What are media costs when budgeting for advertising - PowerPoint PPT Presentation

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What are media costs when budgeting for advertising

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Title: What are media costs when budgeting for advertising


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What are media costs when budgeting for
advertising?
  • Advertising is a part of sales and marketing
    effort. Money spent on advertisement can also be
    seen as an investment with long term gains. Costs
    for advertising vary considerably for different
    types of media advertising. Of course, price is
    very important, but you also need to weigh up
    what you are getting for those advertising costs.
    The major source of media advertising costs that
    may first jump to mind is the ad buy, or the
    amount it costs to run an advertisement in a
    given type of media for a set period of time.
    Another important source of media advertising
    costs is the development and creation of the
    advertisement itself. For print ads, such as
    newspaper ads, flyers, and billboards, costs may
    include hiring a designer or photographer to
    create the layout, design logos, or take pictures
    to use in the ad. For television, film, and
    online advertisements, a huge area of media
    advertising costs may include the production of a
    commercial. Internet media advertising costs are
    a very different kettle of fish than traditional
    advertising methods. Many businesses rely on
    pay-per-click advertisements, which direct a user
    to the company website from another location.

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