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Marketing School - Digital Marketing and Online Marketing Tips

What the Hollywood Actor Strike Can Teach You About Marketing #2546

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 31 July 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Eric and Neil delve into the repercussions of the Hollywood Actor Strike and discover invaluable marketing lessons that can be applied across various industries. TIME-STAMPED SHOW NOTES: [00:00] - The impact of the Hollywood Strike [02:00] - What can we learn from it from a marketing standpoint [02:45] - What Neil Patel thinks about the Hollywood Strike and how will it affect content creation [04:57] - Why this is a great time for creators to produce content [05:47] - Being afraid of a future dominated by technology is inherent to human nature Links Mentioned in Today’s Episode: Don’t forget to help us grow by subscribing and liking on YouTube! Leave Some Feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric's ad agency NP Digital << Neil's ad agency Twitter @neilpatel Twitter @ericosiu

Transcript

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0:00.0

All right. So we're going to talk about what the Hollywood actor strike can teach you about marketing. So

0:05.2

interestingly enough, Neil, where I live in LA, I can see the picketter. So Monday through Friday,

0:10.7

the picketters. So there's one on the other side, which is Wilshire and then one on Santa Monica,

0:14.7

which is where I am. And they're just going the entire day. And when it was freaking hot last week,

0:19.2

they're just going hardcore. And let's not talk about hot. You guys don't know what hot is in Los Angeles.

0:25.2

Yeah, too, Shay. But okay. So I want to give a little high level on the actor strike and you can

0:28.9

add in here too. So basically, sorry, I trained Brazilian Jiu Jitsu. And then one of the guys in my

0:34.1

class, or he's actually in a higher class than mine, but he's an actor and he's on that show

0:38.8

Deadwood. I think that's what it is. He's like the sheriff. But point being he's, yeah, we're just

0:42.7

like far apart. The streaming platforms are just making way more money now. And we're not getting a

0:47.3

piece of it. And now they're talking about using AI to use our likeness and just pay us one time

0:53.1

for that. And we're just so far apart, we need better treatment or whatever it is exactly. And so

0:58.5

it's a situation where not only the actors are striking, but the writers are striking too,

1:03.5

because of all the power that's consolidating with these large corporations. So anything,

1:08.6

is there anything I might have missed there? No, they're also striking for an impairment. That's on

1:12.8

Melrose. Yeah, I'm sure they're striking. I don't know why they're striking over here, to be honest.

1:17.1

But point being is I'll start it off first. From a marketing standpoint, look, at the end of the day,

1:24.7

if you're Robert Downey Jr. aka Ironman, or if you're one of the superstars, it just doesn't matter,

1:30.6

right? There's always going to be the top 1% that drive like a lot of the, I'm not saying these

1:35.6

other actors aren't important or writers aren't important, but there's the superstars that stand

1:39.2

out just like in the NBA, you have the super superstars and they have the NBA players and then you

1:43.4

have the vast majority of people that can never play in the NBA, right? It's the same thing with

...

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