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Amruta Deshmukh Pre Release Movie Marketing The Latest Buzz

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Page 1: Pre release ppt

Amruta Deshmukh

Pre Release Movie Marketing

The Latest Buzz

Page 2: Pre release ppt

Pre Release Movie Marketing

• INTRODUCTION• Marketing of a movie is as critical as

that of a brand. • Marketing ensures that films

get a grand opening. • In movie marketing

“Change is the only constant.”

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Pre Release Movie MarketingPre Release Movie Marketing

• What is Pre Release Movie Marketing?

• Movie industry largely depends on the audience for its revenue.

• More avenues to make money out of a movie than just its box office earnings. DVD releases, music launch, merchandise, overseas distribution rights

• Movie promos form an image or perceived quality of the movie in consumers mind.

• Effectively pushes the audiences to the theatres.

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• OBJECTIVE• Understand the process of

Pre Release Movie marketing.

• Understand the need for such marketing efforts.

• Identify the various strategies employed.

• Factors essential to formulate an effective plan.

Pre Release Movie Marketing

Pre Release Movie Marketing

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• Research Methodology:• Type of research-

Exploratory• Collection of Data: • Primary data: Collected

through interviews with the industry insiders, consumers

• Secondary data: magazines, websites, books.

• Research Instrument: Questionnaire

• Sample size: 30

Pre Release Movie Marketing

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SCOPE:- INR 587 bn industry (2009), creates 1.8

mn jobs.- INR 89 bn contributed to the GDP in

2009.- To identify newer avenues to generate

revenue.- With creativity the industry can act as

major revenue spinner for related industries like retail and television.

LIMITATION: Everything is planned

Pre Release Movie Marketing

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Before• Finance- producer/

private money lender, underworld.

• Passive marketing where consumer is not involved.

• Marketing limited to hoardings and posters

• Movies released with 100-200 prints.

• No specific marketing budget.

After• Finance- corporate,

banks, advertising.• 360* marketing ,

consumer actively involved.

• Exploiting every medium for promotions.

• Movies open with ~1000 prints.

• Marketing budget is 20%-40% of production cost.

Pre Release Movie MarketingEvolution

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Pre Release Movie Marketing

Pre Release Movie Marketing The types of media used currently

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• 38% of the revenue is generated through advertising in the entertainment industry

• The growth was only 1.4% in 2009 ( INR 587 billion worth) as compared to 12% in 2008 and is expected to grow at 11.2% in 2010.

• Intense competition with more options for entertainment.

• A films fate is determined in the first 3 days.

• Generating revenue from secondary markets.

Pre Release Movie Marketing Why is movie marketing essential?

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Swades, Namesake

Fashion

Dil Chahata Hain , 3 Idiots

13B, Vastu Shastra

Love Sex Dhoka

Pre Release Movie MarketingMaslow’s hierarchy of needs

Page 11: Pre release ppt

Pre Release Movie MarketingKey Challenges

Good Scripts Institutional funds

• Challenges Clubbed movies• Ticket Prices

Declining Footfall

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1) Movie Production complete – Producers 2) Producer holds special screening for distributors

3) Distributor buys movie distribution rights if he feels the movie is commercially viable.

- If not the producer is asked to reshoot.

4) Distributor with his marketing team plans marketing strategy. Hires the following:

a)Media Planners b) Advertising firms c) Merchandise

(media slots, teasers) (plans strategies, controversies, Merchandise)

Plans approved promotion begins

Pre Release Movie MarketingProcess

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Designing of Pre Release Movie Marketing Strategies

Before

After

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Involvement

High Low

Reach High

Low

Pre Release Movie Marketing Reach involvement matrix

- Internet- Radio- Mobile

phones- Contests

Television setsNewspapersControversiesSongsMall

PromotionsBlogsMerchandisingMagazines Gaming

OOHBillboards, neon lights.Bus shelters, interiors

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1) 2) 60% - hyped, 30% - it influences

their decision.

3)

Pre Release Movie Marketing Findings

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4)Push Strategy: Songs Merchandising, Co

branding

5) Teasers:

6) DO THINGS DIFFERENTLY

Pre Release Movie Marketing Findings

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1) Build the movie as a

‘Brand’.

2) Know your consumer.

3) Positioning.

4) Take them by surprise.

Pre Release Movie Marketing How to build a successful Pre Release Movie

Marketing Plan:

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• Pre release movie marketing is soon gaining momentum. Pre Release Movie marketing is awareness with entertainment as a value added service.

• Pre release movie marketing has helped induce more curiosity among the viewers, and generate more revenue.

• Strategies like co-branding and merchandising has helped boost the retail sector as well. The film producers and distributors have discovered newer options of making money.

• All in all if there is no draught of creative ideas, pre release movie marketing has immense scope to flourish further.

Pre Release Movie MarketingConclusion

Page 19: Pre release ppt

Pre Release Movie Marketing