12 - Media Planning Essentials Flashcards

1
Q

2 types of advertising expenditures

A
  1. Measured media (above-the-line promotions) - traditional advertising (TV, radio, internet…)
  2. Unmeasured media (below-the-line promotions) - everything else (coupons, events, internet search, shelf placement…)
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2
Q

Media planning definition

A

Determines where and when the advertiser’s money is spent.

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3
Q

Media plan definiton

A

Specifies the media in which advertising messages will be placed to reach the desired target audience.

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4
Q

Media class definition

A

A broad category of media, such as television, radio or newspapers.

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5
Q

Media vehicle definition

A

Particular option for placement within a media class

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6
Q

Media mix definition

A

Blend of media that will be used to reach the target audience.

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7
Q

Micromarketing

A

a marketing strategy that uses consumer data and demographics to identify the interests of specific individuals or very small groups of like-minded individuals and influence their thoughts or actions.

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8
Q

Single-source tracking services

A

Offer info not only on demographics but also on brands, purchase size, purchase frequency, prices paid, and media exposure

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9
Q

Determining the geographic scope of media placement

A

Identify media that cover the same geographic area as the advertiser’s distribution system.

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10
Q

Geo-targeting definition

A

Placement of ads in geographic regions where higher purchase tendencies for a brand are evident.

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11
Q

Reach definition

A

The number of people or households in a target audience that will be exposed to a media vehicle or schedule at least one time during a given period of time.

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12
Q

Frequency definition

A

The average number of times an individual or household within a target audience is exposed to a media vehicle in a given period of time (typically a week or a month)

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13
Q

Effective frequency definiton

A

The number of times a target audience needs to be exposed to a message before the objectives of the advertiser are met - either communications objectives or sales impact.

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14
Q

Effective reach definition

A

The number or percentage of consumers in the target audience that are exposed to an ad some minimum number of times.

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15
Q

Message weight definiton

A

The gross number of advertising messages or exposure opportunities delivered by the vehicles in a schedule.

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16
Q

Gross impressions definition

A

The sum of exposures to the entire media placement in a media plan.

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17
Q

Potential ad impressions definition

A

Exposures by the media vehicles carrying advertisements

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18
Q

Message impressions definition

A

Exposure to the ads themselves

19
Q

Gross Rating Points (GRP)

A

The product of reach times frequency (r*f)

20
Q

Continuity definition

A

Pattern of placement of advertisments in a media schedule

21
Q

Continuous scheduling definiton

A

Pattern of placing ads at a steady rate over a period of time.

22
Q

Flighting definition

A

Scheduling heavy advertising for a period of time, usually two weeks, then stopping advertising for a period, only to come back with another heavy schedule.

23
Q

Pulsing definition

A

Ads are scheduled continuously in media over a period of time, but with periods of much heavier scheduling (the flight). Good technique for for products that are sold regularly, such as clothes.

24
Q

Forgetting function

A

We can predict peoples forgetting patterns - 1958 Hubert Zielske study

25
Q

Square root law

A

The recognition of print ads increases with the square of the illustration.

26
Q

Share of voice definiton

A

The calculation of any one advertiser’s brand expenditures relative to the overall spending in a category

27
Q

Cost per thousand definition (CPM)

A

The dollar cost of reaching 1,000 members of an audience using a particular medium

28
Q

Media buying definition

A

Securing the electronic media time and print media space specified in a schedule

29
Q

Agency of record definiton

A

The ad agency chosen by the advertiser to purchase time and space.

30
Q

Media-buying service definition

A

An independent organization that specializes in buying large blocks of media time and space and reselling it to advertisers.

31
Q

Media Objectives

A
  1. Identify target audience
  2. Geographic scope
  3. Timing and continuity
  4. Media Context / fit
  5. Size & length
32
Q

Identify target audience (Media Objectives)

A

♠ The Challenge
• Find similarities between the TGT MKT and media audience
♠ Use data
• Media research organization (MRI, Simmons)
• Single-source tracking services (Nielsen)
♠ Not easy!
• Apples and oranges problem

33
Q

Geographic scope (Media Objectives)

A

♠ The Challenge:
- Identify media that cover the same geographic are as the brads distributing system.
♠ Geo-targeting:
- Place ads in geographic areas where purchasing of a brand is higher

34
Q

Timing and continuity options (Media Objectives)

A
  1. Continuous
  2. Pulsing
  3. Flight
35
Q

Media Context / fit (Media Objectives)

A

♠ The Challenge:
- Chosen media must be compatible with the advertising strategy
- Chosen media must reflect positively on the brand—tone must be appropriate
♠ Remember …
- The source itself can effect perceptions of the brand

36
Q

Size & length (Media Objectives)

A

♠ The Challenge:
- Determine the appropriate size (print) or length (electronic) of the ad
♠ Decisions based on:
- Creative requirements (e.g., image development -> longer ads)
- Media budget
- Competitive environment

37
Q

21st Century Media Planning Trends

A
  1. More Media
  2. Globalization
  3. Consumer Empowerment
38
Q

More media (21st Century Media Planning Trends)

A

♠ All new sorts of media “species”
• viral marketing, branded entertainment, etc.
♠ New media & IBP
• cheaper and can be more effective

39
Q

Globalization (21st Century Media Planning Trends)

A
  • Media are now transnational
  • Companies can reach all new markets
  • Exiting and challenging - How can media
    planners measure audiences across cultures?
40
Q

Consumer Empowerment (21st Century Media Planning Trends)

A

♠ Consumers are accustomed to free content
- Why pay for a magazine when we can read its content online for free?
♠ Consumers choose more no-ad channels and have more tools to avoid ads
- People will pay to avoid ads
♠ Consumers co-create brands
- We buy, review, and ultimately help shape brand
identities

41
Q

Identifying target audiences …

A

Is where “art” can be seen in the area of media planning; it takes creative vision to find media vehicles that speak to very specific customer
profiles

42
Q

Media selection - competitive media assessment

A
‣ The premise
• Assess competitors’
media spending
‣ Especially useful
• Several major brands
going after the same consumer MKT
43
Q

Regarding efficiency measures …

A

Remember that they are based on cost and coverage and say nothing about the quality / effectiveness of the advertising