pre release ppt
DESCRIPTION
TRANSCRIPT
Amruta Deshmukh
Pre Release Movie Marketing
The Latest Buzz
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.”
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.
• 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
• 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
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
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
Pre Release Movie Marketing
Pre Release Movie Marketing The types of media used currently
• 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?
Swades, Namesake
Fashion
Dil Chahata Hain , 3 Idiots
13B, Vastu Shastra
Love Sex Dhoka
Pre Release Movie MarketingMaslow’s hierarchy of needs
Pre Release Movie MarketingKey Challenges
Good Scripts Institutional funds
• Challenges Clubbed movies• Ticket Prices
Declining Footfall
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
Designing of Pre Release Movie Marketing Strategies
Before
After
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
1) 2) 60% - hyped, 30% - it influences
their decision.
3)
Pre Release Movie Marketing Findings
4)Push Strategy: Songs Merchandising, Co
branding
5) Teasers:
6) DO THINGS DIFFERENTLY
Pre Release Movie Marketing Findings
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:
• 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
Pre Release Movie Marketing