Cooltown Studios
The official blog for crowdsourced placemaking

Monday, February 14, 2005

Why are these banners worth $50K?

Main street banners

They’re worth at least that much a year in cash to a main street, but that’s just the beginning.  Just ask Sylvia Allen of Allen Consulting, who is a guru at attracting sponsor dollars for main streets and has the following tip:

Simply putting up attractive vertical banners throughout a small downtown will bring in a good share of revenue to market its merchants, not to mention providing a tremendous amount of identity.  People often identify a mall as a single, one-stop destination, but they often don’t do so with a downtown because it’s not so neatly defined.  Thus, the need for some visual branding.

How the banners become a win-win deal is that 90% of it would market the name of the downtown itself, while 10% of it would provide the name of the sponsor, ideally a local business.  It markets the downtown as a whole, advertises the local businesses and provides some warmth, soft edges and movement to an otherwise hardscape of buildings.

Next blog - An example of banners applied to a building.


Posted by Neil Takemoto in • Retail Entertainment Districts | (0) Comments | Link
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