Sell Your Movie For Maximum Profit

If you’re already a seasoned feature filmmaker, take a moment and think back: Do you remember when the idea of making movies seemed like a far away dream?

Do you remember when you first got the idea for your movie? Do you remember Your first day of production? Do you remember your first screening and how well everyone loved your work?

That happened to me with my first feature. Like you, I thought our movie would get into Sundance, play well, build buzz and if we were really lucky, we had hoped the movie would garner us a 3 picture deal. But that didn’t happen.

Sure, we got some offers, but they were not “deals.” (A deal actually pays money!)

So instead of exchanging our movie for an empty promise, we decided to try selling our movie on the internet. Little did I know, this one decision has changed the course of my movie making life. That was five years ago…

And since that time, the internet as evolved. If you’re a filmmaker with a movie, you need to get it selling in all the popular internet marketplaces, including Amazon and iTunes.

You don’t need a middle-man to make this profitable. I am going to show you my internet marketing secrets…

You can check out my “How To Sell Your Movie” system by visiting the website here.

Posted under DISTRIBUTION

How To Sell Your Movie On iTunes, Amazon and Netflix PT 7 of 7

Internal rate of return, two solutions, cashflow

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One of the most important filmmaking strategies you must adopt in this era of modern moviemaking is a long term perspective. In years past, filmmakers focused on making one movie, selling it and then moving on to the next movie.

While the idea of creating multiple titles over the course of your filmmaking career has not changed, it is now vitally important that you plan a series of movies from day one. The reason for this is simple. You are now solely responsible for the success of your movie business. And to stay in business, you will need to create a profitable library of titles that continually pay you.

To use a real estate business analogy, in years past you built a house and sold it for maximum profit. But these days, given the changes in the real estate market, it makes sense to hold onto the house, rent it out and collect rent checks every month. This is the difference between capital gains and cashflow. And as an independent filmmaker, the growing demise in DVD sales outlets means that filmmakers must now focus on creating multiple titles – and increasing cashflow, over time.

Step 7 – Leverage Your Following.

As I mentioned previously, creating a highly targeted mailing list is now essential for your success.

Thinking long term, the most important component of your movie making success is establishing a loyal following. From a business perspective, the size of your mailing list will provide a solid metric on which to base forward looking revenue projections. In other words, you can take look at your list and say “two percent of our followers bought this movie. I wonder how many fans will be interested in my next movie?” But instead of guess work, you can send your followers an email and ask them.

As you grow your community your fans will begin to know you, know your company and celebrate your work. And as long as you continue to provide good entertainment, you may eventually reach mass great enough to fund your future movie projects. Imagine how much prospective investors will appreciate your pitch when you already have one-hundred-thousand fans eager to buy your next movie?

In the end, the heart and soul of all forms of distribution is finding an audience willing to pay you for your work. Video on demand simply removes the middle-man from the process and allows you to connect directly with the people who matter the most – your audience.

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How To Sell Your Movie On iTunes, Amazon and Netflix PT 6 of 7

Life Stats for a zombie movie websiteAs a filmmakers, getting your movie seen and selling  has become incredibly challenging. If you’ve been following filmmaking stuff over the last year, you know that one of the major issues we are trying to solve is this question: In a world where DVD sales are non-existent (because there are no more DVD sales outlets), then how can filmmakers make enough VOD sales to justify a budget?

In an effort to solve this filmmaking problem, today we will cover step 6 of this 7 part series on how to sell your movie on iTunes, Amazon and Netflix for Maximum Profit.

Step 6 – Increase Targeted Web Traffic

To increase your website traffic, you might decide to work out Search Engine Optimization tactics with your web marketer, pay for online or off-line advertising, or incorporate a bit of everything. Unpaid traffic is called organic. Organic traffic is the best kind because whenever you pay for a customer, you diminish your profit margin from the outset. So obviously, the goal for all movie marketers is to acquire a customer for the very lowest price possible.

One secret I utilize is frequent press release submissions. Years ago, it was advised that you only wrote and submitted press releases when you had something newsworthy to say. But these days, in addition to targeting traditional news outlets, most press releases are included in search engine results. Without getting overly technical, this means for a very small amount of money, submitting one press release complete with links to your website can increase your web footprint.

Over time these releases are picked up by blogs and other websites hungry for related content. And the resulting benefit is more awareness of your movie, for a minimal cost.

If both your traffic and your budget are low, search out other filmmakers who have successfully sold their movies to a similar market and find out if they would be interested in promoting your movie to their mailing list. Assuming your movie is congruent with what their audience enjoys, these other filmmakers may gladly help you out for a cut of the profits. I have found that giving affiliates a good return for effective marketing creates long term win-win business relationships. These other filmmakers are able to create a stream of revenue between their movie projects. And you benefit by expanding your movie’s reach quickly.

This is also a good time to revisit those sites from your initial research. Compile a list of one-hundred target websites, then reach out to site owners and kindly ask if they would be interested in reviewing your movie. Regardless of whether or not these folks like your movie, what is secondarily valuable to you are links back to your website. Over time, these back-links, combined with your trailer and social networking profiles will serve to funnel more and more prospective viewers back to your website. And the cycle continues…

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How To Sell Your Movie On iTunes, Amazon and Netflix PT 5 of 7

YouTube

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Think back to a time in filmmaking history when your greatest challenge was actually making a movie. At least the idea seemed easier.

For those of you new to independent movie making, let’s review. In the past, many first time feature filmmakers were driven by something I call “The Sundance Model.” This is the idea where filmmakers went out, acquired or wrote a screenplay, got money, made the movie and then hoped like heck they would get into a major festival and garner a significant (and profitable deal.)

From a pure business perspective, this was a crazy way to make movies. I mean, can you name one other industry in the world that produces a product without having a solid distribution channel in place? Can you name another industry that, once the product is made, relies on other outside people for ALL of the marketing, sales and distribution of the product?

These days things are a bit different. These days DVD distribution is dying. And with this death, the days of relying on some outside distributor to validate your work and sell it are numbered. The upside to this modern moviemaking movement is, you can finally put all those years of creative accounting and bad deals behind you. The bad news is, as an independent filmmaker, you are going to have to add yet another hat to your overflowing rack. This time, the hat you wear will be sales and marketing.

[A side note: Before you leave a gazillion comments telling me that foreign DVD territory sales and (even) pre-sales are alive and well - I provide this disclaimer. Consider any deal that makes sense. But in the event the deal only pays you validation and a copy of your DVD, hopefully this series helps you create a more profitable plan. I also want to caution both new as well as veteran filmmakers of the following: The day is fast approaching when DVD retail will eventually join VHS, CDs, Cassette Tapes, 8-Tracks and the silly stores that used to sell them  in the great abyss of a bygone era. And rightfully so!]

So all of this said, if you’re just reading filmmaking stuff for the first time,welcome! In this community we don’t over complicate the filmmaking process. We make movies and we work to sell our movies without asking permission. And in this respect, you are reading article 5 of my 7 step process for selling your your movie on iTunes, Amazon and Netflix for Maximum profit.

So to recap, once you have sharpened your hook (pt. 1)targeted your target audience (pt. 2)set up shop (pt. 3) and created a movie sales funnel (pt. 4) you are ready to begin the process of driving traffic to your movie sales site.

Step 5. Refine Your Trailer (And Promote It)

Take a look at your trailer. Is your trailer congruent with your hook and the marketing elements we covered earlier? If not, I suggest you recut and refine your trailer to make sure your marketing message is consistent. In doing this you will have to find the balance between showing enough to sell your movie and giving away so much that you spoil the story. And since your movie trailer will be posted on various websites, you should also add a title card with a link to your movie website.

The internet is full of places where you can upload and post your trailer. But out of all of them, YouTube is top-notch. Aside from being the second largest search engine on earth, the service also incorporates a built-in social networking component that allows people to comment and discuss your movie and create community around your title. This is important because word-of-mouth indicates what people like and dislike about your movie. And as you will soon learn, more
discussion (good or bad) equals more sales.

Since YouTube records the number of views, this is also a great indication of how well your trailer is being received. If viewership is low, refine your title, tags and description to complement your niche subject matter. Martial Arts Movie? One tag might be “Karate” or “Kung Fu.” After tweaking and re-tweaking your description, if viewership is still stagnant, consider cutting, tweaking and testing multiple versions of your trailer.

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How To Sell Your Movie On iTunes, Amazon and Netflix PT 4 of 7

Layers of a typical sales funnel.

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Filmmaking is changing. Like it or not, if you want to make a living making movies, you need to learn about the business side of independent movie making. And if this is your first time on filmmaking stuff, you are reading step 4 of a 7 part series on How To Sell Your Movie On iTunes, Amazon and Netflix For Maximum Profit.

So picking up where we left off, once you have sharpened your hook and targeted your target audience, and set up shop in the popular VOD marketplaces, your next step is to create a movie sales funnel.

Step 4 of 7 – Create Your Movie Sales Funnel

To set up an internet movie sales funnel, you will have to modify your website to funnel all traffic towards a sale. This can be achieved easily by removing all the potentially distracting content from your site including production photos, press kits and actor bios. Once removed, further emphasis should be placed on your trailer, your about page, and most importantly, your “buy now” buttons.

Most of your visitors will exit your website and never return. So to increase your odds of converting these visitors into paying customers, you will want to create ways to capture visitor contact information. One easy way is by creating a Facebook page for your movie and then placing a Facebook link on your site. This way, once your visitor joins your movie’s Facebook community, the added social proof of like-minded fans touting the joys of your movie may increase your sales. This goes for Twitter and other social networking communities too.

But because many social networking sites run the risk of going out of vogue, you will want to migrate your fans off the social networks and get them into your own mailing list. For this, I recommend using a third-party email marketing service such as Aweber.  Aweber provides ease of service. As soon as you sign up for one of their inexpensive accounts, you can easily create a way for your fans to connect with you. For example, if you would like over $100 dollars in useful filmmaking tools, FREE simply enter your info into my Awber opt in box below.

If you just signed up, you probably noticed how you were redirected to a “Thank You Page.” And on that page you were able to download all sorts of premium filmmaking tools, for free.

While I am obviously utilizing list-building to create a more meaningful relationship with filmmakers (and YOU), this model can be (and should be) applied to your own movie business. But instead of giving away filmmaking books and audio courses, you might consider allowing your prospective movie audience to download a free movie soundtrack.

The reason why I stress Audience List Building so much in my Filmmaking model is because no matter what happens in distribution, the size of your targeted audience list  (a community of people who know you and your work) – this will determine your rate of success over your long-term career. Don’t let anyone tell you differently.

Three Tips for building your Audience List:

  1. From now on, as soon as you have a website, start buiding your list.
  2. Put your website on your business card.
  3. Collect names and email addresses at film festivals.

Companies like Aweber allow you to manage your email communication with thousands of fans. And since reputable email companies have good relationships with internet service providers, the odds of your movie newsletter ending up in spam folders is decreased.

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How To Sell Your Movie On iTunes, Amazon and Netflix PT 3 of 7

iPad con dock y teclado inalámbrico

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Given all the changes in distribution, as a filmmaker, getting your movie seen and selling is no longer solely the responsibly of a 3rd party distributor. Once you have sharpened your hook and targeted your target audience, your next step is to set up shop in some of the many popular internet based marketplaces.

Step 3 of 7 – Get Into The VOD Marketplace.

Your next step is to determine the appropriate video on demand marketplace for your movie. There are many options for this, including setting up your own internet storefront, joining other filmmakers in a shared storefront or setting up shop in popular Video On Demand marketplaces. Since most VOD outlets do not require an exclusive deal, I recommend getting your movie selling in multiple markets, including iTunes and Amazon.

To do this quickly, research a company called Distribber. I first found the service when I was looking for an easy way to get my movies seen and selling. I liked the service so much that we have worked out an affiliate deal (so do your own due diligence prior to purchasing any services.) The reason I like the service is, for a one-time upfront fee, Distribber offers filmmakers the ability to get their movies into iTunes, Amazon and quite a few other popular video on demand marketplaces. Then once your title goes live, you will be able to monitor your sales across all platforms in one place.

Aside from the initial fee, Distribber will not take any of your future earnings. And unlike the creative accounting found in traditional deals, you will be able view and withdraw your funds at any time. In the event your title is not selected for iTunes, Distribber will refund your investment, minus $39 dollars. Additionally Distribber stays current with emerging VOD marketplaces. For example, if some new iTunes competitor emerges, you can rest assured that the Distribber folks are already out there, working to make the pipeline available to filmmakers.

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How To Sell Your Movie On iTunes, Amazon and Netflix PT 2 of 7

An un-official 80cm FITA archery target

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If you’re just tuning into this filmmaking article, this is part 2 of my 7 part filmmaker series on how How To Sell Your Movie On iTunes, Amazon and Netflix For Maximum Profit.

Step 2. Target Your Target Audience.

Once you have refined your movie concept, you can use this as a springboard to further locate blogs, websites and publications already targeting your target audience. For example, when you Google “boxing” you will get over forty-nine million results. This is not surprising. Interests such as boxing, horror movies, martial arts and race car driving have prominence in our culture. But if your movie focuses on more obscure subjects, you will have to dig deeper.

Thankfully, even if your core audience is esoteric and comprised of a small population spread all over the globe, the internet provides a great tool for reaching them. Assuming you find websites and traditional publications targeting your audience, your next step is to reach out and request their demographic statistics. These stats will tell you how many people subscribe to the publication and will often provide details on age and gender.

Once you have a good understanding of your target audience, all future advertising, marketing language and your trailer should be created with your target audience in mind. Then later, when your movie enters the marketplace, this initial research will provide you a contact list full of organizations that may help you promote your movie.

Posted under 21 Part Filmmaking Mini-Course, DISTRIBUTION

How To Sell Your Movie On iTunes, Amazon and Netflix PT 1 of 7

Anatomy of a fishing hook

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Like many first time filmmakers, our first feature was met with empty distribution promises and crappy deals. So by necessity, we started selling our title on the internet as both a physical DVD and a video on demand download. At first, none of the producers liked that idea.

I mean, even if a traditional deal sucks, at least there is still validation in seeing your title on the shelves at the local video store. But then we made our first sale. We thought it was an anomaly. How could we possibly make money with our movie? We had no movie stars, our production value left a lot to be desired and most people on earth had never heard of our title (including you.) But then we made another sale… And the a third. And then a dozen…

That was 2006 and since that time, my enthusiasm for video on demand distribution has only increased. These days filmmakers have a gazillion options for reaching their audience, creating community and building buzz. As your own VOD distributor you can finally get your title seen and selling without waiting for some middle-man to give you permission. And assuming you have all the necessary legal documents, releases and (possibly) E&O insurance for your movie, the following seven secret steps will help you get started today!

Step 1 of 7 – Sharpen Your Hook

One of the first questions people ask is, what is your movie about? While this seems like a pretty easy question, if you find yourself rambling on about a complicated, character driven story, full of people reflecting on life’s moments of love and loss, STOP! A long description is confusing. And a confused mind doesn’t buy your movie. So in order to sell your title, you must communicate your movie in a distinct and memorable way.

To do this, ask some trusted friends to watch your movie and describe it to you in one concise log-line. For example, let’s say your movie is described as “A boxer fights for the title.” Obviously this is succinct, but lacking detail. So your next job is to incorporate some flavorful elements into your log-line. Here is the same example with added detail: “An impoverished boxer is given a once in a lifetime chance to fight for the world heavyweight title.” (Sound familiar?)

With this example you can see how the extra detail adds sizzle to the description. This will help you in two arenas. Firstly, with this description, your prospective audience will immediately understand how your movie differs from all the other boxer movies. And from a marketing perspective, the words “boxer,” “fights,” and “heavyweight title” will help you to target your core audience and later, these targeted keywords will help you jump-start your internet search engine optimization campaign.

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In my next article, I will show you how to target your target audience.

Posted under DISTRIBUTION

Financing Movies With VOD Sales Projections

How To Sell Your Movie On iTunes, Amazon and Other Marketplaces For Maximum Profit, Without The Middle-Man!As a filmmaker, once you have a great screenplay and an initial break down and budget, your next step is to take your proposed budget and put it into a business plan. The business plan will help you determine how the money will be spent and hopefully recouped.

Independent movie investors invest because (aside from having an appetite for risk) they want a return on their money. Creating a business plan provides your prospective investors with a road map on how the investment dollars will be spent and hopefully recouped.

In the past, trying to project returns was a pain in the butt, oftentimes based on speculative data. This is mainly because independent movie distribution was discriminatory. And as a result, after production, many independent feature filmmakers held their breath in hopes their movies would get into a film festivals, build buzz, and (hopefully) garner awesome distribution deals, complete with cash advances.

Unfortunately those old business plans, focused on what is commonly referred to as the “Sundance Dream,” were flawed – And thankfully, that dream (or nightmare) is over.

Given the birth of VOD distribution, filmmakers now have the ability to access and enter into a non-discriminatory marketplace as soon as your movie is ready. As a result, you can now create movie sales projections from day one.

To get started, answer these questions:

Modern MovieMaking Model

  1. Who Is Your Target Audience?
  2. How Large Is Your Target Audience?
  3. How Will You Reach Your Audience?
  4. What Is Your Marketing Strategy?
  5. How Many VOD Sales To Break Even?

While I won’t get into the actual mechanics of marketing and selling your movie here (My Action Guide How To Sell Your Movie provides you with an actual step-by-step plan for getting your movie seen and sold), I will simply note that a marketing plan must now be included with your business plan. And in that marketing plan, you’re going to add some marketing math.

Truth be told, math is a weak subject for me (and I dare say, most of the filmmakers I know) – but luckily there are many spreadsheet templates that allow you to project the marketing return on investment for your movie. One of the early formulas I use is related to pay per visit advertising.  With pay per visit advertising, you simply pay for targeted traffic to your movie website. This works well if you have a movie with a dose of controversy and a strong hook.

Let’s assume only 1% of the targeted folks who actually visit your website, buy. Then how many visits will you need to sell 100 units?

100 units = Our goal for this ad campaign.
$.05 = Amount you may pay advertiser per visit.
X = Number of Visitors Needed to buy 100 units if only 1% buy.

(X).01 = 100 units
EQUATES TO: X= 10,000
THEN 10,000($.05) = $500 paid for targeted traffic.

So in other words, if you were lucky enough to get a 1% return, you just paid $500 dollars in pay per visit advertising to sell 100 units of your movie. But let’s go one step further. Let’s assume you’re like me – and you hate order fulfillment and shipping. So you decide to let a company like Amazon’s Create Space or iTunes (or some other popular marketplace) handle your order.

Video On Demand For Rent
100 units ($3) = $300 – 50% paid to marketplace = $150
minus $500 paid for advertising = -$350 NEGATIVE

In this VOD rental scenario, the Pay Per Visit Ad numbers don’t work, unless you like losing money.


Video On Demand For Download
100 units ($10) = $1000 – 50% paid to marketplace = $500
minus $500 paid for advertising = BREAK EVEN

In this VOD download to own scenario, the numbers work a little bit better. Assuming you’re lucky enough to get 1% of your money returned, at least the advertising pays for itself. But unless you can increase profits, pay per visit advertising is going to be very difficult method for returning money to your investors.


Physical DVD Sales
100 units ($20) = $2000 – 50% paid to marketplace = $1000
minus $500 paid for advertising = $500 in profit.

Ah ha! If you’re fortunate enough to get 1% return on your pay per visit advertising, you can see how physical DVD’s sold at $20 dollars may offer a slight profit margin. In other words, in this scenario, for every $.50 cents you spend, you get $1 dollar back.

So let’s tackle the bigger problem. Let’s try to get a return on our 1Million dollar movie, selling physical DVD sales and using pay per visit advertising alone:

Movie Budget = 1 Million dollars
Physical DVD Sales using Pay Per Visit Advertising

$1,000,000 divided by $20 per unit = 50,000 Units

Since we will give 50% to the marketplace for all sales, we will need to project for double our budget.

100,000 units = Our goal for this ad campaign.
$.05 = Amount you may pay advertiser per visit.
X = Number of Visitors Needed to buy 100,000 units if only 1% buy.

(X).01 = 100,000 units
EQUATES TO: X= 10,000,000 (Yes, TEN MILLION people.)
THEN 10,000,000($.05) = $500,000 paid for targeted traffic.

100,000 units ($20) = $2,000,000 – 50% paid to marketplace = $1,000,000
minus $500,000 paid for advertising = $500,000 in profit.

So to break even, you would need to sell 100,000 units and make $2,000,000.

Filmmaking Conclusions

Based on this scenario, as a filmmaker you will (obviously) need to expand your promotion beyond pay-per-visit advertising!

But importantly – and most AWESOMELY -  for the first time in independent moviemaking history, you can now treat your movie business like any other small business. Find the marketing formula that works for your movie and crunch your numbers until they work. Once you have a plan, then simply include your marketing costs in your budget.

While there are no guarantees in any business, having a plan for marketing, sales and distribution sure beats the old days when your only plan for ROI involved crossing your fingers in the hopes someone will offer you a profitable, traditional deal. Treating your movie business like any small business simply means you don’t have to ask permission. You can make your movie NOW!

And your prospective investors might take notice…

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Independent Movie Distribution Made Simple with Video On Demand

Independent Hollywood Producer Reveals Secrets On How To Sell Independent Movies For Maximum Profit – Without Middle-Man In New Book That Tells Movie Distribution Companies To Take A Hike!

(Press Release – Los Angeles, CA) Independent filmmaking has been considered one of the riskiest businesses in the world. This is because independent filmmakers traditionally relied on 3rd party movie distributors to acquire, market and reach the audience through tried and true sales channels. But thanks to modern Video On Demand distribution, independent movie makers can now reach their audiences through popular VOD marketplaces without the middle-man.

Video on demand distribution provides filmmakers with easy access to the major online marketplaces such as Amazon and iTunes. Once a title is submitted, filmmakers can then share virtual shelf space with mainstream Hollywood movies. While video on demand distribution represents a easy way for independent filmmakers to enter mainstream marketplaces, this change in distribution represents new challenges.

According to Los Angeles based independent filmmaker, Jason Brubaker, “Filmmakers now need to become comfortable with internet marketing, social media and audience list building… And for most modern moviemakers, this is a huge learning curve!”

Based on his own experience, Jason Brubaker has completed a new system for helping moviemakers get their movies seen and selling. Called The Independent Producer’s Guide To Digital Self-distribution, independent filmmakers can now utilize a step-by-step Action Guide to help sell movies in popular internet marketplaces as soon as possible.

“When our first feature failed to garner a traditional distribution deal, I had two choices. I could have given up and just let our movie collect dust, or I could try to sell the movie.” Luckily for Jason Brubaker, the experiment paid off. Five years later his first feature film is still selling and as a result, he is still cashing checks, prompting some traditional movie distribution companies to take notice.

“Yeah. They called me on the phone and finally offered a traditional deal. But since we were doing so well on our own, it was decided that the deals just weren’t worth the headache. So we told them we would have to pass at this time. Which is funny, because that’s what distribution companies usually tell filmmakers.”

The Independent Producer’s Guide To Digital Self-Distribution provides filmmakers with an easy to follow Action Guide as well as a a built in step-by-step workbook. Once filmmakers work through the action guide, marketing and selling independent movie via internet marketplaces becomes a very simple process.

“I wanted the Independent Producer’s Guide To Digital Self Distribution to be an easy to follow, valuable guide. Once you know this stuff, you’ll probably never consider a crappy distribution deal again.”

To find out more about the Independent Producer’s Guide To Digital Self Distribution, check out www.HowToSellYourMovie.com

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