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Myths About Media Planning Busted

Oct 14, 2019 | Newspaper
media planning

Media planning is surrounded by a bubble of myth which we are about to burst into this blog.

Advertising is a part of your sales and marketing efforts which helps you reach the target audience. It is basically an investment that helps a business to grow. However, your advertising money is almost every time-limited. Also, your advertising budget must be in line with your promotional and marketing goals. Hence, how will you decide which media outlet you need to buy when all channels and publications claim to be the best in business? We have busted common media planning myths for you.

 

 

Media Planning- the Myths Busted

This section will answer your question and will give you better insights while you plan your media

 

Myth: The Cheapest is the Best

Fact Is: Very low rate means very low exposure as well. Moreover, most media systems have the tendency to cancel the spot with the lowest paying price when the time slot is in demand. Furthermore, if your Ad is not running at all, how do you expect it to be effective? This is why low-cost media should not be the leading factor in your media mix, even if it appears to be a good part of your media mix.

 

Myth: Only Buy the Highest-rated Slots

Fact Is: It is difficult to buy affordable frequency when you only buy premium slots. The best media plan is a combination of reach, frequency, and consistency. Lower-rated slots bring your overall costs down and still reach your target audience.

 

Myth: Wait Until the Last Minute to Get Better Rates

Fact Is: It is not true since the system depends on the supply and demand rate. If there is any remnant inventory, it is great. However, if you buy premium slots at the last minute, sometimes you end up paying more, not less. If you do not mind some lower-rated slots, you can wait until the last minute to place your buy. But then again, sometimes they get cancelled and, in that case, your Ad will not run at all.

 

Myth: You Get to Bargain with Media Packages

Fact Is: Media outlets sometimes try to dump unsold inventory as part of a package. You will buy a couple of premium slots along with several junk ones in a package. The package might look good because it has high frequency, but you are still paying high for the audience you are getting for better Media Outreach.

 

Familiarise with Bookadsnow

  • BookAdsNow is an online portal with tailor-made media planning and booking services.
  • Our media experts have specialized knowledge about Ad space the pricing and come up with the best media options depending on your requirements and budget.
  • We negotiate the Ad rates with the media house in concern and provide our clients with the best Ad rates in the market.
  • Television advertising, newspaper advertising, magazine advertising, and radio advertising are our forte.
  • Our 30+ years of experience along with INS accreditation enables us to provide quality media planning, buying, and evaluation solutions across all advertising mediums.

 

Book your ads online in a hassle-free manner through BookAdsNow today.

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