The Key Is To Find The Right Media (The Pond) That Contains The Most of Your Preferred Target (Type of Fish)
The Key Is To Find The Right Media (The Pond) That Contains The Most of Your Preferred Target (Type of Fish)
PERFORMANCE
Measured through frequency and spread.
Understanding The Market (target)
1. Knowing who they are - Are they consumers (all
consumers), or just select consumers, Fortune
100, small business, etc.
If they are all consumers, or a large part of the
population, we can use mass market medium such
as network TV, radio or general publications
(weekly newspaper).
If they are Fortune 100 or small business we
might use specific trade publications that target
our same markets.
2. Their buying process - Is the sale simple (a package of
gum that is an instant decision), or complex-requiring
numerous complex presentations and layers of
approvals (educational or government sales).
3. Who are the final decision makers, along with the
primary and secondary influencers - For ex., for a
sales force automation decision, the final say may be
the VP of Sales. However, the primary influencers may
be the sales people and sales managers (who have to
use it every day), plus the IT department (who has to
support it). The secondary influencers may be the
president (who wants more sales), the CFO (who has to
finance it), and the secretary (who has to enter weekly
leads).
The % wt of influence of each person in the decision
chain helps determine which medium & publications we
may target. The VP of Sales may travel (so American
Airlines magazine may work well). The Regional Sales
Manager may be trying to move up (so Success
Magazine may work). The IT department may need
integration support (so CRM magazine may work), etc.
4. Where they buy - If the target buys from retail, we
may use “Run of Press” ads (co-op ads with the
retailers). If the target buys from VARs or
Integrators, we may use Value Added Reseller
Business to recruit more VARs (who in turn may use
direct response mail to reach the targets). If they
buy on-line--we may run direct response ads with
an on-line.
5. How they buy - If the customer buys on terms, our
ads may mention financing options (cars, delayed
payment,installment).
Advantages:
Works as a reminder
Covers the entire purchase cycle
Cost efficiencies in the form of large media discounts
Positioning advantages within media
Program or plan that identifies the media channels
used in an advertising campaign, and specifies
insertion or broadcast dates, positions, and duration
of the messages
In media scheduling for seasonal product categories,
flighting involves intermittent and irregular periods of
advertising, alternating with shorter periods of no
advertising at all. Halloween costumes are rarely
purchased all year except during the months of
September and October.
Advantages:
Advertisers buy heavier weight than competitors for a
relatively shorter period of time
Little waste, since advertising concentrates on the best
purchasing cycle period
Series of commercials appear as a unified campaign on
different media vehicles
Pulsing combines flighting and continuous
scheduling by using a low advertising level all
year round and heavy advertising during peak
selling periods. Product categories that are sold
year round but experience a surge in sales at
intermittent periods are good candidates for
pulsing. For instance, under-arm deodorants, sell
all year, but more in summer months.
Advantages:
Covers different market situations
Advantages of both continuity and flighting
possible
The process of establishing the exact media vehicles to
be used for advertising
prospect
Selecting The Correct Media
Determining which medium type (TV, Radio, Display
Ads) will reach your desired targets & generate the
greatest ROI. It may be multiple types-if so, put a %
weight value on each and consider your budget
accordingly.
High-tech market (aside from consumer electronics),
the most widely used advertising medium is print.
Within the print medium, the most common for high-
tech is trade publications (rather than the general
business & consumer publications like Newsweek,
Fortune, Popular Mechanics, Southern Living, etc.).
Trade publications might include PC Magazine
(general market), Network Computing (corporate
networking), Videomaker (highly vertical video
market), Gaming (obvious), etc.
Fortunately, there are several publications that can help
you determine the demographics of various media &
publications.
Nielson Rating can tell you the audience demographics
and ratings for specific network and cable stations and
specific television shows.
IAG Research can measure the performance of every ad.
However, they often only measure recall within the
channel, by brand, and the fit (how well it was integrated
into the show). Based on these criteria, they rate as “most
effective” those ads (brands) that are recalled by the most
people. However, a more important indicator is not the
recall scores, but the ads that actually sell and cause a
change in brand preference.
In the process of planning the Media planner needs to
answer questions such as:
1. How many of the audience can I reach through
different media?