How 50 Cent’s Unconventional Marketing Techniques and product creation skills generated over $14 Billion in realized value.
At Owners Illustrated Magazine, we have spent the past 18 years covering the economic impact of Hip-Hop culture.
50 Cent graced our Premier Issue in 2003, and since then, he has become a value-creating machine. From 2002 till 2020, 50 Cent has created over $14 Billion in realized value. How he has done this is an untold story of the American Dream. His tale spans surviving an assassination attempt to being integral to multibillion-dollar acquisitions by several publicly traded companies like Lionsgate, Adidas, and Coca-Cola. The diversity of these industries speaks to his economic and cultural impact, product creation skills, and marketing prowess.
THE 50 CENT’S ECONOMY
50 Cent created over $14 billion in realized value through several creative means.
As Billboard stated recently in regards to a Nielsen report, “R&B/HIP-HOP IS KING: R&B/hip-hop music continued to dominate all other genres in terms of consumption, as it did in 2018. In 2019, the genre represented 27.4% of album equivalent audio consumption – the largest of any genre.”
Most would acknowledge the cultural phenomenon of hip-hop but how about its economic contributions?
This class features videos from a course lecture given at the Swartz Center for Entrepreneurship Carnegie Mellon University. Instructor and course creator Damola Idowu presents the lecture.
What Will You Learn?
- Business Development
- Growth Strategies
- Consumer product development and creation
- Hip-Hop Economics
- Product Distribution
- Social Media Marketing
Week 1- Introduction to the world of Hip Hop and Business.
To say 50 Cent has been an American Icon would be an understatement. Conjuring up his name paints the image of his survival of 9 shots wearing a bulletproof vest and being signed to Dr. Dre and Eminem. What if I told you he had a much larger impact economically?
50 Cent has impacted businesses in a wide range of industries to the tune of over $14 Billion in realized value. His economic impact is vast and diverse, and most people probably won't connect the dots, so I sought to write this book.
Since 2002, I have been covering 50 Cent and I have been doing it comprehensively. Having interviewed him several times, I have also interviewed his partners, managers, recording artists, and employees.
50 Cent Enterprises Assignment
Class Project Assignment
50 Cent’s economic impact
Week 2-TV AND FILM
50 Cent appears as an actor in several movies that combine to generate over $500 million at the box office. As a TV producer, 50 Cent created several shows and most notable is Power for the Starz network. The Starz network will be sold to Lionsgate (LGF.A) for $4.4 billion with a bid of $5 billion submitted by the parent company of Power co-producer, CBS Television, CBS (CBS). Lionsgate (LGF.A) will decline the offer with a $5.5 billion response.Power is the most-watched show in the history of the Starz network.
TV and Film Industry00:00
TV and Film Industry Assignment
How has 50 Cent impacted the TV and Film industry
Week 3 FOOTWEAR
50 Cent would partner with Reebok on a five-year deal in 2003. He would sell over four million pairs of shoes. 50 Cent claimed compensation of over $80 million. Reebok will be sold to Adidas (ADDYY) for $3.8 billion in 2005. G-Unit shoes were a huge source of revenue for Reebok at the time.
50 Cent’s Redefinition of the Footwear Industry
Week 4 BEVERAGE INDUSTRY
50 Cent had several deals and products sold in the beverage industry. Most notable of his products was his enhanced water venture, Vitamin Water. Energy Brands producer, Vitamin Water would be sold to Coca-Cola (KO) in 2007 for $4.1 billion. 50 Cent was an equity holding endorser of the brand who boosted awareness through several channels.
Vitamin Water and the Beverage Industry00:00
Beverage Industry Assignment
50 Cent changed celebrity deals with Vitamin Water
Week 5 ENERGY SHOTS
50 Cent will create SK Energy Shots with famed social entrepreneur, Chris Clarke of Pure Growth Partners. They were partnered with athletes like Colin Kaepernick and companies like Marvel. They will work with the United Nations World Food Program and donate over 3.5 million meals from the sales of SK.
SK Energy Feeding the World00:00
Energy Shots Assignment
SK Energy and Social Impact Entrepreneurship
Week 6 SPIRITS INDUSTRY
50 Cent partners with Beam Suntory for the marketing of their EFFEN vodka brand. 50 Cent would double sales in a year. He claimed to be paid $60 million on his exit from the arrangement. 50 Cent will create his own spirits company, Sire Spirits, to distribute his own champagne and cognac.
From In the Club to Making His own Bub (Champagne)00:00
Spirits Industry Assignment
Selling Alcohol in the Club and Beyond.
Week 7 VIDEO GAMES
50 Cent will produce 3 video games and sell millions of copies. His video game venture generated over $120 million of revenue. Also, notable from his video game ventures were highly integrated marketing for his other ventures. Most notably was his gamification of Vitamin Water. That strategy helped in the over $4 billion exit.
Video Game Assignment
Best Selling Video game impacts sales in other industries
Week 8 FASHION
50 Cent will create two clothing lines under his G-Unit brand. 50 Cent created both a women’s and men’s line of clothing. Sales of his clothing line exceeded over $200 million during his partnership with Ecko Enterprises. At the peak of their arrangement, G-Unit was accounting for 15 percent of the over $1 billion in sales Ecko was generating.
How 50 Cent Generated over $200 Million in Fashion Sales with G-Unit.00:00
From Southside Jamaica Queens to over 15% of the largest urban clothing company
Week 9 JEWELRY.
50 Cent with dabbling in the jewelry game and creating a luxury line of watches with famed Manhattan New York jeweler Jacob & Co.
G-UNIT WILL TEACH YOU HOW TO STUNT00:00
From spinning jewelry to blinged out watches
Week 10 SOCIAL MEDIA.
50 Cent will have a significant impact on the value of social media companies. 50 Cent has over 11 million followers on Twitter and over 25 million followers on Instagram. Both platforms primarily make their revenue from advertising. Twitter made over $3 billion in 2019 and Instagram made over $20 billion in 2019. 50 Cent has over 3,000 posts on Instagram. He also uses the platforms to generate value for Spirits companies and his TV and Film ventures.
Social Media Assignment
Hip-Hop culture makes $billions for social media platforms.
Week 11 BOOKS AND PUBLISHING
50 Cent is a New York Times bestseller author, and he also publishes other authors through his Simon and Schuster imprint G-Unit books.
G-UNIT BOOKS SETS UP MOVIE BUSINESS00:00
Books and Publishing Assignment
Books generate source material for entertainment.
Week 12 AUTOMOBILE INDUSTRY
Beyond his extensive collection of luxury cars, 50 Cent would be partnering with GM. His partnership was with its Pontiac division and was a wide-reaching initiative. He will create custom edition Pontiac’s, and will be involved in the release of an all-new G8 based pickup. Pontiac will also sponsor concerts and integrate 50 Cent in their advertising.
GET IN MY CAR 50 CENT AND General Motors00:00
Automobile Industry Assignment
50 Cent and car customization with General Motors.
Week 13 TECHNOLOGY AND CONSUMER ELECTRONICS
50 Cent was also a technologist and founded a hardware company, SMS Audio. The company was the exclusive provider for Disney (DIS) resorts and parks. SMS Audio would also produce headphones for Marvel and Star Wars Brands. SMS will also play in the health and fitness space. Partner Intel (INTC) provided biometrics technology and heart rate monitors for integration into their products. 50 Cent would also partner with Reebok again for a sports and fitness inspired headphone line.
50 CENT THE HARDWARE TECHNOLOGIST00:00
Technology and Consumer Electronics Assignment
Consumer Electronics and the difficulties of Hardware
Week 14 MUSIC
50 Cent created marketing efforts that built his G-Unit brand through alternative distribution channels. This approach created a bidding war for his music in excess of $1 million before he was signed with Dr. Dre and Eminem. He would sign with them in 2002 for $1 million. Since 2002, 50 Cent and his G-Unit artist have sold over 40 million records worldwide. He will launch the multi-platinum career of artists like The Game and Lloyd Banks. Revenue for music sales alone exceeded over $450 million. From 2002, 50 Cent would also have a lucrative live performance career. His concerts generated over $71 million of revenue. 50 Cent also made millions from music publishing and other ancillary income like ringtones.
OVER A HALF A BILLION DOLLARS IN MUSIC FROM MIXTAPES00:00
From Mixtapes to over $500 million in economic impact
Week 15 Class Project Presentations
Combining all of the industries we have studied in this class, you get over 14 billion dollars in realized value by 50 Cent. Students have to create a mock product in one of the aforementioned industries and use lessons learned from 50 Cent's marketing techniques to do a product marketing strategy. Students will present their final product as a project. Students can work in teams.
Week 16. Final Exam
A cumulative exam on all the topics covered in class will be administered with students having to answer their questions in multiple formats.
Earn a certificate
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