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Product Placement in Films (Pizza Hut) |
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Product Placements on magazine covers (Starbucks) |
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Product Placement in Music Videos (Diet Coke) |
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Product Placement in Television Soaps (Nationwide) |
brand marketers will spend an estimated $8.25 billion on them worldwide in 2012, rebounding solidly from the $6.25 billion spent in 2009 during the Great Recession.
For years, the opportunities for product placement — advertisers like to call it “integration” — in music videos were limited. MTV was the dominant outlet for videos, and its policy prohibited blatant plugs in videos, so the network would often blur brand labels or ask for a new version without the placement. But the airtime MTV devotes to music videos has decreased sharply, and the Web emerged as a preferred destination for fans, opening the door for labels and advertisers.
Rio Caraeff, the chief executive of Vevo, the music video network started late last year in partnership with YouTube, said the company aimed to enable product placement in videos.
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