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The Basics of Media Planning
A traditional view
Marketing
                        strategy



                                                      Media
Feedback                                             planner /
                                                       buyer




                                      Mass media
     Consumer
                                       vehicle

           Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Approximate Ad Expenditure in Major Media
                       (% of Total)


              19                     23
1                                                            Newspapers
                                                             TV
    8
                                                             Direct response
    7                                                        Radio
                                                  23
                                                             Magazines
              19                                             Outdoor
                                                             Other



                   Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Approximate Ad Expenditure in Major Media
                    (% of Total)

             1
                 10                  23                     Newspapers
    17                                                      TV
                                                            Direct response
                                                            Radio
7                                                   17
                                                            Magazines
         6
                                                            Social
                       18
                                                            Outdoor
                                                            Other



                  Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       Exposure to adult audience with disposable income
       (Somewhat) flexible format
       Convenience for the reader
   Cons:
     High ad/content ratio
     Growing competition
     Falling circulation
     Rising ad costs



                    Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       Flexible format
       Cost efficient
       Offers prestige
   Cons:
       Message is perishable
       Growing fragmentation of audience
       Ad clutter




                  Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       Selective targeting
       Mobile
       Low production costs = market immediacy
   Cons:
       Lack of visual impact
       Low average audience




                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       (Even more) selective targeting
       Instant feedback
       Accountability
   Cons:
       Prospect database management problem
       Image problem
       Rising costs




                       Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       Audience targeting
       Long “shelf life”
       Prestige
       Flexible format
   Cons:
     Long production cycle
     Declining audience
     Rising costs



                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Pros:
       Can reach most of the market
       Low cost per exposure
   Cons:
       Image problem
       Low accountability
       Regulation




                      Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   The purpose is to design the best plan for
    delivering ads to prospective purchasers of my
    product, service, or brand.

                  Which markets?

               How many prospects?

            Which medium / vehicles?

         Reach and frequency of exposure?

                      Budget?
Effectiveness, efficiency, accountability




             Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Narrowcast (mass customization)
       Demographic
       Psychographic
       Geographic
       Based on usage patterns
   Take advantage of tracking capabilities
       From “captive audience” at live events to “captive users”
        in computer-mediated transactions

   Think messages not media
   Can you combine advertising and selling?

                          Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Best practices

   Worst practices

   Avoiding advertising clutter




                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Effectiveness of message delivery vs. efficiency
    of audience delivery
   Predispositions of the audience
   Qualitative environment of the message
   Synergistic effect



                    Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Reach: the total audience covered by a wave of
    advertising

   Frequency: a number of times a prospect is
    exposed to an advertisement during a given
    period of time

   Continuity: a length of time an ad runs


                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Reach
   Maximize                                                    Frequency
                  Reach small
reach, sacrifice                 Continuing                    Continuity
                   number of
 frequency to                    campaign to
                 prospects as
expose level of                 reach selected
                 many time as
   prospects                      prospects
                    possible
                                 many times
                 during a blitz
                   campaign


                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Mounting challenges to traditional view




            Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Rising costs of
               exposure




Fragmentation                  Diversification
 of audience                     of media




      Alex Gorelik, Ph. D. | Tweet me: @Doc_G
The convergence     •Choice
 is changing the
   fundamental
                    •Timeliness
    relationship    •Convenience
       among
media, audiences    •Quality
and advertisers:
                    •Control/interactivity

                   Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   … will be
    individualistic, personalized, intimate, playful,
    specific, interactive.




                  Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Mounting challenges to traditional view




             Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   What does the public thinks of the X initiative?
   How to increase constituency satisfaction?
   How to increase constituency engagement?
   What are the priorities (share of mind) of the
    constituency?




                  Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Monitor mentions
   Monitor conversations
   Monitor competitive mentions / conversations
   Identification of prospects
   Positioning
   Engagement / feedback
   Placement



                Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Cost per thousand (CPM)

       Circulation CPM       ad cos t 1000
                                 circulatio n

       Market CPM            ad cos t 1000
                                     market

   The goal is to keep waste exposure at a
    minimum

                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Click through rate
   Average time of exposure
   Repeat visitor rate
   Convergence rate


   The goal is to keep waste exposure at a
    minimum



                   Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Unique blog visitors (Google analytics)
   Followers, friends
   Likes, retweets
   Combined influence
   Social influence score (Klout, PeakYou, etc.)
   Convergence rate

   The goal is to maximize conversation leading
    to convergence

                     Alex Gorelik, Ph. D. | Tweet me: @Doc_G
   Web Ad.vantage
    http://www.webadvantage.net/internet-
    marketing-services/online-media-buying-
    planning
   Facebook Social Ads
    http://www.facebook.com/advertising/
   AppSavvy
    http://www.appssavvy.com/



                  Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Blog



                             Profile
Twitter
                               on
account
                            LinkedIn

   Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Q?

Alex Gorelik, Ph. D. | Tweet me: @Doc_G
Twitter.com

Linkedin.com



      Alex Gorelik, Ph. D. | Tweet me: @Doc_G

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Basics of media planning

  • 1. The Basics of Media Planning
  • 3. Marketing strategy Media Feedback planner / buyer Mass media Consumer vehicle Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 4. Approximate Ad Expenditure in Major Media (% of Total) 19 23 1 Newspapers TV 8 Direct response 7 Radio 23 Magazines 19 Outdoor Other Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 5. Approximate Ad Expenditure in Major Media (% of Total) 1 10 23 Newspapers 17 TV Direct response Radio 7 17 Magazines 6 Social 18 Outdoor Other Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 6. Pros:  Exposure to adult audience with disposable income  (Somewhat) flexible format  Convenience for the reader  Cons:  High ad/content ratio  Growing competition  Falling circulation  Rising ad costs Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 7. Pros:  Flexible format  Cost efficient  Offers prestige  Cons:  Message is perishable  Growing fragmentation of audience  Ad clutter Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 8. Pros:  Selective targeting  Mobile  Low production costs = market immediacy  Cons:  Lack of visual impact  Low average audience Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 9. Pros:  (Even more) selective targeting  Instant feedback  Accountability  Cons:  Prospect database management problem  Image problem  Rising costs Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 10. Pros:  Audience targeting  Long “shelf life”  Prestige  Flexible format  Cons:  Long production cycle  Declining audience  Rising costs Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 11. Pros:  Can reach most of the market  Low cost per exposure  Cons:  Image problem  Low accountability  Regulation Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 12. The purpose is to design the best plan for delivering ads to prospective purchasers of my product, service, or brand. Which markets? How many prospects? Which medium / vehicles? Reach and frequency of exposure? Budget?
  • 13. Effectiveness, efficiency, accountability Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 14. Narrowcast (mass customization)  Demographic  Psychographic  Geographic  Based on usage patterns  Take advantage of tracking capabilities  From “captive audience” at live events to “captive users” in computer-mediated transactions  Think messages not media  Can you combine advertising and selling? Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 15. Best practices  Worst practices  Avoiding advertising clutter Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 16. Effectiveness of message delivery vs. efficiency of audience delivery  Predispositions of the audience  Qualitative environment of the message  Synergistic effect Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 17. Reach: the total audience covered by a wave of advertising  Frequency: a number of times a prospect is exposed to an advertisement during a given period of time  Continuity: a length of time an ad runs Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 18. Reach Maximize Frequency Reach small reach, sacrifice Continuing Continuity number of frequency to campaign to prospects as expose level of reach selected many time as prospects prospects possible many times during a blitz campaign Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 19. Mounting challenges to traditional view Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 20. Rising costs of exposure Fragmentation Diversification of audience of media Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 21. The convergence •Choice is changing the fundamental •Timeliness relationship •Convenience among media, audiences •Quality and advertisers: •Control/interactivity Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 22. … will be individualistic, personalized, intimate, playful, specific, interactive. Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 23. Mounting challenges to traditional view Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 24. Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 25. What does the public thinks of the X initiative?  How to increase constituency satisfaction?  How to increase constituency engagement?  What are the priorities (share of mind) of the constituency? Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 26. Monitor mentions  Monitor conversations  Monitor competitive mentions / conversations  Identification of prospects  Positioning  Engagement / feedback  Placement Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 27. Cost per thousand (CPM)  Circulation CPM ad cos t 1000 circulatio n  Market CPM ad cos t 1000 market  The goal is to keep waste exposure at a minimum Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 28. Click through rate  Average time of exposure  Repeat visitor rate  Convergence rate  The goal is to keep waste exposure at a minimum Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 29. Unique blog visitors (Google analytics)  Followers, friends  Likes, retweets  Combined influence  Social influence score (Klout, PeakYou, etc.)  Convergence rate  The goal is to maximize conversation leading to convergence Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 30. Web Ad.vantage http://www.webadvantage.net/internet- marketing-services/online-media-buying- planning  Facebook Social Ads http://www.facebook.com/advertising/  AppSavvy http://www.appssavvy.com/ Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 31. Blog Profile Twitter on account LinkedIn Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 32. Q? Alex Gorelik, Ph. D. | Tweet me: @Doc_G
  • 33. Twitter.com Linkedin.com Alex Gorelik, Ph. D. | Tweet me: @Doc_G

Hinweis der Redaktion

  1. Talk about the impact of Big Data
  2. Again, talk about Big Data
  3. In the last month before the election John McCain attended 115 townhall meetings;Barack Obama relied on social media.Social media in latest elections.
  4. Blog: solid, non-perishable depository of original content The goal is to establish oneself as a thought leader.LinkedIn profile: the hub of activity The goal is to maintain a conversation with relevant professional contacts.Twitter account: brand advertising and crisis management machine. The goal is engage relevant publics in a positive conversation.
  5. Examples of social advertising measurement approaches.Mobile is the preferred platform to access social, among the 25 – 45 year olds.The rise of the alternative sites, such as Pinterest. Transmedia story telling.The oversaturation with Facebook. The oversharing syndrome.