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Calcualting Media Costs PR LAP 6

Calcualting media costs

AB
Newspaper ad ratesBased on circulation
Preferred position ratesextra fee required for this placement
Why use insertsBetter quality paper can be used
Sliding scale ratesdiscount rate structures for large volume
Spreadmagazine advertisement printed on two facing pages
Why partial runsBecause people live in different geographic areas
Selective bindingprinting technique that involves placing sections of targeted advertising in specific editions of magazines
Frequency discountDiscounts based on the # of ads run
Early fringeTime preceding prime time
Preemption rates disadvantagesCan resell to highest bidder
Run of schedule air timeslows station to run the spot at its convenience and give a lower rate
Largest discounts in mediaradio
Outdoor ad rates based onvisibility
Direct mail costs factorsmailing list costs
Shared mail prices competitive with whatNewspaper ad rates
Standard rate and data servicerate cards for most major media
Why businesses compare media vehiclesTo determine cost effectiveness
CPMCost per thousand
Weighted figuresShows costs of reaching those most likely to buy the product
Weighted CPMbased on target audience not total audience
CPRP’s two figuresSpots and rating
How to determine cost effectiveness of CPRPMust calculate gross rating point for each
How to calculate CPRPspots x's GRP
What frequently triggers banner adskey words


Marketing Educator/DECA Advisor
Frankfort High School
Frankfort, IN

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