Ad Space in Chicago up for Grabs

Chicagoans have been relatively blasé lately about the fates of our most cherished icons. For example, fans adjusted fairly quickly to the renaming of old Comiskey Park, christening the field with a snappy new nickname faster than you can say boo. And even though people still lament the passing of Marshall Field's, it's not as if Macy’s ruined State Street’s mojo. But what would happen if everything were up for grabs? The idea is not as far-fetched as you might think.

earth.jpgDaley is negotiating a deal with a mystery marketing company that could turn any city asset into an ad for a corporate sponsor. The so-called "municipal marketing" concept would make anything and everything available for sponsorship, from city-owned buildings to workers' uniforms to all manner of vehicles. The biggest moneymaker would probably be naming rights for the Chicago Skyway, since so many people would pass the corporate logos.

The concept of "impressions" is where we get a little fidgety. Everything in our world is already covered with signs and logos so — and we know it’s cynical — it's not the idea of selling the city that irks us. What makes us wary of the concept is calculating the "yield" a given company might see from having an ad on, say, a city tow truck. It seems like it wouldn't be that much, right?

When we sit on the subway and look up at the advertisements lining the cars we occasionally get a little angry. We see them several times a day and read and re-read them when we forget our books. Even though we only count as one impression, seeing an ad over and over means the product or service is more likely to worm itself into our brains. We know marketing companies have sophisticated ways of calculating how much ad space is worth, but still, we wish the CTA could have a bigger share of the pie. We think the same goes for the city. If we are going to sell our shared space, we should at least get fair compensation.

Image from Betty Boop's Ups and Downs via spencersundell.com.

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Comments (9) [rss]

It would be interesting to see if Daley allows ads to be larger than the ubiquitous line "City of Chicago Richard M. Daley, Mayor".

Yay, more like Idiocracy every day. I'm Mayor Richard M Daley brought to you by Carls Jr.

I think since a lot of people think Da Mare is the city's biggest ass(et), he should rent his body out for tattoo advertising. Maybe he should have to wear corporate logo ties, or jerseys, or bomber jackets. Come on, Mayor, show us how big a whore you really are!

McDonald's, Richard M. Daley, Eater

I'm not really following the second part (the "opinion") of this article. Do you think advertisers are getting some sort of deal, because subway ads are seen so much? You don't know how much the companies paid for the ads, so how can you make that conclusion? Like you said, "We know marketing companies have sophisticated ways of calculating how much ad space is worth..." Why state that and then ignore your own remark??

I agree with #5 ... unless you know CTA's ad rates, you don't know how big a piece of the pie CTA's getting.

Personally, I always thought the impact of top-of-mind ads like bus banners and subway ads and such was overrated ... very few people act based on something they see written on a bus. I don't think such ads justify enough revenue to make cluttering up the world worth it.

Great idea!

He should start with Daley Plaza...
Preparation H Plaza has a nice ring to it.

First of all - this is getting a little too DFW for me here - the whole "Year of the Trial-Sized Dove Bar" thing, etc. etc. .....AND also, I work for a non-profit, and we had considered doing some advertising on the CTA, and it took us no less than 6 WEEKS to get a call back, etc. And no, I am not a professional media buyer, and yes, this was a few months ago, but it did seem to me as if they were making it especially difficult to spend your money on advertising on the CTA!

hahah at preperation h plaza

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