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Module 3 Advertising Management

Module III focuses on Advertising Management, covering topics such as agency types, budgeting, media strategy, and creative frameworks. It outlines the roles of different agencies, including advertising, media, and specialized agencies, as well as the process for selecting and working with these agencies. Key considerations for agency selection include defining goals, criteria, and conducting creative pitches to ensure the best fit for advertising needs.

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NIKHIL VIKYATH
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0% found this document useful (0 votes)
9 views27 pages

Module 3 Advertising Management

Module III focuses on Advertising Management, covering topics such as agency types, budgeting, media strategy, and creative frameworks. It outlines the roles of different agencies, including advertising, media, and specialized agencies, as well as the process for selecting and working with these agencies. Key considerations for agency selection include defining goals, criteria, and conducting creative pitches to ensure the best fit for advertising needs.

Uploaded by

NIKHIL VIKYATH
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Module III

ADVERTISING MANAGEMENT
How could we get there?
Budgeting Creative Frameworks

Agency Types and Choice Media Strategy & Research

Advertising Theory Sales Promotions

Creative Brief Personal Selling

Laddering Process Public Relations

Advertising Appeals Sponsorships & Events

Message Strategies Developing an IMC Program


In This Module
• Agency Types and Choice • Advertising
• Campaign Management Process – Appeals
• Advertising Theory – Message Strategies
• Creative Brief – Creative Frameworks

• Laddering Process • Media


– Media types and evaluation
– Media objective setting
– Media research
TYPES OF AGENCIES
Advertising Media
Agencies Agencies

Collateral Specialised
Services MC Agencies
Key IMC Players
An advertising agency, is an external firm that
specialises in the creation, production and / or
placement of the communications message and
may provide other services to facilitate the
Advertising marketing and promotions process
Agency
It is not necessary that an advertiser has to
work with one agency only.

Depending on the size of the business, an


advertiser can work with multiple agencies.
HUL has 4-5 agencies.
Key IMC Players
A media agency, is an outside firm that
specialises planning, buying and placement of
the communications message, across any
media.
Media Media agencies work with the advertiser and
Agency with media organisations to ensure that the
communication is placed.

A media organisation is any organisation that


has editorial or program content which
attracts consumers so advertisers or their
agencies will want to buy space or time from
them.
Key IMC Players

Specialised Include direct marketing agencies, sales


Marketing promotions agencies, digital agencies and public
Communication relations agencies
Agencies
Key IMC Players

Provide support functions to advertising, media


or specialised agencies, which enable in
Collateral execution and delivery of the message
Agency
Bhasha Bharati :Translation services. Radiowani :
Radio spots production
Choosing an Agency

In-House External
Agency Agency
In-House Agency
Used in businesses which require
technical knowledge or where the
turnaround time is very fast

An agency that has been The advertiser believes that no


set-up, owned and external agency has the technical skill
operated by the advertiser or can turnaround a job, on demand

The in-house agency also has the


flexibility of working with external
agencies to develop communication
campaigns for TV or print
In-House Agency

Better understanding of product Consistency in brand message

Better understanding of company Stability of process


vision
Better turnaround time
Access to top management
Reduced costs
Better coordination
More control
In-House Agency

Less experience Less flexibility

Less objectivity Less access to top creative talent


External Agency

Boutique Full service


Agency Agency

A agency which develops Cross-domain expertise offered


expertise in just one area and across creative, media, marketing
offers services in just that area communication and even
collateral services.
Integration to be driven by the
advertiser All services on offer. At a cost
External Agencies

Expertise : Focused & specialised Costs

Outsider’s perspective Timelines

Better understanding of
consumers and trends

Access to top talent

Accountability and therefore


better efficiency
External Agency
Brand
strategy

Specialised Campaign
services planning

Media Creative
services services
CHOOSING AN EXTERNAL AGENCY
Define goals Define criteria Prune the list

Request
Creative pitch Shortlist
references
Define Goals

Define organisational goals

Define brand goals

Based on the goals defined above, set


expectations from an agency
Define Selection Criteria

Based on the goals and expectations, define selection criteria to eliminate


bias

Size of the agency Media capability

Category experience Production capability

Conflict of interest
Retention rates
Creative reputation & capabilities
Pruning the List

Based on the selection criteria, prune


the list of agencies to a level that can
be managed
Reference Request
Once the initial screening is done,
it is time to request references Most agencies will provide a list
from the agencies still in the of their clients, as references
running

Checks with key agency partners Check with the references on


will also gives an idea of the creative and service quality
agency’s culture and therefore fit standards of the agency
Creative Pitch
Once the list is narrowed down A creative pitch, is a formal
to 2-3 agencies the agencies are presentation made by the agency
asked to participate in a creative to client. It addresses a specific
pitch brand problem or a situation

Pitches help client choose an The pitch reveals an agency’s


agency which best understands ability to develop solutions. It also
an issue and offers a showcases the agency approach
comprehensive solution to to addressing issues
address the issue
Agency Selection

During the pitch, opportunity


exists for the client to visit the Visits important fine-tune
agency and meet key personnel chemistry between the client
who would be working on the and the selected agency
business

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