Question: 1 3 - 2 2 . You learned that media planners use a variety of metrics to help in making decisions on what TV show

13-22. You learned that media planners use a variety of metrics to help in making decisions on what TV show or which magazines to include in their media plans. Two of these are gross rating points (GRPs) and cost per thousand (CPM).Assume you are developing a media plan for a new brand of gourmet frozen meals. Your target market includes females ages 25 to 44. The table that follows lists six possible media buys you are considering for the media plan, along with some relevant information about each (note that the numbers are fictitious, created for example purposes only). The plan is based on a four-week period:
a) Calculate the GRPs for each media buy based on the information given.
b) Calculate the CPM for each media buy.
c) Based on the cost of each buy, the reach or rating of each buy, and any qualitative factors (e.g., decision criteria beyond the numbers) that you believe are important, select the top three media buys that you would recommend.
d) Explain why you would select these three.
- Dancing with the Stars, 20- Rating, $300,000- Cost per Ad or Insertion, 4(one per weekly episode)- Insertions
- Big Bang Theory, 30- Rating, $400,000- Cost per Ad or Insertion, 4(one per weekly episode)
- CBS Evening News, 15- Rating, $100,000- Cost per Ad or Insertion, 20(one per weeknight news program)
- Time magazine, 5- Rating, $35,000- Cost per Ad or Insertion, 4(one per weekly publication)
- Better Homes and Gardens magazine, 10- Rating, 40,000- Cost per Ad or Insertion, 1(one per monthly publication)
- USA Today, 7- Rating, $15,000- Cost per Ad or Insertion, 12(three ads per week)

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