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MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

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MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ
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Page 1: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

MEDIA PLANNING AND STRATEGY

SHAMSUN NAHAR MOMOTAZ

Page 2: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Some Basic Terms and concepts

Media Planning: It is the series of decisions involved in delivering the promotional message to the prospective purchasers and/or users of the product or brand.

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It is the guide for media selection. It requires development of specific media objectives and specific media strategies (plans of action) designed to attain these objectives.

Once the decisions have been made and the objectives and strategies formulated, this information is organized into the media plan.

Page 4: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Medium

Medium is the general category of available delivery systems, which includes –

-print media (newspaper, magazines, direct mail),

-broadcast media (radio, TV),

-display media ( billboards, signs, posters ),

-online media ( e-mail, web sites)

Page 5: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Media vehicle

Media vehicle is the specific carrier within a medium category.

Ex: Times is print vehicle.

Page 6: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Reach:

Reach: is a measure of the number of different audience members exposed at least once to a media vehicle in a given period of time. It relates to the actual audience delivered.

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Coverage: it refers to the potential audience that might receive the message through a vehicle. It relates to potential audience.

Frequency: It refers to the number of times the receiver is exposed to the media vehicle in a specified period.

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PROBLEMS IN MEDIA PLANNING

1. Insufficient information: Some data of market and media can not be measured because measuring them would be too expensive.

The timing of measurement is also a problem as some audience measures are taken only at specific times of year.

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This information is then generalized

to succeeding months which might

not reflect current behaviors.

Sometimes small advertisers may

not be able to afford to purchase the

information they require.

Page 10: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

2. Inconsistent Terminologies

The costs bases used by different media often vary and the standards of measurement used to establish these costs are not always consistent.

Ex: Print media may present cost data in terms of the cost to reach a thousand of people but the broadcast media may present cost per rating points.

Page 11: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

3. Time pressures

Advertisers are always in a hurry-

sometimes because they need to be,

other times they need to be. These

types of urgency dictates time

pressures. In either situation,media

selection decisions may be made

without proper planning and analyses

of the markets and/or media.

Page 12: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

4. Difficulty measuring effectiveness

It is so hard to measure the effectiveness of advertising and promotions. It is also difficult to determine the relative effectiveness of various media or media vehicles.

Page 13: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Developing the Media PlanMarket

Analysis

Establishment of

Media objectives

Media strategy development and implementation

Evaluation and Follow-up

Page 14: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Step 1: Market Analysis and Target Market IdentificationThe key questions are:

1. To whom shall we advertise?: the media planner has to work with the client, account representative, marketing department and creative directors. He need to collect data from Primary research or from secondary sources.

The index number is considered as a good indicator of the potential of the market. The number is:

Page 15: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Percentage of users in a demographic segment

Percentage of population in the same segment

2. What internal and external factors are operating?

Media strategies are influenced by both internal and external factors operating at any given time. internal factors may involve the size of the media budget, managerial and administrative capabilities, organization of the agency etc, . External factors may involve the economy (the rising costs of media), changes in technology (the availability of new media), competitive factors etc,.

X 100Index:

Page 16: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

3. Where to promote?It relates to geographic considerations.companies

often find that sales are stronger in one area of the

country or the world than another and may allocate

advertising expenditures according to the market

potential of an area. So the firm should spent

advertising and promotion dollars where they will be

the most effective-that is in those markets where they

will achieve the desired objectives.

Page 17: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Step 2: Establishing Media Objectives:Media objectives are designed to lead the attainment of

communications and marketing objectives. These are the goals for the media program and should be limited to those that can be accomplished through media strategies.

Ex: Create awareness in the target market through the following:

Use broad cast media to provide coverage of 80% of the target market over a six-month period,

Reach 60% of the target audience at least 3 times over the same six months period.

Concentrate heaviest advertising in winter and spring with lighter emphasis in summer and fall.

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Step 3: Developing and implementing Media Strategies At this stage the media planner consider how to achieve the objectives. He/she develop and implement media strategies which evolve directly from the actions required to meet objectives and involve the following criteria:

a. The media mixb. target market coveragec. Geographic coveraged. Schedulinge. Reach vs. frequencyf. Creative aspects and moodg. Flexibility andh. Budget considerations.

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a. The Media Mix A wide variety of media and media vehicles are

available to advertisers. To determine what combination of media will be used following factors should be considered:

The objectives sought the characteristics of the product and service the size of the budget individual preferences etc,

Ex:To be communicated effectively if a product requires a visual demonstration, TV ,ay be the most effective medium.

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By combining media marketers can increase coverage, reach and frequency levels while improving the likelihood of achieving overall communications and marketing goals.

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b. Target Market Coverage The media planner determines which target

markets should receive the most media emphasis. Through which media and media vehicles can he/she best get the message to prospective buyers?

His goal is to extend media coverage to as many of the members of the target audience as possible while minimizing the amount of waste coverage. (waste coverage means overexposure where media coverage exceeds the targeted audience.)

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The situation usually involves trade-offs. Sometimes one has to live with less coverage than desired. Sometimes waste coverage is justified as the media employed are likely to be the most effective means of delivery available and the cost of the waste coverage is exceeded by the value gained from their use.

Ex: Football programs are considered a good media buy because the ability to generate market coverage outweighs the disadvantages of high waste coverage.

Page 23: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

c. Geographic Coverage

Some products are much more popular in some areas of the country than in others.

Ex: Loitta Fish in Chittagong. The media planner has to weight certain

geographic areas and the strategy of exerting more promotional efforts and dollars in this areas.

Page 24: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

d. The Scheduling The primary objective is to time promotional

efforts so that they will coincide with the highest potential buying times. For some products these times are not easy to identify; for others they are vary obvious. Three scheduling methods are available to the media planner:

1. Continuity2. Flighting3. Pulsing

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Continuity It refers to a continuous pattern of advertising,

which may mean every day, every week or every month.

It may be used for food products, laundry detergents or other products consumed on regular basis.

Advantages: * it serves as a constant reminder to the consumer.* covers the entire buying cycle.* allows for media priorities ex: quantity discounts,

preferred locations etc,

Page 26: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

• Disadvantages:

* Higher costs

* Potential for overexposure

* Limited media allocation possible.

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Flighting It employs a les regular schedule with intermittent

periods of advertising and non-advertising. At some periods there are heavier promotional expenditures and at others there may be no advertising.

Ex: The ad of ice cream is heavily shown in summer season , but not in winter season.

Advantages: * Cost efficiency of advertising only during purchase

cycles.* May allow for inclusion of more than one medium

or vehicle with limited budgets.

Page 28: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

* Disadvantages:

* Increased likelihood of wearout.• Lack of awareness, interest, retention of

promotional message during nonscheduled times.

• Vulnerability to competitive efforts during nonscheduled times.

Page 29: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Pulsing It is actually a combination of the first two

methods.. Here continuity is maintained but at certain times promotional efforts are stepped up.

Ex: In the electronics industry, ad continues throughout the year but may increase on eid seasons.

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Advantages:

* All of the same as the previous two methods.• Disadvantages:

* Not required for seasonal products.

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Reach vs. Frequency

Since advertisers have a variety of objectives and face budget constraints, they usually must trade off reach and frequency.

How much reach is necessary?

Achieving awareness requires reach-that is exposing potential buyers to the message. New brands or products need a very high level of reach. High reach is also desired at the latter stages.

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But there is no known way of determining how much reach is required to achieve levels of awareness, attitude change or buying intentions, nor can be sure an ad placed in a vehicle will actually reach the intended audience.

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What frequency level is needed?While an ad is placed in a certain vehicle, the

fact that a consumer has been exposed to that

vehicle does not ensure that the ad has been

seen.

See the figure 10-18.

Page 34: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Establishing the reach and frequency objectives: If one ad is placed on one TV show one time, the number of people exposed is the reach. If the ad is placed on two shows, the total number of people exposed once is the unduplicated reach. Some people will see the ad twice. The total reached with both shows is the duplicated reach.

Both duplicated reach and Unduplicated reach is important. Unduplicated reach indicates potential new exposures and the duplicated reach provides an estimate of frequency. Most media buys include both forms of reach.

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Gross rating points:GRP= Reach X FrequencyIt is the measure that combines the program

rating and the average number of times the home is reached during this period (frequency of exposure).

Target rating points (TRP): It refers to the number of people in the primary target audience the media buy will reach and the number of times.

Page 36: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Creative Aspects and Mood

Creative Aspects: It is possible to increase the success of a product significantly through a strong creative campaign. But to implement this creativity, we must employ a medium that will support such a strategy.

Mood: Certain media enhance the creativity of a message because they create a mood that carries over to the communication. Ex: think about the moods created by the following magazines: Commuter Zagot, Anondo Binodon etc,

Page 37: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Flexibility

An effective media strategy requires a degree of Flexibility. Flexibility may be needed to address the following:

1. Market opportunities

2. Market threats

3. Availability of media

4. Changes in media or media vehicles.

Page 38: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Budget Considerations The marketer tries to arrive at optimal delivery

by balancing cost reach, frequency etc,. Advertising and promotional costs can be

categorized in two ways:

1. The absolute cost of the medium or vehicle is the actual cost required to place the message. Ex: a full-page four color ad in Newsweek magazine costs about $ 183000.

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2. The relative cost refers to the relationship between the price paid for ad time or space and the size of the audience delivered; it is used to compare media vehicles.

Following cost bases can be used: Cost per thousand (CPM): For the

magazine, the basis is cost per thousand people reached.

CPM= Cost of ad space X 1000

Circulation

Page 40: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Cost per rating point (CPRP): For broadcast media cost per ratings points.

CPRP= Cost of commercial time

Daily inch rate: For newspapers.

Program rating

Page 41: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

Step 3: Evaluation and Follow-up Marketers need to know whether the objectives are

successful. Measure of effectiveness must consider two factors:

1. How well did the strategies achieve the media objectives?

2. How well did the media plan contribute to attain the overall marketing and communications objectives?

If the strategies were successful, they should be used

in future plans. If not , their flaws should be analyzed.

Page 42: MEDIA PLANNING AND STRATEGY SHAMSUN NAHAR MOMOTAZ.

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