Date : 2020-02-08
The capital of the Philippines, Manila, has over 12,800,000 residents. It is the second largest city of the Philippines and is one of the 16 cities of Metro Manila. Manila is the worldâ€™s most densely populated city with 111,002 people per square mile. It is home to the worldâ€™s oldest Chinatown known as Binondo, established in 1594. The city also has a large expat population of Americans, Spaniards, and Koreans. It is one of the most ethnically diverse cities in the world.
There is an expectation of the Philippines to be one of the worldâ€™s top 10 contributors of new adspend in the next three years. In 2018, the total share of Philippines OOH spend was at 11 to 12%. The ratio of traditional and digital OOH is at 78:22 which means that traditional OOH is still going strong. The country has also experienced 8 to 10% price inflation since 2017. Overall, the growth of Philippines OOH industry is expected to reach 12%.
Digital advertising, especially mobile, will be the key player responsible for overall ad growth in the country. There is an expectation that digital adspend will increase to 22% while mobile adspend will increase to 77%. Meanwhile, the traffic in the Philippines is still prevalent especially in Manila. Every major highway in Manila has traditional billboards present. A popular road named Epifanio Delos Santos Avenue (EDSA) is one of the best locations for OOH media with over 300,000 vehicle passing it daily.
Based on Kantarâ€™s first quarter Philippines OOH report, adspending in the first quarter of 2018 decreased 6% compared to the previous year. In actual money terms, billboard operators lost Php100 million (US$2 million) in revenue. On the other hand, advertisers are more willing to spend on digital OOH due to its measurability, richer executions, and ability to engage consumers and drive action.
Date : 2020-02-08
How does tourism and Out-of-Home Advertising help a nation?
In 2018, the Philippines broke their record of the number of foreign visitors visiting the country. From 6.6 million foreign visitors in 2017, it increased to 7.1 million foreign visitors in the previous year. The Philippinesâ€™ â€œItâ€™s More Fun in the Philippinesâ€ advertising campaign, which began in 2012, has been a major contributor to this continuous record-breaking feat.
Nowadays, Social Media Marketing and Digital Marketing have become the trends to attract the attention of consumers. But in the Philippinesâ€™ case, they made an effective trend outside the new norm by maximizing their Out-of-Home (OOH) Advertising opportunities. In different parts of the Philippines and the world, the slogan â€œItâ€™s More Fun in the Philippinesâ€ has gotten the attention of many due to its vibrant and inviting concept.
The campaign has seen itself partner with different organizations and tourism companies to bring the Philippine experience to the rest of the world. Interactive booths and moving trams heightened the visibility of the campaign. The ads have even been featured at famous tourist destinations in other cities and countries. An example of OOH Advertising for the campaign was to display its breathtaking billboards and set up an information booth at Londonâ€™s Waterloo Station. The station is known as one of Londonâ€™s busiest railway stations, garnering more than 250,000 foot traffic on a daily basis in 2016/2017.