The kids can sing. No doubt about it. But, they really are a marketers' dream come true. With everything from video games to mobile revenue-generating, from charity drives to commercial tie-in's, from websites against American Idol (http://www.votefortheworst.com/) to their record-breaking website (http://www.americanidol.com/) and their tie-in with Itunes (http://www.itunes.com/), American Idol has really taken the entire operation to the next level.
Figure this: Out of all the major network's, according to a recent Nielson Report, American Idol's website got 32.96% of the market share. That's almost three times the number of the second place finish by Deal or No Deal and Dancing With The Stars got a cool 9.31% of the market share in third place.
American Idol is currently the number one ranked show on television and is making all kinds of strides to capitalize on its current fame. When I watch American Idol, I can:
- Vote on my mobile phone, house phone, or online for my favorites;
- Jump on ITunes and buy both the in studio version of a song or the live on-air version (which, mind you, is always about 2 minutes long);
- Watch all kinds of in-show tie-in's for ITunes, Ford, and Burger King;
- Follow all the action online and even buy gear and tickets for the follow-up Idols Tour (http://www.idolstour.com/);
- And, I can purchase my American Idol video game and compete with friends online.
All-in-all, it's pretty impressive. I was trying to figure out whether you have to be this good at marketing a show like this or are they just really good at marketing this show? The answer is both. According to a Colorado Marketing Association's current speaker on television marketing, I Love Lucy, when it was the number one show in the 1950's reached 45% of the U.S. market. Today, American Idol, while far-and-gone the biggest show on television, only reaches about 5% of the U.S. market.
That means the marketing executives have to embrace all the opportunities that come with advertising and marketing this show in all the various ways that technology will allow. Online contests, tie-in's, and viral marketing all pay serious dividends for the show.
Plus, these are only the directly owned moneymakers. I'm a member of http://www.sportsbook.com/ for the occassional "recreation bet" and I can bet on the winners of American Idol as long as they get their 10% juice.
I'm not complaining though. I'm really not. A year or so back, I complained about a friends chicken burrito because, well it had no chicken on it, and I realized that wasn't my fight to fight. I see American Idol's marketing team as a sort of virtual Iron Chef. They know that right now they're cooking up the best mix of marketing that any television series has done in a long time and they don't necessarily "need" any one company helping them out. They're just simply saying get on for the ride or don't. Either way, somebody will be singing about something at the end of the day. Which is good news for them considering (to the best of my knowledge) that the winner of American Idol has never sold less than 2 million copies of their first cd release after winning the competition. That's no chicken burrito.