Is product placement right for your brand?

Remember that epic selfie Ellen DeGeneres took at the 2015 Academy Awards ceremony with the Samsung Galaxy Note 3? That tweet not only broke the record for retweets previously set by President Obama, but also caused Twitter’s servers to crash.

At this year’s Golden Globes, Fiji Water attempted a similar stunt by hiring model Kelleth Cuthbert, who spent most her time photobombing stars on the red carpet while holding a tray of Fiji Water bottles. The stunt worked: the hashtag #FijiWaterGirl trended on Twitter, and earned 98.9 million impressions on the platform.

As far as product placements go, Samsung is still the one to beat – but there’s no one-size-fits-all approach for successful product placement. Brands are often torn between seamlessly integrating products into the broader narrative, or making it apparent enough to trigger a viral moment on social media.

So, how do you decide what’s right for your brand?

Start with a goal
The goal of any product placement is to reach your target audience, but having precise goals is key to ensuring success. Do you want to drive brand awareness? Is it higher recall you’re after, or are you aiming for greater brand loyalty? Answering these questions will not only inform your strategy and approach, but also help identify the metrics you use to measure success.

Whatever your objectives are, public relations can play a crucial role in reaching your desired audience, and then sparking and shaping conversations with them. There are many ways a strong PR strategy can do this – and tied with a content marketing approach it can go beyond awareness and actually drive leads for your business that you can track and measure.

Make it believable
Pulling off a product placement tie-in is only successful if it is believable. When deciding on a partnership, brands need to identify whether it’s a good fit and in line with its own tonality and values.

Don’t force your brand into a piece of content where it doesn’t feel right – because you will get called out. Reebok’s association with Jerry Maguire is a great example of product placement gone wrong. Reebok paid production company Tristar $1.5 million to feature its products, but the company somehow ended up being portrayed as a villain because of its refusal to sponsor Cuba Gooding Jr’s character. After some legal back and forth, the two companies reached a settlement, which included an ad for Reebok in the film’s credits.

Consider different content types
For most marketers, TV shows and movies are obvious product placement choices. But increasingly, we’re seeing brands experimenting with other formats, only to reap rich rewards. Coca Cola and Subway have both used video games to promote their brands, while musicians like Lady Gaga and Kanye West have seamlessly included brands in their music videos. For instance, brands such as Miracle Whip, Polaroid and Virgin Active made conspicuous appearances in her “Telephone” video, while West’s video for “Wolves” doubled as a promotional ad for fashion house Balmain.

As a marketing tactic, product placements can work incredibly well or backfire spectacularly – so be savvy and cover all your bases when considering a new association.

Want to put some cool products in your ad? We’ll tell you how to go about it when you email us at [email protected]

 

 

 

 

 

 

 

 

Getting frank with Joe Part 1: “No one cares if you are a startup”

Okay, maybe your friends, family and investors do — but that’s about it. The rest of the world couldn’t care less that you are a startup.

They say they care, they think they care, they like the idea of it and the romance of it all, but they don’t really care. Don’t blame them; I’m sure they are nice people, but at the end of the day, their love of supporting a startup goes no deeper than an immediate reaction.

This might come as a bit of a shock because your business is everything to you. To you. Allow me to run you through a few home truths to help you avoid falling on your face when it comes to managing a successful startup.

Your target market doesn’t owe you anything

You can certainly leverage being a startup in your branding and to tap into natural sympathy and support. You can even cultivate pro-startup audiences and have your brand develop and evolve over time.

But be under no illusion that most people won’t hesitate to drop you if they have any issues or face any barriers.

They will gladly move back to their safe corporate, mass market product if you impact their consumer experience in any way. It’s simply the nature of the beast.

Don’t be a loser

Always be positive around friends, contacts, clients… anyone.

Why? When you talk about your business, even your closest friends are making subconscious decisions about you and your company, and when they have the opportunity to refer you to one of their friends or contacts, they know their reputation and credibility is also at stake.

If all they hear from you is complaints about staff or how tough it is, they are going to form a negative image of you and are less likely to make the referral.

But when you are positive and they feel like you are on the up and up, well, everyone loves a winner.

This is not necessarily a conscious decision. And yes, if you are too positive, you run the risk of not sounding genuine. No one believes any entrepreneur who says it is all smooth sailing.

Try something like this:

Friend: “Hey mate, how’s business?”

You: “Really good. Cashflow is a total pain in my arse but we are getting some really strong traction.”

Boom. You get your gripe out, but the positives outweigh it and you still sound like a winner.

Don’t let your bubble become a crutch

I often come across founders or staff from startups who are extremely tapped into the startup scene, constantly patroning drinks, networking events and conferences. In many ways this is great – you will learn something from your peers in this space and you’ll have a good time. They will be a valuable source of tips, advice and a sympathetic ear, but it does not replace your need to get out into the real world.

Unless your company or brand is aimed at the startup community, no one cares if you are friends with a dozen different CEOs of bootstrapped enterprises. By all means keep your toe in the scene, but the law of diminishing returns exists even for your own time. Instead, think about who your target audience is or what you want to achieve, and go where they go.

Don’t be a wuss

Toughen up. It’s supposed to be hard.

Recently, I was blown away when a startup I was meeting with said they couldn’t meet before 11am because that’s when they arrive at the office. Seeing my shocked expression they followed up with, “Oh don’t worry, we work really late. Like until 8, sometimes 9.”

It was clear they had bought into the romanticised version of their own story – staying up late working over Red Bulls and pizza with the occasional break to play Xbox. Meanwhile they are barely doing a normal day’s work because they don’t turn up until lunch.

I’m all for work life balance, but if you are serious about your startup, you are going to have to haul arse.

There is more to having a startup than proudly proclaiming it.

So basically, ignore the fact you are a startup in your day-to-day work life. Your number one priority is to move your business forward, so focus on that. Don’t let the hype or romanticism blind you. Be awesome every single day and get on with being successful.

If you have any questions just get in touch with us at [email protected].

This blog was first published in Tech in Asia on 19th April 2016