640 likes | 782 Views
Changes in the Marketing Mix. Brad Berens Executive Editor iMedia Communications, Inc. Celebrity Equations. Jim Carrey Ben Stiller . -. =. Christina Aguilera Erik Estrada. +. =. Mick Jagger James Brown. -. =. Part 1 The audience is changing….
E N D
Changes in the Marketing Mix Brad Berens Executive Editor iMedia Communications, Inc.
1995: Estimated Movie Tickets Sold Top 3 Movies Sources: Nielsen EDI, Box Office Reports and Exhibitor Relations
2000: Estimated Movie Tickets Sold Top 3 Movies Sources: Nielsen EDI, Box Office Reports and Exhibitor Relations Modest growth…
2004: Estimated Movie Tickets Sold Top 3 Movies Sources: Nielsen EDI, Box Office Reports and Exhibitor Relations Things look GOOD for ticket sales, but…
No 'Passion,' no problem?The summer of mixed messages U.S. Box Office Hits Longest Modern Slump 'Batman' Can't Begin to Rescue Film Industry
June 28, 2005 CNN did an online poll Friday, asking what movie people were most likely to see over the weekend. The new films "Herbie," "Bewitched" and "Land of the Dead" received 27% of the vote. The landslide winner, with 73%, was "None, I'd rather rent a DVD of something good." Patrick Goldstein, Times Staff Writer
Home Video: DVD Unit Sales Does not count rentals. Source: LeesMovieInfo.net
A VHS aside… Source: LeesMovieInfo.net The DVD market is bigger than the VHS ever was.
#1 TV Show: A Gradual Decline Season Share % Viewers Source: Nielsen Media Research
#5 TV Show: Even Worse... Season Share % Viewers Source: Nielsen Media Research One word to describe this?
Implications… • Your audience is fragmenting • They go where they want, when they want • We’re not talking enough about Games • Mass culture is a lot less massive (but it hasn’t been around all that long anyway)
Part 2 Show me the money!
Who is spending what? • Nearly all advertisers are spending more • But more $$$ do not equal more audience • You’re paying more for less • And this does NOT include DVRs and SIMM
After 2002, entertainment companies did not embrace online with enthusiasm…
June 13, 2005 Ad Icon P&G Cuts Commitment To TV Commercials P&G to reduce "upfront" TV spending Remember: P&G is the USA’s biggest advertiser. P&G sharply cuts commitment to TV ads
So why did P&G make the change? • TiVo and other DVRs • Internet and Games • Increased investment in PPP Generally, a move away from…
"Spray and pray." • Wenda Harris Millard • Chief of Sales • Yahoo!
Although the budgets are miniscule compared to TV and newspapers, the big growth areas for marketing are more targeted. And topping the list…
Part 3 Online: what the fuss is about (I’ve shown you this next slide before…)
So why -- and how -- are most advertisers spending money online?
The Big Question Should entertainment marketers follow the rest of marketers and invest more online? Answer: Yes. That’s where your consumer is.
Part 4 Entertainment Consumers & the Internet
Leading provider of marketing research for the entertainment industry • Known for innovation in consumer understanding www.comscore.com (See press pages for insight on Star Wars Episode III: Revenge of the Sith!)
Entertainment marketers have the opportunity to reach almost 60 Million consumers per month via the Internet! 40 to 60 Million U.S. Consumers Visit Movie SitesEvery Month! Source: comScore Media Metrix
In March '05, 1 of every 2 Internet users visited a music site; and 1 of every 3 visited a movies site! Strong Growth Year-to-Year Source: comScore Media Metrix
Movie Site Visitors* Can Be Hard to Reach Through Traditional Media • 31% to 34% are "light" TV viewers Source: AiM, by comScore Media Metrix *Visitors of Yahoo! Movies, Moviefone, or IMDB.com