Deck 5: Media Planning and Strategy: Evaluating Efficiency and Effectiveness
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Deck 5: Media Planning and Strategy: Evaluating Efficiency and Effectiveness
1
The average commercial pod has between two and five advertisements.
False
2
Many advertisers try to select advertising media that reach followers, in hopes of persuading these individuals to learn about products and services and then tell others about them
False
3
With online cost analysis, the first layer is the cost-per-click or CPC measurement while the second layer looks at the cost-per-thousand (CPM)
False
4
The cost plus method of generating product costs estimates takes work and bills it at an hourly rate and applies that rate to a hypothetical plan.
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5
One of the primary advantages of using CPP as an evaluation point is that it is comparable across various media unlike CPM.
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6
When evaluating media costs you have both absolute costs (i.e., unit costs for the ads you are buying) and efficiency costs (i.e., CPM and CPC)
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7
Unlike TAIs, GRPs can be used to measure effectiveness regardless of the medium being measured.
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8
One percent reach is the equivalent of one rating point.
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9
Both CPM and CPP are used to evalute media efficiencies.
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10
No audience member will be exposed to your advertisement every time it runs.
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11
When TV advertising first became available, a 30-second commercial was standard whereas now 60-second commercials are the norm.
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12
HUT and PUT can be used interchangeably when it comes to TV measurement.
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13
C3 ratings have been developed by Nielsen to help determine ad exposure through DVRs.
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14
Since each medium can rarely due the job on its own, it is important to evaluate all possible vehicles to insure the most strategic plan.
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15
Media planning is not just a science, it is also an art.
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16
CPM can be used to evaluate media vehicles in a vacuum - you don't need to consider audience characteristics or levels of engagement.
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17
CPM is the best apples to oranges comparison when evaluating media vehicles.
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18
A popular method of targeting involves sociographics which help explain the psychological differences amongst consumers of your brand.
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19
To calculate TAIs, you multiply percentage reach (R%) by frequency (F) - TAI = R% x F.
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20
The rationale for each tactic should focus on the effectiveness and efficiency of each vehicle.
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21
Media strategy is the specific strategy of using media whereas tactics are the specific media vehciles.
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22
Budget allocations are driven by each brand's marketing and communication objectives.
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23
Non-working dollars are those allocated to media that will imact the overall market.
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24
Contingeny dollars are those set aside for a variety of situations.
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25
Working dollars are those monies in the budget allocated to the creation of programs.
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26
The only way to determine a communications budget is to use the percent of sales method.
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27
If demonstration is needed to communicate your message then print media is the most effective and broadcast media is not recommended.
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28
Legal requirements must be considered when developing creative messages for prescription drugs and contests but not for financial companies.
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29
Your media and creative choices will vary depending on the level of familiarity your audience has with the product.
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30
Media planners typically trade off between the amount of media weight in a given purchase cycle versus the number of purchase cycles covered by the campaign.
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31
Recency theory relies on having the first advertising exposure with the consumer rather than the one closest to the point of sale.
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32
The media mix is the recommendation for when to deploy media efforts to meet the objectives.
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33
A good strategy statement would be ""To reach 80% of the taret audience at least three times a week.""
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34
A timeline for developing the plan with specific check points should always be included along with the mandatories.
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35
The Big Idea is the key takeaway for the brand and should be conveyed in more than one sentence.
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36
Due to the increasingly complicated world of media, the creative brief has morphed into a communications brief that informs all teams.
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37
The communication brief should clearly state the problem that media must solve for the campaign.
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38
Based on effective frequency models, most consumers have to see advertising messages at least five times before they become motivating.
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39
Ostrow's model relies on evaluating media, message, and market factors to determine optimum levels of frequency.
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40
Coupons are commonly used in outdoor advertising as they are easy to integrate into the creative execution.
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