Monday, May 4, 2020

Audience and Institution Practice Essay


          Assess the importance of marketing in the media area you have studied.
         

          When producing a film, the marketing aspect can include magazines, commercials, billboards, merchandise, brand deals, and more. Without marketing, a film will not be able to gain a following, determine profitability, or decide the most successful time to release the film and where. The importance of marketing can be seen specifically in these several successful films: Beauty and the Beast, Black Panther, Furious 7, and spider-man homecoming. Marketing is a key component, as without an audience a film will not be able to profit.
          In 2017, Disney produced a live-action Beauty and the Beast and although this classic Disney tale was already a staple in cinema, Disney needed to gain a following and get fans excited for the film. As a Disney movie, they could take advantage of the large child following by producing Belle dolls, dresses, and other toys to get the kids excited for the movie to come out, this would be an example of merchandising. Additionally, they used cross-promotion of the film with a special edition on ‘The Bachelor’ hosted by the stars, an example of corporate synergy as Disney owns ABC. This increased the reach of the film to a wider audience of adults and teens who would be watching the bachelor and possibly reminiscing on the Disney tale they watched as a child. By utilizing these different marketing strategies Disney was able to create a wide following for the film, ensuring theatres would be full-on opening day, and that the movie would profit. This marketing was essential to the film's success as it worldwide made $1,263,521,126 (1.3 billion) from the merchandise from the ticket sales alone not incorporating the profit from the merchandise.
          Even in the increasingly popular world of marvel, the film produced in 2017, Spider-Man Homecoming needed to be marketed to profit and fill theatres come release day. With a mission to gain a following for this upcoming movie, one tactic was a partnership with the popular cereal brand cinnamon toast crunch. By cooperating with a different organization marvel was able to get fans excited for the movie and let them know it would be coming out soon. The release of merchandise was also a major way that this film ensured a fan base for when it did release. One example of merchandising was the release of a new Spiderman game for the ps4, by releasing this game before the movie came out, fans from the marvel universe were able to excitedly anticipate the release of the movie. Cross-promotion was also used in a merchandising collaboration with Target which created a younger kid fan base as well as the teen's video gaming, with children's spiderman toys to excite the younger viewers as well.
In 2018 Disney took a different approach to how they decided to market Black panther. They had decided to market using cross channeling. The object was to get the name everywhere and quickly. Disney used a bunch of different styles such as social media, mobile apps, websites, and word-of-mouth recommendations. Social media picked up the news when during an NBA finals game some of the filmings for the trailer were done. It traveled due to the large audience attending the game. This form of cross platforming got the targeted audience excited for the film's completion and debut. Lexus made a special commercial drawing inspiration from Black Panther to reveal the 2018 Lexus LS 500. The cross between these two companies was an excellent way to market the movie's release. It worked out well because of the same style used in the commercial as in the film. Lexus used a car chase to keep the same action aspect as the movie is. 
At the trailer launch event (Road to Furious 7) a red-carpet event was held to spur excitement for the franchise's 7th film. The objective of this was to give the fans a chance to ask the cast any questions they had about the movie to increase their enthusiasm for the film's opening. The main character's motto is heavily based on family, and it stays the same throughout the previous 6 movies, so long-term fans of the franchise will feel welcomed with the interactive Q&A at the event. Universal Studios also marketed the movie with a video game cross-promotion; the company Forza Horizon created a special edition game called “Forza Horizon 2 presents Fast and Furious 7.” I am a long-time fan of the movies and the video game promotion raised my eagerness for the film's release even more. 
When looking into the marketing strategies used for high grossing films like Beauty and the Beast, Spiderman Homecoming, Black Panther, and Fast 7 they utilize a lot of the same tactics. By creating merchandise and cooperating with several different organizations these films were able to build a large following leading up to the release dates. Even these film concepts that undoubtedly would be popular with fans of the marvel universe, Disney princesses and the Fast and Furious franchise had to be presented to fans to get them excited for the release and to show them that the movie is being released. After analyzing the marketing strategies of these wildly successful films, it is seen how essential the marketing process is for all films big or small, and new concepts or old. Personally, part of the excitement for a new film is the anticipation for its release and the associated merchandise that comes with it.

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