This deck is about how Netflix's famous show, The Stranger Things use marketing campaigns to create buzz around their show and increase audience engagement
This deck is about how Netflix's famous show, The Stranger Things use marketing campaigns to create buzz around their show and increase audience engagement
For my Capstone at Flagler College, I conducted primary and secondary research to establish a marketing and public relations campaign to deter consumers from pirating Netflix Original content.
The premiere of OUTCAST on Facebook Live made media history. More importantly, the effects of FOX's intelligent social media premiere left ripples of success throughout its business.
In this case study, we learn how FOX...
- Used Brandwatch to mine social data to inform benchmarks for future programming
- Increased positive conversations around its brand and show by 320%
- Brought its business strategy to where its viewers are - on social media
1 Was it a wise move by Netflix to move from a distribution.pdfabyssiniaimpex1
1. Was it a wise move by Netflix to move from a distribution company to a production company?
2. Can they afford to sustaining and producing original content or will they ultimately have to
buy/merge with a movie/television studio to create a greater portfolio of content?
Article: In 2018, Netflix had over 125 million subscribers in some 190 countries worldwide. It had
earned almost $12 billion in revenues in 2017, and rapid growth in both domestic and international
subscribers had fueled intense investor enthusiasm, causing its market capitalization to reach just
under $150 billion and making it one of the fastest-growing stocks on the market. A photo shows a
puppy dressed in a coat posing. The text behind reads, A Netflix film, Benji. John Sciulli/Getty
Images Entertainment/Getty Images When Netflix was founded in 1997, its business model was to
rent and sell movies on DVDs by mail. Customers could browse and select movies online, and
those movies would be mailed out to the customer, who would then mail the movies back after
watching. Though it initially started with a per-movie rental fee like its largest bricks-and-mortar
rival, Blockbuster, it soon moved to a subscription fee. Customers could choose among plans with
different prices based on how many movies they wanted to rent simultaneously, and they could
keep movies out at long as they wanted without late fees. The subscription plan was a hit, and by
2005 the company was shipping out over a million DVDs a day. One of the most compelling
features of the Netflix site was its recommender system. As people rented movies, Netflix
prompted them to review the movies they had already seen. It thus steadily accrued a massive
database about correlations among movie preferences that it could use to make movie
suggestions to users. For example, if a user gave a five-star rating to Journey to the Center of the
Earth, the system would suggest they might also like The Mummy, Indiana Jones and Kingdom of
the Crystal Skull, and Inkheart. The service turned out to be enormously popular and soon
sounded a death knell for bricks-and-mortar video stores. By having centralized inventory and
shipping movies to people, Netflix could offer a much wider selection than physical stores could
offer, and its scale meant it could both negotiate better prices on content, and invest in value-
added services for customers like the review and recommender systems mentioned previously,
online movie trailers, and more. Importantly, Netflix was also a key channel for films by small,
independent filmmakers to reach audiences, enabling the company to forge relationships that
would prove to be increasingly valuable as time passed. In 2007, Netflix began offering movie
streaming, which rapidly grew to be the preferred mode of movie consumption. Then, in 2011, the
company began acquiring original content for exclusive distribution on Netflix, starting with the
series House of Cards and Lilyhammer. By 2013, it had moved into co-.
Netflix: Digital Marketing Evaluation of the Over-the-top Media-Service ProviderSagarChaujar
Netflix: Digital Marketing Evaluation of one of the World's Biggest Media Service Provider with its Social Media Strategies & Consumer Insights/Sentiments on the campaigns they run on the Internet.
The importance of a strategic plan for the media companiesNargis Alokozay
For all media companies which have been working for many years before, the tension is about the new technology, new customer, new demand, and new entrance. These new technologies brought many trends in the Media and entertainment industry. They can’t influence today Z generation with the previous quality and distribution system of their services. This research well pointed out the essence of having a strategy for Media companies and the result of not having it. There are companies that well establish their strategy and still survive because of the commitment and loyalty that they have for their strategy. It also points to the importance of having the greatest management for the greatest strengths because of delivering what they have promised. This paper also compared two companies and illustrate the importance of having the right and flexibility of the strategy. To be a successful media company in the market while the toughest situation of technology trend is ongoing in the Media and Entertainment industry. The right strategy will keep companies alive and value them as a brand in their target market mind. It is required to be proactive in planning and more structured in the area of environmental scanning in aim to survive in the market.
DigitasLBi, the only agency co-founder and presenter of the Digital Content NewFronts, brings you a wrap-up of what matters most for brands coming out of NewFronts 2017.
Running head WEEK 3 ASSIGNMENT 1 1WEEK 3 ASSIGMENT 17We.docxrtodd599
Running head: WEEK 3 ASSIGNMENT 1
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WEEK 3 ASSIGMENT 1
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Week 3 Assignment 1
Joanna Nasser
Strayer University
BUS499 Business Administration Capstone
Dr Keller
Netflix
Pay TV is one of the industries that were significantly affected by the internet revolution. The 21st Century television industry is gradually departing from the old models that one needs a set-top box and television cable connection, antennae or satellite. Nascent pay television companies are relying on new television models that have WiFi and Ethernet connection capabilities. Netflix is a leader in the internet television industry with millions of subscribers all over the globe. Netflix offers its subscriber Bluer Ray and DVD rentals as well as online streaming of movies and television series. The titular selling points for internet television is a la carte programming that allows viewers to pick the content they would wish to watch and absence of television advertisements- that viewers are growing increasingly of. Netflix and other streaming services solely rely on viewer subscription fees for revenue rather than ads. The strategies employed by Netflix enabled the firm to stave off competition from other pay-TV companies since the competitors had just copied and pasted the traditional model of television on online platforms. Since it had minimal need for infrastructural investments and global reach, Netflix can offer low subscription fees and as a result, maintains a grip on the market.
Globalisation
The internet is the foremost agent of globalisation. It is regarded as a terus nullius (no man's land) in which territorial boundaries are diminished. Online business has no geographical boundaries while regulatory barriers of entry are severely damaged. The internet offers Netflix and other online television companies an opportunity to reach global audiences at lower costs. Online firms are no longer preoccupied with local audiences; they have shifted their attention to the global market that is comprised of billions of audiences.
Consequently, they can take advantage of higher economies of scale that would enable them to offer discounted subscription fees and still make decent returns on investment. The fact that the company is of American origin gives it an advantageous position as most of the content would be in English, a culturally superior language that is widely spoken around the world (in virtually all the continents). Netflix also has programs that are available in more than one languages. Money Heist, originally a Spanish language program, is available in English and Spanish languages. The inadequacy of the television program has turned millennial to the internet in search of programs more suited for their entertainment needs. These needs are quality programs, on-demand programming and low subscription costs (Cunningham & Craig, 2016). It is the ability to reach global audiences and make content that corresponds with their language, needs and global culture .
Digitas, the only agency co-founder and presenter of the Digital Content NewFronts, presents the top trends and takeaways coming out of NewFronts 2018.
1. Cross-media convergence – Combining of two or more mediums, and it can happen
in the film industry through production, distribution and exhibition, buy overlapping
technology.
Skyfall song and Skyfall film
Ill Manners film, with Plan B’s album, who also stars in it
Media synergy – The simultaneous release of different products to boost both. It is
often used by bigger companies with larger budgets to promote linked products
across different media.
Products (can also be t-shirts or toys) or promotion
House of Cards
The US Netflix show was based on a successful British series, and was created with the
knowledge that it would be an inevitable success, due to the fact that Netflix
generally has a large range of audiences, and so the show was originally promising.
All episodes were published at once, which created a whole new perspective.
Netflix looked at data of their user’s habits to determine the characteristics of their
audience, and analyse their patterns. By combining these elements of data, Netflix
was able to create the ideal television programme.
Since Netflix is not reliant upon TV Networks or institutions, they are given the freedom
to market as they wish. They have promoted the show by letting their subscribers
know of new updates and promotions, and have put up high-profile billboards in
various states for certain programmes. As well as this, they managed to advertise on
TV during competitive time-slots.
The exhibition of the show was all done through Netflix, and the show was only
exclusive to their subscribers, which therefore encourages more people to subscribe
to Netflix, to be on top of the newest trends.
The target audience of the show is mainly an adult audience that take an interest in
politics and drama. Netflix would have attracted specific subscribers based on their
viewing history and what they have watched previously, and they would
recommend them themselves. Besides this, the general marketing would have
created more appeal and discussion over the series outside of the Netflix platform,
which would have enticed people who are interested into subscribing.
This could tell us that TV production, distribution and exhibition will mainly be online
based, and technology will be overlapped to market this film, so the appeal of the
film will branch out even further.
Netflix vs Film4
Skyfall
Marketing strategies included:
Soundtrack, with Adele’s chart-topping title song, which was released before
the film itself
The Coca Cola tie in the promotion of the film
A specific phone used in the film, known as “the Bond phone” contributed
towards promoting the film as well
Adverts created by Sony
2. Media synergy was important in the success of the film, particularly shown through
the soundtrack, and Adele’s song, considering the fact that she is a successful artist.
Both her song and the film itself are being promoted here.