
Small reallocations of media budgets typically from TV or digital
to Out of Home advertising can lead to substantial gains in return on ad spend and key brand metrics, according to a new study released today by the Out Of Home Advertising Association of America
(OAAA).
The organization worked with consultancy Benchmarketing, part of Omnicom Media Group, on the study. The findings were presented at MediaPost's DOOH Summit in Austin, TX Friday morning by OAAA CEO Anna Bager.
Benchmarketing employed advanced econometric modeling to assess the impact of incremental OOH budget increases on ROAS and key brand metrics in three sectors: Automotive,
CPG Food, and Retail Grocery.
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Highlights from the study include:
“These findings reveal the powerful role OOH plays in the current media mix and demonstrate that OOH has been an under-invested media
channel,” asserted Bager. “OOH performs well throughout the consumer funnel, and the analysis shows how brands can leverage that power by shifting just a few percentage points of their
media allocation to OOH and generate impressive returns on their investment.”