Mediabudgets
Mediabudgets are the planned expenditures for media activities within marketing and advertising programs. They cover the funds allocated to purchasing media time and space across channels such as television, radio, print, online display, social platforms, video, and out-of-home, as well as related costs such as production, research, and programmatic technology. Mediabudgets are typically part of an overall marketing budget and can be set on an annual basis, per campaign, or by product line, depending on organizational practices and objectives.
Allocation decisions are driven by target audience, reach and frequency goals, competitive activity, seasonality, and channel
The budgeting process involves defining objectives, researching audiences, forecasting costs, and creating flight plans that specify
Trends in mediabudgets include a rising share of digital and programmatic spending, greater use of data-driven