The question arises, will this Royal wedding break the internet or not ????
Brands and Marketers are going insane over Prince Harry and Ms. Megan Markle "The Royal Wedding". The Ceremony will take place at St George Chapel at noon. The estimated budget for magazine advertisements crossed $31 million dollars. The magazine 'US Weekly' which are covering this royal wedding step by step almost sold 100,000 copies in a day. Companies are endorsing and selling different products with the Royals brand. Approximately $67 million worth of products are sold in just one week. People all around the world are traveling towards Windsor Castle to see the new Royal couple get married.
Megan Markle will be wearing Givenchy worth $136,000 and the wedding itself will cost around $34 million and counting.
Moving towards the Digital media, surprisingly almost 70% of the US citizen tweet and shared the post related to the ceremony on Twitter and Facebook, contrary to the fact, less than 30% of the Brits shared and tweet regarding this Royal wedding. So Americans are taking more interest than the Brits. British Broadcasting Channel (BBC) and Cable News Networks (CNN) are the official partners on TV broadcasting. CNN started a trend #CNNtv, where people all around the world can log in and see live feeds of the wedding. Big news channels like ABC is planning to put a massive bid to get on the top results when people search ‘The Royal Wedding”, now you can imagine how much money will Google make. Furthermore, they invested a good amount of money on getting a 5hrs morning platform on the Facebook official page of the Royal Monarchs.
In terms of Youtube, the most watched website is estimating 450 Million users and Youtubers to see the Royal Wedding Online. According to the stats, approximately 3 Billion users will be watching this majestic event all across the globe. Almost every hotel is booked in the 4 Mile radius with double amount of prices by travelers and Royal enthusiast.
Purple PR, a company which is doing official Public Relation, publicity and newsletter for the Royal Wedding. Approximate, 300 million pounds is the expected profit earned through this event. Brands which Megan wear during these days have skyrocketed their sales and fellowship on the social media especially Instagram have increased. They are planning to earn around 160 million pounds. Never the less, around 50 million pounds of estimated sales are expected by selling stamps, mugs and royal coins.
Kentucky Fried Chicken and Burger King are making Royal burgers in the name of Prince Harry and Ms. Markle to get a joy and increase their sales.
All of the endorsements and marketing will increase Britain economy by £1.04 Billion.
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