How Do Filmmakers Compete?

The inside of an 8-track cartridge. The black ...

DVDs are going the way of the 8-Track Image via Wikipedia

With video on demand distribution and the emergence of several new VOD aggregators, independent movie distribution has become non-discriminatory. This means ALL filmmakers can access the marketplace without asking permission.

While this is exciting, it now means the market is flooded with content. Couple this paradigm shift with the demise of DVD sales channels, and you’ll find many traditional distributors are now offering VOD deals to unsuspecting filmmakers, in the hopes something sticks. While these deals hardly every include any upfront cash advances, filmmakers are usually attracted to the silly promise that these distributors will get their titles into iTunes.

But you don’t need those people. With companies like distribber YOU can get your movie onto iTunes without the middel-man.

And as my friend Jared says, anybody with a HDSRL camera can make a back yard barbeque look cinematic. Granted, this technology doesn’t automatically create good cinema – but it does flood the market with competing product.

What this shift represents to filmmakers is in ways akin to what happens when widget factory owners suddenly find themselves in the market, competing with sweat shop labor and cheaply produced goods of a comparable quality.

As a result, the widget that once sold for $100 dollars can no longer compete. And taking this a step further, if your widget company cannot make enough sales to be profitable – my question is:

What happens to the widget factory workers? Do they get pay raises or do they get laid off?

The good news is competition, technological innovations and change has impacted most every other industry since the beginning of capitalism. And despite these challenges, history is full of entrepreneurial innovation – stories of people who have rode the waves of change and prospered.

I believe independent filmmakers can do the same.

What we are facing as filmmakers is no different than any other business. In fact, I would say that we have just stepped into the era of the mini-studio. Filmmaking has become the next small business.

So how do we compete?

7 Step Filmmaking Formula For Selling Your Movie Online

As a feature filmmaker, one of the biggest problems YOU have is finding a traditional distribution deal (that actually makes sense) for your movie. With each passing day, we get closer and closer to a world where DVD sales channels are being replaced by video on demand. And while we are not there yet, after spending the greater part of last weekend watching streaming content on NetFlix and Hulu, I am now of the opinion that the days of DVD distribution are numbered.

TakeActionDistributionLargeThumb-150x150As a result of this evolution, filmmakers need to quit relying on outside 3rd parties to source an audience and distribute independent movies. From now on, you need to start thinking about your movie business like any other small business. YOU will create a product, YOU will distribute your product, YOU will market your product and YOU will sell your product.

While this seems easy for some modern moviemakers, what I am suggesting represents a total paradigm shift for others. Not everyone reading this will agree with me. That is OK. But for those of you eager to embrace this brave new world of independent moviemaking, I have provided the same seven steps I use to promote my own movie business.

When applied, it is my hope that these steps serve as a nice foundation for your own VOD marketing strategy. To find out more, just click:

Step 1 – Sharpen Your Hook

Step 2 – Target Your Target Audience

Step 3 – Get Into The VOD

Step 4 – Create Your Movie Sales Funnel

Step 5 – Refine Your Trailer (And Promote It)

Step 6 – Increase Targeted Web Traffic.

Step 7 – Leverage Your Following.

If you would like more detail on any of these steps, I have created a product that includes both an action guide and Mp3 Audio. You can learn more about it by going here: www.HowToSellYourMovie.com

Filmmaking Stuff Interview with Peter Broderick

As a filmmaker, you probably know the entire world of filmmaking is going through a massive paradigm shift. Much of these changes are a direct result of distribution.

Changes in the ways in which movies are seen and sold continue to raise questions within the independent film community. The most common filmmaking questions are: How will filmmakers raise enough money to pay cast and crew? And without traditional deals, how will filmmakers make that money back?

Peter Broderick is President of Paradigm Consulting which helps filmmakers and media companies develop strategies to maximize distribution, audience and revenues. Earlier this week, Peter stopped by Filmmaking Stuff to talk about the the new world of distribution and how filmmakers can navigate the ever changing landscape of independent filmmaking.

To download the podcast <<click here>>

You can also play the interview directly within this filmmaking article.

To check out Peter Broderick’s website and learn more about Distribution U, CLICK HERE.

If you like this filmmaking article, please tell your filmmaking friends by clicking one of the social media icons below.