the 10 p&g media rules

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  • 8/6/2019 The 10 P&G media rules

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    What Are P&Gs 10

    Key Media

    Investment Rules?

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    (i) Invest In The Right Areas

    Spend behind the business

    Market Business Split Media Budget Allocation

    A 10% 10%

    B 25% 25%C 50% 50%

    D 15% 15%

    May vary with test markets, upweights etc. Basic consideration - support areas of business strength,

    not weakness

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    (ii) You Can Shift Budgets, But..

    Budgets are controlled Regionally:

    Global Business Units (GBUs) are responsible for theBrand Portfolio & Strategy

    They develop the NPD & innovation programmes, equity &positioning, communication strategies, creative materials, andchannel guidelines & marketing budgets

    GBUs control the budgets, through to execution andcould reallocate:

    Across countries for their Brand(s) Occasionally within a category itself

    But not between categories

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    (iii) Consolidated Buying for Maximum

    Effective

    Buying AOR 1 buying point across all brands

    Negotiating under the P&G umbrella delivers certain

    advantages

    Price and market strength Rotate brands to respond to competition

    Secrecy for launches (currently not utilised in Vietnam)

    Best positions

    Good short term opportunities

    Global deals i.e. Viacom

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    (iv) They Buy Eyeballs

    The 3 most important principles when buying media

    for P&G:

    1. Low CPM

    2. Low CPM3. Low CPM

    Buy it cheap, stack it high

    There is no such thing as programme quality

    A rating is a rating is a rating

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    (v) Across The Year

    Continuity is more often associated with business

    success

    210 U.S. Brand Media Plans studied found conclusively in

    favour of continuity

    Weeks-In % Brands Grow/Held Share

    39+ 51%

    26-38 8%

    Flighting is not a strategy, its a reaction to budget

    scarcity Jim van Cleave P&G Media

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    (vi) Always Concentrate on TV

    TV advertising works (best)

    P&G learning suggests that no other medium grows brand

    share more effectively than TV

    Identify minimum monthly effective TV weights and then

    maximise the number of weeks on-air

    Traditional forms of advertising are the most effective

    P&G have now tested, name & event sponsorship

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    (vii) Utilise the Copy to its fullest

    Analysis tells us that P&G will rotate copy roughly every

    3000 ratings

    This is may vary by market due to the accuracy of the

    report systems However as an average it still holds true in Vietnam

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    01,000

    2,000

    3,000

    4,0005,000

    6,000

    7,000

    8,0009,000

    10,000

    1 4 7 10

    13

    16

    19

    22

    25

    28

    31

    34

    37

    40

    43

    46

    49

    52

    55

    58

    61

    64

    67

    70

    73

    76

    79

    82

    85

    The Average Complies With The P&G

    Rule

    01,000

    2,0003,000

    4,0005,000

    6,0007,000

    8,0009,000

    10,000

    1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49

    Source: TNS

    Actuals

    GRPs

    Average GRPs per P&G copy : 3,036

    Average GRPs per P&G hair copy : 2,943Active weeks per Hair copy

    Max : 38 wks ( title H&S World best )

    Average : 10Minimum\ Often : 4 wks

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    (viii) Print Can Be Effective When Used

    With TV

    Print can reach specific target groups and increase overall

    coverage levels

    Print should be scheduled at the same time as TV

    Print should run for a strategic minimum of 26 weeks

    Single pages are more cost effective than double pages

    FP4Clr : 100 index awareness

    DPS 4Clr : 124 index awareness * * Starch study

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    (ix) S.O.V Is Important But A Guide

    Consumers dont see S.O.V. - but P&G aim for SOV

    leadership

    Over the long terms, brands with Share of Voice

    leadership tend to be market share leaders

    Short-term S.O.V. objectives means the competition

    writes the media plan/strategy

    First objective : Weights that are right for our target

    group, then consider the competitive activity/weights

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    (x) Dont Take Risks

    Use data/facts not judgement

    Key P&G words : Learning

    Best practice

    Search and re-apply

    Sometimes they use judgement

    Ideally they would always use data, facts and evidence