A STUDY ON IMPORTANCE OF MEDIA PLANNING IN BRAND PROMOTION ACTIVITY at Feel Good Media Pvt Ltd, HYDERABAD. Submitted in Partial fulfillment for the award of the Degree of the MASTER OF BUSINESS ADMINISTRATION By B.RAJESH Roll No:09AQ1E0011
Internal Guide
DECLARATION
I Solemnly declare that the project report entitled IMPORTANCE OF MEDIA PLANNING IN BRAND PROMOTION ACTIVITY, Hyderabad is submitted the Department of
Management Studies, Chilkur Balaji Institute of Technology(CBTV), as a partial Fulfillment of requirement FROM for award of Degree of MASTER OF BUSINESS NEHRU TECHNOLOGICAL me
ADMINISTRATION
JAWAHARLAL
UNIVERSITY, Hyderabad.
and is not submitted to any other university or institution for the award of any degree/diploma/certificate or published any time before.
CERTIFICATION
This IMPORTANCE OF
is to certify that the project report with title A STUDY ON MEDIA PLANNING IN BRAND PROMOTION ACTIVITY,
of department of Business Management, JNTU Hyderabad, was carried out by B.RAJESH (Roll No: 09AQ1E0011) under my guidance. This has not been submitted to any other University or Institution for the award of any degree / diploma / certificate.
supervisor.
ABSTRACT
I have undertaken the projuct on Importance of promotional activities in media planning as a part of the curriculum of the MBA IV th semester. The main reason I took up this project is to learn how different work life situations affect employees in their working styles.
The main intent/ aim of doing this project is to understand the importance of media planning in brand promotion activities which affects the company. The project helped me to understand how a companys marketing department tries to improve their business with the help of different promotional tools. Media planning emphasizes on how a company creates brand awareness, brand promotion with the help of different promotional tools to make effective market communication plans. Media planning is all about the different kinds of media available for promotion of brands, and it involves selecting appropriate media for carrying the advertisers message to target markets, deciding what to buy and how much to spend in each medium and scheduling when the advertising is to run.
ABSTRACT
This project was carried on at Feel Good Media Pvt Ltd was done in Ameerpet , Hyderabad. It is the largest and manufacturing Enterprise in India. And it is one of Indias ninth largest Public Sector Undertakings Media works.
This survey was based on formal interviews and responses obtained from formal questionnaire. Objective is to study the Feel Good Media Pvt Ltd of employees . And to know the existing working condition, health and safety measure provided by the company.
Based on the findings, suggestions are given which would help the company to improve its performance.
ACKNOWLEDGEMENT
First and foremost I concede the surviving and the flourishing refinement of the Almighty God for his concealed hand yet substantial supervision all through the construction of this project.
I express my deep sense of gratitude to the management of Feel Good Media Pvt Ltd for giving men an opportunity to study A study on Importance of media planning in brand promotion activity in their esteemed organization. I take this opportunity to acknowledge my sincere thanks to Mr. .Narendhar Manager of Feel good media my project guide and to all the Employees of Feel good media whose cooperation and valuable guidance helped me to Enhance my knowledge in the subject of Importance of media planning in brand promotion activity . I also would like to express my profound to my college CBTV. I express my sincere thanks to the MS. P.VINATHY, (ASSOCIATE PROFESSOR) for her valuable guidance for completion of the project. Finally I would thank the representatives and employees of Feel Good Media Pvt ltd, Hyderabad, Who made this study success indirectly. by giving their support directly and and
CERTIFICATE
This is to certify that B.Rajesh is a bonafide student of Chilkur Bajaj Institute of Technology, Hyderabad working under my guidance for the Project work. He has done the summer internship project in Feel good media. During the internship period he has done this piece of research work entitled . Importance of media planning in brand promotion activity The said work is the original contribution of the student.
DIRECTOR Date
DECLARATION
I, B.RAJESH Roll No. 09AQ1E0011 hereby declare that this Project work is genuine piece of work done by me and it is original. This Project has not been copied from any other source and has not been submitted for fulfillment of any other. I have collected the data and analyzed the same.
ACKNOWLEDGEMENT
I express my sincere thanks to Mr.NARENDHAR D Marketing Head, Feel Good Media,
Ameerpet, Hyderabad. Who guided me throughout my project with constant co-operation, encouragement and motivation.
I thank to record my gratitude our college Director for his encouragement and valuable support towards us.
My project guide Ms.P.VINATHY,. has provided his valuable inputs as and when required. I thank him for his help and constant support.
I wish to place on record my gratitude to all the persons I have met during the data collection phase of my Project. Their inputs are indispensable.
Last but not the least I would thanks my friend for sharing the resources required for successful completion of this project.
B.RAJESH
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Name of Contents Introduction Objectives Methodology Company profile Data analyses Questionnaires Suggestions Conclusions biography
Page. no
Contents
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INTRODUCTION
The term media is a plural for medium. In advertising terms, medium is a channel of communication such as news channels, entertainment channels, news papers, magazines etc. A medium is a vehicle for carrying the sales message of an advertiser to the prospects. It is indeed a vehicle by which advertisers convey their messages to a large group of prospects and thereby aid in closing the gap between the producer at one end and the consumer at the other end. Media planning is a very important task in the advertising process, which deals about four Ws. 1. Where 2. What 3. Who 4. When Media planning involves selecting appropriate media for carrying the advertisers message to target markets, deciding what to buy and how much to spend in each medium and scheduling when the advertising is to run. Eighty percent of the budget paid to media. This, in it suggests how important media decisions are. Considering the extent and diversity of the Indian market, which is matched by a vast and diverse network of advertising media, the complexity of the media planning becomes apparent.
MEDIA TERMS:
Media Planning is a very important component of the Marketing Strategy of an organization. Media Planning is defined as "Process of designing a scheduling plan that shows how advertising time and space in selected media and vehicles contribute to the achievement of marketing objectives in an advertising campaign" . Media planning, in general terms, is a tool that allows the advertiser to select the most appropriate media to communicate the message in sufficient frequency towards the maximum number of potential customers at the lowest cost. * Medium: A medium is a carrier and deliverer of Advertisements. It is a broad general category of carries such as Newspapers, Television, Radio, Internet, Outdoor, Direct Mail, etc.
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* Vehicle: It is a specific carrier within a Media category. So a HY TV would be the vehicle in the category of TV. Many a time a specific programs or sections within a medium may be termed as a vehicle. For example, DAKSHINAYAN" on HY TV would be the vehicle in the Television category. * Frequency: How frequently are the recipients being exposed to message. In other words it is the average number of times an advertisement reaches each recipient in a given period * Continuity: The amount of advertising budget being allocated over the period. There are basic types of ways in which the advertising budget is allocated: Continuous Scheduling, Pulsing and Flightning. * Weight: The amount of total advertising is needed to accomplish advertising objectives. * Viewership: It refers to the number of people watching a given program. A viewer is a person who is watching the program. * Gross Rating points: The total audience delivery or weight of a specific media schedule is counted by working on the total number of viewers. However in media the information is gauged in gross rating points (GRP).for example if 75% of the people of our target market watched a commercial on television four times in a week, to determine the gross rating points, the following formula will be used: Reach*frequency=GRP 75*4=300GRP
Objectives of media planning: Grab Excite Create Prompt : ATTENCTION : INTEREST : DESIRE : ACTION
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that will direct advertising message to the right people, in the right place at the right time. It involves many decisions: i. ii. iii. iv. v. Where should we advertise? (In what countries, states, or parts of town) Which media vehicles should we use? When during the year should we concentrate our advertising? How often should we run the advertising? What opportunities are there for integrating other communications? Media objectives translate the advertising strategy into goals that media can accomplish. They explain who the target audience is and why. Where messages will be delivered and when and how much advertising weight needs to be delivered. In the initial stage of the product life cycle, the objective is to maximize awareness of it by consumers. At the maturity stage, continuity of the purchase becomes the main objective. During the declining stage of product use, the media remind the consumers that the product shall retain their appealing attributes. The media objectives are Reach, frequency and continuity respectively for the early, maturity and declining stages of the product lifecycle. The media objective is analyzed in the light of constraints and components. CONSTRAINTS:
The objectives are controlled by the budget available for Advertising. In the beginning, a significant amount is available; but at the later stage of the product life cycle, only a small proportion is allocated to advertising. The effect of budgeting on advertising has been acknowledged by every organization. The positioning of the product also influences the objectives. If the producer is willing to challenge the leader, he will spend more money on advertising. The range, Frequency and continuity will be effected by budget and positioning of the product.
COMPONENTS:
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Media objectives have different components, viz, specification of the target market, geographical location of the market, reach and frequency, continuity or timing, creative requirements and potential market coverage level.
Media Mix Combination of different media, and Which Media? Which Schedules? size of ads
Flexibility:
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MEDIA PLANNING PROCESS: When (the timing of the release) Which (The media selection) How (The coordination in media planning) How much (The budgetary allocation) MEDIA COST AND MEDIA AVAILABILITY: To get the most out of the advertising budget spent the primary concern for the advertiser is media selection. The cost of buying space or time is weighed against the number of audience secured by such advertising. In fact, buying advertising space and time is nothing different from buying commodities. The media availability is measured under the following heads: i. ii. iii. Distribution measurement (in terms of number of distributors in a geographical area) Audience measurement (Expressed in terms of TAM ratings) Exposure measurement the advertiser looks for the ability of the media to create advertising exposure.
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A. Media characteristics, such as editorial environment flexibility, frequency and durability. B. Nature of the target market. C. The nature and type of the product. D. The nature of the distribution network. E. Overall cost of the medium.
MEDIA SCHEDLING:
We can follow a steady schedule or a pulsed campaign. Normally scheduling is done for a 4 week period. The six types of schedules available are:
1. Steady pulse: It is the easiest. For example one ad/week for 52 weeks or one ad/month for 12 months. 2. Seasonal pulse: Products like Vicks balm, ponds cold cream follow this approach. 3. Period pulse: Scheduling follows a regular pattern for example media scheduling for consumer durables, non durables etc. 4. Erratic pulse: The advertisements are placed irregularly. Perhaps we want to change the typical purchase cycles. 5. Startup pulse: It is concentrated media scheduling. It launches a new product or a new campaign. 6. Promotional pulse: A one short affair it suits only a particular promotional team.
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Government policies: They play a vital role in the success of any economy and the Indian governments reforms and growth focused strategy is an attractive feature. FDI limits are an important aspect in this regard as it regulates the growth of the industry. Economic changes: The increasing disposable income and expanding urban class presents a huge untapped market for the media sector. With increasing personal income of the youth over the last decade has resulted in higher spending on media and entertainment. Social changes: There has been a steady increase in literacy levels which has boosted the demand for print media. With the socio-economic changes and electricity and technology everywhere, the people prefer to have their share of news through television. There has been a favorable change in the consumption pattern and this provides a great potential to broaden the customer base. Technical changes: With the changing pace of technology and the users are responsible for making India an outsourcing destination. The next boom could well be the Media sector. Also, an increasing convergence among the various media is bringing about a structural change in the industry.
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MEDIA BUYING:
This is the last step in the advertising process. First contract will be given to ad agency to design advertisement. Depending on the target market and product lifecycle the ad agency will decide the media for advertising. Generally electronic media is preferred over other media because the reach of electronic media will be high at the same time the budget required also will be high. Depending on the media vehicle which we have selected there may be a probability for negotiations. In television media advertiser will select the media vehicle depending on television audience measurement ratings. Media vehicles with high TAM ratings will demand more. Sometimes negotiation about the budget may not be possible. According to the inputs I got from the various ad agencies and clients, I found that most of the ad agencies prefer entertainment channels over infotainment channels. The revenues of entertainment channels will be high compared to infotainment channels. One more interesting thing there will be some friendly relationship among some ad agencies and media vehicles, which may lead to personal biasing. If a media channel have good relationship with ad agencies they can earn more from advertising. Every media channel will have prime time slots and normal time slots. They are going to charge high in prime time slots, sometimes Events like IPL, Film fare awards etc may happen, that time the time slots between the programs will become the primetime slots which increases the TRP ratings.
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Competition for that time slots will be very high that time negotiations will not at all possible. Recently we have seen this in IPL 2009 organized in South Africa.
According the information which we got in media sector in Andhra Pradesh Sun network is the market leader and Maa tv is the market follower. Negotiation is not possible in Gemini tv where as it is possible in Maa tv so most of the ad agencies prefer Maa tv unless the client demand for specific media vehicle. These two channels are ruling in entertainment region.
While coming to infotainment channels TV9 is ruling the market. It is the first 24*7 Telugu news channel in Telugu, when it has launched there were no similar player so it got the competitive advantage through language. For long time it is been like a monopoly. But now the equation has been changed, so many players with new technology and strategies are evolved into the markets.
Feel good media also followed the same strategy that TV9 has followed earlier; it is the first Hindi news channel in south operating in south itself (head quartered at Hyderabad)
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OBJECTIVES
To study the relationship among media planning, media buying and Advertising a specific product. To study how a company can get competitive advantage of the product through advertising. To understand how advertising is integrated with other promotional tools to create effective marketing communication plans. To know different types of media channels and its functions. To understand the importance of media planning in brand promotion.
Hypothesis:
H1: The importance of media planning for brand promotion is efficient in feel good Media. H0: The importance of media planning for brand promotion is not efficient in feel good Media. H1: Usage of different types of media channels for brand promotion in feel good media is efficient H0: Usage of different types of media channels for brand promotion in feel good media is not efficient.
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COMPANY PROFILE
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Hamar TV will capture an important regional language market - the Bhojpuri speaking people. Bhojpuri is not just the mother tongue but enshrines a heritage for many in Bihar, Jharkhand, Uttar Pradesh, Madhya Pradesh, West Bengal and Delhi, besides immigrants in countries such as Nepal, Mauritius and many countries spread through the 5 continents of the world that could number more than 18 crores. Positive Television has offices and television studios in Delhi, Mumbai, Calcutta, Hyderabad, Patna, Ranchi, Varanasi and more. POSITIVE TV has affiliate offices and studios in London and Los Angeles. NETV, NE Hi Fi and NE Bangla are also a broadcast affiliate of Turner International. Today, POSITIVE TV Media boasts of satellite, cable and internet carriage in more than 1 crore (10 million) homes in India alone besides tens of thousands of expatriates and others watching NETV, NE Hi Fi and NE Bangla real-time as a broadband Internet based live stream worldwide. NETV is today the largest and leading single platform for advertisers in the Northeast. There is no other media, print or television, in this region which can boast of an overwhelming statistic connecting all of northeast India television audience, i.e. 6.8 million homes. Feel good media - Hyderabad will fill a niche media void in the Greater Hyderabad metro area and target a lucrative 1 million potential population. The channel will deploy a successful dual-core strategy, as in the worlds developed markets, with programming for and marketing to a 21st century highly cosmopolitan audience with a fast-paced lifestyle.
Hyderabad is amongst the fastest growing metros, with not just a burgeoning 1,000,000 population, but also the most modern airport and a growing number of the biggestname MNCs in the world. Due to their culture and history, Hyderabad is are an exception in South India as they are extremely conversant with and use both English and Hindi languages. Constantly updated news and current affairs on and about Greater Hyderabad, interspersed with national and international affairs, in English and Hindi will give the Channel the edge over the otherwise Telugu only regional channels. And, with a strong network of correspondents in Hyderabad, Live DSNG vans, bureaus across the State and national connectivity, Indian and international networks will be hard pressed to compete with the Channel for the local audience. The channels infotainment shows will be world-class and modern, including very topical talk
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shows, exclusive interview-based features on lifestyle & entertainment, game shows, contests and interactive programs that drive audience interaction and therefore derive constant ratings. On a larger level, Feel good media - HYDERABAD will find a national and international audience that wants to inform and entertain themselves on and about Hyderabad. All these elements will help Feel good media, HYDERABAD leverage ratings and revenues. Thus, Feel good media, HYDERABAD incorporates all elements that satisfy the insatiable, discerning appetite of the target audience to make it the top choice of the local audience. Simultaneously, it will appeal to the regional, national and international advertiser.
The government was successful in passing the Conditional Access System (CAS) Bill in the last session of Parliament, which is expected to bring greater discipline to the market place. The CAS Bill primarily deals with the issue of lack of addressability the bane of the industry. Lack of addressability meant that broadcasters did not know the exact reach of their channels, while the LCOs earned a disproportionate share of the cable revenues by under declaring the households reached, to MSOs, ICOs and broadcasters. This is expected to change with the implementation of CAS in the four major metros from 14 July 2003. Fitch believes that, in medium to long term, the MSOs and broadcasters would be the biggest beneficiaries of the implementation of CAS, though in the near term they would be impacted due to low penetration of CAS and the consequent drop in advertising and subscription revenues. CAS, essentially comprising a set-top box (STB) and subscriber management software, helps track viewer ship
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accurately and makes the whole viewer-cable-operator-MSO/ICO-broadcaster chain completely transparent. With the initial penetration of CAS, gross rating points (GRPs) for most leading pay channels like Star, Zee and Sony is estimated to fall, which may translate into a drop in advertising revenues. In the next two years, Fitch estimates a substantial decline in the revenues of broadcasters due to slow penetration of CAS. However, if the broadcasters manage to price their channels competitively, such that the payout for consumers is maintained at current levels, they will be able to ramp up the penetration levels in the next 2-3 years, resulting in considerable gains. Thus, while there is short-term uncertainty about CAS, in the long run, Fitch expects that the broadcasters and MSOs would derive considerable gains from the implementation of CAS if the payout for consumers were maintained at current levels. Initial estimates suggest that CAS would be able to penetrate up to 30% of the metro households in the first year and up to 50% of the metro households in the second year of implementation. At 50% penetration, MSOs and broadcasters would earn additional revenues of Rs2-2.5bn each. However, since customer additions will occur over the full year, the benefit of these additional revenues would be spread over the period of next two years. Over a period of time, increase in penetration and negotiations with LCOs for higher share of revenues would lead to a further increase in revenues.
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The Gulf War, in 1990, gave further impetus to this industry. Some cable operators, who had been running their Hindi and English movie channels, added dish antennae and started relaying news programmers of CNN into homes. This spurred the demand for cable TV, making it a lucrative business and attracting more individuals to the industry. The launch of Zee TV further fuelled the spread of cable TV. From 1992 until date, the industry has grown exponentially from 412,000 subscribers to close to 39 mn in 2002, as per the National Readership Survey, representing a CAGR (compounded annual growth rate) of 50% per annum. This represents close to 17% penetration of cable TV in Indian households and 45% penetration in TV households.
With the growth in the number of subscribers, the industry also underwent a major change. Most of the international channels became pay-channels with digital and coded signals, which required higher investments in integrated receiver decoders (IRDs). At the same time, the quality of signals relayed by the local operators was poor. In order to address these issues and to meet the customer demand for larger number of channels, multi-system operators (MSOs) entered the industry. These MSOs had the backing of media houses and the funds to invest in higher quality cable infrastructure. However, since they did not have access to subscribers, they had to tie up with existing LCOs to reach the customers. MSOs like In Cable net (managed by the Hinduja Group), Sit cable (earlier a joint venture between the Promoter of Zee TV, Sub hash Chandra, and Star TV, now fully owned by Zee TV), Hathway Cable (owned by the Rajan Raheja Group, with a strategic stake by Star TV), Asianet Satellite Communications Limited (owned by the Rajan Raheja Group), Orel Communications, RPG Netcom (a company promoted by the RPG Group) and Sumangali Cable Network (SCN owned by Sun TV) control close to 30% of the industry in terms of number of subscribers. Most of the smaller towns are covered by ICOs, who function like MSOs. The only difference between an MSO and an ICO is that the ICOs reach is smaller and they do not invest in sophisticated technology like MSOs.
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The existing market shares of MSOs and ICOs are given in Chart 2.
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CHAIRMAN
ADVERTISEMENTS
SALES
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ADVERTISING:
As we know that advertising plays an important role in Marketing especially in electronic media. All the TV channels will generate revenues through Advertisements. So getting an advertisement is a big deal in any of the TV channels. As per our project Feel good media is an INFOTAINMENT channel which has been launched recently. At present they dont have subscription to TAM. Most of the Ad. Agencies go for TAM rating in selection of Communication Media. So let us see how an advertising agency works, how an advertisement works and how to attract the Ad Agencies.
INTRODUCTION:
Advertising is an effective method of reaching people with product information. Advertising is controlled, identifiable information and persuasion by means of Mass communication media. It is considered controlled information because it has use the Time, Space and content of the message effectively and economically. It is controlled because it is directed at a particular group.
OBJECTIVES:
The basic objective of the advertising is to increase the sales volume and profits. 1) To facilitate launching a new product or service or a new brand into the Market. 2) To create the awareness about the product or service. 3) To build up a goodwill. 4) To enter into new market segment for Market development.
FUNCTIONS OF ADVERTISING:
Advertising serves every sector of the business Society -Consumer, producer and middlemen (Agency and sales men).The various functions of the Advertising may be grouped into two classes - (1) Primary functions, and (2) Secondary functions.
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MARKETING OF AN ADVERTISEMENT:
After making the advertisement Marketing of the advertisement comes into picture. Advertisement will be designed depending on four Ps. 1. Product 2. Place 3. Promotion 4. Price
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Customers are the people or organizations who consume the products and services. They fall into three general categories: 1. Current customers 2. Prospective customers 3. Centers of influence
(2) MARKETS:
It is a group of current and prospective customers who share a common interest, need, or desire, who can use the specific product or service, and who are willing to pay for it. These markets are broadly classified into four types a. Consumer markets b. Business markets c. Government markets d. Global markets
(3) MARKETERS:
The third participation in the marketing process, marketers, includes every person or organization that has products, services, or ideas to sell manufactures market consumer and business products. Farmers market wheat; doctors market medical services; banks market financial products; and political organizations market philosophies and candidates. To be successful, marketers must know their markets intimately before they start advertising.
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Cultural factors
Social factors Personal factors Reference groups Cultural Age & Life cycle Psychological Occupation Family Economic Sub-cultural Circumstances Motivation Perception Learning Life style Roles & Status Social class personality & Self concept Beliefs and Attitudes Buyer factors
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Cultural factors:
Culture: Culture is the most fundamental determinant of a persons wants and behavior like set of values, perceptions, preference and behaviors through his or her family member. Sub culture: Sub culture includes nationalities, religious, racial groups and geographical regions.
Social factors: Social class: Social classes are relatively homogenous and enduring decisions in a society which are hierarchically ordered and whose members share similar values, interests and behavior. Social classes include upper class, middle class and lower class.
Reference groups: A persons reference group consists of all the groups that have a direct (face to face) or indirect influence on the persons attitude or behavior. This groups to which the person belongs and interacts.
Personal factors
A consumer decisions are also influenced by personal characteristics notably the buyers age & life cycle stage, occupation, economic, circumstance, life style & personality and self concept. Psychological factors
Motivation: A person has many needs at any given time. Some needs are biogenic. They arise from psychological states of tension such as hunger, tryst and discomfort. Perception: Perception is defined as the process by which an individual select, organizes intercepts information, input to create a meaningful picture of the world. Learning: When people act, they learn. Learning describes changes in an individuals behavior rising from experience, process of applying results of fast experience to evaluate a new situation or modify feature.
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Main Aspects:
Product ,Quality,Range,Praising
Creativity of the Advertisement: Either done by own production house or by an Media agency
Media agency is a bridge between Advertiser, TV channel and media agency company
In media agency key account t Manager Deals with client or Advertiser discuss about his ad film, campaign period and Budget.
Media Planner: He takes care of media channels list, programs, films, period of campaign, target audience.
Media Buyer: He deals with rate factor, channels, TRP based programs and finalize the deal then reports to key account manager. 36
Advertisers range in size from huge multinational firms to small independent stores and in type from service organizations to industrial concerns to political action committees. Assisting them in the second group The advertising agencies that plan, create, and prepare their clients ad campaigns and promotional materials. The third group the Media, sells time (in electronic media) and space (in print media) to carry the advertisers message to the target audience.
The last group, the suppliers includes the photographs, illustrators, printers, digital service bureaus, color film separators, video production houses, and other who assist both advertisers and agencies in preparing advertising materials. Suppliers also include consultants, research firms, and other professional services that work with both advertisers and agencies.
PEOPLE IN ADVERTISING:
When most people think of advertising, they imagine the copywriters and art directors who work for ad agencies. But the majority of people in advertising are actually employed by the advertisers. Most companies have an advertising department, if its just one person. The importance of the companys advertising department depends on the size of the company, the type of the industry it operates in, the size of its advertising program, the role advertising plays in the companys marketing mix, and most of all, the involvement of top management. Many people are involved in companys advertising function: a) Company owners and top corporate executives make key advertising decisions. b) Sales and marketing personnel often assist in the creative process, help choose the ad Agency. c) Artists and writers produce ads, broachers and other materials. d) Product engineers and designers give input to the creative process and provide information about competitive products. e) Administrators evaluate the cost of the ad Companies and help plan budgets. f) Clerical staff coordinates various advertising activities.
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ADVERTISING DEPARTMENTS:
Organization by Sub-function: Advertising department functions on the basis of sub-functions to discharge all the functions of advertising effectively and smoothly. ADVERTISING MANAGER IING MANAGER
CREATIVE
MEDIA
ADVERTISING RESEARCH
LAYOUT
COPY ART
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Different medias for advertising: The advertising manager is given the ultimate responsibility for managing advertising in all the media.
ADVERTISING MANAGER
PRINT MEDIA
BROADCASTING MEDIA
OTHER MEDIA
MAGAZINES
TELEVISION TEADVERTISI
OUTDOOR
NG MANAGER
NEWS PAPERS RADIO RADIOADVERTI TRANSIT
SING MANAGER
DVERTISING MANAGER
Organization by Product:
ADVETISING MANAGER
PRODUCT A
PRODUCT B
PRODUCT C
PRODUCTD
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ADVERTISING MANAGER
FINAL USER
INDUSTRIAL MARKET
INSTITUTIONAL MARKETS
AGRICULTURAL
STUDENTS STUSTUDENTSA
DVERTISING MANAGER
NATIONAL
INTERNATIONAL
NORTH REGION
SOUTH
WEST
EASTERN
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in this case, is the traditional marker between the media that pay a commission to the agency and the media that do not. Full-service agencies are also known as traditional advertising agencies for the client, wherein the client satisfies almost all their advertising or promotional needs with the same organization. This type of agency provides advertising services such as strategic planning, creative development, production, media planning, media buying, and other related services such as sales promotional, direct selling, design, and branding, etc.
Interactive agencies:
Interactive agencies may differentiate themselves by offering a mix of web design/ development, search engine marketing, internet advertising/marketing, or e-business/e-commerce consulting. Interactive agencies rose to prominence before the traditional advertising agencies fully embraced the Internet. Offering a wide range of services, some of the interactive agencies grew very rapidly, although some have downsized just as rapidly due to changing market conditions. Today, the most successful interactive agencies are defined as companies that provide specialized advertising and marketing services for the digital space. The digital space is defined as any multimedia-enabled electronic channel that an advertiser's message can be seen or heard from. The 'digital space' translates to the Internet, kiosks, CD-ROMs, DVDs, and lifestyle devices (iPod, PSP, and mobile). Interactive agencies function similarly to advertising agencies, although they focus solely on interactive advertising services. They deliver services such as strategy, creative, design, video, development, programming (Flash and otherwise), deployment, management, and fulfillment reporting. Often, interactive agencies provide: digital lead generation, digital brand development, interactive marketing and communications strategy, rich media campaigns, interactive video brand experiences, Web 2.0 website design and development, e-learning Tools, email marketing, SEO/SEM services, PPC campaign management, content management services, web application development, and overall data mining & ROI assessment. The recent boost in the interactive agencies can also be attributed to the rising popularity of web-based social networking and community sites. The creation of sites such as MySpace, Face book and YouTube have sparked market interest, as some interactive agencies have started
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offering personal and corporate community site development as one of their service offerings. It still may be too early to tell how agencies will use this type of marketing to monetize client ROI, but all signs point to online networking as the future of brand marketing. Due to the social networking explosion, new types of companies are doing reputation management. This type of agency is especially important if a company needs online damage control. If a customer becomes disgruntled, it is very easy to damage a companys reputation over social networking sites. Because of how rapidly the information spreads, it becomes absolutely necessary to address any rumors, gossip or other negative online press immediately. Examples of interactive agencies include, R/GA, AKQA, Big Spaceship, Agency net, Firstborn Interactive, Odopod, eROI, and EVB, among others. Tradigital agencies:
Tradigital agencies are advertising agencies who are experts in both traditional and digital advertising They offer the best of both worlds and are very useful in todays digital age where all campaigns now require both online and above-the-line advertising. These agencies often buy out digital agencies. Now more than ever traditional agencies are looking for a door into the digital world. They are often the only way to extend your brand across all the numerous mediums of todays markets. Search engine agencies: Lately, search engine marketing (SEM) and search engine optimization (SEO) firms have been classified by some as 'agencies' because they create media and implement media purchases of text based (or image based, in some instances of search marketing) ads. This relatively young industry has been slow to adopt the term 'agency', however with the creation of ads (either text or image) and media purchases; they do technically qualify as 'advertising agencies'. Recent studies suggest that both SEO and SEM are set to outpace more traditional channels of media spending over the next 3-5 years.
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Social media agencies specialize in promotion of brands in the various social media platforms like blogs, social networking sites, Q&A sites, discussion forums, micro blogs etc. The two key services of social media agencies are:
Other agencies: While non advertising agencies, enterprise technology agencies often work in tandem
with advertising agencies to provide a specialized subset of services offered by some interactive agencies: Web 2.0 website design and development, Content Management Services, web application development, and other intuitive technology solutions for the web, mobile devices and emerging digital platforms. HOW AGENCIES GET CLIENTS: To succeed, ad agencies need clients. New clients come from personal contact with top management, referrals from satisfied clients, publicity on recent successful campaigns, trade advertising, direct mail, or by agencys general reputations. A. Referrals. B. Presentations. C. Networking and community relations. D. Soliciting and advertising for new business. THE CLIENT - AGENCY RELATIONSHIP: Just as people and product have lifecycles, so do relationships. In the advertising business, the lifecycle of the agency-client relationship has four distinct stages. A. Pre relationship stage. B. The development stage. C. The maintenance stage.
D. Termination stage. 45
The following are the factors affecting the client-agency relationship. A. Chemistry. B. Communication. C. Conduct. D. Changes. BASIC PRINCIPLES OF CLIENT-AGENCY RELATIONSHIP: These principles are: i. ii. The agency alone is responsible for payment to the media. The agency doesnt allow any cut from the commission received from the media to go to the client. iii. The media do not discriminate amongst the agencies dealt with, and fallow a uniform policy for all agencies. iv. The media do not alter the advertising material without the prior consent of the agency.
VARIOUS DEPARTMENTS IN AD-AGENCY: i. ii. iii. iv. Account planning. Account management. Creative services. Media services.
The objective of media planning and advertising is to get the attention of more number of people. So most of the ad-agencies and clients goes for electronic media.
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The increase in viewership rate and development of technology opend the gates for ad-agencies to enter into electronic media, simply we can say that emerging technology has changed the face off print and other media to electronic media.
COMPONENTS OF COMMUNICATION PROCESS:
SOURCE:
Generally the encoder, sponsor, advertiser or sales representative is known as source. The source is the sender of message. MESSAGE:
It refers to the content of the communication. It may include words, pictures, symbols, order etc., PERCEPTION:
It is an important factor in communication process. The message can be perceived by the receiver according to his nature and culture, its attention, interest, desire and action. The attitude and the desire of the sender also influence the perception level. CHANNEL:
The message carried through some channel-a news paper, magazine, or television from the sender to the receiver. The channels are known as media. Television influencing the sense of sight and sound is considered one of the most effective channels of the communication. RECEIVER:
The receiver is the target audience. Therefore advertisers should evaluate the graphics of the audience. Values, attitudes, product, experience and responses are considered to design communication process.
FEEDBACK:
Feedback is an essential factor in making communication more effective. It indicates how the communication process is working. The receivers may provide feedback on their needs, knowledge, cultural systems, attitudes and communication skills.
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OBJECTIVES
To study the relationship among media planning, media buying and Advertising a specific product. To study how a company can get competitive advantage of the product through advertising. To understand how advertising is integrated with other promotional tools to create effective marketing communication plans. To know different types of media channels and its functions. To understand the importance of media planning in brand promotion.
Hypothesis:
H1: The importance of media planning for brand promotion is efficient in feel good Media. H0: The importance of media planning for brand promotion is not efficient in feel good Media. H1: Usage of different types of media channels for brand promotion in feel good media is efficient H0: Usage of different types of media channels for brand promotion in feel good media is not efficient.
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RESEARCH METHODOLOGY
RESEARCH DESIGN Research design is actually the blue print of the research project and when implemented must bring out the information required for solving the identified problems. The research design depends upon the depth and extent of data required the cost and benefits of research, the urgency of work and the time available for completing it. The research indicates the method of research (i.e. sampling etc) only. Research design is mainly of three types:i. Exploratory Research ii. Descriptive Research iii. Experimental Research Exploratory Research: Exploratory study can be used to establish priorities. The major emphasis is on the discovery of ideas and insights. It helps in formulating hypothesis for further research
Descriptive Research The Descriptive study is typically concerned with the determining Frequency with which something occurred or how two variables vary together. It is guided by an initial hypothesis. Experimental Research: Experimentation is defined as a process where event occur in a setting at the discretion of the experimenter and controls are used to identify source of variation in the subjects
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Survey done on Ad agency, Clients and Audience directly on a one to one basis via a questionnaire by taking a sample size on the basis of demographic segmentation.
Sampling may be defined as the selection of an aggregate or totality on the basis of which a judgment or inference about the aggregate or totality is made. In other words it is the process of obtaining information about an entire population by examining only a part of it. In most of the research work and surveys, the usual approach happens to be to make generalization or to draw inference based on samples about the parameters of population from which the samples are taken. The researcher quite often selects only a few items from the universe for his study purposes. All this is done on the assumption that the sample data will enable to estimate the population parameters. The items so selected constitute what is a technically called a sample, their selection process or technique is called sample design and survey conducted on the basis of sample is described as sample survey. Sample should be truly representative of population characteristics without any bias so that it may result in valid and reliable conclusions.
Above paragraph deals with random Sampling, keeping in view the finite populations. But what about random sampling in context of infinite population? It is relatively difficult to explain the concept of random sample from an infinite population. However, a few examples will show the basis characteristics of such a sample.
Cluster sampling
Cluster sampling involves grouping the population and then selecting the groups or the clusters rather than individual element6s for inclusion the sample. If the totally area of interest happens to be a big one, a continent way in the sample can be taken is to divide the area into a number of smaller non overlapping areas and then to randomly select a number of these smaller areas, (usually called clusters) with the ultimate sample consisting Of all (or a sampling of ) Units in these small areas of clusters. Cluster sampling, no doubt reduces cost by concentrating surveys in select clusters. But certainly it is less precise than random sampling. There is also not as much information n number of observations within cluster as there happens to be inn randomly drawn observations. Cluster sampling is used only because of the economic advantage it drawn possesses; estimates based on cluster samples are usually more reliable per unit cost.
Primary Data
Primary data is a data gathered for the first time by the researcher.
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Collection of primary data task is demanding and requires a lot of technical expertise. Primary data can be collected in marketing by three basic methodso Survey Method o Observation Method
Survey is the most commonly used method of primary data collection in the marketing research. Various kinds of survey techniques are. a. Personal interview b. Telephone Survey c. Mail Survey The instrument used in personnel interview is questionnaire. Secondary data
Secondary data means data that are already refer to the data which have already collected and analyses by someone else. When the researcher utilizes secondary data that he had to look into various sources from where he can obtain them. In this case he is certainly not confronted with the problems that are usually associated with collection of original data. Various books, magazines and news papers. Reporters and publication of various businesses. Reports prepared by research scholar and in different fields. Records and statistics data.
The following characteristics must be possessed: 1. Reliability of data 2. Suitability of data 3. Adequacy of data
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INTERVIEW METHOD
In the interview method of collecting data involves presentation of oral/verbal stimuli and reply in terms of oral/verbal responses. This method can be used through the interviews and if possible, through telephone interviews. Personal interview Personal interview method requires a person know as the interviewer asking questions generally in a face to face contact to the other person or persons. (At the time the interviewee may also ask certain questions and interviewer responds to these, but usually the interviewer initiates the interview and collects the information) This sort of interview may be in the form of direct personal investigation or it may be indirect oral investigation. In case of direct personal investigation the interviewer has collect the information personally from the sources concerned. He has to be the spot and has to meet people from whom data have to be collected. This method is particularly suitable for intensive investigations. The method of collecting information through personal interviews is usually carried out in a structured way. As such we call the structured interviews. Such interviews involve the predetermined questions of highly standardized or recording. Thus, the interview in a structured interview follows a rigid procedure laid down, asking in a form of order prescribed
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* Out of 200 Audiences only 160 are responded to the questionnaire. TV 9 ETV TV5 NTV T NEWS(Telanga) OTHERS you like to watch? 42 35 27 18 23 15 1. Wh ich new s cha nne l do
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RESPONDENTS
45 40 35 30 25 20 15 10 5 0 18 15 RESPONDENTS 27 23 42 35
ANALYSIS: In the above graph we observe that the 42% of people watching TV9, 35% of people watching ETV, 27% of people watching TV 5,23% of people watching TNEWS,18% of people watching NTV, 15% of people watching OTHERS.
INTERPRETATION: 2-3 lines It can be inferred that most of them watch TV9.
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TIME
RESPONDENTS IN %
NIGHT
50%
MORNING
25%
MID DAY
12%
EVENING
13%
RESPONDENTS IN %
13%
12% 50%
25%
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ANALYSIS: In the above pi chart it is observed that 50% of people response that they watch TV in Night, 25% of people watch TV in morning, 12% of people watch TV in mid day,13% of people Watch TV in evening,
INTERPRETATION: It can be observed that most of them watch during night times.
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* one point is given for each person opinion Attributes Total ranking points Ranking preference
65 45 37 13
70 60 50 40 30 20 10 0
65
45 37
13
Content
Brand name
Quality
Others
ANALYSIS:
When asked the respondents about the purchasing preference in ice-creams 1st preference they given for content with 65 points. 2nd preference they given for brand name with 45 points. 3rd preference they given for Quality with 37 points. 4rt preference they given for others with 13 points.
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INTERPRETATION: It can be known that most of the people purchasing preference is according to the content of the product.
4. How do you feel about the Programs of Feel Good Media ?
Respondents in %
10%
24%
66%
ANALYSIS: From the above it known that the opinion of the people about Feel Good Media programs are 66% Average,24% Good,10% Very good.
INTERPRETATION: It is inferred that most of the fell that the programs are average which are done by the Feel Good Media ltd.
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1. What is your opinion on the Feel good Media Satisfaction level Very high High Reasonable Low Respondents in % 4% 20% 48% 28%
Respondents in %
4% 28% 20% Very high High Reasonable Low
48%
ANALYSIS: From the above it is observed about the satisfactory levels of Feel Good Media there opinions are as follows 48% of the Customers Feel Reasonable, 20% of the customers feel highly satisfied, 28% of the Customer Feel Low, 4% of the customer feel Very high. INTERPRETATION: It can be inferred that most of there opinion is that they feel responsible of the programs of Feel Good Media ltd.
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2. Which Type of Programs you like more? Programs Serials Sports Current affairs(News) Movies Respondents in (%) 29% 17% 37% 17%
RESPONDENTS IN%
ANALYSIS: From the above pi chart it is known that the programs the people like more are as follows -37% is Current affairs, 29% is serials, 17% is sports, 17% is movies. INTERPRETATION: It is inferred that most of them like the programs is Current affairs(News).
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7. What is your opinion on the availability of Feel good Media ? Opinion on the availability Very Frequent Frequent Rare Not Available Respondents in(%) 12% 20% 41% 27%
Repondents in %
12% 27% Very frequent 20% Frequent Rare Not available 41%
ANALYSIS: From the above it is known that When asked the Customers about the Availability of Feel
good Media 20% of the people responded for frequently available, 41% for rarely Available in the market, 12% for Very frequently available, 27% of the people responded for not available.
INTERPRETATION: It is inferred that the availability of Feel Good Media is Rarely available.
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8. Will you suggest your friends, Relatives, Neighbors to watch Media Planning ?
Suggest
No of Respondents (%)
Yes No
55% 45%
ANALYSIS: From the above it is known that about that they suggest to their friends, relatives, neighbors of watching Media planning is 55% of the customers are like to suggest this Channel , But 45% of the respondents are not like to suggest this channel .
INTERPRETATION:
It is inferred that most of them are willing to suggest to their friends, relatives, neighbors to watch media planning.
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9. Are you looking for new Creative programs? New Programs Yes No No of Respondents (%) 72 28
80 72 70 60 50 40 30 20 10 0 28 YES NO
Respondents in %
ANALYSIS:
From the above pi chart it is known that about the people looking for new creative programs - 28 % of the respondents are satisfied with the Available Programs, 72% of the respondents are asking for new creative programs.
INTERPRETATION:
It is inferred that most of them are looking for the new programs.
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10. Can you recall punch line of Feel Good Media? (Feel the pulse)
79%
No
YeS
21%
No of Respondents in (%)
ANALYSIS:
The study shows that 21% of the respondents were able to recall the Punch Line of Feel good media, But 79% of respondents are for No Recalling the Punch line of Feel good media.
INTERPRETATION: It is inferred that most of them are not willing to recall the punch line (Feel the pulse) of Feel Good Media.
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QUESTIONNAIRE
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suggestions
1. It has been observed from the study that more importance is given to Place the channel at cable operators, MSO and ISO. But failed to create awareness among the people about the channel, when survey is done most of the people responded that they dont know about the channel. 2. It has been observed that most number of respondents are not aware of the available programs of Feel good media . So advertisement should be based on the programs.
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3. In most of the rural areas Feel good Media is not available. So improve the distribution channels in the rural areas. 4. It is more important to attract MSOs to improve the distribution levels, as a newly launched channel first of all increasing distribution is a big task, because operators will demand more money to place the channel. 5. Introduce more number of varieties in the Programs and increase the duration of existing successful programs to attract the Audience. 6. The competitors are providing special programs on hot topics like IPL, Elections, Top educational institutions etc. Feel good Media is not too good in these types of programs. 7. As the level is main competitors in media industry, there is a need to focus on competitor analysis and to take decision to get competitive advantage.
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CONCLUSION
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1.
On the basis of analysis, respondents given first preference to Content, so to attract the audience good content should be there.
2.
On the basis of analysis, it is found that its competitors are using new strategies to attract audience but Feel good Media is lagging behind in creative programming.
3. 4.
Most of the people are not aware of the Feel good Media . Ad agencies look for TAM ratings to give Ads but Feel good Media have not subscribed to TAM yet.
5.
Nearly 50% of the respondents are showing interest to watch Telugu channels, second preference is English, and very few respondents are watching Hindi channels.
6.
Very few number of respondents responded that they are satisfied with existing programs; more number of respondents are looking for creative programs.
7. 8.
The Audience wants to improve the distribution channels in the rural areas also. Nearly 80% of the Audience are unable to recall the punch line (feel the pulse) of good Media . Feel
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1.How will you get more clients? a. Reputation b. Reference c. Personal contacts d. Past Record 2. How will you design an advertisement? a. By Product b.By Brand name c. Clients demands d. Target audience 3.How will you select media vehicle? a. By Product b.By Brand name c.Clients demand d. Target audience e.Depending on Budget
4. Which type of media vehicle would you prefer most of the times? a Electronic media b. Print media c. Radio d. Other media
a. TAM rating b. Personal relationship c. Clients demand d. Negotiation QUESTIONNAIRE FOR CLIENTS: 1. How will you select the Ad agency? a. Reputation b. Reference c. Personal contacts e. Past Record 2. How you would like to design an advertisement? a. By Product b.By Brand name c.Ad agency suggestions d. Target audience 3.How will you select media vehicle? a. By Product b.By Brand name c. Target audience d.Depending on Budget 4. Which type of media vehicle would you prefer most of the times? a. Electronic media b. Print media c. Radio d. Other media 5. How will you estimate the standards in electronic media?
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a. TAM rating b. Personal relationship c. Audience Survey d. Research institutions 6. How will you decide the Frequency? a. By Product b. By Brand name c. Target audience
1. Which kind of channels would you like to watch? a. News channels b. Entertainment channels 2. Which kind of programs would you prefer to watch? a. News b. Movies c. Serials d. Sports
3. At what time you feel comfortable in watching TV? a. Morning time b. Afternoon time c. Evening time d.Night time
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4. Which language channels generally you prefer? a. Telugu b. Hindi c. English d. Others. 5. How you feel about the advertisements in TV channels? a. Good b. Bad c. Disgusting d. Nothing 6. Would you like to switch over the channel when advertisement comes? a. Yes b. No 7. Do you think creative ads can attract the audience? a Yes b. No 8. How many ads you watch every day? 1. Four 2. Five. 3. Six 4. More than 9. How many of them can you remember while buying the product? a. Very few b. Few c. All d. No one 10) what makes you to remember the product information whole purchase? a. Theme b. actor c. color d. none.
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BIBliOGRAPHY
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BIBLIOGRAPHY
Books referred 1) Principles of marketing 2) Consumer behavior --------------------Philip kotler & Gray Armstrong Leon.G.Schiffman Leslie Lazar Kanuk 3) Marketing research ----------G.C.Beri
4) Modern advertising management---- J.N.JAIN, P.P.SINGH Journals & Magazines Business World Business Today Advertisement & Marketing Websites: www.thesmartmanager.com www.network18.com www.indiainfoline.com www.trends-in-newsrooms.org
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