In: Accounting
National TV
Digital Campaign
Consumer or Trade Promotion
Please allocate $10 million dollars for the advertisements in the below graph? This is the complete question, just need the $10 million allocated based on different media platforms throughout the year. Not a graded assignment, Please allocate the $10 Milliob
Sample Media Schedule and Budget |
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TV |
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Digital / Social Media |
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Monthly Media Costs |
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For allocation of 10 Million on diffrent media platform. We need to design a strategy so that we will cover all media platform throughout the year within budget of 10 Million.
1. National TV - First we need to allocated budget for $500,000 in January to produce commercial execution. As commercial execution is required to telecast. It is better to show 30 seconds every month. So cost will be January $700,000 & subsequent month $200,000
2. Digital Campaing - We will allocate $1,000,000 in January for Social Media and $50,000 for iphone in January & $50,000 for android in January. So that on spending of 1,100,000 will get benefits throughout the year.
3. Print - We will spend $500,000 every month so that we will spend $6,000,000 & get benefit throughout the year.
Sample Media Schedule and Budget | ||||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
TV | 700,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 | 200,000.0 |
500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | 500,000.0 | |
Digital / Social Media | 1,100,000.0 | - | - | - | - | - | - | - | - | - | - | |
Monthly Media Costs | 2,300,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 | 700,000.0 |
Total budget | 10,000,000.0 |