MEDIA BUYING BLOG

Media Planning vs. Media Buying

What’s the difference?

Media Planning vs. Media Buying

Media Buying

Let’s start by breaking down both terms.

Media buying refers to placing ads at the right time in the right place to reach the right audience at the most efficient rate. Media buyers can purchase ad space on traditional platforms (think billboards, TV, radio, and print), and/or digital platforms (such as Facebook, Instagram, Snapchat, TikTok, and Google).

However, media buying isn’t as simple as just choosing a platform. Successful media buying requires a comprehensive, dynamic understanding of the following:

  • Cultivating and maintaining relationships
  • Knowing and keeping up with the ever-changing landscape of available ad space
  • Tweaking and optimizing campaigns in motion
  • Directly purchasing prime ad space across chosen channels
  • Negotiating and managing costs and bids mid-flight

Ultimately, media buying seeks to achieve two goals:

  1. Effectively connect with audiences
  2. Maximize ROI

 

Media Planning

How do media buyers decide which platforms are right for a campaign? Well, that brings us to our next term: media planning. Media planning is the process of identifying where, when, and how often your ad needs to run in order to reach your goals. A strategic, developed media plan outlines the following:

  • Who the target audience is 
  • What the budget is, and how to maximize it 
  • What the goals of a campaign are (ie call to action) 
  • Messaging frequency 
  • Campaign scope 
  • Relevant marketing research
    • Internal research: client profile and brand, ideal customer profile, etc.
    • External research: competitors’ profile, current branding techniques, what attracts target audience, etc.

 

So what’s the difference between the two?

While media planning and buying require different processes, they are collaborative, not competitive.

Think of media planning as a data-informed map outlining the best routes to follow. Media buyers use this guide to create a path that meets and exceeds client goals in an efficient, effective manner. Without media planning, media buyers would not have a foundation for informed decision making. Without media buying, marketing campaigns are often directionless, failing to reach priority audiences. Successful marketing campaigns combine both processes in order to achieve optimal results–including maximized ROI.

 

The Marketing Doctor Method

How is our media planning and buying different? Our data-driven approach coupled with our team’s decades of experience allows us to over-deliver without overspending. Before we even consider what channels to use, we analyze and compare the most advantageous platforms for connecting with primary audiences and maximizing your budget.

Here’s what you can expect from working with our team:

  • Doubled campaign value
  • Explosive ROI 
  • Daily Optimization
  • Live analytics 
  • Quick pivots

Got a project? Connect with us to reach beyond your goals. Let’s get to work!

FEATURED

6 Questions to Ask Your Media Buying Agency

6 Questions to Ask Your Media Buying Agency

Think twice if your Creative Agency says they do media buying. As more agencies market themselves as full-service marketing agencies, thoroughly vetting your prospective agency’s media buying skills becomes crucial. But what questions should you ask?  What is Media...

read more
Achieve Fast ROI with a Fast-Growing Agency

Achieve Fast ROI with a Fast-Growing Agency

Celebrating 3 years on the Inc. 5000 Fastest Growing Private Companies list. When you grow, we grow with you Growth is an innate aspect of who we are at Marketing Doctor—it informs all that we do for ourselves and for our clients. It's actually a pretty beautiful...

read more
What is Media Buying?

What is Media Buying?

Efficient, strategic media buying can make or break the success of your advertising campaigns. Strategy in media planning and buying is where rubber hits the road in terms of Return on Investment (ROI) for your organization. Done correctly, it opens the door to...

read more

Get
better