SlideShare una empresa de Scribd logo
1 de 36
Media for the rest of us How to navigate today’s media environment successfully whether you are a small business or a giant company 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Not going to go into... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
I would also like to avoid talking about this media, that media or the other one... 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Advertising is  only  about modifying Behavior Choice Opinion 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
MEDIA DOESN’T DO THAT ,[object Object],11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Media Delivers 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
one 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
one  decision 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Eye opener #1 All messages are individual All media is local All media exists in the same plane All media goes into the same place 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Advertising people who ignore research are as dangerous as generals who ignore decodes of enemy signals 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Millward Brown ’s BrandDynamics (c)  Pyramid Brand Loyalty:  The Link Between Attitude & Behavior How Brands Grow When Ads Work Recency Theory Eye openers #2 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Understanding, Measuring, and Using Brand Equity Nigel Hollis, Andy Farr and Paul Dyson Nov/Dec 1996 For the average 7% of consumers who are  “bonded” with a brand, that brand represents 38% of its purchasing But for the average 76% of consumers who are merely  “aware”, that brand represents 13% of purchasing ocassions Awareness is not enough... what you need is consumers bonding with your brand 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Brand Loyalty: The Link between Attitude and Behavior Joel Rubinson and Allan L. Baldinger Journal of Advertising Research, Nov/Dec 1996 Only about 12% of a brand ’s consumers can be considered loyal (purchase the brand a second time over 50% of the time). The average brand will lose 50% of its loyal consumers in a year. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Why Brands Grow Allan L. Baldinger, IPSOS-NPD    Edward Blair, University of Houston    Raj Echambadi, University of Central Florida Journal of Advertising Research, Jan/Feb 2002 Reach wins    Loyalty is a far second Penetration has an 83% correlation with share growth; loyalty only 59% 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
When Ads Work John Phillip Jones, 1995 For most products, a single impression is enough to cause a sale. A second impression may not be cost efficient. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
One exposure is far more cost-effective in influencing brand purchase. Recency Theory 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
[object Object],[object Object],[object Object],[object Object],[object Object],But not simplistic Eye opener #3 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
5% 10% 15% 25% 45% Every media delivers a disproportionate amount of weight to its heaviest viewers 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
So... pouring more money into a single medium is inefficient 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
And just as ineffective 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Audiences were never monolithic and are even less so today 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
so... 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Can it move the needle? Do you reach enough people to make an impact in your sales? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
How far up the inverted pyramid do you need to be? Big Sales - High Reach Small Sales – Low Reach 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
How do I know how much reach? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229 I need to sell 100,000,000 of these That makes it roughly 2,000,000 per week I am 70% of the market    70% of purchasing decisions Each tube = 1 purchasing decision Need to reach 2.8 million people who will purchase toothpaste every week    70% = 2,000,000 If there are 20,000,000 potential buyers and about ¼ of them will be in the market on a weekly basis, I need to reach 56% of them every week; 56% x 5,000,000 = 2,800,000
Does my Message... Fit the Media In a recent test we conducted, contextual and behavioral advertising in the web outdelivered regular advertising 3:1 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Tailoring Messaging and media 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
High Involvement Low Involvement Rational Emotional The FCB Grid High chance of a financial mistake if the wrong decision is made. Decisions tend to be objective. High chance of a financial mistake if the wrong decision is made. Decision tends to be subjective. Low chance of a financial mistake if the wrong decision is made. Decisions tend to be objective. Low chance of a financial mistake if the wrong decision is made. Decision tends to be subjective. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
High Involvement Low Involvement Rational Emotional The FCB Grid Life ’s Big Decisions (e.g., life insurance) Life ’s Big Pleasures (e.g., a vacation) Life ’s small needs (e.g., toothpaste) Life ’s small pleasures (e.g., a soft drink) 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
High Involvement Low Involvement Rational Emotional The FCB Grid Media should be able to convey information (to ease decision, drive to action...) and have some sort of response device Media only needs to convey key points and perhaps a reason why 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
How many messages do I need? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Broad Reaching Media = General Messaging Limited Reach = Customized Messaging How many messages will I need? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
Media Strategy - The Decision Tree So, what do I need to do?  (Objectives) Media 1 Does it cover my reach and segmentation needs? Media 2 Media 3 Media 4 Does it match my messaging needs? Can I achieve results with my budget? Leftover Budget? Organize media by some parameter like CPM, Reach, Affinity, audience segmentation… and begin with the “best” medium 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
In summary Number of discrete groups Size of these groups Ability of the media to segment them in a cost-efficient way Messaging needs Budget Maintain Reach & Continuity Affect purchasing decisions 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229

Más contenido relacionado

Similar a Media for the rest of us

Why above the line advertising will stay
Why above the line advertising will stayWhy above the line advertising will stay
Why above the line advertising will stayPhilip De Meulemeester
 
Kennett Office hours presentation- Digital and Social Media Marketing
Kennett Office hours presentation- Digital and Social Media MarketingKennett Office hours presentation- Digital and Social Media Marketing
Kennett Office hours presentation- Digital and Social Media MarketingWhitney Hoffman
 
Halo Full Animated Tsc
Halo Full Animated TscHalo Full Animated Tsc
Halo Full Animated Tscleeannhunt
 
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15Lia s. Associates | Branding & Design
 
Five Reasons Why Businesses Fail
Five Reasons Why Businesses FailFive Reasons Why Businesses Fail
Five Reasons Why Businesses FailShahab
 
Buyer Response Gap
Buyer Response GapBuyer Response Gap
Buyer Response Gapgueste5f828
 
Growing your Business in a Down Economy
Growing your Business in a Down EconomyGrowing your Business in a Down Economy
Growing your Business in a Down EconomyDamon Henrichs
 
Ottawa Business Summit Clearing Muddy Waters
Ottawa Business Summit Clearing Muddy WatersOttawa Business Summit Clearing Muddy Waters
Ottawa Business Summit Clearing Muddy WatersKaren McNaughton
 
Word of Mouth - A Prescription for a Bad Economy
Word of Mouth - A Prescription for a Bad EconomyWord of Mouth - A Prescription for a Bad Economy
Word of Mouth - A Prescription for a Bad EconomySean Moffitt
 
Response 1To MichelleSubject Traditional vs. Digital Prom.docx
Response 1To MichelleSubject Traditional vs. Digital Prom.docxResponse 1To MichelleSubject Traditional vs. Digital Prom.docx
Response 1To MichelleSubject Traditional vs. Digital Prom.docxcarlstromcurtis
 
New Trends in Advertising & Marketing
New Trends in Advertising & MarketingNew Trends in Advertising & Marketing
New Trends in Advertising & MarketingNavin Pamnani
 
The 5 Most Dangerous Trends Facing Small Business
The 5 Most Dangerous Trends Facing Small BusinessThe 5 Most Dangerous Trends Facing Small Business
The 5 Most Dangerous Trends Facing Small Businessdcushard
 
Marketing in a Down Economy
Marketing in a Down EconomyMarketing in a Down Economy
Marketing in a Down EconomyElizabeth Scott
 

Similar a Media for the rest of us (20)

Why above the line advertising will stay
Why above the line advertising will stayWhy above the line advertising will stay
Why above the line advertising will stay
 
Kennett Office hours presentation- Digital and Social Media Marketing
Kennett Office hours presentation- Digital and Social Media MarketingKennett Office hours presentation- Digital and Social Media Marketing
Kennett Office hours presentation- Digital and Social Media Marketing
 
Halo Full Animated Tsc
Halo Full Animated TscHalo Full Animated Tsc
Halo Full Animated Tsc
 
Television advertising
Television advertisingTelevision advertising
Television advertising
 
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15
130 191019 Highly Effective Marketing Plan by Peter Knight Chapter 7-15
 
Five Reasons Why Businesses Fail
Five Reasons Why Businesses FailFive Reasons Why Businesses Fail
Five Reasons Why Businesses Fail
 
Buyer Response Gap
Buyer Response GapBuyer Response Gap
Buyer Response Gap
 
Buyer Response Gap
Buyer Response GapBuyer Response Gap
Buyer Response Gap
 
Catalyst - Penny Wise
Catalyst - Penny WiseCatalyst - Penny Wise
Catalyst - Penny Wise
 
Growing your Business in a Down Economy
Growing your Business in a Down EconomyGrowing your Business in a Down Economy
Growing your Business in a Down Economy
 
Leaflet Distribution Guide
Leaflet Distribution GuideLeaflet Distribution Guide
Leaflet Distribution Guide
 
Ottawa Business Summit Clearing Muddy Waters
Ottawa Business Summit Clearing Muddy WatersOttawa Business Summit Clearing Muddy Waters
Ottawa Business Summit Clearing Muddy Waters
 
Word of Mouth - A Prescription for a Bad Economy
Word of Mouth - A Prescription for a Bad EconomyWord of Mouth - A Prescription for a Bad Economy
Word of Mouth - A Prescription for a Bad Economy
 
Response 1To MichelleSubject Traditional vs. Digital Prom.docx
Response 1To MichelleSubject Traditional vs. Digital Prom.docxResponse 1To MichelleSubject Traditional vs. Digital Prom.docx
Response 1To MichelleSubject Traditional vs. Digital Prom.docx
 
New Trends in Advertising & Marketing
New Trends in Advertising & MarketingNew Trends in Advertising & Marketing
New Trends in Advertising & Marketing
 
Platforum Logicav3.0
Platforum Logicav3.0Platforum Logicav3.0
Platforum Logicav3.0
 
The 5 Most Dangerous Trends Facing Small Business
The 5 Most Dangerous Trends Facing Small BusinessThe 5 Most Dangerous Trends Facing Small Business
The 5 Most Dangerous Trends Facing Small Business
 
Future of marketing 1/2 - CIM and BL's presentations
Future of marketing 1/2 - CIM and BL's presentationsFuture of marketing 1/2 - CIM and BL's presentations
Future of marketing 1/2 - CIM and BL's presentations
 
Marketing in a Down Economy
Marketing in a Down EconomyMarketing in a Down Economy
Marketing in a Down Economy
 
Presentation
PresentationPresentation
Presentation
 

Último

TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024Adnet Communications
 
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfGlobal Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfAmer Morgan
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFCaitlinCummins3
 
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra
 
Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdflinciy03
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesHaseebBashir5
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionAlejandro Cremades
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsCaitlinCummins3
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon investment
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettJacobBadgett
 
NFS- Operations Presentation - Recurrent
NFS- Operations Presentation - RecurrentNFS- Operations Presentation - Recurrent
NFS- Operations Presentation - Recurrenttoniquemcintosh1
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIIRODORI inc.
 
Potato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfPotato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfhostl9518
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Alejandro Cremades
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsRajesh Gupta
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportDubai Multi Commodity Centre
 
stock price prediction using machine learning
stock price prediction using machine learningstock price prediction using machine learning
stock price prediction using machine learninggauravwankar27
 
Aptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfAptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfprchbhandari
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)linciy03
 
tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)Norah Medlin
 

Último (20)

TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfGlobal Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdf
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
 
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdfInnomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
Innomantra Viewpoint - Building Moonshots : May-Jun 2024.pdf
 
Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdf
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by AccionSeries A Fundraising Guide (Investing Individuals Improving Our World) by Accion
Series A Fundraising Guide (Investing Individuals Improving Our World) by Accion
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob Badgett
 
NFS- Operations Presentation - Recurrent
NFS- Operations Presentation - RecurrentNFS- Operations Presentation - Recurrent
NFS- Operations Presentation - Recurrent
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 
Potato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdfPotato Flakes Manufacturing Plant Project Report.pdf
Potato Flakes Manufacturing Plant Project Report.pdf
 
Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)Inside the Black Box of Venture Capital (VC)
Inside the Black Box of Venture Capital (VC)
 
HAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future ProspectsHAL Financial Performance Analysis and Future Prospects
HAL Financial Performance Analysis and Future Prospects
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
 
stock price prediction using machine learning
stock price prediction using machine learningstock price prediction using machine learning
stock price prediction using machine learning
 
Aptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdfAptar Closures segment - Corporate Overview-India.pdf
Aptar Closures segment - Corporate Overview-India.pdf
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)
 

Media for the rest of us

  • 1. Media for the rest of us How to navigate today’s media environment successfully whether you are a small business or a giant company 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 2.
  • 3. I would also like to avoid talking about this media, that media or the other one... 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 4. Advertising is only about modifying Behavior Choice Opinion 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 5.
  • 6. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 7. Media Delivers 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 8. one 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 9. one decision 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 10. Eye opener #1 All messages are individual All media is local All media exists in the same plane All media goes into the same place 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 11. Advertising people who ignore research are as dangerous as generals who ignore decodes of enemy signals 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 12. Millward Brown ’s BrandDynamics (c) Pyramid Brand Loyalty: The Link Between Attitude & Behavior How Brands Grow When Ads Work Recency Theory Eye openers #2 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 13. Understanding, Measuring, and Using Brand Equity Nigel Hollis, Andy Farr and Paul Dyson Nov/Dec 1996 For the average 7% of consumers who are “bonded” with a brand, that brand represents 38% of its purchasing But for the average 76% of consumers who are merely “aware”, that brand represents 13% of purchasing ocassions Awareness is not enough... what you need is consumers bonding with your brand 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 14. Brand Loyalty: The Link between Attitude and Behavior Joel Rubinson and Allan L. Baldinger Journal of Advertising Research, Nov/Dec 1996 Only about 12% of a brand ’s consumers can be considered loyal (purchase the brand a second time over 50% of the time). The average brand will lose 50% of its loyal consumers in a year. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 15. Why Brands Grow Allan L. Baldinger, IPSOS-NPD  Edward Blair, University of Houston  Raj Echambadi, University of Central Florida Journal of Advertising Research, Jan/Feb 2002 Reach wins  Loyalty is a far second Penetration has an 83% correlation with share growth; loyalty only 59% 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 16. When Ads Work John Phillip Jones, 1995 For most products, a single impression is enough to cause a sale. A second impression may not be cost efficient. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 17. One exposure is far more cost-effective in influencing brand purchase. Recency Theory 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 18.
  • 19. 5% 10% 15% 25% 45% Every media delivers a disproportionate amount of weight to its heaviest viewers 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 20. So... pouring more money into a single medium is inefficient 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 21. And just as ineffective 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 22. Audiences were never monolithic and are even less so today 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 23. so... 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 24. Can it move the needle? Do you reach enough people to make an impact in your sales? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 25. How far up the inverted pyramid do you need to be? Big Sales - High Reach Small Sales – Low Reach 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 26. How do I know how much reach? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229 I need to sell 100,000,000 of these That makes it roughly 2,000,000 per week I am 70% of the market  70% of purchasing decisions Each tube = 1 purchasing decision Need to reach 2.8 million people who will purchase toothpaste every week  70% = 2,000,000 If there are 20,000,000 potential buyers and about ¼ of them will be in the market on a weekly basis, I need to reach 56% of them every week; 56% x 5,000,000 = 2,800,000
  • 27. Does my Message... Fit the Media In a recent test we conducted, contextual and behavioral advertising in the web outdelivered regular advertising 3:1 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 28. Tailoring Messaging and media 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 29. High Involvement Low Involvement Rational Emotional The FCB Grid High chance of a financial mistake if the wrong decision is made. Decisions tend to be objective. High chance of a financial mistake if the wrong decision is made. Decision tends to be subjective. Low chance of a financial mistake if the wrong decision is made. Decisions tend to be objective. Low chance of a financial mistake if the wrong decision is made. Decision tends to be subjective. 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 30. High Involvement Low Involvement Rational Emotional The FCB Grid Life ’s Big Decisions (e.g., life insurance) Life ’s Big Pleasures (e.g., a vacation) Life ’s small needs (e.g., toothpaste) Life ’s small pleasures (e.g., a soft drink) 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 31. High Involvement Low Involvement Rational Emotional The FCB Grid Media should be able to convey information (to ease decision, drive to action...) and have some sort of response device Media only needs to convey key points and perhaps a reason why 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 32.
  • 33. How many messages do I need? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 34. Broad Reaching Media = General Messaging Limited Reach = Customized Messaging How many messages will I need? 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 35. Media Strategy - The Decision Tree So, what do I need to do? (Objectives) Media 1 Does it cover my reach and segmentation needs? Media 2 Media 3 Media 4 Does it match my messaging needs? Can I achieve results with my budget? Leftover Budget? Organize media by some parameter like CPM, Reach, Affinity, audience segmentation… and begin with the “best” medium 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229
  • 36. In summary Number of discrete groups Size of these groups Ability of the media to segment them in a cost-efficient way Messaging needs Budget Maintain Reach & Continuity Affect purchasing decisions 11/15/10 Marcelo Salup - msalup@hotmail.com, marcelo@salup.com, 305-215-7229