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This placement of branded goods or services is often found in entertainment, namely in movies or TV. For examples in the media, think of movies you've seen. If the lead actor is drinking a clearly labeled Coca-Cola beverage or using a clearly labeled Samsung cell phone, then this is product placement.
Fees ranged from $10-50K for a placement per film. Where studios once looked to save money with product placement, they now looked to make money. There are many pros & cons to product placement. On the positive side, product placement in movies usually offers brand exclusivity.
Do Your Own PR. Use your social media channels to reach out to industry influencers. Create awareness and interest for your products by sharing with those who may be able to do some product placement on their own channels. Prepare Press Kits.
Pricing of course depends on the agency, but most established reputable agencies are going to quote between $60k to $250k+ for a brand, and more for a brand with multiple product categories.
Types of product placementMedia. Films and television shows are one of the most popular ways to use product placement.Social media. Social media has become a popular platform for product placement.Retail.Research your audience.Determine your budget.Cold call.Use social media.