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21 Cards in this Set

  • Front
  • Back
Broadcast Media
Transmit sounds or images electronically (e.g. Tv, Radio)
Television Industry
- > 50 stations, 5 National (ABC, Seven, Nine, Ten, SBS)
- Compete with subscription/pay TV and Internet Protocol TV
- Commercials run for a few second up to a few minutes (most run for 30 seconds)
- Advertising embedded into programs
Why is TV Expensive
- Pre-Production: Location, Studio Rental, Sets, Production Crew and Talent, Advertising etc.
Save Costs on TV
- Reduce Actors
- Less Scenes
- Stock Photo or Video
Advantages of Television
- Mass Coverage
- Some Selectivity
- Impact
- Creativity
- Prestige
Disadvantages of Television
- High Production Cost
- High Airtime Cost
- Limited Selectivity (targeting)
Advantages of Cable
- Selectivity
- Demographics
- Low Costs
- Flexibility
- Testability
Disadvantages of Cable
- Limited Reach
- Fragmentation
- Quality
- Zipping and Zapping
Television Advertising
- Spots: 15/30/60 seconds of commercial time during a program
- Infomercials: Generally 30/60 minutes long and late-night
- Program Sponsorship: Advertiser assumes part or all of cost of program with ads
- Product Placement
- Interactive Worlds of Entertainment: Creation of brand-funded entertainment on the Internet
Advantages of Brand-Funded Entertainment
- Relatively new in the marketplace
- Allows the target to be caught off-guard whilst resistance is low
Disadvantages of Brand-Funded Entertainment
- Placement may not be noticed
- May not be a suitable match for a product
- Increased risk due to possibility of investing in a commercial 'dud'
Measurement and Digital Video Recorders (DVR)
Ratings now include both live and time-shifted viewing (TSV)
How PVR Is Changing
- Sponsorship
- Product placements
- Interactive advertising during programs
- Embedded ads in video on demand
- Ads within the PVR main menu
- Endorsement deals
- Infomercials
- Pop-up ads within a program
- Features in TV shopping channels
- Commercial free, fee based content
Buying TV Time
- Gross Rating Points
- Cost Per Point
- Cost per Thousand
Gross Rating Points
GRP = Reach (avg rating) x Frequency
Cost per Point
CPP = Cost / Rating
Cost per Thousand
CPM = Cost / Thousands of People
The Radio Industry
- Commercial Radio
- Community Radio
- Public Radio
Radio Advertising
- Engages more imagination
- Lend themselves to repetition (e.g. music jingles)
- Passive Medium (Plays in background)
- Listeners often captive audience (in cars)
Advantages of Radio
- Reach & Frequency
- Selectivity
- Cost Efficiency
- Testability
- Timeliness and Efficiency
Disadvantages of Radio
- Limitations of Sound
- Segmented Audiences
- Short-Lived, Half Heard
- Clutter