Do Billboards Still Work in Malaysia in 2024?

  • 3 March 2024

If you are reading this, chances are, you want to incorporate billboard advertising in your marketing campaign. With the digitalization of the world around us becoming more common, many people are starting to wonder if billboard advertising is still a viable options for marketers in Malaysia. Read below to see what the data says!

Billboard advertising has stood the test of time as one of the most effective ways to deliver memorable messages to a wide audience. Each day, millions of people encounter billboards, making them a potent tool for boosting brand awareness, driving leads, and increasing sales.

Studies conducted by the Outdoor Advertising Association of America (OAAA) underscore the effectiveness of billboard advertising. They found that 70% of individuals remember billboard messages within 24 hours, outperforming other advertising mediums like television, radio, and print. Another study revealed that 82% of consumers recall seeing at least one billboard ad in the past month, with billboard advertising potentially increasing brand awareness by up to 70%, according to Nielsen.

The benefits of billboard advertising are manifold. Billboards offer extensive reach, with a single billboard capable of reaching thousands of people daily, providing a cost-effective means of engaging a large audience. Additionally, the repetitive exposure to billboards enhances brand recall and awareness. Their visually striking nature makes them attention-grabbing, ensuring that messages leave a lasting impression on consumers. Moreover, billboards are highly flexible, allowing businesses to promote a wide range of products and services and target specific audiences such as drivers, pedestrians, or commuters.

Measuring the effectiveness of billboard advertising can be challenging, but metrics such as sales lift, which compares sales before and after a billboard campaign, can provide valuable insights.

Despite the rise of digital marketing channels, billboard advertising remains relevant in 2023. Billboards continue to be prominently placed in high-traffic areas, ensuring that people are consistently exposed to them. Their ability to capture attention and convey messages effectively, coupled with their cost-effectiveness, contributes to their enduring appeal.

In Malaysia, the billboard advertising industry is experiencing growth. Projections indicate that ad spending in the out-of-home advertising market will reach approximately US$187.70 million in 2023, reflecting a 6.5% increase from the previous year. This growth can be attributed to factors such as Malaysia's expanding population, the rising middle class with increased disposable income, and the growing popularity of digital billboards, which offer versatility and dynamic messaging capabilities.

In summary, billboard advertising remains an effective way to reach a large audience in Malaysia and beyond. Its ability to deliver impactful messages, coupled with its cost-effectiveness and adaptability, makes it a valuable tool for businesses seeking to enhance their brand visibility and engage consumers effectively.