CPM (cost per thousand) has long been the standard metric for identifying the reach of an online media buy. Insiders say that is changing. New technologies and consumer behaviors are informing the way media planning and buying works.
People desire more personalized content, and traditional media is dispersing information in new, innovative ways. Cable networks, magazines, newspapers, blogs, etc. now service small, energetic offshoots of consumers, something that didn’t exist at the origin of CPM.
Audiences are splitting into smaller, but more engaged groups of like-minded individuals that advertisers can specifically target to. This is where the CPM model starts to break down, as focus on audience size becomes irrelevant.
A different approach, CRM Media Planning, uses research and data to inform and fuel advertising campaigns. It’s about customer relationship management (CRM), powered by personal details, evaluated on the relevance of the message, not just on how many eyeballs saw it.
Much to the delight of clients, shifting to this new approach will allow for more measurement of results. The key to any marketing campaign is determining if it is working, and making adjustments along the way for the best ROI. CRM bundles customer response right into into the process. It also sources analytics from all media channels, opening up previously unknown venues.
For more details on CRM Media Planning visit Mediapost.com.





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