Join us Dec. 1-3 in New Orleans for the Digiday Programmatic Marketing Summit
Pitch deck: How billboard boat company Ballyhoo Media sells itself to brands
Since September, New York City’s waterways have been invaded by a single boat equipped with a 20 feet tall by 60 feet wide LED screen, broadcasting ads to passersby. The operation is courtesy of Ballyhoo Media, a company that launched an identical business in Miami 2016. The floating billboards immediately brought intrigue and some disdain from New Yorkers. (Disclosure: Digiday worked with Ballyhoo for an awards ceremony in November.)
But as of January, Ballyhoo is at war with NYC’s Law Department, and advertisers told Digiday they have mixed feelings about being associated.
“I find it over the line personally, and I’m not sure why, but yet I’m assaulted with banner ads all day and just accept it as a consumer,” said a media executive in out-of-home advertising, who requested anonymity since his clients have worked in this type of advertising.
Digiday received the pitch deck for Ballyhoo Media, which works with Pivot Media Ventures for its ad placements. A source told Digiday the ballpark pricing of a 30-second spot in a 2-minute loop on the boats is $55,000 in NYC and $35,000 in Miami for four weeks. A spokesperson for Pivot confirmed these numbers.
More in Marketing
After early success, the NFL plans more creator-led broadcasts
After tapping four creators to host alternative broadcasts on YouTube of this season’s opening game, the league is already figuring out who’s next,
How AI is reinventing the holiday gift guide
Beyond driving immediate sales, brands this year are angling to get into gift guides to help them with SEO and GEO.
In Graphic Detail: The rise of micro dramas that are attracting big ad dollars
Micro dramas are attracting attention, so Digiday has charted the format’s revenue forecasts and viewership, to understand how we got here.