Adsposure, powered by Advertising Vehicles, announced today it has entered into an exclusive contract with the Transit Authority of Northern Kentucky (TANK) to manage the advertising for TANKs fleet of more than 100 fixed route buses, 30 on-demand paratransit vehicles and approximately 30 bus shelters. The contract took effect Nov. 1, 2018.
Under the terms of the contract, TANK keeps 52% of all revenue generated from advertising on TANKs buses and shelters. Adsposure guarantees TANK a minimum of $2.2 million in earnings over the life of the seven-year contract, the last two years of which are optional.
We are very excited about helping leverage TANKs assets to drive results for our advertisers and revenue back to the transit authority, said Ken Black, CEO of Adsposure. Northern Kentucky is booming and its exciting to be able to play a role in helping the regions businesses grow through out of home advertising, he added.
Adsposure engaged in a competitive RFP process for several months to win the contract. According to TANK officials, Adsposures bid was overall the most attractive to the transit authority, which has served commuters in Boone, Campbell and Kenton counties and downtown Cincinnati for more than 30 years.
Adsposure, powered by Advertising Vehicles, also manages the advertising contracts for the transit authorities in Cincinnati, Des Moines, Kansas City, Lexington and Nashville. The contract with TANK is the 8th such contract for Adsposure in the past three years, and the 6th transit authority to join the companys growing footprint.
For more information on advertising with Adsposure, or to learn more about untapped revenue opportunities for your transit authority, visit www.adsposure.com.
Since 2003, Adsposure and its parent company, Advertising Vehicles, have been helping advertisers do more than simply stand out among media noise. Adsposure helps advertisers and ad agencies surpass marketing goals by increasing the frequency and reach of their Out of Home Advertising efforts, and have helped transit authorities realize millions of dollars in untapped earning potential. Headquartered in Cincinnati, Adsposure has offices in Des Moines, Kansas City, Lexington and Nashville.
Heather Martin, 513-607-0066