Media Types and Calculations

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  • 7/29/2019 Media Types and Calculations

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    Short Message Life

    High Production Cost

    Low Selectivity

    High Absolute Cost

    Clutter

    Mass Coverage

    High Reach

    Impact of Sight, Soundand Motion

    High Prestige

    Low Cost Per Exposure

    Attention Getting

    Favorable Image

    High Production Cost

    High Absolute Cost

    Short Message Life

    Low Selectivity

    Favorable Image

    Attention Getting

    Low Cost Per Exposure

    High Prestige

    Impact of Sight, Soundand Motion

    High Reach

    Mass Coverage

    Television Pros and Cons

    Advantages Disadvantages

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    Clutter

    Fleeting Message

    Audio Only

    Low Attention Getting

    Local Coverage

    Low Cost

    High Frequency

    Flexible

    Low Production Cost

    Well-segmented Audience

    Low Attention Getting

    Clutter

    Audio Only

    Well-segmented Audience

    Low Production Cost

    Flexible

    High Frequency

    Low Cost

    Local Coverage

    Radio Pros and Cons

    Advantages Disadvantages

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    Visual Only

    Long Lead Time forAd Placement

    Lack of Flexibility

    Segmentation Potential

    Quality Reproduction

    High Information Content

    Longevity

    Multiple Readers

    Visual Only

    Long Lead Time forAd Placement

    Multiple Readers

    Longevity

    High Information Content

    Quality Reproduction

    Segmentation Potential

    Magazine Pros and Cons

    Advantages

    Disadvantages

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    Clutter

    Poor Reproduction Quality

    Short Life

    Low Attention Getting

    High Coverage

    Low Cost

    Short Lead Time for Placing Ads

    Ads Can Be Placed in InterestSections

    Timely (Current Ads)

    Reader Controls Exposure

    Can Be Used for Coupons

    Selective Reader Exposure

    Poor Reproduction Quality

    Low Attention Getting

    Clutter

    Short Life

    Can Be Used for Coupons

    Reader Controls Exposure

    Timely (Current Ads)

    Ads Can Be Placed in InterestSections

    Short Lead Time for Placing Ads

    Low Cost

    High Coverage

    Newspaper Pros and Cons

    Advantages Disadvantages

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    Short Ads

    Local Restrictions

    Sort Exposure Time

    Poor Image

    Location Specific

    High Repetition

    Easily Noticed

    Poor Image

    Short Ads

    Sort Exposure Time

    Easily Noticed

    High Repetition

    Location Specific

    Outdoor Pros and Cons

    Advantages Disadvantages

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    Poor Image (Junk Mail)

    High Cost Per Contact

    Clutter

    High Selectivity

    Reader Controls Exposure

    High Information Content

    Repeat Exposure Opportunities

    Poor Image (Junk Mail)

    High Cost Per Contact

    Repeat Exposure Opportunities

    High Information Content

    Reader Controls Exposure

    High Selectivity

    Direct Mail Pros and Cons

    Advantages Disadvantages

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    Websnarl (Crowded Access)

    Few Valid MeasurementTechniques

    Limited Creative Capabilities

    Technology Limitations

    Limited Reach

    User Selects Product Information

    User Attention and Involvement

    Interactive Relationship

    Direct Selling Potential

    Flexible Message Platform

    Few Valid MeasurementTechniques

    Technology Limitations

    Websnarl (Crowded Access)

    Limited Creative Capabilities

    Flexible Message Platform

    Direct Selling Potential

    Interactive Relationship

    User Attention and Involvement

    User Selects Product Information

    Internet Pros and Cons

    Advantages Disadvantages

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    MeasurementProblems

    Lack of Information

    Inconsistent

    Terms

    Time

    Pressure

    Inconsistent

    Terminologies

    Lack of InformationDifficulty measuringEffectiveness

    Media Planning Difficulties

    Problems

    in Media

    Planning

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    Determining Relative Cost of Media-Print

    Cost of ad space(absolute cost)

    Circulation

    CPM = X 1,000

    Cost per thousand (CPM)

    Hindu Indian Express

    Per-page cost Rs.234,000 Rs.210,000

    Circulation 4 million 3.1 million

    Calculation of CPM 234,000 X 1000

    4,000,000

    210,000 X 1000

    3,100,000

    CPM Rs.58.5 Rs.67.74

    Cost per Thousand Computation: Hindu Vs Indian Express

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    Determining Relative Cost of Media-Broadcast

    CPRP =Cost of commercial time

    Program rating

    Cost per ratings point (CPRP)

    Sun TV Vijay TV

    Cost per spot ad Rs.1,00,000 Rs.75,000

    Rating 18 17

    Reach (Households) 197,100 186,150

    Calculation Rs.1,00,000/18 Rs.75,000/17

    CPRP (CPP) Rs.5555 Rs.4411

    Comparison of Cost per Rating Point: Sun TV Vs Vijay TV

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    Determining Relative Cost of Media:

    Cost of 1 unit of time X1000

    Program rating

    TV:Cost of ad spaceX 1000

    Program rating

    Newspaper:

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    Measures of effectiveness must consider 2 factors:

    (1) How well did these strategies achieve

    the media objectives(2) How well did this media plan contribute to

    attaining the overall marketing &

    communications objectives