So how have things played out after my first week with DynamoPlayer?
As far as ‘Gone Fishing’, my Oscars shortlisted film goes, I have some actual statistics now. Yes these are skewed because of my blog entry last Monday, but nonetheless, they are real figures.
Since Feb 19th when I actually built the site at www.buygonefishing.com, 797 people have clicked on the play button, which resulted in 20 sales at $1.99. Those 20 sales resulted in 57 ‘plays’ (which represents plays, replays, scrubbing up and down the timeline and extra feature plays) Note the trailer loads were not working for the first few days until the Dynamo guys fixed it.
At 56%, visitors were mainly from the UK, followed by the USA at 26% and then tailing off to 20 or so other countries, lead by Australia at 3%.
Not startling figures (as a side note, I don’t have any figures from iTunes about Gone Fishing after one year of sales, but I am informed from a producer friend who has a similar film on iTunes that he has sold less than 1,000 units in a year – if and when Shorts International actually report, I will share those numbers with you).
So is DynamoPlayer a Gamechanger?
I still feel it is.
There has been much chatter on Twitter, blogs and comments posted on the web about my campaign, and over the weekend I will do an analysis of this feedback. But for now, I just wanted to explain why initial thoughts.
First, I remain in control. ALL of that traffic to my site was driven there by me or by referring services or people. At a deep core level though, it was MY work that resulted in the traffic and sales.
Second, now it is built, aside from driving traffic, I don’t need to do anything.
Third, I can harvest emails from buyers and build my base. I can even upsell DVDs. No-one controls that data aside from me.
And most important, Dynamo is not my only shop front.
This technology is still very new and people may resist it at first. And there are some major barriers to overcome too, such as the mess Apple is creating for everyone by blocking content like this to iPhone / iPad (and recent revelations about Apple look like they are just going to make things even worse – Thanks for the link Alex).
But the really big thing to remember is this, my film isn’t new.
It’s played at over 150 festivals. It’s been on TV in heaps of countries. It’s played on airlines. And I have sold 1,500 DVDs and BluRays from my homepage over the last 2 years. For Gone Fishing, DynamoPlayer serves as a test of concept and represents the end of the ‘long-tail’ of its sales cycle. (though we do have a few tricks up our sleeve just yet, so watch this space ;-))
However, consider this.
Both my film and much of what is appearing on DynamoPlayer is material that has been made with a traditional sales cycle in mind.
We are still looking at DynamoPlayer as a way to repackage and resell films that have been made primarily for old sales models (TV, DVD, festivals etc.).
I suspect that if we start thinking a little more innovatively, we will see an evolution in the way we create content, an evolution in the way we tell those stories and an evolution in the way we launch those projects on Dynamo (or similar platforms), with the associated online fanfare, PR drive and audience interaction.
It’s early days… but I remain as excited as ever.
We have all the tools we need. The kit, the knowledge and the power to distribute globally.
Now we need to get creative about building a great movie, but also a great proposition that makes our visitors REALLY WANT to RENT or BUY. We can’t just offer something interesting, it needs to be compelling and MUST HAVE.
If you havent seen it, do check out our page for 'Gone Fishing' at www.buygonefishing.com
Onwards and upwards!
Chris Jones, Film Maker and Author
www.livingspiritgroup.com
www.ProductionOffice.org
e: mail@livingspirit.com
That’s still not bad. The conversion rate is 2.5%. Over time, if you get enough traffic to your site you could make some money on something that didn’t exist before. Almost like a extra stream of royalties.
pretty sure that it will pick up. Always difficult to convert referrals to sales in the online space – at least from my experience.
At that cost, $1.99, it’s a small investment so the conversion rate should get higher; when word spreads and people start realizing that it’s worth it.
I also think it’s important to recognise that within those initial figures is an interested fan-base checking out the Dynamo Player website and integration on your own site, seeing how it all works and comes together.
A lot of the traffic driven from the blog will be fans of your work (like me), who already own a copy (or two, like me) of GF and therefore aren’t likely to pay for it again just to try out the player.
Bearing that in mind, I suspect your conversion rate of “genuinely interested people” for GF as opposed to “dynamo explorers” is higher than the 2.5% Anton points out.
Although I’m still not convinced it’s a total game-changer, I do see that it’s a hugely useful tool to help indie filmmakers monetise their content much more quickly and easily than anything that’s been on offer previously and that can only be a good thing.