Best Business Management Consultant - PowerPoint PPT Presentation

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Best Business Management Consultant

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Business Management Consultants help organizations to use the right medium and measure the performance of the marketing activity. – PowerPoint PPT presentation

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Title: Best Business Management Consultant


1
Business Management Consultant
  • Media planning and buying is an important
    marketing function. Companies need to use the
    right medium while targeting their audience.
    Business Management Consultants help
    organizations to use the right medium and measure
    the performance of the marketing activity.

Media audit essentially answers these fundamental
questions
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  • Where to advertise? Market research helps in
    identifying which market their competitors are
    using. Either using primary or secondary data,
    the target market segmentation is done. Which
    part of the country would it be more successful
    and the medium that part uses.
  • Who to advertise for? The company's potential
    buyer needs to be identified, the person earning
    the most in the family might buy the product, but
    it could be used by some other individual in the
    same household. Research again helps in targeting
    these products accurately.
  • How much to advertise? The media budget is based
    on this, the more frequently the advertisement is
    shown or viewed or aired the costlier it is the
    purchase the medium for the given time and space.
    Specifying the time is a must when the ad
    campaign is on a television or a radio.

3
What is media planning?
  • Media planning is a highly specialized service
    the planner needs to have a thorough
    understanding of consumer behavior, purchasing
    habits of various brands and the medium of
    communication which is popular with their
    consumers. Based on these factors the consultant
    chooses the right medium or media, depending on
    how much the client is willing to spend.
  • The consultant needs to understand that mediums
    of communication are now merging, previously each
    medium print, radio and television were being
    targeted separately. Now with the online medium
    the three traditional mediums have converted into
    one. Marketing is now a two way communication,
    consumers and brand interact using social media.

4
The major steps involved in media planning are
  • Clients Marketing Brief
  • Advertising Agency brief
  • Media Planning brief

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  • Clients Marketing Brief This brief is provided
    by the client, it contains details about the
    product, its functions and the competitive
    advantage and the portfolio of products and
    services they offer. High and low selling
    products are highlighted, this help in the SWOT
    analysis. The media that they are currently
    using, the market segments that they are
    targeting and how much they are currently
    spending on media. The client specifies their
    marketing objectives in this brief.
  • Advertising Agency brief This brief explains the
    creative execution of the campaign this is
    usually done by a boutique or an agency that
    handles creative advertising designs.
  • Media Planning brief The advertising agency
    comes up with the advertising brief the media
    planner or business management consultant helps
    to arrive at a media plan. The media brief
    contains media objectives this helps in deciding
    which media to choose, how many times and at
    when. The brief includes definition of target
    segment and information about their competitors.
    Understanding how much their competitors are
    spending, the medium they are using and how many
    times in a day or month are they disseminating
    the advertisement. Media planning is an important
    management function and business management
    consultants help in creating the media planning
    brief.

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Contact Us
  • We are ready to help you grow your business.
    You will find many ways to get in touch.

Address - 1882 W El Norte Pkwy Suite D Escondido,
CA Postal Code 92026 Email - INFO_at_FINISHLINELOAN
S.CC
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