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Advertising Overview: Ken Homa
Advertising Overview: Ken Homa
Advertising Overview: Ken Homa
Ken Homa
Ad Drivers
Intensity level of spending
Efficiency targeting, media selection
Precision right message
Effectiveness communications
How Much Advertising?
Affordability
Industry benchmarks
Experimentation
Test markets
Objective & task
Build awareness
Stimulate trial
(Support distribution)
Market Communications
Advertising - Share of Voice
Response Curves
Input (e.g. Ad $)
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Subject to:
Multiple stimuli
Delayed response
Alternative patterns
Response Curves
Practical Ceiling
Critical Mass
Threshold
Diminishing
Returns
Input (e.g. Ad $)
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Real World ...
Advertising (6Ms)
Mission
Market
Message
Media
Money
Measurement
Ad Metrics
Reach how many people?
Frequency how many times?
GRP (Gross Rating Point) reach x frequency
Cost per 1000 (CPM) media-specific
Ad Strategies
Burst
Pulsing
Flighting
Sustaining
Dont underspend
Critical thresholds, continuity
Rule of 3X
Tailor message to audience
Consumer perceptions !
Match media to objectives
Caution : ego-driven business
Look for market inefficiencies
New media & value buys
Advertising KSF