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Advertising Express Magazine:
Product Placement: Moolah of Branded Entertainment
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Product placement, or embedded marketing, is a type of advertisement, where brands are placed in a background such as movies or television soap operas. The products and services are not openly advertised and promotion is done in a subtle manner. With this new strategic tool in their hands, marketers are aiming to reach their customers anywhere and everywhere. This article attempts to study the conceptual framework of product placement as a strategy and the related ethical dilemmas.

 
 

It is interesting to watch Aamir Khan don Louis Philippe in Ghajini or Shah rukh Khan having lunch at McDonald's in Chak De India. It is more interesting to recognize how marketers are cashing on this technique to gain the attention of the customers. It has been well-established by researchers that customers try to emulate their favorite actors and that gives enough reasons to marketers to use celebrities for endorsing their brands. Marketers are now moving beyond the concept of celebrity endorsement and instead of bringing the celebrity to the brand and make him endorse the product for a few seconds, they now intend to take the brand to the celebrity and let their brand integrate with the film and television productions. A fresh and challenging concept which helps the marketers to enable their brands to stay for a longer time in the consumers' mind revolves around product placement. It is a subtle tool, in which products are `placed' in films and television programs. The audience does not interpret the existence of the product and the producer also saves substantial amounts of money through `product placement'.

Product placement is reckoned by marketers for two reasons; first in many cases, the placement does not divert the attention of the customers from the main theme of the program. The reason behind this approach is to make the audience believe that the inclusion of the product is by the producer- and not by the marketer. Also, it may heighten the credibility of the product because the audience may think that the product is an unbiased selection of a third party. The second reason for using such a strategy is that various media vehicles are converging and integrating today and in the near future, customers may simply buy products by merely watching them on television programs or movies and it is expected that product placement opportunities will become an influential option for many marketers.

The history of product placement dates back to the 19th century when it was seen in an adventure novel, Around the World in Eighty Days in which transport and shipping companies lobbied to be mentioned as it was initially published in serial form. The turning point for product placement took place in the 1980s, when a very popular movieThe Extra Terrestrial utilized this concept. After this, product placement became a common practice in movies and TV shows. Initially, the concept was not seriously abetted, but with time, product placement has grown as a strategy and slowly and quietly it has become a part of the audience's favorite movies and TV shows. In fact, the best place to see product placement is in reality shows.

 
 

Advertising Express Magazine, Product Placement, Branded Entertainment, Embedded Marketing, Louis Philippe, Celebrity Endorsement, Media Vehicles, Leo Entertaiment, Reality Shows, Promotional Strategy, Branded Entertainment, Madison Mates, Maruti Swift, Ethical Dilemma, Marketing Phenomenon.