Media & The Marketing of Messages Chapter 3. Media Speak Media Building Blocks Strengths & Weaknesses Building The Media Plan Today we’ll cover … Media.

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Presentation transcript:

Media & The Marketing of Messages Chapter 3

Media Speak Media Building Blocks Strengths & Weaknesses Building The Media Plan Today we’ll cover … Media & The Marketing of Messages

Media Speak Media/Medium/Vehicle Media = collective noun (pl form) Medium = one type of media Vehicle = single carrier

Media Speak Audience/Coverage/Composition Audience number or % exposed to a vehicle Audience Coverage number or % reached by a single insertion or exposure in a specified area Audience Composition statistical breakdown of a media vehicle’s total audience

Media Speak Ratings & Circulation Broadcast Media use Rating Points % of Target Audience reached by a media vehicle Print Media use Circulation Number of copies sold or distributed

Media Speak Above-the-Line/Below-the-Line Above = paid advertising Below = sales promotion, PR, events Traditional/Non-Traditional Traditional = major mass media Non-Traditional = unique media opportunities and new media forms

Media Speak “Brand Contact Points” Every possible point of contact between a brand and its consumers Clutter More media channels More messages in each channel Fragmentation More audiences, Smaller audiences

Media Building Blocks Print Media Newspapers Magazines Out-of-home Broadcast Media Radio Television Cable TV Strengths & Weaknesses:

Print Portable “Time independent” Not a fleeting medium - it lasts Accommodates complex copy Good picture quality Easier to feature more than one product Versatility Can be preserved and reread Journalistic content = credibility & prestige Can deliver coupons Common Advantages

“Prestigious” Readers upscale Readers use ads Less lead time Strong local emphasis Sense of immediacy “Cataloging Value” Reproduction varies Not much passalong Can be expensive Cluttered Not read thoroughly Poor demographic selectivity May have adverse editorial Newspapers Strengths & Weaknesses:

Special audience opportunities Can be long-lasting Repeat exposure High “passalong” Creative flexibility Building audience takes time Can be cluttered Early closing dates Magazines Strengths & Weaknesses:

Poor demographic selectivity Limited time. Limited copy. Complicated logistics Can be expensive Legal restrictions Frequency and repetition Large audiences. Low cost. Visual impact Blanket coverage Versatility Out-of-Home Strengths & Weaknesses:

Various formats. Special audiences. Inexpensive Affordable frequency Affordable production Reaches mobile market Scheduling & creative flexibility Immediacy Radio Strengths & Weaknesses: Radio Spots are fleeting

Impact Market coverage Intrusive Flexible Cost-efficient (CPM) Prestigious Fleeting Expensive Big shows. Big Bucks. Production can be expensive Best shows have limited availability Television Strengths & Weaknesses:

Geographic flexibility Inexpensive Varied programming. Specialized audiences. Upscale audiences Wide variety of ad formats Low ratings Reporting is inadequate Cable & Satellite TV Strengths & Weaknesses:

Building The Media Plan…

Building The Media Plan: Successful media planning is the task of selecting and scheduling media that will reach as many of the target audience as frequently as possible for the least amount of cost.

The Media Plan is… a blueprint for future action… organizing a brand’s advertising into media objectives and strategies that are: Goal-Oriented - increase sales/share Make sense - effective/efficient Manageable - can be executed, flexible, developed before the buy. Building The Media Plan:

Media Planning Trends: New importance of the media function “Unbundling” = New Media Agencies New Global Relationships Mega-brands and mega-agencies Growing # of media choices means growing need for media planning Development of “account planning” style media planning A New Revolution

: “It will be more challenging to work in advertising in new media… it’s a ‘sky’s the limit’ type of thing. And advertisers have to know all the possibilities.” Jayne Spitler, Leo Burnett/StarCom A New Revolution Media Planning Trends:

“The creative people and the media people must intertwine their work as much as possible. They have to understand the overall project is part of a targeting process.” David Martin, CEO/Penta-Com A New Revolution Media Planning Trends:

“In a rapidly changing media world, an understanding of the consumer/ media relationship is of fundamental importance to the process.” Andy Tilley. Zenith Media A New Revolution Media Planning Trends:

Summary Media Speak, key terms and concepts Media building blocks with strengths and weaknesses of each Trends in media planning today