3. Advertisement
• Advertisement is notice or announcement in a public
medium promoting a product ,service or event. And also it is
an audio or visual form of marketing communication.
4. Advertising budget
• An advertising budget is the money a company is willing to set aside to
accomplish its marketing objectives. An advertising budget is an estimation
of a company's promotional expenditures over a period of time.
5. Important questions
Who is the target consumer?
Who is interested to in purchasing the product?
What media type will be more suitable.
What is the relationship between advertising expenditure and the impact of
advertising campaigns on product?
How much profit is likely to be earned for each rupee spent on advertising ?
6. Media planning
• Media planning is generally outsourced to a media agency and entails
sourcing and selecting optimal media platform for a clients brand or product
to use . The job of media planning is to determine the best combination of
media to achieve the marketing campaign objective.
7. Steps of media planning
Targeting
Environmental scan
Understanding the audience
Determination of content
control
8. Phase of media planning
First phase of any media planning is the initial market analysis consist of a
situation analysis and the marketing strategy plan.
The second phase in the media plan is the establishment of media
objective.
Media strategy development and implementation is the third phase and is
the point in the process that is directly influenced by the action.
9. • Set a clear and measurable objective
• Test your creative
• Understand your media plans numbers
• Line up effectiveness plan with advertising objective
• Utilize digital measurement techniques
• Test and learn
How to measure the advertising effects
10. • Create simple models
• Create predictive models
• Track success metrics
• Recognize the art and the science