Chapter 11 Media Planning Medium Media Mix Media Vehicle.

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Presentation transcript:

Chapter 11 Media Planning Medium Media Mix Media Vehicle

Media Planning and Buying The Aperture Concept The goal of the media planner is to expose the target audience to the message at the critical point when the consumer is receptive to the brand message Fragmentation of mainstream media and proliferation of new media have made media buying and planning more challenging and more creative

Media Research Information Sources Client information Market research Competitive advertising Media information Consumer information Client information Targeted markets Previous promotions and their performance Product sales and distribution patterns Brand plans The budget

Competitive Advertising Media Research Market Research Independently gathered information about markets and product categories Competitive Advertising Media planners make decisions based on the amount of competitive traffic Share of voice Measures the percentage of total advertising spending by one brand relative to the competition

Media Research Media Information Various media provide information about the size and makeup of their audiences Designated marketing area Consumer Information Media planners use consumer information to locate the target audience within media markets

Media Objectives Exposure and GRPs Gross impressions The sum of the audiences of all the media vehicles used during a certain time span Gross Ratings Points Media planners convert impressions to gross ratings points in order to compare the efficiency of media schedules

Media Objectives The Reach Objective The percentage of the audience that is exposed at least once to the advertiser’s message during a specific time frame Unduplicated audiences

Media Objectives The Frequency Objective Effective Frequency Estimates the number of times the exposure is expected to happen Effective Frequency Combines the reach and frequency elements into one factor

Media Strategies Media planners determine the most cost-effective media mix that will reach the target audience and satisfy the media objectives Strategies are designed to deliver on the media objectives, to deliver the right level of exposure in terms of reach and frequency Image transfer Media weighting

Scheduling Strategies Media Strategies Cost Efficiency Cost per thousand CPM = cost of message unit/gross impressions x 1,000 The media budget An initial assessment of the amount of money available determines media used Scheduling Strategies Duration: How long Lead time Continuity: How often Continuous Pulsing Flighting

A Sample Media Flowchart

Selecting Media Vehicles Media Buying 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

Media Buying 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 newsletters

Media Buying Billing 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