New Trends Stifling Growth of Traditional Media
New trends that are stifling the growth of traditional media are opening the door to out-of-home (OOH) media, it seeks to connect with elusive consumers in captive environments.
OOH media grew 27% to $1.69 billion in 2006, and was expected to increase by another 30% in 2007.
It provides high engagement, targeting options, proximity to point-of-sale, measurable impact and cost effectiveness.
Americans are spending more and more time commuting to work, walking in urban areas, waiting in transit hubs, and shopping at retail outlets.
Many consumers are believed to view alternative OOH media as favorable and educational.
Place-based media increased 14.1% to $446.4 million
Mediapost Magazine
PQ Media Survey
