Last night it was the night of the Oscars. An article in the FT today, makes people wonder about this mllion dollar little statue and its realationship with the advertisers.
Oscars has evolved from a single day television event for the traditional family into a week long saga that advertisers look forward to. Be it the advertising or the duration of the show all has but changed.
It has become imperative for certain brands to make their presence felt at the Oscars. Also the one evening telecast has now been replaced with a pre-week Oscar frenzy.
Super Bowl, the mainstay of the American advertiser is far more expensive than the Oscars.
But some advertisers see Oscar as a more specific targeting opportunity. The Oscars present an opportunity to introduce the celebrities to their niche product offerings.
Many advertisers are busy showcasing their latest products in lounges specially setup to provide a fitting environment to all Oscar guests.
Brands cutting across product categories from cars to diet supplements are relishing the Oscar fever.
The one evening event is now covered by the media for more than a week prior to the actual Oscar show. Private parties and celebrity endorsed events are on the rise. These events gather less number of eye balls but ensure coverage to the right target audience spanning across the globe.
The advertisers gain by showcasing their brands to their target audience and seeking the help of celebrities to endorse their brands.
The Oscars have indeed been re-branded by the advertisers and the celebrities alike.
Oscars has evolved from a single day television event for the traditional family into a week long saga that advertisers look forward to. Be it the advertising or the duration of the show all has but changed.
It has become imperative for certain brands to make their presence felt at the Oscars. Also the one evening telecast has now been replaced with a pre-week Oscar frenzy.
Super Bowl, the mainstay of the American advertiser is far more expensive than the Oscars.
But some advertisers see Oscar as a more specific targeting opportunity. The Oscars present an opportunity to introduce the celebrities to their niche product offerings.
Many advertisers are busy showcasing their latest products in lounges specially setup to provide a fitting environment to all Oscar guests.
Brands cutting across product categories from cars to diet supplements are relishing the Oscar fever.
The one evening event is now covered by the media for more than a week prior to the actual Oscar show. Private parties and celebrity endorsed events are on the rise. These events gather less number of eye balls but ensure coverage to the right target audience spanning across the globe.
The advertisers gain by showcasing their brands to their target audience and seeking the help of celebrities to endorse their brands.
The Oscars have indeed been re-branded by the advertisers and the celebrities alike.