2. Class Objectives Identify the factors that influence media strategy and tactics Describe the different advertising schedules and their purposes Explain the role of the media buyer
4. Developing a Media Strategy: The Media Mix The 5 Ms Media Markets Mechanics Methodology Money Selecting & scheduling media to get the desired message weight, reach, frequency & continuity. The various targets of a media plan – the audiences How much to budget and where to allocate it All communi-cation vehicles available to a marketer, anything you can put your name on The details of buying each medium: air time, ad sizes, rates, production costs, etc.
18. Brand Development Index Brand Development Index (BDI) indicates sales strength of a brand in a specific market. BDI = % of brand’s total U.S. sales in area x 100 % of total U.S. population in area Los Angeles makes up 1.58% of Brand X Shoes’ total U.S. sales. The city has 2% of the total U.S. population. BDI < 100 = poor brand development BDI > 100 = good brand development BDI = 1.58x 100 = 79 2
19. Category Development Index Category Development Index (CDI) indicates sales strength of a whole product category in a specific market. CDI = % of product category’s total U.S. sales in area x 100 % of total U.S. population in area If Los Angeles makes up 4.92% of total shoe category sales in the U.S., then… CDI < 100 = poor category sales CDI > 100 = good category sales CDI = 4.92x 100 = 246 2
20. What Do BDI & CDI Indicate? BDI and CDI help the media planner determine a media strategy for the market. Low brand sales, strong category: Problem or opportunity?
21. Competition& Budget Media Mix: Competition & Budgets Media, Mechanics & Methodology PlanScope BrandDevelopment Market’sSalesPotential CategoryDevelopment DecisionFactors Who’s the competition? What media are they using? How much are they spending?
27. MessageSize &Position Media Mix: Message Size & Positioning Media & Mechanics The nature of each medium and the advertiser’s message dictate the media to use and how often to use them. (Pros & Cons) PlanScope BrandDevelopment Market’sSalesPotential CategoryDevelopment DecisionFactors Competition& Budget MediaAvailability &Economics Media &Mood ofMessage
29. BuyerPurchasePatterns Media Mix: Buyer Purchase Patterns All 5 M’s How, how often, when & where is product bought? PlanScope BrandDevelopment Market’sSalesPotential CategoryDevelopment DecisionFactors Competition& Budget MessageSize &Position MediaAvailability &Economics Media &Mood ofMessage
36. Role of the Print Media Buyer Media Buyers often specialize in one medium or another and are responsible for: Knowing the marketplace Negotiating the buy Monitoring performance