Alright don't judge me, I'm binging on a little bit of chocolate, and looked into hersheys and reeses.
Between Seinfeld and E.T., M&Ms has really missed some huge marketing opportunities (not that the company is exactly hurting). The rumor is that Mars, Inc., just didn't think this was a worthwhile movie on which to spend their advertising dollars, but no one has ever substantiated that fact. Whatever the reason is, it was a big mistake—Mars' competitor, Hershey, snapped up the opportunity to promote Reese's Pieces. Hershey agreed to spend $1 million promoting E.T. in exchange for the rights to use E.T. in its ads. The payoff was huge—the delightful little peanut butter candies (can you tell I like Reese's Pieces?) saw a reported 65% jump in profits just two weeks after the movie's premiere.
Awesome example of how partnering up can benefit both parties. The old, scratch my back and I'll scratch yours.
His story is really amazing, a long process of becoming the #1 selling brand. Check it out here
en.wikipedia.org
Another interesting one
Slinky, Etch-a-Sketch, Mr. Potato Head; Toy Story
I am a testament to the power of the product placement in Toy Story. But I'll get to that in a minute. When the movie came out in 1995, classic toys like Mr. Potato Head and Slinky weren't doing so great. After being featured as characters in the Pixar/Disney film, sales soared immediately. Etch-a-Sketch saw a 4500% boost. Slinkys were no longer being produced because they weren't profitable. Post-Toy Story, Slinky received 20,000 orders, which revitalized the company. Mr. Potato Head sales jumped 800%. And that's where I come in. I am a sucker for those big displays at Disney World and Disneyland where you can go through the bin of Potato Head parts and shove as many will fit into a box for $19. I have a ridiculous number of parts, from Tinkerbell's wings to Dumbo's ears to Cruella DeVil's purse. That's double branding right there. Genius.
BMW Z3, GoldenEye
James Bond is apparently one of the most powerful car salesmen in the world. After driving Aston Martins for years, 007 found himself equipped with a BMW Z3 Roadster in 1995's GoldenEye. Sure, it cost them $3 million, but people saw the movie and fell in love with the Roadster. BMW made $240 million in advance sales alone.
View: https://www.youtube.com/watch?v=imxfHGCGIlk
Between Seinfeld and E.T., M&Ms has really missed some huge marketing opportunities (not that the company is exactly hurting). The rumor is that Mars, Inc., just didn't think this was a worthwhile movie on which to spend their advertising dollars, but no one has ever substantiated that fact. Whatever the reason is, it was a big mistake—Mars' competitor, Hershey, snapped up the opportunity to promote Reese's Pieces. Hershey agreed to spend $1 million promoting E.T. in exchange for the rights to use E.T. in its ads. The payoff was huge—the delightful little peanut butter candies (can you tell I like Reese's Pieces?) saw a reported 65% jump in profits just two weeks after the movie's premiere.
Awesome example of how partnering up can benefit both parties. The old, scratch my back and I'll scratch yours.
His story is really amazing, a long process of becoming the #1 selling brand. Check it out here
H. B. Reese - Wikipedia
Another interesting one
Slinky, Etch-a-Sketch, Mr. Potato Head; Toy Story
I am a testament to the power of the product placement in Toy Story. But I'll get to that in a minute. When the movie came out in 1995, classic toys like Mr. Potato Head and Slinky weren't doing so great. After being featured as characters in the Pixar/Disney film, sales soared immediately. Etch-a-Sketch saw a 4500% boost. Slinkys were no longer being produced because they weren't profitable. Post-Toy Story, Slinky received 20,000 orders, which revitalized the company. Mr. Potato Head sales jumped 800%. And that's where I come in. I am a sucker for those big displays at Disney World and Disneyland where you can go through the bin of Potato Head parts and shove as many will fit into a box for $19. I have a ridiculous number of parts, from Tinkerbell's wings to Dumbo's ears to Cruella DeVil's purse. That's double branding right there. Genius.
BMW Z3, GoldenEye
James Bond is apparently one of the most powerful car salesmen in the world. After driving Aston Martins for years, 007 found himself equipped with a BMW Z3 Roadster in 1995's GoldenEye. Sure, it cost them $3 million, but people saw the movie and fell in love with the Roadster. BMW made $240 million in advance sales alone.
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