media 101 taylor made media. contents steps in media planning and buying strengths and weaknesses of...
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Media 101
Taylor Made Media
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Contents
Steps in media planning and buying Strengths and weaknesses of each medium Negotiating tactics and added value ideas Terminology
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Steps in Media Planning and Buying
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Steps in a Media Campaign
Define objectives. Nail down your strategy. Consider all options available. Gather and analyze research. Negotiate with suppliers. Execute/book. Campaign maintenance. Post buy analysis.
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Media Objectives
What are you trying to accomplish with your advertising?
Examples Utilize media that will generate brand or product
awareness. Provide the frequency of message required to
increase phone calls or web visits. Utilize media that enhances brand image by
association. Stimulate immediate action.
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Media Strategy
How are you going to accomplish it?
Components of strategy Target Audience Coverage Area Timing Reach / Frequency Objectives Media Habits Research Media Mix
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Media Strategy
Target Audiences
Consumer examples Age range: Adults 25-54, with children Household Income: $75,000 plus per year
Trade examples Doctors Builders Lawyers
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Media Strategy
Coverage Area Define your market area. Be realistic!
Examples:British Columbia Lower Mainland and Vancouver
Island - primary
Okanagan/Cariboo/Kootenays – secondary
English CanadaAll markets
Northern California San Francisco Bay Area
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Media Strategy
Timing
Example January – December 2013
Primary: March – May Secondary: September - November
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Media Strategy
Reach The unduplicated reach of the defined target
population. Reach takes into consideration your coverage area
and your media selection. The coverage area you define. With media selection, the more you spread your
dollars the broader the reach. However is it effective reach?
Media selection should be based on the medium’s ability to cover your defined geographic area with limited waste.
It is always better to convince 10% of the audience 100% of the way, than to convince 100% of the audience 10% of the way.
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Media Strategy
Frequency of Message Frequency takes into consideration the number of
times an individual is exposed to your message. You can build frequency with consistency in media
selection and creative message. For budgetary reasons this often means focusing on a specific geographic area and a few well targeted media vehicles.
Remember that the stronger the frequency of message, the quicker the response.
The average consumer needs 4 exposures before the message registers with them, and studies show that after 7 exposures they will take action.
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Media Strategy
Frequency Builders Multiple insertions in the same publication. Consistent schedule week to week, or month
to month within any medium. Multiple spots in one show. Tightened rotations Tue-Thu versus Mon-Fri, or
4 – 7 pm versus 4 – Midnight.
Multiple spots weekly on the radio, or a timed sponsorship.
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Media Strategy
Media Habits Research Research is used to determine the media habits of
the target group and support media recommendations.
Useful research studies include:• PMB• BBM• Comscore• Nadbank / Combase
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Media Strategy
Available ResearchPMB provides extensive media habits data including: Television
Number of days watch Types of programs watch Specialty channels watch Dayparts watch Avg. number of hours watch
Radio Number of days listen Station formats listen to Program types listen to Avg. number of hours listen
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Media Strategy
Available ResearchPMB provides extensive media habits data including: Outdoor
How many km’s drive per week Transit usage
Newspaper Number of issues read Section read Weekday versus weekend reading
Internet Hours per week Website categories accessed Online shopping habits
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Media Strategy
Available ResearchPMB provides extensive demographic/psychographic data
including: Age Sex Marital status # of people in household Children in household Head of household Language Ethnicity City, Province Community size
Employment status Occupation Income (HHI and PYI) Education Home ownership and value of
home Principal income earner Principal grocery shopper Events expect to happen in
next year, have happened in past year (i.e. retirement)
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Media Strategy
Available ResearchPMB provides extensive category data including:
Personal care Health care, remedies Automotive Travel Business Financial Real estate, home
improvements Household appliances,
furniture
Baby, Children’s products Apparel, misc. products Home electronics, PC’s Leisure, restaurants, tobacco Candy, snacks Beverages Alcohol Groceries Household products, pets
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Media Strategy
Media Mix This is where you determine which media
makes sense for you. Based on your objectives, budget and
strategy, which will deliver results? You are setting a boundary around the types of
media you will consider. So if outdoors is not in the mix, you can take that medium off your plate and inform any suppliers that approach you, that outdoors is not a consideration.
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Media Strategy
Combining Media - Look for a balance.
Magazines with a higher frequency medium Radio, Outdoor
Radio with a visual medium TV, Print, Outdoor
Outdoor with a more detailed medium Print, Radio, TV
Online with a visual or mass reach medium Print, Outdoor, TV, Radio
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Rationale
The Media Rationale provides an explanation of why each medium makes sense based on the stated objectives and strategy. How does each medium and vehicle fulfill the objective and fit with the strategy?
This is provided by your TMM Media Strategist upon presentation of the media plan.
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Campaign Maintenance
Keep on top of the campaign once it’s booked!
Makegoods – ensure equal or greater value for any media that is pre-empted
Monitor placement of print ads –always strive for the best possible placement within the pages of the newspaper or magazine for our clients.
Invoice discrepancies – get these items cleared up ASAP to ensure accountability.
Adjustments based on client feedback – be prepared to fine tune the campaign.
Updated audience data – always monitor the audience data as it is released to ensure the media deliver what was purchased.
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Post Buy Analysis
Example: Client X Spring 2013 TV Campaign
Planned Spend: $197,127Actual Spend: $197,127
Value Received: $293,955 – 149% achieved+ Bonus Spots: $120,975Total Value: $414,930 – 210% achieved
Planned Spots: 399Actual Spots: 399 – 100% achieved+ Bonus Spots: 59Total Spots: 458 – 115% achieved