
Digital Out-of-Home to Revolutionize Advertising
Bloomberg Businessweek
00:00
What Is the Cost Per Thousand of a Billboard?
We lead basically all 50 states national music video promotions. We're in about 17,000 convenience store point of sale systems. It's really that last opportunity for the advertiser to grab that consumer when they're actually out making a purchase. What does an ad spot right cost? That's CPMs vary between five to 15 depending on the day. So what you could do without a home, if there's 10 people in there, you could put that 10 times multiply and the advertiser pay for that. The biggest cost is really marketing, you know, and that's not that big, not even for consumer. Customer acquisition. But we get, we have a pretty quick payback
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