• Media Services

Media Services

Today’s media is way too complex and demographically fragmented for the “broad based” media solutions of even a few years ago. It doesn’t matter whether you’re a large international corporation or a small local business, it still takes research and planning, in addition to smart negotiating and a unique message, to drive business forward. And if you think digital media is “the future”, you’re wrong. It’s the present.

Media Negotiation

Media is the single most expensive cost of any marketing campaign, typically accounting for 80% of the dollars. Trying to plan and negotiate without the benefit of expertise is no different than being your own lawyer, accountant or doctor. Media Negotiation is part art, part science and years of industry experience. It has nothing to do with the cost of a media unit. Let me repeat that. IT HAS NOTHING TO DO WITH THE COST OF A MEDIA UNIT. So if you’re not negotiating dollars, what do the pros negotiate? Targeted Audience delivery! Other factors that are integral to being a media negotiating pro are: knowledge of market rate seasonality, live verses recorded delayed viewing, market programming, vendor ability to run schedules, trafficking history, vendor competition, client competition, the ability to create special and unique promotions, and media relationships. That’s the REAL meaning of media clout. It’s not about having the biggest bat. It’s about knowing how to swing.

Media Buying

Broadcast television, broadcast radio, cable, satellite, syndicated and national television all have their unique audience and all require different skills in planning and buying. Understanding the ratings, seasonal adjustments, developing the buying philosophy for live and recorded ratings, establishing specific buying guidelines unique to every client, building rapport with vendor reps and management, and understanding their inventory demands and sweet spots requires skilled buyers with creative thinking. It's the discipline of checking contracts, getting signed confirmations, scrutinizing invoices to ensure schedules run as ordered, negotiating make-goods and credits, and post buy analysis.

It takes a media team and media software to properly evaluate and monitor the schedules, making a considerable difference in the outcome. A freelance buyer working hourly is going to cut these steps in order to reduce the media fees, which often is penny-wise and pound-foolish. Get a good understanding of your buyers’ credentials and have them explain their process. With approximately 80% of your advertising budget going into media, hiring a media buyer is as important as the creative director. The message has to be right; so does the media buy!

 

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The"Haps"

  • 20Mar2019

    Television Remains Dominant Medium

    Media habits are changing at an exponential rate as consumers find new paths to viewing television programming, creating much confusion for advertisers in how to reach their prospective audience. The majority of broadcast television viewing is via cable and satellites, however, the rate of disconnect is alarming. Streaming video through internet access is rapidly changing how advertisers allocate funds and purchase media buys.

  • 10Jan2019

    Why Blogging On Your Website Is Important

    Ok. It's a new year and time to establish priorities and goals. And, adding blogs to our website is number one! But why? What is the benefit of blogging? Here's 5 reasons why blogs are important.

  • 07Nov2017

    GOT A CALL FROM THE DEPARTMENT OF JUSTICE

    When I answered the phone it was a woman from the Department of Justice.  Sure!  I thought this was a prank call.  But then she went on to explain that the reason for the call was to set up a conference call with their lawyers to discuss the upcoming Tribune and Sinclair Broadcasting merger and the impact on my retail client in the Greensboro-High Point-Winston Salem market.   How interesting!  In my 35+ years of media buying handling some larger, Fortune 500 accounts, I've never been asked by the government about my opinion. . . .nor do I know anyone else in the industry that has.  What did they want to know?

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  • Frustrated with the challenge of finding and keeping qualified media buyers, this recognized clothier hired Media Power Advertising to get them through a seasonal crunch. But after seeing how MPA could stretch a budget and deliver cost-effective broadcast buys, they decided to "leave the buying to us." MPA now handles all radio, TV and cable in four states. In these days of staff reductions and hiring freezes Outsourcing to Media Power Advertising can solve workload problems AND contribute to the bottom line. This reduces client salaries, benefits, employee taxes and office operating costs.

    I never worry about how the work will get done anymore. One call gets the MPA team negotiating our next buy. Even last minute sales are covered without the hassle of staff overtime, worrying about someone being out sick or on vacation. I don't know why we didn't outsource a long time ago.

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