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Dear Reader,
Many people have asked me why would someone who is known for media
purchasing be involved in the entire marketing process? It is time to
address this point especially since we have really jumped off the media
track and into other areas of distribution-plus marketing.
The Media World Doesn't Exist Anymore
The idea that a media buyer is someone who negotiates for price on a
station and gets you the best deal is a myth. Of course as you are exposed
to numerous media company pitches this theme is played over and over again.
"He who has the greatest number of media purchases/contracts will provide
you with the best deals on media!" This is the media mantra and the
simplistic assumption many people believe-in.
This mantra is a logical conclusion and certainly makes sense, however it
has nothing much to do with reality. Naturally, if you pay the lowest price
your chances of direct response success have been raised, and if the price
is right (no matter how low the orders) you can make money on every airing!
Unfortunately those days only existed in 1984 and 1985, because the price of
media has been rising ever since.
When did the media world change and change to the point it does not exist
(as we think of it) any longer?
Last Week's
Newsletter:Millions of Home Shoppers Are Waiting For You!
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More Channels-Less Focus And the End of Media as we Know it |
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The fragmentation of media or "more is better" has dramatically changed
the direct response world, so much so it doesn't exist in the notions
and concepts we once and still hold dear.
One prime example is our current discussion about home shopping. It
is possible to air on the home shopping channels-sell your products
successfully and simultaneously use DR commercials in the general media
world. The two worlds (home shopping and the DR buyer) don't seem to
collide or impact the sales of either one. This separate but equal
condition is a good thing, the two options offer more opportunity to
sell product and make profits at the same time.
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Media-The Science of Numbers |
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When we look at general media or 500 channels on cable or satellite the
picture changes. There are fewer viewers (in general) available on each
channel or program due to the abundance of channels people are watching
at any one time. Direct Response is a science of numbers where price of
the media, number of people viewing an airtime will play a primary role
in determining the success of selling on TV, right? Well LESS this is
so.
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Media-The Art of Placement |
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The science of numbers has changed to the art of placement. And the art
of placement takes your media buyer from the world of negotiation to
marketing. There is probably no one more intimate with your marketing
effectiveness than your media buyer. The buyer lives and breathes your
results each day. The results of your marketing create the cash to do
business, expand, contract, innovate, pay salaries and your next
insurance program. It is the lifeblood of your business.
The TV channel choices are many, the audiences varied, the timeslots
available vast, and the pricing falls within a wide range. In today'
media environment your buyer must make marketing choices as well as
negotiation. First and foremost are marketing choices, and secondly
negotiation around price. The process is more complex than simply good
station, channel, and excellent pricing choices. You also must trigger
which avenues of distribution to use at what times during the selling of
your products.
The thrust of this newsletter and the seventy nine (79) issues to
date is a description of this process. What to do when and with
whom-plus why? Every step that you take in the DR marketing process
whether you use TVmercials, RADIOmercials, WEBmercials, and/or spots
have purpose, direction, and an interdependence that needs to be managed
properly. Otherwise you can shoot yourself in the foot while being
successful.
Imagine Trying To Understand 100 Million U.S. Households. Impossible?
Acorn Does It! »
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