Chapter 10 Media The Marketing of Messages & Media The Marketing of Messages Today we’ll cover… Media Speak Media Building Blocks Strengths & Weaknesses Building The Media Plan The Media Planning Revolution Media Speak Media/Medium/Vehicle Media = collective noun Medium = one type of media Vehicle = single carrier and sometimes media vehicles are vehicles… Media Speak Audience/Coverage/Composition Audience number or % exposed to a vehicle Audience Coverage number or % reached by a single insertion specified area Audience Composition statistical breakdown of a media vehicle’s total audience in a Media Speak Audience/Coverage/Composition Prospects potential purchases Target Market group of prospects can be defined in concrete terms Target Profile demographics psychographics product usage Media Speak Reach & Ratings Broadcast Media use Rating Points % of Target Audience reached by a media vehicle Print Media use Circulation Number of copies sold or distributed Media Speak Above-the-Line/Below-the-Line Above = paid advertising Below = sales promotion, PR, events Traditional/Non-Traditional Traditional = major mass media Non-Traditional = unique media opportunities and new media forms Media Speak “Brand Contact Points” & More Brand Contact Points Personal Media Network Aperture Fragmentation & Clutter Fragmentation - a result of More media channels More audiences. Smaller audiences Clutter - a result of More messages in each channel Media Building Blocks Strengths & Weaknesses: First, we’ll examine the Strengths & Weaknesses of each Medium Then, we’ll take you through the steps of Building a Media Plan. Print Strengths & Weaknesses: Portable “Time independent” Not a fleeting medium - it lasts Accommodates complex copy Good picture quality Easier to feature more than one product Versatility Can be preserved and reread Journalistic content = credibility & prestige Can deliver coupons Newspaper Strengths & Weaknesses: “Prestigious” Readers upscale Readers use ads Less lead time Strong local emphasis Sense of immediacy “Cataloging Value” Reproduction varies Not much passalong Can be expensive Cluttered Not read thoroughly Poor demographic selectivity May have adverse editorial Magazine Strengths & Weaknesses: Special audience opportunities Building audience takes time Can be long-lasting Can be cluttered Repeat exposure Early closing dates High “passalong” Creative flexibility Out-of-Home Strengths & Weaknesses: Frequency and repetition Large audiences. Low cost. Poor demographic selectivity Limited time. Limited copy. Visual impact Complicated logistics Blanket coverage Can be expensive Versatility Restrictions Out-of-Home Strengths & Weaknesses: New technology New opportunities Example: McDonald’s in Piccadilly Circus… QuickTime™ and a H.264 decompressor are needed to see this picture. Radio Strengths & Weaknesses: Various formats. Radio is cluttered Special audiences. Inexpensive Radio spots are Affordable frequency fleeting Affordable production Reaches mobile market and one more bit of interesting Scheduling & creative news flexibility Immediacy COMING SOON…HD Radio Television Strengths & Weaknesses: Impact Market coverage Intrusive Flexible Cost-efficient (CPM) Prestigious Fleeting Expensive Big shows. Big Bucks. Production can be expensive Best shows have limited availability Cable TV Strengths & Weaknesses: Geographic flexibility Low ratings/ small audiences Inexpensive Varied programming. Reporting is Specialized audiences.inadequate Upscale audiences Wide variety of ad formats New Media Strengths & Weaknesses: New Low cost Interaction and involvement Buzz and excitement Measurable Sites can be hard to find Production can be expensive and timeconsuming Small to invisible audiences Hugely cluttered Good quantitative data hard to get Building The Media Plan: Building The Media Plan: Successful media planning is the task of selecting and scheduling media that will reach as many of the target audience as frequently as possible for the least amount of cost. Building The Media Plan: The Media Plan is… a blueprint for future action… organizing a brand’s advertising into media objectives and strategies that are: Goal-Oriented - increase sales/share Make sense - effective/efficient Manageable - can be executed, flexible, developed before the buy. Building The Media Plan: Media Objectives WHAT your Media Plan hopes to achieve Media Strategies HOW the Media Objective will be implemented Building The Media Plan: Evaluation & Analysis Planning Media Objectives Media Strategies The Media Buy Post-Buy Analysis Building The Media Plan: Evaluation & Analysis Seasonality Brand History Budget Purchase Cycle Prime Prospect Geography Competition Promotional Activity Building The Media Plan: Evaluation & Analysis + Problems & Opportunities Similar to Situation Analysis in Chapter 8 Becomes foundation for… The Media Plan Building The Media Plan: Planning Media Objectives Target Audience Seasonality Geography Reach & Frequency Building The Media Plan: Planning Media Objectives Target Audience Profile Demographics Product Usage (Heavy/Med/Light) Media Usage PMN - Personal Media Network Media Consumption Core Audience Aperture (Time/Place/Circumstance) Building The Media Plan: Planning Media Objectives Seasonality Seasonal sales Media Efficiency Competitive media presence Promotions Scheduled Building The Media Plan: Planning Media Objectives Geographic Considerations Distribution National/Regional/Local Budget National/Regional/Local Competition Offensive or Defensive Strategy? Sales by Market Building The Media Plan: Planning Media Objectives Reach and Frequency Consumer Motivation Purchase Cycle Purchase Decision Message Complexity Ad Effectiveness/Memorability Commercial Length Time of Day/Attention Competition Building The Media Plan: Planning Media Strategies Nature of Media/Message Media Strength/Weakness Media Efficiencies - CPM Eliminate Media that don’t fit Brand Consider Selling Environments National vs. Local Spending Scheduling Strategies Synergy between Media/Ad Building The Media Plan: Planning Media Strategies Media Efficiencies - CPM CPM = Cost Per Thousand, the universal form of comparing the efficiency of different media. The following is a comparison of costefficiency for reaching Women 18-49 Building The Media Plan: CPM - Women 18-49 Network Radio :30 Day Network :30 Cable TV :30 Print 4-color page AM Network :30 Late Night :30 Syndication :30 Evening News :30 Prime Network :30 2.81 5.35 6.05 7.67 11.14 12.22 13.29 17.80 18.31 Building The Media Plan: Planning Media Strategies Scheduling Strategies Four Types of Ad Schedules: Building The Media Plan: The Media Buy (Implementation) Buying - a separate function Involves tough-minded negotiating Involves long-term relationships Media Buying Services Growing field - specialists Part of “unbundling” Building The Media Plan: Post-Buy Analysis Measure actual performance Media makes “guarantees” Involves large amounts of $ If below guarantee, media must provide a “make-good.” And, if you do a good job… Building The Media Plan: You Get to Do It Again Next Year! Media Planning: A New Revolution New importance of the media function “Unbundling” = New Media Agencies New Global Relationships Mega-brands and mega-agencies Growing # of media choices means growing need for media planning Development of “account planning” style connection planning Media Planning: A New Revolution “It will be more challenging to work in advertising in new media… it’s a ‘sky’s the limit’ type of thing. And advertisers have to know all the possibilities.” Jayne Spitler, Leo Burnett/StarCom Media Planning: A New Revolution “The creative people and the media people must intertwine their work as much as possible. They have to understand the overall project is part of a targeting process.” David Martin, CEO/Penta-Com Media Planning: A New Revolution “In a rapidly changing media world, an understanding of the consumer/ media relationship is of fundamental importance to the process.” Andy Tilley. Zenith Media Media Planning: A New Revolution “Today’s toughest question is how to find your customers at the most strategic time – that’s why media is the new creative frontier.” Keith Reinhard, Chmn DDB Media = Creative Content Distribution: That’s how CP+B describes their Media Function Media = “The New Creative Frontier” Let’s look at a few examples… Media = Creative Content Distribution: An early example: The Loop TV about outdoor for a radio station QuickTime™ and a H.263 decompressor are needed to see this picture. Media = Creative Content Distribution: Burger King (CP+B):“Simpsonize” QuickTime™ and a H.264 decompressor are needed to see this picture. Media = Creative Content Distribution: Nike: TV about a Website QuickTime™ and a H.264 decompressor are needed to see this picture. Media = Creative Content Distribution: Frito-Lay: Commercial Contest 1900 Entries • 5 finalists posted online QuickTime™ and a H.264 decompressor are needed to see this picture. & Questions Discussion Chapter 10 Media The Marketing of Messages & Questions Discussion: