Media buying offers solutions to queries like:
“Which ad will be perfect for my customer, so that he purchases my product?”
“When should I post the ad?”
“Where should I place the ad so that it catches the fancy of the potential buyer?”
“Which channel should I use for the ad? Whether I should put up the ad only on one channel or several?”
Consumers in the digital world access your message from different media channels. It is highly likely that an advertisement or content for which you have spent money as well as time goes unnoticed. The advertisement or content should reach the target population and that is why strategic media buying is important.
As per Wikipedia, Media buyers negotiate and purchase audience targeted time and advertising space to convey a marketing message. Various factors need to be considered in order to choose the appropriate media. Some of the key factors are demographic orientation of the target population, type of media (radio, internet, TV, print), etc.
Advertising is evolving from a linear, direct response formula for a passive viewer/listener, to an active participant, non-linear, interactive &highly targeted advertising. The advertisement landscape has become demographically diverse. In order to get proper results from media buying, one needs to be conversant with media buying tools like, Online advertising research tools (likeAlexa), Online advertisement competitive tools (like MOAT), etc.
Given the complexities of media buying it is important to hire a professional for a customized approach. We at RedberriesDigital Marketing, Dubai will help you with the perfect media buying strategy for your business needs, saving you time & money.
Overall benefits that our media buying campaign would provide:
- Better pricing strategy
- Cost saving on media and services
- Better balance between supply and demand
- Better visibility into media buying, campaign performance
- Improvement in online ad response
- Increase in revenue and return on investment (ROI)
- Reduce risk while venturing into new media
A study revealed that 63% of advertisers report either no insight at all or only high-level reports of digital media spend from their agencies (Source: AudienceScience)