Putting up a billboard yourself is a little trickier. Local governments have all kinds of restrictions and regulations on billboards. It may be easier to buy a billboard that’s in compliance than to set up a new one that meets all the rules.
The cost of putting up a billboard ranges from a couple of thousand dollars to over a million. A small wooden billboard is the cheapest to erect. Bigger, more elaborate billboards are more expensive. The most expensive of all is an LED billboard. These are digital billboards that can change the ad display every few seconds.
Before deciding where to build and what height, ask the same questions you would if you were buying. If the billboard’s not really visible, it may not be worth building.
How much is a billboard in South Africa?
Of all the outdoor media types, these types of billboards are normally the most expensive (together with building wraps) and can range from around R20 000 per month to around R70 000 a month – depending on their geographical location, and how many people would see, or pass by, the billboard in question in any month.
How profitable is owning a billboard?
Owning a billboard provides large companies a regular income cash flow.
The revenue generated by billboard companies may reach up to 40 to 50 percent before counting the depreciation, taxes, amortization, and interest. The rate of income grows higher on highway billboards that may go higher as 60 percent of revenue.
How much does it cost to put up a billboard in South Africa?
Of all the outdoor media types, these types of billboards are normally the most expensive (together with building wraps) and can range from around R20 000 per month to around R70 000 a month – depending on their geographical location, and how many people would see, or pass by, the billboard in question in any month.