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ADVERTISING MANAGEMENT
Lecture 3
MEDIA PLANNING
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Media planning is the task of a media agency and entails finding the most
appropriate media products for a client's brand or product. The job of media
planning involves the best combination of media to achieve the given marketing
campaign objectives.
Media planning is a tool that allows the advertiser to select the most
appropriate media to communicate the message in sufficient
frequency towards the maximum number of potential customers at the
lowest cost.
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Certain schedules work best with different media. For example, the
general consensus is that a print ad must run several times before it
gets noticed. Radio advertising is most effective when run
frequently at certain times of the day or around certain programs.
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5. Cost per point. How much will it cost to buy one rating point for
your target audience, a method used in comparing broadcast
media. Divide the cost of the schedule being considered by the
number of rating points it delivers.
TYPES OF MEDIA
o Traditional or Mass Media: TV, Radio, etc to reach large audience.
o Niche Media: Cable TV, Direct mail, etc. Reach the target audience
with specific demographics, narrowly defined target audience.
o
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o
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o
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When we talk about social media sites then we think about social
community sites like Facebook, Twitter , My Space
o
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o
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Media Sharing: Sites are becoming quite famous these days. The best
example is YouTube. You can share photos, videos, audios etc.
MEDIA STRATEGIES
Media planners make three crucial decisions:
If the media planner wants to create broad awareness amongst largest possible
number of consumers, then he will opt for mass media
If the media planner wants to encourage an immediate sales response, then direct
response media such as direct mail, Internet and mobile phone are good choices.
Finally, if media planners want to convert shoppers into buyers, then they might use
point-of-purchase media such as coupons and price-off promotions.
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MEDIA CATEGORY SELECTION
Online ads for general insurance/ Education Programs/ Airlines
Deals/ Telecom Services link directly to the application process to
capture the customers at the time they are interested in the service.
MEDIA SCHEDULING
PLAN that identifies the Media Channel used in an advertising
campaign, and specifies insertion or broadcast dates, positions and
duration of messages.
Once the target publications isidentified and cost is estimated one can
establish a media schedule. This is a chart that shows which
publications you will use, along with projected run dates captured in
a spreadsheet.
When determining the media schedule, you have decide if you will
have an ongoing campaign throughout the year, or if you only
have the budget to advertise during the launch.
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MEDIA SCHEDULING
Continuity: This model is primarily for non-seasonal products. Advertising runs
steadily with little variation over campaign period.
There may be short or long gaps at regular intervals. This pattern of advertising is
prevalent in packaged goods that require continuous reinforcement on the audience.
FMCG - bread, soft drinks and toilet paper probably require continuous weekly
advertising in a competitive market to constantly reinforce brand awareness
Advantages:
1. Works as a reminder
2. Covers the entire purchase cycle
3. Cost efficiencies in the form of large media discounts
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MEDIA SCHEDULING
Flighting (or "bursting“): Flighting involves intermittent and irregular periods of
advertising, alternating with shorter periods of no advertising at all. For instance, all
of 2000 Target Rating display in a single month, then remaining silent for the rest of
the year.
e.g. Companies advertise fur coats in winter and suntan lotions in summer.
Likewise, some products sell faster around specific holidays, such as flowers on
Valentine’s Day, ornaments around Wedding period.
Advantages:
Little waste, since advertising concentrates on best purchasing cycle period
Series of commercials appear as unified campaign on different media vehicles
Creating better impact than the competitors
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MEDIA SCHEDULING
Pulsing: Pulsing combines flighting and continuous scheduling by
using a low advertising level all year round and heavy advertising
during peak selling periods. Product categories that experience a
surge in sales at intermittent periods are ideal for pulsing.
e.g. Deodorants, Ice Creams sell all year, but more in summer months
Airlines – Holidays for causing Brand Switching
Advantages:
Covers different market situations
Advantages of both continuity and flighting possible
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The thumb rule is that it takes 5-7 impressions before a prospect buys.