Shared Flashcard Set

Details

Advertising Media #2
DEFINITIONS
26
Advertising
Undergraduate 4
04/05/2011

Additional Advertising Flashcards

 


 

Cards

Term
Gross Rating Point
Definition
sum of rating points. So a media planner can estimate the size of the audience reached by a particular vehicle or schedule

RATINGSx # of insertions
Term
Composition
Definition
percentage of the media vehicle's audience (# of cosmo readers) that is comprised of a given target audience... out of 10 million cosmo readers, 5 million are 18-34.. how much the target audience makes up of the vehicle's audience
Term
Coverage
Definition
the percent of the target that is exposed to the vehicle. If there are 30 million 18-34 YO women in the US, and 5 million read cosmo, then the coverage is 16%
Term
Rating
Definition
estimate of the percent of an audience who has actually watched the program, in proportion to total population
Term
Reach
Definition
the percent (or number) of people or HH exposed to a specific vehicle (or schedule) at least once
Term
Frequency
Definition
Avg # of exposures among target audience to campaign::: GRP/Reach
Term
gross impressions
Definition
the sum of audience sizes
Term
HUT (Households using TV)
Definition
Percent of HH in a market that are tuned in to a TV at a given time
Term
Share of Audience
Definition
Percentage of homes tuned into a program, based on those that had their TVs turned on, Uses HH as its base, not total population
Term
Effective Reach
Definition
the percent of the target audience exposed at the level of frequency a planner deems as effective
Term
Effective Frequency
Definition
the amount of frequency (or repetition) the planner judges to be necessary for advertisements
Term
CPM
Definition
Cost per thousand. the cost to deliver to 1,000 people or homes (cost/people exposed) x 1000
Term
CPP (cost per rating point)
Definition
the cost of one household or demographic rating point in a given market. Cost per commercial/rating (the rating is based on 100 points)
Term
impressions
Definition
a single person watching TV, listening to radio, or exposed to another medium during the average minute or quarter hour. NOT THE NUMBER OF PEOPLE WHO WATCHED IT
Term
audit bureau of circulation
Definition
non profit, self regulated organization consisting of advertisers, agencies, and publishers. the organization's role is to VERIFY CIRCULATION FIGURES and report back to agencies and its members
Term
vehicle
Definition
individual carrier within a medium (classification of carriers)
Term
Exposure
Definition
basic measurement
helps to differentiate media vehicles on the basis of their audience size
measurement of people who are sure they've looked into/read a vehicle within a given time period
*open eyes (or listening ears) facing the medium*
Term
response function
Definition
quantifies the perceived ability of multiple exposures of an ad to elicit a response from the viewer.

ENGLISH:determines how effective multiple exposures of an ad will be in eliciting a response
Term
DMA
Definition
used by nielsen to identify an exclusive geographic area of counties in which the home market television stations hold a dominance of total hours viewed. There are 210 DMA's in the US
Term
heavy-up scheduling
Definition
most planners spend more time when consumer buying is heaviest and spend less at other times
Term
Problems of media planning
Definition
insufficient media data::no adequate measurement tool, limited access to the data;
time pressures
external influences; ie. pressure on media selection
lack of objectivity; measurement error
No valid way of measuring advertising effectiveness
Term
defensive
Definition
in geographical market where sales for a given brand have been good; minimize risks and maximize potential
Term
offensive
Definition
where sales have not been good; high risks
Term
traditional method of budget setting:
Definition
percent of sales--multiplies projected sales revenue for the year by a given percentage to be spent on advertising
competitive spending--it depends on setting the budget in relation to the amount of spending by competing brands

OBJECTIVE AND TASK--setting specific marketing and/or advertising objectives; the method does not
Term
dollar allocation
Definition
allocate proportionally more money to good markets
not consider varying media costs
Term
gross-impression weighting (forms of geographic weighting)
Definition
allocate the budget on the basis of GI desired
consider varying media cost
low cost (low CPM) markets receive more impressions while more expensive markets receive fewer
Supporting users have an ad free experience!