Media Plan

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Media Planning and Strategy

Transcript of Media Plan

Page 1: Media Plan

Media Planning and Strategy

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Media TerminologyMedia Planning - A series of decisions involving the delivery of

messages to audiences.

Media Objectives - Goals to be attained by the media strategy and program.

Media Strategy - Decisions on how the media objectives can be attained.

Media - The various categories of delivery systems, including broadcast and print media and others.

Broadcast Media - Either radio or television network or local station broadcasts.

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Media TerminologyPrint Media - Publications such as newspapers and magazines.

Media Vehicle - The specific message carrier

Coverage - The potential audience that might receive the message through the vehicle.

Reach - The actual number of individual audience members reached at least once by the vehicle in a given period of time.

Frequency - The number of times the receiver is exposed to vehicle in a specific time period.

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Media PlanDetermines the best way get the advertiser message to the market

The goal of the media plan is to find a combination of media that will enable the marketer to communicate the message in the most effective manner possible at minimum cost.

Problems in Media Planning Lack of information

Inconsistent terms

Serious time pressure

Measurement problems

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Media Use Decision— Print

Media Use Decision— Broadcast

Media Use Decision— Other Media

Creative Strategy Plan

Activities Involved in Developing the Media Plan

Setting Media Objectives

Selecting Media Within Class

Selecting Broad Media Classes

Determining Media Strategy

Marketing Strategy PlanSituation Analysis

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Developing the Media PlanAnalyze the Market

Establish Media Objectives

Develop Media Strategy

Implement Media Strategy

Evaluate Performance

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Market analysis and target market identification

To Whom Should We Advertise?

What Internal and External Factors May Be Operating?• Internal Media Budget Managerial & Administrative capabilities Organizational Structure

• External Economy Changing Technology Competitive Factors

Where to Promote?

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• Media objectives relate to the goals to be attained by the media program, and as such should be limited to those that can be accomplished through media strategies.

• Such objectives are often expressed in terms of coverage, reach, frequency, scheduling, etc.

• An example of media objectives;Create awareness in the target market through the following: Use broadcast media to provide coverage of 80% of the target market over a

six month period Reach 60% of the target audience at least three times over the same six month

period Concentrate heaviest advertising in winter and spring, with lighter emphasis

in summer and fall

Establishing Media Objectives

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Developing & Implementing Media Strategies

The media mix Target market coverage Geographic coverage Scheduling Reach versus frequency Creative aspects and mood Flexibility Budget considerations

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Target Audience CoveragePopulation excluding target marketTarget marketMedia coverageMedia overexposure

CoverageExceeding

Market

PartialMarket

Coverage

FullMarket

Coverage

TargetMarket

Proportion

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Scheduling Continuity refers to a continuous pattern of advertising—that is every

day, week, or month (food products, laundry detergents, etc.)

Flighting is a scheduling method in which there are intermittent periods of advertising and no advertising (snow skis, etc.)

Pulsing is actually a combination of the two previous methods, in which a continuous schedule is used, though the amount of monies spent will vary throughout the time period (automobiles).

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Scheduling Methods

Continuity

Pulsing

Flighting

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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Reach and FrequencyFactors to be considered regarding Reach and Frequency:

The determination of what levels of reach and frequency are needed

The establishment of reach and frequency objectives

Using gross ratings points (GRP's)

The determination of effective reach (the percent of the audience reached at each effective frequency increment)

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GRP• The Media buyer typically uses a numerical indicator to know how

many potential audience members may be exposed to a series of commercials.

• A summary measure that combines the program rating and the average no. of times the home is reached during this period (frequency of exposure) is a commonly used reference point known as Gross Rating Points.

GRP = Reach X Frequency

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Effects of Reach and Frequency

One exposure of an ad to a target group within a purchase cycle has little or no effect in most circumstances.

Since one exposure is usually ineffective, the central goal of productive media planning should be to enhance frequency rather than reach.

The evidence suggests strongly that an exposure frequency of two within a purchase cycle is an effective level.

Beyond three exposures within a brand purchase cycle or over a period of four or even eight weeks, increasing frequency continues to build advertising effectiveness at a decreasing rate but with no evidence of decline.

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Effects of reach and frequency

Although there are general principles with respect to frequency of exposure and its relationship to advertising effectiveness, differential effects by brand are equally important

Frequency response principles or generalizations do not vary by medium.

The data strongly suggest that wear out is not a function of too much frequency. It is more of a creative or copy problem.

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Marketing Factors Important to Determining Frequency

Brand history Brand share Brand loyalty Purchase cycles Usage cycle Competitive share of voice Target group

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Message or Creative Factors Important toDetermining Frequency

Message complexity Message uniqueness New vs. continuing campaigns Image versus product sell Message variation

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Media Factors Important to Determining Frequency

Clutter

Editorial environment

Attentiveness

Scheduling

Number of media used

Repeat Exposures

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Creative Aspects and Mood

Creative aspects of the ad may require the use of specific media.

For example, television may be required to implement certain types of creative campaigns.

Likewise, the mood that a medium creates may carry over to the ad

itself. For example, certain magazines may create various moods as they are being read

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FlexibilityFlexibility—the media strategy must be flexible enough to respond to marketing threats and opportunities, as well as to adjust for changes regarding availability and/or in the media themselves.

Flexibility may need to address the following:

market opportunities market threats availability of media changes in media or media vehicles

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Budget Considerations

Budget Considerations—it is obvious that costs must be considered in the determination as to which media will be employed.

Two types of costs must be addressed:

• absolute cost—which is the actual cost to place the ad in the medium.

• relative cost—or the relationship between the price paid for advertising time or space and the size of the audience delivered.

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Determining Relative Cost of Media

Cost of ad space(absolute cost)Circulation

CPM = X 1,000

Cost per thousand (CPM)

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Determining Relative Cost of Media

CPRP =Cost of commercial timeProgram rating

Cost per rating point (CPRP)

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Evaluation and Follow Up

Essentially, two questions need to be answered:

How well did these strategies perform the media objectives established ?

How well did this media plan contribute to the attainment of the overall marketing and communications objectives?

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Television Characteristics

AdvantagesAdvantages

Mass coverage High reach Impact of sight, sound,

and motion High prestige Low cost per exposure Attention getting Favorable image

DisadvantagesDisadvantages

Low selectivity Short message life High absolute cost High production costs Clutter

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Radio CharacteristicsAdvantagesAdvantages

Local coverage Low cost High frequency Flexible Low production costs Well-segmented

audiences

DisadvantagesDisadvantages

Audio only Clutter Low attention getting Fleeting message

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Magazines CharacteristicsAdvantagesAdvantages

Segmentation potential

Quality reproduction High information

content Longevity Multiple readers

DisadvantagesDisadvantages

Long lead time for ad placement

Visual only Lack of flexibility

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Newspapers CharacteristicsAdvantagesAdvantages

High coverage Low cost Short lead time for

placing ads Ads can placed in

interest sections Timely (current ads) Reader controls

exposure Can be used for

coupons

DisadvantagesDisadvantages

Short life Clutter Low attention-getting

capabilities Poor reproduction

quality Selective reader

exposure

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Outdoor Characteristics

AdvantagesAdvantages

Location specific High resolution Easily noticed

DisadvantagesDisadvantages

Short exposure time requires short ad

Poor image Local restrictions

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Internet / Interactive Media Characteristics

AdvantagesAdvantages

User selects product information

User attention and involvement

Interactive relationship Direct selling potential Flexible message

platform

DisadvantagesDisadvantages

Limited creative capabilities

Web snarl (crowded access)

Technology limitations Few valid

measurement techniques

Limited reach