Media Investment 2024: one of the two big mistakes you shouldn't make like most do (part II)
(By Juan Maqueda and Marcelo Maurizio) Planning and creating product placement: the strategy that delivers the best results and is more relevant in the current era of integrated content in everyday life is a technique ignored and self-sabotaged by companies and digital, and even traditional, media agencies themselves, simply because it involves integrating, coordinating, and doing work that they just can't handle. Most companies and public figures are unaware of the secrets and benefits of implementing product placement due to a combination of biases, lack of knowledge, and, above all, cognitive bias. Many people wrongly believe that only big brands can afford to carry out product placement (or product integration) and that it is not possible for smaller brands or local ventures. This is a common mistake and a misconception fueled by a lack of education and understanding of this marketing strategy.
(By Juan Maqueda and Marcelo Maurizio) Planning and creating product placement: the strategy that delivers the best results and is more relevant in the current era of integrated content in everyday life is a technique ignored and self-sabotaged by companies and digital, and even traditional, media agencies themselves, simply because it involves integrating, coordinating, and doing work that they just can't handle. Most companies and public figures are unaware of the secrets and benefits of implementing product placement due to a combination of biases, lack of knowledge, and, above all, cognitive bias. Many people wrongly believe that only big brands can afford to carry out product placement (or product integration) and that it is not possible for smaller brands or local ventures. This is a common mistake and a misconception fueled by a lack of education and understanding of this marketing strategy.