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Why Charlotte Used Car Dealers Need To Advertise Now

Feb 14, 2020 7:07:00 AM / by Larry Julius

March is the biggest single month for used car sales in the Charlotte area. During these 31 days alone, local pre-owned vehicle dealers are expected to bring in $101 million in sales. This will represent 10% of their annual revenue.

By the end of May, these dealers owners will sell more than $282 million worth of pre-owned cars and trucks. This, undoubtedly, makes March-May 'used car season' in Charlotte.

Although most Charlotte used car dealers are small business owners, they do really big business. In all, over the next 12 months, more than 349,000 pre-owned vehicles will be driven off their lots.

To capture a larger share of the area's $1.1 billion used car market requires pre-owned vehicle dealers to advertise. By any measure, the best way for these business owners to advertise is on Charlotte radio.

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Topics best way to advertise, consumer spending, radio advertising, social media advertising, small business, television advertising, newspaper advertising, facebook, millennials, online advertising, digital advertising, small business marketing, used vehicles, automotive, used cars, used trucks

What Is The Best Way To Advertise In Charlotte?

Dec 23, 2019 6:28:32 PM / by Larry Julius

If you don't have time to read this entire article, then I will tell you right now. The best way to advertise in Charlotte is on local radio.

A vital function of advertising is to build mental availability, which nudges a consumer toward the purchase of a product or service. It also serves to provide public notice that a product or service exists and is available for purchase.

Consumers in the Charlotte area are expected to spend at least $50 billion at retail this year. To claim a greater share of this giant pool of cash requires local business owners of every size to advertise their goods and services. As Professor Jef Richards at Michigan State University points out, “Advertising is totally unnecessary…unless you want to make money."

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Topics best way to advertise, radio advertising, social media advertising, small business, small business owner, television advertising, newspaper advertising, facebook, millennials, roi, reach, spotify, return on investment, pandora

Do Millennials Listen To Charlotte Radio?

Dec 23, 2019 5:43:29 PM / by Larry Julius

It's time to set some misguided North Carolina small business owners straight: When we say everybody listens to Charlotte radio stations, we mean everybody.  Generations X, Y, and Z. Also, Boomers, and, yes, the millennial generation.

You know...millennials. Those are the "kids" who came of age at the turn of the millennium (which is, debatably, either 2000 or 2001).  This means 18-34-year-olds. 

In the greater Charlotte area, 628,000  millennials make-up 29% of the adult population and will deliver $16.5 billion to local cash registers.

But here's the thing about millennials that many local small business owners get wrong: millennials listen to the radio.  Almost all of them...85.6% of them, to be exact.

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Topics best way to advertise, radio advertising, social media advertising, small business, small business owner, television advertising, newspaper advertising, facebook, millennials

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