Media Buying Services in Hawaii
Welcome to Qualified.One, your trusted digital B2B marketplace for Media Buying services in Hawaii. With our extensive network of qualified professionals, we connect businesses with top-notch media buying agencies that can help them reach their target audience effectively. In this article, we will provide you with valuable insights into the media buying landscape in Hawaii, as well as the global market trends and pricing information.
Hawaii Demography
Hawaii, known for its stunning natural beauty and vibrant culture, is home to a population of approximately 1,435,138 people. The state has experienced a steady annual growth rate of 6.98%, indicating a thriving community. With a population of over 18 years old reaching 1,133,759 individuals, Hawaii offers a significant market for businesses to tap into.
Hawaii Business Landscape
Hawaii boasts a robust business landscape, with a GDP of $108,993 million in 2023. The state's economy has been growing at an impressive rate of 8.7%, reflecting a favorable environment for businesses to flourish. Corporate tax stands at 6.4%, providing an attractive incentive for companies to establish their presence in Hawaii. As of 2024, there are 56,522 registered businesses in the state, with a yearly change rate of 9.2%, indicating a dynamic and competitive market.
Media Buying Services Globally and in Hawaii
The global market size for Media Buying services is valued at $79,290,000, with a growth rate of 4.6%. The United States holds a significant share of approximately 16%, amounting to $12,686,400. This highlights the importance of media buying in the marketing strategies of businesses worldwide. In Hawaii, media buying services play a crucial role in helping companies connect with their target audience and drive growth.
Media Buying Services in the US
Media buying services in the United States are highly sought after due to the country's vast market and diverse consumer base. With its advanced advertising industry, the US offers a wide range of media buying options, including television, radio, print, and digital platforms. Businesses leverage these services to maximize their brand exposure and generate leads, ultimately driving revenue growth.
Top Hawaii Cities: Economic Insights
Among the top cities in Hawaii, Honolulu stands out with a population of 964,678 people as of 2023. The city boasts an impressive income per capita of $30,361, making it an attractive market for businesses. With its thriving economy and diverse population, Honolulu presents ample opportunities for media buying agencies to help businesses establish a strong presence and connect with their target audience.
Media Buying Price in Hawaii
When it comes to media buying in Hawaii, the pricing varies depending on the scope and scale of the project. According to Qualified.One statistics, the average media buying project size in Hawaii is $198,930. Here is a breakdown of the pricing distribution:
| Budget Range | Percentage of Projects |
|---|---|
| Below $10,000 | 24.8% |
| $10,000 - $50,000 | 33% |
| $50,000 - $200,000 | 21.3% |
| $200,000 - $1 million | 7.3% |
| $1 million - $10 million | 0.9% |
| Above $10 million | 0.9% |
These figures provide businesses with a clear understanding of the budget allocation for media buying projects in Hawaii, allowing them to plan their marketing strategies effectively.
At Qualified.One, we are committed to connecting businesses with the right media buying agencies in Hawaii to help them achieve their marketing goals. Our platform ensures that you have access to qualified professionals who can deliver exceptional results. Contact us today to explore the world of media buying services in Hawaii and take your business to new heights.