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3/22/16
Budget
∙ What is a personal/household budget?
∙ In general, what does it include?
∙ What is an advertising budget? What does it include? Revenue(where does it come from)?
Advertising Budgets
∙ Follow the money…Budgets show priorities
∙ Should include specific items to be funded and amount of funding ∙ Should include a schedule of spending
∙ Should include a rationale/explanation for spending decisions. (Whose money is it again that you want to spend?)
Budgeting Methods
∙ BAD Methods We also discuss several other topics like mad 2104 fiu
o Arbitrary—basically no method at all
o AllYouCan Afford—Phelps says “if you’re spending too little, you’re spending too much” because there will rarely ever be a low budget ad, so you’re just throwing money away
o Competitive Spending
∙ Highly used methods (but still aren’t the best according to Dr. Phelps) o Percent of Sales—deciding how much to spend based on the percentage of sales
o Unit of Sales—same as percent of sales, the one distinction is that for every unit you sell, a certain amount of money gets set aside We also discuss several other topics like mech 368
∙ Good Methods (According to Dr. Phelps)
o Objective and Task Method
Set advertising objectives
Develop Strategy to accomplish objectives
Identify Tasks and Tactics *You estimate the costs in this stage* Estimate the costs
o Empirical Methods (For example, the Field Market Experiment) ∙ Field Market Experiment
o The basic idea behind an experiment is to see if changing or manipulating one variable will lead to a change in another variable
o Independent variable(s) this is the variable that you will manipulate. For example, you might increase or decrease how much you spend on advertising
o Dependent variable(s): This is the variable that you hope to impact by your manipulation of the independent variable.
o For example, if you increase ad spending (independent variable) will that lead to an increase in brand sales (dependent variable)
Increase ad spending in Huntsville by 50%
Increase ad spending in Birmingham by 100%
Decrease ad spending in Mobile by 50%
3/24/16
Campaign Planning Framework:
Environmental Consideration: Social, Cultural, Economic, Regulatory General Marketing Considerations: Marketing Mix If you want to learn more check out ucla chem
Strategic Research Inputs
Objective Setting: Target Market, Buyer Behavior
Determining the Advertising Budget
∙ Strategy, then tactics
∙ Message Strategy—determining WHAT you want to communicate. What is the big idea you will communicate
∙ Message tactics—carry out that strategy so tactics include the details of how you will communicate the idea. (How will you say it and show it in your ads to communicate the idea?)
∙ The development of message strategy is about determining:
o What is it about the brand?
o Whose mind?
o What response do we want?
o What competitive frame?
∙ Sources of Competitive Information:
o Kantar Media
o TNS Global
o Brainjuicer
o Anderson Analytics
∙ Differential Copy Advantage—A characteristic or set of characteristics, either real or perceived that will allow advertising to differentiate the product from the competition. If you want to learn more check out english grammar study guide
∙ Differential Copy Advantage
o Physical Difference—The actual composition of the product or service, such as ingredients, styles or features
o Functional Difference—Tangible benefits the consumer receives from the consumption use of the product
o Characterization Differences—The psychological consequences/benefits of using the product, such as how it makes the consumer feel.
∙ Example of a Creative Work Plan We also discuss several other topics like psy 240 exam 1
o Client: Joe’s Pharmaceuticals—Planning Period: Spring 2016 o Product/Service: Joe’s Cold and Flue Remedy—Date: 3/24/16 1. Key Fact (The one most important fact upon which the creative will be based.) Research indicates a strong consumer interest in overthe counter remedies that relieve cold and flu symptoms fast. Everything relates back to this.We also discuss several other topics like the most distinctive feature that neurons have is the ability to
2. Consumer Problem the Product Solves (the problem the consumer is having that the product or service can solve and advertising can
address). Joe’s Cold and Flu medicine relieves cold and flu symptoms fast and cold symptoms fast and consumers can buy it anywhere
without a prescription.
3. Communication Objectives (what the advertising needs to
do/communicate and the response desired from the consumer.
∙ Introduce Joe’s Cold and Flu Remedy
∙ Convince consumers that Joe’s reduces fever and relieves Flu
symptoms just as fast as prescription medications.
4. Creative Strategy Development
a. Target Group Definition
∙ Demographics: Adults age 1875, HH income $20K+
∙ Psychographics: Active lifestyle, desire immediate
gratification
b. Principle Competition
∙ Tylenol Cold & Flu
∙ Nyquil Cold & Flu
∙ Advil Cold & Flu
c. Consumer Benefit (What the product promises to do for the
consumer.)
∙ Joe’s will relieve your fever and other symptoms
faster than any other overthecounter medication
d. Reason Why (The facts that support/justify the above promises allowing advertising to make the product’s claim)
∙ Scientifically tested formula proven to reduce fever
fast
∙ Tests also show product relieves other cold and flu
symptoms
e. Tone of Advertising (the personality of the advertising
message)
∙ Calm, yet energetic, intelligent and straightforward
5. Requirements (Whatever the advertiser or the Law requires to be included in the ad.)
*Questions to answer for setting the appropriate tone:
∙ Rational
∙ Transformational
∙ Informational
∙ Emotional
∙ Competition
∙ Soft Sell
∙ Hard Sell
3/29/16
Transformational Advertising
∙ Advertising that connects the emotions felt while watching the ad with the brand so that the consumer experiences the same emotions when the product is used. An Ad must:
1. Gain attention
2. Create interest
3. Establish credibility
4. Create and/or Increase Desire
5. Call for action
Key elements in Print Advertising
∙ Visuals
∙ Headline
∙ Subhead
∙ Body Copy
Types of Headlines
∙ Benefit headlines
∙ Provocative headlines
∙ News/information headlines
∙ Question headline
∙ Command headline
Major Functions of Headlines
∙ Attract Attention
∙ Select the reader
∙ Lead the reader into Body copy
∙ Can present the Selling idea
Key elements in Print Advertising
∙ Visuals— Function of Visual
o Capture the readers attention
o Help communicate the big idea
o Pull the reader into the headline and text
o Help to make the ad believable
∙ Headline—Types of headlines
o Benefit Headline: telling consumers what they are promising you o Provocative headline: provoke thoughts
o News/Information headline: asks question to pull you in
o Command headline: grabs attention with a command
o Major Function of headlines:
attract attention
select the reader
lead the reader into body copy
can present the selling idea
∙ Subhead
o Secondary headline that typically serves at least one of the following purposes:
Communicate a key sales point
Reinforce the headline
Basic elements in the construction of Body copy
1. Leadin paragraph: serves as a bridge or transition
2. Interior Paragraphs: providing the info; building desire
3. Trial Close: call to Action the 1st time)
4. Close
Common Pitfalls in Writing Copy
1. Obfuscation (to make confusing), make sure to write appropriately for particular audience
2. Filibustering, make sure to communicate the point and then stop 3. Cliché/Triteness, make sure to give a cliché twist or be original
4. MEMEME, make sure to not talk about the person creating the ad Typography: the art of selecting and setting type
∙ When selecting type, you must consider:
o Readability
o Appropriateness
o Harmony/Appearance
o Emphasis
∙ 5 major font groups
o Roman, Sans Serif, Square Serif, Script, Ornamental
∙ Measuring Type
o Points: measure the height of the type
o Picas: measure the width of the type
o Leading: the space between the lines of type
Functions of the visuals
∙ Capture the reader’s attention
∙ Help to communicate the big idea
∙ Pull reader into the headline and text
∙ Help make the ad believable
________________________________________________________________________ ______________
3/31/16
Pulling it all together
∙ Developing a layout that works
Layouts serve 2 functions
∙ Mechanical function
∙ Symbolic function
Qualities of a Unified layout
∙ Balance Formal vs. Informal Balance
o Formal: Stable to the eye; symmetrical
o Informal: asymmetrical; still balanced
∙ Eye movement
o Balance
o Gaze Motion
o Pointing Devices
o Size
o Gutters of White Space
∙ Proportion
∙ Contrast
∙ White Space
∙ Clarity and Simplicity
Video Tactics
Ways that Visuals Can Communicate the message
∙ Narration
∙ Demonstration
∙ Symbolism
Effective TV Commercials
1. TV is a visual medium. Let the pictures tell the story
2. Look for that one framethe KEY VISUALthat sums up the intended message 3. Grab the viewer’s attention in the first few seconds. Attention to TV commercials does not build
4. Never make the viewer do a lot of mental work. The message must be uncomplicated and singleminded
5. Have a “moment of affirmation”show that the product has a payoff 6. Every word must work. Be specific and avoid talky scripts.
Production— Process
∙ Preproduction
o Selecting of a director
o Choosing a production company
o Bidding
o Cost estimation and timing
Set construction
Location
Agency and client approvals
Casting
∙ Preproduction meeting
∙ Production
∙ Location versus set shoots
∙ Night/weekend shoots
∙ Postproduction
∙ Editing
∙ Processing
∙ Audio/Video mixing
∙ Client approval
∙ Release/shipping
∙ Rough cut: the ad has been edited so that the scenes flow smoothly but the sound effects, narration, etc. is not included yet, all the visuals; no sound
∙ Answer Print: the final commercial that will be shown to the advertiser for her/his approval
Exam 3 Review
∙ Worth 100 points
∙ Material covered includes, budgeting, message strategy, message tactics, and a little tiny bit of production
∙ ***Creative Work Plan***
Practice Questions
1. Name the three BAD budgeting methods:
2. What are the 4 steps in the “Objective Method?” (Best method according to Dr. Phelps)
3. Describe the main components of the “Field Market Experiment:” 4. Describe the difference between an independent and a dependent variable, give an example:
5. Give a few examples of sources of competitive information:
6. What is “Transformational Advertising?”
7. What is “obfuscation?”
8. What is “filibustering?”
9. Describe the “MEMEME” Pitfall in copy
10. What are the five major font groups used in topography?
11. What happens in the “postproduction” portion of the production process? 12. What is a “rough cut?”
13. What is an “answer print?”
Answer Key
1.
o Arbitrary—basically no method at all
o AllYouCan Afford—Phelps says “if you’re spending too little, you’re spending too much” because there will rarely ever be a low budget ad, so you’re just throwing money away
o Competitive Spending
2.
Set advertising objectives
Develop Strategy to accomplish objectives
Identify Tasks and Tactics *You estimate the costs in this stage* Estimate the costs
3.
o The basic idea behind an experiment is to see if changing or manipulating one variable will lead to a change in another variable. Includes an
independent variable and a dependent variable. For example, if you increase ad spending (independent variable), will that lead to an increase in brand sales (dependent variable)?
4.
o Independent variable(s): this is the variable that you will manipulate. For example, you might increase or decrease how much you spend on
advertising
o Dependent variable(s): This is the variable that you hope to impact by your manipulation of the independent variable.
5.
o Kantar Media
o TNS Global
o Brainjuicer
o Anderson Analytics
6. Advertising that connects the emotions felt while watching the ad with the brand so that the consumer experiences the same emotions when the product is used.
7. Obfuscation—to make confusing
8. Filibustering—to over explain for too long
9. MEMEME, make sure to not talk about the person creating the ad 10. 5 Major fonts: Roman, Sans Serif, Square Serif, Script, Ornamental
11. Postproduction:
∙ Editing
∙ Processing
∙ Audio/Video mixing
∙ Client approval
∙ Release/shipping
12. Rough cut: the ad has been edited so that the scenes flow smoothly but the sound effects, narration, etc. is not included yet, all the visuals; no sound
13. Answer Print: the final commercial that will be shown to the advertiser for her/his approval