Archive for the ‘The Future of TV Advertising’ Category

Media Planning

Thursday, May 17th, 2012

Every major advertising campaign you’ve ever experienced as a consumer or executed as a marketer has required media planning.  Obviously, an advertiser’s budget isn’t limitless, and with the multitude of media options that are available, there needs to be a great deal of analysis prior to the deployment of that budget.  Media planning is the course that is set for that budget.  It includes the establishment of marketing goals, the selection of media appropriate for attaining those goals, and the allocation of dollars across those media.  Effective media planning is the invisible stitching that pulls together a successful ad campaign.

When setting marketing goals, the most elemental questions need to be answered first.  Our product and audience should already be known at this phase, so the questions become:

  1. What kind of favorable response to advertising can we realistically expect from our audience for this product?  Awareness or action?
  2. What kind of message is best suited to attaining this response?  Branding or call-to-action?
  3. What forms of media are best suited to reach this audience and attain the desired response?
  4. What is our budget, for both our initial roll-out and our monthly advertising expenditure?

Once we’ve answered these questions, we can to select the media and then produce creative that falls in line with those answers.  For example, it wouldn’t make sense for your local Army/Navy store to air radio ads on your town’s easy listening station whose primary demographic is women ages 35 to 59.  It is equally unrealistic to expect a product such as a soft drink to illicit a response of hordes of people simultaneously invading your local grocery store the instant they see the television commercial.  The market has already been set, and competing products are out, established, and available, so it would not make sense to advertise this product with an immediate call-to-action.  Awareness, recognition, and branding are attainable long-term goals for this product if the message is carefully crafted to suit the audience.

Continuing with our example of a fictitious soft drink, television advertising historically has been the choice for branding sodas.  But will just any television station, network, or programming suffice?  Not in most cases, and especially not if your target demographic is more narrow than mainstream.  If you are unveiling a new soft drink that combines crisp orange flavor with a vitamin-infused caffeinated energy supercharge, you’re probably looking at a male demographic, ages 18 to 34.  Your local nightly news is not the best choice to reach this audience.  The Daily Show on Comedy Central, on the other hand, might be.

As a counterpoint to that example, if you are marketing a product that, let’s say, attaches to the cap of your soft drink bottle so that the beverage never loses its carbonation, that might be a product you could advertise on television with a call-to-action.  It likely even has a completely different demographic than our energy-charged orange soft drink example.

In most cases, an ad campaign will call for multiple forms of media.  Once those have been determined and your creative produced, fleshing out the dollars spent across those media can occur.  Is this a product with a television, radio, print, or outdoor emphasis?  Should it require an even mix of all?  Are we judging effectiveness by phone calls, cost-per-lead, or gross rating points?  It is with the help of an experienced and talented ad agency that you can maximize those dollars.  An agency with relationships with media contacts often has the leverage to negotiate bottom dollar ad rates.

 Strategic Marketing is such an advertising agency.  With over 20 years of success managing brands, producing creative, developing media plans, and tracking results, you can be assured your brand will be in good hands with the staff of Strategic Marketing.  Call them at (561) 688-8155 to see how they can help you successfully bring your next product to market.

Push Versus Pull Marketing

Thursday, March 22nd, 2012

Today you often hear the phrase “Push/Pull Marketing” used to describe how traditional media differs from newer, digital forms of media, but it is a phrase that’s been used by and amongst marketers and marketing executives for decades.  Push Marketing and Pull Marketing may be two sides of the same coin, but the opposite connotations that are usually applied to them often spur contentious debate amongst marketing professionals.

So what is “push” marketing?  Between the two, it is probably the easier approach to identify and describe.  It is most commonly described by marketing pros as the marketing firm using mass media to “push” the message of its product or brand out into the marketplace.  It employs the use of the obvious and traditional forms of mass media—television, radio, print, and outdoor—as well as online advertising such as display ads.  Simply stated, the purpose of this approach is to bring awareness of the product to the consumer.  Once embroiled in the push vs. pull debate, detractors of push marketing often label it a “shotgun” approach, or even a “poorly-aimed bazooka”.  The marketer has a target audience, but the question becomes whether or not it can effectively reach that audience when using mass media to push out an unsolicited message.  And if the answer is yes, can it be done cost-efficiently?

These questions have become daunting in the age of digital media.  Online marketing professionals en masse have declared that the rise of social media signifies the death of traditional push marketing.  But consider the curious case of the Dos Equis brand of beer.  Up until 2006, Dos Equis was thought of as just another Mexican brew—an also-ran next to Corona.  Then the brand introduced its new campaign—first on a regional level and then in ’09 on a national level—based around a character called “The Most Interesting Man in the World.”  Raise your hand if you haven’t seen the spots on television, heard them on the radio, or seen the ads in print.  The old-school methodology of push marketing pushed the brand out there into the consumer’s consciousness to the tune of doubled revenues from 2006 to 2011.

If “The Most Interesting Man in the World” campaign is a good example of successful modern push marketing, what defines “pull marketing”?  A good description comes from Debra Murphy of Masterful Marketing: pull marketing consists of “marketing activities that encourage your prospect to seek you out and find out whether you have something of value to offer them.  Pull marketing uses the law of attraction, incorporating all the components of your personal brand to attract and retain these people as your biggest fans.”  Shennandoah Diaz of Brass Knuckles Media describes pull as a “well-baited hook”.   That is a fair way of depicting pull marketing, but how is it executed?  The hook doesn’t bait itself, so to speak.  This is the nebulous world of pull marketing, where definitions of the approach are as varied as the opinions.

Pull essentially entails that the consumer is actively searching for a good or service and finds the marketer during the course of this search and brings its product into consideration.  But the consumer doesn’t find the marketer by mere divine intervention; the product, message, and brand has to be put into the marketplace in a way that can easily be found by the target audience.  Those of us over the age of 25 have each at some point used the oldest form of pull marketing—the Yellow Pages.  In the age before the search engine, if someone needed a good or service but didn’t know where to go or who to see to get it, he or she consulted the Yellow Pages.  Whether it was a simple listing or a display ad a full page in size, the Yellow Pages had an answer.  But the marketer’s ad didn’t magically appear in the book, it had to be bought, created, and placed in there under the appropriate heading.  It is the same with today’s modern equivalent—Google.  A marketer’s website, blog, or third-party site has to be designed, placed, and optimized to compete for space on the front page of a search for relevant keywords.  Like in the Yellow Pages, the consumer is on Google looking for something specific—a solution to a problem, and when the marketing company’s site or page appears, it has an opportunity to be taken into consideration immediately.  But think about how much greater of a chance the marketer has of successfully receiving that consumer if it used push marketing to favorably brand the solution in the consumer’s mind prior to him or her seeing the listings on Google.

Pull marketing today can be thought of as the consumer pulling the marketer into consideration.  Consequently, it should utilize social media, blogging, podcasting, and any other means of getting in direct contact with the consumer; however it can’t be done without considerable effort, and assistance from the social public at large.  Online reputation has a huge role to play in how successful a marketer will be in this kind of referral business, and having a push marketing campaign to set the tone and lay the foundation for the brand and its image can be invaluable.

Push and pull marketing are two sides of the same coin, not two coins of a different currency.  And with their knowledge of successful offline and online marketing techniques and strategies, Strategic Marketing can help you turn that one coin into many, many more.  Contact them today at (561) 688-8155.

The Future of TV Advertising

Monday, September 27th, 2010

The debate over the future of television as an effective advertising medium rages on. Gone are the days when captive audiences were satisfied to sit through Leave it to Beaver and watch every commercial break, even planning their day-to-day lives around TV schedules. Marketers are fearful that the influx of DVR users will zap their commercial time away. With hundreds of channels to choose from, programming is becoming more and more fragmented as is the attention span of viewers. Younger, technology savvy TV viewers are increasingly multi-tasking with handheld interactive media devices and engaging in online social networks. Others worry that online TV will take market share away from conventional TV. While TV advertising has long been considered one of the most effective mass-market advertising formats, providing advertisers the opportunity to build mass reach quickly, advertisers are scrambling to adapt to today’s changing environment.

Here is the good news for TV advertisers:

  • U.S. TV advertising expenditure is currently close to $70 billion annually.
  • TV viewing is at an all-time high. According to Nielsen, the average American watches four hours and 49 minutes each day, 20% more than a decade ago.
  • People who own digital recording devices (35% of US homes) tend to watch 17% more television than those without. A British study found that those with DVRs still watched 83% of TV in real time. (So according to this statistic, potential commercial viewing actually increased.)
  • More people are watching video on their phones (70%) and online (46%) but not at the expense of TV – in addition to it.
  • Despite cable networks growth into 70% of homes, broadcast TV continues to dominate. The average weekly cume for the top cable networks reaches only half of that of the top four broadcast affiliates because people continue to seek local relevant content.

The changing trends actually provide new opportunities for savvy advertisers including interactive TV, branded entertainment and online / mobile video. Stay tuned for more on each of these in the coming weeks.