How to Get a Billboard Space
To get a billboard space, contact the advertising company that owns the billboard. Prices to rent a billboard space depend on factors like location and size, but typically range from $500 to tens of thousands of dollars per month. You can also buy and own a billboard yourself through sites like OutdoorBillboard.com and BillboardsForSale.org, then rent it out.
Factors Affecting Billboard Rates
Other factors setting billboard rates include impressions, demographics, and space dimensions. Prices increase with foot traffic. A billboard in Toronto costs more than rural Ontario since it reaches more eyes.
Income Potential of Owning Billboards
Owning billboards generates sizable income – between $1,000 and $100,000+ per location. Small boards earn $300 to $2,000 per month. Large highway billboards command premium prices, over $30,000 monthly.
Cost Analysis of Billboard Placement
How much does it cost to be put on a billboard? To understand how much billboards cost to put up, let’s take a look at the factors advertisers must examine when deciding to purchase a billboard. Where is the geo-location of the billboard? The price difference between two billboards can be incredibly huge. Some billboards cost up to 6x more than others despite being exactly the same format and size. Often times the only difference between the two prices is the location of the billboard.
Aside from these very general rules, it is up to the billboard companies themselves to decide what they put up.
How much is a billboard lease worth? On average, a billboard generating an annual income of $24,000 will yield about a monthly rent income of $1,500 to $2000.
Can I put whatever I want on a billboard?
Digital vs. Physical Billboards
When renting space, decide type – physical or digital. Digital costs more but allows effective targeting as messages change. Physical remains versatile and classic.
Types of Billboards
Billboards come in a variety of types and sizes, which affect the billboard price. Digital vs. Physical.
Cost Analysis of Digital Billboards
Digital billboards are made from a LED display and are more dynamic than their traditional counterparts. Digital billboard cost tends to be higher as a result, as they include functionalities such as moving images.
Billboard Advertising Cost
How much does it cost to advertise on highway billboard? Costs to advertise on a highway billboard can vary widely depending on size, placement, and region.
Conclusion
With this information, you’ll be able to make an informed decision about whether or not investing in a billboard is the right choice for you.