Considering all of the criticism leveled at Hollywood for 'not getting digital distribution', there is one thing that they have gotten right these last 20 years -- globalization. Proof of this can be
seen at last month's Academy Awards, where three of four acting awards went to non-American actors. And in 2008, four out of four wins went to foreign actors.
Now I'm not trying to
criticize American acting. I think American performances are great and as good as they have ever been. The change has come from Hollywood's openness to consider actors from other countries.
Beyond
the Academy Awards, or maybe even the cause for the results in the Academy Awards, is the growth in importance of foreign box office receipts to Hollywood studios. Among the three Hollywood
blockbusters of the 1970s and '80s, "Jaws" (1975), "Star Wars" (1977), and "E.T." (1982), all generated between 55-57% of their box office sales in the US. Yet when we look at the top-10 grossing
films of all time, of which "Jurassic Park" (1993) is the oldest, only "The Dark Knight," the most recent Batman movie, grossed more than 50% of its box office receipts in the US, and 8 out of 10
movies grossed only 30 - 40% of sales in the US. Even the quintessentially New York movie "Sex and the City" generated a mere 36.8% of box office ticket sales in the US (source: IMDB.com).
So what
does all of the movie trivia have to do with online marketing? Like Hollywood, online marketing doesn't necessarily have the same boundaries as other ad vehicles like print, radio and TV. Even with
geo-targeting, your banner campaign and micro-site will be viewed by prospective clients around the world. Is your creative optimized to play internationally?
I'm not advocating running a campaign
that is dubbed into 27 languages. However, seeking big ideas that transcend America's borders is more important than ever. Here's why:
1. International advertising trend of seeking out the
one, big idea -- In the last decade, many small and mid-sized marketers consolidated their international creative at boutique agencies like Bartle Bogle Hegarty, StrawberryFrog, Wieden and
Kennedy. If in the 1980s and '90s, agencies expanded their networks to service accounts internationally, companies today select few international concepts which are then selected and customized on a
market-by-market basis. So a small creative boutique could find its 'big idea' creative running internationally.
2. Running creative in multiple markets makes a lot of economic sense
today -- Everyone is under pressure to cut costs in 2009. So why create digital campaigns that can transcend borders? Clients will be happy if they only have to tweak one set of creative for
multiple markets. And this could lead to more business for your agency.
3. Cultural icons cross borders -- Because of the size and influence of the American movie and music industries,
much of American culture is known and understood internationally. And today, it's easy to use social networks to test if your creative will be understood in other markets.
4. Foreign prospects
can create new international demand for your customers' products and services -- Some countries, because of the way their economies are structured, are feeling less fiscal pain than others.
Wouldn't your clients be happy to tap into a new market that will be more fiscally sound in 2009?
No one thinks twice about seeing foreign movies playing in the local Cineplex today, but I
distinctly remember when the Italian movie "Cinema Paradiso" (1988) broke the international barrier in my hometown of Poughkeepsie, New York.
The world has become a global village in these last
20 years. So with your next digital campaign, why not extend your reach out to your fellow global citizens? You and your client will probably be happy that you did.