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Madison
has developed a unique Town and Country (T&C) framework, a
set of tools and guidelines that are aimed at assisting advertisers
harness the potential of small towns and large villages.
The framework starts with market prioritisation and identifies
media options for the selected market.
Some of the key highlights of the approach are:
T&C framework clusters markets based on Market attractiveness.
Market attractiveness is estimated for a product category
by considering social, cultural, economical and media factors.
Once the markets are prioritized, T&C framework suggests media
options that are best suited for a market and also minimizes
media wastage, increasing Media RoI (return on investment).
The agency's experience with T&C frameworks indicate that
there are dramatic differences in markets prioritized and
suggested media options between T&C framework and conventional
techniques.
On the premise that T&C markets have not been as intensively
studied, Madison employed its proprietary framework M:Cube
(Madison Media Multiplier) to understand the T&C markets.
M:Cube helps in prioritizing markets by studying the relative
attractiveness of a market by quantifying the potential responsiveness
to marketing and media inputs. Simplistically speaking, M:Cube
helps in identifying the lowest lying fruit and the most cost
effective way to grab the fruit. The culmination of the study
was the formulation of Madison T&C framework, which guides
media planners through the entire process of media planning
to harness the potential of T&C markets, says the agency.
As the reach of the press in T&C markets is low (barring the
southern state of Kerala), the skew towards TV is obvious
in these markets, says Madison. The Madison T&C framework
identified three key characteristics to represent market attractiveness
- accessibility, awareness and affordability, as the framework
does not encourage a 'one size fits all' approach. In general,
terrestrial transmission and regional language programming
is popular in T&C markets. However, planning for C&S homes
in T&C markets is a challenge as most TV sets in T&C markets
cannot receive more than eight to 11 channels. Media planners
need to consider data regarding availability of channels in
prime band before finalizing C&S channel options, says Madison.
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