OUR media marketing agency
8 step marketing planning process
“Marketing is really just about sharing your passion.” – Michael Hyatt
First, WHAT is the role of THE media marketing agency?
Here we will try to give you a complicated answer in a very simplified way.
So, do you know why you notice the same advertising of a product or service appears in many different places? Above all in the magazines, mega boards, web pages, etc.? Yes, this is because of the efforts that one media marketing agency realized according to their marketing planning process.
This process consists of a series of solutions that are required to deliver one advertising message to the exact target audience in the most efficient way. This means finding and using the best combination of different media vehicles*.
Our media marketing agency glossary explaining the marketing planning process terminologies.
Media planning – A series of solutions within the media marketing agency marketing planning process, needed to deliver the advertising message to users. Requires the development of specific media goals and media strategies. In the main sense, the purpose of the media plan is to find a combination of media that enables a marketing specialist to deliver the creative in the most effective way to the greatest number of potential customers at the lowest cost.
Media goals – Media goals are the goals for the broadcast and should be limited to those that can be achieved through media strategies.
Media mix – the goals, characteristics of the product or service, the budget, personal preferences are part of the factors that determine what media mix to use.
Media strategy – a plan of actions aimed at achieving the media objectives.
Media environment – the general categorization of the various channels of delivery of the advertisement (television, radio, press, outdoor advertising, etc.)
Media vehicle – specific carriers within the media environment (for example, “24 hours” and “Trud” are printed vehicles, BTV and NOVA are media vehicles) Each of the vehicles has its own advantages and disadvantages.
Scope – is a measure of the number of different audience members who will see the media at least once in a given time period.
Coverage – refers to the potential audience that the message could receive through the selected vehicle.
Frequency – gives information to media marketing agency for the frequency that refers to the number of users who will see the media in a given period.
Index – an indicator of market potential. This number is derived from the formula.
Percentage of users in a demographic segment
Index = ————— x 100
Percentage of the population in the same segment.
Brand development index – helps marketers take account of the percentage of use of a product in a given geographical area in the decision-making part of the media marketing agency marketing planning process.
Segment development – The CDI provides information on the potential for development of the common category of products rather than specific brands. When this information is combined with BDI, a much deeper promotional strategy can be developed.
Unnecessary coverage – Scope of ad delivery that reaches people who are not potential buyers and/or users. Consumers cannot be part of the targeted target market, but they can still be considered potential – for example, those who buy the product as a gift to someone else.
Continuous advertising – an uninterrupted advertising strategy. Such a strategy could be applicable to the advertising of food products, detergents or other products that are consumed constantly, regardless of the seasons.
On periods – Advertising strategy at different times. For example, Snow Skies are strongly advertised between October and April; Less in May, August and September; And not at all in June and July.
Pulsating – A strategy combination of the first two methods. Is a continuous ad, but at certain times, ads are increasing. For example, in the beer industry, advertising continues throughout the year but may increase during holiday periods.
Unsullied and duplicated range – for example, if an ad is shown in a single show, we can calculate its range, If it is shown in 2 broadcasts, in front of different audiences, this is the undiluted range. In some cases, the same people will see the ad in both shows – this is the duplicate range. Non-duplicated reach defines views to potential new clients, duplicate reach gives information to the media marketing agency about ad serving frequency.
Program rating – Help the media marketing agency to measure the potential reach of advertising in the radio and television industry.
Gross rating points – A digital indicator that tells how many potential users in the target audience can reach ads.
Target Audience – determines the exact number of people in the main target group to reach a media outlet. Unlike GRP, here are not people who are not potential clients.
Effective reach – Help the media marketing agency to determine the percentage of an audience of the selected media vehicle that will be reached after each effective increase in the ad serving rate. The concept is implemented in the media marketing agency marketing planning process from the fact that only 1 displaying the ad is not enough for it to be taken by potential customers. For example, if an ad is shown 3 times it flows as ineffective contact, and if 10 times are considered to be ample, that is once again ineffective.
Creative aspect – It is possible to increase the success of a campaign with the help of highly creative advertising. But in order to apply this creativity in the marketing planning process, the choice of a media environment should allow this creative to be used.
Mood/emotion – Some media could reinforce the creativity of a creator because they create a set that is paralleled with the ad message.
Absolute value – the actual price to be paid for the use of a media environment or vehicle.
Relative value – refers to the relationship between the price paid for the advertising time (place or size) to the number of users it will reach. It is used to compare the performance of media vehicles. An important value in the media marketing agency marketing planning process because it helps optimize the budget in a way that the ad can reach as many people as possible.
Price to a thousand – used in press advertising. CPM = absolute ad value / number of x magazine readers xNUMX. (The price for 1000 reached the reader)
Price x Rating Points – used in television. CPRP = the price paid for the ad/rating of the program.
Target CPM (TCPM) – Price to a thousand, but to the target group and not to the whole group of people who will see the ad.
Readers to copy – Number of users who will see the same ad – in other words, the same ad can be seen by more than one person in one issue of the magazine.
Passing Audience – The number of people who can see the advertisement in the magazine without buying it.