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Our Entertainment Marketing Cost Guide

We provide a general pricing overview outlining cost components that go into building an entertainment marketing program.

This download should be used as a guideline only.  Customize quotes are available for your specific project needs. 

There are several key considerations when pricing an entertainment marketing program; unlike buying media in print or TV, pricing is dependent upon a number of factors that combine together to provide a final fee structure.

You can  send us a request for a consultation to receive accurate customized pricing at info@hollywoodbranded.com

 

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A general guide to how much entertainment marketing programs cost with Hollywood Branded Inc.

A general guide to how much entertainment marketing programs cost with Hollywood Branded

This form of brand marketing will strengthen and grow in response to new consumption trends and digital technologies.   We are in a technology explosion – pervading every facet of our lives and it is only going to grow more.  Consumers are so driven to being connected via their social media and networking platforms, and so connected to that which they watch and are entertained by, that the chatter associated with product placement campaigns will only be strengthening – with both positive and negative commentary.  This is something that needs to be kept in mind by the brand partner, as consumers are so easily vocal now on their likes and dislikes – and creating organic and seamless campaigns that truly make sense are of optimum priority.   Brands need to ensure the content they are being integrated into fits very well with their brand’s desired consumer.  Keeping tuned in to the chatter created will yield incredible business intelligence that can be further honed to develop interactive opportunities, brands willing to experiment now in this space have the most to gain – resulting in immediate consumer impact and amplified influenced around the world.

More digital content options exist than ever have before, enabling a brand to find a new home within this content – content that is specifically created to be assimilated through social consumption and which offers phenomenal opportunities for digital marketing extensions by the automotive manufacturer.

There are four types of Product Placement options to brands and production companies.  The first is a straight trade out or loan of the product.  This provides production a cost savings on their bottom line.

The second is a barter trade out of the product.  This provides production complimentary product that again saves on their production costs on a larger scale.  Obviously not all brands len themselves to this – but a beverage or snack brand company might provide a couple of pallets of product for the crew to consume during production, a mobile phone might provide service for key production executives or the entire crew, an automotive partner might provide production loan vehicles for production to use to transport key executives and talent, and many other types of companies might provide a cast and crew gift for the wrap of production.

The third type of product placement is a cash fee for a storyline to be built around the brand’s core messaging.

The fourth type of product placement that can be secured is through leveraging the brand’s already planned media buy for TV, Print, Radio or Digital, and co-branding that with the title treatment of the production and/or imagery from the production.  For large scale blockbuster films the production company / distributor is more wisely seeking a bigger and more powerful commitment – the ability to leverage the automotive manufacturer’s promotional advertising.  Having the ability to co-brand the film within the brand’s advertising materials – TV, Print, Radio, Digital or even at retail – is equally important for both the brand and the film.  The brand obtains the ability to build upon the product placement platform outside of the on screen exposure – creating a way to further increase the engagement with the consumer, and enhance the star power the association brings to the brand.  The entertainment property gains reach and access to millions of additional consumers marketed to by the brand – without having to pay millions of dollars.  It’s a win/win for both parties – with the caveat that the property needs to be one which resonates with the brand’s core consumer demographic.

Product placement and entertainment marketing campaigns with promotional advertising support are very effective marketing strategies or boosting sales.  We have had countless clients perform in depth measurement studies based on the exposure they have received – measuring actual sales, retail store visits, website traffic jumps, etc.  Today, product placement should play a very valuable and cost effective strategy within a brand’s advertising and marketing strategy plan for all brand categories.  Marketers are often under the impression that product placement is too costly, or is not measureable – this is a misconception – any brand category can afford to play at some level or other within the space of entertainment marketing and product placement and obtain very measureable results.

The overall objective by the brand is to build an image of aspiration around their product in association with the celebrity or entertainment property – increasing brand recognition and ultimately resulting in an increase in sales – whether in the US or globally. It’s a proven fact – when people see their favorite celebrities driving, holding, wearing or even standing near certain products in movies or television shows, they are influenced to purchase. People see a brand’s logo, hear a verbal mention or recognize a product in an entertainment property, and an allure is created that can far eclipse a standard advertising campaign. Star power is superbly potent.

Product Placement & Integration in film and television is a practice that has been in place since the beginning of film production – whether due to society’s fascination of a product, the brand manufacturer’s interest in reaching a mass audience, or the filmmaker’s need to reduce overall production costs.

The spectrum ranges based on age and sport.  Obviously Hispanic soccer players on US teams resonate well, as do a large number of musicians and actors.

Sports:  Junhinho, Marcelo Sarvas, Rafael Garcias, Juan Pablo Angel, Marvin Irahieta, Marvin Chavez, Jason Hernadez, Tressor Moreno, Rafael Baca, Shea Salinas… and these are just a selection from the west coast.

Musicians:  Alejandro Fernadez, Camila, Chayanee, Daddy Uankee, David Bisbal, Jennifer Lopez, Kalimba, Pitbull, Reik, Ricky Martin, Romeo, Shakira, Thalia…

Actors:   Eva Longoria, Mario Lopez, David Zaya, Hector Elizondo, Sofia Vergara, Benjamin Bratt, Oscar Nunez, Ricardo Chavira, Lyndsy Fonesca…from big names to up and comers.

If you have an individual in house who is connected within the entertainment community, and not having to learn the process and build the relationships along the way, then handling yourself is always an option.  If you want a turnkey program where the relationships and opportunities are already known, or at least easily sourced, the overall monies spent in training the in-house employee or PR representative, who may be charging you by hour, can be better directed and utilized.

You can engage with various celebrities – even individuals who are perceived in your community to have a celebrity status – to create assets usable through social media and PR– photos of the individual with your brand, testimonials, social media giveaways through the individual’s own sites…

If you have a national retail store – or even regional – you could create a program where you sponsor screenings of films that are geared to your consumer, or provide pre-paid movie tickets as an incentive to purchase your product.  Or even create a music download program where consumer obtain free downloads with purchase.