1. MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ

2. Some Basic Terms and concepts  Media Planning: It is the series of decisions involved in delivering the promotional message to the prospective purchasers and/or users of the product or brand.

3.  It is the guide for media selection. It requires development of specific media objectives and specific media strategies (plans of action) designed to attain these objectives.  Once the decisions have been made and the objectives and strategies formulated, this information is organized into the media plan.

4. Medium  Medium is the general category of available delivery systems, which includes – -print media (newspaper, magazines, direct mail), -broadcast media (radio, TV), -display media ( billboards, signs, posters ), -online media ( e-mail, web sites)

5. Media vehicle  Media vehicle is the specific carrier within a medium category.  Ex: Times is print vehicle.

6. Reach:  Reach: is a measure of the number of different audience members exposed at least once to a media vehicle in a given period of time. It relates to the actual audience delivered.

7.  Coverage: it refers to the potential audience that might receive the message through a vehicle. It relates to potential audience.  Frequency: It refers to the number of times the receiver is exposed to the media vehicle in a specified period.

8. PROBLEMS IN MEDIA PLANNING 1. Insufficient information: Some data of market and media can not be measured because measuring them would be too expensive. The timing of measurement is also a problem as some audience measures are taken only at specific times of year.

9. This information is then generalized to succeeding months which might not reflect current behaviors. Sometimes small advertisers may not be able to afford to purchase the information they require.

10. 2. Inconsistent Terminologies  The costs bases used by different media often vary and the standards of measurement used to establish these costs are not always consistent.  Ex: Print media may present cost data in terms of the cost to reach a thousand of people but the broadcast media may present cost per rating points.

11. 3. Time pressures Advertisers are always in a hurry- sometimes because they need to be, other times they need to be. These types of urgency dictates time pressures. In either situation,media selection decisions may be made without proper planning and analyses of the markets and/or media.

12. 4. Difficulty measuring effectiveness  It is so hard to measure the effectiveness of advertising and promotions. It is also difficult to determine the relative effectiveness of various media or media vehicles.

13. Developing the Media Plan Market Analysis Establishment of Media objectives Media strategy development and implementation Evaluation and Follow-up

14. Step 1: Market Analysis and Target Market Identification The key questions are: 1. To whom shall we advertise?: the media planner has to work with the client, account representative, marketing department and creative directors. He need to collect data from Primary research or from secondary sources. The index number is considered as a good indicator of the potential of the market. The number is:

15. Percentage of users in a demographic segment Percentage of population in the same segment 2. What internal and external factors are operating? Media strategies are influenced by both internal and external factors operating at any given time. internal factors may involve the size of the media budget, managerial and administrative capabilities, organization of the agency etc,. External factors may involve the economy (the rising costs of media), changes in technology (the availability of new media), competitive factors etc,. X 100 Index:

16. 3. Where to promote? It relates to geographic considerations.companies often find that sales are stronger in one area of the country or the world than another and may allocate advertising expenditures according to the market potential of an area. So the firm should spent advertising and promotion dollars where they will be the most effective-that is in those markets where they will achieve the desired objectives.

17. Step 2: Establishing Media Objectives: Media objectives are designed to lead the attainment of communications and marketing objectives. These are the goals for the media program and should be limited to those that can be accomplished through media strategies. Ex: Create awareness in the target market through the following: Use broad cast media to provide coverage of 80% of the target market over a six-month period, Reach 60% of the target audience at least 3 times over the same six months period. Concentrate heaviest advertising in winter and spring with lighter emphasis in summer and fall.

18. Step 3: Developing and implementing Media Strategies At this stage the media planner consider how to achieve the objectives. He/she develop and implement media strategies which evolve directly from the actions required to meet objectives and involve the following criteria: a. The media mix b. target market coverage c. Geographic coverage d. Scheduling e. Reach vs. frequency f. Creative aspects and mood g. Flexibility and h. Budget considerations.

19. a. The Media Mix A wide variety of media and media vehicles are available to advertisers. To determine what combination of media will be used following factors should be considered: The objectives sought the characteristics of the product and service the size of the budget individual preferences etc, Ex:To be communicated effectively if a product requires a visual demonstration, TV,ay be the most effective medium.

20. By combining media marketers can increase coverage, reach and frequency levels while improving the likelihood of achieving overall communications and marketing goals.

21. b. Target Market Coverage The media planner determines which target markets should receive the most media emphasis. Through which media and media vehicles can he/she best get the message to prospective buyers? His goal is to extend media coverage to as many of the members of the target audience as possible while minimizing the amount of waste coverage. (waste coverage means overexposure where media coverage exceeds the targeted audience.)

22. The situation usually involves trade-offs. Sometimes one has to live with less coverage than desired. Sometimes waste coverage is justified as the media employed are likely to be the most effective means of delivery available and the cost of the waste coverage is exceeded by the value gained from their use. Ex: Football programs are considered a good media buy because the ability to generate market coverage outweighs the disadvantages of high waste coverage.

23. c. Geographic Coverage Some products are much more popular in some areas of the country than in others. Ex: Loitta Fish in Chittagong. The media planner has to weight certain geographic areas and the strategy of exerting more promotional efforts and dollars in this areas.

24. d. The Scheduling The primary objective is to time promotional efforts so that they will coincide with the highest potential buying times. For some products these times are not easy to identify; for others they are vary obvious. Three scheduling methods are available to the media planner: 1. Continuity 2. Flighting 3. Pulsing

25. Continuity It refers to a continuous pattern of advertising, which may mean every day, every week or every month. It may be used for food products, laundry detergents or other products consumed on regular basis. Advantages: * it serves as a constant reminder to the consumer. * covers the entire buying cycle. * allows for media priorities ex: quantity discounts, preferred locations etc,

26. Disadvantages: * Higher costs * Potential for overexposure * Limited media allocation possible.

27. Flighting It employs a les regular schedule with intermittent periods of advertising and non- advertising. At some periods there are heavier promotional expenditures and at others there may be no advertising. Ex: The ad of ice cream is heavily shown in summer season, but not in winter season. Advantages: * Cost efficiency of advertising only during purchase cycles. * May allow for inclusion of more than one medium or vehicle with limited budgets.

28. * Disadvantages: * Increased likelihood of wearout. Lack of awareness, interest, retention of promotional message during nonscheduled times. Vulnerability to competitive efforts during nonscheduled times.

29. Pulsing It is actually a combination of the first two methods.. Here continuity is maintained but at certain times promotional efforts are stepped up. Ex: In the electronics industry, ad continues throughout the year but may increase on eid seasons.

30. Advantages: * All of the same as the previous two methods. Disadvantages: * Not required for seasonal products.

31. Reach vs. Frequency Since advertisers have a variety of objectives and face budget constraints, they usually must trade off reach and frequency. How much reach is necessary? Achieving awareness requires reach-that is exposing potential buyers to the message. New brands or products need a very high level of reach. High reach is also desired at the latter stages.

32. But there is no known way of determining how much reach is required to achieve levels of awareness, attitude change or buying intentions, nor can be sure an ad placed in a vehicle will actually reach the intended audience.

33. What frequency level is needed? While an ad is placed in a certain vehicle, the fact that a consumer has been exposed to that vehicle does not ensure that the ad has been seen. See the figure 10-18.

34. Establishing the reach and frequency objectives: If one ad is placed on one TV show one time, the number of people exposed is the reach. If the ad is placed on two shows, the total number of people exposed once is the unduplicated reach. Some people will see the ad twice. The total reached with both shows is the duplicated reach. Both duplicated reach and Unduplicated reach is important. Unduplicated reach indicates potential new exposures and the duplicated reach provides an estimate of frequency. Most media buys include both forms of reach.

35. Gross rating points: GRP= Reach X Frequency It is the measure that combines the program rating and the average number of times the home is reached during this period (frequency of exposure). Target rating points (TRP): It refers to the number of people in the primary target audience the media buy will reach and the number of times.

36. Creative Aspects and Mood Creative Aspects: It is possible to increase the success of a product significantly through a strong creative campaign. But to implement this creativity, we must employ a medium that will support such a strategy. Mood: Certain media enhance the creativity of a message because they create a mood that carries over to the communication. Ex: think about the moods created by the following magazines: Commuter Zagot, Anondo Binodon etc,

37. Flexibility An effective media strategy requires a degree of Flexibility. Flexibility may be needed to address the following: 1. Market opportunities 2. Market threats 3. Availability of media 4. Changes in media or media vehicles.

38. Budget Considerations The marketer tries to arrive at optimal delivery by balancing cost reach, frequency etc,. Advertising and promotional costs can be categorized in two ways: 1. The absolute cost of the medium or vehicle is the actual cost required to place the message. Ex: a full-page four color ad in Newsweek magazine costs about $ 183000.

39. 2. The relative cost refers to the relationship between the price paid for ad time or space and the size of the audience delivered; it is used to compare media vehicles. Following cost bases can be used: Cost per thousand (CPM): For the magazine, the basis is cost per thousand people reached. CPM= Cost of ad space X 1000 Circulation

40. Cost per rating point (CPRP): For broadcast media cost per ratings points. CPRP= Cost of commercial time Daily inch rate: For newspapers. Program rating

41. Step 3: Evaluation and Follow-up Marketers need to know whether the objectives are successful. Measure of effectiveness must consider two factors: 1. How well did the strategies achieve the media objectives? 2. How well did the media plan contribute to attain the overall marketing and communications objectives? If the strategies were successful, they should be used in future plans. If not, their flaws should be analyzed.