Chapter 16 Advertising Media: Planning and Analysis Flashcards
Define Media.
General communication methods that carry ad messages (tv, mags)
Define Vehicles.
Specific broadcast programs or print
Define Media Planning.
Design a strategy that shows how investments in advertising time and space will contribute to the achievement of marketing objectives.
List the Media Strategies.
- Selecting the target audience
- Specifying media objectives
- Selecting media categories and vehicles
- Buying media
Specifying media objectives.
- What proportion of a target audience do we want to REACH?
- With what FREQUENCY do we need to expose the audience to our message
- How much total advertising is necessary for (1) and (2) - weight
- How should we allocate the advertising budget over time? (CONTINUITY)
- How close to the time of purchase should the target audience be exposed? (RECENCY)
- What is the most economically way to accomplish these objectives? (COST)
Define Reach.
Percentage of the target audience that is exposed, at least once, during a specified time frame to the vehicles in which our advertising message is inserted.
Reach is AKA?
1+, net coverage, unduplicated audience, and cumulative audience
What are the determines of Reach?
- Use of multiple media
- Diversification of vehicles within each medium
- Varying day parts for radio and TV ads
Define Frequency.
No. of times, on average, during the media-planning period (4wk) that members of the target audience are exposed to the media vehicles that carry a brand’s advertising message.
Define Weight.
The advertising volume require to accomplish advertising objectives.
Define Ratings.
Percentage of an audience that has an OTS as an ad placed in that vehicle.
Define Gross Rating Points (GRPs)
Weight that a particular advertising schedule has delivered.
Aka: total coverage, duplicated audience
GRPs formula:
Reach (R) x Frequency (F)
Define target ratings.
Adjusted vehicle’s ratings that reflect only those individuals who math the advertiser’s target audience.
-Indicate a media schedule’s net (non-wasted) weight
Define Effective Rating Points (ERPs).
Effective reach (or exposures) x frequency