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Chapter 8 Media Planning and Buying

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Presentation on theme: "Chapter 8 Media Planning and Buying"— Presentation transcript:

1 Chapter 8 Media Planning and Buying
Medium Media Mix Media Vehicle The aperture concept

2 Sources of Information for Media Planning

3 Setting Media Objectives
Finding target audiences in media opportunities Sales geography Timing Duration: how long to advertise? Schedule and the advertising budget Consumer use cycles Competitive advertising

4 Developing Media Strategies
Target audience strategies: new technology of measurement Retail scanners Database developments Marketing mix modeling Internet audience measurement

5 Developing Media Strategies
Geographic strategies allocating media weight Timing and duration strategies Continuity, pulsing, flighting, carryover Size and length strategies Is more going to be better?

6 Media Selection Procedures
Audience measures used in media planning Gross impressions Gross rating points Reach and media planning Frequency and effective frequency Efficiency

7 Media Selection Procedures
Cost efficiency as a planning dimension Cost per thousand How to calculate CPMs Cost per rating Selecting and buying acceptable media

8 Media Buying Functions
Providing information to the media planner Selecting media vehicles Negotiating media prices/authorizing the buys Monitoring vehicle performance Post-campaign analysis Billing and payment

9 Media Buyers’ Ability to Negotiate
Vehicle performance Unit costs Preferred positions Extra support offers

10 Changes in Media Buying
Media buying services Online media buying Global media buying Maintaining plan performance


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