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Types of Entertainment Products Media Product Marketing 2

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Page 1: Types of Entertainment Products Media Product Marketing 2
Page 2: Types of Entertainment Products Media Product Marketing 2

Types of Entertainment ProductsTypes of Entertainment Products

Media Product MarketingMedia Product Marketing

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Entertaining Products

The entertainment industry produces a wide variety of goods and services including:

Media-basedEntertainmentGoods

• Films on DVD and video• Music on DVD and CDs• Video and electronic games

• Books and magazines• Toys• T-shirts• Concessions

Media-basedEntertainmentServices

• Television shows• Movies in theaters• Concert performances• Theater performances

Recreation-basedEntertainmentServices

• Amusement parks• Zoos• Museums• Snack-bars

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Film and Music Merchandising

Theatres provide media-based services.

concessions snack-bars that sell popcorn, soda, and candy

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Theatres also provide concessionsconcessions.

The home entertainment industry sells media-based goods.

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Film and Music Merchandising

Film producers have two choices for DVD and video distribution—to rent or to sell through the customer.

evergreens films or products that are popular year after year

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EvergreensEvergreens are important to the film industry.

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Marketing Film and Distribution

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Movie

Product

Theaters

Primary Market

Secondary Market

Foreign marketTelevision

Home rentalsHome sales

Cable TVAirlines

ToysClothingBooks

Posters

Tie-Ins

Film soundtrack

Cross-Marketing

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Music CDs and Distribution

In addition to in-store sales, the marketing of record clubsrecord clubs and rack rack jobbersjobbers contribute to the sales of CDs

record clubs organizations in which members receive free records if they agree to purchase additional records within a time period

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rack jobbers independent vendors who distribute, price, and control their own inventory within a store

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Electronic and Video Games

Cross-marketing in video game distribution is common.

Common tie-ins include:– Films– Music– Sports– Merchandise

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Print Books and Magazines

Despite the computer age, customers are now buying more books and magazines than ever before.

Trade books are published for general bookstores.

Magazines offer marketers ready-made target markets.

Major media corporations that own film and television studios also own print media.

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Page 10: Types of Entertainment Products Media Product Marketing 2

Theme Parks and Water Parks

Location-based Location-based entertainment (LBE)entertainment (LBE) has evolved into major entertainment forms.

location-based entertainment (LBE) entertainment that includes amusement, theme, animal, and water parks

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The park environment is set up for impulse impulse spendingspending.

impulse spending buying without prior planning

Tie-ins play an important role in LBE venues.

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Special Entertainment Events

Special entertainment events provide entertainment services.– Circuses, state fairs, pageants, ice shows

Each event supplies a venue for selling related entertainment products.– Concessions and souvenirs

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Media Marketing Channels

The major media marketing channels are:

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Film

TV

Radio

Print publishing

Internet

Marketers are involved in the development of most entertainment products, or goods and services.

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Marketing Film and Distribution

The film market is divided into the primary marketprimary market and the secondary secondary marketmarket.

primary market in film distribution, the target audience which is the theaters that show films in first release

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After a studio or independent production company creates the products, it is shopped to exhibitorsexhibitors.

secondary market in film distribution, target audience after a film has been in first run at theatersexhibitors theaters that sell tickets and show films to an audience

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Marketing Film and Distribution

The exhibitor breaks down gross revenuegross revenue sources in two areas:

– 70 percent from ticket sales– 30 percent from concession

sales

gross revenue total income from sales before costs, expenses, and taxes are deducted

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trailers previews of upcoming movies shown before the main feature

The film studio and the exhibitor use trailerstrailers to create interest in new releases.

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Marketing Television

SyndicationSyndication is a great source of revenue for studios and networks.

syndication selling television programs to individual stations, not networks

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programming the schedule, or times, for broadcasting shows on television; or on radio, also the music style and playlist

Television target audiences are specialized by programmingprogramming.

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Marketing Radio

Radio is one of the best ways to target your advertising message to an audience.

There are over 11,000 commercial radio stations in the United States with over 2 million listeners.

Programming radio is determined by the style of music and playlist or type of program.

Competition in the radio industry is intense.

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Marketing the Music

Promotion strategies include: jingle a catchy tune or song that promotes a product and accompanies television, radio, or Internet advertisements

Targeting specific markets

Focusing on specific stations with specific markets

Artists performing jinglesjingles

Artist Web sites

Talk show interviews

Chat room discussions

Charitable activities

ad campaign a promotional plan that combines selling, advertising, public relations, and the use of different media to reach the target market

Ad campaignsAd campaigns

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Marketing the Music

In prior years, payolapayola was the key to having DJs play a record.

payola an illegal payment by record labels to radio stations to persuade them to play the label’s records

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Today record labels might hire independent agents to promote records to stations and provide gifts to station personnel to encourage them to play the music on the radio.

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Marketing Print Media

Global trade shows and book fairs have been successful venues for showcasing new books.Book-signing events and book tours by authors generate publicity and interest.TV talk shows and interviews are an effective marketing strategy.Magazines use direct marketing.E-publishing is starting to gain popularity.Most newspapers have corresponding Web sites.

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Media and Marketing

The media are not only sources of pure entertainment products, they are also effective entertainment marketing tools.

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Operating an e-tail business on an electronic channel—the Web—can be costly, due to design, delivery, returns, and operating expenses.

Though Many larger dot-com companies crashed in the 1990’s, small stores like Harris Cyclery of West Newton, Massachusetts, actually increase sales using a basic Web site. Today, a third of Harris’s bicycle business rides in on the Web to get hard-to-find parts and personal service.

Describe an e-business’s home page to your class after viewing one through marketingseries.glencoe.com.

A Piece of the Action

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It’s not just collectors who are doing the selling—television and movie studios have latched onto this idea, offering for sale autographs, costumes, scripts, small props, and crew uniforms. These pop-culture artifacts generate money for the studios, publicity for the shows or movies, and satisfaction for the fans.For more information on sports and entertainment marketing, go to marketingseries.glencoe.com.

Entertainment memorabilia is often sold at large auction houses. Internet auction sites such as eBay now make it possible for anyone to obtain a tiny piece of entertainment history.

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