Digital-marketing from A to Z
Marketing is art it’s the possible of the impossible, and the digital marketing is a special and distinct type of marketing in general
In order to ensure the success of marketing in all its forms, you must have a successful, distinctive and flexible marketing plan and strategy, any successful marketing plan needs to know the following points
Any successful marketing plan needs to know
- Nature and type of product
- The target location of the campaign
- Choose the appropriate timing for the campaign
- The number of times and places the advertisement appears
- Target audience
- Budget
- Media mix and campaign duration
- Using metrics to measure how to reach the target performance
- and above
- If any of us wants to market any product, he must start from these conditions
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Steps for media planning
This reading provides more information about the contents of a digital media plan and the general steps to create one.
Digital media plan contents
You learned in a video that a digital media plan contains details about where, when, and how often ads will appear across digital media channels, and includes the following information:
- Target audience
- Budget
- Media mix
- Duration
- Key performance indicators (KPIs)
- Performance goals and metrics
Here are descriptions of each, along with the purpose they serve in a digital media plan.
Target audience
A target audience is the group of people most likely to purchase the products or services being advertised. Sometimes, a target audience is defined by a combination of customer personas that help marketers determine how to reach people using the right messages, offers, and products. A digital media plan should leverage customer personas as much as possible. A digital media plan can also include audience demographics, such as age, income, devices used, and preferred media for the content consumed. However, demographic information might not be available from all customer personas.
Purpose: A target audience is documented in a digital media plan for purely economic and strategic reasons. You want to spend a limited campaign budget on the people most likely to make a purchase.
Budget
Campaigns usually have a fixed budget allocated from a larger marketing budget. Spending more than what is budgeted for a campaign often requires further justification and approval.
Purpose: A budget is documented in a media plan to help prevent over- or under-spending for a particular channel during a campaign.
Media mix
A media mix specifies how much of a budget will be spent across each media channel in a campaign. If actual amounts are unknown, you can specify percentages of the budget in the media mix. For example, you could assign $20,000, or 30% of the budget to social media. Either is acceptable in a media plan.
Purpose: A media mix is critical to a media plan because it enables the right content decisions to be made based on an allocated budget for any particular media channel.
Duration (flight)
Duration, also referred to as flight, is the length of a campaign and is easy to document. But if you’re running a campaign using a pay-per-click (PPC) model, duration becomes trickier because you’ll need to ensure your budget is sufficient for the entire duration of the campaign. For campaigns like these, duration is heavily influenced by budget.
Purpose: Duration, or flight, in a digital media plan specifies how long the campaign will run.
Key performance indicators (KPIs)
A key performance indicator, or KPI, is a measurement or metric used to gauge how successful a campaign is. It’s important to include KPIs for each media channel in a digital media plan so you can measure the success of a campaign at that level. For example, in another video lesson, you learned how each channel can have its own return on ad spend, or ROAS, as a measure of success.
Purpose: KPIs in a media plan document how you will measure campaign success for each media channel.
Performance goals and metrics
A performance goal is a target that has a measurable, numeric value. Performance goals help define success. If metrics meet or exceed a performance goal during a campaign, the campaign is successful. Clickthrough rate (CTR), the number of clicks divided by the number of impressions, is a popular metric for ads.
Purpose: Including performance goals in a media plan allows you to consistently measure the performance and success of each media channel during a campaign.
Steps to create a digital media plan
Assuming that business and marketing goals have already been created, here are the general steps to create a digital media plan:
- Confirm business goals: Assuming that these have already been established, identify and confirm what they are.
- Confirm marketing goals: Assuming that these have already been created, identify and confirm what they are.
- Conduct market research: (Optional) If a target audience isn’t clearly identified, market research can help you determine what it is. For example, market research can determine both customer personas and target audience.
- Define campaign goals: Be clear on what the campaign should achieve. Campaign goals usually have a relationship with a higher-level marketing or business goal. For example, if sales growth needs to occur in a particular region, a campaign’s goal can be to increase brand awareness through ads directed at users in that region.
- Select the media channels: Media channels selected for a campaign should align with the media preferences of the target audience. A media mix can then be created after identifying which channels have the highest priority.
- Determine and document all media plan items: After you have determined the required items for a digital media plan, you can use a document or software media planning tools to help you create the plan.
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Very interesting points you have mentioned, thank you for putting up.Blog range
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