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Detailed Media Planning and Strategy Notes

Media planning is a strategic process aimed at delivering promotional messages to target audiences effectively and cost-efficiently. It involves several key steps, including situation analysis, setting media objectives, and selecting appropriate media vehicles. Challenges in media planning include insufficient information, inconsistent terminologies, and difficulties in measuring effectiveness.

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0% found this document useful (0 votes)
50 views2 pages

Detailed Media Planning and Strategy Notes

Media planning is a strategic process aimed at delivering promotional messages to target audiences effectively and cost-efficiently. It involves several key steps, including situation analysis, setting media objectives, and selecting appropriate media vehicles. Challenges in media planning include insufficient information, inconsistent terminologies, and difficulties in measuring effectiveness.

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overthinkera02
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Media Planning and Strategy – Full

Chapter Notes
1. Introduction to Media Planning
Media planning involves a series of decisions about delivering the promotional message to
the target audience. It includes determining the best combination of media to achieve
marketing campaign objectives with optimal cost-efficiency.

2. Key Terms and Concepts


 Media Planning: Strategic decisions in delivering messages to target audiences.
 Media Plan: Guide that outlines media selection, objectives, and strategies.
 Medium: Broad media category (e.g., TV, Radio, Print, Digital).
 Media Vehicle: Specific carrier within a medium (e.g., TOI newspaper, YouTube).
 Reach: % of audience exposed to a medium at least once over a period.
 Coverage: Potential audience that might receive the message.
 Frequency: Average number of times an audience is exposed to a message.

3. The Media Plan Process


The media plan determines how to deliver the advertiser’s message most effectively. It aims
to optimize reach, frequency, and cost-effectiveness.

Steps in Developing a Media Plan


 1. Situation Analysis – Understand market, competitors, size, trends, and target
segments.
 2. Marketing Strategy Plan – Define marketing and distribution objectives and select key
markets.
 3. Creative Strategy Plan – Decide how to position the product and communicate
through advertisements.
 4. Set Media Objectives – Translate marketing strategy into quantifiable goals (e.g., 70%
reach in 3 months).
 5. Determine Media Strategy – Choose media types, vehicles, and timing strategy (e.g.,
flighting or pulsing).
 6. Select Broad Media Classes – Choose between categories like TV, Print, Digital,
Outdoor, etc.
 7. Select Specific Media Vehicles – Choose exact carriers (e.g., Instagram, Hindustan
Times, Hotstar).
 8. Media Use Decisions – Placement, scheduling, budget allocation, sponsorships.
4. Problems in Media Planning
 Insufficient Information – Data may be outdated or too costly to obtain.
 Inconsistent Terminologies – Different media use varying cost metrics (e.g., CPM, CPRP).
 Time Pressures – Media decisions often made under tight deadlines.
 Difficulty Measuring Effectiveness – Attribution and ROI tracking is complex.

5. Market & Audience Analysis


Use tools like Simmons Market Research Bureau (SMRB) and MRI to identify potential
audience segments.

 Index Number Formula: (Users in segment / Population in segment) x 100


 Index > 100 means high potential; useful for targeting media efforts.

6. Internal and External Factors Affecting Media Strategy


 Internal: Organizational structure, agency size, media expertise, budget.
 External: Market competition, economic trends, media tech evolution, regulations.

7. Geographic Targeting – Where to Promote


Marketers can use indices like:

 Survey of Buying Power Index – Combines population, income, and sales data to assess
geographic potential.
 Brand Development Index (BDI) – Indicates product usage per region (BDI = % Brand
Sales / % Population × 100)

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