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L 10 Media Strategies and Media Planning

  1. Prof. (DR.) R. Bakshi Professor of Strategic Marketing and Brand Management L -10 Media Strategies
  2. Caveat 1. This ppt presentationis intellectual property of Prof. (Dr.) R. Bakshi. It is created to serve the purpose of classroomteaching - learning aid only. It is based purely on informationavailablein open sources only. 2. It in no way/s intend/s to criticise / promote / fame / defameor glorify any person or brands or company/ies or any other/s concerned, on the event of such being detected it is declared that it is completely unintentional and apologiesis soughtin advancefor such unintentional events / or happenings. 3. No part of this ppt presentationcan be used for any other purpose/s apart from classroomteaching and training and it does-notprovide or act as evidence. Adoption of any part of this ppt/ informationpresented withoutwritten permissionfrom the creator shall not be entertained and such act shall be considered as violation. 4. Illustrations and screenshots of materials used are property rights of respective companies as applicable, they are adopted as-it-is available on their open sources.© Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  3. Learning Objectives  Media Planning Process  Media Mix  Media Coverage  Advertising Reach, Frequency, Impact  Media Scheduling  Types of Media and Characteristics  Media Channel Design  Network Marketing © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  4. Top Advertisers in India Week 51 16th December 2017 22nd December 2017 Source: http://www.barcindia.co.in/statistic.aspx Accessed on: 29.12.2017|IST 10.44 PM Rank Channel Name Weekly Impressi ons (000s) sum Week 51 1 Sun TV 1044767 2 STARBharat 697634 3 Zee Anmol 695320 4 Colors 622522 5 Zee TV 622034 6 STARPlus 577847 7 STARUtsav 573464 8 Sony MAX 555122 9 Sony Pal 546834 10 Gemini TV 520374 Rank Advertiser Insertions Week 51 1 HINDUSTAN LEVER LTD 145173 2 ITC LTD 36865 3 RECKITT BENCKISER (INDIA) LTD 34345 4 CADBURYS INDIA LTD 31326 5 PROCTER & GAMBLE 30791 6 BROOKE BONDLIPTON INDIA LTD 26343 7 AMAZON ONLINEINDIA PVT LTD 25860 8 PATANJALIAYURVEDLTD 24732 9 PONDS INDIA 18289 10 GODREJ CONSUMERPRODUCTS LTD 17608 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  5. Share of Advertising by segments in 2017 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  6. Media The various categoriesof advertising message delivery systems.  Above-the-line-media, in such type, the advertising agency gets a commission. These include Broadcast, press, outdoor, posters and cinema.  Below-the-line-media, in such type, the agency does not get any commission. These include Direct mail, sales promotion, exhibitions, merchandising, sales literature, etc. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  7. Media Characteristics Advantage / Disadvantage Medium Advantage Disadvantage Television Mass coverage, High reach, Impact of sight sound,and motion, High prestige, Attention getting Low selectivity, Short messagelife, High absolute cost, High production costs, Clutter Radio Local coverage, Low cost, High frequency, Flexible, Low productioncosts Audio only, Clutter, Low attention getting, Fleeting message. Magazines Quality reproduction, High informationcontent, Longevity, Multiplereaders Long lead time for ad placement, Visual only, Lack of flexibility Newspaper s High coverage, Low cost, Short lead time, Ads can placed in interest sections, Timely, Used for coupons Short life, Clutter, Low attention-getting capabilities, Poor reproduction quality, Selective reader exposure © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  8. Media Characteristics Advantage / Disadvantage Medium Advantage Disadvantage Outdoor Location specific, High resolution,Easilynoticed Short exposuretime, Poor image, Local restrictions Direct mail High selectivity, Reader controls exposure, High information content, Opportunities for repeat exposures High cost/contact, Poor image (junk mail), Clutter Internet Interactive User selects product information,User attention and involvement, Interactive relationship,Direct selling potential, Flexible message platform Limited creative capabilities, Web snarl (crowded access), Technology limitations,Few valid measurementtechniques, Limited reach © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  9. Outdoor Media © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  10. Other forms of Outdoor media © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  11. Electricity (CESC) Electricity Bill and Bill Delivery Envelope © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  12. Rise of Media in India  1950’s Print / AM-Radio.  1960’s Evolution of TV.  1980’s Emergence of the Outdoor Advertising.  1990’s Emergence of the Internet.  2000’s Emergence of the FM Radio  2010’s Evolution of Smart phone and Social Media. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  13. Media usage by Advertiers in India in 2017 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  14. What is Media Planning? It is based on a series of decisions involved in delivering the promotional message to the prospective consumer of the product. “Plan -2- Process” It specifies the media class in which ad message will be placed to reach the desired target audience Media Class is a broad category of media such as television, radio or newspapers (this refers to the avenues that can be adopted to reach the consumer) Media Vehicle is particular option for the placement of media class (this is actually the message carrier) © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  15. Problems in Media Planning 1. Lack of information 2. Inconsistent terms 3. Serious time pressure 4. Measurement problems © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  16. Key Issues in Media Planning 1. Target audience to talk. 2. Markets, where the consumers are. 3. Number of people to reach 4. Avg. number times to repeat the ad. 5. Rating of the media to be selected 6. The vehicles on which the ad is to be placed 7. Time on which ad campaign is to run © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  17. Basis for Allocation of Media Budget  Affordable Method  Unit of Sales Method  Objective and Task Method  Competitive Parity Method  Share of Voice Method © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  18. Target Audience Coverage Population excluding target market Target market Media coverage Media overexposure © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  19. 4-M’s of Media Planning 1. Market 2. Message 3. Medium 4. Money © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  20. Prerequisites of a good media plan A good media plan include 1. Objectives 2. Strategies 3. Media Choices 4. Media Schedule © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  21. Developing the Media Plan Media Use Decision — Print Media Use Decision — Broadcast Media Use Decision — Other Media Creative Strategy Plan Setting Media Objectives Selecting Media Within Class Selecting Broad Media Classes Determining Media Strategy Marketing Strategy PlanSituation Analysis © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  22. Media Choices  Determine which medium is appropriate for message on three factors  media mix,  media efficiency  competitve media assessment  Share of Voice – any advertisers expense relative to overall spending in a product category  CPT/CPM Cost to reach out to thousand members of an audience using a particular medium © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  23. Media Planning Criteria • The media mix • Target market coverage • Geographic coverage • Scheduling • Reach versus frequency • Creative aspects and mood • Flexibility • Budget considerations © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  24. Establishment of Media Objectives Goals of the media programme that can only be achieved through media strategies E.g. Create awareness in the market through the following 1. Use broadcast media to achieve coverage of 80 percent of the target market in next six months 2. Reach at least 50 percent of the target audience at least three times in next three months 3. Concentrate heaviest advertising during a fixed season and reduce to a moderate level in other times © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  25. Market Analysis and Market Identification Whom Should We Advertise? 1. What Internal and External Factors May Be Operating? 2. Where to Promote? Index = X 100 Percentage of users in the demographic segment Percentage of total population of the same segment © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  26. Brand Development Index BDI = X 100 Percentage of brand sales to total sales in market Percentage of total population in market © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  27. Category Development Index Percentage of product category total sales in market Percentage of total population in market CDI = X 100 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  28. Brand and Category Analysis High market share Good market potential High market share Monitor for sales decline Low market share Good market potential HighCDILowCDI Low market share Poor market potential High BDI Low BDI © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  29. Three Scheduling Methods Media schedule is the calendar of advertising plan and is concerned with timing of insertion of ads in the selected media. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  30. Characteristics of Scheduling Methods Method Advantage Disadvantage Continuity 1. Serves as a constant reminder 2. Covers the entire buying cycle 3. Allows media priorities 1. Higher costs 2. Potential of overexposure 3. Limited media allocation Flighting 1. Cost efficiency of advertising during purchasecycle 2. May allow for inclusion of more medium and vehicles 1. Weighting may give competitors advantage 2. Lack of AIDA 3. Increased likelihood wareout Pulsing All the sameof above methods Not required for seasonal/ cyclical products © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  31. Details of Usage Ads Pur. Days of Month Ads in a Month Ads Left Total Ad Cost 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Print Media Newspaper Times of India (Full PageB/W) 7 1 1 1 1 1 1 1 7 0 1500000 Times of India (Half PageColour) 10 1 1 1 1 1 1 1 1 1 1 10 0 800000 Anandabazaar Patrika(Cover Page Colour) 5 1 1 1 1 1 5 0 500000 Ei Samoy (Cover Page Colour) 5 1 1 1 1 1 5 0 400000 Bartaman (Full PageB/W) 3 1 1 1 3 0 100000 Magazines Desh (Inside Cover Page) 10 1 1 1 1 1 1 1 7 3 250000 Outlook (InsideCover Page) 10 1 1 1 1 1 1 6 4 350000 Unish Kuri (Half pageB/W) 15 1 1 1 1 1 1 1 1 1 1 1 1 12 3 150000 Electronic Radio Radio Mirchi (10 Secs) 150 6 6 6 6 6 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 110 40 300000 Radio BigFM (10 Secs) 150 6 6 6 6 6 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 115 35 250000 Television Serial Mega 1 Vehicle 1 (PrimeTime 30 Sec) 120 4 3 3 3 4 3 3 3 4 4 3 3 3 3 4 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 95 25 350000 Serial Mega 1 Vehicle 2 (PrimeTime 30 Sec) 120 4 3 3 3 4 3 3 4 5 5 5 5 3 3 3 5 5 5 4 3 3 5 3 3 5 5 3 3 3 3 114 6 450000 Serial Mega 1 Vehicle 3 (PrimeTime 30 Sec) 120 4 3 3 3 4 3 3 5 5 5 5 4 4 3 4 3 4 4 4 4 2 2 3 3 3 3 4 4 4 4 109 11 320000 Sample Media Plan (for a fixed seasonal month) © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  32. Units to Measure Media Audience  Readership for Print (Newspaper and Magazines)  Viewership (For TV)  Listenership (For Radio)  Page views / Hits (For Internet and Social Media)  Passers-by (For Outdoor Media)  Ticket saleout Rate in Cinema Halls / Multiplexes © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  33. Advertising Impact  No one really knows the exact number of exposures necessary for an ad to make an impact.  ‘Impact’ is the intrusiveness of the ad message i.e. the ad message actually being perceived by the audience.  Impact is taken into consideration while measuring effective frequency.  Most advertisers have settled on three exposures as the least number; fewer than three is assumed to give insufficient reach, and more than ten are considered overexposure and thus ineffective reach. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  34. Reach  Reach refers to the total number of different people or households exposed, at least once, to a medium during a given period. It is the number of people who are exposed to the medium  Reach may be stated either as an absolute number, or as a fraction of a given population (for instance 'TV households', 'men' or 'those aged 25–35'). Opportunity to See (OTS): Is the number of times the viewer is most likely to see the advertisement. It is used in media planning or advertising media selection to answer the question- how many times an ad should be put up?. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  35. Reach Formula Audience reached at least once Total Target Audience Universe Reach = X 100 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  36. Eg. Reach and Frequency  Four television homes = universe.  Three homes or 75% of universe receive message. That’s a rating of 75.  In total, the message had 8 exposures.  Exposures divided by number of homes hit = Average exposures.  (8 Exposures / 3 Homes) = 2.67 Average exposures  (Reach X Frequency) = Gross ratings points:  75 rating (3 homes hit in universe of 4) times 2.67 exposures = 200.25 gross rating points. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  37. Graph of Effective Reach © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  38. Circulation Vs Readership Circulation:  Measured by the Audit Bureau of Circulations ( ABC ) on an on-going basis with results reported every 6 months  Copy count: Number of copies sold,  Not possible to identify / profile the buyer. Readership:  Measured by independent periodic surveys  Measures the number of people who actually read the publication.  It is possible to profile the consumer.  IRS – “ Indian Readership survey. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  39. Circulation Relationship Circulation is the number of copies distributed on an average day. It is one of the principal factors used to set advertising rates. It is not always the same as copies sold,often called paid circulation, since somenewspapers are distributed withoutcost to the reader © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose Source: http://www.auditbureau.org/files/Highest%20Circulated%20amongst%20ABC%20Member%20Publications%20(language%20wise).pdf Language Names of Daily Avg. Qfl. Sales Jul - Dec 16 Bengali Ananda Bazar Patrika 1,102,955 Bartaman 649,586 Ei SamaySangbadpatra 270,018 English The Timesof India 3,184,727 The Hindu 1,464,297 HindustanTimes 1,194,816 The Telegraph 466,001 The Economic Times 390,316 Hindi Dainik Jagran 3,921,267 Dainik Bhaskar 3,813,271 Amar Ujala 2,961,833 Hindustan 2,611,261 Rajasthan Patrika 1,840,917
  40. Reach vs. OTS Increase with duplication increases OTS but decreases Net Reach Publication Circulation Readers/Copy Total Reach Duplication OTS A 100000 4 400000 Gross Reach/Net Reach B 125000 4 500000 Gross Reach 900000 Duplication 75000 Net Reach (Gross Reach - Duplication) 825000 1.09 Publication Circulation Readers/Copy Total Reach Duplication OTS A 100000 4 400000 Gross Reach/Net Reach B 125000 4 500000 Gross Reach 900000 Duplication 100000 Net Reach (Gross Reach - Duplication) 800000 1.125 With increased Duplication During brand launch it is targeted to have 3-4 OTS i.e. higher visibility is targeted © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  41. Frequency Frequency is the number of times a person must be exposed to an advertising message before a response is made and before exposure is considered wasteful © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  42. Message Factors Important to Frequency  Message complexity  Message uniqueness  New vs. continuing campaigns  Image versus product sell  Message variation  Wear out  Advertising units © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  43. Media Factors Important to Frequency  Clutter  Editorial environment  Attentiveness  Scheduling  Number of media used  Repeat Exposures © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  44. Media Rating System Programme rating is a measure of potential reach of broadcast media and is expressed as a percentage Gross Rating Point (GRP) = (Reach)(Frequency) GRP is a numerical figure indicating number of potential audiences that are likely to be exposed to a series of commercials. It combines programme rating and the average number of times the household is reached during the advertising cycle © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose No. of households viewing the programme Total no. of households owning TV sets Programme rating = 100
  45. Qualitative Aspects of Media Vehicle Source  Qualitative value of the media vehicle source exists.  Ad exposure in one vehicle might have more impact on the audience than if placed in another vehicle.  Six attributes must be considered while choosing a media vehicle: 1. Expertise 2. Prestige 3. Editorial ‘fit’ 4. Mood created, 5. Involvement,and 6. Unbiased approach © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  46. Reach and Frequency Reach of Two ProgramsReach of One Program Unduplicated ReachDuplicated Reach Total market audience reached Total market audience reached Total reached with both shows Total reach less duplicate © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  47. Effects of Reach and Frequency  One exposure of an ad to a target group within a purchase cycle usually has little or no effect.  The central goal of productive media planning is to enhance frequency rather than reach.  An exposure frequency of two within a purchase cycle is an effective level.  Beyond three exposures in a brand purchase cycle or over a period of four or even eight weeks, increasing frequency continues to build advertising effectiveness at a decreasing rate but with no evidence of decline.  Frequency response principles or generalizations do not vary by medium. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  48. Factors Important to Frequency • Brand history • Brand share • Brand loyalty • Purchase cycles • Usage cycle • Competitive share of voice • Target group © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  49.  CMIE Reports  NCAER Reports  AC Nielson-ORG Marg Retail Audits  IMRB’S Household Panels  Demographics  Age/Sex/Income/Education/Occu pation  Socio-Economic Classification- Urban/Rural  Psychographics  Usage and Attitude Studies  Readership Surveys-IRS/NRS  Circulation Data through ABC  Press Advertising Spending through Press Ad spending audits  Television Audience Measurement Studies ( TAM/AMap)  Radio Audience Measurement Studies(RAM)  Outdoor/Cinema/Internet-Initial steps at measurement Media Planning Databases © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable .Usage strictly restricted. It is made for classroom teaching and learning purpose
  50. Determination of Cost  Cost per thousand (CPM)  Cost per rating point (CPRP)  Daily inch rate  Target Cost per thousand (tCPM) : CPM based on target audience and not on overall audience © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  51. Determining Media Cost Cost per thousand (CPM): What a communication vehicle charges to deliver a message to 1,000 members of its audience  Used commonly for print media CPM      1000 audienceornCirculatio unitadofCost © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  52. Magazine A Magazine B Cost of Ad Per page $30,000 Circulation: 626,450 653,000 CPM: 43680 x 1,000 626450 20450 x 1,000 653,000 = 69.72 = 31.32 43,680 20,450 Cost/ inch: 453 490 Page cost x 1,000 Circulation Cost Per Inch Calculation © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  53. Magazine A Magazine B Cost of a Full Page Ad: $30,000 Circulation: 800,000 1,500,000 CPM: 200,000 x 1,000 800,000 300,000 x 1,000 1,500,000 = 25 = 20 200,000 300,000 800,000 1,500,000 How Does Cost Affect Media Selection? © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  54. Online Advertising: Placement and Pricing (Eg. Bartaman) Pricing and Minimum Booking Top/ Bottom/ Middle Horizantal : Dimensions in pixels Side Vertical / Box Ad : Dimensions in pixels CPM (Rate per mille or per thousand page views) 160w X 80h (Ear panel) Wing Banner (Standard Size) Price per 1000 :: INR 45.00 CPM Page views 970w X 90h (Top Banner) 160w X 600h (Right Column below Epaper) Minimum Booking :: one Week 728w X 90h (Middle and Footer Banner) 300w X 300h (Middle Panel) 468w X 90h (Smal Middle Horizantal Banner) 300w X 250h (Middle Panel 120w X 600h (Right Column below Epaper) 120w X 800h (Right Column below Epaper) Bartamanpatrika.com is the 2nd largest Bengali Daily in West Bengal, averaging more than 4,00,000 pageviews daily © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  55. Determining Relative Cost of Media Cost per rating point (CPRP) CPRP ratingProgram timecommercialofCost  © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  56. Buying TV Time Network Versus Spot  Networks  Affiliated stations are linked  Purchase transactions are simplified  Spot and local  Commercials shown on local stations  May be local or “national spot” commercials Syndicated Programs  Sold and distributed station by station  Off-network syndication are “reruns”  First-run syndications are also featured  Advertiser-supported or bartered  Programs sold to stations in return for air time © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  57. Methods of Buying Time Sponsorship i. Advertiser assumes responsibility for the production and perhaps the content of the program ii. Sponsor has control and can capitalize on the prestige associated with a show Participations i. Multiple advertisers buy spots on a program ii. May participate regularly or sporadically iii. Advertiser isn’t responsible for production iv. Participants lack control over content Spot Announcements i. May be purchased by day part or adjacency © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  58. INTAM (Indian Television Audience Measurement TRP) Television Rating Point (TRP) is a tool provided to judge which programmes are viewed the most. This gives us an index of the choice of the people and also the popularity of a particular channel. A device called as People's Meter is attached to the TV set in a few thousand viewers' houses for judging purpose. These numbers are treated as sample from the overall TV owners in different geographical and demographic sectors. It records the time and the programme that a viewer watches on a particular day. Then, the average is taken for a 30- day period which gives the viewership status for a particular channel.  The first is frequency monitoring, in which 'people meters' are installed in sample homes and these electronic gadgets continuously record data about the channel watched by the family members. It reads the frequencies of channels, which are later, decoded into the name of the channels and the agency prepares a national data on the basis of its sample homes readings.  Second technique picture matching is more reliable. In technique people meter continuously records a small portion of the picture that is being watched on that particular television set. Data collected from the sample homes is later on matched with the main data bank to interpret the channel name. And this way national rating is produced. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  59. Source: http://www.ddindia.gov.in/Business/Pages/Nat ional%20Rate%20Card/National-Rate- Card.aspx Accessed on:28.12.2017|IST 10.12 AM Source:https://www.google.co.in/url?sa=t&source=web&rct=j&url=http://www .ddbangla.gov.in/files/pdf/75_RATE%2520CARD%2520WEF%252001.05.13.pdf &ved=0ahUKEwiQla3Rtq7YAhXLPo8KHUepBcYQFggdMAA&usg=AOvVaw1UhRrV 7riQOGsAs7IZnWya Accessed on:28.12.2017|IST 10.24 AM TV time catagorization (Eg. Doordarshan) © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  60. Private TV Channel Ad Rate Card in INR Source: https://www.themediaant.com/television Accessed at: 30.12.2017|IST 1.10 AM Channel Name Language Weekly Viewers(000s) Rate STAR Plus Hindi 160,110 7500 Colors Hindi 152,769 4609 Aaj Tak Hindi 124,962 590 Zee News Hindi 91,890 450 Sony EntertainmentTelevision Hindi 145,504 2250 NDTV 24x7 English 4,998 400 Zee TV Hindi 146,504 5205 Zee Bangla Bengali 24,472 950 Sony MAX Hindi 179,197 960 CNBC TV18 English 2,861 450 STAR Jalsha Bengali 26,833 1350 © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  61. How to buy TV air-time? In the end, you’re buying access to people’sminds.Pay for good advice, not prime time rates at full whack. TV time is not rocket science. It’s simply air time sold to the highest bidder.  Buy on the R&F’s, as Frequency is fundamental  Buy Peak and Off Peak  Buy many channels at the same time  Select appropriate shows  Regularly on the shows  Buy the Top and the Tail  Buy the cheapest in the slot.  Buy Unsold Time  Buy Direct  Bargain on price  Buy on length © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  62. Computers in Media Planning  Reach Frequency Analysis  Adplus - Media Planning  Adware - Media Cost  Media plan Inc - Reach Frequency multi reach  Nielsen Savie – Ad Express  Peoplemeter © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  63. Final Note  Media scheduling and other elements of the brand offering (packaging, publicity releases, etc.) must be integrated so that a company does not miss opportunities for reaching the right audiences, at the right time, in dynamic ways  A bad scenario: the media schedule begins running before the product is available. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  64. Network Marketing A business model in which a distributor network is needed to build a business. Usually such business are multilevel marketing in nature in which payout occurs at more than one level. Some of the best-known companies in America, including Avon, Mary Kay Cosmetics and Tupperware © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  65. Why Network Marketing  No employees  Low overhead and Low start-up  No special qualifications needed  Unrestricted income  Time freedom  Ability to leverage © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  66. Features of network marketing  Low investments  Generate lead  Sell directly to networks  Recruits (adding customers and / or business partners) constitute down-line and their sales generate income for up-lines  Train and Manage Recruits  Pyramid structure © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  67. Types of Networks  Single –Tire: Make direct sale without adding further networks  Two – Tire: Get paid from affiliates or distributorsthat you generate and added under yourself  Multi-Level: Involves more than Two Tires, it may go up to five or more levels to generate revenue © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  68. 7- Tips for network marketing success  Choose wisely  Practice what they teach  The higher ups  Take-up the lead with your downtime  On the net  Take care of business  Don’t quit your day job © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  69. Success in Network Marketing  Know your target market (TM)  Establish why should consumers in your TM buy  Don’t chase friends  Use specific strategy  Keep updating yourself  Include social media  Stay consistent  Don’t quit  Deliver value to prospect © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  70. Case Prestige Pressure Cooker TTK Group
  71. Media strategy  The media strategy aimed at a high impact launch. Each market was kicked off with press followed by an intensive television effort.  The combination was used to drive two critical aspects The fact of the new product launch (whichever category).  The new line ‘Are you ready for a smarter kitchen?, which positioned the brand  Prestige as a deliverer of ‘today’s smart kitchen’  The high impact burst was planned during the festival season, as the purchases seemed to peak during the season.© Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  72. Launch effect  Markets responded with consumers asking for Prestige Smart. The brand could not cope with the initial demand and this response effectively blocked competition out of key markets.  Retail excitement was at its highest level in recent times.  Increase in the number of dealers who wanted to join the Prestige network.  Competition gets active and the category itself sees more excitement. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  73. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  74. Smart Pressure Cooker © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  75. Results  Research indicates that consumers believe that Prestige has more innovative kitchen products than just pressure cookers.  Market gains in the North, which was traditionally a weak market for Prestige.  There were gains in the new product categories as well.  There was a favourable shift in the perception of Prestige as a modern brand. © Prof.( Dr.) R. Bakshi- This ppt presentation (or any part) is not be used without written permission. Illustrations and screenshots are property of companies as applicable.Usage strictly restricted. It is made for classroom teaching and learning purpose
  76. Thank You
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