Making the Marketing Plan!

Making the Marketing Plan!

Once, you have the strategy & the budgets in place, how does one go about allocating resources and building the actual execution plan? How do you decide how much to put in Advertising, Digital, Print, Radio and new age media? Further there are even more complicated questions, like do I want to put my money in Advertising or Consumer Engagement? What about Digital?

The steps to follow, in making a Marketing Plan are often quite straight forward:

- What’s my Campaign Objective?

- Roles of Various Media Elements

- Mix of Advertising vs Consumer Engagement

- The Marketing Plan - Connecting the Dots

What’s my Campaign Objective?

While there can often be several types of Campaign objectives, the most common ones are:

-         To drive Salience

-         To drive Consideration

-         Or Persuasion

Now, frankly all these objectives sound very similar, but taking one at a time. A Salience plan is usually a ‘maintenance plan’. You already have a strong Brand that stands for something unique and you want to use this opportunity to keep the Brand and its proposition salient in people’s minds. So the Salience plans are usually the simplest plans, you chase a medium with highest reach and the most optimal cost & go ahead and blast your creative edits. So if Lux or a Cadbury Dairy Milk or a Coca Cola wishes to remind you, they will possibly build a Salience Plan.

The next kind of objectives are where you need to push just a little harder. So you have a Brand with fairly good awareness but it’s either more expensive than competition or has benefits that are not as obvious. In such cases just sharing of your Brands message may not be good enough. That’s when you start looking at additional media elements to shift consumer behavior. Hence, a Kellogg’s Breakfast Cereal, Gillette Mac 3 Razor Blades or Tropicana Juice might need to invest here.

And finally the hardest working plans are those that need to drive Persuasion or impact actual purchase. Definitely the hardest working plans are required here and action standards for the success of your campaigns are more black & white, in terms of Market Share Gain or Business Lift. So a Saffola World Heart Day, HDFC Life Insurance or an Automobiles Company may be making more of these plans.

Role of Media Elements

Next, we understand the various types of media elements at your disposal and the roles that each of them play in helping your meet your Campaign objectives.

TV / Youtube: These are usually the highest reach and hence often the most impactful mediums. These are hence usually the lead media elements in any media plan. They offer you the highest reach at the lowest cost. These elements are defined at High Reach but Low Engagement. As in, they are simply used to send out messages and not get receive messages. You view the content from these media devices, passively without actually getting any direct response from the consumer. These are usually great for Salience Plans.

Radio/ Facebook: Now, these make great secondary mediums of choice and are a great follow up medium to the lead medium. These mediums are often defined as Moderate Scale but High Engagement as you can really engage the audience through Polls, Call in Discussions, encouraging Conversations etc. So if you have a complicated proposition, you can use these mediums to have an engaging discussion. Hence, plans that are driving Consideration usually invest here as well.

Print/ Outdoor/ Banner Ads on News Apps: These mediums are usually quite expensive and often only used when you have exhausted your kitty in the first two buckets. These mediums have their specific advantages for example Print is great at providing detailed information about your product like in case of a car or a property purchase. At the same time Outdoor is great at delivering a topical message, say a Range of Diwali Gift offers just before Diwali.

I have elaborately used Digital as a part of the types of elements, as Digital offers a versatile way of delivering the same tasks at mainline media with limited budgets. However I have always found mainline media choices to be more effective, provided you have the investment scale required to invest in them.

Mix of Advertising vs Consumer Engagement

The next piece to understanding is to figure out the mix of Advertising vs Consumer Engagement. While both sound very similar since at the end of the day, both are just about a Brand engaging with consumers. 

However, the real difference between Advertising & Consumer Engagement is that, Advertising is about sending out your Brands Proposition onto the consumer. Expressing the Identity of your Brand and giving the consumer a unique reason to prefer your Brand!

And consumer engagement on the other hand is about figuring out what your consumer is passionate about & being able to participate in that conversation in a manner that’s expected from the Brand.

Now, Advertising is arguably more efficient and usually the first port of call. It can also be very efficiently executed by Scale mediums like TV & Youtube. This route is also the most efficient in growing Awareness & Brand Recall, especially for young Brands.

However, moment your Campaign objective is more complicated or if you need to engineer Brand shift, the role of Engagement grows. Engagement is also a great way of building Brand loyalty and Brand love and hence a Brand that engage regularly have more stickiness in the minds of the consumer.

The Marketing Plan – Connecting the Dots

So now let me demonstrate how you will use the above thinking through a set of examples.

1.     If you are a large Brand like Lux and you want to keep your Brand Top of Mind, in your consumers mind you will regularly invest on TV through an Edit which engages the consumer and a creative that enjoyable to watch.

2.     At the same time, if you are a challenger brand that needs to disrupt competition, and challenge existing vies of the consumer, you will possible rely on Radio or Digital to shake existing consumer views like Pepsi did in the US through their Taste Challenge where they challenged consumers on blind tasting Pepsi tastes better.

3.     Again in terms of the more complicated services like Insurance, Real Estate or Automobiles, the consumer usually demands a lot of convincing, that’s where mediums like Print become very effective, given the amount of information expected.

4.     For those times of the year, where you need to drive a massive amount of business in a very short period of time, topical, low scale mediums like Outdoor become very relevant like in the times of Diwali with a large number of Gifting & Clothing Brands communicating their offers.

5.     Finally, you remember Ads only if they are really impactful, but a Consumer Engagement that you ever participated in, leaves a lasting impact and hence that’s where a Saffola World Heart Day, P&G Share the Load, Gillette Women against Lazy stubble comes in and can often leave a lasting and longer term impact that often spurs Brand love & loyalty.

In Conclusion

The Media teams in any organization, play a crucial role in helping the Brand team make and execute exciting Marketing Plans. However the process is always collaborative & always starts with complete clarity on the Brand & Campaign Objectives. These initiatives usually ends with metrics that are studied for business impact and shifts in consumer behavior. However, it’s crucial for marketers to build sustainable long term strategies that can be executed consistently for a lasting long term impact.

Simon William

Chief Executive Officer at Selfast Pro

4 年

Good info .Executing Marketing Plans & the process is always collaborative?. Is this followed ? The answer is very few of them do .

Amitabha Das

| Brand Consulting | Market Research | Relevance TAGs? |

4 年

Very interesting insights, Saurabh. Just like most of your posts and opinions. It would be good to know where you see the need for market research and how it fits into the Marketing plan, and contributes to shaping it up.

Seshaiah Gaja

RTSM at Philips| Beiersdorf|Raymond| Glenmark| Cavinkare| Parle

4 年

Great one

Rohan Deshmukh

Full-stack Content Marketer | Helping B2C brands drive more leads, conversions and revenues through effective content strategies | Social Media, Event Marketing, Campaign Management

4 年

This is a great read. Extremely insightful. I'm bookmarking it. :)

Shankar Thiruveedhula

Brand Management, Marketing & Communications - Saas, Tech, B2B & B2C Growth Marketer, Storyteller & Design Thinking Professional.

4 年

Well articulated

要查看或添加评论,请登录

Saurabh Bajaj - Practical Marketer的更多文章

  • Growth Vaccine for 2021

    Growth Vaccine for 2021

    “The year 2020 has been a watershed year for most marketers and our resilience has been tested. Many individuals…

    9 条评论
  • The Logic of Consumer Promotions

    The Logic of Consumer Promotions

    Consumer promotion is the one gift from the marketing team that the sales function really looks forward to! As an Area…

    80 条评论
  • Adapting to the New Normal!

    Adapting to the New Normal!

    An Overview of the Pandemic After a testing period of almost a year, life seems to be almost returning to normal. Now…

    31 条评论
  • Open up Marketing

    Open up Marketing

    I have previously written about how Marketing & Business strategies have played out over the various phases of the…

    13 条评论
  • How does the Innovation process work?

    How does the Innovation process work?

    Innovation is truly one of the holy grails of marketing! It often feels like business growth for free! After all, what…

    46 条评论
  • How is Advertising made?

    How is Advertising made?

    Nothing excites budding marketers more than the idea of making advertising! But how is it really done? It seems so much…

    48 条评论
  • Calming Leadership – What a Chaotic World needs today!

    Calming Leadership – What a Chaotic World needs today!

    Competence, Compassion, Conduct and more…. Shrabonee Paul & Saurabh Bajaj Leadership is one of the most celebrated…

    38 条评论
  • What is Marketing Strategy all about?

    What is Marketing Strategy all about?

    While we have all heard about those memorable jargons of marketing – The 4 Ps, STP (Segmentation, Targeting &…

    74 条评论
  • Making a Difference! - Part 1

    Making a Difference! - Part 1

    I guess it’s only when we are children that we truly allow ourselves to dream! When dreams of ourselves as brave…

    8 条评论
  • Balancing the Tight-rope Leadership Compassion vs Competence

    Balancing the Tight-rope Leadership Compassion vs Competence

    By Saurabh Bajaj & Shrabonee Paul If we randomly throw the question "What kind of leader is the right Boss to work…

    31 条评论

社区洞察

其他会员也浏览了