The Power of Harry Potter's Marketing PotionHere are three ways your small business can replicate the boy wizard's magical marketing strategy.

ByJason Fell

Opinions expressed by Entrepreneur contributors are their own.

The Power of Harry Potters Marketing PotionTo-date, the Harry Potter movie franchise has generated more than $6 billion in combined worldwide box office sales. Think that's a lot? Well, it doesn't include book sales, product licensing or any of the brand's myriad of other revenues.

The Potter powerhouse has steamed ahead at full throttle since the first book published in the U.K. in 1997 (in the U.S. in 1998), due in large part to its marketing strategy. So, for small-business owners, what can they learn from this unbelievable success when it comes to their own marketing?

While most small businesses won't achieve the astronomical level of success that the Harry Potter brand has, owners should start by providing a quality product or service that far exceeds customer expectations as the boy wizard does. No one knows that better than marketing communications expert Susan Gunelius, author ofHarry Potter: The Story of a Global Business Phenomenon(Palgrave Macmillan, 2008). Here are three Harry Potter-inspired tipsfrom Guneliusthat small-business owners can apply to their own marketing plans:

1. Tug at their heart strings.想让你的品牌成为一个像小巫师的现象? Then creating a consistent emotional attachment with customers will be necessary. To do this, Gunelius suggests delivering on the "3 S's" of customer loyalty: Creating feelings of stability, sustainability and security.

"Without that kind of emotional involvement, your success will peak long before the phenomenon status comes into view," she says.

2. Get 'em talking.Once you get those first few customers engaged, the next step is to get them telling all their friends about your brand. How many people first learned about Harry Potter from friends and family members? We can only speculate but assume the numbers are mind-boggling.

Consider using social networking sites such as Twitter and Facebook to get the conversations started and begin building buzz online about your brand. "Fans always wanted more of the Harry Potter brand, and the Internet became a place where the Harry Potter community could socialize, network and experience the brand in their own ways," she says.

3. Keep them hungry.Always leave customers wanting more of your product or service. Gunelius says business owners can create cliffhangers like Harry Potter did by leaking pieces of information and holding promotional events and contests around the next product to launch.

After that, it's all about damage control. "Once customers become loyal to a brand and develop an emotional connection to it, it's critical that nothing is done to damage the brand or betray consumers' loyalties to it," Gunelius says.

What Hollywood film or other major brand have you found most inspiring in terms of marketing success?Tell us in the comments below.

Wavy Line
Jason Fell

VP, Native Content

Jason Fell is the VP of Native Content, managing theEntrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

Editor's Pick

Related Topics

Business News

Kristen Bell and Dax Shepard's Family 'Stranded' at Boston Airport During 9-Hour Delay: 'We Made Quite a Home Here'

The actors spent $600 on pillows and blankets while waiting for their flight.

领导

There Are 2 Types of Entrepreneurs — And This Is the One You Want to Be. Here's Why.

By honing a few strategic leadership abilities, you'll be able to reach new levels — ensuring that your business is running smoothly and ready for whatever comes next.

Innovation

How Tragedy Can Ignite a Passion for Healing — 7 Steps For Those Dealing With Grief

My journey with business success, personal loss, grief and a Fellowship at Harvard

Marketing

How ChatGPT Is Changing Digital Marketing (for Better or Worse)

The current state-of-play strengths, weaknesses and potential of this breakthrough tech, and why owners and other execs should be aware of its capability gaps.

Starting a Business

10 Ways to Create a Startup Dream Team

Get tips on how to form an effective founding startup team, focusing on hiring the right culture fits, creating a flexible structure and fostering a feedback-rich environment.