The LED displays are electronic tools for the visual communication, controlled by a CPU. These devices are able to memorize and visualize dozens of informative and advertising messages, in several formats and different timing.
In the last few years the world of LED visualization faced an impressive revolution. This technology made available even for small and medium businesses an fundamental advertising tool, able to visualize high impact promotional messages.
Luminous displays with LED (acronym of Light Emitting Diode) technology, are composed by a LED matrix controlled by a CPU. These electronic signs are low consumption and very long lasting and can have a incredibly high resolution.
LED technology improved drastically in the past decades. Particularly in the past 5 years new production techniques have been developed to increase LEDs' brightness and reduce the decay. All these innovations allow LED bright signs to keep functioning for over 10 years without changing the LEDs.
It is a common question among entrepreneurs and dealers all over the world. And the answer vary depending on the type and size of the business. Having a good bright signs may make the difference between the success of the failure of a commercial activity. The position also influence much the effectiveness of a single line LED display. If well positioned and designed, it can increase considerably the success opportunities of a business.
Nowadays luminous signs are the most accessible promotional tool for many dealers and entrepreneurs that do not want to spend too much money in a traditional advertising campaign. An article published on the official SMB magazine says that "...LED bright signs are the most effective and less expensive advertising form for the small and medium businesses."
Variable message luminous displays are becoming a very important media, able to satisfy the requirements of an increasingly chaotic lifestyle. The right use of a LED display enhances the visibility of a business and therefore it boosts the communication with those passing by. Independently by the model, the bright sign must be installed in a visible position and the messages must be clearly readable.
While selecting a LED sign, it might be useful to identify the three typical installations for this kind of products. It is important to remember that there are hundreds of options and configurations to perfectly fit the unique needs of every activity. In this section will be presented the most common type of bright sign:
These types of variable message signs are installed on roofs, facades and parapets. Usually they are installed in parallel or perpendicularly to the building's facade.
These bright signs are usually installed on streets and highways or squares, and they are framed into a structure fixed to the ground. This carrying structure can be painted and decorated in order to match the surrounding environment.
Variable message signs are available also in the indoor use version. Ideal for shopping malls, cinemas, theaters, show rooms and congress centers, they can be installed on walls or have a standing structure.
An old axiom identifies three fundamental key points for the success of a commercial activity: Visibility, Accessibility and Parking.
A LED display opportunely installed become a critical component of the visibility of a shop or a any other activity.
In the next few lines will be provided further information about:
A variable message sign is a critical component of the visibility of a business as:
An indicator of how a bright board can be effective is the measure in which the display helps to make a business recognizable among the others. A single line LED display brands the shop exactly as a label brands a product. If the sign is not visible and attractive, unlikely the business will transmit its message and reach its customers.
Each activity and each commercial strategy will benefit of the presence of a bright sign in the focal point of the building. An LED panel that catches the attention and lead customers to the shop, produces a positive impact on revenues that can be perceived immediately.
In 1995 the International Sign Association (ISA) asked the University of San Diego to conduct a research on variable messages bright signs. The study consisted in the analysis of several variables, as number of present signs, location, opening hours of a well-known fast-food chain
The results of the study showed that the number of multi line LED displays in a commercial exercise had a significant positive impact both on the annual turnover and the number of transactions carried out. For example, one more bright sign produced an increase of 4,75% in the annual revenues while the number of transactions grew of 3,93%.
The results of the study demonstrated that "LED bright signs have a statistically significant impact on the financial result of a commercial exercise (and)... represent a critical factor for its success."
One of advertising's first objectives is change the purchase habits. A well aimed promotion can produce a sensitive increase of the purchases.
Usually a commercial activity covers its fixed and variable cost thanks to a group of usual customers, while gains its profits from chance customers. Variable message signs are specially suitable to encourage changes in the behaviors of the customer base, encouraging unplanned stops and purchases.
It is calculated that 35-50% of the population make purchases outside its own residence's area. It means that a good part of these potential customers could be attracted by a well positioned LED sign. Besides a bright notice board visualizes its message 24 hours a day to huge potential customer base and it does it at a price ten times inferior if compared with traditional advertising techniques (considering that a LED display last different years). Minor is the cost of visibility, greater is the return on the money spent.
As a real estate or a car, every luminous sign has a value that can be measured. But how this estimate is conducted? There are three main approaches:
Substitution Cost: this method identify the value of a bright display for the visual communication with the cost of any other form of publicity (newspapers, radio or television) needed to replace it.
Market Value: generally speaking, the market identify a premium to the building with the best visibility. External advertising structures as fixed or buses billboards have a recognized sell/buy and rental market. This approach takes into account the market value of a sign depending on the surface dimensions, the visibility, the exposition to the target customers etc.
Revenues and Capitalization: this method is utilized to determine the actual value of the future financial results generated by a good in the remaining useful life. In this case are calculated the revenues generated by clients that stop by the commercial activity only because attracted by the sign.
Probably yes. We live in a chaotic society, on the move 24 hours a day and this means potential customers pass by a business at every hour days and nights. A bright display offer the chance to communicate with the usual and potential customers even when the activity is closed.
Big multinationals create "awareness" when they present constantly their names, logos and products with advertising on newspapers, radio and television. They make their name familiar and their logo becomes one thing with the company. Thank to a LED clock visible 24 hours a day, even small and medium businesses have the opportunity to create "awareness" within their community.
There are many other good reasons to consider the purchase of a LED sign, the main listed below:
The answer to this question can vary depending on the activity, the position, the target customers and other factors. In general terms, these guidelines can help while selecting the right sign:
LED electronic boards are the advertising tool with the best price/performances rate. Once purchased they function 24 hours a day, 7 days a week, for several years. The usage of other promotional media require the payment of a monthly fee, without obtaining the property and without the certainty to reach the target audience.
From the entrepreneur point of view, a variable message electronic sign shouldn't be considered as a cost but as an investment. Considering the return on invested capital, the luminous signs are not expensive at all. A well positioned bright sign pays for itself several times.
Making a comparison among the different producers, as for any other product. There are different types of initial approach, as for example to look at the company's references and photogalleries, talking with the sales manager and perform personal researches.
Besides it is important to consider, as for any other vendor:
The owner of a bright sign should know any eventual legal requirement that might be related to the display, as copyrights and trademarks, advertising and installation permissions, bill-posting rules etc. These legal requirements vary depending on the Administrative Region where the electronic board is installed.