Media is a business investment that showcases the creative execution of your brand story to help connect your brand with consumers at the most impactful where consumers are willing to engage in your brand story. Balance your media choices by looking at efficiency, quality, impact and fit with the brand. The efficiency of the media math starts with reach and frequency. Reach is the number or percent of different household or persons the ad will be exposed to at least once, over a specific period of time, while frequency is the number of times that household or person is exposed to the ad within a specific period of time. Be careful relying on efficiency alone, balancing the efficiency with the quality of the media choices. Set aside a portion of your media budget and used on driving impact to drive early attention to a new campaign.
Six questions to ask before you start your brand’s Media Plan
- What is the size of your budget? Budget is always the starting point to your media planning. The size of your media budget will really depend on your brand’s current profit situation, the projected potential return on investment (ROI) behind your creative execution, the future opportunities to invest behind and the degree of competitiveness you need to defend against. Assess the media ROI by linking your business results directly to the brand funnel results. You can use test markets with various media spend levels to gain the data you need to prove the media investment story. One major factor with media investment is the balance of the fixed overhead costs of producing creative assets versus the variable media costs of reaching consumers. The same thinking would go into the fixed overhead people costs related to content development or social media management. Focus on fewer media choices will ensure the cost of creative resources do not inhibit your ability to reach consumers. Trying to be everywhere drains your resources and just means you will have a low impact everywhere.
- What is brand’s core strength? The decision on whether your brand will be story-led, product-led, experience-led or price-led really impacts your brand message and in turn the media choices that will amplify that message. Product-led brands must show why you are better, with a superiority message and media choices that enable you to demonstrate what makes your brand superior. Story-led brands must tell the back-story on what makes your brand different, whether that is an idea, purpose, core belief or a stance, and the media must be able to amplify your story to those consumers will connect with the story. For experience-led brands, you must be able to prove how your people create an experience that is better. This is usually a slower build, in managing influencers, review sites, social media and word-of-mouth to really amplify your brand message that connects to an amazing experience. The price-led brands need to leverage media that can help drive call-to-action brand messaging that fuels the foot traffic needed to push fast-moving items that offset the lower margins.
- Where will your consumers engage? Who is your target consumer? Are you looking at a broad mass target or a tight specific target around type of consumer or specific product usage? What are the possible adjacent or related products and services that you can leverage? What part of the consumer’s life will they will watch, listen, learn, engage, decide and act? Your media choices should align with potential related life moment, whether those are parts of the day, week, year or even life moments. Consumers use media for certain reasons, whether to be smarter, stay aware, escape, express themselves, connect with others, go places, buy things or do things. Your brand should align with the brain moods of how your consumer use media, so you match up to where and when they will be most receptive to your brand message.
- How tightly connected is your brand with your consumer? Where your brand sits on the brand love curve should influence your strategic choices, because the more love you can create should drive more power and profit for your brand. I also believe the brand love curve can influence your execution, as unknown brands need media choices to help the brand be seen by the right consumers, indifferent brands need a media choice that will help consumers think about the brand, liked brands should drive happy purchases, brands at the love it stage should use media that helps the consumer feel differently about the brand and brands at the beloved stage should mobilize their brand lovers to influence others within their network.
- Where on brand funnel will you exert impact? A brand funnel should match up to how consumers evolve with your brand, moving through awareness, consideration, search, buy, satisfy, repeat, loyal or fans. Knowing what stage of the funnel you wish to impact should drive both the creative message and the media choice. For an unknown/indifferent brand, the focus will be on the early parts of the funnel to drive awareness and move them to consider and buy. At the like it stage, the message and media choices should be driving purchase and repeat purchase. At the love it stage, it becomes about turning repeat purchases into routines and rituals so the consumers become loyal. At the beloved stage, it becomes about turning your fans into influencers that drive awareness for other consumers. The brand funnel is not really a funnel anymore, but a big circle as brand fans do as much to drive awareness among new users as the brand does.
- What is the best media option that delivers the creative execution? You really should make media decisions together with your creative. I have found that not all creative ideas work against all media choices, just because the media numbers say they will. This is the reason you should ask to see each creative idea in a TV ad format, long copy print format and billboard. It allows you to see where the creative idea has the biggest potential, and then begin matching those up to the right media choice. Before decide on media, ask to see what the creative ad would look like. Make the decision together.
How to inspire great marketing execution
We lead workshops to train marketing teams on all types of marketing topics. Here’s the workshop we run on Marketing Execution. Click on the Powerpoint file below to view:
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