2. TV Buying
β’ Step 1: Request Avails
β’ Provide stations with a request for βavailsβ or available inventory
and pricing.
β’ Include timing, target audience, desired dayparts
β’ Set a deadline
β’ Example:
β’ Client: Whole Foods
β’ Campaign: Summer Grill Out
β’ Length: :30
β’ Timing: May 20 β June 30, 2013 (6 weeks)
β’ Target: Women 35 - 54
β’ Dayparts: EM, EN, PA, PT, LN
3. Dayparts
β’ Early Morning (EM) β 5am to 9am
β’ Daytime (DT) β 9am to 4:30pm
β’ Early Fringe (EF) β 4:30pm to 7pm
β’ Evening News (EN) β 5pm to 7pm
β’ Prime Access (PA) β 7pm to 8pm
β’ Primetime (PT) β 8pm to 11pm
β’ On Sundays, Primetime is 7pm to 11pm
β’ Late News (LN) β 11pm to 11:30pm
β’ Late Fringe (LF) β 11:30pm to 1am
β’ Overnight β 1am to 5am
4. Dayparts
β’ Early Morning (EM) β 5am to 9am
β’ Daytime (DT) β 9am to 4:30pm
β’ Early Fringe (EF) β 4:30pm to 7pm
Overlap
β’ Evening News (EN) β 5pm to 7pm
β’ Prime Access (PA) β 7pm to 8pm
β’ Primetime (PT) β 8pm to 11pm
β’ On Sundays, Primetime is 7pm to 11pm
β’ Late News (LN) β 11pm to 11:30pm
β’ Late Fringe (LF) β 11:30pm to 1am
β’ Overnight β 1am to 5am
5. TV Buying
β’ Step 2: Draft plan
β’ Set daypart GRP and budget goals
β’ Use overall budget range and estimated total GRPS
β’ $65,000 budget, 4 weeks, 600 GRPs
β’ EM β 20%, PA β 10%, EN β 20%, PT β 40%, LN β 10%
β’ EM Goal β $13,000 budget, 120 GRPs
β’ PA Goal - $6,500 budget, 60 GRPs
β’ Get plan as close to ideal
β’ Try to hit GRP goal first β cost can be negotiated
β’ Call back reps to negotiate
6. TV Buying
β’ Step 3: Negotiate
β’ Using CPP as comparison
β’ βIβm buying prime access around $50-$60 CPP. You are currently at $75
CPP. I need you to bring in the rate to be considered on the buy.β
β’ Ex. Access Hollywood, 4.5 rating, $340 cost
β’ $75.55 CPP β need to be under $60 CPP
β’ Adjust rate to $275 gets it to $61 CPP (cut $65 off rate or about 19%)
β’ Rate that will βclearβ
β’ Get a rate that will not get kicked out by another advertiser
β’ Step 4: Contract / Reserve spots
7. Radio Buying
β’ Same as TV
β’ Request Avails
β’ Set Budget / GRP Goals
β’ Negotiate
β’ Place Buy
β’ Dayparts slightly different
β’ AM β Morning Drive 6am β 10am
β’ MD β Midday 10am β 3pm
β’ PM β Afternoon Drive 3pm β 6pm
β’ Evening β 7pm β 12mid
β’ Overnights β 12mid β 6am
β’ Rotators β all day, 6am-6pm
8. Radio Buying
β’ Same as TV
β’ Request Avails
β’ Set Budget / GRP Goals
β’ Negotiate
β’ Place Buy
β’ Dayparts slightly different
β’ AM β Morning Drive 6am β 10am Majority of buys
β’ MD β Midday 10am β 3pm purchased in
β’ PM β Afternoon Drive 3pm β 6pm these dayparts
β’ Evening β 7pm β 12mid
β’ Overnights β 12mid β 6am
β’ Rotators β all day, 6am-6pm
9. Digital Buying
β’ Typically based on impressions, although can be purchased on
a monthly basis.
β’ CPM rates β can be negotiated
β’ $10 CPM
β’ 50,000 impressions = $500 ($10 x 50 = $500)
β’ Rates vary based on ad type
β’ Share of Voice β SOV
β’ Based on site inventory, historical impression levels
β’ Ex. WRAL has an average 108 million monthly impressions
β’ 10% SOV is 10.8M impressions
β’ Focus on a page and try to have a good presence there
β’ Home Page
β’ News
β’ Weather
13. Digital Buying
β’ Pay Per Click
β’ Search advertising
β’ Set daily budgets
β’ Set cost per click
β’ Reporting
β’ CTR (click through ratio) β Used to measure engagement of the ad
β’ Impressions β Measurement of opportunity to see the ad / served
by ad server
β’ Analytics
β’ Specialize in analytics / tracking of digital advertising
14. Out-of-Home Buying
β’ Billboards
β’ Traditional (Static)
β’ Mobile
β’ Digital
β’ Tri-vision
β’ Transit (subway, bus, taxi)
β’ Guerilla outdoor
Based on availability
Long term contracts (3 month minimum)
Frequency medium
15. Out-of-Home Buying
β’ Request board availability
β’ Can be purchased individually or in terms of βshowingβ
β’ 50 showing = 50% reach of the market
β’ 25 showing = 25% reach of the market
β’ Production/Printing extra
β’ Measurements
β’ DEC β Daily Effective Circulation
β’ Used to compare boards for traffic numbers
β’ EOI β Eyes On Impressions
β’ Adopted in 2011, revised ratings system. Adjusts for different types of
outdoor.
16. Out-of-Home Buying
β’ Choosing boards
β’ Traffic patterns
β’ Visibility
β’ Cost
β’ Reporting
β’ Proof of performance (picture of board)
β’ Attribute direct URL to outdoor
β’ Creative
β’ Large impact
β’ Short messaging
β’ Some of the more creative advertising executions