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Why Multi-Channel Matters

by Jessie Johnson

The media landscape today is often described as fragmented—the abundance of options we have as consumers to view, read, or listen to content.

For advertisers, it’s the abundance of media outlets available to deliver their message.

Consumers are no longer exposed to advertising messages only through daily newspapers or broadcast commercials—now they can go online anytime to find exactly the content they want, when they want it.

And the trend in advertising spend reflects this shift in audience attention. In 1998, 95% of advertising dollars were spent on print, radio, and television—traditional media. Research  predicts roughly 33% of the $605 billion global advertising spend will move from traditional to online media over the next three years (”Social Media/Networking.” America’s Growth Capital, Sept. 2008).

But for now, that advertising spend remains disproportionate to the time spent with each medium.           time-spent-vs-budget

This gap might suggest that some media types—in particular radio and online—are still perceived as more difficult and complex to plan, buy, and measure.

No One-Size Fits All

Further complicating the media buying process is the difficulty in determining which media are truly most effective in reaching a given target audience, and there’s no shortage of research and reports available to show the advantages of one medium over another.

But ultimately, the effectiveness with which a medium (broadcast, print, online) or media outlet (specific publication, radio station, website, etc.) can reach a target audience depends more on the campaign itself—advertising objectives, budget, and above all, target audience media consumption habits.

It all depends on the target audience—what channels and content are relevant to that demographic.

Different media types can be used to complement each other as well.

One study measured the impact of multi-channel advertising by looking at the combination of television and online media, demonstrating greater brand recognition and recall among people exposed to an ad in multiple mediums—30% of respondents remembered the ad after seeing it only on television, compared to 78% recall among those who saw the ad both online and on television (eBusiness Center, Dec. 2008).

Another study found that newspaper ads sent consumers online or to the store 56% of the time to research and purchase products seen in the print ads.

Ultimately, there will never be a one-size-fits-all medium that reaches 100% of the target audience 100% of the time.

An integrated, multi-channel advertising campaign has the greatest potential for reaching a specific audience with enough frequency to drive action. Results.


Is Perfect Reach Perfectly Impossible?

by Brian Gramer

The process of enhancing your company or your client’s company’s ability to get more customers—whether B2B, B2C, or B2B2C—is the same today as it was 100 years ago: a marketer needs to determine the best way to communicate to the greatest number of people who may be interested in the product or service.

Regardless of whether it’s traditional advertising or an interactive marketing campaign, the same three principles apply—Reach, Frequency, and Relevancy. Much like a three-legged stool, these principles must all be at work in an ad campaign for it to be effective.

A few months ago we put up a post to help define these concepts; this one touches on why those concepts matter now more than ever before.

In a fragmented media landscape and an era in which consumers are becoming more and more accustomed to getting g content and information that is tailored to them, and they have so many choices of media outlets for the content they read, listen to, view, or otherwise consume.

Reach is the number of different people in a target demographic (age, gender) that can be reached with an advertising message.

  • One-hundred-percent reach would mean the message reached all people in the demographic and geographic footprint in which you do business.
  • Perfect reach would mean reaching 100% of the target audience that you want to buy the product or service at the time you are advertising.

Neither “perfect reach” nor “100% reach” is achievable.

It could be argued that some giant brands like Coke achieve 100% reach because of their impressive brand equity and the sheer number of ads they run, but at the end of the day, perfect reach is unattainable. Why? Because Coke’s geographic footprint is worldwide, and there are still parts of the world that don’t watch television, listen to radio, read newspapers, or have the internet. That said, Coke’s reach is still impressive, likely 90% in the US alone.

Optimum Effective Reach

Frequency is the number of different times you reach a target audience (demographic) with your message. The proper amount of frequency needed in order to get someone to take action or remember your brand is an ongoing debate.

Regardless, herein lays the opportunity to enhance a combine by using the right mix of reach and frequency.

An old rule of thumb some brand advertisers use for optimum effective reach is trying to reach a target audience three times within a reasonable time period (such as monthly) or several times over a longer period of time.

Really, the appropriate reach varies depending on a number of different factors, such as

  • The price of the product or service being advertised
  • Whether the message is passive or intrusive
  • The stage of the buying cycle a consumer is in when they are reached for the first time (granted, different for a restaurant advertiser and an automotive advertiser)
  • The type of product being sold
  • Whether it’s a brand message or a call to action

But What Does it Mean to Me and Why Should I Care?

Relevancy is trying to develop the appropriate content and creative elements for an advertisement to get your message to the target audience as succinctly as possible. They need to know…

  • What you do
  • How it can solve a need or want they have now or in the future
  • How they can obtain the product or service when they need or want to

This is why reach and frequency alone are not enough for a successful advertising campaign.

The Three-Legged Stool

And the nirvana for marketers in terms of reach, frequency, and relevancy?

Getting the Right Message to the Right Person at the Right Time – reaching someone in the target audience with the right information at the time they want to purchase.

To get there, Reach, Frequency, and Relevancy must all be in play to ensure effectiveness of an advertising campaign.


Changing Media Changes Behavior

by Jessie Johnson

Here’s a look at how the changing media landscape changes our behavior as consumers. Check out the stats on the rise of newer media and the decline of traditional media.

The video promotes The Economist’s Media Convergence Forum coming up this October. Thanks, Junta42, for passing it along.

A Modern Approach to Media Buying

by Jessie Johnson
bucket_works_logo
Full-service advertising, marketing & association-management firm

Location: Corpus Christi, TX Geographic Focus: Local & Regional Clients: B2C Media Bought: Online & Offline Annual Media Spend: $200,000 Agency Size: 3 employees

Bucket Works has been in the advertising business for a long time.

The family-owned ad agency based in Corpus Christi buys media of all types for their clients, who are business-to-consumer advertisers.

Over the years the folks at Bucket Works have noticed a gradual shift in the media engagement of consumers in the market—and the impact these trends have had on media buying.

With about five major broadcast stations and four major local online properties, “the internet is slowly becoming more available to buyers,” says ad exec Lexi Buquet. “The emphasis on print is diminishing, but luckily they are supplementing with effective websites.”

The biggest challenge in planning and buying media can be summed up in one word—numbers. “Especially with online,” Lexi says. “It’s having the numbers to back that up, what the rates are based on.”

Clients want to see both strategy and tactics.

To help demonstrate the value of each media type, Lexi uses Avenue Right’s campaign builder and reporting tools to simplify her process and what she presents to her clients.

“It’s amazing how simple this can be now—modern and simple,” she says. “The campaign breakdown is so easy to read. This is what the next generation of media buyers is looking for.”

Learn more about Avenue Right’s campaign planning tools.

Monthly Newsletter for Local Advertising & Media Buying

by Jessie Johnson

How many advertising opportunities are there in a given local market? And which ones work? These days it could be anything from local radio or TV stations, print publications, and websites, to billboards, niche blogs, or bathroom ads.

Avenue Right’s monthly newsletter serves as a resource for navigating today’s local media landscape in order to achieve your advertising goals. It’s media agnostic, covering both traditional and online media.

Subscribe here. Each month you’ll get

* Tips and tricks for planning and buying different media types
* The latest Avenue Right white papers and webinars
* Case studies in small business and/or local advertising
* A look at what’s happening in the industry

Tips on Timing & Placement in Media Buying

by Jessie Johnson

Each different advertising medium presents a unique opportunity to make an impact on a target audience—driving results through increased sales or brand awareness.

Whatever the medium, the nuances of ad placement and timing within the campaign schedule can help increase the effectiveness of an advertising campaign. Placement in media buying generally refers to when and where the advertisements will run, and it greatly impacts the overall performance of a campaign.

Timing is everything.

At what time of day might consumers be most receptive to your advertising message, and in what medium? What day of the week?

What time of year is it, and how much competition there might be for your ad space—upcoming events, political campaigns, holidays? From there determine campaign run dates, and drill down further to determine specific placements within those run dates.

Below are a few basic tips and concepts for placing local radio, print, or online ads. By no means is it a comprehensive list, but it’s a start.

Radio Dayparts

Radio advertising is sold in dayparts, or segments of the day around which a station’s programming is customized to appeal to a target audience. Listenership changes depending on time of day or day of week (drive time, weekends, overnights).

Dayparts for radio are standardized across markets and include
•    M-F 6a – mid
•    M-F 6a – 7p
•    M-F 10a – 3p
•    M-F 3p – 7p
•    M-F 7p – midnight
•    Sa – Sun 6a-midnight
•    Sa 6a – 7p
•    Su 6a – 7p

Scheduling Tips

Request equal rotation within a daypart for the placement of radio ads.

If you buy the 6a-midnight daypart and the ads only run from 5:00 pm to midnight, they won’t reach that station’s entire potential audience—that audience was likely a key factor in selecting the station to participate in the advertising campaign, and negotiating equal rotation ensures potential reach is maximized.

Adjacencies are commercial break positions within the program. Look for adjacencies to programs that are particularly strong or have a special appeal to your target audience.

For example, if you’re buying radio for a coffee shop, negotiate adjacencies within the morning show programming hours.

Think about the front end or back end of the commercial breaks—if there are 4 minutes of commercials and they’re all 20 seconds, that’s 12 ads in a single break! Your message may have more staying power if it’s the first one delivered.

Print

As with any advertisement in any medium, the relevance of the ad in the context in which it reaches the audience can make or break the campaign.

Consider placement in relevant content sections with newspaper and other print publications. Some publishers offer frequency discounts, too—lower rates offered to frequent advertisers.

In addition, there’s often a large amount of ad space available on a local newspaper’s website. With more and more readers going online to view the news, this space is becoming a more lucrative opportunity for advertisers targeting local audiences.

Online

Online advertising provides several options for delivering relevant content, including search advertising and behavioral targeting. Local websites also offer opportunities to target a niche audience in a given local market, whether through the daily newspaper website or a niche community blog.

For this comparatively young medium, the advertising rules are still being established, but online is typically sold in
•    Impressions, or Cost per Impression, based on the number of times an ad appears, or the number of page views. A typical measurement is CPM, or cost per thousand impressions.
•    Clicks, or Cost per Click. CPC advertisers pay only when their ad is clicked. Popular pay-per-click (PPC) advertising programs include Google AdWords and Yahoo! Search Marketing.

As with traditional media, placement should be considered in your planning within the chosen websites. On newspaper websites, you can request placement your restaurant ad on the Food & Wine page, for example. Or if the site leverages content tagging, request to have your ad appear alongside content with the tag “restaurant.”

The degree to which online advertising can be targeted varies with the website and advertising program. Be sure to preview the site prior to negotiations to determine the best place for the ads based on content, geographic reach, keyword, or behavior.

If the website you’re advertising on can’t offer at least some level of targeting, the impressions on that site are going to be broader and may not be reaching the exact audience defined for the campaign.

As mentioned earlier, not a comprehensive list. We’d love to hear your comments and experiences with trying different ad placements and schedules. Thanks for reading.


How to Use Technology to Lower Media Buying Costs and Increase ROI

by Jessie Johnson

There has to be a better way to plan and buy advertising media without all those manual tasks, right?

Technology these days doesn’t have to replace human interaction, but rather enhance it.

For the media buying process, time spent can be focused on planning and campaign optimization–not the transactional communications and tasks that are more like managing an engineering project than a creative ad campaign.

The new Avenue Right white paper takes a look at better media buying through easy access to information and tools, adaptable to today’s B2C local advertising landscape. Give it a read and let us know what you think–download Stretch Your Advertising Budget: How to Use Technology to Lower Media Buying Costs and Increase ROI.

Are Value-Adds Valuable?

by Jessie Johnson

Value-adds are, by definition, value added to an advertising schedule.

But how valuable are they to the overall media buy?                               decision

Examples include remotes (radio), program and/or event sponsorship (“Brought to you by…”), free overnights, a booth at the local garden show, on-air credits (“mentions”), etc. In print, it could be a color ad for the B&W rate.

There’s definitely value in these add-ons. But, if they’re offered as part of a media outlet’s advertising proposal, the value-adds should deliver at least some real value to the performance of your campaign.

Here’s an example. A typical value-add for television and radio is the addition of a few extra ads overnight. Granted, there is some audience that listens to the radio from midnight to 6:00 am, but it’s likely a small audience and may not be the one you want to reach with your advertisements.

An important consideration with value-adds is that they should not be factored into your average rate with that media outlet.

Say the buy includes 10 ads at an average rate of $30, and there are 10 free ads thrown in. On the surface it seems to have brought the average rate per ad down to $15, but what are you really getting out of those 10 free ads? Placement matters. If the free ads are running midnight-6:00 am, is your target customer up and tuned in during those hours?

In television, appearance of a business along with the words “Sponsored by” have proven to be quite effective in advertising at the local level, while remotes for radio advertisers have been successful for local businesses such as retail, restaurants/bars/nightclubs, and automotive.

Another common value-add for print or broadcast buys is the placement of an ad on the station or publication’s website. One great benefit of this one is that it can increase exposure of your ad, reaching the busy mom that reads the newspaper online but not in print, or the college student that visits a radio station’s website for local band listings but otherwise listens to satellite radio and MP3s.

So yes, value-adds are definitely valuable, but just how much value they offer depends on how appropriate they are for your target audience and campaign goals.

Aristotle & Advertising: A 6-Step Content Strategy

by Jessie Johnson

People are busy these days. Advertisers need to catch the interest of a busy audience whose attention is already divided among media types, then hold that attention. Repeat.

And again.

The fact that we humans need to be exposed to a message multiple times before we remember it adds another layer of complexity to the campaign strategy. Then comes the challenge of holding that attention until the consumer takes the desired action—be it logging on to a website or calling for information

Essentially, there’s a limited amount of space and time in which to convey an advertising message.

These tips can help make the most of the message:

  • Hook the audience early with a relevant message or concept.
  • Portray a consistent image and relate to the brand in all advertisements within a campaign
  • Write clear and compelling content with a simple message that’s specific about what’s being advertised.
  • Tailor content to the target audience based on their demographic profile and location.
  • Make it easy for people to pass along your message—advertise special offers for referrals.
  • Be persuasive. To motivate the target audience, trigger an emotional response, or present a compelling argument. Consider using one or a combination of the rhetorical appeals first described by Aristotle—ethos, pathos, and logos:
  • Ethos refers to the appeal of the speaker’s character or authority. A good example of ethos in advertising is celebrity endorsements.
  • Pathos appeals to the audience’s emotions. It can be used to convey feelings of confidence and integrity in a brand, or to inspire a feeling or emotion that brings about the desired action. Think 80s Sally Struthers.
  • Logos is logical appeal. In advertising this persuasive strategy is usually marked by facts, figures, and data.

Understanding reach, frequency, & relevancy in media buying

by Jessie Johnson

With the advertising industry being redefined by technology and consumer choice in when and how to consume content, the buzzword “media fragmentation” presents an opportunity for marketers.  Media can and should work in concert–not so much fragmented as it is complementary.

The target demographics are changing their media consumption habits. The past few years have brought about an increase in internet usage, and the reach of radio remains constant despite the decline of other traditional media such as print newspapers and directories.        reach-v-frequency1

Meanwhile, more than enough research has been published to support the increase in brand recognition and recall among those exposed to an ad in multiple media. And that’s the opportunity for marketers–using one medium to drive traffic to another and increase the impact of a campaign through multi-channel advertising.

The reason this multi-channel approach works is best explained through the concepts of reach and frequency. To make work well, it’s important to understand the relevancy of a medium to the target audience, too.

  • Reach refers to the total number of people “in the audience” for your advertisement.
  • Frequency refers to the number of times an individual is exposed to your ad.
  • Relevancy is exactly what it implies—how relevant your ad is to an individual at the time and in the context that he or she is exposed to it.

Reach indicates the size of the unduplicated audience. When considering reach, it’s important to remember that an individual viewing or being exposed to an advertisement more than once does not increase its reach, but rather frequency.

Frequency is how many times an individual is exposed to your ad in any medium. Frequency can be attained through repetition of ads during the campaign run dates, and/or by rotating advertisements between media types.

Relevancy. If content is King, then relevancy is Queen. These days consumers have choices—what media to consume, when and how to buy their goods. Before the buy, they can go online and research a product or service, from reading up on corporate messaging to accessing customer reviews. People won’t spend time with an ad if it’s not relevant to them—demographically, contextually, behaviorally, temporally.

While a campaign calendar can illustrate the frequency of advertisements, and the statistics illustrate reach, relevancy is typically based on gut feel resulting from market research. Program ratings and editorial content of a publication can help determine the degree of relevancy an opportunity holds. Marketers can do their best to find relevant placements for their ads and produce ads with relevant content, but actual responses to the campaign are usually the best indicator of relevancy.

Understand the media
The key to leveraging media fragmentation as an opportunity for higher impact advertising campaigns is to understand the unique qualities of each media type. Use that insight to outline a media mix tailored to the local market and media consumption patterns of your target audience, then determine how much of the budget to allocate to each media type in order to reach the campaign goals.