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Forums » Real Estate Investor Marketing » appx cost of billboards

appx cost of billboards Subscribe to appx cost of billboards

10 posts by 6 users

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George P.

Real Estate Investor · Baltimore, Maryland


Forum_avatar_avatar-sniper

Icon_minipost Aug 20 '08, 10:02 AM

can anyone share pls?
thx!

Edited: 06/26/2010 at 05:44AM


Account Closed


Forum_avatar_avatar-msedwick

Icon_minipost Aug 21 '08, 12:15 AM

I have heard (not used them myself) it is in the $5k - $10K per month range.

Edited: 06/26/2010 at 05:44AM


Tim W.

Real Estate Investor · Indiana, Indiana


Forum_avatar_avatar-timwieneke
Donor

Icon_minipost Aug 21 '08, 12:37 AM

Depends greatly on where and who owns the billboard. You can rent the side of privately owned commercial buildings for a couple hundred bucks a month.

Edited: 06/26/2010 at 05:44AM


Henry Polur


Forum_avatar_avatar-hp

Icon_minipost Aug 21 '08, 01:30 AM

It depends on how much traffic there is on highway where the billboard post is located, the size of it, its visibility (from one or two sides) etc etc. The costs indeed can add up. Make sure you get what you pay for.

Edited: 06/26/2010 at 05:44AM


Jason Hanson

Real Estate Coach · Oakton, Virginia


Forum_avatar_avatar-primo_coach

Icon_minipost Aug 21 '08, 06:43 AM

It all depends on location...I have never done it, but in my area investors say they go for about $12,000 a month

However, you would be much better off spending $12,000 on highly targeted direct mail...it's better to have the rifle approach than the shotgun approach.

Edited: 06/26/2010 at 05:44AM


Dave P.

Real Estate Consultant


Forum_avatar_avatar-johnston19

Icon_minipost Aug 21 '08, 07:53 AM

Just did a recent bill-board contract, here are the approx numbers:

Traffic count: 52,000
12 rotating ads
$3,500 per ad/per month

Edited: 06/26/2010 at 05:44AM


Account Closed


Forum_avatar_avatar-msedwick

Icon_minipost Aug 21 '08, 08:17 PM

Sounds like we should buy some land ona freeway and build some signs!

Edited: 06/26/2010 at 05:44AM


Dave P.

Real Estate Consultant


Forum_avatar_avatar-johnston19

Icon_minipost Aug 22 '08, 09:40 AM

Mike,

You're not kidding. I just recently found out how that biz works. It's pretty amazing. Companies like Lamar and Summit can really rake it in.

However, I don't think highway traffic gets credited the same as in-town local traffic. The details I posted were in-town numbers.

Edited: 06/26/2010 at 05:44AM


Jason Hanson

Real Estate Coach · Oakton, Virginia


Forum_avatar_avatar-primo_coach

Icon_minipost Aug 23 '08, 03:02 AM

Billboards are big money......That's how Ted Turner started out. His father owned billboards all over.

Edited: 06/26/2010 at 05:45AM


Tim W.

Real Estate Investor · Indiana, Indiana


Forum_avatar_avatar-timwieneke
Donor

Icon_minipost Aug 23 '08, 11:53 AM

On major highways you'd be up against Clear Channel. It's not impossible but it's like starting a retail store right next to Walmart.

Edited: 06/26/2010 at 05:45AM


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