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TERM
Media Plan
Schedule and budget for advertising across channels.
Definition
A media plan sets objectives, target, channels, timing, and spend.
How to Calculate
Allocate budget by channel and weeks with expected GRPs or impressions.
Why it Matters
Aligns media with sales goals and seasonality.
Key Advantages
Enables testing and optimization.
Example
Shift 20 percent of budget to retail media.
Use it to
Translate objectives into planned GRPs, reach, and timing by market and week. Compare plan versus actual delivery and relate media weight to sales or share to verify expected response.
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