A significant shift has taken place in the promotional landscape for the highly anticipated musical film 'Wicked: For Good.' Gone are the days of endless press junkets and witty social media memes featuring its stars, Ariana Grande and Cynthia Erivo. Instead, fans are now bombarded with a plethora of merchandise – an astonishing number that rivals the original 2024 campaign.
According to insiders, Universal's chief marketing officer, Michael Moses, sought to curtail the overwhelming promotional fervor of last year, opting for a more measured approach this time around. This strategic move allowed the studio to focus on merchandising, with brands clamoring to partner with the beloved franchise.
The results are eye-catching: 400 brand collaborations have been secured for 'For Good,' with only 165 repeat partnerships – a testament to Universal's willingness to experiment with unconventional marketing strategies. The likes of Lexus and American Girl Dolls have become synonymous with the 'Wicked' brand, sparking debate among fans about the creative choices behind these collaborations.
Despite this unconventional approach, it appears that Universal is reaping significant rewards. Industry projections suggest that 'For Good' will open with a notable haul, potentially exceeding $112 million – a sum more than three times that of its predecessor's debut. As such, the Emerald City has solidified its position as one of Hollywood's most lucrative destinations.
One cannot help but wonder whether Universal's gamble on embracing merchandising will yield the desired results, however. Will fans be willing to spend lavishly on products featuring their favorite characters? Only time will tell, but for now, it seems that Oz remains a marketing goldmine.
According to insiders, Universal's chief marketing officer, Michael Moses, sought to curtail the overwhelming promotional fervor of last year, opting for a more measured approach this time around. This strategic move allowed the studio to focus on merchandising, with brands clamoring to partner with the beloved franchise.
The results are eye-catching: 400 brand collaborations have been secured for 'For Good,' with only 165 repeat partnerships – a testament to Universal's willingness to experiment with unconventional marketing strategies. The likes of Lexus and American Girl Dolls have become synonymous with the 'Wicked' brand, sparking debate among fans about the creative choices behind these collaborations.
Despite this unconventional approach, it appears that Universal is reaping significant rewards. Industry projections suggest that 'For Good' will open with a notable haul, potentially exceeding $112 million – a sum more than three times that of its predecessor's debut. As such, the Emerald City has solidified its position as one of Hollywood's most lucrative destinations.
One cannot help but wonder whether Universal's gamble on embracing merchandising will yield the desired results, however. Will fans be willing to spend lavishly on products featuring their favorite characters? Only time will tell, but for now, it seems that Oz remains a marketing goldmine.