Hollywood's Golden Era of Partnership with Brands
Stacy Jones
Founder + CEO of Hollywood Branded, leading creative agency for pop culture. Product Placement, Celebrity/Influencers, Branded Partnerships. Writer. Host of Marketing Mistakes (+ How To Avoid Them) podcast. Speaker.
The Future of Branded Content Partnerships in Hollywood
The entertainment industry has experienced a significant transformation in recent years, with streaming services like Netflix and Amazon dominating the scene. As a result, the industry has had to adapt, and traditional advertising methods have become less effective. However, the collaboration between brands and Hollywood is far from over, and a golden era of partnership may be on the horizon.
Content's extensive vetting process makes it a solid opportunity for brands to get involved. With the rise of digital platforms, data analytics tools, and emerging technologies, brands and content creators can create powerful partnerships that entertain audiences and drive business results for audiences worldwide.
Content creators and brands can work together to deliver engaging experiences, both on-screen and off. Brands can provide talent, funding, or production resources to help bring a project to life. They can also collaborate on marketing campaigns that leverage star power and social media influencers to reach target audiences.
Brands can also make an impact by sponsoring projects in development or supporting existing productions. This kind of financial assistance can make it possible for a storyteller to bring their vision to life. With today's technology, brands have more options than ever before when it comes to integrating into entertainment projects. It’s no longer just about placing a logo on the screen; brands can now appear in storylines, be woven into scripts, or even become characters themselves.
Today's creators have the power to shape popular culture and make an impact on society at large.
Leveraging Audience Data for Successful Brand Integration?
The way people consume entertainment content has experienced a dramatic transformation in recent years, with streaming services like Netflix and Amazon taking center stage. This shift has profoundly impacted Hollywood and global content production, altering the landscape and redefining the game's rules. Advertising, a long-time entertainment industry staple, has also been affected by these changes.
However, the collaboration between brands and Hollywood is still ongoing. There may still be a golden era of partnership waiting for them on the horizon.?
The primary purpose of Hollywood and entertainment content is to serve as a profit-generating business engine. While some altruistic individuals would spend their last penny to create content that improves the world, this only happens with the financial support of others, such as advertisers or distribution platforms with deep pockets.
As a result, the content produced goes through extensive evaluation by numerous people, who dedicate hundreds of hours to ensure it's a worthwhile investment. This extensive vetting process also implies that the content is a solid, if not excellent, opportunity for brands to get involved with.???
That’s why I'm excited about the golden era of partnerships between Hollywood and brands that we are entering. The advancements in technology, especially within the entertainment industry, have made it possible for companies to partner with content producers on a much deeper level than ever before. This new era of partnerships offers brands the unique opportunity to be involved in content production from the very beginning and have a greater influence throughout the entire process.
It also opens up countless opportunities for collaboration between companies on different levels - from production, distribution, marketing and more. Brands can now partner with creators to create content that’s entertaining , informative and engaging for viewers.
This is an exciting time for brands who want to capitalize on this new era of partnership. They have the chance to build meaningful relationships with Hollywood producers, create content that stands out from the crowd and reach a larger audience than ever before.
By partnering with Hollywood producers, brands can leverage the expertise of professionals who have decades of experience creating compelling stories and powerful visuals. They can also tap into the world-class talent pool available in Hollywood, from actors and directors to cinematographers and production teams.
Brands can benefit from working with Hollywood producers in a number of ways. Not only do they get access to top-notch talent and production teams, but they can also gain insights into the latest trends in storytelling and visual effects. This knowledge can then be used to create content that resonates with viewers and delivers an impactful message for the brand.
Moreover, there is a wealth of promotional opportunities available to brands who partner with Hollywood producers. From product placement in movies and television shows
Brands now have unprecedented access to premium entertainment properties and can leverage those relationships to create powerful campaigns that have maximum reach and resonance.
The key to successful partnerships is finding the right producer for your brand. Producers with a track record of success, who understand your goals and possess the technical know-how needed to execute on them are always a great place to start. After selecting a relevant partner, brands must also work closely with producers to develop a strategy that meets both of their needs, while still delivering high-quality content.
Ultimately, the success of any Hollywood partnership relies on collaboration and open communication between all parties involved. When done correctly, these partnerships can help brands reach new audiences and offer unique marketing opportunities to create a lasting impression.
A Production is Born with Profit Potential
When content receives the green light, it gains approval to proceed into production by a major distributor, such as a broadcast network, streaming platform, or movie studio. Brands need to comprehend that before the first day of shooting even begins, the project has already been thoroughly evaluated for its profit potential. The content undergoes meticulous scrutiny, comparisons with other productions, revisions to casting decisions, assessments for possible PR issues, and checks for marketability, ensuring it aligns with a current genre in demand. Ultimately, the content must be confirmed as a lucrative venture generating significant revenue.?
The decision-makers have enough faith in the project to invest tens to hundreds of millions of dollars to bring it to life. Additionally, they allocate a similar budget for marketing and advertising efforts to attract their primary target: the all-important consumer.
Many resources are committed to ensuring that content will be viewed.
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The production process involves bringing a creative idea to life, initially conceived by those who first imagined it and subsequently nurtured by hundreds of people participating in the storytelling and production process. The employment of these individuals comes at a cost, and their future careers rely on the revenue generated from their contributions and decisions, which influence not only the current production but also others they work on.
Each production functions as a single cog in a vast machine of perpetually moving content cogs. The productions that generate more revenue help compensate for those that underperform. This high-stakes environment contributes over $2 trillion to the global economy annually.
Money + Time
This implies that the revenue generated from the content must be substantial and exceed the costs of its development in the long term. The earnings stem from one of two sources, both of which have been the models for the past century: Money and Time.
In essence, the success of the entertainment industry relies on two key factors: Money and Time. It operates as a dual-component system, where the distributor or content holder requires both payment and viewership. This applies to both initial releases and content that persists over time, generating revenue through syndication or streaming.??
The extensive third-party validation process ensures that the crucial elements of money and time are met, making the content a stronger platform for brands to collaborate with. Brands can capitalize on these opportunities by running ads alongside the content, leveraging the intellectual property for licensed products or co-branded campaigns, or integrating their brand into the storyline. Engaging with the entertainment industry in this manner can be a safer investment than one might initially assume.
New Opportunities for Brand Integration and Partnership
With the rise of streaming services and on-demand platforms, brands have many opportunities to integrate their products and messages into the content. As traditional advertising becomes less effective due to ad-skipping and ad-blockers, the more innovative methods of integration are becoming more appealing to brands.
Brands can collaborate with content creators to craft authentic and organic integrations that resonate with the audience. This can help brands enhance their image and foster stronger relationships with consumers. By partnering with Hollywood and global content creators, brands tap into the massive audiences these platforms command and align themselves with popular culture and trends.
Audience Data and Insights
The rise of digital platforms has also given rise to sophisticated data analytics tools, allowing content creators and brands to understand audience behavior better. This wealth of data can help brands optimize their marketing efforts, targeting the right audience with the right content. It also enables the ability to measure the impact of partnerships, allowing our teams to test and try various content partnerships to maximize return on investment.
Brands can leverage audience insights to create highly targeted campaigns, reaching viewers with personalized messages based on their viewing habits and preferences. This level of personalization can lead to higher engagement, brand recall, and, ultimately, sales.
New Ways To Create Co-Branded Partnerships
As content consumption continues to evolve, brands and Hollywood will adapt and find new ways to work together. The future holds exciting possibilities, including virtual reality and augmented reality integrations, interactive and immersive storytelling, and dynamic advertising. You've already seen the QR codes popping up with overlays that allow you to pause, click and learn more. We will see even more interactive branded content across broadcast, cable, and streamers. I'm waiting for the transformation of network TV to begin incorporating more of the tools movies use to market themselves - namely, co-branded promotional partnerships.
Brands and content creators can forge even stronger partnerships, driving innovation and creating memorable experiences for audiences worldwide. By leveraging the power of content, data, and emerging technologies, brands can create powerful partnerships that entertain audiences and drive business results. The golden era of collaboration between brands and Hollywood is just beginning, and the opportunities are limitless.
In reality, there is only one sure-fire marketing strategy that is going to be the perfect fit for your brand.?And that is why you want to create a marketing mix - and product placement enhances any marketing or advertising you may already be doing. Learn more about product placement with these blogs our team has written:
You can also check out my?podcast series?and our other daily?blog posts?on entertainment and influencers insight and tips.
We also offer one-on-one consultancy services so you can get the most out of your product placements. Our experienced team will work with you to identify the right partners and influencers, create effective campaigns, and measure performance. With our help, you'll be able to maximize ROI while creating long-term relationships with customers. Reach out today to find out more!?
Stacy Jones
CEO + Founder, Hollywood Branded
Associate Director at Bamboo Crowd I Recruiting for Innovation, Strategy, Research, Strategic Design
1 年Really interesting, Stacy! Being a huge film buff and working in the brand strategy space - this marries my two loves ??
Outlandish Consulting Group Inc | Blende Media Group | Black Beat Magazine | Platinum Vault Entertainment Group Inc & PVTV Network | Georgia Black Expo
1 年Thanks for the insight. Very informative?
Talent Manager | Grammy & SAG Award-Winning Artist Mya | Product Manager, Marketing, Digital, Business Development, Retail, Licensing, Sales, Beauty, Influence, D2C, Merch, Global Strategy, PR, Events, Touring, Retail
1 年This is an excellent piece! Thanks Stacy Jones!