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Learn about reach, frequency, and cost in media planning. Understand print and online ad terms, factors affecting ad rates, and media scheduling strategies. Enhance your advertising knowledge and maximize impact.
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3.08 Media Planning and Placement
Terms • Reach: number of people exposed at least once to an advertisement • Percentage of reach • Message exposures/target market • Frequency: number of times a person is exposed to an advertisement • Gross Ratings Point (GRP): • reach X frequency • Cost per GRP: • Cost/GRP
Impact • Impression an ad will make on the average consumer in a target market • Credibility • Prestige • Editorial environment of media vehicle • Qualitative factor
Sources of Reach Information • Nielson: television • Albritton: radio • Com Score: Internet • Audit Bureau Circulation: newspaper/magazines
Importance of Reach • Reach is the first step in brand awareness • New brands need high level of reach • Can’t be exactly sure how much reach is required
Print Advertisement Terms • Primary Circulation: number of copies distributed to original subscribers • Secondary Circulation: readers of publication that are not subscribers • Position Preferences: advertiser’s desire for front/middle/back of publication
Terms • Flat rates: no discounts offered for quantity buys • Sliding Scale Rates: discount offered to advertisers willing to purchase advertising space over a one-year period • Split runs: allows publishers of magazines to print different advertisements for the same product in alternating copies of the publication • Preferred position: space thought to attract the greatest audience attention • Volume Discount: lower price offered to frequent buyers of ad space
Terms • Spectaculars: outdoor advertising display that features neon or electric lighting, some moving parts, lavish colors, and/or unusual special effects • Direct mail: form of advertising using the mail as its form of distribution, reaches specific target market • Shared mail: direct-mail promotion from several mailers sent to the same list of individuals in order to share the costs of list rental and promotion
Terms • Cost Per Thousand (CPM): cost of exposing 1000 people to an ad • (Cost of ad x 1,000)/Audience • Cost Per Gross Rating Point: • Total Advertising Expense/Gross Ratings Point • Banner Ad: ad that is linked to a advertiser • Clickthrough: The process of clicking through an online advertisement to the advertiser's destination
Factors Affecting Cost of Newspaper Ad Rates • Paper circulation • Production costs • Position on page • Discounts • Audience demographics • Paper's credibility & reputation • Reproduction quality
Newspaper Advertising Rates • Flat rates • Sliding scale rates • Combination rates
Factors Affecting Cost of Magazine Ad Rates • Paid circulation • Magazine demographics • Special issues • Size of ad
Factors Affecting TV/Radio Ad Rates • Number of listeners/viewers reached; ratings of certain shows • Length of ad (10, 15, 30, 60 seconds) • Length of ad campaign • Time of day the ad is run • Package deals
Factors Affecting Outdoor Ad Rates • Visibility • Length of ad campaign
Factors Affecting Direct Mail Ad Rates • Price of postage • Size/weight of mailer • Geographic reach
Calculating Internet Advertising Rates • Ad size • Ad location • Ad performance • Market demand • CPM/CPC rates
Advance Ticket Sales Plans • Selling tickets prior to an event • Cover pre-event expenses • Supplies • Printing costs • Salaries
Media Scheduling Strategies • Continuous: regular, steady advertising • Flighting: used for seasonal products • Pulsing: used intermittently