Consultation1 jp 1

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Brice Leonard, Kaedy Hess, Brittani Chandler, Howard Kings, Tanner Kerley

Transcript of Consultation1 jp 1

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Brice Leonard, Kaedy Hess, Brittani Chandler, Howard

Kings, Tanner Kerley

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Value

• Production

• Distribution

• Exhibition

• Consumption

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Value

• Money

• Revenue

• Experience

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Licensees

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Benefits and Risks of Marketing

• Target audiences played main role in success• Batman had high consumer awareness• Helped generate high demand• Generated about $1 million• Batman Returns rated PG-13• Did have McDonald’s for sequel

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Benefits and Risks of Marketing

• Concern about audience fit• Book was violent and not child friendly• Only one dinosaur in US media at the time• Barney had generated $100 million• Toys and replicas of “real” dinosaurs were

aimed at older children

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Benefits and Risks of Marketing

• Sony releasing “The Last Action Hero”• Starring Arnold Schwarzenegger• Sony planned from action figures to video

games• Even rumored to put the logo on a NASA

space shuttle

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Challenges in Merchandising

• Establishing a marketing campaign using toys, books, fast food, and special events.

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Challenges

• Distinct logo created based on original book– Dinosaurs themselves could not be trademarked

so logo was needed

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Challenges in Merchandising

• Worked with McDonalds to create a marketing strategy in the US and globally, using the entire menu, especially the dino size value meals.

• Commercial

• A fake news blitz was used to encourage excitement over the coming film, giving the JP team time to work out licensing deals and coordinate packaging and logos.

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What is “Media Synergy” and “Film Franchise”?

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Highlights

• What did Jurassic Park do to franchise the film?

• How did Jurassic Park use media synergy?