Sunday, August 31, 2014

Media Planning and Strategy | Overview of Media

Media Planning and Strategy

All those instrument are needed for Media Planning and Strategy or An Overview of Media Planning

1.Media planning
2.Media objectives 
3.Media strategies   
4.Medium 
5.The media vehicle 
6.Reach
7.Coverage
8.Frequency

 What is  Media ?

Media is a instrument that helps to reach the buyer or potential buyers or future buyers. in a brief media is a communication tools that helps promote business. providing information the buyers, potential buyers or future buyers with proper knowledge. Like... Tv, Redio, newspaper, Facebook, + Googletwitter All are the media to communicate people.

The Media Plan
The media plan determines the best way to get the advertiser’s message to the market.
The goal of the media plan is to find that combination of media that enables the marketer to communicate the message in the most effective manner to the largest number of potential customers at the lowest cost.
 
Problems in Media Planning
Insufficient Information
Inconsistent Terminologies
Time Pressures
Difficulty Measuring Effectiveness

Developing the Media Plan
Market analysis
Establishment of media objectives
Media strategy development and Implementation
Evaluation and follows plan.

Market Analysis and Target Market Identification
To whom shall we advertise (who is the target market)?
What internal and external factors may influence the media plan?
Where (geographically) and when should we focus our efforts?

To Whom Shall We Advertise?
A variety of factors can assist media planners in this decision.
Some will require primary research,
Or will be available from published (secondary) sources.
A Model can be used
The number of adults in the country by each category under consideration
The number of users
The percentage of users falling into each category (for example, the percentage that is female)
The percentage of each category that uses the product (the percentage of all females using)
An index number
The same information classified by heavy, medium, and light users.
The index number is considered a good indicator of the potential of the market. This number is derived from the formula:
Index = [Percentage of users in a demographic segment/ Percentage of population in the same segment] /100

Internal & External Factors Are Operating?
Internal factors may involve the size of the media budget, managerial and administrative capabilities, or the organization of the agency.
External factors may include the economy (the rising costs of media), changes in technology (the availability of new media), competitive factors, and the like.
While some of this information may require primary research, much information is available through secondary sources, including magazines, syndicated services, and even the daily newspaper.

NEXT


RELATED CONTENT

Customer satisfaction
2 gaps | customers & service providers
Business Policy | primary & secondary share market
Investment Basic Functions | IPO market
What are the customers?
product Target marketing | Market Segmentation
Where to Promote media | Establishing Media Objectives
Where to Promote media | Establishing Media Objectives
Media Geographic Coverage | Media Scheduling
Media Fighting | Media Pulsing | Advantages| Disadvantages
Media Necessary | Level is needed | Frequency Objectives | Gross ratings
Media effects of reach and frequency | Determining Effective Reach
Media Effective reach | Average frequency
Media Factors important in determining frequency levels
Creative media Aspects and Mood of media
Determining Relative Costs of Media | Evaluation

No comments:

Post a Comment