You are on page 1of 27

CHAPTER 10

MEDIA PLANNING & STRATEGY


Topics of the Lecture

1. Media Plan: An Overview


2. Problems in Media Planning
3. Developing a Media Plan
- Market Analysis
- Establishing Media Objectives
- Media Strategy Development & Implementation
Media Planning

Media Planning is the series of decisions involved in delivering


the promotional message to the prospective purchasers and/or
users of the product of brand.

For media planning, need MEDIA OBJECTIVE and MEDIA


STRATEGIES to attain these objectives.
Media Plan: Basic Terminologies

The Medium is the general category of available


Reach is a measure of the number of different delivery systems, which includes broadcast media (like TV
and radio), print media (like newspapers and magazines),
audience members exposed at least once to a media direct mail, outdoor advertising, and other support media.
vehicle in a given period of time.
The Media Vehicle is the specific carrier
Coverage refers to the potential audience that within a medium category. For example, Time and
might receive the message through a vehicle. Newsweek are print vehicles; 20/20 and 60 Minutes
Coverage relates to potential audience; reach refers are broadcast vehicles.
to the actual audience delivered.

Frequency refers to the number of times the


receiver is exposed to the media vehicle in a specified
period.
Problems in Media Planning
Inconsistent Terminologies
Standard of media measurement is not consistent
Print media (cost per thousand) vs broadcast
media (cost per rating)
Time Pressures
Advertisers hurriedness leads to ineffective
planning and analysis of media selection
decision

Insufficient Information
Some info cannot be measured
Some are expensive to measure
Time of measurement is a problem

Difficulty Measuring
Effectiveness
Measuring effectiveness of Ad and promotion
and media selection is critical as no perfect
recipe
Developing a Media Plan
2. Establishing 3. Media Strategy
1. Market Media Development &
Analysis Objectives Implementation

The media mix


To whom we will analyze? Target market coverage
Index number
Geographic coverage
What internal & external factors may Scheduling
influence media plan? Reach and frequency
Brand Development Index (BDI) Recency
When & where we should focus our efforts? Creative aspects and mood
Geographical consideration( sales may be stronger in one area than other, so allocate
ad expenditure according to that)
Flexibility
Brand Development Index (BDI)– specific brand Budget
Category Development Index (CDI)– total product category
Market Analysis
To Whom Shall We
Advertise?

Index Number
Percentage of users
in a demographic segment
Index = X 100
Percentage of population
in the same segment
Market Analysis
Where Should We Advertise?

Brand Development Index


Percentage of brand to total
U.S. sales in market
BDI = Percentage of total U.S. X 100
population in market

The higher the index number, the more market


potential exists. In this case, the index number
indicates this market has high potential for brand
development
Market Analysis

Category Development Index


Percentage of total product
category sales in market
CDI = X 100
Percentage of total U.S.
population in market

The CDI provides information on the potential for


development of the total product category rather
than specific brands.
Establishing Media Objectives

An example of media objectives is this: Create awareness in the target


market through the following:

Use broadcast media to provide coverage of 80 percent of the target market over a
six-month period.

Reach 60 percent of the target audience at least three times over the same six
month period.

Concentrate heaviest advertising in winter and spring, with lighter emphasis in summer
and fall.
The Media Mix

 For visual demonstration of a product- TV may be the


most effective medium. If the promotional strategy calls
for coupons to stimulate trial, it will need the print
medium. For in depth-information, Internet may be the
best medium.
 Each medium contributes its own distinct advantages.
 By combining multiple media, marketers can maximize
coverage, reach, and frequency levels while improving the
likelihood of achieving overall communications and
marketing goals.
Target market coverage
 The media planners determine which target market should receive
the most media emphasis.
 The optimum goal is full market coverage but this is a very
optimistic scenario. More realistically, partial market coverage and
coverage exceeding market are more likely to occur.
 The overexposure (coverage exceeding market) is also known as
waste coverage where media coverage exceeds the targeted
audience. If media coverage reaches people who are not targeted,
then it is wasted.
 The goal of the media planner is to extend media coverage to as
many members of the target audience as possible while minimizing
the amount of waste coverage.
Marketing coverage possibilities
Geographic coverage
 Geographically media coverage and promotion should be done according
to the areas where product/service is more popular.

Scheduling
 The primary objective of scheduling is to time promotional efforts so that
they will match with the highest potential buying times.
 For some products, these times are not easy to identify, for others they are
very obvious.
Three Scheduling methods
1. Continuity schedules keep the brand exposed to consumers throughout the year. So
there is a continuous pattern of advertising, which may mean everyday, every week or
every month.
For example, advertising for goods consumed on a daily basis like food products,
2. Flighting schedules employ a less regular schedule. It involves spending money at
just certain times of the year and with no advertising at other times.
For seasonal products, such as winter body lotion, snow removal equipment etc.
3. Pulsing schedules is actually a combination of the first two methods. It involves
continuous advertising during the entire year with bursts of higher intensity at specific
times. For example, advertising of fruit juices, Tang during Ramadan when some
products are more consumed compared to the rest of the year.
Three methods of promotional scheduling
Reach and frequency
Reach
 Advertisers must decide whether to have the message be seen or heard by
more people
 How much reach is necessary?
 Achieving awareness requires reach that is exposing potential buyers to
the message. New brands or products require very high level of reach,
since the objective is to make all potential buyers aware of the new entry.
High reach is also desired at later stage of hierarchy. For example, at the
trial stage of adoption hierarchy, a promotional strategy must use coupons
or free samples.
 The objective is to reach large number of people with these samples, make
them learn about the product, try and develop favorable attitudes toward
it, ultimately leading to purchase.
Reach and frequency

 What frequency level is needed?


 Frequency is the number of times one is exposed to the
media vehicle in a specified time period, not necessarily to
the ad itself.
 Marketers have always known that everyone who is watching
the program is not going to stay in the room to watch the
commercials. Some will even skip ads.
 The objective is to make people stay in the room and watch
ads so marketers continuously seek to find ways to do so.
Reach and frequency

 Gross Ratings Points (GRP): a summary measure that


combines the program rating and the average number of times
the people are reached during this period (frequency of
exposure) is a commonly used reference point known as GRP.
GRPs are based on the total audience the media schedule may
reach using a duplicated reach estimate.
GRP = Reach x Frequency
 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. Unlike GRP, TRP does not
include waste coverage.
Recency

The idea that one exposure to an ad had a


greater impact than additional exposures
did- if it was shown in the week
preceding a purchase.
Creative aspects and mood

 Creative aspects: It is possible to increase the success of a product


significantly through a strong creative campaign. And an effective medium
must be employed to implement that campaign.
 Mood: certain media enhances the creativity of the message because they
create a mood that carries over to the communication. For example, Travel
& Leisure magazines.
Flexibility
 An effective media strategy requires a degree of flexibility. Because of the rapidly changing marketing
environment, strategies need to be modified. Flexibility my be needed to address the followings:
1. Market opportunities: the development of a new advertising medium may offer an opportunity that was
not previously available.
2. Market threats: if a competitor changes its media strategy to gain an edge, other companies must respond
to this challenge.
3. Availability of media: companies should always have an alternative media planned in case of
unavailability of media time and space, inability to reach some geographic areas that certain media do not
reach.
4. Changes in media or media vehicles: cable TV and the Internet have led many consumer companies to
adopt this medium while a number of new technologies like smart phones, tablets have provided additional
options.
Budget considerations

Determining Relative Cost of Print Media

Cost per thousand (CPM): for years, the magazine industry had provided cost breakdowns on the
basis of cost per thousand people reached.

CPM = Cost of ad space (absolute cost) x 1,000 / Circulation

 Per page cost = $287,440


 Circulation = 3,250,000
 CPM = $88.44
Budget considerations
Determining Relative Cost of Broadcast Media
 Cost per ratings point (CPRP): the broadcast media provide a different
comparative cost figure, based on the following formula:

CRPP = Cost of commercial time / Program rating

 Cost per spot ad = $10,000 (CSI); $7,500 (Survivor)


 Rating = 18; 17
 CPRP = $555; $441.
Determining Newspaper Advertising Costs

Daily Inch Rate

Cost of ad space x 1,000


Circulation
Evaluation and follow-up

 It is important to measuring the effectiveness of


strategies being implemented and marketers must
consider two factors:
1. How well did these strategies achieve the media
objectives?
2. How well did this media plan contribute to attaining
the overall marketing and communication objectives?
 If the strategies were successful they should be used in
future plans. If not, their flaws should be analyzed.
THANK YOU

You might also like