Hollywood creates amazing opportunities for brands
to assimilate their products into American culture. Sometimes it is an unpaid
product placement, other times it’s an investment made by companies. However,
the data has shown that if the product is well integrated into the film, the results
can be impressive. Here are five brands that benefited from placing their
product in a Hollywood film.
Product: Ray-Ban's Wayfarer
Movie: Risky Business (1983)
In Tom Cruise’s breakthrough movie,
he plays a suburban high school student whose parents go out of town for the
weekend, leaving him free to go wild. His character wears Ray-Ban’s Wayfarer
sunglasses throughout the movie. Ray-Ban went on to sell 360,000 pairs
that year.
Product: Reese’s Pieces
Movie: E.T. the
Extra-Terrestrial (1982)
In
this classic Spielberg film, we see young Elliot lure E.T. go back to his room
with a bag of Reese’s pieces. This was the first paid product placement, and it
surely paid off. Profits rose 65% after the movie.
Product: Mini Cooper
Movie: The Italian Job
(2003)
Mark Wahlberg and Charlize Theron
star in this action adventure thriller that revolves its plot around the size
and speed of Mini Coopers. BMW lent thirty cars to the producers, which came
back around to benefit them. The brand experienced a 22% increase in sales over the year before.
Product: BMW
Movie: GoldenEye (1995)
Pierce Brosnan rides around in the
famous “Bond car”- a BMW Z3 Roadster- throughout the movie. BMW invested $3
million to place it in the film, but ended up earning $240 million in advance
sales. Another win for BMW in Hollywood.
Product: Etch-A-Sketch
Movie: Toy Story
(1998)
Although Etch-a-sketch only played a
small role in the movie, it made a huge impact in the marketplace. Sales
boosted a stunning 4,500%.
There is a lesson here for businesses of all sizes. If you are willing to take risks, the reward can be tremendous.
1 comment:
I have always felt fascinated seeing how smoothly products are placed in movies!..Seems a brilliant idea by the branding agency
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