Creating a media plan for SMBs: step-by-step guide
How to create an effective media plan as a small business? Budget allocation, channel selection and campaign planning — practical guide with examples.
Creating a media plan for SMBs: practical guide
A good media plan helps you spend your advertising budget effectively. But where do you start? In this step-by-step guide, we explain how to create a media plan as an SMB owner.
What is a media plan?
A media plan describes:
Step 1: Define your objectives
What do you want to achieve with advertising?
Your objective determines which channels are most suitable.
Step 2: Know your audience
Who do you want to reach?
Step 3: Choose your channels
Based on your audience and objectives, choose your media mix:
Local SMB (budget €1,000 - €3,000/month)
- Local newspaper: 1-2 ads per month
- Social media: ongoing campaign
- Last-minute radio spot via MediaspaceMarket auctions
Regional SMB (budget €3,000 - €10,000/month)
- Regional newspaper: weekly
- Radio: 2-3 spots per day, 1 week per month
- Online display: ongoing
- Outdoor: 1-2 locations
Growing business (budget €10,000+/month)
- Combination of print, radio, online and outdoor
- Cross-media campaigns for maximum impact
- A/B testing across multiple channels
Step 4: Allocate your budget
A rule of thumb for budget allocation:
| Objective | Audio | Online | Outdoor | |
|---|---|---|---|---|
| Brand awareness | 30% | 25% | 30% | 15% |
| Action/sales | 20% | 15% | 55% | 10% |
| Local reach | 40% | 20% | 25% | 15% |
Step 5: Plan the timing
Step 6: Execute and measure
Saving with MediaspaceMarket
As an SMB, you can save significantly:
Conclusion
A media plan doesn't have to be complicated. With a clear goal, knowledge of your audience and the right tools, you can advertise effectively as an SMB. MediaspaceMarket makes it easy to compare and buy media space and create your ads — all in one place.