Title: NS birmingham
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2Added valueadvertising
- How can we give our advertisers a better return
on their advertising investment?
3Added value advertising
- Newspapers are under pressure to deliver results
for advertisers more than ever before. - They need to demonstrate that their medium works
harder and faster than other media. - And they need to augment their advertising
packages with complementary services such as
events, sales promotion, leaflets, direct
marketing, to bring the advertiser ever greater
value and results.
4Added value advertisingGiving advertisers a
better return on their investment?
- Increase advertising effectiveness
- Audience pricing
- Improve service levels
- Database services
- Targeted distribution
- Internet distribution
- Out-of-market distribution
- Features and supplements programme
- Leaflets and inserts
- Segmented products
- Direct mail
- PR
- POS and design services
- Customer surveys
- Mobile and email services
Acknowledging Igor Ansoff
5Added value advertisingGiving advertisers a
better return on their investment?
- Increase advertising effectiveness
- Audience pricing
- Improve service levels
6Added value advertisingIncrease advertising
effectiveness
Half my advertising works
Who is he kidding?
Lord Leverhume
7Added value advertisingMeasuring advertising
effectiveness
Source eVolt.Co/Newspaper Society
8Added value advertisingIncrease advertising
effectiveness
- Too many advertising
- campaigns fail to deliver
- not because of the newspaper medium,
- but because of the advertisements
9Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
10Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
What we do currently
What the media buyer is seeking
What the advertiser wants
11Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
12Added value advertisingIncrease advertising
effectiveness
- Advertising
- effectiveness
-
- The effectiveness
- of the medium
- X
- The effectiveness
- of the advertisement
13Added value advertisingMeasuring advertising
effectiveness
Source eVolt.Co/Newspaper Society
14Added value advertisingMeasuring advertising
effectiveness
- Reading and noting study across all content and
advertising - Measure readership of all advertisements
- Against size
- Category
- Position in the newspaper
- Provide index of readership for each advertiser/
advertisement by category.
15Added value advertisingMeasuring advertising
effectiveness
- Advertisers receive monthly report showing
- Exposure in terms of
- Readership traffic
- Reach and frequency
- Advertisement readership
- Comparisons with competitors
- Share of audience
- Exposed
- Read
- Monthly excuse to brief the advertiser
16Added value advertising Audience pricing
- QRP provides currency for charging
- Traffic measurement provides justification for
price premiums - Scale of audience
- Relevance of audience
- Need to identify points of least resistance
- How much does the advertiser need the medium?
- What pricing measures will increase their loyalty
and frequency. - How much of their perceived value driven by the
effectiveness of the advertisement rather than
the effectiveness of the medium?
17Added value advertising Audience pricing
18Added value advertising Improve service levels
- Do we service
- our advertisers
- according to
- their needs.
- . or ours?
19Added value advertisingProduct and service
extension
Markets current
new
Products / services new
current
- Features and supplements programme
- Leaflets and inserts
- Segmented products
20Added value advertisingFeatures and supplement
programmes
21Added value advertisingLeaflets and inserts
- Are we exploiting the latest inserting
technologies - Address specific capability
- Fine-zoning
- New insert concepts
- Leaflet pages
22Added value advertisingLeaflets and
insertsValue and growth (measured markets)
US
Source World Press Trends
23Added value advertisingSegmented products
- Identify sub-groups of the subscription base to
target with niche products - Tailor gifts to reward subscribers by repurposing
current content - Recipe books
- Travel guides
- Leisure and sports products
- Fund new products through premium rated
advertising.
24Added value advertisingSeeking new markets
Markets current
new
- Increase advertising effectiveness
- Audience pricing
- Improve service levels
- Database services
- Targeted distribution
- Internet distribution
- Out-of-market distribution
Products / services new
current
- Features and supplements programme
- Leaflets and inserts
- Direct mail
- PR
- POS and design services
- Customer surveys
- Mobile and email services
25Added value advertisingDatabase services and
targeted distributionThe value of non-readers
- Help recruitment advertisers hire the best people
by targeting your non-subscribers - Identify non-reading prospects from your
subscription database - Send them the copy with the advertisement
- Extend the reach for the advertiser
- Fund valued sampling to non-subscribers
- Top-up advertisers coverage by distributing to
non-readers in key geographic locations - Set up shared database projects with major
advertisers - Identify new prospects
- Develop new product lines
- Introduce new channels to market
26Added value advertisingThe importance of context
- Future media usage
- will be driven by context
- as much as by content.
27Added value advertisingDiversified development
Markets current
new
- Increase advertising effectiveness
- Audience pricing
- Improve service levels
- Database services
- Targeted distribution
- Internet distribution
- Out-of-market distribution
Products / services new
current
- Features and supplements programme
- Leaflets and inserts
- Direct mail
- PR
- POS and design services
- Customer surveys
- Mobile and email services
28Added value advertisingDesign services
- Utilise in-house resources to create an agency
service for smaller local advertisers - Direct mail
- Point of sale
- Stationery
- Production of advertising for other media
- Introduce a points system where advertisers are
rewarded with additional services, based on
increased advertising expenditure
29Added value advertisingCustomer surveys
- Undertake surveys of advertisers customers
- Point of sale
- Telephone
- Mail
- Demonstrate the power of the newspaper as an
advertising medium - Help the advertiser identify weaknesses in their
offer and marketing - Share the strategy for developing their business
- Charge for the survey service.
30Added value advertising Tracking patterns of
consumptionComparisons of media usage (UK)
Sources Forrester, UK National Readership Survey
31Added value advertising Tracking patterns of
consumptionComparisons of media usage (UK)
Sources Forrester, UK National Readership Survey
32Added value advertising Tracking patterns of
consumptionDemography of each medium (Japan)
Source Asahi Shimbun
33Added value advertising Access to media (Finland)
Movies
Months
Books
Magazines
Weeks
Letter
Time to market
Newsletters
Days
Time to Market
Newspapers
Hours
Minutes
Television
Radio
Telephone
Seconds
1
1
10
100
1000
10000
100000
1000000
Audience
Audience
Source Alma Media Neuman The Future of the Mass
Audience
34Added value advertising Preparing for mobile
- Our biggest opportunity
- lies in the emergence of mobile
- Community
- meets content,
- meets access,
- meets immediacy.
35- Click here to order a copy of the SFN report on
added value advertising and the ten step
advertiser development process.
- Click here to contact the Director of the SFN
Project, - Jim Chisholm
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