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10 Best Entrepreneurial Events To Attend Before 2023 Is Over on July 28, 2023 at 6:00 pm Entrepreneur: Latest Articles

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As we head into the latter half of 2023, there’s still a great chance for you to get involved in some exciting startup events.

​Networking As we head into the latter half of 2023, there’s still a great chance for you to get involved in some exciting startup events.  

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84% of Consumers Expect Brands to Create Content

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84% of consumers expect brands to create content, highlighting the critical importance of content marketing in today’s business landscape. This statistic underscores a significant shift in consumer behavior and expectations, making it essential for businesses to prioritize content creation as part of their advertising and marketing strategies.

Content marketing has become a powerful tool for businesses to engage with their audience, build brand awareness, and establish trust. By creating valuable, relevant, and consistent content, companies can attract and retain customers, ultimately driving profitable customer action.

Here’s why businesses should take this consumer expectation seriously:

1. Brand Visibility: Creating content helps businesses stay visible in a crowded digital marketplace. Regular content production keeps your brand top-of-mind for consumers and improves your search engine rankings.

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2. Customer Engagement: Content provides opportunities for meaningful interactions with your audience. It allows you to address customer pain points, answer questions, and showcase your expertise.

3. Trust and Credibility: By consistently delivering valuable content, businesses can position themselves as industry leaders and trusted sources of information. This builds credibility and fosters customer loyalty.

4. Customer Journey Support: Content plays a crucial role at every stage of the customer journey, from awareness to consideration and decision-making. It helps guide potential customers towards making a purchase.

5. Personalization: Content creation allows for personalized messaging, which is increasingly important to consumers. 91% of consumers are more likely to shop with brands that provide relevant offers and recommendations.

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6. Two-Way Communication: Content opens up channels for dialogue between brands and consumers. This two-way communication is vital for building relationships and gathering valuable customer insights.

 

 

To maximize reach and effectively integrate content into their advertising strategies, businesses should consider partnering with experienced advertising agencies like Bolanle Media. Such partnerships can provide several advantages:

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1. Expertise: Advertising agencies bring specialized knowledge and skills in content creation, distribution, and optimization.

2. Resource Efficiency: Outsourcing content creation can be more cost-effective than maintaining an in-house team, especially for small to medium-sized businesses.

3. Consistent Quality: Professional agencies can ensure a steady stream of high-quality content that aligns with your brand voice and marketing objectives.

4. Multi-Channel Approach: Agencies can help businesses create and distribute content across various platforms, ensuring a cohesive brand message across all touchpoints.

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5. Data-Driven Strategies: Advertising partners can provide valuable insights and analytics to refine content strategies and improve ROI.

6. Innovative Techniques: Agencies stay up-to-date with the latest trends and technologies in content marketing, helping businesses stay ahead of the curve.

By partnering with Bolanle Media, businesses can leverage professional expertise to create compelling content that meets consumer expectations. This strategic approach to content marketing can significantly enhance a company’s advertising efforts, leading to increased brand awareness, customer engagement, and ultimately, business growth.

In conclusion, the expectation for brands to create content presents both a challenge and an opportunity for businesses. By embracing content marketing and partnering with experienced agencies like Bolanle Media, companies can meet this consumer demand while maximizing their reach and effectiveness in the digital marketplace.

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Focus on Filmmaking, Leave Marketing to the Experts

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As an independent filmmaker, your primary goal is to create compelling stories that captivate audiences. However, even the most brilliant films can go unnoticed without effective marketing. Let’s dive into why it’s crucial to focus on your craft and leave the marketing to the professionals, backed by some compelling data and statistics.

The Power of Professional PR

According to the Independent Film & Television Alliance (IFTA), films with professional PR support are 40% more likely to be selected for major film festivals. This statistic alone highlights the significant impact that expert publicity can have on your film’s success. Festival programmers receive thousands of submissions, and having a trusted publicist vouch for your film can make all the difference.

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Moreover, IFTA reports that films with professional PR receive 50% more media coverage than those without. This increased visibility can lead to greater audience interest and higher ticket sales at festivals. Media coverage not only boosts your film’s profile but also enhances its credibility and appeal.

 

 

The Importance of Industry Connections

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A study by the Film Festival Alliance found that 60% of festival programmers are more likely to consider a film if it comes recommended by a trusted publicist. Publicists have established relationships with key players in the industry, including festival programmers, critics, and journalists. These connections can open doors that would otherwise remain closed to independent filmmakers.

Strategic Media Outreach

Effective media outreach is a cornerstone of successful PR campaigns. Professional publicists know how to target the right media outlets and tailor their pitches to each one. According to the IFTA, films with professional PR support receive 50% more media coverage than those without. This increased visibility can lead to greater audience interest and higher ticket sales at festivals.

 

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Navigating the Festival Circuit

Navigating the festival circuit can be daunting for independent filmmakers. Professional publicists have the experience and knowledge to guide filmmakers through the process, from submission to screening. They can advise on the best festivals to target and help manage the logistics of attending and promoting the film at these events.

Amplifying Social Media Presence

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In today’s digital age, a strong social media presence is crucial for any film’s success. According to Hootsuite, 73% of marketers believe social media marketing has been “somewhat effective” or “very effective” for their business. For independent films, a well-executed social media strategy can translate into increased festival interest and audience turnout.

Leveraging Data Science for Viewer Insights

In the competitive world of filmmaking, understanding your audience is key. Companies that employ data scientists to analyze viewer behavior can provide filmmakers with a substantial advantage. These experts can uncover valuable insights about audience preferences, optimal release timing, and the most effective marketing channels for specific genres or demographics.

For example, Bolanle Media has a dedicated team of data scientists who specialize in decoding viewer behavior and trends. By leveraging advanced analytics and machine learning algorithms, they can help predict audience reception, optimize trailer release schedules, and identify the most impactful social media strategies for your specific film.

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The Bottom Line

As a filmmaker, your primary focus should be on creating exceptional content. The quality of your movie is the foundation upon which all marketing efforts are built. By entrusting the marketing aspects to seasoned professionals, you free yourself to concentrate on your craft. This division of labor not only allows you to create the best possible film but also ensures that your work is promoted with the same level of expertise and dedication that you’ve poured into its creation.

In conclusion, while the data clearly shows the importance of professional marketing support, it’s equally crucial that filmmakers remain focused on their primary task: making exceptional movies. By combining your artistic brilliance with the strategic expertise of marketing professionals and data scientists, you create a powerful synergy that can propel your film to new heights of success in the competitive world of independent cinema.

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Why Your Friends Deserve to Get Paid for Your Film’s Success

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In the world of independent filmmaking, where budgets are tight and dreams are big, it’s tempting to rely on friends and local contacts to help bring your vision to life. However, it’s crucial to remember that your friends and local professionals have bills to pay too. Here’s why you should compensate them fairly and how it can actually benefit your film’s success.

1. Friends Aren’t Free Labor

Your friends might be willing to help, but their time and skills are valuable. According to a survey by the Bureau of Labor Statistics, the median hourly wage for arts, design, entertainment, sports, and media occupations was $25.96 in 2020. Expecting friends to work for free not only undervalues their expertise but can also strain personal relationships.

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2. Local Businesses Aren’t Charities

That cool café you want to use as a filming location? They need paying customers, not indie film crews taking up space. Offering fair compensation shows respect and ensures you build positive relationships within your community. According to the American Independent Business Alliance, for every $100 spent at a local business, $68 stays within the local economy, compared to $43 when spent at a national chain.

3. Social Media Isn’t Magic

Effective social media marketing requires skill and strategy. A 2021 report by Hootsuite found that 73% of marketers believe their efforts through social media marketing have been “somewhat effective” or “very effective” for their business. Paying a professional to manage your social media can lead to better engagement and a more successful campaign.

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4. Festivals and Press Aren’t Free

Film festivals and press coverage are essential for indie films, but they come with costs. Submission fees for festivals can range from $20 to $100 or more. Additionally, hiring a publicist to craft compelling press releases and manage media relations can make a significant difference. According to the Independent Film & Television Alliance, films with professional PR support are more likely to secure festival slots and media coverage.

 

5. Crowdfunding Isn’t a Cakewalk

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Running a successful crowdfunding campaign requires more than just posting your project online. It involves strategic planning, marketing, and often paid promotion. Kickstarter reports that projects with a video succeed at a rate of 50%, compared to 30% for those without. Investing in a high-quality campaign video and marketing strategy can dramatically increase your chances of success.

 

Why You Should Pay Your Friends and Local Contacts

1. Paying friends and local contacts can often lead to more affordable rates than hiring unknown professionals, but it still respects their need to make a living.

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2. Collaborating with people you know creates a greater investment in mutual success, leading to more creative and passionate efforts.

3. Engaging with local businesses and professionals fosters a network of support that can amplify your film’s reach within the community.

4. Those who understand your vision may be more willing to customize their services to fit your specific needs.

5. These collaborations can lead to ongoing partnerships for future projects, creating a sustainable network within the industry.

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Strategic Approach to Paying Fairly

1. Look for local contacts that align with your film’s theme or target audience. For example, if your film is music-centric, partnering with local music stores or studios could be beneficial.

2.  Instead of asking for discounts, propose ways to cross-promote. This could include featuring their business in your film credits or social media campaigns.

3. Local professionals in marketing or PR fields can offer valuable insights even if you’re not directly hiring their services.

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4. Combine paid services with in-kind contributions. For instance, a local graphic design business might create your poster, while you invest in targeted social media advertising.

5. Share behind-the-scenes content featuring your collaborations. This not only promotes your film but also showcases the businesses involved.

The Value of Expertise

Paying your friends and local contacts fairly isn’t just about ethics—it’s about recognizing the value they bring to your project. You asked them for help because they are skilled at what they do. They’ve invested time, money, and energy into honing their craft, and they deserve to be compensated for it. By respecting their expertise, you ensure that your film benefits from high-quality work, which can significantly enhance its success.

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Building a Sustainable Network

In the end, investing in your friends and local contacts is about building a sustainable filmmaking ecosystem. When you compensate people properly, you’re investing in your film’s quality, your professional relationships, and the local creative community. Your $30,000 budget film can still make waves, but not on the backs of unpaid labor. By respecting the time, skills, and efforts of those around you, you’re more likely to create a positive buzz, foster goodwill, and potentially set the stage for future collaborations.

The path to success in the film industry is rarely a solo journey. It’s paved with collaborations, partnerships, and mutual respect. By fairly compensating your friends and local contacts, you’re not just making a film—you’re nurturing a community that can support and elevate your future projects.

So, before you ask for that “quick favor” or offer “exposure” as payment, pause and consider the real value of the work you’re requesting. Your dream project deserves professional input, and your friends deserve fair compensation. It’s not just about making a movie—it’s about making it the right way.

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Unlock impactful advertising opportunities with Bolanle Media. Our expert team crafts immersive experiences that captivate audiences, driving brand engagement and memorability. Let’s elevate your brand’s marketing strategy together.

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