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| Costing in Casting |
| Tuesday, 02 August 2011 00:56 |
|
It also depends on what page and what day you want to break. Monday, Tuesday, Wednesday or Sunday? A weekday full-page, full-color ad in the Philippine Daily Inquirer, the country’s largest circulating broadsheet, for example, costs roughly three hundred thousand pesos. You’ll shell out roughly 45 thousand more if you want to book a Sunday placement. Why more expensive on Sundays? Sunday readership is higher than those on weekdays because, obviously, people are at home, white and blue-collar workers are resting, students don’t have classes and you and the rest of the world are either lounging around in a resort or simply just enjoying the morning breeze by the house garden and reading, what else, newspapers. Now, that’s the cost of only putting a single ad (insertion, in media parlance). What if you want to make the same ad come out 20 times over a period of one year? Go figure. What about the cost of making the ad? Seasoned marketers know that when ad agencies go back to them with production CEs (cost estimates) they know that standard concept and design fees are SOPs for an intellectual property. They also know that computer, studio time and manhours have to be justifiably factored in and not haggled at exploitative rates. Photography, and yes, FA (final art, the digital process of making all elements in the ad rendered in high-resolution stage) charges are exclusive of above-mentioned fees, thus would be added to the cost.
Next, you are asked to use a talent, not just a talent to endorse your product, but a celebrity who could pack consumers in – to your neighborhood grocery or super-duper-hypermarket. Your client wants Manny Pacquiao or Robin Padila. Another brand wants Angel Locsin or KC Concepcion. The other wants Kris Aquino, Vic Sotto, Anne Curtis, Kim Chiu and Gerald Anderson. Yet another wants a star-studded campaign with a smorgasbord of movie stars – Piolo Pascual, John Lloyd Cruz, Richard Gutierrez, Sam Milby, Jerico Rosales, Sarah Geronimo, etc. Fine, just cough up 3 to 50 million more. Depending on who among these stars are up your brand’s alley, they are your best weapon and ally to rake in more money. Why are celebrities so expensive? Roly Halagao, one of Philippine advertising’s most reliable casting directors says: “It’s plain and simple: Celebrities sell no matter what other people say they don’t. It really depends on the celebrity you use. It should be someone who has unblemished integrity, credibility and pulling power.” Halagao, a faculty member of Masters School For Models put up by Supermodel-maker Joey Espino along ritzy Ayala Avenue certainly knows what he is talking about. For security and other ethical reasons, Halagao doesn’t want to reveal talent fees of celebrities he has really closely worked with. The highest paid celebrity, he says, gets 40 to 50 million in that range. You must have an eye for beauty, even if it’s hidden somewhere, “at marunong ka dapat maghanap ng hindi available” (you should know how to find talents even if they are not available). But are huge celebrity talent fees worth it? Not everything is a rosy picture for using celebrities. We all know what happened to Tiger Woods’ brand endorsements when his marital scandal exploded in media. The superstar celebrity endorser that he was, Tiger Woods signed a 10-year contract with a well-known American brand, which gave him, until the last five years, $40 million. Ad bible Ad Age tells us that, “putting celebrities in commercials seriously lowers their effectiveness based on an Ace Score research results. In that survey, “non-celebrity commercials, as a group, averaged 8% above the Ace Score norms for attention, persuasiveness, comprehension, likeability and other characteristics while celebrity commercials, as a group, averaged 1.4% below.” The magazine, however, was quick to say, too, that recent studies of hundreds of celebrity endorsements revealed that sales for some brands increased up to 20% right after every celebrity endorsement deal. |
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