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Owning a billboard provides large companies a regular income cash flow. The revenue generated by billboard companies may reach up to 40 to 50 percent before counting the depreciation, taxes, amortization and interest. The rate of income grows higher on highway billboards that may go higher as 60 percent of revenue.
On average, traditional billboards cost anywhere between $750 per month and $14,000 or more, depending on all the above factors. Digital billboard advertisements, on the other hand, cost from $1,200 to above $15,000 monthly.
Billboard companies simply can't afford to buy the land they need for advertising, so they lease it instead. They search for land with good counts of traffic, maximum visibility and the correct zoning. Once they've identified a parcel of suitable land, an approach to the landowner is made.
Outdoorbillboard.com is a good place to start if you're looking to buy a billboard. You can buy a billboard for between $650 and $2.4 million, then rent it out in six week increments. Prices vary by location. BillboardsForSale.org will also help you find billboards that you can afford.
Where Can You Find Billboards for Sale or Rent? There aren't that many places that will rent or sell you billboard advertising. Outdoorbillboard.com is a good place to start if you're looking to buy a billboard. You can buy a billboard for between $650 and $2.4 million, then rent it out in six week increments.
Small to medium sized billboards can earn $300 to $2000 per month, while large ones can command prices between $1500 and $30,000.
Of all the outdoor media types, these types of billboards are normally the most expensive (together with building wraps) and can range from around R20 000 per month to around R70 000 a month depending on their geographical location, and how many people would see, or pass by, the billboard in question in any month.
On average, traditional billboards cost anywhere between $750 per month and $14,000 or more, depending on all the above factors. Digital billboard advertisements, on the other hand, cost from $1,200 to above $15,000 monthly.
Billboard advertising is effective for building brand awareness and broadcasting your business (or product or campaign) to as many people as possible. Because they're in such busy areas, billboards tend to have the highest number of views and impressions when compared to other marketing methods.
Where Can You Find Billboards for Sale or Rent? There aren't that many places that will rent or sell you billboard advertising. Outdoorbillboard.com is a good place to start if you're looking to buy a billboard. You can buy a billboard for between $650 and $2.4 million, then rent it out in six week increments.