The art & science behind billboards

Scott Harkey, Founder and CEO of the Harkey Group, delves into the evolution and effectiveness of out-of-home advertising. Learn about how modern technology is transforming billboard marketing into a more targeted, data-driven approach. Scott also shares his insights on creative strategies, measuring impact, and the power of billboards as media multipliers.
About the speaker

Scott Harkey

Harkey Group

 - Harkey Group

Scott is the Chief Executive Officer at THE HARKEY GROUP an organization of agencies meeting the needs of the modern marketer

Show Notes

  • 00:00
    Impact of data analytics and AI on traditional billboard campaigns.
    Discussion on how data analytics and artificial intelligence influence the effectiveness of traditional billboard advertising strategies.
  • 00:00
    Incorporating innovative technologies into billboard designs for audience engagement.
    Exploring the use of cutting-edge technologies and trends in billboard designs to capture audience attention in the digital age.
  • 00:00
    Integrating billboards into omnichannel marketing strategies for enhanced performance.
    Explanation of how traditional billboards can be integrated into comprehensive omnichannel marketing approaches to improve overall campaign performance.

Quotes

  • "Throughout the last 16 years, I've owned and built and bought billboards almost like a rental house business. And about three to four years ago, I got more seriously involved in billboards. I started other small billboard companies." - Scott Harkey

  • "Google did a study a few years ago where they said the average American consumer needed to see an ad within 30 days. I think it was 18.7 times." - Scott Harkey

  • "The reason billboards are effective is because it just keeps your brand message out there as many times as possible." - Scott Harkey

  • “European markets, their percentage of spend of billboards are in the double digits in terms of your percentage of ad spend towards that category. Call it 10, 20% of total advertising going to out of home where in the US market, it's like three to 5%.” - Scott Harkey

  • 5. “70% of designers make bad billboards. They just don't know how to do it. They're looking at a computer screen. My rule of thumb is print the damn thing out, put it on the wall, tape it up the wall and walk 10 steps back.” - Scott Harkey

Episode Chapters

  • 02:18: Elevator Pitch -- Billboard advertising expertise _ The speaker recounts his extensive experience with billboards, including founding and managing billboard companies and his affinity for the advertising medium.
  • 04:46: Trend or Trash -- Tech resurgence in out-of-home_ The resurgence of out-of-home advertising, driven by new technology such as digital networks and DSPs, is confirmed as a significant trend.
  • 06:13: Comparison -- Digital vs. traditional billboards_ Discusses the differences between digital and static billboards, highlighting how digital boards can be more targeted but also come at a higher cost.
  • 07:51: Talk Nerdy to Me -- Billboard measurement analytics_ Outlines the challenges and methods of measuring the effectiveness of billboards, including using sales lift studies and specific data sources.
  • 12:02: Comparison -- Cell phone data measurement_ Explores the cost and efficacy of using cell phone data to track billboard reach, weighing it against impression-based methods.
  • 14:30: The Secret Sauce -- Effective billboard ingredients_ Emphasizes key elements for effective billboards, including simplicity, creative use of space, and strong visual contrast.
  • 16:43: Strategy -- Pattern disruption in billboards_ Discusses strategies for making billboards stand out, including i ovative designs and leveraging traffic patterns to enhance visibility.

Episode Summary

  • # The Art and Science of Billboards in Modern Marketing ## Learning the Billboard Business from the Ground Up Before establishing a successful group of marketing agencies, our guest's journey began with operating a billboard company. Starting in a regional Challenger brand agency, he learned the intricacies of billboards from industry pioneers and honed a deep affinity for out-of-home (OOH) advertising. Over the years, he has built and bought billboards, enhancing his expertise in both owning and buying out-of-home assets. This unique duality allows him to unlock significant value for clients in the OOH space. ## Trend or Trash: Digital Resurgence in Out-Of-Home Advertising The conversation kicks off with a discussion about whether out-of-home advertising is experiencing a resurgence due to new technology. The response is a resounding "trend." The incorporation of digital advertising networks into DSPs (Demand-Side Platforms) like The Trade Desk, Google, and Vistar has made it easier for non-sophisticated buyers to place digital OOH inventory. This integration has led to a more comfortable, targeted, and faster way to buy ads at scale, although sometimes at a premium cost compared to direct buys. ## Analyzing Billboard Effectiveness How do we measure the effectiveness of a billboard? It's no secret that OOH advertising is one of the least measurable forms of media. The primary challenge lies in attributing the effectiveness directly to the giant sign you see by the road. However, it's clear that branding plays a substantial role. When integrated into a comprehensive campaign, adding OOH can result in notable sales lifts. A case study mentioned in the conversation showed that campaigns including billboards could see a 7-20% increase in sales compared to those without. Although the direct measurement of billboards remains tricky, various methods, such as using data from companies like Geopath or employing fully integrated analytics systems, can help provide insights. While some argue that using cell phone data to track impressions is convoluted, the industry is continually evolving with new technologies to improve tracking. ## The Creative Process: Ingredients for an Effective Billboard Creating an effective billboard demands a thoughtful approach. One of the key rules shared is the "seven to eight" principle: incorporating no more than seven to eight elements (like words, images, or logos) ensures clarity and impact. Simplicity, bold colors, and high contrast are also vital for capturing attention. ** Focus on fewer elements to increase clarityn** Utilize extensions creatively to make your billboard stand outn** Ensure strong contrast in colors and fonts to maximize readabilityn** Prioritize brand recall over additional details like URLs or phone numbers The creative process for billboards should diverge significantly from digital or ba er ads. Think big and impactful – leveraging the physical environment and community space to engage viewers effectively. ## The Psychological Advantage of Billboards Billboards do more than just advertise; they lend a sense of legitimacy and visibility to a brand. When high-income or decision-making individuals frequently see your brand in their daily commute, it builds a perception of credibility and prominence. This is particularly advantageous in competitive environments, such as B2B sectors, where medium-tallies can signify a company’s stature. ## Challenges and Opportunities Despite its less measurable nature, OOH offers opportunities for creative marketing i ovation. From projection ads to interactive elements like tu els wrapped in advertisements, the field is ripe for ideas that go beyond the static ba er. However, creative teams often falter by designing billboards like digital ads, missing the nuanced demands of OOH. The key lies in walking ten steps back from a printed design to ensure readability and clarity – imagining the ad as a fast-passing spectacle. ## A Returning Art form In a world dominated by digital metrics and trackable media, let's not forget the simple power of a well-placed, well-designed billboard. It's more than just a sign; it's a powerful amplification tool that requires strategic thinking and creativity to master. Whether you view billboards as a media multiplier, a brand-legitimizing tool, or a creative canvas, the discussion clearly illustrates the enduring and evolving value of out-of-home advertising in the modern marketing landscape.
About the speaker

Scott Harkey

Harkey Group

 - Harkey Group

Scott is the Chief Executive Officer at THE HARKEY GROUP an organization of agencies meeting the needs of the modern marketer

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