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Media Guru Questions
and Answers
- Friday, March 05, 2010
#7768
- hi,
What are equvilent GRPs, and how can they be used?
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The Media Guru Answers(Friday, March 05, 2010
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Equivalent GRPs are usually :30 equivalent. These are used in evaluating competitive activity or comparing plans using different creative units. One :60 is treated as "equivalent" to 2 :30s. Two :15s are equivalent to one :30. Some anlayses may apply these factors to Reach and Frequency evaluation.
- Monday, March 01, 2010
#7767
- What is an avg. CPM for display vs. search advertising?
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The Media Guru Answers(Monday, March 01, 2010
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Search advertising is measured in cost-per-click. It can't rationally be compared to display cpm.
- Monday, March 01, 2010
#7766
- Hi,
We compare a group of comeptitive brands and we have number of TV spots and GRPs for each for a given period of time. We have data as number of spots and their relative GRPs per brand. If one gets relatively less spots share and relatively high high GRP share, can we say that this brand had more efficient plans? Or that also depends on the quality of the ad breaks?
Thank you
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The Media Guru Answers(Monday, March 01, 2010
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Prime time, which is not as efficient as other dayparts, has high GRP and low # of spots for a given amount of money.
"Efficiency" is specifically a ratio of dollars to audience (GRP or impressions).
- Friday, February 26, 2010
#7764
- I am developing a travel directory website in a particular online niche. The directory will list various vendors and their offerings through geographic and numerous criteria search. When a site visitor clicks on one of the vendors on a results page, a details page will appear with basic info on the vendor's offering, along with the URL or, in the absence of a URL, other contact info.
To start, I envision that I will offer vendors a standard click-thru rate not to exceed a flate annual rate. I have looked into affiliate programs through which users can make reservations on my site, but that is something I will have to do down the road, if I do it at all. Setting up my own reservation system would be even further down the road, if at all. I already have several thousand appropriate vendors in my database, and potential for tens of thousands more.
Since hiring data entry clerks/teams and/or editors is an expensive proposition, I am contemplating contracting commission-only sales people to help with signing up vendors, providing them with a percentage of each click-through or flat-rate price for each of their accounts.
I have a back-end developer who can do all the programming to track traffic, sales, and click-throughs.
The questions I'm pondering are:
1) What are the going rates for PPC? (For several reasons, I am not contemplating instating a Google-style bid system.)
2) What are the going annual flat rates? (I already have some ideas from my research, and I also know that this is industry specific.)
3) What are the going rates for commissions?
4) How do I deal with the fact that I will have to advertise vendors on the site in order to draw traffic, while I will have to draw traffic in order to make sales remunerative to the sales rep, since their commissions will come to them immediately but will accumulate in time through residuals?
I'm all for starting small, but don't want to grow at such a snail's pace that the site doesn't grow into at least a semi-lucrative venture.
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The Media Guru Answers(Friday, February 26, 2010
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You seem to have two categories of issues: - media pricing and
- operating / start-up costs
. The latter are outside the Guru' purview.
As to pricing, that is always in flux, especially these days. The answer is to research your competitor's prices.
- Friday, February 26, 2010
#7763
- hello
is it always correct that the smaller the target group the less GRPs being achieved provided that all other parameters are fixed?
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The Media Guru Answers(Friday, February 26, 2010
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If you mean less GRP per dollar for a smaller group, that is a fair general rule. Sometimes, a given, smaller group is easier to reach than a somewhat larger group with more restricted media habits.
- Thursday, February 25, 2010
#7762
- Hi, Its me again
But my brand has more than one model that have different targets, so shall i split the market into different groups and work on each group seperatley? because otherwise i will be comparing apples to oranges?
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The Media Guru Answers(Thursday, February 25, 2010
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Each of your brands likely has it's specific competitive set. Divide into these groups and proceed.
- Thursday, February 25, 2010
#7761
- Hi,
I am working on the automotive segment and I want to compare share of voice for different brand names and models.
Is it possible to just unify the target group on which we make the grp evaluation based on, or we use different target for different models? But then can we compare total grp figures from different brand names as total or as models?
If it would be possible to compare all of them in case we can use one target group, what would that target group be? total population? or total adult population? or adults 25+?
Thank you
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The Media Guru Answers(Thursday, February 25, 2010
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There are two approaches:
Are you interested in examining the competition to your brand, in which case you should look at this on your own brand target's GRP; or are you evaluating the strenghth and agressivenenss with which each brand markets itself? In that case, use each brand's own target GRP.
- Wednesday, February 24, 2010
#7760
- Dear Guru, I have run some data on advertising spending and related GRPs of a number of campaigns. How do I convert the GRPs into 30-second equivalent GRPs?
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The Media Guru Answers(Wednesday, February 24, 2010
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One :60 is two :30s. One :15 is half a :30
- Monday, February 22, 2010
#7759
- You're right.
Maybe is important to say that this poster is into a Shopping Center near the parking lot, positioned at eye level. DEC over the principal avenue will be longer but, this "Poster" is only visible for the people in the Mall.
Total Market population is: 700,000 in Trade Area. 400,000 in 5 miles radius.
This Shopping Center receive average 3,000 People (18+) daily. (Maybe I ought to take this quantity of people as market population.)
What do you think?
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The Media Guru Answers(Monday, February 22, 2010
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A 30-sheet at eye level is odd. Unless the shopping center customers are of special value to you, this does not sound like a good deal,
- Monday, February 22, 2010
#7758
- Hi again Guru.
I would like to take a Poster junior (30 sheets)in a centric Mall in San Diego per $1500.00 monthly.
Here are the numbers, (considering 1 panel per 90 days):
*Market Pop: 700,000
*Adults 18+: 400,000 avg.
*DEC: 874.8145
*GRP's: 0.12483064285714286
*F: 2.1123475785714287
*R: 5.3186123207719795 %
*CPM: $ 19.06941266209001
I don't know about those numbers so, my questions are:
Are a good numbers?
Is the Ad in good price? ($1,500.00 /m)
I'll appreciate so much your help.
Thanks.
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The Media Guru Answers(Monday, February 22, 2010
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Something seems very wrong with your numbers.
- $1500 is a reasonable price for a 30 sheet poster, but
- a Daily Effective Circulation of 875 impressions, or 26,250 per month is tiny and yields a terrible cpm of $57, around 10 times the outdoor norm.
- GRPS are 12, not 0.12, if reach is 5.3 and Frequency is 2.1, but 12 GRPs would require many more impressions than you are reporting
Are you certain your DEC is correct? All the problems stem from this low number
- Thursday, February 11, 2010
#7757
- I have been asked by a client "how many people might have seen my ad". Right now, I have the overnight household rating and the HH UE. I'd like to respond with something - possibly Household impressions? I am forgetting the media math - do i need to adjust to the HUT level for that time period before I do anything? please clarify the math from start to finish for me. Thank you.
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The Media Guru Answers(Friday, February 12, 2010
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HH rtg x HH UE = HH impressions.
Just remember that rating is a percentage and your UE may be in thousands.
Also consider that an overnight rating is only same day. Nielsen reports up to 7 days later viewing.
- Wednesday, February 03, 2010
#7756
- Thanks for your prompt answer.
So, if "Panel" equal "poster"...cost per Panel means the Media Price per month? In other words, if the monthly rent per Sign is $1,500. Is it the Cost per panel?
Thank You again.
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The Media Guru Answers(Wednesday, February 03, 2010
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That's correct.
- Tuesday, February 02, 2010
#7755
- About the GRP's Media Math Formula.
GRP's= (# of Panels x per Panel average DEC)/total mkt.....bla,bla.
Could you define please, PANEL?
Thank's
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The Media Guru Answers(Tuesday, February 02, 2010
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This is for out-of-home media only.
"Panel" equals one poster.
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