To understand the characteristics of various media
vehicles
To understand the penetration of various media
vehicles
Chapter 6 – Media Decisions 2
Introduction • Media decisions depends upon some parameters, those parameters strike a balance between two important aspects • The amount of money spent on the media • Exposure gained
• Media objectives and decisions need to be in
harmony with the organisation’s marketing plans
Chapter 6 – Media Decisions 3
Reach and Frequency • Reach is the number of different people who are exposed to an advertising message at least once
• On internet world, while reach is almost world
over, it is important to understand the people visit your page
• Frequency is the number of times the audience is
exposed to the message / advertisement
• Frequency is important because it takes a while to
build up awareness and break through the consumer’s selection process Chapter 6 – Media Decisions 4 Gross Rating Points • A unit of audience measurement, commonly used in the audio visual media based on reach or coverage of an advertisement
• GRP are used to estimate broadcast reach and
frequency from tabulations and formulas.
Chapter 6 – Media Decisions 5
Spread • Sophisticated media planners look at spread of frequencies
• Good media buyer manages the resulting spread
of frequencies to weigh it close to the average
Chapter 6 – Media Decisions 6
Media Evaluation • Cost per thousand – Cost to reach out thousand of the prospective customers
• Cost per unit – Cost to buy one rating point of the
target audience
• Cost per rating point (CPRP) – Cost of reaching
one percent of the target population
• Impact – Effectiveness of the medium in terms of
generating opportunities
Chapter 6 – Media Decisions 7
Media Evaluation • Selectivity – Degree the message be restricted to those people who are known to be the most logical prospects
• Gross Impressions – Total number of potential
exposures. Gross impressions are a summation of exposures of the target audience to media vehicles in a media plan
Chapter 6 – Media Decisions 8
Media Evaluation • Circulation and Readership – Circulation is the number of copies it distributes on an average day.
• Readership figures are usually higher than
circulation figures because of the assumption that a typical copy of newspaper is read by more than one person
Chapter 6 – Media Decisions 9
Media Evaluation • Brand Development Index – Market’s brand sales percentage is divided by the total population percentage of that market multiplied by 100
• Category Development Index – It measures the
sales potential of a product category.
Chapter 6 – Media Decisions 10
Cost Efficiency • A crucial aspects which dominates the decisions of media buyers
• Any advertiser needs to reach the target audience
in the most effective way and at efficient cost levels
Chapter 6 – Media Decisions 11
Quantitative and Qualitative Parameters • Media planning consists of extensive quantitative and qualitative analysis. Media analyst use sophisticated statistics software. The overall process can include following steps- • Targeting • Analysing • Optimising • Forecasting • Delivery
Chapter 6 – Media Decisions 12
Basic Media objectives • Connection – The right media with the intended target audience
• Geography – Areas for coverage
• Timing – Assess best time to place the message
• Duration – duration of the advertisement
• Other matters- size, length and position of the ad
Chapter 6 – Media Decisions 13
Digital Media Planning • It is important to understand the strengths of each format, how audiences respond to them and how they can work together
• Scalability and synergy to be considered while
planning
• There is a need to think beyond the efficiency
levels while planning non-TV related media
Chapter 6 – Media Decisions 14
Digital Media Planning • There is limit to the potential one can reach of digital campaign
• Digital media should be planned as though
everybody has already seen the TV
• Scalability and synergy need to be taken into
account when planning
• To drive reach and frequency it can be more
efficient to use digital rather than more TV
Chapter 6 – Media Decisions 15
Social Media • Review the fan page effectiveness
• Need to ensure that the postings are done are
regular intervals
• Need to stay on top of the latest face-book page
trends and check out other fan pages are doing to differentiate themselves
Chapter 6 – Media Decisions 16
Search Engine Optimisation • Making small modification to parts of the website
• Optimisations decision should be based on the
content and type of visitors
• Media managers tweaking the performance with
the help of search engine optimization coupled with retargeting
• Ideally optimization decisions should be based
upon the content and type of visitors any site is looking for
Chapter 6 – Media Decisions 17
Search Engine Optimisation • Search Engine Optimization process is often viewed as a struggle to rank well for just a few keywords
• SEO may not always satisfy the needs of those
entering the query
Chapter 6 – Media Decisions 18
Paid, Owned and Earned Media (POEM) • Paid media is when an organisation pays to leverage a third part channel
• Owned media – When organisation leverages a
channel it creates and controls
• Earned Media – When customers, the press and
the public share the content and speak about the brand
Chapter 6 – Media Decisions 19
Paid, Owned and Earned Media (POEM) • POEM is a great way to dissect a brand and its marketing initiatives in the planning process
• Focusing only on the digital is incomplete
• A brick and mortar store is owned media
• The trucks used to distribute the goods are owned
Chapter 6 – Media Decisions 20
Summary • An advertiser can choose a single medium or a mix of a media to take its message to the target audience
• A combination of several media is important to make
a good impact
• Creative execution become varied when multiple
media is used. The same helps for balanced delivery.
• Each media has a particular readership or viewership
Chapter 6 – Media Decisions 21
Summary • Each medium has different alternation value. However, attention given to the medium also depends upon the message and its execution
• The environment should be compatible with the
products and its benefits
• The competitors also aggressively target the
attention of the same group of audience. Balancing the media mix and effectively taken decision is the key