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.

Firstly, product placement is not an exclusive strategy for big brands. Any company, brand, celebrity, or venture can benefit from this marketing strategy in plays, TV shows, videos, or radio, whether at a local, national, or international level. Product placement can be an excellent way to build brand awareness and promote products or services in a non-intrusive and subtle manner. Additionally, this strategy can also help improve brand image by associating it with a popular movie or TV show.

One of the key benefits of product placement is its ability to reach a specific audience in a more authentic and natural way. Unlike traditional ads, product placement doesn't interrupt the viewer's experience; instead, it integrates into the plot and story. This allows the viewer to feel more connected to the product or service and increases their interest in it. Moreover, product placement can also be used as a tool for storytelling and character development.

Another important factor to consider is cognitive bias, which can limit the understanding and adoption of new marketing strategies. People often cling to their beliefs and prejudices, rejecting anything that contradicts their viewpoint. In the case of product placement, some may believe it's ineffective or too expensive for their brand. However, it's essential to remember that product placement is not a one-size-fits-all solution, and each campaign must be customized and tailored to the specific needs and goals of the company.

Below, we share some of the thousands of successful product placement cases for both large and small brands.

Successful Product Placement Cases for Large Brands:

  • Coca-Cola in the movie "The Hunger Games": The beverage brand achieved great success in the film because the story unfolds in a dystopian future, yet the brand appears as one of the few positive things remaining.

  • Audi in the movie "Iron Man": Audi gained significant brand exposure by being the official vehicle of the main character, Tony Stark.

  • Nike in the movie "Forrest Gump": The sports apparel brand benefited greatly from the appearance of its products in the film, especially the sneakers worn.

  • Ray-Ban in the movie "Top Gun": The sunglasses brand benefited from its appearance in the film due to the popularity of the main characters, Tom Cruise and Val Kilmer, and their lifestyle.

  • Mercedes-Benz in the movie "Jurassic World": The luxury car brand appeared in the film as the official vehicle of the theme park and benefited from the resulting advertising.

  • Apple in the movie "La La Land": The technology brand appeared in the film as a key element in the narrative and characterization of the main character, played by Ryan Gosling.

  • Hershey's in the movie "E.T.": The candy brand benefited greatly from its appearance in the film, especially in the iconic scene where the main character shares a pack of M&M's with the extraterrestrial.

  • BMW in the movie "Mission: Impossible - Ghost Protocol": The car brand appeared in the film as the official vehicle of the main character, played by Tom Cruise, and benefited from the resulting brand exposure.

In addition to these examples for large brands, there are numerous successful product placement cases for smaller brands and ventures. Here are some examples:

  • The Shelter Pet Project in the movie "Keanu": The pet adoption campaign benefited from its appearance in the film, which focused on a cat named Keanu.

  • Einstök beer brand in the TV series "Game of Thrones": The Icelandic craft beer brand gained significant brand exposure by appearing in various episodes of the series.

  • Shake Shack restaurant in the TV series "Billions": The burger restaurant chain appeared in the series as one of the main character's favorite places and benefited from the resulting brand publicity.

  • Skagen watch brand in the TV series "House of Cards": The Danish watch brand appeared in the series as the official watch of the main character, played by Kevin Spacey.

  • Tito's vodka brand in the movie "Kingsman: The Golden Circle": The craft vodka brand appeared in the film as the preferred vodka of the main character, played by Taron Egerton.

  • Nudie Jeans brand in the TV series "Californication": The Swedish clothing brand appeared in the series as the favorite brand of the main character, played by David Duchovny.

  • Tesla car brand in the TV series "The Big Bang Theory": The electric car brand appeared in the series as the main character's car, played by Jim Parsons.

  • Method cleaning products brand in the movie "The Internship": The eco-friendly cleaning products brand appeared in the film as the main character's favorite brand, played by Vince Vaughn.

One of the reasons many companies and public figures are unaware of the secrets and benefits of product placement is because it is not often taught in faculties and business schools. Most academic programs focus on traditional advertising and sales promotion, and product placement is not included as a valid marketing tool.

Furthermore, the advertising industry, in general, has tended to focus on selling volume and repetition, making product placement a challenging task for media agencies. Unlike traditional advertising, where ads are placed in a variety of media and widely disseminated, product placement requires a more specific and personalized approach. This means media agencies have to work with content producers and creators to find the best way to integrate products into the storyline in a natural and effective manner.

Another reason why product placement is not widely taught is that it requires a deep understanding of human behavior and neuromarketing. The success of product placement depends on how products are integrated into the story and how they emotionally connect with viewers. This involves a detailed understanding of how cognitive processes work in the human brain and how they can be leveraged to influence purchasing decisions.

Additionally, product placement poses a higher risk for brands. Unlike traditional ads, where brands have more control over content and ad placement, product placement involves relinquishing some control to the content producer or creator. This means brands run the risk of being misrepresented or even facing negative criticism in the content they integrate into.

An exciting topic—tomorrow, we'll tell you why product placement is often not reported in media audits.

Las claves concretas y coherentes para que los migrantes puedan triunfar con un negocio en Miami

(Por InfoNegocios Miami) La escena gastronómica de Miami y el sur de Florida brilla con un resplandor propio. Con su diversidad cultural, clima tropical y una economía en constante crecimiento, esta región se ha convertido en un imán para los inversionistas gastronómicos de todo el mundo. Sin embargo, aunque emocionante, la aventura de invertir en gastronomía en Miami también está llena de desafíos. 

Miami supera a Dubai en innovación policial (con el estreno del primer patrullero Rolls-Royce del mundo)

(Por Maqueda) En un sorprendente giro de los acontecimientos, la Policía de Miami Beach ha dado un paso audaz en su estrategia de reclutamiento al añadir a su flota un automóvil de lujo sin precedentes en el ámbito policial: un Rolls-Royce. Este movimiento ha generado un intenso debate entre los habitantes de la ciudad, evidenciando la creatividad del departamento en sus esfuerzos por atraer nuevos talentos a sus filas.

Miami, la tierra donde más practican (Disney y las marcas) el Aircraft Wrapping: la mega tendencia de ploteo completo en aviones de aerolíneas

(Por Maqueda y Taylor) En un mundo cada vez más visual y competitivo, las aerolíneas han encontrado en el Aircraft wrapping (envoltura de aeronaves) una forma innovadora de destacar y diferenciarse en el mercado aéreo. Esta práctica consiste en aplicar una capa adhesiva de vinilo sobre la superficie externa de una aeronave, transformando su apariencia y creando impactantes diseños que van desde publicidad hasta temáticas culturales y de entretenimiento.

Los latinos en EEUU: impulsores fundamentales de la economía en 2024, a pesar de los desafíos laborales (¿por qué prefieren la Florida?)

(Por Ortega) En un escenario donde la participación de la fuerza laboral latina en EEUU continúa en aumento, su influencia económica se consolida, a pesar de enfrentar desafíos significativos en el mercado laboral. A pesar de aportar significativamente al Producto Interno Bruto (PIB) de los Estados Unidos, los latinos se ven afectados por disparidades salariales y condiciones laborales desfavorables en comparación con otros grupos étnicos.

Rusia encuentra la mayor reserva de petróleo en la Antártida Argentina: ¿Un desafío para la preservación ambiental? ¿Una jugada geopolítica de Putín? ¿O un cambio drástico de la economía mundial?

(Por Taylor, Maqueda y la colaboración de Maurizio) ¿Por qué Rusia está allí, por qué no se calló? En un reciente descubrimiento que ha generado controversia a nivel mundial, un buque de investigación ruso ha informado sobre la localización de una reserva de petróleo en aguas británicas de la Antártida, pero que corresponde a la Antártida Argentina. Este hallazgo, que supuestamente podría producir hasta 511.000 millones de barriles de petróleo, plantea importantes interrogantes sobre la preservación ambiental y los compromisos internacionales relacionados con la región.

El nuevo spot de Hard Rock (protagonizado por John Legend, Shakira, Lionel Messi y Noah Kahan) ha logrado una colaboración única (la era del crossing)

(Por Maqueda) Estas celebridades de renombre mundial se unieron para reinterpretar el clásico de 1969 de The Beatles "Come Together" como parte del lanzamiento del nuevo programa de recompensas Unity by Hard Rock de Hard Rock International. La canción, que fue regrabada por Kahan exclusivamente para el lanzamiento, se escucha de fondo mientras las cuatro superestrellas internacionales recorren los terrenos de los Hoteles Hard Rock en todo el mundo, desde el Golfo de México hasta la ciudad de Nueva York. Keith Sheldon, quien se desempeña como Presidente de Entretenimiento y Gestión de Marca para Seminole Gaming y Hard Rock International, explica cómo se gestó la colaboración.

Las inversiones argentinas en Miami y Florida son furor: por qué los argentinos están invirtiendo casi US$ 1.000 millones en propiedades

(Por Taylor y Maqueda) Con un enfoque en la diversificación y el crecimiento patrimonial, los argentinos están siendo protagonistas del crecimiento de Miami y de Florida, según datos de la Asociación Nacional de Agentes Inmobiliarios. En esta nota exploraremos las razones detrás de esta tendencia, las ventajas que ofrece el mercado inmobiliario de Florida y las oportunidades de inversión que atraen a los argentinos año tras año.

Breaking News: Russia Discovers Largest Oil Reserve in Argentine Antarctica: A Challenge for Environmental Preservation, a Geopolitical Move by Putin, or a Drastic Shift in the Global Economy?

(By Taylor, Maqueda, and with the collaboration of Maurizio) Why is Russia there, why did they not remain silent? In a recent discovery that has sparked controversy worldwide, a Russian research vessel has reported the location of an oil reserve in British waters of Antarctica, which actually belongs to Argentine Antarctica. This finding, which could potentially yield up to 511,000 million barrels of oil, raises significant questions about environmental preservation and international commitments related to the region.

¿Por qué es tan importante el nuevo comercial de Messi y Shakira + Hard Rock para Miami?

(Por Maqueda y Taylor) En un encuentro único entre la música y el fútbol, Messi y Shakira han unido fuerzas para protagonizar la campaña 'Unity By Hard Rock' de Hard Rock International. Desde Miami hasta Latinoamérica, esta colaboración ha resonado en el corazón de los fans y ha consolidado a Hard Rock como un referente en entretenimiento de clase mundial. Este comercial tiene un impacto especial porque ambas figuras son sinónimo de Miami hoy y la marca Hard Rock tiene un sello especial de Miami.