Brand Media Strategy: Lesson 1 Goals

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Questions and Answers

Why does the text suggest that cutting advertising can improve a company's profitability?

  • To meet the company's objective of improving profitability (correct)
  • To align with the CFO's budgetary concerns
  • To reduce expenses on unnecessary campaigns
  • To increase efficiency in marketing strategies

What is highlighted as the most important question to start the communications planning process?

  • When to launch the advertising campaign
  • Who to target with the advertising
  • Why to advertise in the first place (correct)
  • How to develop advertising solutions

What is one of the biggest challenges to marketers according to the text?

  • Developing solutions and plans for advertising
  • Measuring the effectiveness of ad campaigns
  • Setting aside appropriate budgets for marketing
  • Gaining support from chief executive officers and chief financial officers (correct)

What percentage of a company's expenses do marketing budgets generally range from?

<p>1% to 10% (C)</p> Signup and view all the answers

What does Joe Marchese suggest is forcing marketers and agencies to reevaluate their advertising practices?

<p>The new social media reality (A)</p> Signup and view all the answers

What are agencies good at?

<p>Recommending and developing solutions and plans (B)</p> Signup and view all the answers

What is one of the key foundations of Brand Media Strategy discussed in the text?

<p>Setting communication goals based on outcomes (B)</p> Signup and view all the answers

Why do communications planners tend to overuse certain media metrics according to the text?

<p>Because they are easy to measure (B)</p> Signup and view all the answers

How do overreliance on outputs such as reach and frequency impact budget approvals?

<p>They risk chief marketing officers not approving budgets (D)</p> Signup and view all the answers

What was the original purpose of most media metrics mentioned in the text?

<p>To guide the effectiveness of trading or pricing terms (C)</p> Signup and view all the answers

In today's media landscape, how many different media channels do media programs typically consist of?

<p>Four to ten (A)</p> Signup and view all the answers

Why is it important to focus on outcomes rather than outputs according to the text?

<p>To explain how the communications strategy contributes to marketing ROI (C)</p> Signup and view all the answers

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