Definition of Paid Media and more
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Transcript of Definition of Paid Media and more
Media2win
How paid media can help
brands?27th June 2014
PRESENTATION SNAPSHOT
DEFINITION OF PAID MEDIA
LEVERS OF PAID MEDIADISPLAY PLANNING PROCESSADVERTISING ON FACEBOOKCASE STUDIES
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DEFINITION OF PAID MEDIA
1
THE STARTING POINT
Paid media is used when a brand wants to amplify it’s message in an attempt to reach out to more potential consumers
Different platforms/mediums are paid for so as to increase the leverage from them
Paid media has become an catalyst that feeds owned media and creates earned media
Display ads, Paid search and Sponsorships are an example of Paid media
POEST FRAMEWORKPaid MediaBrand Pays to leverage a channel
Owned MediaChannel which is controlled by a brand
Earned MediaWhen customers become the channel of communication
Social MediaUsing social platforms for generating conversations and engaging with the audience on a regular basis
Transitional MediaMedia platforms created for the short term, like activations, exhibitions, contests, flash mobs, events
LEVERS OF PAID MEDIA
2
VIDEO ADS
There is no better way than videos to showcase your communication
With recent advent of platforms and formats, videos have become interactive in their nature and hence can generate higher traction when used appropriately
Videos are as effective as TV in building awareness of your business. And they get results – like an average 20% increase in traffic to your website
YouTube is one of the biggest and preferred platform for video promotion
SAMPLE VIDEO AD
DISPLAY ADS
Graphical advertising on the internet that appears next to content on web pages, IM applications, email, etc.
These ads, often referred to as banners, come in standardized ad sizes, and can include text, logos, pictures, or more recently, rich media.
Rich media, synonymous for interactive multimedia, is enhanced media that utilizes a combination of text, audio, still images, animation, video, and interactivity content for active participation from the recipient of the ad.
SAMPLE DISPLAY AD
TEXT ADS
Right set of words can do wonders for your brand if present on right mediums/platforms
A text ad typically includes a link to your website or any other destination where you would like the users to land after clicking along with a description (or promotion) of your product (or service)
By highlighting what makes you unique from the competition, text ads can contribute a lot of the making of a brand
SAMPLE TEXT AD
DISPLAY PLANNING PROCESS
3
UNDERSTANDING THE BRIEF
The most important part of the planning process is to determine the audience, geography and demography which would should be targeted using the paid mediums
This helps in deciding the platforms and inventories which should be included in the plan
1
COMPETITIVE INTELLIGENCE2
Understanding competitors’ spending patterns, scheduling strategies, tactics and geographic skews help in avoiding the clutter that paid media proffers
It is also necessary to know the competitive positioning, message complexity, target audience and communication objectives so that there is no confusion in the minds of consumer about your product or service
ESTABLISHING OBEJECTIVES3
Objectives are important because they establish criterions for evaluating the media plan
Media Objectives are:
Consistent with brand’s marketing objectives and strategies
Relate directly to the established advertising role
Expressed in measurable and actionable terms
OBEJECTIVES SHOULD ANSWER4
WHO?Target Audience
WHERE?Geography
WHEN?Scheduling
HOW OFTEN?Communication Goals
THE PLAN5
Based on the interpretations from the competitive mapping and derivatives from analysis of the brief, inventories on specific mediums are decided
Apt scheduling is done so as to reach the audience at appropriate times which would help in higher consumption of the message
Impact or regular properties are involved in the plan based on the budget mentioned in the brief
ADVERTISING ON FACEBOOK
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ACHIEVING BUSINESS GOALS WITH FACEBOOK ADSFacebook as a platform provides multiple ad units and targeting options so as to achieve the objectives set during the planning process
These ad units can be used across multiple devices based on the usage pattern showcased by the target audience
NEWS FEED DESKTOP
NEWS FEED MOBILE
LOGOUT PAGE PLACEMENT
RIGHT HAND SIDE PLACEMENT
AD OPTIONSPLACEMENT OPTIONS
PLACEMENT INCLUDED
WHY THIS OPTION?
Homepage Right Column of homepage News Feed desktop News Feed mobile
The best way to reach your audience from the most visited page onFacebook
All Facebook All placements except logout page
Facebook will decide where to show your ad to drive the most clicksand actions that you desire for your budget
News Feed News Feed mobile News Feed desktop
The most engaging placement on Facebook
News Feed mobile News Feed mobile The most engaging placement on customers’ most personal device
News Feed desktop News Feed desktop The most engaging placement on customers’ biggest screen
Right Column onDesktop Right column on Desktop A great place to share relevant
content with your audience
Logout page Logout pageThe largest creative format to drive either video views or directresponse traffic
CASE STUDIES
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Asia’s first feature phone-only Facebook campaign
60%of the target audience reached
4-pointlift in the message recall rate
5-pointlift in the ad recall rate
$0.002cost per reach
GOALGillette wanted to promote its new Vector 3 razor, which launched in India in November 2013. It wanted Indian men to be aware of the product, understand its benefits and overcome any impression that the razor was too expensive.
SOLUTIONThe majority of Indians in these tier 2 cities use feature phones rather than smartphones. With this insight, Gillette used Facebook targeting to map the men in the target cities and then ran photo ads in the Facebook News Feed on feature phones only.
AIRBNB'S SUCCESS WITH GOOGLE DISPLAYAirbnb started out with the goal to open the world to travel. In doing so, its success was dependent on their ability to talk to a global audience. Using Google advertising, they were able expand their reach and target their audiences geographically.
GOALS• Reach international audience• Target new customers internationally• Change perception as a budget travel
agency
RESULTS• Became an international brand• Listings grew from 1 to 80,000