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Its
also impossible to isolate only these sub-optimal
spots within the schedule. For instance, imagine
a schedule being developed with a host of spots.
Since they are being added on the basis of their
merit (defined by the planner as CPRP or CPT or
any other), the first ones to be added are the best
ones. But this merit is of each spot
individually. Finally, they need to work well TOGETHER
with each other within the schedule to collectively
deliver the reach and exposure levels.
Lets say we have a plan with 500 spots, which generated
65% reach at a cost of 10 lacs. If the plan objective
was 60% and not 65%, then some spots will have to
be removed. Typically, the planner will start deleting
programs from the schedule that he added last. Now
if the removal of the last 50 spots triggers this
reach to settle at 60% and reduces costs by 2 lacs
then one can say that the task is done. But not
quite as we will just see
for there could
have been technically some 75 spots in the middle
of the schedule, which individually found place
within the schedule on their merit but collectively
do not add any incremental reach to the plan and
their removal could have resulted in a cost reduction
of 3 lacs! Hence, the efficiency of the plan depends
on the sequence of the spots as well as how they
are interacting with each other within that schedule.
Again, its worthwhile to emphasize that this
is impossible with manual interventions and requires
an optimiser.
Optimisers
can help control number of exposures
While a basic optimiser optimises reach at a budget/
GRP level, a few advanced optimisers have other
variations such as minimising costs at particular
reach level. Then there are optimisers that let
you control the response function curve. You can
put in constraints that force the response curve
to be as close to the ideal as possible. In this
case, the optimiser is simultaneously balancing
3 to 4 constraints cost efficiency, reach
buildup and suppression of reach at exposure levels
falling below the effective frequency fixed for
the plan.
In fact, over-exposure is a very critical issue
that a lot of advertisers have not yet focussed
on. In certain cases, where consumers are being
bombarded with the same ad for over 15 to 20 times,
it can prove detrimental to that brands image
in the consumers mind. There are a lot of
experiments to suggest the same from as far back
as 1972 when a Social Scientist associated with
the University of Michigan published results of
an experiment that he conducted with seventy-two
undergraduate male students. He used a series of
paintings, which he showed to the respondents on
a screen each at random frequencies of 0, 1, 2,
5, 10 or 25 exposures. He then asked respondents
to rate how much they liked each painting on a 7
point scale. Results were showing a circumlinear
effect of saturation as seen in Chart 3. Meaning
that too many exposures result in lower favorability
or likeability! All subsequent experiments that
were inspired in the advertising industry from early
work in the social research field found similar
results on the relationship of exposures to likeability/
preference.
Some optimisers actually help in this respect by
giving out a series of plan options that then can
be chosen on that plans ability to deliver
only within a limited band of exposures (say 5 to
7). Not only does this save costs as you are not
draining yourself out by repeatedly bombarding the
same set of people at very high exposure levels,
but it also ensures that there are no negative associations
with your brand due to over-exposure.
Multiple
uses for broadcasters and channels
For broadcasters, the Optimiser is a boon to develop
price benchmarks to see at what price does the optimiser
pick up a daypart in a plan versus at what threshold
it stops picking it up. It can also be used as a
sales tool to display a network buy. One of the
most significant uses at a channels end will
be to actually optimise the scheduling of program
or channel promos. Thats because while a new
program will have to target a potential Target Group
thats expected to convert into viewers, it
also has to optimally use the inventory available
as thats an opportunity cost as far as the
channel is concerned.
With optimisers that have a built-in predictor
function, a channel could also look at an event
scheduled in the future and predict different scenarios.
Depending on how the outputs look, a pricing benchmark
can be achieved. For instance, there might be a
channel that is scheduling a very exciting event
thats expected to attract the bulk of viewership
at the time. The channel can then through the optimiser,
predict different scenarios and argue with buyers
for a premium due to either the high TVRs expected
or because there is no other option that exclusively
generates that kind of reach at the time of the
event. In fact, as the fight amongst broadcasters
changes from inclusion within a plan
to increasing share this tool will really
come in handy.
The
challenge for the future
As we continue to see environment changes around
us in the TV industry, what is going to be curious
is to know who will be the people who will catch
the bus and who will be those who will get left
behind. The need for today might be to learn and
use the optimiser. The need for tomorrow might be
to learn a next generation TV planning tool, who
knows. Bottom-line is that each new element will
have to be learnt and mastered to guarantee our
success! As someone great had said very recently,
If youre not changing gears very quickly
in this warp speed economy, we have a name for you
DEAD!
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