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Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

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Page 1: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Advertising Media Selection

Chapter – 8 (Eight)Lecturer – Md Shahedur

Rahman

Page 2: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Introduction If a tree falls in the forest, and no one

is present, does it make a sound ? A Media Strategy is the processes of

analyzing and choosing media for an advertising and promotions campaign.

9 out of 200 magazines 3 radio stations Fewer than 8 television channels

Finding right places to speak to potential customers is a big challenge.

Page 3: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Planning Focus on Consumer Behavior .

Creates plans that reflect the consumer’s (or business’s) purchasing process.

Influence consumers in the marketplace .

Page 4: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Planners Formulates a media program stating

where and when to place advertisements.

Work closely with creative's, account executives, agencies and media buyers.

Select which media will be used.

Conduct research to help match the product with market and media.

Page 5: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Buyers Buy the space and negotiate rates,

times, and schedules for the ads.

Stay in constant contact with media sales representatives.

Got knowledge about rates and schedules.

Watch for special deal in media.

Larger agencies have greater bargaining power, but not always true.

Page 6: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Effectiveness of Advertisement Quality media choices (the right ones )

made by each agency.

Creativity

Financial Stewardship ( ‘Bang’ for your advertising buck ).

Agency culture and track record.

Computer systems to analyze data.

Relationships between the agency and the medium’s sales representative.

Page 7: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Advertising Objectives Reach

Frequency

Opportunity to see (OTS)

Gross rating point

Cost per rating point

Cost

Continuity

Impressions

Page 8: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Reach Number of people or households

that will be exposed to an advertising schedule at least once over a specified period of time (usually 4 weeks).

A person who sees the ad twice does not get counted twice, but only once.

Page 9: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Frequency Denotes the number of times

someone sees the ad

Average frequency refers to the average number of times a person or household is exposed to a schedule.

How many times did the person see the add during the campaign?

Page 10: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Opportunity To See (OTS) The cumulative exposure achieved in a given period of time

If a company places two ads on a television show that is televised weekly, then during a 4 week periods there are 8 OTS.

(4 shows X 2 Ads per show)

Page 11: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Gross Rating Points (GRP)

Measures the size of an audience reached by a specific media vehicle or schedule.

It is the product of the percentage of the target audience reached by an advertisement, times the frequency they see it in a given campaign.

For example, a TV advertisement that is aired 5 times reaching 50% of the target audience, it would have 250 (GRP = 5 × 50%) i.e., GRPs = frequency × % reach.

Page 12: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Determining Relative Cost of Media - CPM

Cost per thousand (CPM)

CirculationCost to Advertise

CPM = X 1,000

Page 13: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Calculating CPM Based on the TA

Page 14: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Ratings Ratings are a measure of Reach

110 million (MM) television households in the U.S., approximately equivalent to the total # of households in U.S.

Neilsen captures ratings data through Peoplemeters, diaries, surveys, etc. and publishes this data

1 Rating Point = 1% of television households exposed to program

= 110 MM x .01 = 1.10 million households exposed (roughly a million)

Example: 10 million households watch “Sherlock”. Sherlock’s rating is 10 MM / 110 MM = 9 points

Caveat: Rating % is always higher than % who viewed advertising

Page 15: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Nielsen’s People Meter

Page 16: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Determining Relative Cost of Media - CPP

CPP =Cost of Advertising

Program Rating

Cost per rating point (CPP)

Page 17: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Schedule Scheduling and Timing – These specify how media options are

scheduled over time. Among the strategy alternatives are

Flighting - periods of total inactivity

Continuous – advertising spread evenly through time

Pulsing – a continuous base augmented by intermittent bursts of heavy advertising

Page 18: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Scheduling and Timing

Continuity

Pulsing

Flighting

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Page 19: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Impressions The total exposures of the audience to an advertisment It doesn't take into consideration what percentage of the total

may or may not see the advertisement.

Page 20: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Three exposure Hypothesis Developed by Hebert Krugman Single exposure is not enough to remember. How many times a person must be exposed to an add before

it has impact. Some advertisers think three exposures are not enough Depend on your objective. E.g. Brand awareness is easier than building brand image.

Page 21: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Effective Frequency vs. Effective Reach Effective frequency refers to the number of times a target

audience must be exposed to a message to achieve a particular objective.

Effective Reach is the percentage of an audience that must be exposed to a particular message to achieve a specific objective.

Page 22: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Class Decisions Decision – allocating the budget over

various media, is one that is made on both quantitative and qualitative criteria.

Radio is suitable for reaching business commuters.

Television is seen as a mass medium.

Magazines and direct mails are better for well defined target segments

Page 23: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Class Decisions Television with both audio and visual – can make an

impact that simply is not possible in other media.

For other ads, when emotional or image advertising is needed, the impact created using print media is hard to match.

Outdoor and TV is not well suited for high factual content.

Magazines provide better color reproduction over newspaper.

Radio can involve the listener by getting him or her to use imagination to visualize stimuli.

Page 24: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Media Class Decisions Ads in TV and magazines take long lead times.

Radio and newspapers are more flexible in this matter – and they also cost less

When information needs to be transmitted rapidly to the target market, broadcast media (TV, radio) and newspapers will reach their targets almost immediately (called a fast cume) while magazines or direct mails may take much longer (called a slow cume)

Page 25: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Weekday Television Dayparts

Prime-Time Access 7:30 p.m.-8:00 p.m.

Late News 11:00-11:30 p.m.

Morning 7:00-9:00 a.m.

Early Fringe 4:30 p.m.-7:30 p.m.

Late Fringe 11:30-1:00 a.m.

Prime Time 8:00 p.m.-11:00 p.m.

Daytime 9:00 a.m.-4:30 p.m.

Page 26: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Target Audience

TargetMarket

Proportion

FullMarket

Coverage

PartialMarket

Coverage

CoverageExceeding

Market

Population excluding target market

Target market

Media coverage

Media overexposure

Page 27: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Reach

A. Reach of One Program B. Reach of Two Programs

C. Duplicated Reach of Both D. Unduplicated Reach of Both

Page 28: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman

Creativity in Media Planning It’s not a boring job of crunching numbers alone.

Timing and placement of ads can help clients save bundles, and create a tremendous effect on the ad performance.

Page 29: Advertising Media Selection Chapter – 8 (Eight) Lecturer – Md Shahedur Rahman
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How you will select Media when its Business to Business ?

How you will select media when you will enter into International Markets?

What is Guerilla Marketing ? What is Ambient Marketing ?