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Offering Media Alternatives. Evaluating and Selecting Media Vehicles. TV Target audience Rating Share Dayparts Reach Frequency CPP/Sec Advertising clutter Channel reputation Ad position Available discounts. Strengths. TV SWOT Analysis.
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Evaluating and Selecting Media Vehicles TV Target audience Rating Share Dayparts Reach Frequency CPP/Sec Advertising clutter Channel reputation Ad position Available discounts
Strengths TVSWOTAnalysis • Builds relationships with audience, has impact on different emotions: audial, visual and dynamic • Increases brand awareness because it provides fast and high level of reach. • Has effect in a short period of time • Persuasive medium • Part of home and have high impact within home • Measurable Weaknesses • High production cost • High clutter • Waste investment for small sized target audiences Threats Opportunities • Rise of digital media • Intense usage of competitors from the same product category • Sponsorship opportunities • Provides customized content for focused target audience
Evaluating and Selecting Media Vehicles Print Reach Net Sales Target Market Pass-along readers CPT Editorial features Special editions Color reproduction Geographic flexibility Positioning opportunuties Advertising clutter and product protection Advertising copy checking and product restrictions Response to coupons, information or recipes Available discounts
Evaluating and Selecting Media Vehicles Print Contd... Writing tone Reader respect Leadership in media class Believability
Newspaper SWOT Analysis Strengths • Give detailed information • Immediacy • Trustworthy relationship with newspaper/ trust attribution to brand • Regional flexibility in most of the countries • Reach in a short period of time • Flexibility in size, format and use of space Weaknesses • More target group oriented through the increase on newspaper sections and supplements • Complementary of other media • Provide more impact and recall for large sizes • Loyal readers of specific publications • Possibilty of low production quality • Short shelf life • High cost in the use of big and colorful advertisements Opportunities Threats • Fragmanted audiences • Circulations of some newspapers do not depend on sales • Clutter
Magazine SWOT Analysis Weaknesses Strengths • High reader participation for particular magazines/ interactivity • Relationship identified with the magazine • Long-lived messages • Detailed visual usage: More detailed information • Not easy to use as much as TV after making decision • Slow in building reach Threats Opportunities • Clutter • Variety and plurality of magazines • Coupon distribution for database support • Being subject-oriented: travel, music, cinema, sport • Adaptation of visual changes into the magazine content • Relationships through sponsorship, PR and advertorial content • Sampling
Evaluating and Selecting Media Vehicles Radio Target audience Format Reach Radio listenership Ad position Second price
Radio SWOT Analysis Strengths Weaknesses • High reach in breakfast time • Personal contact through favorite DJ’s and the programs with high participation • Flexibility • Ability to reach in a short time • Provides frequency • It can be background medium • Easy to be distorted, impossible to go back • Limited measurability • Difficult to have a long term reach • Special sponsorship opportunities: Breakfast time • Completing each other with TV: a good way to extend campaign duration with low budget • Opportunity to broadcast your advertisement before shopping time • Thematic channels for niche target audiences • Regional flexibility • Opportunity to listen in the car Opportunities Threats • Fragmentation • Clutter
Evaluating and Selecting Media Vehicles Cinema Ticket sales CPT Target audience Popularity of the films Places of the movie theaters Ad position
Cinema SWOT Analysis Weaknesses Strengths • Cinema packages • Foyer activities • Product placement in movie theaters • Low level of reach in total • High impact • Young audience • Long-term use Opportunities Threats • Video s and DVDs
Evaluating and Selecting Media Vehicles Outdoor Visibility Traffic flow Place Target audience CPT
Outdoor SWOT Analysis Strengths Weaknesses • Creative application opportunities • Innovation • Special printing techniques • Improvement of material quality • High impact • Closeness to point of sale • Branding medium • High level of reach and frequency • Long preparation phase • Expensive • Difficult to measure • No detail in advertisements • Difficulty in focusing a specific target audience Opportunities Threats • Used for competition • Difficulty in evaluating its impact
Ambient Media • New breed of out-of-home products and services determined by some as non-traditional or alternative media. • Can be used in conjunction with mainstream traditional media, or used equally effectively as a stand-alone activity. • Ambient media in a larger scale define the media environment and the communication of information in ubiquitous and pervasive environments. • Good for brand awareess and top of mind recall within target audeinces. • Ambient media can produce mass attention in centralized locations, or directly interact with consumers during normal every day activities.
Ambient Media Examples • Backs of car park receipts • Hanging straps in railway carriages • Handles of supermarket trolleys • Projecting huge images on the sides of buildings • Slogans on the gas bags of hot air balloons • ….
Evaluating and Selecting Media Vehicles Internet Target audience Impression Click through rate CPT
Key points in media buying and negotiation Negotiation Skills Media dynamics Objective of the buy Costs vary History of buying Media trends Good relations with media representatives Fair negotiation Last-minute opportunities Added value Mutual respect
Types of Media Buying Cpp/sec. or GRP based Package Bulk buying Stand by Barter
Factors in determining the size of an advertising budget Assesing the task of advertising Long and short term goals Profit margins Degree of product usage Difficulty in reaching target markets Frequency of purchase Effect of increased sales volume on production costs New product introductions Competitive activity
Setting the budget Main issues to know while setting the media budget Beginning of the marketing year Net budget Gross Budget includes agency commission and VAT. Gross Budget=Net Budget+Agency Com.+VAT
How much money is available for media? Ex: The client says they have 200.000USD. The budget is gross. What is the net budget?(AC is 15% including media agency and creative agency commission) Net Budget= 200.000/1.15/1.18=147.383USD
How much money is available for media? Ex: The client’s gross media budget is 75.000USD. What is the net budget?(AC is 3% including only media agency commission) Net Budget= 75.000/1.030/1.18=61.700USD
How much money is available for media? Ex: Media planner’s net newspaper budget is 25.000USD. What is the gross budget for the client?(AC is 3,5%) Gross Budget= 25.000*1.035*1.18=30.532USD
Calculating Budgets of Each Medium Measured channel: Tv Budget= cpp/sec. x GRP x Avg. Film Sec. Example: We are planning to get 800GRP in one month. Our cpp/sec. is 6,8USD, and our avg. film length is 15sec.What is our tv budget for measured channels? Tv budget= 6,8 x 800 x 15=81.600USD
Calculating Budgets of Each Medium Non measured channel Tv Budget= sec. price x Avg. film length x # of spots per day x # of days for non measured channels Example: We are planning to use NTV for 30 days with a 30 sec. advertising film. Second price for NTV is 7USD, and we will use 4 spots per day. What is the budget for NTV? Tv budget for NTV= 7 x 30 x 4 x 30=25.200USD
Calculating Budgets of Each Medium Newspaper Budget = price of one clm.cm. x clm*cm x # of insertions Example: We will use Hurriyet in our plan. One clm*cm for Hürriyet is 30USD. The size of our ad is 5clm*25cm. We will have 2 insertions in Hurriyet. What is the budget? Budget = 30 x 125 x 2=7500USD
Calculating Budgets of Each Medium Radio Budget = second price x radio spot second x # of spots per day x # of days Example: Sec. price for Power Fm is 10USD. We have a radio spot for 30sec. Our plan is using 5 spots per day for 20 days. What is the radio budget? Budget=10 x 30 x 5 x 20= 30.000USD
Calculating Budgets of Each Medium Outdoor Budget = unit price x no of bb. x # of weeks Example: One billboard costs 50USD for one week in Istanbul. We will buy 500 billboards for 2 weeks. What is the budget? Budget=50 x 500 x 2 =50.000USD
Calculating Budgets of Each Medium Internet budget= cost per thousand for planned impressions*(planned number of impressions/1000) Example: Cost per thousand impressions in Superonline movies web page is 2USD for a 300*250 pixel banner. What is the budget if we plan to get 1.200.000 impressions from this page? Budget= 2*(1.200.000/1000)=2.400USD
Calculating Budgets of Each Medium Example: We will advertise for Algida Magnum in May. Media mix we are planning to use is as follows: TV: Measured channels with 7,8USD cpp/sec, 850GRP, 30 sec advertising film; Non measured channels with 10USD for one second, 4 spots per day for 30 days. Outdoor: 200 Billboards for two weeks. Unit price for one billboard is 50USD Radio: Spot length:30 sec, one sec. price=5USD, 15 days, 5 spots per day Newspaper: 4clmn*25cm ad, 48 USD per one clmn*cm, 5 insertions What is our gross budget for Magnum in May if the agency commission is 3%?
Calculating Budgets of Each Medium Calculating the budget of each medium: TV: Measured channels: 7,8USD x 850GRPx 30sec. = 198.900 USD Non measured channels: 10USD x 30sec. x 4spot x 30days = 36.000 USD Outdoor: 200billboards x 50USD x 2weeks = 20.000 USD Radio: 30sec x 5USD x 15days x 5spots = 11.250 USD Newspaper: 4clmn x 25cm x 48 USD x 5 insertions = 24.000 USD Total net budget= 198.900 + 36.000 + 20.000 + 11.250 + 24.000 = 290.150 USD Gross budget = 290.150 x 1,030 x 1,18 = 352.648 USD