Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need...

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Transcript of Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need...

Page 1: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”
Page 2: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Welcome to the

2000 TVB Research Conference

Page 3: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

“I am having trouble with TVScan!”“I need estimates for 1st qtr.”“I need our budget spreadsheet by COB”

“Med

ia Cen

ter”

“18-49…Men 25-54…”

““How do I get our news estimate up”

How do I get our news estimate up”

“New business development”

“Hisp

anics

““NSI”NSI” “Are overnights ready yet?”“Can you do this?”

Page 4: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

STOP!

Page 5: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

How can I better How can I better utilize my utilize my

research to makeresearch to make MORE MONEY?MORE MONEY?

Page 6: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”
Page 7: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

A Day In The Life…

Television Account

Executives

…actually a week in the life of

Page 8: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Monday...• Corporate wants the biz you will write this week

• New business development

• Avails (last minute requests…of course)

• Follow-up on pending business

• Post 3rd Quarter McDonald’s

• Emergency of the day

• Oh yes, pull some qualitative research

• Corporate wants the biz you will write this week

• New business development

• Avails (last minute requests…of course)

• Follow-up on pending business

• Post 3rd Quarter McDonald’s

• Emergency of the day

• Oh yes, pull some qualitative research

Page 9: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Tuesday...• Write orders

• Minimum of 3 appointments today

• New business development

• Avails

• Follow-up on pending business

• Post 3rd Quarter Ford and add in bonus weight

• Bonus schedules for unsold inventory this week

• Oh yes, pull some qualitative research

• Write orders

• Minimum of 3 appointments today

• New business development

• Avails

• Follow-up on pending business

• Post 3rd Quarter Ford and add in bonus weight

• Bonus schedules for unsold inventory this week

• Oh yes, pull some qualitative research

Page 10: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Wednesday...

Thursday...

Friday...

Page 11: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

…And what about you?

Page 12: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Teach thenew dogseverything

Teach the old dogs new tricks

Page 13: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”
Page 14: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”
Page 15: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

To save time……Let’s go back to the

Basics

Page 16: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

What will we cover?What will we cover?

Client Needs AnalysisClient Needs Analysis

Qualitative ObjectivesQualitative Objectives

Prioritize Your TargetsPrioritize Your Targets

Presentation FormatsPresentation Formats

SuggestionsSuggestions

Page 17: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

ClientClientNeedsNeeds

AnalysisAnalysis

Page 18: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Client Needs Analysis (CNA)Solid marketing foundation

Partial23%

1%

Don't Have76%

Some AE’s have either partial orcomplete Needs Analysis on lessthan 25% of their account list.

Some AE’s have either partial orcomplete Needs Analysis on lessthan 25% of their account list.

CNA helps find client’s level of interest in qualitative data

CNA defines client’s current & potential customer

CNA determines what media mix is being used and what % of the budget each represents

CNA ascertains the client’s budget cycles

CNA provides a good frame-work for a great presentation

CNA will save you and the AE TIME

Complete

Page 19: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

What I Need To AskWhat I Need To Ask

Who is your customer?Who is your customer?

Your competition?Your competition?

Your media mix? ($’s or %)Your media mix? ($’s or %)

Dissect the highest $ or %Dissect the highest $ or %

Do you have a web site?Do you have a web site?

Page 20: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Save Time By Categorizing AccountsCNA makes it easy

Long Term- A major % of dollars are being spent in one medium. Long term due to: contracts, decision-making structure, etc.

Mid-Range- Opportunity to shift dollars from other media/budgets, i.e. promotions, co-op or vendor.

Short-Term- The goal is to obtain a higher share. Virtually no barriers. Accounts with quarterly media plans.

Quick-Hit- Small, new business development. On-going information based program of supplying one-sheets and category specific mini-reports.

Page 21: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

QualitativeObjective

Page 22: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Qualitative Objectives1. Clients spending no $ in your medium

2. Clients using the wrong media mix

3. Clients reaching the wrong demo

4. Help get on a buy or get a higher share

Page 23: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

PrioritizeYour

Targets

Page 24: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Save Time By Prioritizing Accounts

The Four D’sThe Four D’s1 DDecision Maker ecision Maker Access?Access?

2 DDollarsollars Available vs. Allocated?Available vs. Allocated?

3 DDates ates Planning & Budgets?Planning & Budgets?

4 DDesireesire Willingness to Change?Willingness to Change?

Page 25: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

BillAD MANAGER

Newspaper23% allocated

FrankACCOUNT SUPERVISOR

AGENCY

BeckyACCOUNT EXECUTIVE

AGENCY

SamMEDIA BUYER

AGENCY

MonicaAD MANAGER

Broadcast12% allocated

MikeAD MANAGER

Radio7% allocated

CathyAD MANAGER

Direct Mail20% allocated

MichelleAD MANAGERYellow Pages7% allocated

SteveAD MANAGER

Other31% allocated

JimDIRECTOR OF ADVERTISING

How will this affect sales, people?Allocates Budgets

JoeVP OF ADVERTISING

How will this affect sales Jim?Has the $$$

BobVP OF MARKETINGWho is our customer?

Can affect JOE

SueVP OF MERCHANDISING

What products will sell?Great vendor opportunity

BettyVP OF CO-OP

Where is the nearest bridge?Can help with tie-in promotions

I.M. InchargeDECISION MAKERYour data is FREE?!

Holds 4 VP's accountable

The more people between you and the decision maker, the more time it takes…and the less chance youhave for success.

We spend waytoo much time

here

#1D

Page 26: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Want A Piece Of Pie?

Other - 30%

D.Mail - 20%

Print - 22%

TV - 11%

Y.Pages - 6%

Radio - 10%

““THE AVAILABLE DOLLAR”THE AVAILABLE DOLLAR”

National averages say an advertiserwith a $500,000

budget will allocateonly $55,000 to

Television.

#2D#2D

Page 27: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Want A Smaller Piece?

My Competition

80%

My ShareAn $11,000 order forthe good guys! 20%of the allocated TV

budget, but it represents 2.2% of the availableadvertising budget!

““The Allocated Dollar”The Allocated Dollar”

#2D#2D

We fight for 11% of a client’sadvertising budget!

Spend time on the 89%being spent in other media!

Page 28: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Save Time By Staying In Front of The $’s

##3D3D

Our budgets for 2001have been approved.

We could have alittle bit for your

medium. Send mea set of avails.

We just put our 2001 budget meeting on the calendar. We will start in November and will

finalize budgets by January 2001.

Which discussion would you like to have with your client?One of the most important questions on your Client Needs Analysis forms:

WHEN ARE BUDGETS FINAL?

Page 29: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

#4D

I consideranyone witha driver’slicense atargetcustomer...

Boy, this stuff is great! But…you know I still need to meet my tabs...

I don’tneed toadvertise...

I would beglad to spendan hour withyou to talkabout mybusiness...

Cut through all the “Bull_ _ _ _” andconcentrate on the clients that truly have adesire to change the way they market their

company. Spend the time on clientswho will listen and learn from your research.

Page 30: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Presentation

Page 31: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Powerful Presentations Have a completed CNA Know who will be attending Use a multi-media and a multi-

source presentation Receive as much information from

the client as you present Stay away from “demos” Track past years’ data Use graphs and charts Add color when possible Maintain a consistent format

20

27

44

30

38 38

4542

32

0

10

20

30

40

50

60

70

Store #1 Store #2 Store #3

1997 1998 1999

Page 32: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Save Time Doing Presentations Long Format

5% of all presentations should be long format Key decision makers-board of directors-owners-etc.

Short Format 95% of all presentations should be short format 95% of all presentations should be short format

No more than 8-10 pages (including cover)No more than 8-10 pages (including cover)

Category Templates Let AE’s know a presentation is availableLet AE’s know a presentation is available Easy to change for a new client within the categoryEasy to change for a new client within the category

Page 33: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Save Time With Follow-Up

At least 2-3 follow-up presentations Develop a solid relationship with the decision maker Keeps your station/AE top-of-mind Number one reason AE’s don’t get the order (wasted time)

Introduce media preferences Show client strengths and weaknesses Media synergy (Quickly show strength of your station)

You are the “Marketing Consultant” Your clients will start to call you for advertising advice Your AE’s get more selling time with decision makers

Page 34: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Suggestions

Page 35: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Time Saving Suggestions

Account Executives–Make it easy for them to use the data

–One Sheets (Create a library/train AE’s)

–Presentation templates

–One on one training (use your vendor)

–Constant communications

Account Executives–Make it easy for them to use the data

–One Sheets (Create a library/train AE’s)

–Presentation templates

–One on one training (use your vendor)

–Constant communications

Page 36: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Time Saving SuggestionsResearch Directors

–Get your managers involved

–Let AE’s know when there’s a new category presentation

–Keep your research product top-of-mind

–Teach AE’s how to use the software

–Don’t ever hesitate to call your vendor

Research Directors–Get your managers involved

–Let AE’s know when there’s a new category presentation

–Keep your research product top-of-mind

–Teach AE’s how to use the software

–Don’t ever hesitate to call your vendor

Page 37: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Your Research,Other Departments

Page 38: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Utilize Research In Other DepartmentsUtilize Research In Other Departments News DepartmentNews Department

Profile their News viewers…and their competition’s. “Most Often” questions for tracking loyalty. Revisit questions from their own research product.

Programming DepartmentProgramming Department Audience composition analysis. Lead-in strengths and opportunities. What syndication will work in your market…and where on the station?

Promotion DepartmentPromotion Department How do I best spend my syndication co-op? Where do I find my loyal viewers? Who watches the other station’s News most often? Which radio stations do I buy for the sweeps? What areas of my station do my News viewers and theirs watch?

Page 39: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

If you can saveIf you can save

While you make moreWhile you make more

That’s a better use of your research!That’s a better use of your research!

Page 40: Welcome to the 2000 TVB Research Conference “I am having trouble with TVScan!” “I need estimates for 1st qtr.” “I need our budget spreadsheet by COB”

Any Questions?Thank you for your time!