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How
important are ratings? |
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Vital.
The word, "rating" is the most important word in broadcasting.
We use rating to understand audience size, age, and most importantly,
to calculate frequency of exposure and cost. |
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I
keep hearing about the word, "share." What does it
mean? |
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Share
usually means a percentage of the households using TV or the
percentage of people using radio. |
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Are
ratings important in newspaper and magazines? |
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Yes.
Most of the time we rely on the Audit Bureau of Circulations.
This is an independent firm that calculates subscriptions etc. |
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How
come the number of total impressions is so high? |
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"Impressions"
are misleading. Most effective media buyers are not concerned
with impressions. Here's the basic formula: add the audience
delivered for each spot in the entire schedule - these are your
gross impressions. |
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What
is "reach?" |
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While
impressions do not indicate how many different people will be
exposed to your ad, reach gives us the number of different people
(or homes) that are exposed to your schedule within a given
period of time. |
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How
important is frequency? |
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Frequency
is critical. Most ad sales reps ignore the value of frequency
as do many buyers. Frequency is the number of times a person
is exposed to your advertising message. While media sales people
keep trying to convince buyers that 3x (exposure) is adequate
in a 1 week schedule, maximum mind penetration does not take
place until your frequency is at a 5x - 7x per week. |
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What
medium is best or most efficient for my advertising dollar? |
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It
really depends on your objectives. Newspaper is powerful for
people already in the buying universe. Someone looking for a
car may end up in the back section or Classifieds of the daily
newspaper. Radio and TV are effective in expanding your universe.
They are intrusive forms of advertising, thus people not ready
to buy can be motivated or persuaded. In addition, TV especially
builds credibility and trust. Thus, each medium has its own
advantages. |
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Are
ratings important for outdoor advertising? |
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Absolutely. You need to know more than just the gross number,
you need to understand the demographics of people who drive
the highway. |
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