monash university advertising management account planning
TRANSCRIPT
Monash University
Advertising Management
Account Planning
Monash University
What is Account Planning? History
1960s saw post war economic boom with large budgets, 15% media commissions & birth of agency stereotyping
Stephen King (J Walter Thompson UK) 1965
adopted ‘account planning’ = process of advertising development involving rigorous analysis of the brand in its competitive market. Advertising strategy evolves from marketing strategy, which evolves from business objectives ie more scientific less gut feel, agency to add value!
Consistent with ‘What is a Brand’ by King
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What is Account Planning? Stanley Pollitt (Boase Massimi Pollitt) 1968
introduced ‘account planners’ = the pro-active force for consumer research which informs advertising development (especially the creative brief). Separate from, but supporting the account manager.
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What is Account Planning? In 1970s had penetrated almost all
London & European agencies In 1980s had penetrated Australian
agencies, but limited to top 10-15 in Sydney & Melbourne
In 1990s penetrated specialist agencies in US eg Fallon McElligott, not major US agencies
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What is Account Planning? The Account Planner
“I’m the consumer’s representative” Planner ensures that an understanding of
consumer attitudes and reactions is brought to bear at every stage of advertising development ( strategy development, creative development, pre-testing of ads, brand tracking)
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Growth of Account Planning Professionalism of advertising - more
market research within companies, thus more specialist communication research needed within agencies to add value
Rapidly changing consumer attitudes - need to keep in touch & take increasing sophistication into account
Brand images more important - therefore monitoring in more detail
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Benefits of Account Planning Integrating the needs of the client, the
demands of the market & the expectations of the consumer
Stimulating discussion on purchasing decisions, brand-consumer relationships, especially how advertising is working
Winning new business - insights into prospective business via disciplined approach
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Benefits of Account Planning Defining tightly focussed strategies
because of enhanced understanding of consumer
Stimulating creative development via productive contact between creatives & consumers
“Selling” ads to clients by explaining why & how they work
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The Account Planner’s JobThe Planning Cycle
Studying brief+existing
dataCommissioningmore research
Creativebriefing input
Diagnosticresearch:conceptsReporting
results usably
Rationalisingfor client
Pre-testing
Tracking
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Who owns what? Advertisers says “My product” Account Director says “My client” Creative Director says “My ad” Account Planner says “My consumer”
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The Account Planner’s JobClient link
Account Manager
Prod’n Creative Media Media
link team planning link
Account planner
Consumer link
Brand vision
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The Account Planner’s Job Strategy Development Creative Stimulation Approval Post-campaign
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What makes a good Account Planner?
Passion for advertising & sensitivity to creative process
Intuitive curiosity about consumers & human nature
Skilled & inspiring communicator Skilled researcher - qual & quant + numerate Credible & authoritative Visionary & strategically focussed Part of account team Theoretician & pragmatist on how ads work