SlideShare a Scribd company logo
1 of 20
Download to read offline
MEDIA OBJECTIVES
AND STRATEGIES
Media Objectives & Strategies
             • Statement of Facts
  SWOT       • Marketing Objectives

             • Identify the Goal
  Media
Objectives
             • Define what is to be accomplished

             • How to Achieve the Goal
  Media
Strategies
             • Specific tactics
Writing Media Objectives
• Derived from the marketing objectives
• Must be measurable and actionable
• Backed by research
• Focus on the goal – define exactly what you want to do
  • What is to be accomplished?
• Objectives are interconnected, each affects the other


• Example: Over sixty percent of Brand X’s sales volume is
 derived from target audience A. The goal of this campaign
 is to increase the brand experience by 20% among target
 audience A. The campaign will reach over 1 million in 15
 markets using media A & B.
Writing Media Strategies
• Tells how to achieve the Media Objective
   • Integration between objective & strategy
• Be direct and to the point
• Include rationale
• Define data points (brand experience = ?)


• Example: We will launch the campaign in March with
 media A at a level of 350 GRPs. This level is appropriate
 for a new campaign launch. Media schedule includes
 programs A, C & D. In April, we will launch promotional
 campaign in top 5 markets.
6 Media Objectives & Strategies
Each requires an objective and strategy
• Target Audience & Media Mix
• Reach, Frequency & GRPs
• Scheduling & Timing
• Media Budget
• Geography
• Sales Promotion


• Internet Strategy – Covers any content requirements for
 the website.
                    See MFP pages 29-31 for examples of each
General guidelines
• “A brilliant media strategy is totally wasted unless it is
  communicated with brilliance”
• Keep it interesting, be direct
• Organization is key
  • Builds a better case by flowing logically
  • Helps with presentation
• Be specific; use numbers, percentages – not
  generalizations
• Use tables & charts when appropriate, but explain in
  preceding paragraph.

                       See MFP pages 34-35 for list of Dos and Don’ts
DETERMINING REACH
& FREQUENCY GOALS
Determining Reach & Frequency Goals
• How much reach is enough?
• Reach follows a curve that flattens as GRPs increase.
• Highest Reach – 99%
• Moderate Reach – 70% to 75%
• Lowest Reach – 50% to 60%
   • 50% is minimum for brand survival
   • Use flighting schedule to achieve a higher reach over a shorter
     period of time – avoid dilution of the media plan
Determining Reach & Frequency Goals
• How much frequency is enough?
• Once reach begins to plateau, frequency continues to
  increase.
• Highest Average Frequency – 12
  • Depending on creative, can run the risk of “wearout”
• Lowest Average Frequency – 2 to 3
   • Minimum frequency
• Ostrow Model – used to estimate effective frequency
  • Marketing Factors
  • Copy Factors
  • Media Factors
Ostrow Model
• Begin with 3.0 frequency
• Use questions in the model to determine a score to add or
  subtract from the benchmark
• Factors that increase frequency
  • New brand, low market share, complex copy, pulsed/flighted
    campaign, higher ad clutter in media mix
• Factors that decrease frequency
  • Established brand, high brand loyalty, simple copy, continuous
    media schedule

                        See MFP page 37 for Ostrow Model questions
Optimize Reach or Frequency?
        Optimize Reach               Optimize Frequency

•   Few competitors            •   Many competitors
•   Strong established brand   •   Less established brand
•   Brand leader in category   •   Low brand awareness
•   Infrequent purchase        •   Low involvement purchase
•   Continuous advertising         decision
    schedule                   •   Lower priced goods /
•   Powerful creative              services
•   Ad message easily          •   Strong competition in
    understood                     category
•   Major sales promotion      •   Complex ad message
    launch                     •   Flighted schedule
•   Seasonal peak for sales    •   Frequent purchase
CPM & CPP
CPM & CPP
• Used to compare costs across various media


CPM = (total cost / total impressions) x 1000
• Reported in dollars and cents
• Typically used for print and digital media


CPP = total cost / total GRPs
• Round to the nearest dollar
• Used for broadcast media
Using CPM / CPP to estimate budgets
• Situation: Client wants to know an estimate for what a 4
  week TV flight would cost in the Charlotte market
• Use CPP to estimate budget
  • Use CPP averages provided by stations or previous research
  • Estimate weekly GRP level (ex. 125 GRPs)
  • Multiply CPP by estimated weekly GRPs to get weekly budget
  • Multiply by number of weeks
• Use CPM to estimate digital budgets
  • Average CPM of digital banners
  • Multiply by impression level (in thousands)
• Same principle can be applied across several markets /
 dayparts / mediums
MEDIA MIX
Pros & Cons of Media Types
Media Mix
• Important to have an effective mix of media
• Increases reach & frequency
• Allows for multiple touchpoints
• Use research on target audience to drive media mix
  choices
• Think about “Day in the Life”
  • What media is important to the target?
  • Which media do they spend the most time with?
  • Which media are they influenced by?
Print

  Newspaper                    Magazines

        Pros                    Pros
        • Local targeting       • Demo / Content targeting
        • Immediacy             • Creative reproduction
                                • Longer shelf life


        Cons                    Cons
        • Production quality    • Long lead time (deadlines)
        • Cost                  • High CPM costs
        • Short shelf life
Broadcast

        TV               Radio
      Pros               Pros
      • High Reach       • High Frequency
      • High Impact      • Format
                           targeting


      Cons               Cons
      • Heavy clutter    • Limited to audio
      • Short air time   • Short air time
Out-of-Home (OOH)

        Billboards
          Pros
          • High frequency
          • High reach
          • Low CPM


          Cons
          • Short messaging
          • Hard to measure
          • High initial cost
QUESTIONS?

More Related Content

What's hot

Media concepts
Media conceptsMedia concepts
Media conceptsRbk Asr
 
Media planning process
Media planning processMedia planning process
Media planning processSANAL C.WILSON
 
Media planning and Buying
Media planning and BuyingMedia planning and Buying
Media planning and BuyingHimmat Patel
 
Advertisement media plan
Advertisement  media planAdvertisement  media plan
Advertisement media planDr.Aravind TS
 
Media planning
Media planningMedia planning
Media planningRbk Asr
 
Media terminology & basic calculations 1.16.13
Media terminology & basic calculations 1.16.13Media terminology & basic calculations 1.16.13
Media terminology & basic calculations 1.16.13Cassie Stox
 
Determining reach & frequency goals
Determining reach & frequency goalsDetermining reach & frequency goals
Determining reach & frequency goalsCassie Stox
 
Advertising agency and its functions
Advertising agency and its functionsAdvertising agency and its functions
Advertising agency and its functionsHarshita Tandon
 
Media planning
Media planningMedia planning
Media planningNidhi Vats
 
Chap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationChap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationPhoenix media & event
 

What's hot (20)

Integrated Marketing Communication
Integrated Marketing CommunicationIntegrated Marketing Communication
Integrated Marketing Communication
 
Media concepts
Media conceptsMedia concepts
Media concepts
 
Reach, frequency & impact
Reach, frequency & impactReach, frequency & impact
Reach, frequency & impact
 
L 10 Media Strategies and Media Planning
L 10 Media Strategies and Media PlanningL 10 Media Strategies and Media Planning
L 10 Media Strategies and Media Planning
 
Media planning process
Media planning processMedia planning process
Media planning process
 
Media planning and Buying
Media planning and BuyingMedia planning and Buying
Media planning and Buying
 
Advertisement media plan
Advertisement  media planAdvertisement  media plan
Advertisement media plan
 
Chapter 8 advertising-media-selection- additional
Chapter 8 advertising-media-selection- additionalChapter 8 advertising-media-selection- additional
Chapter 8 advertising-media-selection- additional
 
Media planning
Media planningMedia planning
Media planning
 
Media terminology & basic calculations 1.16.13
Media terminology & basic calculations 1.16.13Media terminology & basic calculations 1.16.13
Media terminology & basic calculations 1.16.13
 
Chap10 Media Planning And Strategy
Chap10 Media Planning And StrategyChap10 Media Planning And Strategy
Chap10 Media Planning And Strategy
 
Determining reach & frequency goals
Determining reach & frequency goalsDetermining reach & frequency goals
Determining reach & frequency goals
 
Media Planning
Media PlanningMedia Planning
Media Planning
 
Advertising campaign
Advertising campaignAdvertising campaign
Advertising campaign
 
Advertising agency and its functions
Advertising agency and its functionsAdvertising agency and its functions
Advertising agency and its functions
 
Media planning
Media planningMedia planning
Media planning
 
Chap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And EvaluationChap09 Creative Strategy Implementation And Evaluation
Chap09 Creative Strategy Implementation And Evaluation
 
Advertising media
Advertising mediaAdvertising media
Advertising media
 
Advertising media
Advertising mediaAdvertising media
Advertising media
 
Media planning
Media planning Media planning
Media planning
 

Viewers also liked

Out and About, Under the Influence
Out and About, Under the InfluenceOut and About, Under the Influence
Out and About, Under the InfluenceRoute
 
Swot analysis for idea ad and promotion strategy
Swot analysis for idea ad and promotion strategySwot analysis for idea ad and promotion strategy
Swot analysis for idea ad and promotion strategySai Mahesh
 
Adidas campaign analysis
Adidas campaign analysisAdidas campaign analysis
Adidas campaign analysisgrincha21
 
New product launch: Six steps for a social media win!
New product launch: Six steps for a social media win!New product launch: Six steps for a social media win!
New product launch: Six steps for a social media win!Socialab
 
WVU IMC Capstone Project - Spring 2015
WVU IMC Capstone Project  - Spring 2015WVU IMC Capstone Project  - Spring 2015
WVU IMC Capstone Project - Spring 2015Kristi Hansen
 
Girl Scouts of the USA Girl Zone IMC Plans Book
Girl Scouts of the USA Girl Zone IMC Plans BookGirl Scouts of the USA Girl Zone IMC Plans Book
Girl Scouts of the USA Girl Zone IMC Plans Bookknessner
 
Media planning, Components of media plan, Media Scheduling, Media Objectives,...
Media planning, Components of media plan, Media Scheduling, Media Objectives,...Media planning, Components of media plan, Media Scheduling, Media Objectives,...
Media planning, Components of media plan, Media Scheduling, Media Objectives,...Pooja Gurwani
 
Presentation on advertising execution styles
Presentation on advertising execution stylesPresentation on advertising execution styles
Presentation on advertising execution stylesNaveen Chopra
 
Types of Advertising & Execution Styles - MAR 3023 Topic Talk Presentation
Types of Advertising & Execution Styles - MAR 3023 Topic Talk PresentationTypes of Advertising & Execution Styles - MAR 3023 Topic Talk Presentation
Types of Advertising & Execution Styles - MAR 3023 Topic Talk PresentationBrandon Schuster
 
How to Determine the ROI of Anything
How to Determine the ROI of AnythingHow to Determine the ROI of Anything
How to Determine the ROI of AnythingGary Vaynerchuk
 
Go Viral on the Social Web: The Definitive How-To guide!
Go Viral on the Social Web: The Definitive How-To guide!Go Viral on the Social Web: The Definitive How-To guide!
Go Viral on the Social Web: The Definitive How-To guide!XPLAIN
 

Viewers also liked (17)

Out and About, Under the Influence
Out and About, Under the InfluenceOut and About, Under the Influence
Out and About, Under the Influence
 
Swot analysis for idea ad and promotion strategy
Swot analysis for idea ad and promotion strategySwot analysis for idea ad and promotion strategy
Swot analysis for idea ad and promotion strategy
 
Adidas campaign analysis
Adidas campaign analysisAdidas campaign analysis
Adidas campaign analysis
 
Media scheduling
Media schedulingMedia scheduling
Media scheduling
 
New product launch: Six steps for a social media win!
New product launch: Six steps for a social media win!New product launch: Six steps for a social media win!
New product launch: Six steps for a social media win!
 
WVU IMC Capstone Project - Spring 2015
WVU IMC Capstone Project  - Spring 2015WVU IMC Capstone Project  - Spring 2015
WVU IMC Capstone Project - Spring 2015
 
PRIZM
PRIZMPRIZM
PRIZM
 
Girl Scouts of the USA Girl Zone IMC Plans Book
Girl Scouts of the USA Girl Zone IMC Plans BookGirl Scouts of the USA Girl Zone IMC Plans Book
Girl Scouts of the USA Girl Zone IMC Plans Book
 
Media planning, Components of media plan, Media Scheduling, Media Objectives,...
Media planning, Components of media plan, Media Scheduling, Media Objectives,...Media planning, Components of media plan, Media Scheduling, Media Objectives,...
Media planning, Components of media plan, Media Scheduling, Media Objectives,...
 
Strategic Analysis Spring 2016 Under Armour
Strategic Analysis Spring 2016 Under ArmourStrategic Analysis Spring 2016 Under Armour
Strategic Analysis Spring 2016 Under Armour
 
Presentation on advertising execution styles
Presentation on advertising execution stylesPresentation on advertising execution styles
Presentation on advertising execution styles
 
Types of Advertising & Execution Styles - MAR 3023 Topic Talk Presentation
Types of Advertising & Execution Styles - MAR 3023 Topic Talk PresentationTypes of Advertising & Execution Styles - MAR 3023 Topic Talk Presentation
Types of Advertising & Execution Styles - MAR 3023 Topic Talk Presentation
 
What is media planning?
What is media planning?What is media planning?
What is media planning?
 
Copy Testing
Copy TestingCopy Testing
Copy Testing
 
Advertising Testing Techniques
Advertising Testing TechniquesAdvertising Testing Techniques
Advertising Testing Techniques
 
How to Determine the ROI of Anything
How to Determine the ROI of AnythingHow to Determine the ROI of Anything
How to Determine the ROI of Anything
 
Go Viral on the Social Web: The Definitive How-To guide!
Go Viral on the Social Web: The Definitive How-To guide!Go Viral on the Social Web: The Definitive How-To guide!
Go Viral on the Social Web: The Definitive How-To guide!
 

Similar to Media objectives and strategies 1.30.13

Advertising.sales promotion.pr chinhvm
Advertising.sales promotion.pr   chinhvmAdvertising.sales promotion.pr   chinhvm
Advertising.sales promotion.pr chinhvmNhà Bè Agri
 
The role of_media_in_advertising_to_present
The role of_media_in_advertising_to_presentThe role of_media_in_advertising_to_present
The role of_media_in_advertising_to_presentFCB Brandfirst Nigeria
 
Auditing Agency Performance 110109x
Auditing Agency Performance 110109xAuditing Agency Performance 110109x
Auditing Agency Performance 110109xShane Crombie
 
Everything you need to know about Sponsorship Marketing
Everything you need to know about Sponsorship MarketingEverything you need to know about Sponsorship Marketing
Everything you need to know about Sponsorship MarketingPartnercademy
 
Inserts nuts & bolts, 31st january 2013
Inserts nuts & bolts, 31st january 2013Inserts nuts & bolts, 31st january 2013
Inserts nuts & bolts, 31st january 2013Rachel Aldighieri
 
How to launch successful advertising campaign _mujeeb riaz
How to launch successful advertising campaign _mujeeb riazHow to launch successful advertising campaign _mujeeb riaz
How to launch successful advertising campaign _mujeeb riazMujeeb Riaz
 
Elements, role & socio economic effects of advt
Elements, role & socio economic effects of advtElements, role & socio economic effects of advt
Elements, role & socio economic effects of advtDr. Janardhan Juvvigunta
 
Elements, role & socio economic effects of advt
Elements, role & socio economic effects of advtElements, role & socio economic effects of advt
Elements, role & socio economic effects of advtJanardhan Juvvigunta
 
Marketing For Nonprofits Workshop
Marketing For Nonprofits WorkshopMarketing For Nonprofits Workshop
Marketing For Nonprofits WorkshopJohn Marek
 

Similar to Media objectives and strategies 1.30.13 (20)

Advertising.sales promotion.pr chinhvm
Advertising.sales promotion.pr   chinhvmAdvertising.sales promotion.pr   chinhvm
Advertising.sales promotion.pr chinhvm
 
Media planning
Media planningMedia planning
Media planning
 
Marketing Communications Second Lecture
Marketing Communications Second LectureMarketing Communications Second Lecture
Marketing Communications Second Lecture
 
Promotion
PromotionPromotion
Promotion
 
The role of_media_in_advertising_to_present
The role of_media_in_advertising_to_presentThe role of_media_in_advertising_to_present
The role of_media_in_advertising_to_present
 
Media Management Lecture-Media Plan W67.pptx
Media Management Lecture-Media Plan  W67.pptxMedia Management Lecture-Media Plan  W67.pptx
Media Management Lecture-Media Plan W67.pptx
 
Auditing Agency Performance 110109x
Auditing Agency Performance 110109xAuditing Agency Performance 110109x
Auditing Agency Performance 110109x
 
Everything you need to know about Sponsorship Marketing
Everything you need to know about Sponsorship MarketingEverything you need to know about Sponsorship Marketing
Everything you need to know about Sponsorship Marketing
 
Chapter 5
Chapter 5Chapter 5
Chapter 5
 
Media buying tamio 2015
Media buying tamio 2015Media buying tamio 2015
Media buying tamio 2015
 
Inserts nuts & bolts, 31st january 2013
Inserts nuts & bolts, 31st january 2013Inserts nuts & bolts, 31st january 2013
Inserts nuts & bolts, 31st january 2013
 
Leveraging Media Webinar PPT
Leveraging Media Webinar PPTLeveraging Media Webinar PPT
Leveraging Media Webinar PPT
 
How to launch successful advertising campaign _mujeeb riaz
How to launch successful advertising campaign _mujeeb riazHow to launch successful advertising campaign _mujeeb riaz
How to launch successful advertising campaign _mujeeb riaz
 
Elements, role & socio economic effects of advt
Elements, role & socio economic effects of advtElements, role & socio economic effects of advt
Elements, role & socio economic effects of advt
 
Elements, role & socio economic effects of advt
Elements, role & socio economic effects of advtElements, role & socio economic effects of advt
Elements, role & socio economic effects of advt
 
Media management post graduate Week 8.pptx
Media management post graduate Week 8.pptxMedia management post graduate Week 8.pptx
Media management post graduate Week 8.pptx
 
Aamir abbasi IoBM
Aamir abbasi IoBMAamir abbasi IoBM
Aamir abbasi IoBM
 
Marketing For Nonprofits Workshop
Marketing For Nonprofits WorkshopMarketing For Nonprofits Workshop
Marketing For Nonprofits Workshop
 
Bmgt 411 week_11
Bmgt 411 week_11Bmgt 411 week_11
Bmgt 411 week_11
 
Media
MediaMedia
Media
 

Recently uploaded

EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersPeter Horsten
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfASGITConsulting
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAScathy664059
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsKnowledgeSeed
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxappkodes
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingrajputmeenakshi733
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxRakhi Bazaar
 

Recently uploaded (20)

EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exporters
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Types of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdfTypes of Cyberattacks - ASG I.T. Consulting.pdf
Types of Cyberattacks - ASG I.T. Consulting.pdf
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAS
 
Introducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applicationsIntroducing the Analogic framework for business planning applications
Introducing the Analogic framework for business planning applications
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptx
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketing
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
 

Media objectives and strategies 1.30.13

  • 2. Media Objectives & Strategies • Statement of Facts SWOT • Marketing Objectives • Identify the Goal Media Objectives • Define what is to be accomplished • How to Achieve the Goal Media Strategies • Specific tactics
  • 3. Writing Media Objectives • Derived from the marketing objectives • Must be measurable and actionable • Backed by research • Focus on the goal – define exactly what you want to do • What is to be accomplished? • Objectives are interconnected, each affects the other • Example: Over sixty percent of Brand X’s sales volume is derived from target audience A. The goal of this campaign is to increase the brand experience by 20% among target audience A. The campaign will reach over 1 million in 15 markets using media A & B.
  • 4. Writing Media Strategies • Tells how to achieve the Media Objective • Integration between objective & strategy • Be direct and to the point • Include rationale • Define data points (brand experience = ?) • Example: We will launch the campaign in March with media A at a level of 350 GRPs. This level is appropriate for a new campaign launch. Media schedule includes programs A, C & D. In April, we will launch promotional campaign in top 5 markets.
  • 5. 6 Media Objectives & Strategies Each requires an objective and strategy • Target Audience & Media Mix • Reach, Frequency & GRPs • Scheduling & Timing • Media Budget • Geography • Sales Promotion • Internet Strategy – Covers any content requirements for the website. See MFP pages 29-31 for examples of each
  • 6. General guidelines • “A brilliant media strategy is totally wasted unless it is communicated with brilliance” • Keep it interesting, be direct • Organization is key • Builds a better case by flowing logically • Helps with presentation • Be specific; use numbers, percentages – not generalizations • Use tables & charts when appropriate, but explain in preceding paragraph. See MFP pages 34-35 for list of Dos and Don’ts
  • 8. Determining Reach & Frequency Goals • How much reach is enough? • Reach follows a curve that flattens as GRPs increase. • Highest Reach – 99% • Moderate Reach – 70% to 75% • Lowest Reach – 50% to 60% • 50% is minimum for brand survival • Use flighting schedule to achieve a higher reach over a shorter period of time – avoid dilution of the media plan
  • 9. Determining Reach & Frequency Goals • How much frequency is enough? • Once reach begins to plateau, frequency continues to increase. • Highest Average Frequency – 12 • Depending on creative, can run the risk of “wearout” • Lowest Average Frequency – 2 to 3 • Minimum frequency • Ostrow Model – used to estimate effective frequency • Marketing Factors • Copy Factors • Media Factors
  • 10. Ostrow Model • Begin with 3.0 frequency • Use questions in the model to determine a score to add or subtract from the benchmark • Factors that increase frequency • New brand, low market share, complex copy, pulsed/flighted campaign, higher ad clutter in media mix • Factors that decrease frequency • Established brand, high brand loyalty, simple copy, continuous media schedule See MFP page 37 for Ostrow Model questions
  • 11. Optimize Reach or Frequency? Optimize Reach Optimize Frequency • Few competitors • Many competitors • Strong established brand • Less established brand • Brand leader in category • Low brand awareness • Infrequent purchase • Low involvement purchase • Continuous advertising decision schedule • Lower priced goods / • Powerful creative services • Ad message easily • Strong competition in understood category • Major sales promotion • Complex ad message launch • Flighted schedule • Seasonal peak for sales • Frequent purchase
  • 13. CPM & CPP • Used to compare costs across various media CPM = (total cost / total impressions) x 1000 • Reported in dollars and cents • Typically used for print and digital media CPP = total cost / total GRPs • Round to the nearest dollar • Used for broadcast media
  • 14. Using CPM / CPP to estimate budgets • Situation: Client wants to know an estimate for what a 4 week TV flight would cost in the Charlotte market • Use CPP to estimate budget • Use CPP averages provided by stations or previous research • Estimate weekly GRP level (ex. 125 GRPs) • Multiply CPP by estimated weekly GRPs to get weekly budget • Multiply by number of weeks • Use CPM to estimate digital budgets • Average CPM of digital banners • Multiply by impression level (in thousands) • Same principle can be applied across several markets / dayparts / mediums
  • 15. MEDIA MIX Pros & Cons of Media Types
  • 16. Media Mix • Important to have an effective mix of media • Increases reach & frequency • Allows for multiple touchpoints • Use research on target audience to drive media mix choices • Think about “Day in the Life” • What media is important to the target? • Which media do they spend the most time with? • Which media are they influenced by?
  • 17. Print Newspaper Magazines Pros Pros • Local targeting • Demo / Content targeting • Immediacy • Creative reproduction • Longer shelf life Cons Cons • Production quality • Long lead time (deadlines) • Cost • High CPM costs • Short shelf life
  • 18. Broadcast TV Radio Pros Pros • High Reach • High Frequency • High Impact • Format targeting Cons Cons • Heavy clutter • Limited to audio • Short air time • Short air time
  • 19. Out-of-Home (OOH) Billboards Pros • High frequency • High reach • Low CPM Cons • Short messaging • Hard to measure • High initial cost