IMPACT Annv Spl: Arnab Banerjee on 7 pillars of media planning

Arnab Banerjee, Executive Director, Ceat Ltd focuses on the vital components of media planning, ignoring which can jeopardise the targeted objective.

e4m by Arnab Banerjee
Published: Dec 9, 2011 7:40 AM  | 3 min read
IMPACT Annv Spl: Arnab Banerjee on 7 pillars of media planning

Planning is essential for any venture to be successful. Media planning ensures optimal allocation of money and time to achieve the targeted objective. The ultimate objective is attraction and retention of customers who want and need what you have. These are loyal customers that proper media planning can attract, but only if it’s planned well. There are seven vital components of media planning, ignoring which can jeopardise the whole objective.

Target audience: It is the core group of people to whom you want to convey the message. By defining the TG, media planning efforts can be fine-tuned and targeted for the right kind of engagement. The classification of TG helps the media planner understand media consumption habits and accordingly choose the media mix.

Target market: It is critical to think about who will consume the content. The relative importance of each market based on market size, current sales, market potential, distribution and competitive activity need to be analysed. The idea is to get the best possible matching of media and the market.

Media environment: The media planner needs to prepare an extensive media mix in order to accomplish maximum reach and frequency. The selection should be based on it’s market strength, brand communication and product - market requirements. It’s crucial to reach more people in more ways than any single medium can encompass.

Media weight: It is the volume of audience delivered by a media campaign in terms of number of commercials and advertisements, amount of insertions, time parameters, and budget. Media weight can be either objective-led (GRP/ Reach objective) or budget-led.

Reach is to ascertain the number of people exposed to the media plan. Gross Rating Points is a shorthand measure of the total amount of exposure they want to buy from media outlets such as TV networks. Frequency is the ratio of GRP over reach. Reach indicates media dispersion while frequency shows media repetition. Media objectives often call for some combination of reach and frequency.

Scheduling: Scheduling is largely important for a brand that has a purchase cycle. For effective scheduling, spread of the campaign over time is paramount. Having decided the media mix and allocation across geography, consider when to advertise. Media planners can choose among three methods of scheduling: continuity, flight, and pulse. Continuity scheduling spreads media spending evenly across months. The flight scheduling approach alternates advertising across months, with heavy advertising in certain months and no advertising at all in other months. Pulse scheduling is a mix of the first two scheduling methods, so that the brand maintains a low level of advertising across all months but spends more in selected months.

Competitive analysis: Competitive analysis offers a legitimate source of competitive advantage. By knowing the competitor’s media buy, media selection, frequency, reach, continuity, schedules, a media plan can be so arranged as to extract maximum advantage from the media campaign.

Measures of media plan effectiveness: As media planners need to show returns on their investment, measures of the effectiveness of a media plan becomes an integral part of it. The effectiveness of media planning can be measured with indicators like execution of media placements, media vehicle exposure, comprehension, conviction and action. The effectiveness of a media plan can be judged using methods such as surveys, feedback, tracking, and observation.

(Arnab Banerjee, Executive Director, Ceat Ltd.)

 

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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