Download
1 / 30

Types of Entertainment Products - PowerPoint PPT Presentation


  • 179 Views
  • Uploaded on

Types of Entertainment Products. Media Product Marketing. 2. Chapter Objectives. Identify types of entertainment products. Define evergreen products. Describe location-based entertainment (LBE). Explain the significance of impulse spending.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Types of Entertainment Products' - artan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

Types of Entertainment Products

Media Product Marketing

2


Chapter objectives
Chapter Objectives

  • Identify types of entertainment products.

  • Define evergreen products.

  • Describe location-based entertainment (LBE).

  • Explain the significance of impulse spending.

  • Explain why marketing is involved in entertainment product development.

  • Discuss the difference between primary and secondary markets.

  • Explain the importance of programming.

3


Entertaining products

Media-basedEntertainmentGoods

Media-basedEntertainmentServices

Recreation-basedEntertainmentServices

  • Films on DVD and video

  • Music on DVD and CDs

  • Video and electronic games

  • Books and magazines

  • Toys

  • T-shirts

  • Concessions

  • Television shows

  • Movies in theaters

  • Concert performances

  • Theater performances

  • Amusement parks

  • Zoos

  • Museums

  • Snack-bars

Entertaining Products

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

4


Film and music merchandising
Film and Music Merchandising

Theatres provide media-based services.

concessionssnack-bars that sell popcorn, soda, and candy

Theatres also provide concessions.

The home entertainment industry sells media-based goods.

5


Film and music merchandising1
Film and Music Merchandising

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

evergreensfilms or products that are popular year after year

Evergreens are important to the film industry.

6


Marketing Film and Distribution

Tie-Ins

Primary Market

Toys

Clothing

Books

Posters

Theaters

Product

Movie

Cross-Marketing

Secondary Market

Film soundtrack

Foreign market

Television

Home rentals

Home sales

Cable TV

Airlines

7


Music cds and distribution
Music CDs and Distribution

In addition to in-store sales, the marketing of online music and rack jobbers contribute to the sales of music

Online music- I heart radio, pandora, I Tunes, etc.

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

8


Electronic and video games
Electronic and Video Games

  • Cross-marketing in video game distribution is common.

  • Common tie-ins include:

    • Films

    • Music

    • Sports

    • Merchandise

9


Print books and magazines
Print Books and Magazines

  • Trade books (fiction, humor, poetry, self-help, etc.) are published for general bookstores.

  • Romance novels- sold in drug stores, supermarkets: Who is the target market?

  • Magazines offer marketers ready-made target markets.

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

10


Theme parks and water parks
Theme Parks and Water Parks

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

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

The park environment is set up for impulse spending.

impulse spendingbuying without prior planning

Tie-ins play an important role in LBE venues.

11


Edutainment
Edutainment

  • Museums

    • Make money to acquire collections, maintain physical buildings, hire staff

  • Zoos

    • 134 million people visit zoos and aquariums= more than the NFL, NBA, and MLB combined

  • Theaters


Special entertainment events
Special Entertainment Events

  • Special entertainment events provide entertainment services.

    • Circuses, state fairs, pageants, ice shows

    • Can be a blend of sports and entertainment

  • Each event supplies a venue for selling related entertainment products.

    • Concessions and souvenirs

13


Why are evergreens important to the film industry?

What are three forms of location-based entertainment? (LBE)

What is a rack jobber?

1.

2.

3.

14


Media marketing channels
Media Marketing Channels

The major media marketing channels are:

  • Film

  • TV

  • Radio

  • Print publishing

  • Internet

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

15


Marketing film and distribution
Marketing Film and Distribution

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

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

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

secondary marketin film distribution, target audience after a film has been in first run at theaters

exhibitorstheaters that sell tickets and show films to an audience

16


Marketing film and distribution1
Marketing Film and Distribution

The exhibitor breaks down gross revenue sources in two areas:

  • 70 percent from ticket sales

  • 30 percent from concession sales

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

trailerspreviews of upcoming movies shown before the main feature

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

17


Marketing television
Marketing Television

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

syndicationselling television programs to individual stations, not networks

Television target audiences are specialized by programming.

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

18


Marketing radio
Marketing Radio

  • Radio was 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.

  • Country music being the most popular with 2088 stations.

19


Marketing the music
Marketing the Music

Promotion strategies include:

jinglea 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 jingles

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

  • Ad campaigns

  • Artist Web sites

  • Talk show interviews

  • Chat room discussions

  • Charitable activities

20


Marketing the music1
Marketing the Music

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

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

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.

21


Marketing print media
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.

22


Media and marketing
Media and Marketing

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

23


A piece of the action

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.

A Piece of the Action

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.

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.

24


What is the difference between the primary market and the secondary market in film distribution?

What is gross revenue?

Define programming.

1.

2.

3.

25


Checking concepts

3. secondary market in film distribution?

2.

1.

4.

The primary market in film distribution is the target audience or the theatres that run films in first release; the secondary market is the target audience after a film has been first run at theatres: foreign theatres, home rentals and sales, cable TV, airlines.

Evergreen products are films or products that are popular year after year.

Impulse spending is buying without prior planning.

DVDs, CDs, video games, and many others.

Checking Concepts

1.

Name three entertainment products.

2.

Explain primary and secondary markets.

Define evergreen products.

3.

4.

Describe impulse spending.

continued

26


Checking concepts1

5. secondary market in film distribution?

6.

7.

Theme parks utilize themes, characters, stories, and other intellectual property of the owners; water parks are low-cost fun centers for the whole family.

The game target market is young: 40% are under 18, and 40% are 18 - 35.

Programming, which is the style of music and play lists of radio stations or the schedule of shows broadcast on television, is important because it is through knowing the target market that advertisers purchase air time.

Checking Concepts

Differentiate between theme parks and water parks.

5.

Describe the customers of electronic and video games.

6.

7.

Explain the importance of programming.

continued

27


Checking concepts2

8. secondary market in film distribution?

A handful of major companies produce the bulk of the movies that are released; additionally, major theater chains control about 65 percent of the movie screens in the United States. Other business giants control other parts of the industry; Time Warner is one example. These companies can absorb losses more easily than small companies because they always have some unit that is earning very well.

Checking Concepts

Critical Thinking

Explain why you think large media companies have so much control over entertainment.

8.

28


29 secondary market in film distribution?


End of secondary market in film distribution?


ad