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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 following discussion post.
I have not been to a movie theater in years, mostly for two reasons. One
cost, and the other being the ease of accessibility through applications
such as Netflix or Amazon. When I did go to a movie theater to watch an
up-and-coming movie, the demographics depended on the type of movie
theater, location, and shows being offered. As an example, in
Massachusetts, there is a dine in movie theater before Patriot Place opened
Showcase Cinema. It was called Route One Cinema Pub, and this place still
exists today. In my lifetime, it was the first movie theater where you
could buy dinner and drinks and watch a movie. This was very popular with
couples enjoying date night, or a family with older children, maybe middle
school to high school age. At the time the price of dinner was very
reasonable, so families, and younger couples could afford dinner and a
movie, at a single location. I looked up the Cinema Pub for pricing today.
Let’s say you had a family of five. Two adults and three children. Average
price for all to eat a chicken finger meal and have a drink is roughly
$81.75, and the movie tickets would be $50.00 for a total of roughly
$131.75 for a family of 5 or $26.35/per person. In my opinion relatively
inexpensive for a family night out (Route One Cinema Pub).
Let’s compare that to Showcase Cinema at Patriot Place. Food and drink for
a family is 5 is roughly ~$140.00/per person, plus a movie ticket is an
additional $17.00/per person for general admission. Which is additional
$85.00 for a family of 5. This brings us to a total of $216.75 for a family
of 5 or $43.35/per person. Crazy expensive! I am not sure how a family of
5, let alone a couple on a date night, making minimum wage, can afford such
a night out (Showcase Cinema de Lux Patriot Place. Showtimes & Tickets -
Showcase Cinemas – US).
Regal Theaters for an adult movie ticket is $19.99 a fee, and a child
ticket is $18.99 a fee. For a family of 5 that is roughly ~100.00 without
any food, drink, or snack. Again, crazy expensive. If I was the vice
president of marketing for Regal Cinema have one heck of an uphill battle
considering you can buy Netflix for the entire year starting at $83.88/per
year. Why would anyone want to go to the Cinema? Why not, just wait until
it is released on Netflix (Movie Showtimes & Movie Tickets | Regal. &
Unlimited movies, TV shows, and more. Netflix).
According to Statista.Com in November 2018 28% of people preferred watching
a movie for the first time at the theater verse 15% who rather streaming as
their preference. By June 2020 those number completely flipped with 36%
preferring watching a movie for the first time via streaming, then 14%
watching in a theater. That is a dramatic change in less than two years
(Carollo, L. (2023, January 5).
With that said the demographic of those who attend movie theaters near
where I live, are adult couples, or families who have the ability to
provide their families with what I would say in my opinion is an expensive
night out. If I was the vice president of marketing, I would look to
challenge myself, with providing a more affordable option to families and
single couples, or single friends. I would also investigate if there was an
option to provide a streaming service before competitors are allowed access
to the films, and challenge myself, if there were options available to show
the movie to the audience, as if you were in the cinema, but you were in
the luxury of your own home. As it stands now, I do not see the game plan
of cinemas today being sustainable.
References:
Carollo, L. (2023, January 5). Theaters vs. streaming: First time movie
viewing preferences in the U.S. 2020. Statista.
https://www.statista.com/statistics/947757/theaters-streaming-watching-movies/
Movie Showtimes & Movie Tickets | Regal. (n.d.). https://www.regmovies.com/
Route One Cinema Pub. (n.d.). https://www.cinema-pub.com/
Showcase Cinema de Lux Patriot Place. Showtimes & Tickets - Showcase
Cinemas - US. (n.d.).
https://www.showcasecinemas.com/theatre-info/x08j8-showcase-cinema-de-lux-patriot-place/
Unlimited movies, TV shows, and more. Netflix. (n.d.).
https://www.netflix.com/
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