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MKTG 477: TEST 3

Typical Media Decisions
1-How can I effectively reach my market? 2-Which media should I use? 3-Which media vehicle? 4-When should I place/run my ad? 5-How often should I place/run ads?
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How can I effectively reach my market?
Match target market to media audiences, considering costs and relative effectiveness
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Which media should I use?
Media mix: proportion of ads placed on/in each media, consider strengths & weaknesses
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Which media vehicle?
TV programs, magazine titles, radio shows..Which delivers to the audience you're trying to reach?
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When should I place/run each ad?
Time of year/day
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How often should I run/place ads?
How many times? Frequency of exposure
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Reach objectives
Advertise on multiple media. Focused on brand awareness and getting consumers to just recognize the brand.
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Frequency objectives
Few types of medium and repetition with media to reach consumers as much as possible. Quality, focused on changing consumers brand perceptions and changing their behaviors to buy the product being sold. More words that are trying to persuade the consumer that the brand is one that offers value and trying to get the consumer to go out and buy the product
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Reach
Expressed as a # or % of the target market that has been exposed to an ad at least once during a certain time period. Unduplicated audience--not double counting individuals that have been exposed more than once. Equivalent to the media concept of rating.
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Effective Reach
Same as reach, but requires exposure to an ad 3+ times
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Frequency
OF the homes or people that have been exposed to an ad, the average number of times they have been exposed. Can never be less than one
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Frequency Equation
F=Gross Impressions/Reach(#) F=GRPs/Reach(%)
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GRP
Gross Ratings Points Summary measure of the intensity of a media schedule. Relative number that is influenced by both reach & frequency May be compared to other media schedules generating greater or fewer GRPs; higher is not always better
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GRP Equation
Reach (%) * Frequency
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Gross Impressions
The total number of exposures in a media schedule. Duplicated audience
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Duplicated Audience
OF the homes reached at least once, how many times were they exposed?
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Reach Strategy
Media strategy that attempts to reach as many individuals from target market as possible. Uses many mediums; quantity
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Frequency Strategy
Media strategy trying to reach people or households from the target market as many times as possible. Quality; one or two mediums at a time
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Rating
% of all TV homes in America tuned to a particular program Measure of actual audience size Considering all homes in America with TVs
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Rating Equation
# of homes tuned to a program/ # of homes with TVs (on OR off)
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Share
Of all homes with TVs turned ON at a specific times, the % of homes tuned to a particular program. A measure of relative audience size, considering TVs in use
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Share Equation
# of homes tuned to a program/ # of homes with TVs turned ON
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CPM
Cost per thousand [Media cost/Reach(#)] * 1000
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CPM-TM
Cost per thousand - target market [Media cost/Target Market Reach(#)] * 1000
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CPP
Cost per ratings points CPP (000) of 82 means 82,000 viewers
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Synonymous Terms
Reach-Unduplicated Audience Gross Impressions-Duplicated Audience Rating-Reach%
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Continuous/Steady Scheduling
Constant promotional budget over time (laundry detergent,personal hygiene)
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Pulsing
Steady promo with some bursts Jewelry, soft drinks
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Flighting
Inactivity, seasonal bursts Toys, cranberry sauce
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Media trends
Increased use of nontraditional media Traditional-TV, radio, magazines, newspapers Nontraditional-stealth marketing, brand placements in TV, in store promotions, social media
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Fragmentation of ads
Declining network TV viewership Narrowcasting-specialized media & media vehicles reaching targeted audiences (Logan: fashion & lifestyle for people with disabilities)
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Continually changing media standards
Relaxation of some (lingerie, condoms) Increased restriction on others (tobacco, alcohol, kids as targets)
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Increased clutter
Ads competing for consumers everywhere More media types, more ads consumers actively avoiding advertising Zipping (Fast Forwarding) & Zapping (changing channels)
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5 national broadcast TV networks
ABC, NBC, CW, FOX, CBS
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18-49 demographic
Ones spending more money, 55+ is now watching more TV, 18-34 don't really, Baby Boomers have $$ and are willing to spend, 18-24 hard to reach and don't have the most money, 18-49 men are hardest to reach--Sunday Night Football most expensive ad time
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P18+
People 18 and over
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Rate
of $2,000 means that's what it costs to run ad once in a 30 second spot
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RTG
of 10.5 means out of all the homes in Spokane, 10.5% are watching this show To find a specific number, multiply rating by DMA
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SHR
share, 25: of households in this area with TVs ON, 25% were watching this show
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CPP
of $190.48 means every point in the rating costs that much
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CPP (000)
of 82 means 82,000 viewers
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DMA
Designated market area. Established by Nielsen. New York is #1 with 7.1 million households, Seattle/Tacoma @ 12 with almost 2 million households Spokane 73
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Things to know before developing a creative strategy
target, product (feature & benefits), perception in comparison to competition, how users/nonusers view the product, objective of ad, medium of ad, the budget (perhaps)
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Guidelines for writing good ad copy
offer a big benefit, make ad easy to see, establish audience identity, speak to consumers, attract by being new, be believable, Uniqueness (USP-unique selling proposition)
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At minimum an ad should
be capable of gaining attention, effectively communicate something about product/service/company, be memorable, register brand name
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Feature
The product itself
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Feature
The product itself
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Benefit
favorable buying attitude persuasion
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Creative brief elements
basic problem or issue the ad must address, advertising/communications objective, target audience, major selling ID or key benefits, campaign theme or appeal, supportive info or requirements
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Gallup & Robinson how to determine a good ad
Brand recognition & benefits
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Appeals
Rational, emotional, reminder(top of mind awareness), tease, spokesperson (real or fictitious), cues (color, headlines, illustration, copy, music, voice overs)
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Assessing promotional effectiveness
Media related: who is or has been exposed? Characteristics of audience: how many were exposed? creative: reactions to ad? brand?
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Concept tests
What if we had this type of ad?
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Focus groups
How would you reach it?
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Finished ad tests
People in mall with clipboards, asking questions about the ad
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Nielsen
TV ad exposure/media exposure research company
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Arbitron
Radio research company (ad/media exposure)
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Simmons
Magazine research company (ad/media exposure)
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Starch
Magazine research company (awareness/recognition)
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Diaries
local, big booklet give to cable customers to document entire day of television watching
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people meters
national, small box attached to cable where consumers enter how many people are watching a program 114.9 million have TVs, only 25,000 have people meters
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Single-Source Data Requirements
consumer panel, prior data collection of demo-psycho-behaviors, cable TV(split-runs: simultaneously broadcasting 2 different ads in same area, you get ad A while neighbor might have ad B) test ad versions, scanners at store or in house
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