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A media plan defines where exactly our ads are going to go. Media plans can be created by our internal team, by yourself, or indeed by our media agency that we’re working with.
It’s a very useful document because it’s a financial document that shows what we’re paying and what we’re getting. It shows where we’re going to be doing the activity, the names of the websites, or the type of targeting, and it will also show the run dates. So you know when these campaigns or when these line items are expected to run.
When we have all of this in one place, we’re able to see in a snapshot what our campaign is going to do, and what we’re going to deliver in terms of that reach, impressions, and clicks. And we can, if we have enough historical data, start predicting things around conversions.
But it’s not always wise. Because of the type of channel that display is, we don’t always want to include the conversions on a display media plan because its pure focus is to drive awareness, not drive action. Search drives action.
This will show us our reach and our impressions and all of that stuff in one centralized document. It’s very useful for keeping things on track, making sure things go live, and making sure that you’ll not overspend or underspend on certain channels.
The benefits of a media plan include the following:
Cathal Melinn is a digital strategist, lecturer, and trainer. He has over 15 years’ experience in eCommerce, social media, affiliate marketing, data analytics, and all things digital. He worked at Yahoo! Search in 2005 as a Senior Search Strategist for the UK Financial Services vertical. He moved to the world of agency in 2010 as Head of Search and Online Media. Cathal’s previous clients include Apple, Vodafone, Expedia, Virgin, Universal Music Group, Amazon, Compare the Market, and HSBC.
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ABOUT THIS DIGITAL MARKETING MODULE
This module introduces the key concepts involved in display advertising. It covers the advantages of different types of display platforms and demonstrates how to set up a display advertising campaign. It also explores the key considerations for targeting and bidding in a display advertising campaign, and how to report on and optimize campaign performance.