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Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South- Western

Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

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Page 1: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Media Planning: Print, Television, and Radio

Chapter 15

© 2006 Thomson/South-Western

Page 2: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 14: Media Planning 2

Where are the 18-24 Year Olds Males?

1.Smallest audience in prime time TV2.Far less likely than female counter

parts to have heard of a brand from TV.

3.Media organizations (Spike TV, Bravo) creating programming for this target

4. So, where are you?

© 2006 Thomson/South-Western

Page 3: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 14: Media Planning 3

Which Media: Print, Television or Radio?

1. Great ads will fail if the media chosen do not reach the right audiences.

2. Newspapers and magazines have inherent advantages and disadvantages.

3. Broadcast media, TV and radio, also have inherent advantages and disadvantages.

© 2006 Thomson/South-Western

Page 4: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 4

Newspapers

• Newspapers– $48.2 billion spent on newspaper ads in

2004– Ideal for reaching narrow geographic area– Facing circulation declines

© 2006 Thomson/South-Western

Page 5: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 5

Newspaper Advantages

• Reach over 50% of households—150 million adults

• Geographic selectivity• Timeliness• Creative opportunities• Credibility• Audience interest• Cost

© 2006 Thomson/South-Western

Page 6: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 6

Newspaper Disadvantages

• Limited segmentation• Creative constraints• Poor reproduction• Cluttered environment• Short life

© 2006 Thomson/South-Western

Page 7: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 7

Types of Newspapers• Target Audience

– General Population– Business– Ethnic

• Geographic coverage– Metropolitan area– State– National

• Frequency of Publication– Daily– Weekly

© 2006 Thomson/South-Western

Page 8: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 8

Categories of Newspaper Advertising

• Display Advertising– Display advertising– Co-op advertising

• Inserts– Preprinted insert– Free-standing insert

• Classified Advertising

© 2006 Thomson/South-Western

Page 9: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 9

Costs and Buying Procedures for Newspaper Ads

• Rate Cards• Costs determined

by:– Size of ad– Use of color– Size of audience– Extent of coverage

• Space is sold in column inches or SAU sizes

• Rates lower for ROP (run of paper) rather than preferred position or full position.

© 2006 Thomson/South-Western

Page 10: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 10

Measuring Newspaper Audiences

• Circulation– Paid circulation– Controlled circulation

• Readership

© 2006 Thomson/South-Western

Page 11: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 11

Future of Newspapers• Survival of newspapers depends on ability to

evolve• In the future, newspapers will have to:

– Provide in-depth coverage of local issues– Increase coverage of national and international events– Provide follow-up reports of news– Maintain role as local source for consumer information– Become more mainstream in integrated brand

promotions relating to new media

© 2006 Thomson/South-Western

Page 12: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 12

Magazines

• Over $12 billion spent for advertising space in magazines annually in U.S.

• Magazines show diversity as a media class

© 2006 Thomson/South-Western

Page 13: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 13

Magazine Advantages and Disadvantages

• Advantages– Audience selectivity– Audience interest– Creative opportunities– Long life

• Disadvantages– Limited reach and

frequency– Clutter– Long lead times– Cost

© 2006 Thomson/South-Western

Page 14: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 14

Types of Magazines

• Consumer publications– Men’s Journal, Women’s Day, Ebony

• Business publications– American Family Physician, Forbes

• Farm publications– Successful Farming, Progressive Farmer

© 2006 Thomson/South-Western

Page 15: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 15

Costs and Buying Procedures for Magazines

• Costs determined by:– Circulation– Size of ad– Use of color– Position in publication

• Rates also vary for:– Bleed page– Gatefold ad– Run-of-paper

advertisement– Preferred position

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 16

Measuring Magazine Audiences

• Rates are based on guaranteed circulation– Stated minimum number of copies that will

be delivered to readers

• Publishers also estimate pass-along readership

• Estimates are verified by Audit Bureau of Circulations

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 17

Future of Magazines

• Last 15 years a roller coaster for magazines– Currently: revenues and ad pages are up– Advertisers find magazines useful

• Continued success requires– Adapting to new media options– A robust environment for mergers and

acquisitions in the industry

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 18

Television

• For many TV defines what advertising is

• In 2004 advertisers spent $68 billion on television

• Many more billions are spent on commercial production

© 2006 Thomson/South-Western

Page 19: Media Planning: Print, Television, and Radio Chapter 15 © 2006 Thomson/South-Western

Chapter 15: Print, Broadcast 19

Television Categories

• Network television• Cable television• Syndicated television

– Off-network syndication– First-run syndication– Barter syndication

• Local television• Satellite and closed-circuit television

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 20

Advantages of Television

• Advantages– Creative opportunities– Coverage, reach, and repetition– Cost per contact– Audience selectivity

• narrowcasting

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 21

• Disadvantages– Fleeting message– High absolute cost– Poor geographic selectivity– Poor audience attitude and attentiveness– DVR/TiVo– Clutter

Disadvantages of Television

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 22

Buying Procedures for Television Advertising

• Sponsorship• Participation• Spot advertising• Choosing a day-part

– Morning– Daytime– Early fringe– Prime-time access

– Prime time– Late news– Late fringe

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 23

Measuring Television Audiences

• Source for network and local audience information: – A. C. Nielsen

• Arbitron provides network information

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 24

Measures of TV Audiences

• Television households– Number of households in a market owning a

television

• Households using television (HUT)– Number of households tuned to a TV program in a

time period

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 25

Measures of TV Audiences

Program rating =TV households tuned to a program

Total TV households in the market

X Files rating =19,500,00

95,900,00 = 20 rating

• Program Rating– Percentage of TV households in a market that

are tuned to a program during a time period

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 26

Measures of TV Audiences

Program Share =TV households tuned to a program

Total TV households using TV

CSI Miami =19,500,00

65,000,000 = 30 share

• Share of Audience– Proportion of households using television

(HUT) in a specific time period that are tuned to a program

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 27

Future of Television• Future appears exciting• Interactive era will affect TV as an advertising medium• DVRs increase viewer satisfaction but may compromise advertising• Increase in direct broadcast by satellite• HDTV• Massive consolidation of media companies

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 28

Radio

• Radio categories– Radio networks– Radio syndication– AM versus FM– Satellite radio

• Types of radio ads– Local spot radio– Network radio advertising– National spot radio advertising

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 29

Radio Advantages and Disadvantages

• Radio advantages– Cost– Reach and frequency– Target audience selectivity

• Radio disadvantages– Poor audience attentiveness– Creative limitations

– Flexibility and timeliness– Creative opportunities

– Fragmented audiences– Chaotic buying procedures

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 30

Buying Procedures for Radio Advertising

• Ad time may be purchased from networks, syndications, or local radio stations• About 80% is placed locally• Radio has five basic day parts

– Morning drive time– Daytime– Afternoon/evening drive time– Nighttime– Late night

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 31

Measuring Radio Audiences• Average quarter hour persons

– Average number of station listeners in a 15-minute segment

• Average quarter-hour share– Percentage of total radio audience listening to a station during a specified 15-minute segment

• Average quarter-hour rating– Audience during a quarter-hour expressed as a percentage of the measurement area population

• Cume– Total number of different people who listen for at least five minutes in a 15-minute segment

© 2006 Thomson/South-Western

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Chapter 15: Print, Broadcast 32

The Future of Radio

• Subscription radio/satellite• Emerging technologies and new media• Consolidation

© 2006 Thomson/South-Western