6 Questions to Ask yourself BEFORE Self Distributing your Film
In a follow-up to last week’s blog on self-distribution platforms, I thought we would step back for a minute and try to understand what filmmakers should consider before they decide whether or not to self-distribute their movie. This blog is a list of potential parameters you might want to go by. It’s not the only things you should take into account, but they are some factors you’ll need to consider
1. Do you have money for promotion and aggregation?
While you get to keep 100% of the money you make when you use someone like Distribbr, you also have to pay them upfront to get you on those platforms. If you use traditional distribution, generally the distributor will take on that risk for you. Also, they’ll generally pay less than distribbr would charge you in aggregation fees, so they can put more money into marketing the film.
NOTE FROM THE FUTURE: If you need aggregation services, use FilmHub or IndieRights. The model is better than pay for placement even if you give up an extra 20%.
Further, with traditional distribution there tend to be some notable economies of scale. One of these factors is the fact that most good distributors and sales agents will have a publicist on retainer so your film will get better press, and further reach.
2. How your social media following.
If you don’t have a pretty decent social media following, then you really should consider traditional distribution. If the equation below works out to more than 1, then perhaps you should consider selling your film yourself, especially since this doesn’t factor for your personal press contacts, etc. If it doesn’t, then maybe you should look into traditional distribution.
I know I'm asking you to do algebra, but if I get asked in the comments I may create a calculator that runs the math for you.
((TF*0.01+FF*0.05+IF*0.05+OFX*0.03+EL*.1)*(SP-PF))/OLF+5000
TF = Number of Twitter Followers
FF = Number of Facebook Fans
IF = Number of Instagram followers
OFX=Number of other social media followings(Can repeat multiple times)
EL = Number of people on your relevant email list * 0.2)*
SP = Sales Price
PF=Platform fees
OLF=Outstanding Liabilities of the film (I.E. how much do you need to pay back investment and deferments)
The 5,000 represents money you’ll have to spend to get your film out there between marketing assets like posters and trailers, publicity, and limited social media boosts.
NOTE FROM THE FUTURE: This is a simplification of your marketing reach, and does not account for including how underserved your niche is as well as how much access you have to said niche. Given these calculations really only account for Transactional distribuion, it undercounts potential spread via AVOD and international sales if you seek them. I might remake this algotithm if I get enough requests.
3. What was the Budget of your film?
While I’m a big fan of traditional distribution (I am, after all, a distributor) I will say that in many cases it doesn’t make sense to try to sell a film made for less than 10k unless it came out REALLY well. Generally, that equation above will also look favorably on you if your budget is that low. There are, however, cases where this is not true.
4. Do you have press contacts?
Press is the most cost-effective way to market your movie. If you have a list of close contacts in the press, it can be a huge difference in your effectiveness at selling your film without help from a traditional distributor. If you don’t have them, the equation above had better result in something closer to 1.5.
5. Do you have the ability to create awesome marketing material?
Can you cut a great trailer? What about make a great poster? Your distributor will have contacts for that, but you may not, and that will make a huge difference in whether or not you should self-distribute.
6. Would you rather market this movie than make the next one?
This point is subjective. If you’d rather continue to market your film than make the next one, then by all means, self-distribute. If you’d rather put your energy into making the next one, then it probably makes more sense to work with some partners like sales agents and distributors. If you’re looking for those partners, I might be able to help. Just click the submit button below.
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