23 Feb 2008 10:44:29 | Richard Romando
It all began in the 1980’s. Ronald Regan was president and one
of the many controversial things he did in that office was to
deregulate the TV industry. Why did he do it? Well, as a
conservative Republican he lived and breathed by the “free
market rule,” which stated that the government didn’t belong in
business, and businesses should live and die by the success or
failure of their own practices and market forces.
At the same time, cable TV was just starting its expansion into
the American television marketplace, and that opened up a huge
broadcast venue which simply didn’t exist beforehand. Anybody
with any experience in the broadcast industry was starting his
own channel and pretty soon cable channels were commonplace. The
most successful channels at the time were religious based
channels which were basically used for fundraising purposes.
There were literally hundreds of them, from local, small time
reverends and ministers with dubious backgrounds, to nationally
broadcast spiritual and religious shows, utilizing well-known
religious figures.
At this point, two things happened. For one, many of the young,
fledgling channels and networks who counted on ad revenue to
keep themselves afloat attracted less than stellar ratings and
starting going under. And at the same time, the religious
channels started to realize that their fundraising efforts were
failing miserably in the late evening and wee hours of the
morning.
Cheap broadcast space was born! And enterprising businessmen,
more like vultures than saviors, swooped down and began to chew
on the dying carcasses of the young cable industry, buying up
blocks of cheap, late night, off peak broadcast time and running
30 minute or 60 minute, inexpensively produced commercials
refashioned as entertainment programs.
Pretty soon there were infomercial superstars. Celebrities, as
well as a cast of unknowns, found fame and fortune in the newly
created infomercial industry. There was Jane Fonda who captured
lightening in a bottle with her exercise tapes simultaneously
boosting the video business along with the infomercial business.
There was Ron Popeil, who marketed every gadget and device
people didn’t even know they needed and made the switch from
printed contact to electronic contact so successfully he’s still
doing it today. And there was Kenny Kingston who made the
Psychic Hotline into one of the largest businesses in the world
without even having anything to sell! Only in America and only
in infomercials could such overwhelming success happen so
quickly.
Soon, everybody with an idea was trying to come up with the next
big thing. As is always the case with any new industry,
immediately following the initial success there comes a huge
wave of imitators and innovators trying to cash in. And as
always happens – most fail. There was such a huge crush of
wannabes flooding into the business that production rates
skyrocketed and broadcast time became more and more expensive
and less and less available. Almost overnight, the infomercial
industry went from nothing to today’s enviable haul of billions
of dollars annually. And that’s just in America. Successful
infomercials, like Hollywood movies are translated into foreign
languages and played all around the globe especially when they
are celebrity driven.
The newly created infomercial industry was the precursor to the
Home Shopping Network and QVC which are essentially 24 hour mini
infomercials, product driven, price driven and celebrity driven.
And now we have The Infomercial Channel – 24 hours a day of
infomercials. Gone are the days of loud mouthed hucksters, snake
oil salesmen yelling into the camera, hawking the latest “it
slices! it dices!” home improvement device. Today, infomercials
are slick, expensive and if they work, highly profitable.
About Author :
Infomercials Info
provides detailed information on exercise, weight loss, real
estate, and make up infomercials and direct response (DRTV).
Infomercials Info is affiliated with Business Plans by Growthink.