Course Title: Perform media calculations

Part B: Course Detail

Teaching Period: Term1 2012

Course Code: MKTG5829C

Course Title: Perform media calculations

School: 650T TAFE Business

Campus: City Campus

Program: C4228 - Certificate IV in Marketing

Course Contact : Tim Wallis

Course Contact Phone: +61 3 9925 5423

Course Contact Email:timothy.wallis@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Course Contact

Peter Lawrance

Course Contact Phone

+61 3 9925 5661

Course Contact Email

peter.lawrance@rmit.edu.au

Nominal Hours: 40

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

None

Course Description

This unit applies to individuals in an entry level position in a media buying role within an advertising team or media organisation who conduct media calculations to provide quantitative analysis of the effectiveness of advertisements.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBADV405A Perform media calculations

Element:

1. Evaluate advertising media budget

Performance Criteria:

1.1. Research and define media terminology
1.2. Categorise media costs
1.3. Calculate costing for selected media
1.4. Investigate and calculate agency service fees

Element:

2. Calculate electronic media rating points

Performance Criteria:

2.1. Determine reach and effective reach for each advertising media
2.2. Determine and present identified qualitative and quantitative attributes of media

Element:

3. Apply mathematical functions to advertising media tasks and problems

Performance Criteria:

3.1. Calculate percentage shares and variations
3.2. Apply index numbers to a media situation
3.3. Perform calculations on simple index numbers
3.4. Calculate international currency conversions
3.5. Calculate the mean, average and weighted average of selected media data

Element:

4. Present media calculations

Performance Criteria:

4.1. Use electronic spread-sheets to perform media calculations
4.2. Clearly present data on selected media


Learning Outcomes


This unit describes the performance outcomes, skills and knowledge required to calculate media costings, to perform media ratings using mathematical techniques and to present resultant findings.


Details of Learning Activities

A range of learning activities are planned for this course including self-paced and collaborative classroom based activities.
The self-paced activities will be delivered thought various technology platforms and include your contribution to wikis and discussion threads, reflective journals, quizzes and interactive sessions.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
We expect you to participate and contribute in all scheduled learning activities.

Competency Based Assessment
Students will be provided with more than one opportunity to demonstrate competence. Competency based assessment is detailed below in “Assessment methods” and “Assessment Tasks”.


Teaching Schedule

Week

 

Week Commencing

Topics

Assessment

1

6<sup>th</sup>  Feb

Pre-training review

Course Overview

 

2

13<sup>th</sup>  Feb

Project Overview

Marketing, Advertising, Media & Web Metrics 1.

Intro to media planning  

 

3

20<sup>th</sup>  Feb

 

Marketing, Advertising, Media & Web Metrics 2.

Cinema / setting the intro (PMC)

 

4

27<sup>th</sup>  Feb

Marketing, Advertising, Media & Web Metrics 3.

Direct Mail – (overview of media)

 

5

5<sup>th</sup> March

Marketing, Advertising, Media & Web Metrics 4.

Direct Marketing  (overview of media)

 

6

12<sup>th</sup>  March
(Monday, Labour Day)

Marketing, Advertising, Media & Web Metrics 5.

Outdoor Advertising (overview of media)

Task 1 Test Due in your class time week 6

You will receive the feedback in week 8.  If required, resubmission for this assessment is due by the end of week 9.

7

19<sup>th</sup>  March

Marketing, Advertising, Media & Web Metrics 6.

Magazine  (discussion session)

 

8

26<sup>th</sup>  March

Marketing, Advertising, Media & Web Metrics 7.

Newspaper (discussion and review)

 

9

2<sup>nd</sup>  April

Assessment /TEST#1

 

Mid semester break (5 April to 11 April)

9

9<sup>th</sup>  April

Intro to “Metrics in Business Decision-making”

‘Marketing’ & the Promotions Industry

Internet  (WEB COSTING)

 

10

16<sup>th</sup> April

Setting the “Sales Forecast” 1.

Where it all starts

Radio (discussion and review)

 

11

23<sup>rd</sup>  April

Setting the “Sales Forecast” 2.

Quantitative & Qualitative approaches

TV (Formula review)

Task 2 (presentation and interview

Due date:

You will receive the feedback in week 13.  If required, resubmission for this assessment is due by the end of week 14.

12

30<sup>th</sup> April

Setting the “Sales Forecast” 3.

Quantitative & Qualitative approaches (contd)

SMS – Uncontrolled media

 

13

7<sup>th</sup> May

Using Budgets as a decision tool 1.

Overview on Budgets (Particularly the Sales & Promotions {Advertising & Media} Budgets)

Calculations  (USING A SAMPLE BUDGET 1)

 

14

14<sup>th</sup> May

Using Budgets as a decision tool 2.

Evaluating the advertising & media budgets

Planning for specific targets (USING A SAMPLE BUDGET 2)

 

15

21<sup>st</sup> May

MAJOR assignment (commence) /presentation (finalise)

 

16

28<sup>th</sup> May

 

Major assignment (presentation  to panel)

Re-submissions if required

Assessment Task 3  Major Assignment Due Week 16

17

4<sup>th</sup> June

N/A – no attendance required

 


Learning Resources

Prescribed Texts

No prescribed text. Materials provided online in the form of class/lecture materials and notes (students re expected to read weekly material [reading(s) notes] prior to attending session.


References

Detailed Reading Lists will be provided as applicable throughout the semester.(see DLS/Blackboard)
Farris, Bendle, Pfeifer & Reibstein: Marketing Metrics; Wharton School Publishing.


Other Resources

Use of internet, access to library databases and other online resources.


Overview of Assessment

Students must demonstrate an understanding of all elements of a particular competency to be deemed competent.  Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks, for example:

  • analysis of responses to case studies and scenarios
  • assessment of written reports on media calculations
  • demonstration of media rating and mathematical techniques
  • direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
  • observation of demonstrated techniques in calculating media ratings and advertising media problems
  • oral or written questioning to assess knowledge of software packages for media calculations
  • review of media calculations spreadsheets.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.


Assessment Tasks

TASK 1 (Due Date: End of week 6)

TEST – 1

For this assessment task you are the Manager of JR Marketing Services and you are provide evidence of ability to cost and provide knowledge on the various media formula’s and electronic and advertising and media tools to determine viability of proceeding with a comprehensive media plan.

To be deemed competent in this task you must cover the following:
1. Calculate costing for selected media
2. Determine reach and effective reach for each advertising media
3. Categorise media costs





TASK 2 (Due Date: End of Week 11)

Presentation
For this Assessment Task you are the Manager of JR Marketing Services and you are planning a project to determine viability of proceeding with a comprehensive media plan by reviewing the requirements from the clients marketing problem. You are to present your proposed plan of action, including a print out of the presentation, which will contribute to the major assignment written report and will form part of your overall media plan strategy.

To be deemed competent in this task you must undertake the tasks as listed below:
• Research and define media terminology
• Determine and present identified qualitative and quantitative attributes of media
• Clearly present data on selected media


TASK 3 (Due Date: End of Week 16)

Major Assignment
For this Assessment Task you are the Manager of JR Marketing Services and you are planning a project to determine viability of proceeding with a comprehensive media plan by reviewing the requirements from the clients marketing problem.

You should draw upon your knowledge of your own organisation as well as additional research undertaken in this program when formulating your recommendations.

To be deemed competent in this task you must undertake the tasks as listed below:


The above task will be presented in report format (approx. 2500-3 500) including tables of costing, formulas’ and media recommendations and budget).
• Research and define media terminology
• Categorise media costs
• Calculate costing for selected media
• Investigate and calculate agency service fees
• Determine reach and effective reach for each advertising media
• Determine and present identified qualitative and quantitative attributes of media
• Calculate percentage shares and variations
• Apply index numbers to a media situation
• Perform calculations on simple index numbers
• Calculate international currency conversions
• Use electronic spread-sheets to perform media calculations
• Clearly present data on selected media
• Calculate the mean, average and weighted average of selected media data




Assessment Matrix

Course Overview: Access Course Overview