Entertainment Content Has Long Been Considered A Major Sales Tool
Here's How The Toy Story Franchise Has Impacted Sales
Arguably, the Toy Story films have been a game changer for animated movies, triggering a chain of Disney Pixar animated feature films - and a chain of toy-turned-action-movie feature films backed by Mattel. With earnings upward of $1.06 billion, Toy Story 3 is currently the second highest grossing animated film of all time, (Disney’s Frozen is currently the highest grossing at $1.276 billion).
Sales of the Mr. Potato Head toy increased 800 percent after the original Toy Story movie release. Mr. Potato Head was created in 1953, and is licensed to Mattel. The original product was sold as a box of mixed body parts that children could use their imagination and ‘stick’ into their own root vegetable. In 1964, Mr. Potato head was manufactured with a plastic body. The original Toy Story added eyebrows to their character interpretation of Mr. Potato Head – the appeal of the film adaptation of Mr. Potato Head influenced the toy make to adopt Mr. Potato Head’s on screen look and from there forward Mr. Potato Head has now been manufactured with character eyebrows.
The Slinky Dog’s producer, James Industries of Philadelphia, had stopped manufacturing the toy at the time the first Toy Story was made. The manufacturer had been out of business for 10 years and the slinky dog toy off the shelves for four years prior to the movie’s release. However, following Toy Story’s success, James Industries was inundated with 20,000 new orders and put back into business.
Perhaps the most exemplary experience has been by Etch-A-Sketch, for which product placement increased sales by 4,000 percent. The toy was created in 1960 by the Ohio Art Company. The company reports that they have sold well over 100 million units. The toy was also seen in Elf - where the elves were seen building the units, and then Will Ferrell's character wrote a note in perfect cursive later in the film.
Here's What To Look Forward To
Scheduled for a June 2019 release, Toy Story 4 will likely be introducing even more new toys to the film, and creating major toy sales impact. The franchise has realized the power it has in the toy space, and now also features in the content Disney-owned and manufactured toys, having successfully created its own marketing machine.
Toy Story 4 is not the only sequel Pixar is working on. Hot on the heels are Finding Dory, Cars 3, and the sequel for The Incredibles, all currently in production. The next Disney/Pixar studio film following the now-in-theaters box office hit Big Hero 6 (sure to be developed into a sequel too) will be an original project named Inside Out, coming to theaters in June 2015. All of these films result in licensed toy deals, furthering the impact of movies on the toy industry.
Learn More About The Benefits Of Product Placement
Check out our blog post and infographic 4 Brands Product Placement Sales Success for more examples of how product placement increased sales for various brands!
Check out our blogs below to learn more:
- How Your Product Placement Program Works With Hollywood Branded
- Creating An Integrated Media And Entertainment Marketing Plan
- 4 Common Myths About Product Placement Debunked
- 5 Ways Brand Marketers Secure Product Placement To Increase Sales
- A Mad Men Case Study On Liquor Product Placement
Are you interested in learning more about how product placement can benefit your brand? There are so many product placement options for brands seeking a brand integration in films - to learn more, download our Product Placement 101 infographic.