Transcript Slide 1

10
Media Planning and Strategy
McGraw-Hill/Irwin
Copyright © 2012 McGraw-Hill Companies, Inc., All right reversed
Media Terms and Concepts
Media
Vehicle
The specific carrier within a medium
category
Reach
Number of different audience members
exposed at least once in a time period
Coverage
The potential of audience that might
receive the message through the vehicle
Frequency
Number of times the receiver is exposed to
the media vehicle in a time period
10-2
Developing the Media Plan
Situation
analysis
Marketing
strategy plan
Creative
strategy plan
Setting media objectives
Determining media strategy
Selecting broad media classes
Selecting media within class
Media use decision
— broadcast
Media use decision
— print
Media use decision
— other media
10-3
Media Planning Difficulties
Measurement
Problems
Lack of
Information
Problems
in Media
Planning
Time
Pressure
Inconsistent
Terminology
10-4
Developing a Media Plan
Analyze the market
Establish media objectives
Develop/implement media strategy
Evaluate performance
10-5
The Traditional Media Landscape
Satellite radio
stations
2
Broadcast
networks (TV
and cable)
100
TV stations
3,510
Consumer
magazines
5,340
Newspapers
(daily and
weekly)
8,100
Radio stations
13,898
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
Analyzing Market Potential
Index Number
Percentage of users
in a demographic segment
Index =
Percentage of population
in the same segment
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
X 100
Brand and Category Analysis
Brand Development Index
Percentage of brand to total
U.S. sales in market
BDI =
Percentage of total U.S.
population in market
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
X 100
Brand and Category Analysis
Category Development Index
Percentage of total product
category sales in market
CDI =
Percentage of total U.S.
population in market
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
X 100
Brand and Category Analysis
High CDI
Low BDI
High market share
Good market
potential
Low market share
Good market potential
Low CDI
High BDI
High market share
Monitor for sales
decline
Low market share
Poor market potential
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
Brand and Category Analysis
Low CDI
High CDI
High BDI
Low BDI
The market usually
represents good sales
potential for both the
product and the brand.
The product category
shows high potential but
the brand isn’t doing well;
the reason should be
determined.
The category isn’t selling
well but the brand is;
may be a good market in
which to advertise but
should be monitored for
sales decline.
Both the product category
and the brand are doing
poorly; not likely to be a
good place to advertise.
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
Developing Media Strategies
• Criteria to consider during plan development
•
•
•
•
•
•
•
•
•
The media mix
Target market coverage
Geographic coverage
Scheduling
Reach and frequency
Recency
Creative aspects and mood
Flexibility
Budget
10-12
The Media Mix
• Selection considerations
• Objectives sought
• Product or service characteristics
• Budget
• Individual preferences
10-13
Target Audience Coverage
Target
Market
Proportion
Full
Market
Coverage
Partial
Market
Coverage
Coverage
Exceeding
Target Market
Population excluding target market
Target market
Media coverage
Media overexposure
10-14
Geographic Coverage
10-15
Scheduling Methods
Continuity
Flighting
Pulsing
Jan
Feb Mar
Apr May Jun
Jul
Aug Sep Oct Nov Dec
10-16
Ratings Points
• Gross ratings points (GRPs)
• GRP = Reach X Frequency
• Target ratings points (TRPs)
• The number of people in the primary
target audience the media buy will reach
• The number of times they will be reached
10-17
Effective Reach
10-18
Message Factors Determining Frequency
Message
or Creative
Factors
Message Complexity
Message Uniqueness
New vs. Continuing Campaigns
Image Versus Product Sell
Message Variation
Wearout
Advertising Units
10-19
Media Factors Determining Frequency
Clutter
Repeat
Exposure
Scheduling
Media
Factors
Editorial
Environment
Attentiveness
Number of
Media Used
10-20
Creative Aspects and Mood
• Creative aspects
• Media may drive strategy, or strategy
may drive media
• Media and creative departments must
work closely together
• Mood
• Media can drive mood
• Media and vehicle image can carry over
to the message placed within them
10-21
Flexibility in Media Planning Strategies
Market
opportunities
Market threats
Flexibility
Changes in
media or media
vehicle
Availability of
media
10-22
Determining Relative Cost of Print Media
Cost per thousand (CPM)
CPM =
Cost of ad space
(absolute cost)
Circulation
X 1,000
10-23
Calculating CPM Based on the Target
Audience
© 2007 McGraw-Hill Companies, Inc., McGraw-Hill/Irwin
Determining Relative Cost of Broadcast Media
Cost per rating point (CPRP)
CPRP =
Cost of commercial time
Program rating
10-25
Determining Newspaper Advertising Costs
Daily Inch Rate
Cost of ad space x 1,000
Circulation
10-26
Television Pros and Cons
Advantages
Mass coverage
High reach
Disadvantages
Sight, sound, motion
High prestige
Low selectivity
Short message life
Low cost per exposure
High absolute cost
Attention getting
High production cost
Favorable image
Clutter
10-27
Radio Pros and Cons
Advantages
Local coverage
Low cost
High frequency
Flexible
Disadvantages
Audio only
Clutter
Low production cost
Low attention getting
Well-segmented audience
Fleeting message
10-28
Magazine Pros and Cons
Advantages
Segmentation potential
Quality reproduction
Disadvantages
High information content
Long lead time for
ad placement
Longevity
Visual only
Multiple readers
Lack of flexibility
10-29
Newspaper Pros and Cons
Advantages
High coverage
Low cost
Short lead time for
placing ads
Ads can be placed in
interest sections
Timely (current ads)
Disadvantages
Short life
Clutter
Low attention getting
Reader controls exposure
Poor reproduction quality
Can be used for coupons
Selective reader exposure
10-30
Outdoor Pros and Cons
Disadvantages
Short exposure time
Short ads
Advantages
Location specific
Poor image
Local restrictions
High repetition
Easily noticed
10-31
Direct Mail Pros and Cons
Advantages
High selectivity
Reader controls exposure
Disadvantages
High information content
High cost per contact
Repeat exposure
opportunities
Poor image (junk mail)
Clutter
10-32
Internet Pros and Cons
Advantages
Disadvantages
User selects product
information
Lack of controls
User attention and
involvement
Clutter
Interactive relationship
Questionable
measurement techniques
Direct selling potential
Limited reach
Flexible message platform
10-33