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target market reached on major TV networks (media buying was easy) |
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tons of media options (much harder) |
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o Definition: figuring out how to direct advertising messages to the right people in the right place at the right time. o Extremely important part of advertising. o 90 % of Ad budgets determined by planners. o Connection department o Lots of opportunity for young people. |
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The old days (media planning) |
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simplistic • Options: Top 3 networks, newspapers, magazines, radio, outdoor. • Agency charged 15 % for placement |
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• More media options • Economic downfalls • Competitive upstarts • Tech. & emerging media |
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o To surround the target audience with a holistic campaign that presents the same message about the brand in carious creative ways. – Helen Katz (GM)
*see pg 2 of red notes |
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Has there been an increase or decreasing spending in marketing services? |
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Increase. 2004 was the first time more money was spent in marketing services than in traditional advertising |
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o Core Target: 30 – Something men. o Media Buy: football heavy o Actual Campaign began January 3rd.
o Pre-campaign: • Teaser TV in November (15 seconds) • Mention on ESPN during football season • Sponsored NFL’s “Pigskin Pick em.” • Print Ads (Nov) in Car magazines. • Direct Mail (oct.) • Direct Mail (dec.) offering test drive.
normally in campaigns, agencies use heavy traditional media for the first 6 months to introduce the product and then advertising levels off |
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o 2003, Used digital media first in the beginning of the campaign (less expensive), then followed it with heavy amount of traditional media and less digital media. |
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o Core Demographic: middle-aged men; technologically savvy, connected. o Research: price tag, ownership costs too high. o Smart Phone users: • Weather.com • Yahoo news, finance, sports o Mobile = much cheaper but most effective of all digital options. |
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o Traditionally, BMW runs TV & Print ads. o TM = 46, $ 150,000, 2/3rds male, married, no kids, “Work hard, play hard.” o Discovery = 85 % use internet before purchase.
o Plan: 2001, asked directors / producers to create shorts. o Goal: to drive ppl to BMW website o Promotion: TV ads (trailers), viewers had to register (take a look) o Result: 10 million views, 2 million registered, 60 % asked for more info, 94 % recommended site to others (viral marketing.) |
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o Overall 54 % read Sunday (2008) • 48 % read daily • 67 % of adults read paper last week
o 2nd in total ad revenue (2009) • $ 32 billion (down for $ 47 Billion in 2006)
o Primarily local Advertisers • 85 % local & 15 % national
o Less Demographically defined • (shotgun v. Rifle Shot) • Although newspaper readership skews older and upscale. |
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o Desirable audiences (those w/ buying power) read the paper. o Daily readership • Job Type-higher education, higher readership
relevance increases as people age and take on more responsibility |
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o Newspaper relevance increases as people age, take on responsibility. o More educated = more readership. o More income = more readership. |
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Whats the focus of local, national and specialized |
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o Local (AJC, Banner Herald) o National (NYT, USA Today, Wall St. Journal) o Specialized (college, ethnic, B2B) |
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Geographic flexibility (and T-Mobile) |
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o National Advertisers prefer both ways.
• Eg: T-Mobile - National: WS Journal - National: Sunday Supplements (parade) - Local: Seattle, La, Portland, Phoenix, SD
o Local Stores Can focus for detail, distance is limited. |
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o Columns x inches = Ad Size o Ad size x Rate = Ad Cost SAU=standard advertising unit |
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Column inch: 2x5 ad. Rate= $100 per column inch. What is the cost of this ad? |
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Cost per thousand o Widely used evaluative tool to assess cost efficiency of various print media. -rate is based on readership -CPM tells us how much an ad costs relative to others o Cost of the ad/circulation = CPM o Can compare similar ad sized -normally use full page |
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Which option (CPM) is a better deal? $10,000/33,000=$303 $5,000/14,000=$357 |
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The 2nd one is more expensive relative to the first one |
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Why advertise in Newspapers |
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o Being seen in paper enhances credibility o Tight market coverage o High reach among desirable audiences o Media Mix: newspapers are great for quickly building awareness and stimulating action (sale ads) |
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Disadvantages of Newspapers |
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o Reproduction o Clutter (small ads) o Shrinking Audiences, especially among youth (but still 50 %) |
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How are newspapers adapting? |
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developing websites and mobile content |
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o People love their magazines o In the trade, referred to as “books” o 80 % of US households subscribe to magazines o Average Household = 6 different books a year. o Today, over 11,000 consumer titles o Total ad revenue = $ 12 billion (-7 % from 2008) • Less than newspaper o Primarily National • But local and regional possibilities. |
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newsweek, rolling stone, vanity fair |
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• Maxim-most female readers • GQ • Details • Esquire american rifleman-fewest female readers |
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cosmo-most male readers working mother-readers glamour vogue |
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Magazine buying consideration |
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o Readership Profile o Editorial Profile: o Usually buy > 1 books o Circulation sized (trade off) o Cover positions |
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• Who reads the magazine? Usually described in terms of demo and psycho characteristics. |
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• How the magazine editors define the magazine: e.g. – news, tattle, sports, business, general interests, etc. |
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1st, 2nd, 3rd, and 4th cover - Full page (4C) = 100 index (recall) - Inside spread (4C) = 130 - 4th cover = 120 - 2nd cover = 112 - 3rd cover = 90 |
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o Bleed (No border-perceived as larger) o No Bleed (Border) |
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standard rates and data service |
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o 1950’s = $0.2 Billion o 2003 = $ 57 Billion o 2008 = $ 65 Billion o Tv/ cable/DVR viewing per home is about 8.5 hours a day Majority of ad dollars are spent in TV-about 1/2 this amount is spent in newspapers |
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Are ratings of top shows up or down? |
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down bc of increasing audience fragmentation |
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TV structure (4 was to buy advertising) |
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TV advertising is roughly brought in 4 different ways: • Broadcast Network TV = $ 27 Billion - Network (ABC, CBS, NBC, Fox, CW) • Cable Network TV = $ 19 Billion - Networks (ESPN, TBS, TNT) • Spot TV = $ 17 Billion - Spot (National) - Spot (Local) • Syndication = $ 4 billion - (Jeopardy, Judge Judy, Seinfeld Re-Runs) |
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TV Buying considerations: TV is best for... |
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• Generating Awareness (Reach) • Branding (Image Transformation) • Brand Reinforcement |
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What are TV buys based on |
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o Buys (as w/ other media) are based on audience exposure among TA & $$. |
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What must people consider in TV buying |
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• Cost • Ratings • Daypart • Audience |
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o Mostly determined by popularity (size of audience) o Larger Audience is more expensive |
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Largest audience size/most expensive show to run a 30-sec ad |
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Sunday Night Football: $340,000 |
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o Audience size measured w/ “ratings” o Roughly 114 Million TV homes in US o Ratings: • % of homes to a specific program. • # of homes watching / N (# of tv homes) o 114 million homes tuned in / 114 million TV homes = 10 o Ratings are a percentage w/out the percentage sign (%) |
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o Often chosen more than specific programs o Important for targeting; must be familiar with audience composition. o (E.g.: Best time to advertise laundry Products?) • Daytime, morning (maybe even PT)
o 6-10 am → morning o 10 – 4:30 pm → Day Time o 4:30 – 7:30 → Early Evening / Fringe o 7:30 – 8:00 PM → primetime access o 8-11 PM → Prime Time o 11-11:30 → Late News o 11:30 – 1 Am → late night / Fringe |
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o National Brands • Place a buy with one / several network (s) - Broadcast networks - Cable Networks a. Espn, nick, MTV, TNT, ect. |
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National and local brands/locations (buys) |
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Spot buys → place market-by-market buys
• Buy top Station (s) - Usually a mix of top – ranked stations / affiliates - Marketers by top 10 marketers.
• Buy Local Cable: - Usually a ROS buy a. Run of Schedule b. Any Network at any Time - Buying reach / frequency
• Can Do a Combination: national buy and/or "heavy up" in major markets with spots |
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Future of TV (challenges) |
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DVR-ppl skip ads -solution: logo through whole ad, product placement Watching TV online |
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o 1920’s to mid 1950’s known as the “Golden Age” o Radio also “got punched” by TV. o Responded by becoming more specialized. o Today, radio is threatened by satellite radio • Or Not?-sometimes you hear ads on satellite channels • As well as internet / itunes. Radio revenue is down |
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Radio Buying Considerations |
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Primarily a local Buy • $ 20 Billion - 10 % national network or spot - The rest is local (Magazine is opposite)
Very Targeted • Similar to magazine and cable networks
Low Costs • Production & CPM
Excellent Secondary Buy • Can extend reach and reinforce messages in other media |
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Most essential considerations for radio bus |
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daypart, ratings and format (content-country, etc) |
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• Morning Drive (6-10 AM) • Day Time (10 – 3 PM) • Afternoon Drive (3-7 PM) • Evening (7 – Midnight) • Latenight (Midnight – 6 AM) |
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- Old ppl listen to news / talk - Young = contemporary hits Preference By Age
18-24 y/o 1. Contemporary Hits 26% 2. Urban 14% 3. Adult Contemporary 12%
55-64 y/o 1. News/Talk 28% 2. Adult Contemporary 15% 3. Country 13% |
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Internet and digital media basics |
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o Internet is the fastest growing medium history o Over $ 25 Billion in 2009 • 3rd biggest medium behind only to TV and newspaper o Growth increasing annually most growth in social media nad mobile advertising |
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Years to reach 50 million viewers (radio, tv, cable, internet) |
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• Radio 38 yrs • TV 13 yrs • Cable 10 yrs • Internet 7 yrs |
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categories of internet advertising |
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o Search (60%) o Display (31%) • Rich media (video), Banners, Sponsorship o Email (5 %) o Social Media (3 %) → expected to grow o Mobile (2 %) → expected to grow |
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Facts about internet advertising |
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o Trackable o Targetable o Reach people @ work o Creatively influences the media process o Combines the best of each medium • Print, Audio, Visual |
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- 1. Google 5. Youtube - 2. Yahoo 6. Microsoft - 3. MSN 7. AOL - 4. Facebook |
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Search engine market share-US |
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• Google – 80 % • Yahoo & Bing – 20 % |
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o Very targeted advertising effort o Bid on word auction style o Cost varies from $ .01 to much more per click-thru so you only pay for those coming to your site.
there are things you can do to come up at the top of a search as a non-sponsored link |
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ROS=Run of Site Banner, buttons, skyscrapers, interstitials, pop-ups, pop – unders, rotating gifts, etc. o Paid placement on other sites (content) o Account for over 31 % of online ad. Revenues. o Typically link advertisers URL o Low Click – Thru rates o Prices Vary • Can buy via impression: CPM • Can buy via # of click: CTR (click-thru rate) - cost varies from $.01 to much more per click through rate so you only pay for those coming to your site |
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ESPN is what kind of site? |
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sticky-ppl go there over and over again |
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skip this ad o Gets in the way before content you want to see of website. |
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EWOM-e word of mouth spread to other people through emails, networks, blogs. All advertisers pay is production costs |
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used viral video Kimberly Clark as a DIY line called Duckbill • Duckbill is K-C’s DIY line • Re-positioned as dust masks • Hired “Buzz-marketing” • They paid ad Organic $ 25,000 for videos • Results: - 115,000 blog mentions - 65,000 visits - 30 % increase across the line |
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stairs into piano keyboard |
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social networking for business/jobs |
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Social networks and mobile |
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how to mine social networks |
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• Target Ads/ Buy Ads on Facebook • find out info of users and place targeted ads • OR: create fan page to advertise (EX: Starbucks 3.5 million fans on Facebook) |
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“Sniffing out dorm dwellers.”
o Febreze: • $ 600 Million in less than 10 years (P & G brand)
Goal: • To reach 18 million college students • Mainstream media is ineffective for 18 – 22
Plan: • Go online and Viral • Facebook – centerpiece • Whatsticks.com housed on FB • Banner Ads • Games, Videos, photos, comedy etc. |
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o Is going to take off. o 280 million subscribers. o Smart phones / apps o Haven’t really figured out how yet |
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o 7,800 recipes o Cooking videos o Shopping list o Store locator o Always advertises Kraft product in list ingredients. |
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: * McDonald's is the #1 outdoor advertiser!!!! DEF: all forms of media outside of the home that carry advertising messages to consumer audiences.
Types: • Traditional ( 62 % of all spending) - Billboards • Transit (19 %) - Buses, trains, airports, taxis, trucks, subways • Street Furniture (15 %) - Bus shelters, benches, newsstands, public phones, kiosks, shopping malls. • Alternative (4 %) - Stadiums, resorts, airborne, parking meters, etc. |
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2 main types of billboards |
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Poster Panels: • 8-sheet, 30-sheet. • In- or close to town • Bought monthly (shorter time period)
Painted Bulletins: • Biggest, most permanent, along freeways. • Longer time period – 6 month to a year |
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o Time square. o Spectaculars: unique, LARGE, contract usually is from one year (min) to longer |
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o Producer/Arranger/Talent
o Turner Productions
o Graduated from UGA in 1963
o Art director @ BBDO upon graduation
o Best client today=Subway
o Worked w/ John Mayer |
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