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10. Media Planning and Strategy. Developing a Media Plan. Analyze the market. Establish media objectives. Develop/implement media strategy. Evaluate performance. 10- 2. Using Index Numbers. Index Number. Percentage of users in a demographic segment. X 100. Index =.
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10 Media Planning and Strategy
Developing a Media Plan Analyze the market Establish media objectives Develop/implement media strategy Evaluate performance 10-2
Using Index Numbers Index Number Percentage of users in a demographic segment X 100 Index = Percentage of population in the same segment 10-3
Using the Brand Development Index Brand Development Index Percentage of brand to total U.S. sales in market BDI = X 100 Percentage of total U.S. population in market 10-4
Using the Category Development Index Category Development Index Percentage of total product category sales in market CDI = X 100 Percentage of total U.S. population in market 10-5
Using BDI and CDI 10-6
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 10-7
Scheduling Methods Continuity Flighting Pulsing Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 10-8
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 10-9
Marketing Factors Determining Frequency Brand Loyalty Brand Share Usage Cycle Brand History Share of Voice Purchase Cycles Target Group Marketing Factors 10-10
Message Factors Determining Frequency Message Complexity Message Uniqueness New vs. Continuing Campaigns Image Versus Product Sell Message Variation Wearout Advertising Units Message or Creative Factors 10-11
Media Factors Determining Frequency Clutter Scheduling Repeat Exposure Attentiveness Editorial Environment Number of Media Used Media Factors 10-12
Determining Relative Cost of Print Media Cost per thousand (CPM) Cost of ad space (absolute cost) CPM = X 1,000 Circulation 10-13
Determining Relative Cost of Broadcast Media Cost per rating point (CPRP) Cost of commercial time CPRP = Program rating 10-14
Determining Newspaper Advertising Costs Daily Inch Rate Cost of ad space x 1,000 Circulation 10-15