5 Reasons Why Your Business Needs a Commercial Production Company
July 10, 2023
Commercial production is a critical component of any business’s marketing strategy. It involves the creation of high-quality advertisements that are designed to promote a company’s products or services. In today’s digital age, where visuals are more impactful than ever, the significance of employing a commercial production company cannot be overstated. Here, we elucidate five compelling reasons why your business should prioritize investment in a commercial production company.
Firstly, commercial production companies bring expertise to the table that is unparalleled. They are the connoisseurs of understanding market trends, consumer behavior, and the art of storytelling through visual media. A commercial is not just an advertisement; it's a narrative that connects your business to its potential consumers. To put it simply, it is the window through which the world perceives your commodities and services. As Harvard Business School Professor Gerald Zaltman notes, 95% of purchasing decisions are subconscious and driven by emotional responses. Commercial production companies excel in creating commercials that appeal to these latent emotional cues, thereby increasing the likelihood of consumer engagement.
Secondly, commercial production companies are adept at utilizing advanced technologies to their fullest potential. They are proficient in the use of high-tech cameras, editing software, and other industry-leading equipment. This not only ensures high-quality commercials but also enables the use of special effects, animations, and other techniques that can make your advertisement stand out. In terms of comparison, in-house production may fall short of this technological prowess.
The third reason to hire a commercial production company lies in their network. They have a roster of talent that includes professional actors, voice artists, and models, along with connections to locations and sets that would otherwise be difficult to access. Think of this as an opportunity cost situation. By employing a commercial production company, your business might spend more upfront, but the returns, in terms of quality and the impact of your commercial, could offset this initial outlay.
Fourthly, commercial production companies bring efficiency to your marketing efforts. They are synchronized units that work according to set timelines, ensuring the final product is delivered on schedule. This efficiency is a result of applying the principles of division of labor, as propounded by Adam Smith, the father of modern economics. In a commercial production company, each individual is assigned a specific task in line with their skills and expertise, thereby enhancing overall productivity and efficiency.
The final reason, and perhaps the most crucial one, is that commercial production companies can provide an external perspective on your business. Sometimes, companies can become so engrossed in their operations that they lose sight of how they are perceived by the outside world. A commercial production company, as an external entity, can bring a fresh perspective to your company’s branding, helping your business communicate its value proposition more effectively.
In conclusion, the incorporation of a commercial production company into your marketing strategy can offer myriad benefits. From delivering expert knowledge, employing advanced technologies, providing access to a broad network, enhancing efficiency, and offering an external viewpoint, the value they bring is substantial.
It is important to remember that, like any business decision, choosing a commercial production company should be based on careful deliberation and analysis. A comprehensive understanding of the potential return on investment and cultural fit with your business are crucial factors to be considered. As the economic theorist John Maynard Keynes once said, "When the capital development of a country becomes a byproduct of the activities of a casino, the job is likely to be ill-done". The same principle can be applied here. Make an informed, well-considered decision that aligns with your business goals and watch your brand soar to new heights through the power of commercial production.