Sunday, December 8, 2013

Internet advertising can help artists build a brand




Research shows “consumer spending has more than doubled in the first half of fiscal year 2013.” [1] A large part of the spending has resulted from advertising on the Internet. The amount of money earned with leads generated from digital marketing is staggering. According to one Hub Spot How-to book, “$159 billion in retail sales were influenced by mobile in 2012 -- a much higher number than what is recognized in advertising.[2]


There is no argument that in today’s market it is important to consider advertising  on the Internet. Seeing this particular blog was designed to investigate platforms that can help artists take their visions and go viral, it would show more than poor taste to ignore the value found in utilizing digital marketing. When building a brand the use of social media has become such a mainstay managers of artist must take into account that not finding the presence of a brand in social media can literally stir up suspicion. This post will take a look at some helpful tips for artists, when using social media for advertising

  • ·      HELPFUL TIPS
  • ·      SYNC THE SOCIAL MEDIA SITES
  • ·      TRACK THE AUDIENCE
  • ·      ENSURE INFORMATION IS RELEVANT 
  •      OPTIMIZE SEARCH USING KEYWORDS
  • ·      APPLY EFFECTIVE INTERNET ADS
  • ·      DESIGN A MOBILE MARKETING STRATEGY

Product Management Director of Vibrant Media says “ We’re in the midst of a great migration to portable devices and the opportunity for marketer is immense.”[3].  An Artist Manger must determine how to effectively apply this information when building a brand for the artist. When advertising on the Internet, using keywords can help build the density of the site and improve search engine optimization. Utilizing these tips can help to destroy the feeling by a visitor to the site that something is wrong. To ensure that advertising through social media will let the trend be your friend one recent Bloomberg video that says along with interacting with the community created by the social media site, “ blogs should focus on relevancy.”

 Peter Fenton sits on the board of Twitter. In the video above he is discussing making Ads relevant on Twitter and other social media sites.[4]

SUMMARY
When considering the role digital marketing can play to advance the entertainment career of an artist, it’s important to investigate the information found on the social media sites. This exploration allows a brand to optimize the ability to draw in knew customers and maintain the presence of current visitors of the site. When considering the use of Internet ads, it is not enough to just apply ads. The ads must be strategically aligned with the interest of the audience. Resources like Google Ad Words, Quant Cast, and Alexa.com advance the ability to go behind the scenes of social media sites to research data on people who visit the sites. While the information is limited to expose such things as geographical location, age range, cultural ethnicity and interest, it is helpful to apply this knowledge towards improving relevancy of topics for a blog or website. By monitoring websites for information on viewers, keywords can be selected to help guide the audience intended to the site.

Sunday, November 17, 2013

Two non traditional strategies to fund a movie



Seen here is 
Shamar Moore.

He successfully raised  more than $500,000 on the crowdfunding site indiegogo to help meet his funding needs. The Bounce Back  is his upcoming movie to be seen in theaters soon. This actor turned writer offers some inspirational directions to obtain funding for a feature film.

This blog takes a look at the strategies taken to accomplish that. When considering some similarities and differences, a few factors appear relevant for artist who may be interested in identifying methods to obtain finances for their film.




seen here is Mellisa Gilbert featured in the upcoming movie, "One song"


seen below is Writer, Scott Thompson who successfully raised $190,000 to fund the film.

Talk show Host, Conan OBrian

Like Moore, Scott Thompson applied a non- traditional strategy, as well. His company ”My Town Productions has a unique grass-roots model, ” according to the article in CBS Minnesota. Scotts business,” My Town Productions pitched the movie to several cities looking for funders. Excelsior’s community came up with 51 percent of the $190,000 budget.”



Talk Show Host Queen Latifa
PROS
Some shared strategies used by both include the stunning artwork found on the cover of both the book and the trailer for the movie, the logline, and the interesting synopsis as reviewed in the clip above. As tools for marketing and advertising, the use of social media, and attending Talk Show interviews is required as seen above in the clips.

Both strategies rely on a positive aspect of creative financing that allow investors to become more closely involved in the making of the film. Not only are investors and other community members invited to play a role as an extra in the actual making of the movie, additionally, they receive the same advantages as any other major actors. Investors who commit to this venture are allowed to attend the premier and the after party for opportunities to celebrate and network.

CONS
In the clip, Moore discusses the role of the traditional financier. He makes reference to the power they often flex when casting calls are underway. In this pitch, Moore ensures non traditional investors the performances in his movie are keeping with high expectations, without submitting to the high cost of including a line of A- list actors. He suggests that reducing the risk of pressure from powerful film executives is one element that makes raising funds through Indiegogo more advantageous than the pursuit of a traditional loan.

One downside to raising funds through city shareholders as expressed in this example, is the loss of ownership for the intellectual property rights. Contrary to one of the major benefits of seeking permission for copyrights, the ownership of the film is turned over to the City of Excelsior, MN.

SUMMARY 
In summary, seeking a loan is not an act that is discounted when trying to obtain funds for media publishing. Research supports the  realization that emerging trends allow for alternative solutions. When considering the followership available in social networks or current platforms within entertaiment, it is important to build from the current fan base. By comparison, other forms of media  including books, magazines and songs may not take as much to produce as the production of a film. When considering some non-traditional options for raising funds to produce a film, both idiegogo and kickstarter offer opportunities to seek crowdfunding. Pitching your idea to an investor such as a city, may deliver a larger budget upfront, but it is important to consider the requirements of copyright status that may be lost along the way.



References:

Kupchella’s, Rick. BringMe the News, New Kellerman, Farrell, Gilbert film begins shooting in Minnesota, October 29, 2013. http://www.bringmethenews.com/2013/10/29/new-kellerman-farrell-gilbert-film-begins-shooting-in-minnesota/



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