Supply Chain Services to Arizona’s Silicon Desert

    June 1, 2023By James0

    ChatGPT: The Fabrication of Information and Its Implications for All Industries Including Microsoft and Tesla

    June 1, 2023By James0

    Overcoming Microsoft Teams Migration Challenges with Successful Solutions

    June 1, 2023By James0

    Leave A Reply Cancel Reply

    Our Picks

    American Association of State Colleges and Universities Launches New Initiative to Help Higher Education Lead for a More Equitable and Just Society

    June 1, 2023

    Crude Settles Higher on Dollar Weakness and Strong Economic Reports

    June 1, 2023

    RK Logistics Expands Supply Chain Services to Arizona’s Silicon Desert

    June 1, 2023

    US Dollar Slides Due to Weaker Bond Yields and Favorable Stock Market Performance

    June 1, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    TD Cowen Recommends Outperform for Opera Ltd – ADR (OPRA)

    Trending June 1, 2023

    According to Fintel, TD Cowen has maintained its coverage of Opera Ltd – ADR (NASDAQ:OPRA) with an Outperform recommendation on June 1, 2023. The average one-year price target for Opera Ltd – ADR as of May 11, 2023, is 14.54, with a low of 13.13 and a high of $16.80.…

    Cryptocurrency Aptos sees 3.7% Increase in the Last 24 Hours

    June 1, 2023

    CD Projekt Red Set to Lay Off 30 Employees as Industry Layoffs Continue

    June 1, 2023

    Pennymac Mortgage Investment Trust’s Series A Preferred Shares Yield Pushes Past 9%

    June 1, 2023
    FEATURED INSIGHTS​

    Virtus Junxit Equity Report: Loop Media, Inc. (AMEX: LPTV)

    May 31, 2023

    Virtus Junxit Equity Research: Hillstream BioPharma, Inc. (NASDAQ: HILS)

    May 18, 2023

    NeuroOne Medical NMTC Extreme Potential in Medical Tech

    May 14, 2023

    EZFill Holdings (EZFL) – An In-Depth Analysis of the Company’s Market Dynamics, Financials, and Upcoming Catalysts

    May 8, 2023

    Subscribe to stay informed!

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Telegram RSS
    • Home
    • Privacy Policy
    • Disclaimer
    • Virtus Report
    • Get Access
    © 2023 Virtus Junxit LLC

    Type above and press Enter to search. Press Esc to cancel.