Changing the conversation around millennials AENC 2015 Annual Meeting, Jamie ...
Selec mosteffectiveadvertisingmediaoglemrpp
1. Selecting the Most Effective
Advertising Media for Your
Message and Customer
Presented By:
May 17, 2011
2. MRPP
Media, Research Planning &
Placement
Focus and Passion is Media
Effective and efficient media
planning delivering increased
sales and ROI
3. MRPP
Our Company Mission is to…
Maximize and extend our clients media
advertising budgets using creative
thinking and proprietary research.
We do this with a team of dedicated planners
and buyers with years of experience in
media planning and buying.
Our goal is to deliver to our clients the
most effective and cost efficient budget
which results in increased sales and
ROI
4. Today’s Discussion
Establishing Goals
Media Selection
Influencing Conditions
Choosing the Appropriate Media
Negotiation
Follow-up
Did it work?
5. Media Is a Tool
for Implementing
the Marketing
Strategy
6. Step 1 - Establish Media Goals
How Will You Measure Success?
Awareness vs. Direct Response Campaigns
Minimal Delivery Levels: GRPs = R x F
Determine Optimal Frequency Levels
Minimum of 3.0
Maximum of 12.0
7. Media Rule of Thumb
Audience must be exposed to
an advertising message a
minimum of three times before
they make a conscience
decision to consider your
product or disregard it.
8. Step 1 - Establish Media Goals
Deliver as Much Reach as Budget
Allows
Ensure Frequency Levels are
Appropriate for Campaign Impact
Competitive Considerations
What are the Other Guys up to?
9. Step 2 – Confirm Influencing Conditions
Key Factors to be Considered
Target Audience
Target Geography
Timing
Creative Execution
Budget
10. Step 2 – Confirm Influencing Conditions
Pinpoint and Prioritize Target Audiences
Age
Sex
Income
Education Levels
Occupation
Lifestyle Factors
11. Step 2 – Confirm Influencing Conditions
Confirm Timing Issues
Special Event or Ongoing
Presence?
Seasonality of Product or Service?
How Long is Purchase Cycle?
Competitive Activity?
Goal is to Maintain Continuity,
Emphasize Opportunities within
Budget Parameters
12. Step 2 – Confirm Influencing Conditions
Creative Execution
What Media Vehicle (s) Best
Communicate the Message?
Demonstration or Details Required?
Emotional Impact Important?
Promotional Support Needed?
Length or Size of Ads
Color or Black & White
13. Step 2 – Confirm Influencing Conditions
Budgetary Considerations
Budgetary Considerations
Established vs. Requested Budgets
Competitive Activity Should Always Be
Considered
Revenue Projections Can Assist in
Acquiring Additional Funding
14. Step 3 – Determine Best Vehicles
Quantitative Research
Quantitative Research
Broadcast
Nielsen for Television
Arbitron for Radio
Print
ABC for Consumer Publications
BPA for Business Publications
Online
Nielsen Net Ratings
ComScore
Quantcast
15. Step 3 – Determine Best Vehicles
Other Factors to Consider
Other Factors to Consider
Editorial Appropriateness
Competitive Presence
Past Successes, Failures
Duplication
Cost Efficiency
Affordability
16. Step 3 – Determine Best Vehicles
Television – Overview
Television – Overview
HH Coverage is at 98.9%
61.9% of HH have Multiple Sets
Average HH Viewing – 50+
Hrs/Week
Cable Penetration Over 90%
DVR Penetration is at 37%
Satellite TV an Increasingly Strong
Player
17. Step 3 – Determine Best Vehicles
Broadcast TV – Advantages
Broadcast TV – Advantages
Broadest Reaching Medium
Individual Stations up to 70% Reach
Highly Influential Due to Combined
Audio and Visual Elements
Targeted Programming Environment
Fairly Quick Turn Around Time
18. Step 3 – Determine Best Vehicles
Broadcast TV – Disadvantages
Broadcast TV – Disadvantages
Not as Geographically Targeted
Increasing Audience Fragmentation
Easy to Avoid Ads (DVR/TiVo, etc.)
Expensive to Build Effective
Frequency
Limited Promotional Opportunities
High Cost Medium
19. Step 3 – Determine Best Vehicles
Cable TV – Advantages
Cable TV – Advantages
Very Geographically Targeted
Specific Demographics Can Be
Targeted via Network Selection
More Cost Effective Way to Build TV
Message Frequency
Promotional Opportunities
Quick Turn Around Time
20. Step 3 – Determine Best Vehicles
Cable TV – Disadvantages
Lower Reach Potential than Broadcast TV
Individual Networks up to 37% Reach
Quality and Quantity of Local Breaks
Can Be Difficult To Compare With Other
Broadcast Media
Multiple Systems Needed for Broad Areas
Easy to Avoid Ads (DVR/TiVo, etc.)
Not All Networks Accept Local Ads
21. Step 3 – Determine Best Vehicles
Radio - Advantages
Radio - Advantages
Highly Targeted Demographically
Great for Building Frequency
Affordably
Reaches TA at Home, Work, and in
Car
Highest Time Spent of Any Medium
Variety of Promotional Opportunities
Flexible, Immediate Placement
22. Step 3 – Determine Best Vehicles
Radio - Disadvantages
Radio - Disadvantages
Not a High Reach Medium
Audience Fragmentation as Formats
Compete for Audience Share
No Visual Impact
Impression May be Transient (Active
vs. Passive Listening)
Easy to Switch Stations
23. Step 3 – Determine Best Vehicles
Newspaper - Advantages
Newspaper - Advantages
Broad Reach in Local Areas
Communicates Detail Well
More Immediacy than Magazines
Specialty Pubs Offer Best Reach to
Specific Populations (e.g., Ethnic,
Seniors)
24. Step 3 – Determine Best Vehicles
Newspaper - Disadvantages
Newspaper - Disadvantages
Most Are Not Demographically
Targeted
Expensive to Build Frequency
Color Reproduction Poor, Expensive
Small Pass Along Audience
Short Shelf Life
Younger Adult Readership Declining
High Total Cost
25. Step 3 – Determine Best Vehicles
Magazine - Advantages
Magazine - Advantages
Very Demographically Targeted
Quality Editorial Environment
Fine Color Reproduction
Sizable Pass Along Audience
Long Shelf Life
26. Step 3 – Determine Best Vehicles
Magazine - Disadvantages
Magazine - Disadvantages
Early Closing Dates, Long Lead
Times
Lack of Immediacy
Slow Building of Reach
Typically Not As Geographically
Targeted
27. Step 3 – Determine Best Vehicles
Out of Home - Advantages
Out of Home - Advantages
Broad Coverage of Local Markets
High Frequency Building
Geographic Flexibility
High Summertime Visibility
Great Support Medium for Television
28. Step 3 – Determine Best Vehicles
Out of Home - Disadvantages
Out of Home - Disadvantages
Limited to Simple Messages
High Reach Doesn’t Always Mean
High Message Recall
Proportionally High Cost for
Production
29. Step 3 – Determine Best Vehicles
Direct Mail - Advantages
Direct Mail - Advantages
Extremely Selective
Demographically and/or
Geographically Targetable
Response Rate is Easy to Measure
Personalized Medium
30. Step 3 – Determine Best Vehicles
Direct Mail - Disadvantages
Direct Mail - Disadvantages
Most Expensive Cost per Thousand
Inaccurate and Incomplete Lists
Variance in Delivery Dates
High Tune Out Factor
31. Step 3 – Determine Best Vehicles
Internet - Advantages
Internet - Advantages
Directly Measurable
Extremely Flexible, Adaptable
Personalized Messaging
Minimal Waste
32. Step 3 – Determine Best Vehicles
Internet - Disadvantages
Internet - Disadvantages
Relatively High CPM
Can be Complex to Analyze,
Purchase
Not All Websites Accept Advertising
Often Not Geo-Targetable
Less Effective Without Mass Media
33. Step 3 – Determine Best Vehicles
Test Your Knowledge –
Test Your Knowledge –
Target Audience is:
M18-34, Highly Educated, Upper Income
Target Geography is Charlotte Metro
Looking for Promotional Extensions
Need Frequency to Drive Traffic
Which Medium is Best?
35. Step 3 – Determine Best Vehicles
Test Your Knowledge –
Test Your Knowledge –
Target Audience is:
Women 25-54, Enjoy Gardening, Have
Kids
Target Geography is National
Campaign Goal is Awareness, Not
Immediate Direct Response
Which Medium is Best?
37. Step 3 – Determine Best Vehicles
Test Your Knowledge –
Test Your Knowledge –
Target Audience is Adults 25+
Target Geography is Greater Orlando,
FL
Ad Needs to Convey Complicated
Information
Goal is Broad Reach, Minimal
Frequency Over a 2-week Period
Which Medium is Best?
39. Step 4 – Negotiating the Buy
Implementing the Strategy
Implementing the Strategy
Use Full Budgets to Negotiate Best
Pricing, Added Value
Broadcast Most Negotiable with Rates
(Supply and Demand)
Magazines and Internet Somewhat
Negotiable
Newspaper Least Negotiable
(Contracts and Short Rates)
40. Step 4 – Negotiating the Buy
Broadcast Media – Television vs. Radio
Broadcast Media – Television vs. Radio
Both are Fairly Negotiable if
Purchased Far Enough in Advance
TV Least Costly in 1st and 3rd
Quarters
Radio Least Expensive in 1st Quarter
Purchase TV Programs, Not Stations
Purchase Radio Stations, Cable
Networks
41. Step 4 – Negotiating the Buy
Avoiding the Number of Spots Trap
Not All Spots Are Created Equal
First Look At Ratings Delivery
Then Design Schedules with
Optimal Frequency, Not Number
of Spots
42. Step 4 – Negotiating the Buy
Radio – Which Is The Best Buy?
Radio – Which Is The Best Buy?
TA is Men 35-64 in Raleigh, NC
Schedule Airs M-F 6a-7p for 1 week
WQDR-FM (Country) 25 spots/week
WRAL-FM (Contemporary) 25 spots/week
Same Cost for Both Stations
43. Step 4 – Negotiating the Buy
Side by Side Delivery Comparison
Side by Side Delivery Comparison
WQDR-FM WRAL-FM
.7 avg. spot rating .8 avg. spot rating
25 spots 25 spots
70.0 GRPs 80.0 GRPs
15.3% Reach 24.8% Reach
4.5 Frequency 3.1 Frequency
Arbitron December 2010 PPM
44. Step 4 – Negotiating the Buy
Magazines
Magazines
Better Rates for Higher Frequency
Last Minute Remnant Space Offers
Preferred Placement, Color Upgrades
Value Added
Subscriber Lists for DM or Email
Counter Cards
Website Links
45. Step 4 – Negotiating the Buy
Newspaper
Newspaper
Contracts Required, Short Rates
Applied
Rates Vary Based on Type of
Advertiser
Repeat Discounts Offered
Value Added
Special Sections
Color Upgrades
Preferred Placement
46. Step 4 – Negotiating the Buy
Important Factors to Consider
Important Factors to Consider
CPP or CPM
Duplication
Vendor’s Share of Budget
Positioning/Placement
Delivery Guarantees
Value Added Extras
47. Step 5 – Post-Buy Analysis
Did We Really Get What We Paid For?
Did We Really Get What We Paid For?
As Crucial to the Success of the
Campaign as Planning and
Buying
Check Positioning and Delivery
Makegoods for Any Short Falls
Assures Media Vendors Will
Monitor Schedules in the Future
48. Step 5 – Post-Buy Analysis
Case Study
Case Study
Client purchased radio on “Number
of Spots” Basis
Affidavits Not Sent, Delivery Never
Verified
Of All Spots Purchased, Over 40%
Ran 12mid-6am
Client Paid 3x Higher CPP Than
MRPP Average in Market
49. In Summary
Media Is An Important Tool for
Marketers
Campaign Success is Tied to
Establishing Goals, Developing the
Right Strategy
Research Plays A Critical Role
Creativity and Negotiating also Key
Post-Buy Analysis Essential
Too Expensive to Experiment