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Media planning and management unit 2

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Media planning and management unit 2

  1. 1. Media Planning and Management Jyostna Jain
  2. 2. Unit 2  Media Mix: Meaning, Need for Media Mix, Identifying Audience for Mass Media , Factors Affecting Media Mix Decision, Types of Media Mix Decisions: Broad Media Classes, Media Vehicles, Media Units, Deciding Ideal Media Mix b) Media Choices  Print Meaning- Factors Affecting Selection of Print Media Decisions , Types of Print Media, Advantages and Limitations  Television- Meaning, Factors Affecting Selection of Television Media Decisions, Advantages and Limitations  Radio- Meaning, Factors Affecting Selection of Radio Media Decision, Advantages and Limitations  Out of Home (OOH)- Meaning, Types of OOH, Factors Affecting OOH Planning Decision, Advantages and Limitations c) Emerging Media:  Online, Mobile, Gaming, In flight, In Store, Interactive Media d) Media Strategy:  Meaning, Need for Media Strategy, Situation Analysis for Media Strategy and its Components  Steps in Formulating Media Strategies: Defining the Target Group, Market Prioritization, Media Weights, Media Mix, Media Scheduling.
  3. 3. Media Mix  A media mix is the combination of communication channels your business can use to meet itsmarketing objectives. Typically, these include newspapers, radio, television, billboards, websites, email, direct mail, the Internet and social media, such as Facebook or Twitter.
  4. 4. Need of Media Mix  Communication Objectives  Frequency of the message and the consumption of the medium  Reinforce message  Budget  Augment Reach
  5. 5. Factors Affecting Media Mix Decision Campaign will be different for institutional advertising and product advertising Objectives of campaign How much to be spend on advertising Budget available Numer of people actually reached by a medium Research concerning the clientele Identify product category Product Promise of a benefit the product will render to buyer Selling appeal Ability to do effective job of advertising with the budget selected Relative cost
  6. 6. Types of Media Mix decision Tv,newspapers,r adio Broad media classes Tv,radio,print,on line website Media vehicals Media class is general category and media vehical id specific Media class versus vehicle Size of media we run in media vehicle Media units Time available for broadcasters to sell advertisers availabili ty
  7. 7. Deciding the Ideal Media Mix  Identify your Demographics:the more you know about your target demographic such as age,gender,employment status,hobbies,the better one can identify where one need to display your message to best reach them and have them remember it.  Understand your competition: understanding your competition and knowing the marketing moves that they make can put one ahead of the game.  Media concentration VS Media Dispersion: media concentration uses fewer media categories and greater spending per category. This lets the media planner create higher frequency and repetition within that one media category.Media dispersion is when they use multiple media categories,such as combination of television,radio,newspapers and the internet.media planners will use dispersion if they know that no single media outlet will reach a sufficient percentage of target audience
  8. 8. Print Media Print media refers to paper publications circulated in the form of physical editions of books ,magazines ,journals and newsletters
  9. 9. Types of Print Media Newspapers are generally delivered at home,or available at newsstands. Newsletter is a publication that mostly covers one main topic Magazine provide detailed articles about food,fashion ,finance,lifestyle Brochure is a kind of booklet that contains the details of the company Flyer commonly used for advertisements, or at local events or parties
  10. 10. Newspapers Advantages  Reach and measurement of reach  Low cost  Credible and respectable  Mobility  Availability and Delivery  Multilingual  Split –run facility Disadvantages  Expensive  Short shelf life  Ad clutter  Media Competition  Demonstration  Poor reproduction
  11. 11. Television Advantages  Convinient and flexible  Strong impact  Mass coverage  Multimedia Content  Penetration  Demonstration Disadvantages  High cost  Ad clutter  Too less time  No channel loyalty  Zipping and Zapping  HD content
  12. 12. Radio Advantages  Low cost  Create unique properties  Exploit drive time Audiences  Exploit Imagery transfer  Good Recall  Frequency Disadvantages  Distracted listeners  Requires repetition  One size doesn’t fit all  Channel changing  Not good for all products
  13. 13. Out of Home Media
  14. 14. Types of Out of Home Media Wall Painting Poster
  15. 15. Hoarding
  16. 16. Electronic sign
  17. 17. Sky Writing
  18. 18. Sandwich men Travelling Display
  19. 19. Street Furniture
  20. 20. Out of Home Media Advantages  Builds Brands  Demands Attention  Reaches the Masses  Cost effective  Achieve Sustained Awareness Disadvantages  Brief Exposure  Weather Conditions  Visibility issue  Stationary mode of Advertising  Limited information
  21. 21. Online Media Online technology has come in new forms of communication, advertising and relationship building covering online advertising, smart phones, video conferencing, social networks, video games and so on.
  22. 22. Advantages of Online Media Reduced cost Measureable Brand Engagement Real-time Results Long term Exposure
  23. 23. Mobile Advertising  Mobile advertising is type of advertising that appears on mobile devices such as smart phones and tablets that have wireless connections.  As a subset of mobile marketing, mobile advertising can take place as text ads via SMS, or banner advertisements that appear embedded in mobile web site, in downloaded apps or in mobile games.  Mobile technology used by companies such as Google and Facebook tailor mobile advertisements based on individual's web browsing history, geographic location, and with data collected by shopping habits.  Because mobile devices typically have smaller screens than computers or laptops, this form of digital advertising is usually optimized for small displays by being concise.
  24. 24. Larger Audience Lower Click Rate Cost Effective Instant response Better relationship with Customers
  25. 25. Gaming Advertising  In-game advertising (IGA) refers to advertising in computer and video games. IGA differs from advergaming, which refers to a game specifically made to advertise a product.  Due to the custom programming required, dynamic advertising is usually presented in the background; static advertisements can appear as either
  26. 26. In-flight advertising is advertising that targets potential consumers aboard an airline. It includes commercials during in-flight entertainment programming, advertisements in in-flight magazines or on Boarding Passes, ads on seatback tray tables and overhead storage bins, and sales pitches by flight attendants. Ads can be tailored to the traveler's destination, or several of the airlines destinations, promoting local restaurants, hotels, businesses and shopping.
  27. 27. In-Store Marketing. In- store marketing refers to the practice of promoting a product by communicating with the consumer at the point of purchase. In-store advertising includes advertis ements on shopping carts, aisles or shelves.
  28. 28. Interactive media normally refers to products and services on digital computer- based systems which respond to the user's actions by presenting content such as text, moving image, animation, video, audio, and video games.
  29. 29. Media Strategy  Media strategy can be defined as the usage of an appropriate media mix in order to achieve desired and optimum outcomes from the advertising campaign.  It plays a key role in advertising campaigns.  Media Strategy is designed to achieve the above mentioned target but the budget is always kept in mind.
  30. 30. Steps in Formulating Media Strategy Defining Target Group Market Prioritizatio n Media Weights Media mix Scheduling

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