How Are Industrial LED Signs Used in Different Industries?
Updated: Mar 16
How are businesses using industrial LED signs? Here are just a few examples:
Transportation – At airports, train stations, and subways, industrial LED displays inform travelers regarding schedules while also advertising relevant products and services.
Educational environments – LED signs for schools communicate with students, replacing bulletin boards and printed calendars, and playing an important role in the emergency alert system.
Restaurants – LED signs for restaurants streamline the ordering process and allows customers to interact with electronic signs using their smart phones.
Hotels – Signs in the hospitality industry provide guests with useful information about activities and services in and around the hotel and also providing way-finding information to guests.
What can I expect from an industrial LED display?
It is agreed that the initial investment cost for LED signage is quite high. However, there is plenty of research and calculations that show you how fast an electronic sign upgrade can not only recover the investment cost but also increase your profits.
In fact, signs are proven to be the most effective and least costly form of advertising for small businesses. Here is an example of a calculation that will show you how quickly you can get your ROI and see better profits. A car dealership is estimating a 5% increase in business as a result of the latest investment in a programmable LED sign. Profit margins on the sale of new cars range from 2 – 4%. So we will assume a 3% margin for a new car that costs $30,659 = $920 per car. The estimated increase in business means that if 60 cars are sold previously, the new sales figure would be 63. Therefore, monthly profits increase by $2,760.
Hence, the investment of a LED sign can be covered in 3 to 6 months when you purchase your LED sign from True Tech Signs! Go to TrueTechSigns.com for more info and free quote!