Movie Production Strategy for Your Business Success - Taking You Forward, Inc. - ContactCenterWorld.com Blog
Movies are both entertaining and inspiring. In 2015, we have every reason to get excited as a string of blockbuster movies are scheduled to hit theaters – The Avengers: Age of Ultron, Star Wars: Episode VII – The Force Awakens, Furious 7, Spectre (the latest James Bond film), and The Hunger Games: Mockingjay (Part 2), just to name a few. It’s a totally awesome experience to watch these movies on the big screen.
Behind every epic movie is serious business, the “money-making” business that is. If a movie gets a very warm reception from audiences in cinemas around the world, it could very well mean a huge payday for everyone involved in making the movie. The financial success of a movie can also propel sequels and the potential to generate more money.
The movie industry is a billion dollar business. As of the first quarter of 2015, the movie industry has grossed over USD $3 billion. The highest grossing film so far is Avatar with over USD $2.7 billion in global revenues. Behind every box-office hit is a collective effort of the film studio, investors, producers, director, film crew, cast, and distribution partners.
A big-budget motion picture, starring an Academy Award-winning cast, doesn’t always guarantee Box Office success. With cost overrun-risks and steadily-increasing overhead costs – most notably the multimillion-dollar salaries of the A-list cast – film producers struggle to finish their movies within budget. Plus, film studios have to contend with very expensive film equipment (such as cameras, monitors, and lighting) and a myriad of licensing fees.
In an effort to curb expenses – and partly due to resource limitations – while keeping the film on schedule and within budget, major film studios are forced (but in a good way) to outsource a lot of their operations. Check out some of the filmmaking processes that are outsourced to third-party but more experienced companies.
- CGI (computer-generated imagery), animation, visual effects, and graphic design
- Film scoring, video and audio editing, and soundtrack production
- Storyboarding and film production
- Casting and film crew management
- Marketing, ticket sales, and customer service solutions (most probably to a reputable call center in the Philippines)
As they go through the film production cycle – development, pre-production, production, post-production, and distribution – film studios employ every strategy in the book to maximize resources and produce top-grossing films that will hopefully be remembered by audiences for generations to come.
Outsourcing is nothing new in the film business. It has definitely contributed to the amazing world of movie magic. Also, outsourcing has done wonders to businesses in every industry, most especially to Small and Medium-sized Enterprises (SME). Because of outsourcing to a call center in the Philippines, SME business processes are highly optimized. Outsourcing is simply the ultimate cost-saving solution for every resource-strapped business.
Don’t you also want to experience wonderful things happening to your business? Try outsourcing. It can do “magical” things for you. Call us now at Taking You Forward.
Publish Date: October 5, 2015 5:00 AM
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