Learn about actual and potential costs
How much should I pay for Transit Advertising Services?
What is the average price of Transit Advertising Services?
This procurement report includes pricing information to help you purchase Transit Advertising Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Transit Advertising Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Transit Advertising Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Transit Advertising Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Transit Advertising Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase Transit Advertising Services?
The top four suppliers among the estimated 5,400 suppliers of transit advertising services hold more than 50.0% of market revenue, which indicates a high level of market share concentration. Because of this high market share concentration, competition in the market is low. The reliance of transit advertising on transit systems... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What certification process do your installers undergo? Are they 3M certified?
How does your company handle damaged or vandalized advertisements?
What processes does your company have in place for keeping advertisements clean, so mud and dirt do not reduce their visibility?
How does your company respond to disruptions in transit service due to inclement weather or budget cuts? How will that affect my advertisement?
How long has your company been involved with transit advertising?
How many transit systems does your company manage advertising for?
How many clients does your company currently serve? Which ones are your top customers?
How have your advertisements fared in evaluations by rating agencies?
Do you offer branded buses?
Do you offer backlit advertisements?
Do you allow customers to request specific routes on which their advertisements are to be displayed?
Does your company offer transit shelter and rail advertising that can be bundled with bus advertising in a coordinated campaign?
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Key elements for every RFP
What should my Transit Advertising Services RFP include?
Buyers should specify their intended compensation rate for each advertising space.
Buyers should describe their preferred payment method and schedule.
Buyers should evaluate vendors on their qualifications and experience providing transit advertising services.
Buyers should prefer vendors that offer competitive prices.
Buyers should assess vendors' proposed work plan and its ability to meet their transit advertising needs.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard of this report.
Vendors must disclose the deadline for prospective vendors to submit bid proposals.
Vendors should highlight the final date for bid queries.
Vendors should indicate when they intend to communicate award information to potential vendors.
Evaluate major factors to mitigate risk
How risky is the Transit Advertising Services supply chain?
Transit advertising services have a low level of supply chain risk overall. Although a number of vendors in the supply chain are subject to moderate risk, the main supplier to transit advertising firms, namely public transportation, has a much lower level of supply chain risk. Because public transportation is... Subscribe to learn more.