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84 Cards in this Set

  • Front
  • Back
What are the main sources of revenue for newspapers?
advertising and supscription costs
T/F Newspapers are read less rapidly than other print media
False
___% of all American adults read at least one newspaper a day. 57.5% of them are between the ages of:
80; 35-64
What percent of newspaper reading households have in income of $15,000 or more? $25,000 or more?
49%; 16.7%
people use newspapers like a ____
catalog
What leads to lower readership in a newspaper?
more advertisements in the paper
in general, newspapers are great outlets if what 2 things?
1) your product is relevant to most people
2) you want to take advantage of current events
What are 5 Advantages of Newspapers?
1. immediacy
2. local emphasis
3. mass reach
4. catalogue value/permanency (coupons)
5. a variety of output selections
What are 5 Disadvantages of newspapers?
1. lack of TA selectivity
2. high cost
3. small pass-along audience/shorter life
4. variation in run of paper color quality
5. clutter factor
the high cost of newspprs makes it relatively hard to buil what?
frequency
What is an example of permanency of nwspprs?
ads and coupons can be torn out for future reference of redemption
What are 3 characteristics of magazines?
1) high degree of expertise in special interest segments
2) image oriented and intensive exposure
3) adv in general interest publications ensures high reach and contact frequency
What are 4 Advantages of consumer magazine advertising?
1) long life
2) high quality of production and color
3) flexible scheduling
4) selective readership
What are 2 examples of "selective readership" in magazines?
controlled circulation and pass along audience
What are 3 Advantages of business publication advertising?
1) appeal to busniess interests; no frills = avid readership
2) often read during busness hours-means reader's mind is on business
3) flexibility in timing and format
What are 2 Disadvantages of consumer magazine advertising?
1) ads easily ignored
2) early closting dates/lack of immediacy
What is 1 Disadvantage of business publication advertising?
1) lost of other competitive advertising
Name 5 Characteristics of TV.
1) mass medium for entertainment and info with an audio-visual experience
2) address a particular target group by choosing broadcast time, the channel, and the main axis of the broadcast
3)multi sense appeal in a familiar home atmosphere
4) highest consumption between 7-10:30 pm
5)risk of distraction and zapping
What are 4 Advantages of TV?
1) sight and sound for dynamic selling/product demonstration
2) flexibility (nat'l and local coverage)
3) reach of both selective and mass markets
4) cost efficiency (gross impressions)
In TV:
High ratings = ?
High mass reach/audience = ?
high cost; high cost
What are 2 Disadvantages of TV?
1) low attention
2) high cost
What are 3 Advantages of Cable TV?
1) percisely defined TA
2) national coverage (83% penetration rate)
3) relatively low cost
What is narrowcasting?
a percisely defined TA
Why is local cable less expensive that local tv?
lower rating
What are 2 Disadvantages of Cable TV?
1) fragmented audiences
2) less than full national coverage
Name 5 Characteristics of Radio.
1) popular info and entertainment medium
2) often used as background noise
3) usage depends on broadcasting areas
4) 10-30 sec commercial spots
5) sponsorship available for entire radio programming spectrum
What are 6 Advantages of Radio?
1) high frequency
2) reach of special kinds of TAs
3) largest medium
4) target mobile populations
5) all sesason exposure
6) flexibility
When is radios highest exposure season?
summer
How is radio flexibile?
it allows you to put a spot on the air quickly and change it quickly
What are 3 Disadvantages of Radio?
1) many stations in one market - no permanency
2) no catalogue value
3) small market reach (local)
Name 5 Characteristics of the Internet.
1) interactivity and hyperactivity - 2 way comm.
2) always available
3) up to date info
4) growing acceptance as shopping medium
5) targets 14-49 yrs olds; upper income and education
What are 3 Advantages to internet?
1) cost effective
2) a large amount of info
3) low-cost market research tool
Internet is what fraction less costly than traditional media?
1/4
What are 2 Disadvantages of the internet?
1) supports from other media necessary
2) consumer skepticism
What is flaming?
consumers may react with hostile attitudes toward advertisements on the internet
Name 4 Characteristics of Direct Marketing.
1) May or may not be personalized
2) high info capacity and broad range of formats
3) provides a chance of direct contact
4) unaddressed vs addressed
What are outbound advertising and inbound advertising characteristics of? define both.
direct marketing (direct mail)
outbound: the marketer contacts the costumer
inbound: consumer seeks out the marketer (ex: calling toll free # on package)
What are 6 Advantages of direct marketing (direct mail)?
1) personal quality
2) easy verification of responses
3) creaetive flexibility
4) long life for certain mailing
5) potential savings
6) available to pinpoint the audience
What are 3 Disadvantages of direct marketing (direct mail)?
1) high cost on a cost-per-prospect basis
2) inaccurate and incomplete lists
3) clutter and consumer resistance
What are 4 Advantages of direct marketing (telemarketing)?
1) selectivity
2) easy verification of responses
3) personal quality
4) geographic flexibility
What are 4 Disadvantages of direct marketing (telemarketing)?
1) inaccurate and incomplete lists
2) time constraints (avoid calls after 10pm)
3) smaller message space
4) legislation do not call laws
Name 3 Characteristics of outdoor advertising.
1) direct, everyday advertising medium with broad affect
2) reaches all sectors of the population
3) highs exposure on urban streets and around railway stations
What are 4 Advantages of outdoor advertising?
1) high frequency
2) wide coverage of local markets
3) largest print ad available
4) simply copy theme and package identification
What is the purpose of outdoor advertising?
to reinfoce other forms of advertising in consumers minds
What are 5 Disadvantages of outdoor advertising?
1) simple messages
2) schedule inflexibility
3) high cost
4) obscured and damaged by weather/ other issues
5) lack of consumer attention
4 dimensions of communication goals
reach, frequency, continuity, impact
define reach:
which potential customers do you want to reach?
define frequency:
how often do you want to reach your consumer
define continuity:
how many days, weeks, months and patterns of advertising do you need
define impact:
how large do you want print advertising to be, or how long do you want your contents to run
What is recency planning? What broader category is it under? What are 2 things you should do within this planning?
advertise when ppl are buying; scheduling-continuity
1) seasonality/consult with track records of sales by month
2) have your advertising impressions as close to the point of sale as possible
T/F buying small amounts of media to save money does not make a presence
True
What is flighting in media planning strategy?
advertise more when the brand can be prominent compared to competitor's brands
What is heavy-up scheduling?
more money when consumers are buying your products
What is heavy introductory effort do for scheduling? geographic market weighting? combining media vehicles? SOV?
1) a lot of money spent (70%) on introductory period (1-3 mnths) for a new product
2) spending more money in markets that are buying more of the product/service
3) ??
4) ??
Important criterion for determining media vehicles:
1) basic principle
2) most important
1) to select vehicles that reach a large number of targets at a cost efficient price
2) finding vehicles that reach a large number of targets with high enough composition to avooid waste and at a lost cost per thousand
Media Imperatives/Dual Audiences
1) Television Imperatives
2) Magazine Imperatives
1) percent of the target and selectivity index for people who are heavy viewers and light magazine readers
2) percent of the target and selectivity index for people who are heavy magazine readers and light TV viewers
Ad positioning in magazines
-the best spot is the 4th cover (also the back cover)
-right hand pages are better than left hand
Ad positioning in newspapers
-ads near the front are better than the back
-inside newspaper sections are better than last page of the section
Ad positioning in TV
-primetime and late night fringe are the greatest
-early morning is the poorest
-daytime 50-80% higher than nighttime recall
Quantitative Delivery Factors of media: what are they? what do they describe? examples.
demographics, reach, and purchase patterns; they describe audience characterisitcs that affect the likelihood that the viewer is a potential buyer; ex: reach, freq, CPM, BDI, CDI
Qualitative Impact Factors of media: What do they describe? examples.
describes audience behaviors which affect the likelihood that a commercial message is being seen and absorbed; ex: attention to commercial/program, involvement, program liking, and lack of distraction
Which measurements should be made first Qualitative or Quantitative?
quantative first
Define added value. When recieved as part of a buy, what should the added value always reflect?
additional media delivery, merchandising, or promotion provided to an advertiser by a purchased medium; the objective of the buy and the creative effort
Define makegood. How is one used in print?
in broadcast, a commercial position given in lieu of the announcement missed due to the fault of the station or network; the free repeat of an ad to compensate for the publications error in the original insertion
Define perishability of the inventory.
there is a fixed amount of TV time available for sale (inventory) and a commerical minute that is unsold can never be recovered
In perishability of the inventory, what 2 factors make it more likely that the pricing will be higher?
1) the stronger the demand
2) the earlier the sale in the relationsihp to the program air date
What is an upfront buy?
long-term purchase of inventory for all four quarters of the coming broadcast year.
What is an opportunistic buy?
the purchase of inventory on a last-minute basis if the networks have any remaining inventory to sell
What is a scatter buy?
short-term purchase of inventory within a specific quarter made before the start of the quarter
Define fringe time.
time periods preceding and following peak set usage periods and adjacent network programming blocks
Define syndication.
the development or packaging of programming that is sold directly to the advertisers and cleared on a market by market basis
Define run of press (ROP). Are national advertisers involved in this? When is space closing for ROP?
a newspaper ad for which a definite position is not specified but which ususally appears in the general news section; not negotiable medium for nat'l advertisers; only a few days before the actual issue
What is Spot TV?
purchse of time on a non-network, non-syndication basis
Define a test.
a simple piece of research in which one measures a variable (or treatment) introduced into the market to see what effect it has.
Define an experiement.
a carefully dsigned study in which the researcher controls and manipulates conditions to see how and experimental variable affects audience behavior.
What are 4 aspects of an experiment?
1) similar markets selected for treatments
2) random assignment of treatments
3) samples measure through normal survey techniques to determine the treatments' effects
4) objectives
What is a control?
The effect of removing something
What is a treatment? Morimoto class example.
refers to either removing or adding a stimulus in order to measure an effect; during an exam Morimoto reduces the noise level a little or a lot.
What is the Factorial Design based on?
a factor as an independent variable (cause), it is possible to measure the effects of different kinds of treatments
What type of research studies are done in the factoral design?
studies involving the simultaneous analysis of two or more independent variables (causes)
What is the advantage to the factorial design of research?
allows you to look at all interactions
What are 2 aspects of Little USA? When is it best used?
1) assign each test market to receive the average national ratin point levels
2) assumes that the local market will behave similarly to the total US
Best used: when the advertiser is testing a new brand and has no benchmark category sales data available on a local market level
What happens during "As It Falls" markets? When is it best used?
The local market receives the exact media weight it would get from the national plan; if a brand has a good amount of historical sales data because it is closer to what will actually happen once the plan is implemented nationally.