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Mar 29, 2012

Make the Most of Your Marketing Budget: A Lesson from the “Hunger Games”

CATEGORY: ADVERTISING

“The Hunger Games,” a movie based on the first of a trilogy of books by young adult author Suzanne Collins, just completed a hugely successful $155 million opening weekend.

The film’s marketing budget—a paltry $45 million—was not only spent on tried-and-true movie promotion tactics like posters and paid advertising, but also on a comprehensive social media strategy that included fan blogs, Facebook, Twitter, Tumblr, a website, mobile games and more. That online buzz, slowly simmering for the past year, helped generate enormous interest by the time the film was finally released last Friday.

Selling a movie like “Hunger Games,” which takes place in a futuristic dystopian society (the “Games” are an annual contest in which children fight each other to the death) is just as complex as completing a B2B sale. What can marketers learn from this movie’s success?

  • Start with a great product. The Hunger Games trilogy is enormously popular and middle school and high school teachers consider it so significant that they have added it to mandatory reading lists.
  • Know your audience. The biggest fans of the books are Millennials who spend a lot of time on social media, especially Twitter and Facebook. Where does your audience live online? Do they frequent certain blogs? Are they on Facebook, or do they prefer Tumblr?
  • Engage them. Analyze your audience’s behavior online. Are they providing feedback about a certain product? Do they have questions about a particular model? Engaging and interacting with your audience helps promote your brand and your product.
  • Provide a marketing mix. Balancing your media budget between traditional outlets—like trade publications and tradeshows—and social media and online advertising to ensure you’re getting the most reach.
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  • March 30, 2012 (3:01 PM EST)
    Dan writes:
    Great point about knowing your audience. This has also helped "The Hunger Games" become an instant success, in that the movie could have easily been tailored to an “R” rating. The premise of the book is violent (children brutally murdering each other for prize and entertainment). Knowing that the majority of their audiences were preteens, the screenwriter and director cut back on the violence enough to achieve a PG-13 rating. If they hadn’t done so, they would have lost a large part of their target audience.
  • April 2, 2012 (2:47 PM EST)
    Andrea Fox writes:
    Thanks for your comment, Dan! I've read that high schools coordinated with local theaters for screenings as part of class time--the book has become required reading for some students. This kind of unique approach also can apply to B2B companies; marketers strive to reach their customers through many different kinds of outlets. A case study could be repurposed as a podcast or a webinar or even an ebook.
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