How much do you know about local advertising?
If you want to know how much local advertising costs, you might want to take a look at a recent study from research firm GfK.
According to the research, local advertising is estimated to cost about $3.6 billion a year.
Local advertising can be a lucrative source of income for advertisers because it is seen as a low-cost way to reach consumers.
Gfk analyzed over 20 years of data on local advertising to determine the average cost per ad across the United States.
They found that local advertising was paid for at a rate of $4.15 per impression, or about $4 per person.
That’s about $1.3 billion per year.
The company also estimated that the total value of local advertising would be $11.3 trillion.
That is a lot of money.
But if you want more information on local ads, Gfks website is here.