Media planning consists of formulating a media strategy to
deliver the creative so as to best meet the brand's advertising
objectives, and then implementing that strategy in an accurate and
cost-effective manner. Given that approximately ninety percent of
advertising dollars are spent in media, a sound understanding of
media planning is essential for the researcher and professional
media planner alike. Although this book provides a novel and
advanced approach to media planning, the basics are covered as
well, making the book suitable for trainees.
The authors argue that current media planning is still too
conventional, that while reach and frequency are not incorrect,
they are certainly too simplistic for modern media planning. This
book introduces the advanced concept of using reach patterns in
making the reach decision, and develops the method of factoring in
effective frequency when making the frequency decision. Reach
patterns are an entirely new concept. Effective frequency, while
not new, needs proper definition and an operational formula for its
calculation, both of which are provided here. Other new concepts
are introduced and shown to be necessary for choosing an
appropriate media strategy. The media planning software, Media
Mania', designed by Peter Danaher, can be downloaded using the
following link: http: //www.mbs.edu/Media-Mania-Software/.
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