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NS birmingham

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Need to identify points of least resistance: How much does the advertiser need the medium? ... Develop new product lines. Introduce new channels to market ... – PowerPoint PPT presentation

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Title: NS birmingham


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Added valueadvertising
  • How can we give our advertisers a better return
    on their advertising investment?


3
Added 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.

4
Added 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
5
Added value advertisingGiving advertisers a
better return on their investment?
  • Increase advertising effectiveness
  • Audience pricing
  • Improve service levels

6
Added value advertisingIncrease advertising
effectiveness
Half my advertising works
Who is he kidding?
Lord Leverhume
7
Added value advertisingMeasuring advertising
effectiveness
Source eVolt.Co/Newspaper Society
8
Added value advertisingIncrease advertising
effectiveness
  • Too many advertising
  • campaigns fail to deliver
  • not because of the newspaper medium,
  • but because of the advertisements

9
Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
10
Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
What we do currently
What the media buyer is seeking
What the advertiser wants
11
Added value advertisingMeasuring advertising
effectivenessFive levels of measurement
12
Added value advertisingIncrease advertising
effectiveness
  • Advertising
  • effectiveness
  • The effectiveness
  • of the medium
  • X
  • The effectiveness
  • of the advertisement

13
Added value advertisingMeasuring advertising
effectiveness
Source eVolt.Co/Newspaper Society
14
Added 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.

15
Added 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

16
Added 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?

17
Added value advertising Audience pricing
  • Topical advertising

18
Added value advertising Improve service levels
  • Do we service
  • our advertisers
  • according to
  • their needs.
  • . or ours?

19
Added value advertisingProduct and service
extension
Markets current
new
Products / services new
current
  • Features and supplements programme
  • Leaflets and inserts
  • Segmented products

20
Added value advertisingFeatures and supplement
programmes
21
Added value advertisingLeaflets and inserts
  • Are we exploiting the latest inserting
    technologies
  • Address specific capability
  • Fine-zoning
  • New insert concepts
  • Leaflet pages

22
Added value advertisingLeaflets and
insertsValue and growth (measured markets)
US
Source World Press Trends
23
Added 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.

24
Added 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

25
Added 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

26
Added value advertisingThe importance of context
  • Future media usage
  • will be driven by context
  • as much as by content.

27
Added 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

28
Added 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

29
Added 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.

30
Added value advertising Tracking patterns of
consumptionComparisons of media usage (UK)
Sources Forrester, UK National Readership Survey
31
Added value advertising Tracking patterns of
consumptionComparisons of media usage (UK)
Sources Forrester, UK National Readership Survey
32
Added value advertising Tracking patterns of
consumptionDemography of each medium (Japan)
Source Asahi Shimbun
33
Added 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
34
Added 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

36
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