Shared Flashcard Set

Details

Ch.10, 11, 12, 18
TEST
32
Advertising
Undergraduate 4
10/30/2011

Additional Advertising Flashcards

 


 

Cards

Term
TSA
Definition
Total Survey Area: includes counties outside of a DMA which still watch some television from the first DMA's stations.
Term
Basic Marketing Strategy
Definition
(Support Current Business)-(Develop New Markets)
Term
Offensive Strategy
Definition
Low Brand Sales, Heavy Competition, New Product or Brand extension. Is the brand weak or the whole category weak?
Term
Defensive Strategy
Definition
Strong brand sales, protects existing franchise, recent research shows heavy users can buy even more. Where brands have to protect turf.
Term
BDI (Brand Developement Index)
Definition

=

% Brand Sales in Market/DMA

% Total U.S. Population in Market/DMA

X 100

 

 

Term
MRI Quad Map
Definition

High BDI/High CDI= Grow

High BDI/Low CDI= Defend

Low BDI/High CDI= Attack

Low BDI/Low CDI= Forget

Term
BOI(Brand Opportunity Index)
Definition

 

= CDI/BDI x 100

Term
Geographic Weighting
Definition
(heavy-up) extra media weighting to one or more markets that have varying sales potential. 
Term
Geographic weighting issues
Definition

1. How much to allocate to national versus local markets

2. What local markets to heavy up

 

(national first, then local markets second... then heavy-up markets)

Term
Media Planning Decisions
Definition

1. Who to advertise to

2. Where to advertise

3. Geographic weighting

4. When to advertise

5. Types of scheduling

Term
Seasonality Index
Definition

way to look at category or brand sales by month to see when the brand is sold. Index actual category or brand sales to this figure to get it. Based on you selling same each month of year.

(i.e. sales were 8.33% each month),

% brand sales/mo/8.3x100=index

15%/8.3x100=181

Term
Scheduling Options
Definition

1.Continuity

2. Flighting

3. Pulsing

Term
Continuity
Definition
consistent level of advertising across the campaign/year. eliminates product seasonality, works to remind viewers, provides media buying cost-efficiencies.
Term
Flighting
Definition

cover best times of year for product sales and go dark between flights. Driven by budget limitations.

 

Term
Flighting Advantages
Definition
works with sales fluctuations, allows for multiple types of media, consumers tend to react to high flights and not dark times - advertisers appear bigger
Term
Flighting Disadvantages
Definition

Negative frequency- ad wear out,

dark time memory loss, competitors fill in dark gaps.

Term
Pulsing
Definition
mix of continuity and flighting, base level of continuity with heavy ups at intervals or during important sales periods, national schedule is continuous, local heavy up with flighting, requires bigger budget.
Term
Ready-Fire-Aim
Definition
typically used by advertisers- i.e. don't take time to do strategic planning.
Term
Strategy
Definition
plan of action or policy designed to achieve a major or overall aim
Term
Strategic
Definition
relating to the identification of long-term or overall aims and interests and the means of achieving them.
Term
Strategic Media Planning
Definition
disciplined planning process focused on solving marketing problems and capitalizing on opportunities.(Ready-Aim-Fire)
Term
Old Media Planning
Definition
Vertical planning. Variables add uncertianity and error.
Term
New Media Planning
Definition
Horizontally, highly cluttered
Term
Media Planning Process
Definition

1.Situation Analysis (includes 2&3)

2. Problems & Opportunities

3. Communication Task(s)

4. Media Objectives

5. Media Strategies

6. Tactical Plan

Term

Media Plan Outline

 

Definition

1. Situation Analysis

2.Media Budget

3.Objectives

4. Strategies

5. Media Selections

6. Media Flowchart

7. Summary of budget breakdowns

8. Final summation/recommendations

Term
Situation Analysis
Definition
an analysis of the factors which may impact the media plan in some way
Term
Communication Task(s)
Definition
what single minded task(s) should plan focus on?
Term
Media Objectives
Definition
statement of what the media plan is supposed to accomplish, given the identified tasks.
Term
Media Strategy
Definition
broad actions to be taken to address the media objectives
Term
Optimization
Definition
evaluating alternative media mixes. No one medium today does what television did 10 years ago.
Term
Media Tactics
Definition
Specifics of media plan- how strategies will be executed
Term
Psychographics
Definition
consumer descriptions based on personality, interests, activities and opinions
Supporting users have an ad free experience!