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Strategic Media Management (YSP 511)
Presented by:
1) Noorazlin Ani
2) Tengku Adrian
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
What a Media Planner needs to know
 Identifies the main problem.
 Assesses elements of marketing such as
product quality, product uses, pricing,
distribution methods, packaging, sales
promotion use, personal selling activities,
public relations and advertising.
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Situation Analysis
 Situation analysis is research prepared in document, excel
spreadsheet or powerpoint presentation to provide the
background to media planner to prepare plan. Must include:
i) History of the market
- Analysis about geographic sales distribution, market size in dollar
and unit, market shares, seasonal effect and price effect. The
goal to find out where are brand position now in the market share
and how the got there.
- E.g. pricing history
ii) Distribution channel
- The objective to learn how a brand and its competitor distribute
product. Include shelf-facing, inventories held, out of stock
situation, method of selling, display and advertising, allowances
and how and why promotion is used.
Situation Analysis
 Problem of selling sometimes because of poor
distribution not advertising.
iii. Consumer of the product
 Profile of user that generic product type include
personal demographics such as age, gender, income
and occupation as well as geographic location.
 A consumer profile of those who buy specific brand
versus those who buy competing products is important
as well
Situation Analysis
iv)Product
- History of the product and how it is develop is included
in the section of the analysis, when and why product
change, consumer perception of the value of the
various brand.
v) Advertising and media analysis
- Analysis media expenditure for competing brand
include media classed used, named individual
vehicles, creative size, gross rating point (GRP‟s) in
total, etc
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Marketing Strategy Plan
After situation analysis :
1. search selling opportunities - marketing fact that exist without
much money or effort, sell product naturally.
2. problem –demand some action to correct the situation e.g.
situation which brand does not have competitive advantage or losing
share of market for number of reason. Some advertiser phase it
SWOT analysis.
e.g. Brand x selling well but spend less for advertising than three
other competitor. It is possible with equal budget or even lower than
competitor, our sale s and share can be increase or enhance?
MSP consists of planning
that solve major problem and
take advantage of the
opportunities
Major goals in strong marketing strategy and
plan:
Setting objective
that will solve
existing problem &
take advantage of
opportunities
Decide how
product should be
sold
Determine to whom
the main selling effort
(selling strategy)
Determine roles
various elements
of marketing mix
Determine what
adjustment should be
made in package
shapes or size
Determine how
much should be
spent
Marketing objectives
Outline for basic marketing strategy statement pg 146-147
Most marketing objective to achieve share market for
the brand or other related to communication
objectives.
E.g. to increase share in an expanding segment of „X”
market, to regain lost volume – increase sale
maximum of 5 percent and, in turn shoot for 14
percent of share market etc
Marketing Mix & strategy
The idea: takes a number of different marketing
mix element to sell product.
E.g. Selling bottled water need price, distribution,
advertising and sales promotion, while
automobile need product, price, distribution,
sales promotion, public relation and advertising.
Estimating cost of marketing plan involved 2 separated
costs:
Budget
Estimating media cost
• Obtain from media
research services that
provided this information
such as SQAD for radio &
television cost
• SRDS for cost of magazine
and newspaper advertising
Estimating production
cost
• Allocating given percentage
of total budget for the
purpose advertising,
specific production,
artwork, typography,
videotape or film
Creative Strategy
Creative strategy gives direction to planner to
choose the medium and to select combination of
the media.
E.g. an integral part requires magazines, direct
mail, newspaper supplement, television,
streaming video or other media that offer quality
colour.
Dealer and distribution
A major factor in media decision making is the
product geographic distribution.
Dealer also influence media decision because
they are so important in selling at the local level
They communicate with the agency indirectly
through distributor, wholesales and
salespersons.
Overall Sales strategy
Media planner should examine each element of
marketing mix to determine how effect media
selection and use.
E.g. media planner should choose the right
marketing mix or combine all marketing strategy
to maximize the effectiveness of media decision.
Test Marketing
Test marketing situation might use three market to test
below objectives can be attained:
 to gain substantial of each market‟s sales
 to determine whether the total market for the product
can be expanded.
 to determine how many market purchases will be
made
 to accomplish the fist three objectives within a
reasonable length of time at a reasonable profit (this is
requires special media planning)
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Competitive Media Expenditure
Analysis
Planner should assess weaknesses in
competitor media tactic. E.g. not using media
properly, dissipated advertising money in too
many media, missing important segment in the
market.
This error represent opportunities in media
selection and use and should be exploited.
Principal Sources of Expenditure Data
Media spending information can be obtained by
subscription to two most widely reporting services:
1. Kantar Media intelligence
2. Nielsen Monitor Plus
 These service do not provide a perfect picture of every
dollar in every medium for every product
 The best way to asess the accuracy of competitive
media report is to compare the finding of this report to
actual media used for the product you have planned
and placed in media.
 The accuracy depends on the level of granularity –
how close you look
KANTAR MEDIA & NIELSON
measure comprehensive data
following 17 major data:
• NETWORK TV
• SPOT TV
• CABLE TV NETWORK
• NATIONAL SYNDICATION TV
• HISPANIC NETWORK TV
• HISPANIC CABLE TV
• NETWORK RADIO
• SPOT RADIO (nationally
placed)
• SPOT RADIO (LOCALLY
PLACED)
KANTAR MEDIA & NIELSON
measure comprehensive data
following 17 major data:
• National consumer magazines
• Local consumer magazines
• Sunday supplements
• Local newspapers
• National newspaper
• Outdoor
• Free standing Inserts (FSI)
• Online display advertising (for
search , impressions only)
Gathering and Assembling the Data
Involves to major tasks:
1. Gather and assemble Data
2. Analyse data
 Determine how much each competitor spends
annually in each medium and the five year trend of
spending.
 To make data meaningful analyze expenditure for
individual brand rather than total expenditure to the
company
Five years trend of total spending in category by advertiser
Last year’s spending by medium by advertise
Last year’s spending by month by advertiser
A good starting point Three
ways analysis
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Analysing the Data
Using competitive media expenditure analyses
to understand the competition
Analysing the Data:
Using Competitive Media Expenditure
Analyses
1. show the regionality
and seasonality and how
these factors are
changing for all
competitive brands.
2. Give a fix on ad budget
size and media mix,
market by market
3. Use the data to spot new-
product tests and to track
new-brand rollouts.
4. Infer from where the
money is being spent
5. Watch spending
patterns of the
competitors
6. Make better decisions
on how to compete
7. Essential to
estimate cost
(for new-
product and
line-extension
planning)
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
International Competitive Analysis
Objectives :
· to describe and give an understanding of the
different ways of analysing competition
· to show how to develop strategies based on
competitive analysis and
· to give examples to ensure understanding of
the techniques.
International Competitive Analysis:
Factors affecting international competitiveness for products/commodities
Factor Vector
Market research Income, tastes, resources and
strengths of competing, suppliers,
work patterns, population clusters,
price, elasticities
Macroeconomics and sector
policies
Terms of access and trade, price
policies, fiscal and monetary
policies, tariff and non tariff barriers
Natural resources and human
capital
Geological resources, labour,
climate, experience
Physical, technical, and social
infrastructure
Transport, credit, market
information, extension,
communications, marketing
extension, post harvest facilities
Micro marketing relationships Quality control, efficiencies of
management- buying, selling,
handling, production, marketing,
promotion, credit coordination,
market research, risk analysis,
relationship building.
International Competitive Analysis
Companies that provide international competitive
analysis:
1. Nielsen Global Ad View
2. Kantar Media
3. Xtreme Information
International Competitive Analysis
Planners seeking an international competitive
report must prepare a request for proposal
(RFP) from the 3 services, listing: -
 the countries;
 inclusive dates;
 report frequency;
 media to be reported; and
 advertisers or product category to be tracked.
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Managing Media Planning and Buying
The most innovative and highly
creative advertising in the world
can fail if it’s presented to the
wrong audience, or if it’s
presented at the wrong time, or if
it’s presented in the wrong place.
Managing Media Planning and Buying
• Media planning: The series of decisions involved
in delivering the message to the target audience.
• Media plan: The actual document detailing media
planning decisions.
• Media objectives: Objectives of media plan.
• Media strategies: action plans to reach objectives.
• Medium: channel such as print, broadcast.
• Media vehicle: Specific carrier in a media category
(television, magazines).
Managing Media Planning and Buying
Workhorse Software
- Developers of Mediatools
Nielsen-IMS
- Developers of Brandfx
* Media plans laid out in Excel spreadsheet
Managing Media Planning and Buying
MEDIATOOLS is a family of integrated
components that provides a seamless media
planning environment for advertisers and
advertising agencies.
Managing Media Planning and Buying
For THE PLANNING AGENCY
MEDIATOOLS includes an advanced, yet easy-to-use
flowcharting tool for media planners to prepare and
communicate media plans.
Extensive plan management functions including version
control and the ability to check plans in and out of the
MEDIATOOLS database help organise the planning
process.
Managing Media Planning and Buying
For THE AOR
MEDIATOOLS provides a number of tools that help
streamline the workflow between media planning and
buying groups.
Buyers can populate cost sources with planning cost-per-
point information or Print Insertion data and selectively
share it with planners.
All modifications to cost sources are logged, and
MEDIATOOLS can be configured to alert planners by
email when new costs are available.
Managing Media Planning and Buying
For THE ADVERTISER
Beneath an intuitive interface lies a powerful relational
database that provides a reliable and secure receptacle
for planning information.
Uniquely capable of providing advertisers with the timely
and accurate information they need.
Customizable ad-hoc reports can analyse and compare
planned, authorized, and even post-buy data, grouped in
a virtually unlimited number of ways.
Contents
i. What a Media Planner needs to know
ii. Situation Analysis
iii. Marketing Strategy Plan
iv. Competitive Media Expenditure Analysis
v. Analysing the Data
vi. International Competitive Analysis
vii. Managing Media Planning and Buying
viii. Sources of Marketing Data
Sources of Marketing Data
Major Data Services
- syndicated research services
The Nielsen Company (www.nielsen.com)
Information Resources, Inc. (IRI) (www.infores.com)
- single-source research
Mediamark Research & Intelligence, LLC (MRI)
Experian Simmons
Sources of Marketing Data
Other sources of data
Sales & Marketing Management Survey of Buying Power
(www.salesandmarketing.com)
1. Population and household data
2. Effective buying income and spending statistics
3. Retail sales data by broad product classes
Sources of Marketing Data
Other sources of data (cont‟d.)
SRDS (www.srds.com)
Marketer‟s Guide to Media
TV Dimensions
Census Data
Media Studies of Special Markets
Advertising Trade Publications
Associations
Miscellaneous Sources
Case Study
Case Study:
Marketing Strategy & Media Planning
- increased overall spending for advertising by
$12,791,000 from 2009 to 2011.
- To increase awareness - advertised on network, spot,
syndicated, and cable TV in 2011 to keep up with
competitors.
- Competitors:
1. Fage
2. Activia
Case Study:
Marketing Strategy & Media Planning
Chobani
Overall ad spending:
$12,791,000
2011 campaign
entitled “Real Love
Stories” - two TV
commercials, digital
and OOH ads.
Advertised on
network, spot,
syndicated, and cable
TV in 2011 to keep up
with competitors.
Activia
$63,000,000
Fage
$4,263,666
“Plain” commercial -
sets itself apart with a
poetic and metaphoric
commercial, complete
with detailed computer
animations.
Print campaign - target
market - young
women.
Case Study:
Marketing Strategy & Media Planning
Findings
Most yogurt companies use magazine, network, spot,
and cable television advertising.
“Magazine advertising offers high quality production and
color, flexible scheduling, selective readership, and
flexibility in format. Readers can linger over
advertisements, developing a more lasting effect with
potential customers. Television allows the use of
demonstration and visuals, has mass coverage, has a
bigger impact on consumers with the combination of
sight and sound, is versatile and has a higher repetition
rate”.
Case Study:
Marketing Strategy & Media Planning
Findings (cont‟d.)
Outdoor, newspaper, and network radio advertising are
rarely used.
“Outdoor advertising requires a short message, limiting
creativity and legal restrictions. Newspaper
advertisements offer poor production quality and radio
advertisements offer no visuals and are easily ignored.
Yogurt companies want their products to look appetizing
and delicious, which is not easily depicted in newspaper
or radio advertising.”
Case Study:
Marketing Strategy & Media Planning
Strategy
Expand into magazine advertising because it has the
advantages of a flexible schedule, a higher quality of
production, flexibility in format, and selective readership
that permits segmentation.
Use more non-traditional media like adding coupons to
grocery store flyers with newspapers to get new
customers to purchase product for the first time.
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Implement a budget of $26,000,000. Increasing the
budget by $13,000,000 is a realistic estimate considering
Chobani‟s rapid growth and market share increase over
the past year.
“And while Chobani sits atop the yogurt category, the
explosive growth of the Greek-yogurt trend means an
influx of competition by big marketers with hefty ad
budgets.
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Partner the Chobani Live Kitchen Series with Farmers
Markets in the top ten healthiest cities in the U.S.: San
Francisco, CA; Sacramento, CA; Portland, OR; Seattle,
WA; Denver, CO; Minneapolis, MN; Boston, MA;
Hartford, CT; Washington, D.C. and Virginia Beach.
* Organic yogurt users are more likely to live on the West
Coast and in the North East. Minneapolis, Boston,
Portland, Denver, San Francisco, Hartford, Washington
D.C., Virginia Beach and Sacramento are the cities with
the healthiest and fittest residents (Kim, 2011).
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Drive the CHOmobile, from the West Coast and the East
Coast, to visit these ten different Farmers Markets on the
first and third Saturday of the month from April to August,
the prime market months.
Hold events in April in San Francisco (Ferry Plaza
Farmers Market, April 7, 8 a.m.- 2 p.m.) then Sacramento
(Sunrise Mall, April 21, 8 a.m. - 12 p.m.; “Ferry,” 2005
and Milado).
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Locate the Chobani promotional counter next to fruit and
vegetable stands for live cooking demonstrations that
incorporate both Chobani yogurt and fresh produce from
the Farmers Market.
Give out free samples to market goers to taste and
witness the versatility of the product.
Chobani chefs doing live demonstrations also talk about
Chobani yogurt‟s health benefits.
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
The Chobani Live Kitchen Demos, and in addition,
market goers turn in recipes for the most unique and
delicious use of Chobani yogurt for a chance to add their
recipe onto the Chobani website.
The Chobani Kitchen Live Series that promotes healthy
eating as well as the Chobani product - kitchen
demonstrations at farmers markets because people who
attend these activities are concerned about their health
by choosing fresh produce and participate in outdoor
family activities.
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Give canvas tote bags to market goers as non-traditional
promotional advertising..
In addition to this non-traditional promotional advertising
idea, place ads in traditional media. Emphasise
advertising through social media networks to provide info
and pictures for followers and update them on the
Chobani Live Kitchen events.
Case Study:
Marketing Strategy & Media Planning
Strategy (cont‟d.)
Because the farmers markets agree to partner with
Chobani to launch the Chobani Live Kitchen Series,
donate $5,000 to the Farmers Market Coalition, a
nonprofit organization.
This donation continues Chobani‟s reputation as a
company that gives back to the community and shows
Chobani‟s support for family events and healthy eating
through farmers markets.
Thank You
Media is first an audience
gatherer, then an ad
engagement gate-keeper. It
can assist engagement by
attracting an audience suited
to the message and by
keeping them attentive ... or
not.
– Erwin Ephron, US advertising author

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presentation-marketingstrategyandmediaplanning-121022064556-phpapp02 (1).pdf

  • 1. Strategic Media Management (YSP 511) Presented by: 1) Noorazlin Ani 2) Tengku Adrian
  • 2. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 3. What a Media Planner needs to know  Identifies the main problem.  Assesses elements of marketing such as product quality, product uses, pricing, distribution methods, packaging, sales promotion use, personal selling activities, public relations and advertising.
  • 4. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 5. Situation Analysis  Situation analysis is research prepared in document, excel spreadsheet or powerpoint presentation to provide the background to media planner to prepare plan. Must include: i) History of the market - Analysis about geographic sales distribution, market size in dollar and unit, market shares, seasonal effect and price effect. The goal to find out where are brand position now in the market share and how the got there. - E.g. pricing history ii) Distribution channel - The objective to learn how a brand and its competitor distribute product. Include shelf-facing, inventories held, out of stock situation, method of selling, display and advertising, allowances and how and why promotion is used.
  • 6. Situation Analysis  Problem of selling sometimes because of poor distribution not advertising. iii. Consumer of the product  Profile of user that generic product type include personal demographics such as age, gender, income and occupation as well as geographic location.  A consumer profile of those who buy specific brand versus those who buy competing products is important as well
  • 7. Situation Analysis iv)Product - History of the product and how it is develop is included in the section of the analysis, when and why product change, consumer perception of the value of the various brand. v) Advertising and media analysis - Analysis media expenditure for competing brand include media classed used, named individual vehicles, creative size, gross rating point (GRP‟s) in total, etc
  • 8. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 9. Marketing Strategy Plan After situation analysis : 1. search selling opportunities - marketing fact that exist without much money or effort, sell product naturally. 2. problem –demand some action to correct the situation e.g. situation which brand does not have competitive advantage or losing share of market for number of reason. Some advertiser phase it SWOT analysis. e.g. Brand x selling well but spend less for advertising than three other competitor. It is possible with equal budget or even lower than competitor, our sale s and share can be increase or enhance?
  • 10. MSP consists of planning that solve major problem and take advantage of the opportunities
  • 11. Major goals in strong marketing strategy and plan: Setting objective that will solve existing problem & take advantage of opportunities Decide how product should be sold Determine to whom the main selling effort (selling strategy) Determine roles various elements of marketing mix Determine what adjustment should be made in package shapes or size Determine how much should be spent
  • 12. Marketing objectives Outline for basic marketing strategy statement pg 146-147 Most marketing objective to achieve share market for the brand or other related to communication objectives. E.g. to increase share in an expanding segment of „X” market, to regain lost volume – increase sale maximum of 5 percent and, in turn shoot for 14 percent of share market etc
  • 13. Marketing Mix & strategy The idea: takes a number of different marketing mix element to sell product. E.g. Selling bottled water need price, distribution, advertising and sales promotion, while automobile need product, price, distribution, sales promotion, public relation and advertising.
  • 14. Estimating cost of marketing plan involved 2 separated costs: Budget Estimating media cost • Obtain from media research services that provided this information such as SQAD for radio & television cost • SRDS for cost of magazine and newspaper advertising Estimating production cost • Allocating given percentage of total budget for the purpose advertising, specific production, artwork, typography, videotape or film
  • 15. Creative Strategy Creative strategy gives direction to planner to choose the medium and to select combination of the media. E.g. an integral part requires magazines, direct mail, newspaper supplement, television, streaming video or other media that offer quality colour.
  • 16. Dealer and distribution A major factor in media decision making is the product geographic distribution. Dealer also influence media decision because they are so important in selling at the local level They communicate with the agency indirectly through distributor, wholesales and salespersons.
  • 17. Overall Sales strategy Media planner should examine each element of marketing mix to determine how effect media selection and use. E.g. media planner should choose the right marketing mix or combine all marketing strategy to maximize the effectiveness of media decision.
  • 18. Test Marketing Test marketing situation might use three market to test below objectives can be attained:  to gain substantial of each market‟s sales  to determine whether the total market for the product can be expanded.  to determine how many market purchases will be made  to accomplish the fist three objectives within a reasonable length of time at a reasonable profit (this is requires special media planning)
  • 19. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 20. Competitive Media Expenditure Analysis Planner should assess weaknesses in competitor media tactic. E.g. not using media properly, dissipated advertising money in too many media, missing important segment in the market. This error represent opportunities in media selection and use and should be exploited.
  • 21. Principal Sources of Expenditure Data Media spending information can be obtained by subscription to two most widely reporting services: 1. Kantar Media intelligence 2. Nielsen Monitor Plus  These service do not provide a perfect picture of every dollar in every medium for every product  The best way to asess the accuracy of competitive media report is to compare the finding of this report to actual media used for the product you have planned and placed in media.  The accuracy depends on the level of granularity – how close you look
  • 22. KANTAR MEDIA & NIELSON measure comprehensive data following 17 major data: • NETWORK TV • SPOT TV • CABLE TV NETWORK • NATIONAL SYNDICATION TV • HISPANIC NETWORK TV • HISPANIC CABLE TV • NETWORK RADIO • SPOT RADIO (nationally placed) • SPOT RADIO (LOCALLY PLACED) KANTAR MEDIA & NIELSON measure comprehensive data following 17 major data: • National consumer magazines • Local consumer magazines • Sunday supplements • Local newspapers • National newspaper • Outdoor • Free standing Inserts (FSI) • Online display advertising (for search , impressions only)
  • 23. Gathering and Assembling the Data Involves to major tasks: 1. Gather and assemble Data 2. Analyse data  Determine how much each competitor spends annually in each medium and the five year trend of spending.  To make data meaningful analyze expenditure for individual brand rather than total expenditure to the company
  • 24. Five years trend of total spending in category by advertiser Last year’s spending by medium by advertise Last year’s spending by month by advertiser A good starting point Three ways analysis
  • 25. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 26. Analysing the Data Using competitive media expenditure analyses to understand the competition
  • 27. Analysing the Data: Using Competitive Media Expenditure Analyses 1. show the regionality and seasonality and how these factors are changing for all competitive brands. 2. Give a fix on ad budget size and media mix, market by market 3. Use the data to spot new- product tests and to track new-brand rollouts. 4. Infer from where the money is being spent 5. Watch spending patterns of the competitors 6. Make better decisions on how to compete 7. Essential to estimate cost (for new- product and line-extension planning)
  • 28. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 29. International Competitive Analysis Objectives : · to describe and give an understanding of the different ways of analysing competition · to show how to develop strategies based on competitive analysis and · to give examples to ensure understanding of the techniques.
  • 30. International Competitive Analysis: Factors affecting international competitiveness for products/commodities Factor Vector Market research Income, tastes, resources and strengths of competing, suppliers, work patterns, population clusters, price, elasticities Macroeconomics and sector policies Terms of access and trade, price policies, fiscal and monetary policies, tariff and non tariff barriers Natural resources and human capital Geological resources, labour, climate, experience Physical, technical, and social infrastructure Transport, credit, market information, extension, communications, marketing extension, post harvest facilities Micro marketing relationships Quality control, efficiencies of management- buying, selling, handling, production, marketing, promotion, credit coordination, market research, risk analysis, relationship building.
  • 31. International Competitive Analysis Companies that provide international competitive analysis: 1. Nielsen Global Ad View 2. Kantar Media 3. Xtreme Information
  • 32. International Competitive Analysis Planners seeking an international competitive report must prepare a request for proposal (RFP) from the 3 services, listing: -  the countries;  inclusive dates;  report frequency;  media to be reported; and  advertisers or product category to be tracked.
  • 33. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 34. Managing Media Planning and Buying The most innovative and highly creative advertising in the world can fail if it’s presented to the wrong audience, or if it’s presented at the wrong time, or if it’s presented in the wrong place.
  • 35. Managing Media Planning and Buying • Media planning: The series of decisions involved in delivering the message to the target audience. • Media plan: The actual document detailing media planning decisions. • Media objectives: Objectives of media plan. • Media strategies: action plans to reach objectives. • Medium: channel such as print, broadcast. • Media vehicle: Specific carrier in a media category (television, magazines).
  • 36. Managing Media Planning and Buying Workhorse Software - Developers of Mediatools Nielsen-IMS - Developers of Brandfx * Media plans laid out in Excel spreadsheet
  • 37. Managing Media Planning and Buying MEDIATOOLS is a family of integrated components that provides a seamless media planning environment for advertisers and advertising agencies.
  • 38. Managing Media Planning and Buying For THE PLANNING AGENCY MEDIATOOLS includes an advanced, yet easy-to-use flowcharting tool for media planners to prepare and communicate media plans. Extensive plan management functions including version control and the ability to check plans in and out of the MEDIATOOLS database help organise the planning process.
  • 39. Managing Media Planning and Buying For THE AOR MEDIATOOLS provides a number of tools that help streamline the workflow between media planning and buying groups. Buyers can populate cost sources with planning cost-per- point information or Print Insertion data and selectively share it with planners. All modifications to cost sources are logged, and MEDIATOOLS can be configured to alert planners by email when new costs are available.
  • 40. Managing Media Planning and Buying For THE ADVERTISER Beneath an intuitive interface lies a powerful relational database that provides a reliable and secure receptacle for planning information. Uniquely capable of providing advertisers with the timely and accurate information they need. Customizable ad-hoc reports can analyse and compare planned, authorized, and even post-buy data, grouped in a virtually unlimited number of ways.
  • 41. Contents i. What a Media Planner needs to know ii. Situation Analysis iii. Marketing Strategy Plan iv. Competitive Media Expenditure Analysis v. Analysing the Data vi. International Competitive Analysis vii. Managing Media Planning and Buying viii. Sources of Marketing Data
  • 42. Sources of Marketing Data Major Data Services - syndicated research services The Nielsen Company (www.nielsen.com) Information Resources, Inc. (IRI) (www.infores.com) - single-source research Mediamark Research & Intelligence, LLC (MRI) Experian Simmons
  • 43. Sources of Marketing Data Other sources of data Sales & Marketing Management Survey of Buying Power (www.salesandmarketing.com) 1. Population and household data 2. Effective buying income and spending statistics 3. Retail sales data by broad product classes
  • 44. Sources of Marketing Data Other sources of data (cont‟d.) SRDS (www.srds.com) Marketer‟s Guide to Media TV Dimensions Census Data Media Studies of Special Markets Advertising Trade Publications Associations Miscellaneous Sources
  • 46. Case Study: Marketing Strategy & Media Planning - increased overall spending for advertising by $12,791,000 from 2009 to 2011. - To increase awareness - advertised on network, spot, syndicated, and cable TV in 2011 to keep up with competitors. - Competitors: 1. Fage 2. Activia
  • 47. Case Study: Marketing Strategy & Media Planning Chobani Overall ad spending: $12,791,000 2011 campaign entitled “Real Love Stories” - two TV commercials, digital and OOH ads. Advertised on network, spot, syndicated, and cable TV in 2011 to keep up with competitors. Activia $63,000,000 Fage $4,263,666 “Plain” commercial - sets itself apart with a poetic and metaphoric commercial, complete with detailed computer animations. Print campaign - target market - young women.
  • 48. Case Study: Marketing Strategy & Media Planning Findings Most yogurt companies use magazine, network, spot, and cable television advertising. “Magazine advertising offers high quality production and color, flexible scheduling, selective readership, and flexibility in format. Readers can linger over advertisements, developing a more lasting effect with potential customers. Television allows the use of demonstration and visuals, has mass coverage, has a bigger impact on consumers with the combination of sight and sound, is versatile and has a higher repetition rate”.
  • 49. Case Study: Marketing Strategy & Media Planning Findings (cont‟d.) Outdoor, newspaper, and network radio advertising are rarely used. “Outdoor advertising requires a short message, limiting creativity and legal restrictions. Newspaper advertisements offer poor production quality and radio advertisements offer no visuals and are easily ignored. Yogurt companies want their products to look appetizing and delicious, which is not easily depicted in newspaper or radio advertising.”
  • 50. Case Study: Marketing Strategy & Media Planning Strategy Expand into magazine advertising because it has the advantages of a flexible schedule, a higher quality of production, flexibility in format, and selective readership that permits segmentation. Use more non-traditional media like adding coupons to grocery store flyers with newspapers to get new customers to purchase product for the first time.
  • 51. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Implement a budget of $26,000,000. Increasing the budget by $13,000,000 is a realistic estimate considering Chobani‟s rapid growth and market share increase over the past year. “And while Chobani sits atop the yogurt category, the explosive growth of the Greek-yogurt trend means an influx of competition by big marketers with hefty ad budgets.
  • 52. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Partner the Chobani Live Kitchen Series with Farmers Markets in the top ten healthiest cities in the U.S.: San Francisco, CA; Sacramento, CA; Portland, OR; Seattle, WA; Denver, CO; Minneapolis, MN; Boston, MA; Hartford, CT; Washington, D.C. and Virginia Beach. * Organic yogurt users are more likely to live on the West Coast and in the North East. Minneapolis, Boston, Portland, Denver, San Francisco, Hartford, Washington D.C., Virginia Beach and Sacramento are the cities with the healthiest and fittest residents (Kim, 2011).
  • 53. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Drive the CHOmobile, from the West Coast and the East Coast, to visit these ten different Farmers Markets on the first and third Saturday of the month from April to August, the prime market months. Hold events in April in San Francisco (Ferry Plaza Farmers Market, April 7, 8 a.m.- 2 p.m.) then Sacramento (Sunrise Mall, April 21, 8 a.m. - 12 p.m.; “Ferry,” 2005 and Milado).
  • 54. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Locate the Chobani promotional counter next to fruit and vegetable stands for live cooking demonstrations that incorporate both Chobani yogurt and fresh produce from the Farmers Market. Give out free samples to market goers to taste and witness the versatility of the product. Chobani chefs doing live demonstrations also talk about Chobani yogurt‟s health benefits.
  • 55. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) The Chobani Live Kitchen Demos, and in addition, market goers turn in recipes for the most unique and delicious use of Chobani yogurt for a chance to add their recipe onto the Chobani website. The Chobani Kitchen Live Series that promotes healthy eating as well as the Chobani product - kitchen demonstrations at farmers markets because people who attend these activities are concerned about their health by choosing fresh produce and participate in outdoor family activities.
  • 56. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Give canvas tote bags to market goers as non-traditional promotional advertising.. In addition to this non-traditional promotional advertising idea, place ads in traditional media. Emphasise advertising through social media networks to provide info and pictures for followers and update them on the Chobani Live Kitchen events.
  • 57. Case Study: Marketing Strategy & Media Planning Strategy (cont‟d.) Because the farmers markets agree to partner with Chobani to launch the Chobani Live Kitchen Series, donate $5,000 to the Farmers Market Coalition, a nonprofit organization. This donation continues Chobani‟s reputation as a company that gives back to the community and shows Chobani‟s support for family events and healthy eating through farmers markets.
  • 59. Media is first an audience gatherer, then an ad engagement gate-keeper. It can assist engagement by attracting an audience suited to the message and by keeping them attentive ... or not. – Erwin Ephron, US advertising author