Orlando Ad Market Finishes Strong First Quarter: Good Second Quarter Forcasted

Orlando ad spending has increased throughout the first quarter but despite previous quarters experiencing sluggish markets. Both TV and radio have seen spending gains in numerous categories this quarter.

TV spending was up 10 to 15 percent in January, and it’s expected to be up at least 10 percent year-to-year for the remainder of the quarter. Large categories including auto, financial, telecom and furniture have all increased spending by double-digit percentages versus a year ago, putting a squeeze on inventory.

Prime-time and news day-parts have the highest demand this year, but other day-parts will also pick up in coming months. With predictions for a strong second quarter the market should remain healthy.

Radio spending has also been ahead year over year throughout the first and second quarters, despite pricing being down as compared to a year ago. Financial, retail and auto advertisers have all increased radio spending this year.

From Dec. 6 to Jan. 2, WMGF averaged a 13.6 portable people meter rating in its holiday season, according to Arbitron, more than five points ahead of the No. 2 station WPOZ-FM, which averaged an 8.5. Stations owned by Clear Channel and Cox perform the best; In December those companies accounted for seven of nine top Orlando stations.

General Motors Quits Facebook Advertising

General Motors is pulling ads from Facebook, calling them “ineffective”, according to a Wall Street Journal report. It was determined that their ads on the platform “had little impact on consumers,” according to the report. However, GM will continue to market via Facebook’s free brand pages.

The article quotes GM marketing chief Joel Ewanick as saying GM “is definitely reassessing our advertising on Facebook, although the content is effective and important.” Ewanick’s use of “content” in this case refers to Facebook brand Pages.

GM spends about $40 million marketing on Facebook, but only about a quarter goes to advertising- the rest going to creating content for the site, according to the report. GM spends an estimated $1.8 billion worldwide on advertising per year.

A Forrester Research Analyst, Nate Elliott, wrote a blog post on Monday questioning the social network’s advertising. “Somehow Facebook still hasn’t stumbled upon a model that’s proven consistently successful for marketers, or that brings in the massive revenues to match the site’s massive user base,” wrote Elliott. “One global consumer goods company told us recently that Facebook was getting worse, rather than better, at helping marketers succeed. And companies in industries from consumer electronics to financial services tell us they’re no longer sure Facebook is the best place to dedicate their social marketing budget – a shocking fact given the site’s dominance among users.”

Facebook posted revenues of $3.7 billion in 2011, the vast majority of which came from advertising. However, Facebook’s first-quarter revenues fell from the previous quarter and Facebook’s amended S-1 form, filed on May 10, cited the transition to mobile as a worrisome sign for ad revenues.