effectiveness of audio video print advertising[1]
TRANSCRIPT
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
1/23
Research Methodology Effectiveness of AVP Advertising
Effectiveness of Audio Video PrintAdvertising(Studying the response for Audio visual print ad among Magazine readers)
Report Submitted By:
Team Titans
Ami Shah Roll no 99 Aditi Hegdekar Roll no 42
Balaji Iyer Roll no 45
Croyden Pereira Roll no 81
Garima Lodha Roll no 58
Jyoti Ahuja Roll no 04
Lynn D`souza Roll no 28
Naqqash Contractor Roll no 21
Saurabh Khurana Roll no 54
Sian Ferreira Roll no 31
Suraj Karvi Roll no 51
Date: 06th May 2009
- 1 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
2/23
Research Methodology Effectiveness of AVP Advertising
Introduction
Audio Visual Print advertising is an innovation within Print
Advertising, which is a combination of audio powered with highly
appealing visual. This concept is similar to a musical greeting card
where the jingle can be embedded and will play on the page where
the ad of the brand appears. Currently this concept of advertising
is being made commercial available by one of the publisher; but asof now has not been able to fetch a good response by the
advertisers- National or Local. Hence did a research to measure the
effectiveness of Audio Video Print Advertising among the magazine
reading audience
We conducted a survey with a random sample of 60 individuals
across an age group ranging from 17 to 65 yrs of age. We introduced
the audience to this new advertising concept and let them have the
first hand experience of the same with the help of the dummy ad of
diamond jewelry. Post which we conducted the questionnaire
research to test their immediate reaction. This report cover a
details on the audience response & preferences and other details in
the subsequent pages
- 2 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
3/23
Research Methodology Effectiveness of AVP Advertising
Executive Summary
A new concept has been introduced in print advertising called theAudio Visual Print Advertising. The audio feature is enabled withthe help of a prerecorded chip. The chip is embedded in the page insuch a way that when the reader comes to the page, the audio willstart playing and will stop only when the page is turned. It willcreate correlation between the television, radio and print mediaand up the recall of the brand. The concept can be replicated innewspapers, trade magazines and inhouse journals, too. A differentkind of thick paper is used for the concept, in order to hide the chip
and maintain the pull of the page. The music/audio can be replayedabout 500 times.
A survey was conducted to find out the effectiveness of thismedium in the category of Print Media and the brand of magazine itwould be used in. The survey was carried out amongst 60respondents between the age of 17yrs - 65yrs to check theiracceptability and response to such an innovation. 10 questions werestrategically formulated to derive the desired result.
An actual magazine was made using this concept and was presentedto the respondents. Along with the personal interview method itwas an ideal platform to get first hand information from therespondents with regards to likes and dislikes for such a concept.The respondents were given enough time to answer the questionsand examine the magazine to get genuine responses. We realizedthat this was an apt way of understanding the shortcomings of thisconcept.
The data was then gathered and correctly coded in order tointerpret the data. Various techniques were used to arrive at adefinite conclusion. Various correlations were found between thevariables such as sex, age, occupation etc with this topic to give awider perspective to our research objective. These correlationshelped us on giving various recommendations to improve thismedium of advertising.
- 3 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
4/23
Research Methodology Effectiveness of AVP Advertising
The survey did help us conclude that this medium of advertising willbe popular amongst the readers but with some modifications to thebasic idea. Some limitations of the concept also came across from
the reaction of the respondents.
The survey results also serve as a memo for potential advertiserswho would be open to using innovation in their communication. Intodays remote control equipped world, advertisers are always onthe lookout for such innovations to help grab attention.
The assessment thus helped to test the waters for audio visual printadvertisements which could be the next big thing and an interestinginnovation to standard print advertising.
- 4 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
5/23
Research Methodology Effectiveness of AVP Advertising
Problem Statement
Is Audio Visual Print advertising the next big thing in Printadvertising to grab quick eyeballs?
- 5 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
6/23
Research Methodology Effectiveness of AVP Advertising
Research Objectives
The objective of an AVP ad is to grab attention, make the reader
stop and take notice. Hence the research objective here is to
understand audience response, preferences, attitude and likeability
towards such a concept thus translating into a viable advertising
opportunity for the advertiser.
- 6 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
7/23
Research Methodology Effectiveness of AVP Advertising
MethodologyThe Methodology adopted to achieve the research objective was of
the Survey Technique for collecting the required information. We
conducted a survey with a random sample of 60 individuals across
an age group ranging from 17 to 65 yrs of age.
Since magazines are read by all age groups depending on the genre
of magazines, there was no definite age group for the sample. The
age group was between 17-65 years. The target audience included a
mix of students, housewives, professionals and entrepreneurs who
read any genre of magazines this sample selection was done through
Non-Probability technique.
A questionnaire containing 10 questions was created to get the
desired responses from the sample audience. These 10 question
were framed in such a manner that; the responses to the question
will facilitate in finding the audience reaction, attitude & likeability
towards such a concept of advertising. We created a sample of the
audio visual ad in a magazine which was shown to each of the
respondents to give them a clearer picture of the research concept.
The responses were collected via direct personal interview with the
respondents.
- 7 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
8/23
Research Methodology Effectiveness of AVP Advertising
Data Collection
A Pre Testing, using a small sub-sample of 10 respondents was done
to gauge the responses and likeability towards the concept of Audio
Visual Print Advertising.
Based on the Pre-testing the actual study was done with 60
respondents and data was collected in order to test whether the
results were in line with the Pre-testing. Data was collected among
the individuals across age group but the one who shared the
common interest of reading magazine of different genre. Also care
was taken that the responses were collected only when the
respondents had ample of time at their disposal in order to get
unbiased and uninfluenced responses.
Some of the key composition of our sample audience is as follows
1) The Sample was slightly inclined toward female audience with
a 52% composition.
2) 48% of our research audience belongs to the 25-35 age group,
while 25% of the audience belong to the 15-24 age group.
3) 73% of our research audience belongs to the working class,
while 20% of the audiences were self employed.
- 8 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
9/23
Research Methodology Effectiveness of AVP Advertising
Data analysis
The raw data collected was then tabulated into more user-friendly
format and the responses were coded so as so ease the process of
analyzing the data.
1. Questions & the responses were coded
2. Since the age of the respondents interviewed varied due to
non-probability sampling, age of the respondent was then
grouped within specific age brackets, which clearly bifurcated
the different generation
a. 15yrs -24 yrs
b. 25yrs 34yrs
c. 35yrs 44yrs
d. 44yrs +
3. Immediate direct analysis of the data helped in finding out
the popularity quotient of the musical ad among the
respondent
4. Also the Analysis included in finding out the attitude of the
respondent towards such a advertising concept
- 9 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
10/23
Research Methodology Effectiveness of AVP Advertising
5. Further the analysis was done to understand the relationship
between the responses and other demographic & economic
parameters of each individual
a. Eg: To test whether there was any relationship between
the positive response towards the ad and the age of the
individuals
- 10 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
11/23
Research Methodology Effectiveness of AVP Advertising
Results Of The Questionnaire
- 11 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
12/23
Research Methodology Effectiveness of AVP Advertising
- 12 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
13/23
Research Methodology Effectiveness of AVP Advertising
- 13 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
14/23
Research Methodology Effectiveness of AVP Advertising
- 14 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
15/23
Research Methodology Effectiveness of AVP Advertising
- 15 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
16/23
Research Methodology Effectiveness of AVP Advertising
Q3. Do you prefer more than one ad in one magazine
Responses
# of
Responses
Yes 14No 32May Be 14Grand Total 60
From the above Table the Mode is the highest value 32, which is against the responseNO
- 16 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
17/23
Research Methodology Effectiveness of AVP Advertising
Q.9 Will you pay the premium for such an innovation?
Before conducting the survey it was estimated that 30% of the audience will agree to pay
premium,
The Z test is conducted to verify the same
P0 = 30% or 0.3
P = No. Of People agreeing to pay the premiumSample Size
P = 10 = 0.16760
Q0 = 1 P0
= 1 0.3
= 0.70
P=0.3
P=0.3 ; H1 : P < 0.3
Now for Z Test,
Z = P -P0(P0*Q0) / n)
Z = 0.167 - 0.60(0.30*0.70/ 60)
- 17 -
ResponsesGender Yes No
MayBe Total
Female 6 13 12 31Male 4 20 5 29Grand Total 10 33 17 60
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
18/23
Research Methodology Effectiveness of AVP Advertising
= -2.25
Since Z Value is negative rejecting H0 and concluding that less than 30% of the targetaudiences are willing to pay the premium for such a innovation
Finding Association- Through Creamers V
Q.9. Will you pay premium for such an innovation
Observed Table
The Above is the Observed Table of the individuals responses based on their sex.Hence the expected table will be (R x C)/N.... R=rows Total; C= Column total
Expected TableResponsesGender Yes No
MayBe
GrandTotal
Female 5 17 9 31Male 5 16 8 29Grand Total 10 33 17 60
Now,X
2 (Chi) = (o-e)2/e.......O= observed Value & e= Expected Value
Therefore X2= 4.71
Cramers V= X2
N (K 1)
- 18 -
ResponsesGender Yes No
MayBe Total
Female 6 13 12 31Male 4 20 5 29Grand Total 10 33 17 60
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
19/23
Research Methodology Effectiveness of AVP Advertising
Cramers V= 4.71
60(2 1)
Cramers V= 0.279
Since the values of Observed Table and Expected table are not equal, Sex of Individual &their responses are not independent of each other. Also since the value of V is less than0.3; there is a weak association between the two variables.
Observations & Findings
Some of the key finding of the research done post data collection
and analysis are as follows
1. 77% of the audience who thought the jingle caught their
attention, are the ones who rated the innovation very
good/good
2. 56% of the audience who prefer a single ad per issue dislike
3. More than 50% of working class , 25 yrs + agreed to
subscribing to the magazine with an AVP ad
4. Females are more inclined towards the idea of paying a
premium for the innovation
5. 48% of the audience who rated the innovation as very
good/ good, disagree that AVP will take over regular print
advertising
- 19 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
20/23
Research Methodology Effectiveness of AVP Advertising
6. 70% of self employed respondents agreed to subscribing of
such a magazine, while 90% of respondents who found the
innovation bad disagreed with subscription
Limitations
The study conducted to test the audience response attitude and
likability towards the AVP advertising helped in understanding
certain limitations that this medium of advertising possessed with
respect to advertiser, publishers and end consumer.
1. Cost Component: Since most of the research audience were
highly reluctant in paying the premium for magazine carrying
AVP ad the extra cost component will have to be borne by
either publishers or advertiser, in most likely case the
publisher will always pass on the extra cost to advertiser
2. Single ad: The research revealed that the audience disliked
the thickness of the magazine due to inclusion of AVP Ad.
Thus at a time A publisher can afford to include only single ad
causing the least discomfort to the reader
3. Not applicable for all the product category - AVP Advertising
will not lend itself very well to all the product categories,Especially when the advertising communication is topical in
nature or for the product category which dont use jingles
4. Opportunity of advertising limited: Since audience did not
have positive take on more than one ad in single issue of the
- 20 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
21/23
Research Methodology Effectiveness of AVP Advertising
magazine, it limits the advertising opportunity for the
publishers
Recommendations
1. An AVP ad is more suited to Lifestyle and Fashion magazines
which lend itself very well for such an innovation as the
reader of this magazine is more involved and has a decent
amount at his disposal
2. Innovation of such kinds creates higher impact when placed in
the initial pages (eg. Opening Cover/ First Page), and doesnt
distract the reader while reading the articles. Hence Planning
such an ad in initial pages of magazine is important rather
than in later pages
3. Since the AVP Ad would make the magazine bulky, a
publishers should take care that not more than one ad is being
made the part of single issue
- 21 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
22/23
Research Methodology Effectiveness of AVP Advertising
Appendix
Composition of our research AudienceAge Group Wise
Age Group# of
Audience15 yrs - 24 yrs 1525 yrs - 34 Yrs 2935 yrs - 44 Yrs 1045 Yrs + 6Total 60
Gender Profile
Gender# of
Audience
Females 31males 29Total 60
Broad Profession Classification
Gender# of
AudienceService 44Self Employed 12Student 3
House wife 1Total 60
- 22 -
-
7/30/2019 Effectiveness of Audio Video Print Advertising[1]
23/23
Research Methodology Effectiveness of AVP Advertising
Bibliography