FAQs
Industry FAQ
Media Buying | Media Buying |
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Media Buying in general is the same concept across different verticals of advertising. It is the process of buying and selling of advertising space. Each of the verticals in advertising, Television, Radio, Print and Outdoor Adverting, have a distinct buying behavior and terminology. Many accounts executives in agencies and marketing firms are classically trained in Universities and Colleges around the world. There are not many schools spending sufficient time for the behaviors and advantages for the specifics when buying of outdoor media. One suggestion for anyone that is interested in a refresher or is a junior account executive should take the time to review the Media Buying Academy. There are also dedicated schools to the media buying of internet and online advertising.
One of the great things about Outdoor Advertising Trade Shows and Conferences is that you build relationships and learn of new companies. Most of all it brings a sense of commerdarity between vendors and media buyers. Junior account executives should be sent to these events for a quick whirlwind interview with hundreds of Outdoor Media Companies. The effect would enhance the overall product awareness and introduction, and interview with each of the outdoor media vendors. With as many time restraints as media planners and buyers are under to be competitive, result oriented and squeeze creativity out of every campaign, time is limited. New outdoor media companies try diligently to sit with media buyers to share new concepts and ideas of marketing. You would have to dedicate a single person whose sole purpose is to interview to meet the demand. Through these interviews you will learn of new nuances or cues on what a company's product and service offer as advantages for an ad campaign. Combined with the creative minds of advertising agencies and creative houses can create never thought of combinations to target audiences. This is the main purpose and function of the great Media Buying Services of our time. Media buying services are specialized services that not only know the basic knowledge of outdoor advertising, but typically have extensive knowledge on how to utilize the outdoor options. More is written about this topic in the Media Buying Service article. Outdoor media buying is a skill, like any other vertical. You will perform your best when you have all the tools available. Solid research into the demographic make up of a city, popular attractions and events, major public transportation routes. You will need to understand the battle ground for your advertising assault. After you have surveyed the landscape, and have identified your target audiences you will need to know what outdoor media companies are able to provide advertising in that market. Learn as much as possible in the shortest amount of time and make educated decisions based on research, results calculation, budget restraints and above all creativity. "A cookie cutter program year after year will produce cookie cutter results." Great Outdoor Network.com offers an extended variety of services and educational resources for companies interested in outdoor advertising options. Our staff and experienced professionals from our industry assist us with the delivery of quality information freely to media planners and buyers. Our media management tools on Outdoor Media Zone can assist you in the tracking of your outdoor media campaign. Let the GreatOutdoorNetwork.com assist in the success of your next out of home advertising campaign. Great Outdoor Network.com is a B2B Network for the outdoor industry. |
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