So, what are the benefits of branded entertainment? Well, numbers talk and here is what they say:
According to a study done by Forbes and Syracuse University,
- brand recall for branded content is 59% higher than display ads,
- brand favorability for branded content is 7% higher than display ads,
- and purchase consideration for branded content is 9% higher than display ads.
Consumers relate to products that create a human image. Any company can use this tactic to reach out to their audience. The goal for this version advertising is not sales but rather brand connection. The videos don’t always go viral, but they are impactful. Branded entertainment helps companies become household names in today’s day and age.
To begin a branded entertainment strategy, the first few steps are familiar: what is your purpose? Who is your target audience? What voice will they listen to? From there, things change. Instead of using keywords that will resonate in their wallet, create a narrative that will pull at their heartstrings. The standard high school English class lesson on ethos, pathos and logos is crucial here. How do you credibly and practically evoke emotions in the hearts and minds of your consumer?