Marketing 345 - Media Planning and Buying Chapter 1 - Introduction - Goal of the class - Review of syllabus - Expectations Goal of All Advertising – Get consumers to buy your product and to continue to buy your product. Media – A message delivery system - The way to distribute your product message - Where / How consumers find out about your product Media Planning - Part of bigger marketing picture - Determine
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MEDIA PLANNING The largest category in your advertising budget is likely to be your media costs--the dollars you spend for air time on radio or for ad space in newspapers‚ magazines‚ and more. Because of this‚ it makes sense to have a sound plan to manage that investment. You’ll want to set goals. You’ll want to describe strategies for achieving them. You’ll have to organize the day-to-day tasks of carrying out the strategies. The tool you’ll need to do this is a media plan that begins with an overview
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Lecture 8: Media Selection Knowledge of media options The Media Process The Media Selection process Against clear objectives and the specific parameters (Budget‚ timing ‚ regionality‚ seasonality etc) we need to go to our “armory of weapons” to determine those most appropriate. Seven Guidelines of Media Selection 1) objectives and goals will have the most influence on media selection 2) budget plays a major role often precluding first choice media 3) deploying all your
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Chapter 3 Quantitative media measurements In the last chapter‚ we outline the process of media planning. When a media planner has made decisions on reach‚ frequency and continuity‚ s-he will proceed to select media and media vehicles. To measure the media performance of a media plan‚ we will approach it in both qualitative and quantitative ways. Qualitative factors refer to the general characteristics of the media that are often subjective‚ such as intrusiveness‚ demonstration power‚ sound
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Media planning is generally the task of a media agency and entails finding media platforms for a client’s brand or product to use. The job of media planning involves determining the best combination of media to achieve the marketing campaign objectives. In the process of planning the media planner needs to answer questions such as: How many of the audience can be reached through the various media? On which media (and ad vehicles) should the ads be placed? How frequent should the ads be placed
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Media Buying Agencies ThinkingJuice – Media Buying Agency - slogan The advertising business has placed a control of knowledge on media planning‚ buying and research. Around 2000 of all the main London Advertising Agencies had separate media buying and planning functions. During past thirty years Media buying agencies took all the media-buying away from the traditional agencies and now they virtually conduct all the planning and researches. (Winston Fletcher‚ Powers of Persuasion: The inside story
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“Whoever controls the media controls the culture.” – ALLEN GINSBERG‚ POET “Information is the oxygen of the modern age.” – RONALD REAGAN‚ US PRESIDENT Media Today “Your TV is ringing.” Maybe you saw the Verizon ad that shows a cellphone with a TV attached to it—pointing out that you can talk on the phone and watch TV at the same time‚ on one piece of equipment. If you saw it‚ you might have said‚ “cool‚” or “I want that‚” or “what a ridiculous thing to do.” But Verizon could have gone further
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Media is all around us‚ sometimes without us even noticing it. It is our morning newspaper‚ our favorite TV show‚ the radio on the way to work‚ the billboard next to the highway‚ it is everywhere and it is impossible to escape from it. Individuals utilize media to further their own interests. Media has been rapidly changing‚ adapting‚ modifying. New media is what is referred to more commonly as digital media. It involves things such as CD’s‚ virtual reality‚ the internet‚ digital photography‚ etc
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Media: Most of the budget First‚ advertising media take up most of the advertising budget. Media time and space are expensive: in a typical advertising campaign‚ the media costs account for 80 to 85 percent of the advertising budget; the remaining 15 or 20 percent covers research‚ message‚ production‚ evaluation‚ and profits for the advertising agency. Advertising media control the bulk of adverting budget‚ therefore they spend sufficient time and efforts making sure that the media plans are
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2) Merkley + Partners: Merkley + Partners is New York based Company. M+P is an agency without boundaries. 18 years ago‚ the company was founded by an account person‚ a strategic planner and a creative person. They never were a traditional‚ linear-thinking agency. Their work is the sum of strategy + creative + media working together to develop solutions. They say that ‘In a world where technology has broken down all of
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