Monthly Archives: January 2025

“Wicked” Goes Big on Collaborations

Have you seen the movie “Wicked” yet? Not the Tony award-winning Broadway musical which has been on the stage since 2003. But the film adaptation of the play that was just released in November 2024.

If you have seen it, you are in good company as the film has already grossed more than $500 million in ticket sales, and became a social event in the process. And this is only to see “Wicked Part 1.” [The second part of the movie is due to be released in November, 2025.]

The launch and promotion of Wicked looks a lot like that of the Barbie movie last year. Barbie and pink were everywhere in 2023 (and earned $1.4 billion). This year, it’s the pink and green of Glinda and Elphaba we will be seeing everywhere.

As we know, it’s not just the movie itself that generates revenue; it’s also the collaborations between the movie and other brands. In the case of Wicked, there are Wicked-themed products and collections from more than 70+ brand partnerships ranging from Lexus to Conair to Gap.

Here is a sample of the collaborations:

  • Clothing from a variety of vendors.
  • Wicked Starbucks drinks.
  • Wicked beauty travel case ($128).
  • Wicked mystery color mac and cheese cup ($1-$12).
  • Crocs Wicked clog ($70)
  • Zac Posen pleated tulle dress ($595)
  • Faux leather jacket ($70)
  • Plus toys, makeup, jewelry, food, and more.

Unfortunately for one partner, Mattel, there was a packaging setback. The toy company had to pull its line of character Wicked-branded dolls after a misprint on the doll’s packaging inadvertently featured a link to a pornographic website named Wicked Pictures. [Theses dolls are now listed on eBay for far more than were paid at the store!]

Go ahead and sing along!

 Group Activities and Discussion Questions:

  1. Poll students: Who has seen the movie? The play? Did they purchase any merchandise with the Wicked theme?
  2. Show the movie clip for Wicked: https://youtu.be/6COmYeLsz4c?si=xwpgmnYY0YGL4u5g
  3. Show Wicked’s merchandise webstore (includes the play): https://wickedthemusicalstore.com/
  4. Have students search for Wicked-branded merchandise and collaborators.
  5. Divide students into teams. Have each team select a movie that could be licensed to collaborators.
  6. Develop a marketing campaign for the licensing opportunity.

Source: Lassner, E. (3 December 2024). ‘Wicked brand collabs continue flying off the shelves after movie’s record-breaking release. The Hollywood Reporter; Schwartzel, E. (15 November 2024). Inside Hollywood’s big ‘Wicked’ gamble. Wall Street Journal; Whitten, S. (11 November 2024). Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging. CNBC.

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YouTube TV Raises Prices

Are you ready for another price increase for your entertainment? This time it’s YouTube TV that is raising its monthly price to $82.99 per month, a 14% increase in price. (That’s nearly $1,000 for a year!)

In case you aren’t familiar with YouTube TV, it is a subsidiary of Google that provides both live channel feeds and on-demand content from 100+ TV networks and a cloud-based DVR service.  As of February 2024, it has more than 8 million subscribers.

YouTube TV is only available in the U.S., unlike competitors such as Amazon and Netflix that stream programming in various countries. However, YouTube TV provides live TV, live sports, unlimited DVR space, and up to six accounts on a single subscription. It can be watched on multiple devices such as phone, table, computer, and TV.

When it launched in 2017, the price was $35/month. In 2019, the price rose to $50/month; and in March 2023, it raised its price again to $73/month. Why the current price increase? The company stated “rising content costs” as the rationale.

What do you watch?

Group Activities and Discussion Questions:

  1. Poll students about their streaming subscriptions. What do they view? How much do they spend?
  2. Show YouTube TV: https://tv.youtube.com/?sjid=15725763977763324957-NC
  3. Pricing is a complex topic. Discuss the six steps for pricing (determining objectives, estimating demand, determining cost/profit relationships, select price level, set list price, and make adjustments).
  4. Discuss the various pricing models in class: demand-oriented, cost-oriented, profit-oriented, and competition-oriented.
  5. For YouTube TV, divide students into groups and have each group work on any/all of the six steps.
  6. When setting the price level, assign each team a different model to use (demand-oriented, cost- oriented, etc.).
  7. Divide students into teams. Have each team select a different streaming service to examine: Hulu, Netflix, Amazon, Apple TV, Fubo, Sling, etc.
  8. What do each of the platforms offer? What is the price?

Source: Davis, W. (14December 2024). YouTube TV is letting some subscribers hold off that price hike. The Verge; Tan, E. (12 December 2024). YouTube TV Raises Monthly Charge 14 percent, to $82.99. New York Times; other news sources.

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Amtrak Tries a New Strategy: Hotel on Wheels

Do you travel by train in the United States?  And did you know that the U.S. has the largest rail transport network in the world at about 160,000 miles? Yet, the odds are that most of consumers not have gone on a vacation riding the train.

Last year, Amtrak carried 28 million passengers, up from 22 million in 2022. And, while there are other train services in the U.S. (particularly commuter trains), Amtrak is the only operator of regularly scheduled long-distance trains in America. It operates more than 300 trains each day to more than 500 destinations.

So, why don’t we travel on vacation by train more? Many reasons, including limited service to destinations by train, and many of the trains and stations are run-down or outdated. We have also become accustomed to air travel, which carries more passengers than do trains.

Environmentally, Amtrak uses 27% less full per passenger mile. Economically, train travel can be much cheaper. So, what is the answer for Amtrak? It will run a multiyear advertising campaign with the tagline “Retrain Travel.”  The ads will also compare rail travel to driving and air travel.

Ready to roll?

Group Activities and Discussion Questions:

  1. Poll students: Have they traveled by train? Why, or why not?
  2. List barriers to travel by train.
  3. Show Amtrak’s website: https://www.amtrak.com/home.html
  4. Also show Amtrak Vacations site: https://www.amtrakvacations.com/
  5. Show the new commercial – “Retrain Travel”: https://media.amtrak.com/2024/10/retrain-travel-30-second-commercial/
  6. Poll students about their opinions of the ad.
  7. Divide students into teams.
  8. For Amtrak, have each team select three different tactics. For each tactic, explain why it was selected and how it will be used. One tactic must be video ads.
  9. Have each team develop a story board for the Amtrak ad.

Source: Deighton, K. (1 October 2024). Amtrak’s new marketing strategy: It’s not a train, it’s a hotel on wheels. Wall Street Journal.

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