Branding | Branding in the Entertainment Industry | Pricing Desicions | Pricing in the Entertainment Industry |
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What is branding
Labeling cars, an airline soup or movies.
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What is a franchise
A series films, programs, or character portrayals to expand the activities in a series.
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What is revenue
Money brought in through the sales of goods and services during a specific period of time
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What is pricing in television and radio advertising
Companies paying millions for a 30 second Superbowl commercial.
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What is a brand extension
Clothing lines by celebrities
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What is a soundmark
MGM Lion
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What is a loss
Gross profit is in the negatives.
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What is financial success
A TV show is able to air for 3 seasons and/or complete 60 episodes.
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What is brand identity
Is a consistent feeling or image that consumers recognize when encountering the brand.
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What is a crossover artist
Taylor Swift transitioning from country to pop
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What is profit
Gross profit and net profit
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What is pricing in the film industry
Sources of revenue are from profits from tickets, rentals, video and DVD sales
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What is multimedia
Ideal for marketing in the entertainment world.
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What is a television franchise
A feature film, later turned into a TV series
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What is pricing in the entertainment area
Retail pricing for goods share similarities
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What is concert pricing
Ticket sales rely on estimating public demand and matching competition.
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What is a celebrity
Not only performers but also brands.
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What is a film franchise
Marketers taking advantage of the popularity of the first movie.
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What is the objective of a plan.
Reach the goal.
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What is pricing in the music and recording industries
Retailers might pay $11-$12 for a CD that marks up to a retail price of $15-$19.
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