What is Media Buying?
Whether you are a business owner or work in an organization’s marketing department, media buying is one of the aspects of marketing that you need to pay attention to. Engaging in this effective tactic will enable you to get more bang for your back on your marketing campaigns and ads to reach your targeted audience. So, what is media buying?
Firstly, you need to understand that media in the marketing and advertising context has two spaces, traditional media, and new media. Traditional media represent radio commercials, television commercials, print ads in magazines, and marketing letters sent to your mailbox.
On the other hand, new media represents online advertisements that you can find on Facebook, Twitter, Pandora, and other websites.
As a business, it can be challenging to come up with the perfect marketing plan for your brand and its product. Media buying is undertaken by media buyers and involves creating recipes for the perfect marketing plan for you. Media buyers have worked with numerous vendors in numerous industries creating for them perfect marketing strategies. They leverage their experience and expertise to inform you what your marketing strategy needs to be to succeed. The marketing strategy the media buyer will help you develop will take into consideration your target audience demographics and your marketing bottom line.