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How can a large three-sided LED screen in the central square of a small inland county town generate better economic benefits?

We have taken over a cultural communication company located in a county town in the mountainous region of Sichuan. Besides government use, the screen has 9 hours of free display time daily, and we want to attract local businesses to advertise during these hours. In the six months prior to taking over, the previous owner only secured two six-month contracts, resulting in poor company performance. After conducting market research, the feedback we received is:

1. The price is too high;

2. The promotional effect is poor.

We have already conducted a price analysis and will lower the price. Regarding the poor promotional effect, statistics show that this area has the highest foot traffic in the county town and is located next to a nationally renowned revolutionary site, attracting a large flow of locals and tourists. However, few people watch the LED screen, suggesting the content is unattractive. We have implemented a measure to display local rental and job postings (there are no housing or job agencies in the area) at three fixed times each day to attract viewers. We would like to know if there are other methods to improve the screen's advertising rate.

by (87.7k points)

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Let's analyze and operate from multiple dimensions. I will give you a systematic approach, combining operating models, content strategies, advertising revenue, and community benefits.

1️⃣ Advertising Revenue Optimization

The most direct economic benefit of LED screens is advertising revenue. You can increase advertising value by focusing on the following aspects:

Targeted advertising for local businesses

Local businesses such as restaurants, hotels, supermarkets, training institutions, real estate, and car dealerships.

Offer package deals: for example, a combination of short ads at multiple times of the day + a longer ad weekly.

Set "holiday/event special offer" pricing.

Expand advertising to surrounding areas

In addition to local businesses in the county town, attract businesses from neighboring towns or tourist attractions.

Advertise to businesses in areas with high foot traffic, such as near train stations and markets.

Interactive advertising

Improve advertising effectiveness through QR codes, mini-games, and prize draws, making businesses willing to pay higher prices.

For example, "scan the code to receive a coupon," with the LED screen displaying real-time winning information.

Multi-time period tiered pricing

Daytime peak hours: higher advertising prices.

Night/off-peak hours: lower advertising prices to increase utilization.

2️⃣ Content to Attract Foot Traffic

If an LED screen is just an advertising board, it's easily ignored. You can attract crowds through content, indirectly increasing the screen's value:

Community information dissemination

Weather forecasts, traffic information, cultural event announcements.

Residents will pay attention, increasing screen exposure.

Interactive entertainment

Young people in small towns may enjoy short videos, mini-games, and interactive quizzes.

Hold "talent shows" and "photography contests," displaying winning entries on the screen.

This type of interaction can attract young people, bringing more exposure to advertisements.

Public event support

Screening events such as holidays, cultural performances, and sports events.

Attract more foot traffic, increasing screen visibility and advertising value.

3️⃣ Data and Precision Marketing

Modern LED screens are not only display screens but can also be data collection tools:

Foot traffic statistics

Use cameras or sensors to count foot traffic in the square and provide data to advertisers.

Advertising can be priced according to peak foot traffic, increasing revenue.

Hotspot analysis

Analyze which content or advertisements receive the most attention to optimize content scheduling.

Social media integration

Link the LED screen with WeChat/Douyin activities, allowing users to share advertisements or content to expand influence. 4. Enhancing the Value of the Screen Itself

Aesthetics and Technological Advancement

High resolution, vibrant colors, and adjustable brightness, especially clear in direct sunlight.

Safety and Stability

Ensuring the screen operates 24/7, reducing advertising losses due to maintenance.

Three-Sided Screen Linkage

Displaying different advertisements from different angles or synchronizing displays to increase advertising space utilization.

5. Additional Revenue Streams

Event Sponsorship

Holding plaza events with sponsorship opportunities for businesses.

Short-Term Rental

Renting the screen for temporary events/exhibitions for promotional purposes.

Nighttime Light Shows

Using LED screens in conjunction with plaza light shows to attract tourists and boost surrounding restaurants and retail businesses.

Summary of Strategies

Advertising revenue is the main focus, but the value of advertising must be increased: precise targeting + interaction + pedestrian traffic data support.

Content operation as a supplement, attracting residents' attention and making the screen an "information and entertainment center."

Events and value-added services to improve the overall economic benefits of the screen.

Technology and management guarantees to ensure long-term stable revenue.

by (86.6k points)

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