OVERVIEW Understand the concept of film- based merchandising, and study the pattern of its growth in...
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Transcript of OVERVIEW Understand the concept of film- based merchandising, and study the pattern of its growth in...
CASE STUDY
Film
Based Merchandising
ON
OVERVIEW
Understand the concept of film- based merchandising, and study the pattern of its growth in India as compared to the US film industry
Discuss the pros and cons of a movie producer's decision to associate his/her movie with a particular brand/company
Understand the rationale behind companies entering into film-based merchandising deals, given the risky nature of the business
Determine the various problems that hamper the growth of the Indian film-based merchandising business
Understand the potential of Indian film-based merchandising and the factors that can contribute to its success in future.
Evolution of FBM in US
Entry by – Walt Disney(1930)
A new era in FBM – Extra Terrestrial(1982)
Backward integration – A Bug’s Life & Toy Story
Increase in tie ups(130 Companies) by Walt Disney - 1996 for 101 Dalmatians
Mc Donald’s, Dr. Pepper, Frito Lay, Taco Bell, Pizza Hut
FBM in India
World’s Largest film producing country
Overall 27000 feature films by 2001
Avg. 800 movies / year – 52 languages
Reluctancy of Indian Producers
Earliest Maine Pyar Kiya – 1989
Successful – Hum Aapke Hain Kaun, Lagaan
Failures – Roop Ki Raani Choron Ka Raja
Q1A) Examine the role of FBM as a promotional tool in India for both English and Hindi movies.
Screen to shelf
New promotional avenue
Generating revenue
360 degree experience
Q1B) As the marketing manager for a media conglomerate what measures would you adopt to fully utilize the potential of FBM as a promotional tool for a movie ?
Measures to be adopted
Market is diffused
Segmentation :
– Demographic
– Geographical
Shelf to screen
Reverse Logistics
Backward integration
Brand Awareness
Value creation
Helps in Cross selling
Helps to generate revenue
Q2) With the majority of movies made in India failing at the box – office, do you think associating their brands in such a speculative manner is advisable for the companies?
Q 3A) What are the problems that hamper the growth of the FBM business in India?
Large no. of flops Limited range – consumer not willing to pay for ltd range Character – Actor based Slow trend of FBM License issues Import restrictions Thriving grey market Late marketing
Movies should be made in a systematic manner
Improvise import restrictions & license issues
Diversified range
Advance promotional marketing
Rapid Marketing
Q3B) What measures do you think need to be taken to boost FBM in India and help it become as successful as in the US movie industry?
THANK YOU
Neel Merchant 021Nikesh Mehta 025Nikesh Shah 026Pratik Jain 033Pushkar Kashyap 036Sujan Damani 061