chapter 13 using print media william f. arens michael f. weigold christian arens...

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Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

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Page 1: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Chapter 13Using Print Media

William F. Arens Michael F. Weigold Christian ArensMcGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.

Page 2: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Commercial

The Truth CommercialGoForth Commercial

Page 3: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Chapter Overview

How print advertising enhances the advertiser’s media mix

Page 4: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Chapter Objectives

Explain the pros and cons of magazine advertising

Discuss how to analyze magazine circulation

Define major types of newspaper advertising

Discuss how rates are determined for print media

Describe how newspapers are categorized

Explain the pros and cons of newspaper advertising

Page 5: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 1. What are the roles of the Print Media Buyer?

Page 6: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Role of the Print Media Buyer

Requires a range of knowledge and abilities

Creativelyintegratesprint mediainto the mix

Understandsprint mediaand technology

Knows howto buy mediaspace

Negotiatesand contractswith media

Page 7: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspapers in the Creative Mix

Top 10 U.S. magazine advertisers in 2007

Page 8: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Page 9: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 2. What are the pros and cons of magazine advertising?

Page 10: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Pros

FlexibilityColorAuthority and BelievabilityPermanencePrestigeAudience selectivityCost efficiencySelling powerReader loyaltyExtensive pass-along readershipMerchandizing assistance

Page 11: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Cons

Lack of immediacyShallow geographic coverageInability to deliver mass audiences at a low

priceInability to deliver high frequencyLong lead timeHeavy advertising competitionHigh cost per thousandDeclining circulations

Page 12: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 3. What are the ways of using magazines in the creative mix?

Page 13: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Magazine Possibilities

Bleedpages

Covers

Junior unit

Gatefolds

Custommagazines

Magazine-length advertisements

Front (first)Inside front (second)Inside back (third)Outside back (fourth)

Inserts

Island halves

Page 14: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Magazine Layout Possibilities

Page 15: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Magazine Categories

Consumer Farm Business

By Content

Local Regional National

By Reach or Geography

Large

By Size

Flat StandardSmall or pocket

Page 16: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 4. What are the components of the magazine space buying

process?

Page 17: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Buying Magazine Space

Guaranteedvs. Delivered

MerchandisingServices

Paid andControlledCirculation Subscription

and Vendor Sales

Vertical andHorizontal

Primary& SecondaryReadership

Understanding Circulation

Page 18: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Buying Magazine Space

Advertising Age is a good example of a vertical publication

Page 19: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Buying Magazine Space

Discounts for frequency or volume

Premiums for color, bleeds, covers, or special market editions

Cost per thousand:

Factors Affecting Ad Rate

Print Media-Buying Software saves time; adds flexibility and control

Page rate= CPM

(Circulation ÷ 1,000)

Page 20: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspapers in the Creative Mix

44% of adults read daily papersEach section read by 2/3 of readers46 million newspapers sold daily; 2.3 readers per paper$21 billion spent on ads in 201113.6% spent on newspaper Web sites

Who uses newspapers?Ad spending trend for newspapers

Page 21: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspapers in the Creative Mix

Top 10 U.S. newspaper advertisers in 2006

Page 22: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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15-22Using Newspapers in the Creative Mix

Top 10 newspaper advertisers in the United States in 2005http://adage.com/datacenter/article?article_id=131226

Insert ex. 15-5, p. 495

Top 10 newspaper advertisers in the U.S.

Position = 2.9” horiz., 1.5” vertical

Size = 5.7” WIDE

Resolution: 300 dpi

Page 23: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspapers in the Creative Mix

Page 24: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 5. What are the pros and cons of Newspaper advertising?

Page 25: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Pros

Mass mediumLocal mediumComprehensive in scopeGeographic selectivityTimelinessCreditabilitySelective attentionCreative flexibilityAn active mediumA permanent recordReasonable cost

Page 26: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Cons

Lack of selectivityShort life spanLow production quality clutterLack of controlOverlapping circulation

Page 27: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 6. How are newspapers used in the creative mix?

Page 28: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspaper Categories

Daily Weekly

By Frequency

Standard Tabloid SAU System

By Size

Ethnic/Foreign Language

Business/ Financial

Groups/ Professions

By Audience

Page 29: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Newspaper Categories

Other Types of Newspapers

Syndicated supplements

Independent shopping guideNational newspapers

Sunday newspapers

Page 30: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 7. What are the types of newspaper advertising?

Page 31: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Types of Ads

DisplayClassified

Public Notices

Preprinted Inserts

Regular display ads

Co-op programs

Classified Displays

Legalities

Gov’t reports

Private/orgnotices

Catalogs

Brochures

Coupons

Mail-Back Devices

Reading notices

Regular classifieds

Financial reports

Page 32: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Types of Ads

Virgin Mobile’s

2011 Valentine’s Day display

ad

Page 33: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

Q. 8. What are the components of the newspaper space buying

process?

Page 34: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Buying Newspaper Space

Split Runs

ROPvs. Preferred

Position

ColorCombination

Rates

Short Rate

Flat andDiscount

Rates

Local vs.National

Rates

Understanding Readership

and Circulation

Page 35: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Buying Newspaper Space

Co-ops and Networks

Insertion Orders

Who pays and whenOne ad, many dealers

Verifies ad ran

One order one bill

Tearsheets

Page 36: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Print: A Worldwide Medium

Page 37: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Print: A Worldwide Medium

Every country has newspapers and magazines

Wealthy, well-educated consumers read English

Political changes spurred new trade magazinesSatellite-to-cable broadcast options supplement print

Page 38: Chapter 13 Using Print Media William F. Arens Michael F. Weigold Christian Arens McGraw-Hill/IrwinCopyright © 2013 by The McGraw-Hill Companies, Inc. All

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Print Media & New Technologies

Print Media

Web site adds value

by following

up with in-depth news