Order Info
Сustomer's subject:
Marketing
Topic:
Any topic (Writer's choice)
Type of work:
Discussion Post
Level:
College
Number of pages:
1 page = 275 words
Formatting style:
APA
Language Style:
English (U.S.)
Sources:
Please write a response to the discussion post below:
The largest geographical market for Regal will be movie goers between the
ages of 14 and 39 with an average income of between $37,000 to $55,000, for
campaigns aimed at maintaining customer loyalty and competing with
streaming and digital platforms. This determination is informed by research
which follows.
As the largest cinema advertising platform in the U.S, NCM has a sizable
reach on the market share and represents all three national exhibitors,
Regal, Cinemark, and AMC. Regal competitor AMC Theatres on their company
website “Advertise in Our Theatres” (n.d.) states 76% of their moviegoers
are younger than age 39 years, and over half are of the combined ethnic
demographic of Black, Hispanic, and Asian. AMC Theatres partners with
National CineMedia (NCM) whose reach includes specific target audiences
from Gen Z and Millennials with yearly exposure reaching half (“one out of
every two”) of 18- to 34-year-olds, at an average rate of 72% ad recall
(AMC Theatres, n.d.). Another AMC Theatres partner, Screenvision Media,
with a reputation for having access to robust data informatics states 84%
of AMC’s movie attendees view cinema advertisements, which they cite as 2
1/3 times higher than television viewers (AMC Theatres, n.d.).
Gruvi, a digital film advertising company, provides insights concerning
marketing considerations for movie audience demographics (Paola, 2023).
Forty six percent (46%) of adult men and thirty seven percent (37%) of
adult women are regular movie goers. Higher income earners are more
frequent movie goers--thirty six percent (36%) of internet respondents with
incomes below $50,000 U.S. compared to fifty three percent (53%) with
incomes above $100,000. Streaming and digital options have impacted the
movie theatre market considerably, so special attention should be given to
getting lower income customers to increase theatre movie viewing.
SAWA Global Cinema Advertising Association (SAWA) contends, “There are
clear advantages to advertising in Cinemas: the audience is attractive
(affluent and young), the audience is captive, recall rates are much higher
than other display media and the overall impact of the screen itself is
very significant” (n.d.). SAWA (n.d.) reports half of cinema goers are
between the ages of 14 to 34 years, and seventy five percent (75%) of
cinema audience are frequent customers who average attendance once every 4
weeks. SAWA (n.d.) acknowledges an increase in attendance by adults over
age 25 in recent years likely due to movie remakes. Surprisingly Motion
Picture Association (2019) lists ages 25-39 as the top demographic for
moviegoing in 2019 at 27%, ages 40-49 were the second highest at 16%, and
ages 60 came in third representing 14%.
The movie theatre on a weekend has a mix of demographics. People of all
ages and social types meet depending on the offerings. Friends and families
frequent, however, families with young children typically go earlier as do
tween aged friend groups. Teens and older friend groups go to the movies
later in the day. According to Gruvi (Paolo, 2023) various demographic
groups are broadening their movie genre viewing, and movie goers with
higher education choose a broader range of movie styles. More urban
dwellers also frequent movies. Urban theatres routinely have more broader
genres, and rural areas have movies with family appeal (Paolo, 2023). Regal
promotes its theatres as family friendly (Anonymous Student, 2003/2004) and
caters to a highly diverse audience with programs which include “Summer
Movie Express” offering $1 for family movies. A momentous program called
“My Way Matinee” makes accommodations considerate of sensory sensitive
audiences, reserving the first show of the day for specified Saturdays on a
monthly basis.
References
AMC Theatres. (n.d.). Advertise in our theatres.
https://www.amctheatres.com/business/advertise-in-theatres
Anonymous Student. (2003/2004). Regal cinemas marketing plan. Eastern
Gateway Community College/Studocu.
https://www.studocu.com/en-us/document/eastern-gateway-community-college/principles-of-marketing/marketing-plan-part3/62167178
Motion Picture Association. (2019). 2019 theme report.
https://www.motionpictures.org/wp-content/uploads/2020/03/MPA-THEME-2019.pdf
National CineMedia. (n.d.) Quality & Quantity.
https://www.ncm.com/network-audience
Paolo. (2023, December 21). Overview of movie audience demographics.
https://gruvi.tv/post/movie-audience-demographics/
SAWA Global Cinema Advertising Association. (n.d.). Demographics of the
cinema audience. https://www.sawa.com/why-cinema/audience
GeneralEssayUndergraduate
Need this done?
Similar assignment?
Get it done by a vetted professional writer in as little as 1 hour.