7.2. Media Planning II Flashcards

(56 cards)

1
Q

Evaluating media effectiveness - reach

A
  • percentage of target audience that is exposed to an advertisement at least once during a certain time frame (usually 4 weeks)
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2
Q

factors determining reach

A
  • more people are reached when a media schedule uses multiple media
  • number and diversity of media vehicles used
  • diversifying the day parts
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3
Q

the (in)sufficiency of relying on reach

A
  • in terms of CPM model, reach indicates only the number of people exposed to an ad
  • in terms of hierarchy of effects model, reach doesn’t really guarantee that consumers will even be aware of the brand
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4
Q

Evaluating media effectiveness -frequency

A

average no of times an advertisement is exposed to the target audience in a four-week period

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5
Q

Evaluating media effectiveness - weight (=impact)

A

Gross rating points (GRPs) are an indicator of the amount of gross weight that a particular ad schedule is capable of => reflects overall impact of the ad schedule

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6
Q

GRPs Formula

A

Reach x Frequency
Ratings x # of Buys

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7
Q

GRPs are sum of all…

A

vehicle ratings in a media schedule

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8
Q

Rating

A

proportion of the target audience presumed to be exposed to a single occurrence of an ad vehicle in which the advertisers brand is advertised

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9
Q

Why does deciding on level of reach and frequency involve tradeoffs

A
  • given a fixed adv budget, they cant be simultaneous optimized
  • one can be maximized, but not both
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10
Q

building market share by reaching new target markets may lead to a preference for greater…

A

reach

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11
Q

creating brand loyalty within a target market may require more…

A

frequency

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12
Q

Emphasize reach when communication objectives are…

A
  • building awareness (availability)
  • new brands
  • announcements of product improvement or price reductions of existing products
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13
Q

Emphasize reach when target markets are…

A
  • mass strategy
  • undefined market
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14
Q

Emphasize frequency when communication objectives are…

A
  • brand salience (accessibility of the brand)
  • increase memory for benefit, image, etc.
  • enhance attitudes
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15
Q

Emphasize frequency when target markets are…

A
  • selective/ niche market
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16
Q

Emphasize reach when (other factors)…

A
  • highly seasonal brand
  • complex message needs to be communicated
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17
Q

CPM

A

Cost per Mile

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18
Q

CPT

A

Cost per thousand

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19
Q

lower CPM means…

A

higher efficiency

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20
Q

CPM/ CPT across media

A

not comparable

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21
Q

CPM based on circulation for print media - formula

A

(unit cost/ circulation) x 1000

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22
Q

CPM based on rating for print media - formula

A

(Unit cost/ rating x # of target audience) x 1000

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23
Q

CPM based on rating for broadcast - formula

A

(Unit cost/ rating x # of target audience) x 1000

24
Q

CPRP

A

Cost per rating point

25
CPRP across media
comparable
26
CPRP Formula
Total cost/ GRP
27
CPR
Cost per reach
28
what is CPR
cost for 1% reach
29
CPR = CPRP when...
frequency = 1
30
CPR rules out...
repeated exposure
31
CPR Formula
Total cost/ reach
32
Continuous advertising
consumer goods like toothpaste, washing detergent,....
33
Pulsing advertising
products that have higher sales in some months like flipflops
34
Flighting advertising
seasonal products like winter clothes, Christmas deco,...
35
Digital/ Mobile channel (New media)
- social media - influencers - short forms - live-streaming e-commerce - mobile apps (brand or platform app)
36
social media
- interactive and individual (vs one-way and mass) communication - interesting and engaging story to attract crowd - quick diffusion and reproduction of contents - viral marketing, word-of-mouth - transforming "commercial" message to "useful" info - perceived as unbiased/ neutral source of info - finding and creating "needs" without being aware
37
Endorsers
- featured in advertising (or marketing) context - perceived as exclusive marketing effort - inferred as delivering designated message - positioned as biased point of view - explicitly sponsored
38
Influencers
- NOT featured in advertising (or marketing) context - NOT perceived as exclusive marketing effort - inferred as delivering real taste or preference - positioned as unbiased point of view - NOT explicitly sponsored
39
Endorsers exampe
Kobe, ronaldo, roger
40
Ambassador
- long term relationship - consistently represent and promote the brand
41
viewers perceive influencers messages as...
non-marketing efforts
42
viewers expect influencers to deliver...
unbiased information/ opinion with a neutral point of view
43
viewers perceive the brand as the influencers...
actual choice reflecting their real taste, style and preference
44
issue of sponsorship disclosure
influencers credibility may be reduced once the viewers figure out they are also sponsored
45
issue of owner/ CEO as influencer
not perceived as commercial source but not perceived as neutral source either
46
Live commerce
- similar to home shopping channel - maximizes attention/ engagement and minimizes extensive searching/ decision making process by focusing on one item - creates needs/ wants spontaneously - allows direct/ interactive communication - customers being stimulated by other customers on the same venue
47
Mobile apps - categories
- brand apps - platform apps
48
Brand app
- provides unique brand story or exclusive product information to build a brand image/ attitude - offers exclusive and appealing membership program
49
Platform App
- provides various and convenient ways to induce actual purchase - targeted, customized and immediate offers/ promotions available
50
Mobile Ad
substitute for the traditional media to convey the ads
51
Example brand app
nespresso
52
Example platform app
naver, coupang
53
Power/ control moves from ... to ....
major mass media to big platforms
54
Current/ potential problems of platform/ brand apps
- customers point of view - suppliers (brands) point of view
55
how can brands survive in this platform era
56
is there a room for brand apps to survive? how?