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that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.
Anthony Robbins
Media
Types of Media, Advantages, Disadvantages, Insights
Marketing is process To Identify the customer, Reach out to the customer, Attract the customer, Satisfy the customer, and Maintain Relationship with the customer
Source: This graphic is from a book by Alina Wheeler : Designing Brand Identity
Income levels
Served market
Market Share
Market Make Up
Total Population
Actual share
Yesteryears Advertising
Positioning
The art of reaching consumers mind, remaining there successfully!
Task
Three stages
1. 2. 3. identifying a set of possible competitive advantages upon which to build a position choosing the right competitive advantages selecting an overall positioning strategy
Then, effective communication for delivery of the chosen position to the market
Everything has been thought of before, but the problem is to think of it again!
Johann Von Goethe German poet
Population of INDIA is about 120 Cr There are 28 States & 7 Union Territories
73,06,990 Cr (1.4 Tn USD) 49 Billionaires, who have Combined Wealth - 20% of GDP
Source: Statistical Outline of India, 2008-09, *Census 2001, #Central Statistics Office - Data May 2011
Advertising is the activity of attracting public attention to a product or business, as by paid announcements in the print, broadcast, or electronic media.
Thus, 12 x 4 =
Freshness keeps your sales staff going and your customers interested
The media's the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and that's power. Because they control the minds of the masses. Malcolm X
Media
Media Vehicle
Advantages Broad reach within a defined market area Reaches 57% Urban Individuals and 38% Nationally Newspaper offers targeting capability with regional delivery and special advertising sections Geographic selectivity is available in small towns Print lends Credibility i.e. Trusted by its Discerning Audience Marketplace for competitive price shopping Disadvantages Costly frequency medium Real time dissemination of info not possible Static Medium of Communication Highly cluttered
Commands 44% media advertising revenue pie Habitual in nature, used to Tactical sales driven activities
Media Vehicle
Advantages High speed of delivery and coverage Reaches 82% Urban Individuals and 57% Nationally 3/4th TV Home has C&S Connections Measurability of each spot Use of audio and visual Ideal for Frequency & Emotive connect Seamless brand content integration possible Doordarshan connects a large rural audience Disadvantages Coverage too vast for small advertisers Loyalty is with content not with channel Creative / content development is Expensive Limited Inventory
Commands 41% media advertising revenue pie There are 520 TV channels currently in India
Media Vehicle
Advantages Higher shelf life then other mediums Least expensive cost per impression Ideal for Focused targeting Larger then life graphics = stopping power Increase awareness faster Aided recall for other media Believable copy due to visibility and tangibility Disadvantages Cannot change copy readily Local zoning ordinances can limit coverage Medium Reach
Commands 6% media advertising revenue pie Considered as a lead medium to create impact through frequency Three major categories Traditional, Transit and Alternate media
Media Vehicle
Advantages High speed of delivery with modest coverage Reaches 23% Urban Individuals and 20% Nationally Easily and widely available Social listening a great opportunity to reach/ connect with rural India Flexible for seasonal or spot promotions Disadvantages Market segment without geographic consistency Highly cluttered market in Metros Lack of robust data (listenership) Audio not as believable as visual
4% media advertising revenue pie There are 260 FM radio stations currently in 90 cities in India
Media Vehicle
Advantages High reach and longevity then other mediums (in film) Engaged and seated audience with a leisure mindset Ideal for Focused targeting Emotional Connect (in film) Low cost of engagement Disadvantages High Cost (in film) Permanent Medium (in film) Unable to generate high frequency Delivering smaller audiences
On average 750 feature films are produced in India Acc. to Film Federation of India there are over 13000 theaters in India 60% of these are in 4 southern states Financial Services, FMCG extensively use In film placement for high impact
Media Vehicle
Advantages Low cost and High speed of delivery Unmatched Targeting & Re-Targeting capabilities Personalized (Direct marketing) Facilitates two-way communication Emotional connect with social media Measurable Results Disadvantages The competition can easily detect the new movements and develop a quick counter strategy May look Intrusive and create immediate dissonance
Interactivity takes brand closer to Target Automobiles, Financial Services, Technology, Travel are major advertisers
Source: juxtconsult.com
Advertising Agency
Advertising agencies need to have a wide expertise in the area of marketing and communications Hence they employ specialists who expertise in understanding economic, demographic and psychographic data
They add significant insights to this from their own experience and data banks
Source: Advertising Agencies Association of India - www.aaaindia.org
Media Planning: They ensure that the client's money is spent efficiently to get maximum efficiency from a campaign
Definition : Media planning is the process of designing a course of action, that shows how advertising time and space can be used, to contribute to the achievement of marketing objectives
Creative: Probably the most important set of people. They write the ads and it is their work that the world gets to see Digital Studio: Often called the DTP section, this set of people work on the final artworks that are sent to the various publications for release
Source: Advertising Agencies Association of India - www.aaaindia.org
Scheduling
Creative considerations
WHEN?
WHAT?
HOW OFTEN?
Print Plan
Publ. Lang Freq Circl. Edition Size Col/BW Ins Rate Cost
A B C X Y Z
50 60 40 100 20 10
4 4 4 1 2 4
Plan Total
19
3450
Rate for Newspapers is per sqcms basis. For magazines it is as per prescribed dimensions.
*The above chart is for information purpose only.
TV Plan
Channel
X
Prog
A B C D E F G
Day/Time
Mon/2100 Tue/2100 Wed/2100 Thu/2100 Fri/2100 Sat/2100 Sun/2100
Dur
30 30 30 30 30 30 30
Rate
100 200 300 400 500 600 700
Spots
4 4 4 4 4 4 4
Cost
400 800 1200 1600 2000 2400 2800
Plan Total Rate for TV is per spot (10 sec each) basis. Two types of Advertising 1 - Regular Spots
28
11200
A: RODP Run on Day Part Ads displayed during the channel prime time B: ROS Run on Spot/ Schedule Time other then prime time 2 AFP Advertisers Funded Program : Content is specially created for advertiser.
*The above chart is for information purpose only.
Reach
Reach is a measurement of the size of the audience to whom you wish to communicate The total number of different people who have been exposed to the campaign
Frequency
The number of times the audience gets exposed to the campaign Number of times an advertisement or message may reach its prospect in a particular time frame
CDI
Category Development Index: Ratio of the sales of a product category to the population of a specific area
BDI
Brand Development Index: Percentage of a brand's sales in a particular area in relation to the percentage of the country's population in that area
Eg.: If a brand has 10 percent of sales, in an area where the 20 percent of country's people live then its BDI in that area is 50 (10 x 100 20). BDI indicates where significant groups of a brand's customers live and helps direct marketing efforts
Average Frequency/OTS
The average number of times the target audience was exposed to the campaign
Media weight
The product of reach and frequency is known as GRPs. Gross Rating Point : This is the sum of all TVRs of programmes, running in a particular channel.
Suppose, Zee Bangla runs two programmes : Subarnolata & Keya Patar Nouka The TVR of Subarnolata is 1.5 & that of Keya Pata is 2.5. Then the GRP is 4.0 for Zee Bangla
CPRP
CPRP is the abbreviated term for Cost Per Rating Point.
(aka. CPR Cost Per Rating, CPP Cost Per Point)
This is used in TV. This the cost of every rating point of a programme Cost Per Rating is a method of comparing different media forms by relating costs of advertising units to audience ratings
Eg.: An ad has been run in a show with a cost of Rs. 1,00,000 & the show TVR is 5.0 Then CPRP: 1,00,000/5 = 20,000
CPM
Cost Per Mille: This is used for digital business, This is also called "Cost Per Thousand impressions (CPT), is where advertisers pay for exposure of their message to a specific audience. "Per mille" means per thousand impressions, or loads of an advertisement
EG.: The cost of running an ad in a particular website is Rs. X. The total
impression on this website during the campaign period is Y.
CPM
: (Rs. X/ Y) *1000
CPT (Print) : (Cost of Ad/ Readership IRS Figures) * 1000 Mille Rate (Print) : (Cost of Ad/ Circulation ABC Figures) * 1000
Media Research
10 4 5 25
30
30
10
30
30
x 100 = 15
Success of Marketing is Understanding that Every Man has Two Personalities One, what he is Another, what he wants/ aspires to be!