Product placements are morphing
Articles & Reports
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Dec 2023
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The Robin Report
What: Mass culture is shifting and product placements are changing nature.
Why is this important: Everything is being fluidified, including the notion of retailing a product, or a moment.
The landscape of product placement in films and television has evolved significantly, becoming a crucial part of storytelling and driving consumer demand. Key points include:
- Consumer Influence: A BENLabs study revealed that 46% of consumers first learn about products through TV or movies. Subsequently, 75% search for a product/brand after seeing it on screen, with 57% making purchases.
- Studio-Brand Dynamics: Film and TV studios are now emerging as brands themselves. Instead of relying on third-party websites for merchandising, studios like A4 Studio are collaborating with independent brands and designers to create and sell themed merchandise directly through their own websites.
- Product Authenticity and Emotional Connection: Product placements in media offer consumers a tangible connection to the fictional worlds they adore. This trend has grown beyond traditional merchandising, with studios directly selling items like makeup or accessories featured in films, such as the eyeliner from Sofia Coppola’s film or the "Heart of the Ocean" necklace from "Titanic".
- Direct Studio Sales and New Consumer Mindset: Modern consumers are less concerned about perceptions and more driven by the emotional satisfaction derived from products linked to their favourite films. Studios are tapping into this sentiment by selling directly, enhancing the authenticity and desirability of the merchandise.
- Advantages of Studio-Brand Partnerships: This approach offers several benefits, including creating limited edition products that drive excitement and demand, doubling exposure through collaborations, and positioning studios as lifestyle brands. It also provides cross-merchandising opportunities, driving traffic to both upcoming films and related merchandise.
- Shift From Licensing to Authenticity: Consumers now perceive products made directly by studios as more authentic, enhancing their appeal. This contrasts with products from off-price outlets, which may not match the quality or authenticity of branded counterparts.
- Evolving Nature of Product Placement: The future of product placement is about holistic integration into films, with studios partnering with brands to create product-inspired films. This approach goes beyond traditional product placement, creating media that authentically incorporates products into the storyline.
- Trend of Product-Inspired Media: Expect a rise in films that blend historical elements, nostalgia, and products to create iconic, emulatable characters. This trend represents a more fluid form of product placement, blurring the lines between media, studio, and product.
In summary, the relationship between product placement, film studios, and consumers has become more direct and integrated, with studios acting as brands and offering authentic, emotionally resonant products that extend the film experience into real life.