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The Advertising Plan An Advertising Plan Matches the Right Audience to the Right Message and Presents It in the Right Medium to Reach That Audience Targeting the Audience: Whom are you trying to reach? Message Strategy: What do you say to them? Media Strategy: When & where will you reach them? Advertising Plan Outline I. II. III. IV. V. VI. VII. Introduction Situation Analysis The Research/Evaluation Plan The Creative Plan The Media Plan The Communication Plan The Budget Ad Plan: Introduction • • • • Abstract of key elements One or two pages Provide plan’s highlight Summary/overview Ad Plan: Situation Analysis • Client Analysis – Advertising Problems – Advertising Opportunities • Audience Analysis – Target Audience – Demographics – Psychographics Ad Plan: Research/Evaluation Ad Plan: Creative plan • Creative plans combine the basic advertising decisions – problems, objectives, and target markets – with the critical elements of the sales message strategy – main idea and details about how the idea will be executed. Ad Plan: Media Plan A Media Plan is a Written Document that Summarizes the Recommended Objectives, Strategies, and Tactics Pertinent to the Placement of a Company’s Advertising Messages. Background and Situation Analysis Discusses Media Options, Opportunities and Target Audience. Media Objectives & Aperture Opportunities Goal or Task that Media Can Accomplish Based on Aperture Opportunities. Strategy: Selection of Media Explains Why a Single Medium or Set of Media is Appropriate. Flow Chart Scheduling & Budgeting Media Buyers Convert Objectives and Select, Negotiate, & Contract for Media Space. Ad Plan: Communication plan • • • • Sales promotion Public relations Direct marketing Personal selling Ad Plan: Budget Historical Method •Common budgeting method. •May be based on last year’s with a percentage increase. •Nothing to do with advertising objectives. Task-Objective Method: Bottom-Up •Most common method. •Looks at objectives set for each activity, and determines the cost of accomplishing each objective. Percentage-of-Sales Method •Compares total sales with the total advertising (or marketing communication) budget during a previous time period to compute a percentage.