The Steadily Rising Power of U.S. Latinos: What Local Media and Ad Agencies Need to Know
The U.S. Latino economy now produces roughly $3.6 trillion in annual GDP, making it one of the world’s largest and fastest-growing markets. Within that growth, Latinas (Hispanic women) contribute about $1.3 trillion in economic output and drive most household purchasing decisions. Younger cohorts—Gen Z and Gen Alpha—are highly bilingual, racially mixed, and expect brands to demonstrate authenticity and cultural relevance. Hispanic households show wide diversity in country of origin, language use, and multigenerational structure, demanding more nuanced marketing than one-size-fits-all campaigns. For local media sales teams and ad agencies, tailoring content and ad packages to these demographic, cultural, and technological shifts is critical to capturing a rapidly expanding share of consumer spending.
Podcast Revenue Surge: Signals New Competition and Opportunity for Local Media
The podcast industry has evolved from a niche medium to a serious revenue generator, with ad loads increasing from 7.9% to 10.9% of runtime since 2021 and per-hour advertising rates tripling to 6 cents per listener hour in 2024, creating both competitive pressure and significant expansion opportunities for local media. While podcasts compete for advertiser attention, established local media companies possess crucial advantages including existing advertiser relationships, community market knowledge, and content creation infrastructure that position them to capitalize on podcast monetization rather than lose market share. Smart local media operators are launching complementary podcast offerings that create premium advertising packages, extend audience engagement, and generate new revenue streams while leveraging their trusted local brand positioning. The key opportunity lies in integrating podcast strategies into existing business models to offer advertisers multi-platform campaigns that command higher rates than traditional single-format advertising.
Radio Reigns: Why AM/FM Is Still the King of Reach, Trust, and Cross-Platform Impact
AM/FM radio remains the top media platform in America, reaching 9 in 10 adults weekly and dominating ad-supported audio listening across all age groups. Its evolution from traditional broadcast to digital streaming has expanded its accessibility across smartphones, smart speakers, and connected devices. Case studies show radio’s effectiveness in driving local event attendance, service calls, and tourism engagement through emotionally resonant and timely messaging. Media buyers praise radio’s trustworthiness and personal connection, especially through local hosts and curated content. When integrated with digital strategies like SEO, social media, and retargeting, radio becomes a powerful cross-platform tool for local advertisers and agencies.
Cracking the Gen Z Code: How Local Media Can Win with Humor and Music
Nearly half (49%) of Gen Z consumers are significantly more likely to pay attention to advertisements that incorporate humor or music they enjoy, presenting a major opportunity for local media sales teams and advertising agencies. Local advertisers have unique advantages in this space because they can tap into hyperlocal references, community inside jokes, and regional musical preferences that create authentic connections with Gen Z audiences. The key to success lies in creating "snackable, scroll-stopping creative" that feels genuine rather than trying too hard, while leveraging local radio stations' music expertise and community knowledge to craft memorable campaigns. With Gen Z's top concern being the economy, local businesses can address these worries through entertaining, music-forward campaigns that position them as accessible solutions while building long-term brand relationships.
Scent of Innovation: What Rare Beauty’s Scratch-and-Sniff Billboards Can Teach Local Media Pros
Rare Beauty launched a groundbreaking scratch-and-sniff billboard campaign in New York City to promote its first fragrance, blending traditional out-of-home advertising with geogated mobile sampling via Shopify’s Shop app. This innovative approach allows passersby to experience the scent and request a free sample by scanning a QR code, turning static media into an interactive, trackable experience. The campaign highlights how sensory engagement and digital integration can drive product trials and social sharing, especially among Gen Z consumers. Local media sellers and ad agencies can draw inspiration from this strategy to create tactile, tech-enabled campaigns that connect physical presence with digital action. Ultimately, Rare Beauty’s activation demonstrates how out-of-home media can evolve into immersive brand experiences that deliver measurable results.
Calendar of Events!
These events below provide excellent opportunities for
- Ad agencies to build campaigns and promotions
- Local media sales professionals to sell advertising to retailers
These events attract large audiences and offer high visibility for brands. By aligning advertising campaigns with these events, retailers can effectively reach and engage their target customers.
In a Downturn, Radio Stays Close to the Consumer and That’s Why It Wins
Radio remains one of the most trusted and emotionally connected media platforms, reaching nearly 60% of adults 18+ each day for over two hours, according to The Media Audit. In a down economy, radio’s presence in consumers’ daily routines—especially while driving to shop—makes it a powerful, real-time influence on purchase decisions. Stations that highlight their local impact, personal connections, and advertiser success stories will be best positioned to retain and grow revenue even as budgets tighten.
Advance Auto Parts Announces 700 Store Closures Amid Declining Demand and Strategic Restructuring
Nov 16, 2024 | Media, Retail, Advertising and the Economy, Industry Press Highlights Editorial credit: Jonathan Weiss / Shutterstock.com Executive Summary: Advance Auto Parts plans to...
Black Friday 2024: E-Commerce Triumphs as Traditional Shopping Faces Challenges
Dec 1, 2024 | Media, Retail, Advertising and the Economy, Industry Press Highlights Black Friday 2024 highlighted the shifting dynamics of consumer behavior, with online shopping.
Black Friday 2024: In-Store Shopping Breaks Records Amid E-commerce Growth
Dec 3, 2024 | Media, Retail, Advertising and the Economy, Industry Press Highlights Executive Summary: Black Friday 2024 saw a resurgence in in-store shopping, with a record-breaking...
Holiday Gift Inspiration Made Easy: How Pinterest Became This Year’s Essential Shopping Hub
Nov 12, 2024 | Digital Media and Technology, Industry Press Highlights Executive Summary: Pinterest has positioned itself as a top destination for holiday shopping this...
Maximize Your Advertising Strategy: Why Different Media Matter
In the ever-evolving world of advertising, choosing the right media platform can make all the difference. Whether you’re looking to reach a broad audience with television or tap into niche markets with podcasts, every media type offers unique advantages for advertisers. Our in-depth PDF guide, Why Media?, breaks down the benefits of various advertising platforms—from traditional outlets like newspapers, television,
Toy Industry Faces Holiday Hope and 2025 Growth Prospects Amid Softening Sales
Nov 13, 2024 | Media, Retail, Advertising and the Economy, Industry Press Highlights Executive Summary: In 2024, Mattel and Hasbro, the industry giants in the toy market, lowered...
Turning Brides into Brand Advocates: How David’s Bridal Uses Loyalty to Influence the Wedding Party
Nov 12, 2024 | Media, Retail, Advertising and the Economy, Industry Press Highlights Executive Summary: David’s Bridal has reinvented its Diamond Loyalty program to capitalize on the...
X Introduces Parody and Fan Account Labels to Curb Misrepresentation
Dec 2, 2024 | Digital Media and Technology, Industry Press Highlights Executive Summary: X, formerly known as Twitter, has launched new labels for parody and fan...