Marketing Communications
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Chapter 8 : Media Planning
Environmental Analysis
Media Objectives
Reach Frequency Continuity Costs
Media Strategy
Target Audience Decisions Media Budgeting Media Selection Media Scheduling Implementation of Media Plan
Management Science and Media Planning Models
Evaluation Models Allocation Models.
Chapter Summary
Media planning is defined as "the process of designing a course of action
that shows how advertising time and space will be used to contribute to the
achievement of advertising and marketing objectives." The importance of
effective media planning has increased due to four key factors – increases
in media options, fragmentation of target audience, spiraling media costs,
and increased complexity in media buying.
The media planning process involves deciding the right target audience,
selecting appropriate media vehicles, and determining the scheduling of the
media plan. A typical media planning process consists of four key steps –
environmental analysis, determining media objectives, developing media
strategy, preparing and implementing the media plan.
Environmental analysis involves evaluating the internal and external
environmental factors relevant to the media planning process. This helps the
company to identify the problems and opportunities related to the media
planning. Next the company has to determine the media objectives that it
wants to achieve through the implementation of the media plan.
There are four key media objectives that a company can consider – reach,
frequency, continuity and costs. Based on the environmental analysis and the
media objectives, the company proceeds to develop a media strategy. Media
strategy provides guidelines to be followed while implementing a media plan.
The development of the media strategy involves four key steps, namely target
audience decisions, media budgeting, media selection and media scheduling.
The next step is preparing and implementing the media plan. During this
stage the company undertakes media buying as specified in the media
schedule.
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