2. Why should I plan my advertising?
Evaluate all options
Identify objectives and how to reach them
Allows for proactive not reactionary spending
Separate advertising from public relations
Develop a schedule of when your ads will run
Provide history for future reference
Better results
SAVE MONEY
3. Your media plan forces you to:
Review your marketing objectives
Review the options available.
Evaluate them against your objectives.
Set your minimum and maximum budget constraints.
Create alternative scenarios until you uncover the strategy
that accomplishes your objectives within those constraints.
Develop a schedule for each medium.
Summarize your plan in the form of a calendar and budget.
Negotiate with media representatives to execute your plan.
4. Goal Setting & Evaluating
Five Step Approach:
Why Are You Advertising?
What Do You Want To Accomplish?
Who Do You Want To Primarily Target?
When to You Want to This to Happen?
Where Do You Want This To Happen?
The Devil Is In The Details
5. Basic Vocabulary
CPM (aka Cost Per Thousand)
CPM represents the cost of reaching one thousand
people via different types of media. To calculate CPM,
you find the cost for an ad and divide it by the total
circulation/audience the ad reaches (in thousands). By
finding this information and calculating this cost for
each of your options, you can give them a numerical
ranking for comparison.
6. Basic Vocabulary
Circulation
Print advertising prices are based on the circulation of
the publication in question. Publications will quote you
a circulation figure based on paid subscribers. The
audited circulation figures are verified by monitoring
organizations.
7. Basic Vocabulary
Audience
Audience is the equivalent of circulation when you're
talking about broadcast media (radio & television).
Audience size varies throughout the day as people tune
in and tune out. Therefore, the price for advertising at
different times of day will vary, based on the audience
size that the day-part delivers.
8. Basic Vocabulary
Penetration
Penetration describes how much of the total market
available you are reaching. What degree of penetration is
necessary for you depends on whether your strategy is to
dominate the market or to reach a certain niche within
that market.
9. Basic Vocabulary
Reach
Reach is the total number of people exposed to a
message at least once in a set time period, usually four
weeks. Reach is the broadcast equivalent of circulation
for print advertising. To make reach go up, you buy a
wider market area.
10. Basic Vocabulary
Frequency
Frequency is the average number of times the people
that are reached are exposed during that time period. To
make frequency go up, you buy more ads during the time
period.
11. Radio
STRENGTHS WEAKNESSES
Reaches consumers while they are in Clutter. Lots of advertisers can make it
transit. difficult to get competitive separation.
Greatest value-added capabilities. Not a good medium for broad
Radio is an excellent frequency medium. demographics.
Targets narrowed demographic age/sex Audio only. No visual. Advertiser must
cells in a specific listening area. “paint a picture” in the mind of the
Intrusive. It is a one-on-one relationship.
listener.
Advertisers must run enough spots on
Highly negotiable.
each station to achieve a 3.0 frequency
Low unit cost and low production cost.
per station, per week.
Appeals to listener’s emotional side.
You must buy more than one station in
Copy can be changed quickly & easily. order to achieve reach goals due to
Multiple messages can run during same station loyalty. Even then, it is difficult to
buy. achieve more than a 50% reach.
12. Cable Television
STRENGTHS WEAKNESSES
Excellent for reaching narrowed target Audiences per network are small.
demographic audiences by networks. Subscription rates are rising, causing
Spot rates are low, allowing for higher some people to discontinue service.
frequency. Satellite dish subscribers will not view
local commercials.
Geography can be customized to fit the
Cable penetration varies greatly from
marketing area.
market to market and is not available in
It is a local medium. Advertisers can all areas (particularly rural).
narrow their coverage to specific zones. DVR allows people to skip or fast forward
Various tie-in and promotional through commercials when playing back
opportunities. recorded shows.
Involves both visual and audio senses. The cost of prime time and sports
programming is very expensive.
Commercials can be heard out of view
Spots cannot be revised at the last
from the TV set.
minute. Production lead time is long.
Highly negotiable.
13. Broadcast Television
STRENGTHS WEAKNESSES
Enables the advertiser to reach large, Network share of prime time viewing on
mass audiences with a single exposure. the decline due to cable TV choices.
Presents both audio and visual. Cost-per-thousands continue to rise as
Combines sight, sound, and motion to do the costs per :30 second spot from one
draw the viewer in. year to the next.
Reaches almost all American homes via The cost of prime time and sports
antenna, cable, or satellite dish. programming is very expensive.
Reaches a larger geography than radio. Clutter. Lots of advertising & options.
Rates are highly negotiable. Spots cannot be revised at the last
The medium has a high believability minute. Production lead time is long.
factor and influences consumers. Can Not a cost-efficient, viable medium to
portray a glamorous image for brand reach narrowed, target specific groups of
building. people.
Audience is shrinking.
14. Cinema (Movie Theatres)
STRENGTHS WEAKNESSES
Message is distributed across multiple Limited availability.
screens and reaches various groups of Copy must be 10 words or less.
people in a targeted geographic market. Time spent with ad is very low.
Can incorporate both audio & video.
Space must be reserved approximately
Because of their size they are attention- 30-45 days in advance.
grabbers. Additional fee to change creative or
Consumers are essentially a captive message.
audience waiting for the movie to begin. Creative files are due approximately 3
Potentially cost-effective way to reach an weeks prior to appearing on-screen.
otherwise expensive community.
Can target demographics by movie
rating.
15. Magazines
STRENGTHS WEAKNESSES
Excellent for prestige products and Typically there is a long lead time before
image building campaigns. ad is published.
Long ad life (may be kept for 3-4 Ad cannot be changed at the last minute.
months) with high pass-along Circulation limited to the frequency with
readership. which the publication is issued.
Ads can be aesthetically appealing and Clutter: The typical magazine is 50%
high quality. advertising.
Specialty magazines allow the advertiser Production, especially with color, can be
to target specific consumer groups. expensive.
Regional and local editions allow for Rates can be expensive depending upon
limited geography. publication chosen.
16. Newspapers
STRENGTHS WEAKNESSES
Traditional medium with wide Not the best medium for building
acceptance. awareness or image-building.
Newspaper readers tend to be older and Daily circulations continue to decline
have higher income and education levels. due to the availability of news on the
Reaches large mass audience, primarily Internet.
over 35 years old with a single exposure. No competitive separation.
Excellent for complex messages. Newspapers have no shelf life.
Excellent for sale events. Newspaper ad rates continue to climb
People price-shop in newspapers. due to rising paper costs.
Multi-day discounts are available. Not all readers read the entire paper.
May be available for specific ethnic Newspapers are very cluttered with
groups within a select market. advertisements
17. Free Community Papers
STRENGTHS WEAKNESSES
Can be targeted to specific demographics Quickly discarded, no shelf life.
or lifestyles. Low-quality production.
Typically reaches every household in a Limited creative options.
community – particularly for shoppers. Many ads are overlooked.
Shoppers appeal to bargain hunters –
High level of clutter.
ideal for coupons.
Not paid publications so people don’t
Typically distributed for free.
feel a responsibility to read them.
Readers vary widely depending on
May have negative view of publication if
content & focus of publication. delivered to home without request.
18. Outdoor (Billboards)
STRENGTHS WEAKNESSES
Message can be displayed 24 hours a day, Negative environmental image.
7 days a week. Limited availability.
Boards can be illuminated around the
Copy must be 10 words or less.
clock.
Because of their size they are attention- Time spent with board is very low.
grabbers. Space must be reserved approximately 30
Can be highly creative due to extensions days in advance.
and snipes. Viewer ship is subject to weather
Many are located on highly trafficked conditions, traffic flow, and
highways. environmental factors.
Frequency can be built quickly. Digital billboards have high rates and are
Options available – digital, bulletin, typically shared by 6-8 advertisers.
posters, rotators
Can’t change creative quickly or often
Can run multiple messages on digital
with vinyl billboards.
billboards under same contract.
19. Added Value
Items which do not have an actual cost to the medium
are easier to negotiate.
Typical added value is 10% of buy.
Negotiate per buy and per media outlet.
If you can’t get what you want, ask what they can do.
Use added value for future buys.
Remember your sales rep is there to work with you.
20. Added Value Examples
Broadcast Print Outdoor
Bonus commercials Editorial coverage Additional month or
Sponsorships/Promotions Section placement week at no cost
Online ads Discounted or free Ad design
Social media tie-ins ad adjustments Free or discounted
E-mail promotion
(color, size, etc.) production for vinyl or
Bonus ads posters
Production of commercials
Ad design Additional location at
On-air giveaways
Reduced rates reduced cost
On-air interviews
Online ads
On location remotes
Social media tie-ins
Sponsorships/Promotions
21. Promotions
Usually involve some non-dollar exchange.
Can be centered around a single business.
Small businesses can work together to partner for a
larger promotion.
Work with your sales representatives to develop a
promotion that fits your needs.
When developed and implemented correctly a
promotion will extend your purchased campaign
substantially – improving reach and frequency.
22. Questions
For any future inquiries, I can be reached at:
Vicki Dirksen
Plaid Swan
www.plaidswan.com
563-581-7277
vicki@plaidswan.com