The heart of Times Square highlighting all of the different types of media advertising

Media Buying – Choosing The Right Media For Your Business

When you think of an advertising team, you probably picture a group of writers, artists, and account executives huddled around a conference room table. As creatives, we can spend all day creating ads, but what’s the point if they’re not seen by the right people? That’s where the media buyer comes in. Media buyers are an integral part of an agency’s success as their job is to understand the client’s goals and target the right audience on the right advertising platforms. Without the media buyer, your message can easily get lost in the static.

What Does a Media Buyer Do?

Media Buyers plan and negotiate buys for various clients. They work with other departments to better understand the client’s marketing goals and the target audience for the advertising. With this information, the media buyer will purchase ad space where the target audience will respond, engage, and buy the company’s products or services. They are knowledgeable in all aspects of media, including television, radio, print, billboard, digital, and OTT. By knowing the different areas of media, the buyer helps choose the right medium that would give the client the best return on investment (ROI) for their advertising dollars.

Look At Where Your Competitors Are Advertising

The media buyer takes several things into consideration before making recommendations on where you place your hard-earned advertising dollars. This includes looking at your competitor’s ad placement and ways to outshine and outperform what your competition is doing so you capture more market share.

Fine Tune Your Message With Consumer Analysis

It never hurts to do research, especially when you’re marketing your brand to consumers. Trends and buying habits change over time, and it is the media buyer’s job to make sure your message is seen in relation to their interests. If your target audience is a part of the generation Z demographic, buyers must look into their buying habits and current trends that could help your brand stand out.

Which Medium is Right For You?

With several different places to advertise, the media buyer has many outlets to choose from to get your message out there. Depending on the marketing strategy, the buyer may decide on television, print, radio, digital, or billboard spots. Each with their own benefits, including:

Television: Can deliver a message visually and audibly with a low cost for viewing
Radio: Provides an outstanding reach, frequency, and ability to expose the listener to build awareness
Billboard: With placement along freeways, it provide a high reach and visibility
Digital: Digital advertising has strong targeting capabilities that will provide brands a more efficient way of delivering their message to their audience
Print: This medium benefits from a highly engaged audience, which may translate into action

By combining research, analytics, and strategy, the media buyer will ensure your ad reaches the proper audience, engages with them, and gets your audience to buy your product or service.

Make Your Brand Stand Out With ON Advertising

In today’s digital world, there are several ways brands can stand out amongst your competitors. At ON Advertising, we work closely with our clients to ensure their brand is front and center. Advertising is a strategy, and knowing when and where to buy takes an experienced media buyer. Contact us today to get started.

How to Prep Your Firm for AI Marketing

Why You Should Be Looking at AI Marketing:
Faster Decisions- With AI, systems can look and analyze a large pool of data quickly and make snap decisions based on what the data says. It can learn algorithms and identify relationships of consumer preferences with limited human management meaning businesses can make media-buying decisions promptly without having to analyze the data themselves.
Advanced Personalization- With the plethora of ads out there, consumers are more likely to engage in them when it is personalized to their wants or needs. AI can assist with that with predictive analytics. Tracking buying behaviors and customer searches, data can be used to help produce content that is more tailored to consumer preferences.
Better Customer Service- With effective chatbots, customers can get the help they need faster, and more efficiently. For example, Sephora was one of the first companies to have a chatbox on their website. They have increased customer satisfaction by having the capability to serve more needs with quicker response time.

What Lies Ahead in AI Marketing?

Improved Data Collection- Although AI has advanced data collection capabilities right now, there is always room for improvement. With growing technology, AI will be able to handle more amounts of data to identify specific relationships. Improving everything from consumer targeting, to better content.
More time to be Creative-The one thing AI cannot replace is human creativity. With AI taking care of all the grunt work, it leaves you and your business more time to focus on the fun side of marketing: creativity. Marketers are excited about having AI systems within their work because it is not threatening their jobs, it is enhancing their work.
Salesforce.com has reported 51% of marketing leaders use AI and in the next two years, 27% more companies will be using it. To learn more about AI marketing or how to get started, click here.