media management
TRANSCRIPT
A series of decisions involving the delivery of messages to audiences
Goals to be attained by the media strategy and program
Decisions on how the media objectives can be attained
The various categories of delivery systems, including broadcast and print media
Either radio or television network or local station broadcasts
A series of decisions involving the delivery of messages to audiences
Goals to be attained by the media strategy and program
Decisions on how the media objectives can be attained
The various categories of delivery systems, including broadcast and print media
Media Terminology
MediaPlanning
MediaObjectives
MediaStrategy
Media
BroadcastMedia
Publications such as newspapers, magazines, direct mail, outdoor, etc.
The specific carrier within a medium category
Number of different audience members exposed at least once in a given time period
The potential audience that might receive the message through the vehicle
The number of times the receiver is exposed to the media vehicle in a specific time period
The potential audience that might receive the message through the vehicle
Number of different audience members exposed at least once in a given time period
The specific carrier within a medium category
Publications such as newspapers, magazines, direct mail, outdoor, etc.
Media Terminology
PrintMedia
Media Vehicle
Reach
Coverage
Frequency
Media Management Simply Defined
• Media planning: The series of decisions involved in delivering the message to the target audience.
• Media plan: The actual document detailing media planning decisions.
• Media objectives: Objectives of media plan.
• Media strategies: action plans to reach objectives.
• Medium: channel such as print, broadcast.
• Media vehicle: Specific carrier in a media category (television, magazines).
NewspaperAdvantages
• High readership
• Relatively cheap
• Timely
• Easily changed
Disadvantages• Wasted circulation
• Short life span
• Less appealing format
MagazineAdvantages
• Know your audience
• Higher print quality
• Longer life span
• Variety of formats
Disadvantages• More expensive
• Longer deadlines
Direct Mail
Advantages• Selective about receivers
• Control timing
• Wide variety of formats
Disadvantages• Low level of response
• “junk mail”
• Dated customer lists
• Higher costs
Directory• Relatively inexpensive
• Found in 98% of households
• Kept
• Can’t adjust or change until next year
Outdoor• Nonstandardized
• Used by local firms at their place or in other locations
• Pay rent to owners
• Standardized (posters, painted bulletins, and spectaculars)
• Billboards
• Placed near highly travels roads
• Owned by an ad company
Transit• Uses public transportation
• Includes
• Business and commuter trains
• Taxis and buses
• Located in railroad, bus, or airplane terminals
Broadcast Media
• TV
• Radio
People spend:
• 10 years watching TV
• 6 years listening to radio
There are:
• Approximately 10,000 radio stations
• 11,600 Cable channels
TV Advertising
• Communicate with sound, action, and color
• Prime time 8-11
• 30 or 60 second spots
Advantages Disadvantages• Directed at an audience high costs
• Can be adapted many leave room
Radio Advertisement
• Reaches 96% of people over 12
• Wide audience
• Best during “Drive Time”
• 15,30, or 60 second ads
• Adv Disadv
• Wide audience lack visual involvement
• Easily changed short life span
• mobile
Online Advertisements• Small part of advertisement budget but growing up
• Types
• Banner
• Pop Ups
Advantages Disadvantages• Easily counted considered annoying
Specialty media are relatively inexpensive, useful items with an advertiser's name printed on them. Successful specialty media include bottle openers, calendars, magnets, pens and pencils, memo pads, and key chains.
Specialty Media
Media Planning Defined
• Media planning can be defined as:
• Finding ways of reaching the right number of appropriate people;
• the right number of times;
• at the best time and place;
• with the right advertisement;
• at minimum cost;
• to achieve the brand’s/service’s objectives
• The role of media planning is crucial to the effective expenditure of approximately R6 billion in advertising annually
The Media-Planning Process
Media planning: The design of a strategy that shows how investments in advertising time and space will contribute to the achievement of marketing objectives.
Advertising Strategy
Advertising
ObjectivesAdvertising
BudgetMessageStrategy
MediaStrategy
Media Strategy• Target Audience Selection• Objective Specification• Media and Vehicle• Media Buying
Marketing Strategy
Selecting Media Within Class
Selecting Broad Media Classes
Determining Media Strategy
Media Use Decision— Print
Media Use Decision— Broadcast
Media Use Decision— Other Media
Developing the Media Plan
Setting Media Objectives
Marketing Strategy Plan
Creative Strategy Plan
Marketing Strategy Plan
Situation Analysis
Creative Strategy Plan
Situation Analysis
Measurement Problems
Lack of Information
InconsistentTerms
TimePressure
Lack of Information
Measurement Problems
Media Planning Difficulties
Problemsin MediaPlanning
Evaluate Performance
Implement Media Strategy
Develop Media Strategy
Establish Media Objectives
Analyze the Market
Developing the Media Plan
Setting Media Objectives
•The Media Target
•Media Coverage and Delivery
• Media Coverage
• Media Delivery
• Optimization or Balance
Reach
Frequency
Along A Continuum
Reach Frequency
EmphasisFrequency
EmphasisReach Balanced
Awareness/Attention
Interest Attitude/Desire
Some Examples:
• Emphasis Reach:
• Reach 80% of women 35-64 an average of 4 times every 4 weeks.
• Emphasis Frequency:
• Reach 50% of men 25-49 an average of 3 times each week before a home football game
Example: Axe Body Spray
• Brand Planning Target:
• “Contemporary, cool young men looking for an edge in the dating game”
• Media Planning Target:
• Profile of “Contemporary, cool young men” based on usage of contemporary, cool products
• Media Measurement Target:
• Simple demographic like “men aged 18-24
Specifying Media Objectives
1. What proportion of the population should be reached with advertising message during specified period (reach)
2. How frequently should audience be exposed to message during this period (frequency)
3. How much total advertising is needed to accomplish reach and frequency objectives (weight)
4. How should the advertising budget be allocated over time (continuity)
5. How close to the time of purchase should the target audience be exposed to the advertising message (recency)
6. What is the most economically justifiable way to accomplish objectives (cost)
ReachPercentage of target audience that is exposed to an advertisement, at
least once, during a certain time frame (usually four weeks)
Average number of times, on average, during the media-planning period that members of the target audience are exposed to the media vehicles that carry a brand’s advertising message.
How much advertising volume is required to accomplish advertising objectives
Three weight metrics:• Gross ratings:• Target ratings : Adjust a vehicle’s rating to reflect just those
individuals who match the advertiser’s target audience
Frequency
Weight
Ratings, in an advertising sense, simply mean the percentage of an audience that has an opportunity to see an advertisement placed in a particular vehicle.
GRPs=Reach(R) X Frequency(F)
Clutter
Number of Media Used
Repeat Exposures
Editorial Environment
Scheduling
Attentiveness
Media Factors Determining Frequency
Media Factors
TargetMarketProportion
FullMarketCoverage
PartialMarketCoverage
CoverageExceedingMarket
Target Audience Coverage
Population excluding target marketTarget marketMedia coverageMedia overexposure
Three Scheduling Methods
Continuity
Pulsing
Flighting
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Reach and Frequency
A. Reach of One Program
Total market audience reached
B. Reach of Two Programs
Total market audience reached
C. Duplicated Reach of Both
Total reached with both shows
D. Unduplicated Reach of Both
Total reach less duplicate
Media Versus Vehicles
• Media are the general communication methods that carry advertising messages—television, magazines, newspapers, and so on.
• Vehicles are the specific broadcast programs or print choices in which advertisements are placed.
For example, television is the media, and American Idol is the vehicle.
Each medium and vehicle has a unique set of characteristics and virtues.
• Advertisers are placing more emphasis than ever on media planning.
• The choice of media and vehicles can be the most complicated
of marcom decisions.
The Development of the Media Strategy
The media Strategy Contains five basic elements:
Target Audience WHOGeographic Spending WHEREScheduling WHENCreative Considerations WHATMedia Weight / Delivery HOW MUCH
The Development of the Media Strategy
• Always involves a series of trade-offs
• The decision made for each element has a “price tag”
• Trade-offs or compromises will be necessary
• The skill of media planning is to achieve the best balance of these dimensions relative to the campaign objectives
CONTINUITY / TIME(Longer campaigns, more bursts)
COVER / REACH FREQUENCY(More publications, another medium) (More repetition, higher number of insertion)
DOMINANCE / IMPACT (Longer commercials, bigger spaces, colour, special positions)
Offensive or Defensive Approach
• Defensive as in protection of the current business
• Offensive as in opportunistic
• In Reference to ALL strategic decisions
Deciding Media Strategies • Offensive or Defensive Approach
• Setting a Media Budget
• Strategies to Accomplish the Objective
Setting a Media Budget• Objective/Task
• Affordability
• Percentage of Sales
• Competitive Spending
Strategies to Accomplish the Objective
• Scheduling : Continuity, Pulsing, Flighting
• Specific Geography: Where in the region
• The Media Mix
• The Audience/Media Relationship
• Media functionality
• Consumer involvement
• Availability of Resources
• Time
• Time to make the advertisement
• Time to execute the placement
• Money
• Cost to make the advertisement
• Cost to place the advertisement
• Geographic Emphasis
Choosing the Media MixDiscriminating Factors
• Effectiveness
• Audience use of the media
• Audience coverage of the media
• Efficiency
• Costs per thousand audience
• Costs per delivered rating point
Charting the Tactical Plan
• The Media Flowchart Shows
• Media used
• Message/insertion timing
• Costs by media
• You Can Make a Flowchart
• Media planning software
• Project planning software
• Excel spreadsheet
Reach and Frequency
Spot run Home A Home B Home C Home D Total Exposures
1st time X X 2
2nd time X X 2
3rd time X 1
4th time X X X 3
Total Exp.
2 0 3 3 8
Reach and Frequency
• Four television homes = universe.
• Three homes or 75% of universe receive message. That’s a rating of 75.
• 8 exposures divided by number of homes hit = exposures.
8_exposures = 2.67 average exposure
3 homes
• Reach times frequency equals gross ratings points:
• 75 rating (3 homes hit in universe of 4) times 2.67 exposures = 200.25 gross rating points.
CPP VS CPT
CPP is the cost of achieving one rating point or 1% reach in any given market. Extensively used in electronic mediaCPT refers to the advertising cost purchasing 1000 units of audiencei
PSCCM
Per single column centimeterNewspaper pages are divided into columns for advertisingThese do not correlate to columns for editorial, which vary depending on layout and editorial policy
Share of Voice = one brand’s ad expenditures divided by total product category expenditures in a medium
Modern Media Planning
• Setting Media Objectives
• Deciding Media Strategies
• Choosing the Media Mix
• Charting the Tactical Plan
Media Alternatives
• Media available by media class
• Media spending by retail category
• Retail spending by media
• Media audience measures and rankings by class
• Special geographic media alternatives available
Market Research:How do you find this stuff?
• Primary Research
• Store or customer research
• Media research
• Secondary Research
• Government reports
• Industry reports
• Syndicated research
• Surveys
• Focus Groups
• Mall Intercept questionnaires
• One-on-one Interviews
Primary Research Locally
Secondary Research Locally
• Government Reports
• Chamber of Commerce research
• Survey of Buying Power
• US Census data
• Government Studies
• Statistical Abstract
Secondary Research Locally
• Industry Reports
• Trade magazines
• Trade associations
• Specialized reports
• Syndicated Research
• Donnelly Demographics
• Regional/Market studies by Nielsen, Arbitron, Scarborough
• CD-ROM databases
• Published media reports
• Media associations
• Media services like SRDS
Media Buying
• Buying is a complicated process
• The American Association of Advertising Agencies (AAAA) lists no fewer than 21 elements in the authorization for a media buy
Providing inside info
• Media buyers are important information sources for media planners
• Close enough to day-to-day changes in media popularity and pricing to be a constant source of inside information
Selecting Media Vehicles
• Choose the best vehicles that fit the target audience’s aperture
• The media planner lays out the direction; the buyer is responsible for choosing specific vehicles
Negotiation
• Media buyers pursue special advantages for clients
• Locate the desired vehicles and negotiate and maintain satisfactory schedule and rates
Preferred Positions
• Locations in print media that offer readership advantages
• Preferred positions often carry a premium surcharge
Extra Support Offers
• Value-added media services
• Contests
• Special events
• Merchandising space at stores
• Displays
• Trade-directed newslettersBilling and Payment
• It is the responsibility of the advertiser to make payments to various media
• The agency is contractually obligated to pay the invoice on behalf of the client
Monitoring the Buy
• The media buyer tracks the performance of the media plan as it is implemented, as well as afterward
• Poorly performing vehicles must be replaced or costs must be modified
Media Buying
Make-Goods
• A policy of compensating for missed positions or errors in handling the message presentation
• Ensure that the advertiser is compensated appropriately when they occur
Post-campaign Eval
• Once a campaign is completed, the planner compares the plan’s expectations and forecasts with what actually happened
• Provides guidance for future media plans