Quick Answer: How Much Does It Cost To Erect A Billboard?

Are digital billboards profitable?

Each digital sign produces $14,000 a month in revenue, typically from multiple advertisers, compared with $1,000 to $2,000 for traditional billboards, which serve only one advertiser..

How much does it cost to put up a billboard?

RatesFormatRateBulletin (Large Billboard)Range of $1,500 – $30,000 per location per 4 week periodPoster (Medium Billboard)Range of $750 – $2,000 per location per 4 week periodJunior Poster (Small Billboard)Range of $300 – $750 per location per 4 week period2 more rows

Are billboards worth it?

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.

How long should a billboard be up?

four weeksIn general, billboard advertisements typically stay up for at least four weeks, but most campaigns last several months. For example, a business that is looking to run a branding campaign to establish consumer awareness and brand recognition is likely to leave their billboard advertisements up for six to twelve months.

Can anyone put up a billboard?

The short answer is no, you can’t. On almost every piece of property in America, you can’t build a billboard even if you want to. You cannot get a permit to build a new off premise sign (aka billboard) except in very rare cases.

How do I rent a billboard space?

How to Rent a BillboardJUST LOOKING-Contact the advertising company that owns the billboard (usually posted on the skirt of the sign or a contact number on the billboard face). … WORK A DEAL-Determine your budget. … GET BIDS-After you negotiate the price of your billboard… … DESIGN-Communicate your message in 7 words or less.

What states have banned billboards?

Currently, four states—Vermont, Alaska, Hawaii, and Maine—have prohibited billboards. Vermont’s law went into effect in 1968, Hawaii’s law went into effect in 1927, Maine’s law went into effect in 1977, and Alaska’s law went into effect upon its achievement of statehood in 1959.

How profitable is owning a billboard?

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.

Are Billboards good investments?

You can make money by making investments in billboards, the kind you see along busy streets or off the freeway. They are effective in delivery of the marketing message and have become the go-to media for many businesses. Investing in billboards can be a lucrative venture with potential for growth.

Are billboards dangerous?

Billboards are a Safety Hazard: It’s no surprise that a 1980 Federal Highway Administration study found a positive correlation between billboards and accident rates. Moreover, federal and state courts have long cited traffic safety as a legitimate basis for billboard regulation.

Are billboards expensive?

Physical billboard costs average $750 to $1,500 per month in rural areas, $1,500 to $2,000 in small to midsize cities, and $14,000 and up in larger markets. Digital billboards can cost over $15,000, depending on the location.

How do I own a billboard?

To become a billboard owner, you buy one that’s already erected, place one on land you own or lease the right to erect a board from another landowner. Any of these approaches can provide you with a profitable stream of advertising income.

How do I sell my billboard?

For billboard owners, the best and most simple way to sell advertising space is to place an ad on the billboard itself. If your location is prime, this may be all you need to do. Place your phone number on the ad and let people know the space is up for sale.