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IBM3072_06_mediaplanning1.pptx

Promotional Strategies

IBM 4052

ELIF OZKAYA

Media, Messages and Readers

Medium is the message (McLuhan)-not an empty vessel

Twitter –Arap spring; power to enable revolutions

US Presidents social media campaigns

Target Market

A target market is the market place for a particular product or service comprising existing customers, and prospect customers (who will use/enjoy) a particular product or service.

Market Research Resources

Market Research Companies that Provide Detailed Consumer Behavioral Analytics

CPP has access through library.

Looking at the Market Place Retail Sales Reporting

Experian Consumer Insights –credit scores

(www.experian.com/marketing-services/marketing-services.html)

IRI (www.iriworldwide.com) –retail market intelligence.

Market Decisions Research (www.marketdecisions.com) –survey company

Nielsen (www.nielsen.com)

SportScanINFO (www.sportscaninfo.com)

The NPD Group (www.npd.com)

Target Audience

A target audience is the intended audience or readership of a publication, advertisement, or other message.

Media Vehicle Information- Media Kits

Media Kits

Rate cards

Media Intelligence data bases-syndicated research

Individual media measure companies.

Media Vehicle Information- Media Kits

Media Vehicle Information- Media Kits

Media Vehicle Information- Media Kits

Suppliers of Syndicated Media Research

Neilsen Audio (formerly Arbitron)-radio

Nielsen TV

Kantar Media

Comscore Media Metrix reports

Audit Bureau of Circulation

Marketing Evaluations-tv programs, celebrities, social TV monitor (Qscores)

Hitwise-desktop, tablet, smartphones

The Technologies Used For Audience Measurement

USE SURVEYS (self-report =relies on recall)

Paper

Telephone Interviews

Personal Interviews

Mobile (web-enabled)

The Technologies Used For Audience Measurement

DIARIES (self=report relies on recall)

My Media Diet

The Technologies Used For Audience Measurement

METERS-non intrusive, don’t rely on human memory

Set top box TV logger (TV at home)

Cost efficient

Installation very easy

Does not rely on recall

Holiday homes?

Portable People Meter (Radio)

Worn like a pager

Listens and reports audio signals

Mediawatch

TV (out of home)

Radio (at home, out of home)

Cinema

DATA CENTRAL

Data for Analysis

The Technologies Used For Audience Measurement

COOKIES

WEB BEACONS

1x1 clear image GIF

Source points to a site to retrieve the image

IP number, duration and browser info recorded

Can delete/block cookies but not beacons!

The Technologies Used For Audience Measurement

Audience Measurement for each medium

National TV:

people’s meter (w/ 5,000 homes)

Nielsen Media Research

Who, what, how long, when

Local TV:

Diary in all 210 DMAs (Designated Market Areas, “TV markets”)

Diary + meter in top 53 DMAs

Nielsen+ GFK

DMAs: a group of counties that get the majority of their TV viewing from the same home market. (e.g., Baltimore DMA)

Radio:

Diary in 270 radio markets

Nielsen PPM (portable people meter) GfK Mediawatch

Magazines

Recent-reading techniques w/ in-person interview and a long questionnaire about their product use

Mediamark Research Inc. (MRI)

Newspapers

Yesterday reading (“Which NP did you read yesterday?” typically use circulation figures)

ABC: Audit Bureau of Circulation

Audits and reports the circulation of various publications

Audience Measurement for each medium

Internet

Use national sample of 60,000 respondents

Measure the number of visitors, how long people stay in each page, how far they go, how many times they return

Nielsen/NetRatings

ComScore

Out-of-Home

the number of cars passing each billboard on the average day (“daily circulation”)

Traffic Audit Bureau

Audience Measurement for each medium

Paid, Owned and Earned Media

Paid: Brand pays to leverage a channel

Owned: Brand controls the channel

Earned: Brand has consumers/companies become the channel.

Terminology

REACH

Effective Reach: Reach is the number or percent of different homes or persons exposed at least once to an advertising schedule and/or program over a specific period of time. Reach excludes duplication.

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Terminology

FREQUENCY

Effective Frequency: Frequency is the number of times that the average household or person is exposed to the schedule among those persons reached in the specific period of time.

Because it is an average frequency, dispersion of frequency of exposure will differ between specific schedules and daypart mixes. Effective frequency is the desired level of multiple exposures deemed minimal for producing effective awareness levels.

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Terminology

GRP and TRP

GRPs and TRPs: The aggregate total (the sum) of the ratings of Household ratings is called Gross Rating Points or GRPs. The sum of the ratings of a specific demographic segment (example, Adults 18-49) may be called Target Audience GRPs or more simply TRPs. The term GRPs is generic and may refer to household GRPs or to specific target segment GRPs, but know the difference just in case.

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PRINCIPLES FOR VEHICLE SELECTION

It’s media planner’s responsibility to find a medium

With an optimum amount of frequency (or repetition)

At the lowest cost per thousand prospects reached (cost efficiency)

With a minimum of waste (or nonprospects),

In the right timeframe

Within a specified budget

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Trade of between largest audience reach & cost

Of all the media decisions, one of the most important is selecting individual vehicles. Planners tend to select one or more vehicles that effectively reach an optimum number of prospects:

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Media Vehicle Selection Principles

Ratings

Represents an estimate of the audience that has viewed a program or has tuned in to a program during a specific time period

Percentage of TV households viewed a particular TV show or radio program

HUT (Households using Television)

The total percentage of homes in a market that are watching television at a given point

HUT=

Number of HUT will be the same throughout a day?

MEASUREMENT BASICS

Number of TV households watching a show)

total TV households in the U.S.

Rating =

X 100

total TV households in the U.S.

TV Households Turned on TV

Share: The percentage of HUT (TV using homes) tuned to a particular program

Share=

Households tunes to Program (or channel)/Households using Television

more accurate picture for TV viewing audience data?

rating is the major criteria that the advertising and broadcasting industries use in most cases.

MEASUREMENT BASICS

TV Households Turned on TV

Number of TV households watching a show)

Get your pencils ready

10,000 TVHH nationally

2000 tuned to 60 Minutes

8000 Households turned on TV

Calculate

Rating

Share

HUT

MEASUREMENT BASICS

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Get your pencils ready

10,000 TVHH nationally

2000 tuned to 60 Minutes

8000 Households turned on TV

Calculate

Rating (2000/10000)*100=20 Rating score

Share (2000/8000)=.25

HUT (8000/10000)=.8

MEASUREMENT BASICS

Determining Relative Cost of Broadcast

Cost of 1 unit of time

Number of HU or people reached by a given program or time

CPM =

X 1,000

Cost per thousand (Cost per Mille CPM)

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An important decision in the development of the media strategy is estimating the relative cost of advertising in various media. The overall objective of the advertiser is to deliver the message to the target audience at the lowest rate with the least waste. This slide shows how the cost of print media is calculated. CPM refers to cost per thousand people reached and is calculated for print media such as magazines by dividing the cost of the ad space by the circulation and multiplying this amount by 1000.

Determining Relative Cost of Media-Print

Cost of ad space

(absolute cost)

Circulation

CPM =

X 1,000

Cost per thousand (Cost per Mille CPM)

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An important decision in the development of the media strategy is estimating the relative cost of advertising in various media. The overall objective of the advertiser is to deliver the message to the target audience at the lowest rate with the least waste. This slide shows how the cost of print media is calculated. CPM refers to cost per thousand people reached and is calculated for print media such as magazines by dividing the cost of the ad space by the circulation and multiplying this amount by 1000.

Media plan

Reach, frequency, penetration

Review question

Devise an IMC media plan to support the launch of a new model of motor car. The creative executions include a 20-second TV ad, national daily press ads and direct mail shots to current owners of cars in that class. How would you plan your targeting? Which media vehicles might you use? Explain the timings of exposure. What are the main problems and difficulties of this task?

MEDIA PLANNING