chapter 15 Media Planning and Buying McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. 15-3 Chapter 15 Objectives Describe how a media plan helps accomplish objectives Explain the importance of creativity in media planning Define reach and frequency and debate the effectivefrequency controversy Discuss how reach, frequency and continuity are related Calculate gross rating points and cost per thousand Describe the different advertising schedules and their purposes Identify the factors that influence media strategy and tactics Explain the role of the media buyer 15-4 Media Planning: Decisions and Issues Which media? Where? Volkswagen used several forms of media to promote its “Buy a new Beetle, get an iPod” campaign What time of year? How often? How to integrate? 15-5 Media Planning: Increasing Media Options Challenges More competitors Rising costs Media complexity Greater audience fragmentation More media options 15-6 Media Planning: Increasing Media Options U.S. ad spending by medium 15-7 Role of Media in the Marketing Framework Situation Analysis Marketing Plan Advertising Plan Set media objectives Determine media strategy Select media classes Select media within classes Broadcast Print Media use decisions Other media 15-8 Defining Media Objectives Message-Distribution Objectives Audience Size Message Weight Audience Accumulation & Reach Ad impressions Gross impressions Gross rating points (GRPs) Exposure Frequency Continuity 15-9 Optimizing Reach, Frequency & Continuity Reach, frequency and continuity have an inverse relationship 15-10 Optimizing Reach, Frequency & Continuity Effective Reach Effective Frequency Ad response curve [Pub: Please insert exh.15-9, Sshaped response curve, Essentials p. 420] 15-11 Developing a Media Strategy: The Media Mix The 5 Ms Markets Money Media Mechanics Methodology 15-12 Developing a Media Strategy: The Media Mix Plan Scope Decision Factors Market’s Sales Potential Brand Development Category Development 15-13 Developing a Media Strategy: The Media Mix Brand Development Index and Category Development Index 15-14 Developing a Media Strategy: The Media Mix Plan Scope Market’s Sales Potential Decision Factors Media & Mood of Message Brand Development Category Development Competition & Budget Media Availability & Economics 15-15 Developing Media Strategy: The Media Mix Right Between the Ears ad matches the mood of the radio comedy show 15-16 Developing a Media Strategy: The Media Mix Plan Scope Message Size & Position Market’s Sales Potential Decision Factors Media & Mood of Message Brand Development Category Development Competition & Budget Media Availability & Economics 15-17 Developing a Media Strategy: The Media Mix Color and size vs. reach and frequency 15-18 Developing a Media Strategy: The Media Mix Plan Scope Buyer Purchase Patterns Message Size & Position Market’s Sales Potential Decision Factors Media & Mood of Message Brand Development Category Development Competition & Budget Media Availability & Economics 15-19 Media Tactics Criteria for Selecting Media Vehicles Campaign objectives & strategy Audience characteristics Exposure, attention & motivation Synergy of Mixed Media Cost efficiency (CPM & CPP) Continuous Scheduling Methods Flighting Pulsing 15-20 Media Tactics Three ways to schedule the same number of GRPs 15-21 Media Tactics Criteria for Selecting Media Vehicles Campaign objectives & strategy Audience characteristics Exposure, attention & motivation Synergy of Mixed Media Cost efficiency (CPM & CPP) Continuous Scheduling Methods Flighting Pulsing Scheduling Software 15-22 Media Tactics SRDS ad for its Media Planning System 15-23 Role of the Print Media Buyer Requires a range of knowledge and abilities Knowing the marketplace Negotiating the buy Monitoring performance