Alamo Drafthouse is one of a growing number of movie theaters marketing an eat-in menu along with the film.
Alamo is known for offering meals and snacks (and beverages, it is a drafthouse) keyed to the theme of the movies it shows. The idea is to make the movie-going experience about more than the film.
Alamo famously bans phones and texting during the movie to prevent distractions. And, unlike most movie chains, Alamo doesn't make the audience sit through previews and ads before the feature. The film and the food are the focus.
Now Alamo is trying something new, bringing back the old idea of a video store. It will even rent VCR equipment to people who want to watch VHS tapes rather than DVDs or Blu-Ray DVDs.
Movie Tavern is another food-and-film chain, marketed with the tag line "Movies never tasted so good." The company's svp of culinary and guest experience notes that Movie Tavern's menu has to be "bold in flavor and approachable in design, due to the fact our guests are eating in the dark."
When Movie Tavern changes its menu, it gives thought to the eating experience as well as the latest flavors and new food trends. From craft beer to shakes to mixed drinks, beverages add a special touch to the in-cinema experience.
Another marketer of food-and-films is iPic Entertainment, which actually makes more money from food and beverage sales than it does from ticket sales. The motto is "Your Ultimate Night Out" as iPic serves seasonal foods and beverages.
The biggest theater chains have taken notice and are testing food offerings to attract movie lovers to pay for the big-screen experience again and again. It's all about the customer experience.
Marketing analysis, opinion, and links by Marian Burk Wood, author of Pearson Education's "The Marketing Plan Handbook."
Showing posts with label movie rentals. Show all posts
Showing posts with label movie rentals. Show all posts
Wednesday, January 10, 2018
Wednesday, November 28, 2012
Marketing Movie Rentals: Risk and Reward
With 35,000 bright red kiosks (not to mention 5 million Facebook likes), Redbox virtually rules America's on-the-spot DVD rental business now that Blockbuster has closed its US stores.
Redbox also has a deal with Verizon to offer monthly subscription access to streaming movies. Redbox CEO Paul Davis hints to Fast Company that curated content will be its point of differentiation: "I think there's a point where as consumers, I mean, do you really need 100,000 titles? I mean, really?"
Of course, market dynamics change day to day. When the NPD Group compiled the chart at right, just a few months ago, physical DVD rentals still dominated the market overall. The implication: Redbox should keep plugging in those free-standing kiosks wherever they can. Costly, but convenient for customers.
However, in a survey by ConsumerReports.org conducted a few weeks later, streaming was named the rental method of choice by most respondents, followed by DVD rental and then video-on-demand (VOD). Redbox's Verizon alliance would be critical in this situation.
Disney has tried and failed to gain traction in the streaming segment, one example of the risk in this hotbed of activity.
Netflix has been steadily building a massive library of DVDs and streaming movie content, following the CEO's long-term strategy of "grow membership, increase content, repeat." In other words, Netflix's direction conflicts with the Redbox idea about reaching a point where buyers simply have too many choices. Plus, Netflix lets buyers subscribe to streaming-only content or DVDs-by-mail, as they prefer--at least for now.
Amazon's latest test of monthly pricing for streaming movie content brings the price in line with Netflix's streaming-only subscription price and with Hulu's price. YouTube is testing on-demand rentals (streamed of course). The market is also seeing some experiments like the UK Domino's Pizza/Lionsgate movie rental streaming option being offered to buyers who order pizza.
Where is the market going? Which strategies will pay off? Tune in tomorrow.
Redbox also has a deal with Verizon to offer monthly subscription access to streaming movies. Redbox CEO Paul Davis hints to Fast Company that curated content will be its point of differentiation: "I think there's a point where as consumers, I mean, do you really need 100,000 titles? I mean, really?"
Of course, market dynamics change day to day. When the NPD Group compiled the chart at right, just a few months ago, physical DVD rentals still dominated the market overall. The implication: Redbox should keep plugging in those free-standing kiosks wherever they can. Costly, but convenient for customers.
However, in a survey by ConsumerReports.org conducted a few weeks later, streaming was named the rental method of choice by most respondents, followed by DVD rental and then video-on-demand (VOD). Redbox's Verizon alliance would be critical in this situation.
Disney has tried and failed to gain traction in the streaming segment, one example of the risk in this hotbed of activity.
Netflix has been steadily building a massive library of DVDs and streaming movie content, following the CEO's long-term strategy of "grow membership, increase content, repeat." In other words, Netflix's direction conflicts with the Redbox idea about reaching a point where buyers simply have too many choices. Plus, Netflix lets buyers subscribe to streaming-only content or DVDs-by-mail, as they prefer--at least for now.
Amazon's latest test of monthly pricing for streaming movie content brings the price in line with Netflix's streaming-only subscription price and with Hulu's price. YouTube is testing on-demand rentals (streamed of course). The market is also seeing some experiments like the UK Domino's Pizza/Lionsgate movie rental streaming option being offered to buyers who order pizza.
Where is the market going? Which strategies will pay off? Tune in tomorrow.
Labels:
Amazon,
Disney,
Domino's,
DVD rental,
Hulu,
movie rentals,
Netflix,
Redbox,
YouTube
Monday, October 10, 2011
YouTube Expands Movie Rental Business
Did you even know YouTube is in the movie rental business? It's already expanding into Canada and the UK market, after having started in the US. This development is not entirely out of the blue: Mashable, PC World, and others reported on it last year.
No need to be in front of a computer screen--YouTube movie rentals can stream to Android phones, naturally.
Comcast and other cable companies are feeling pressure from on-demand streaming movie rental deals like YouTube's and Netflix's (not to mention the new Direct/Blockbuster offer). Comcast wants to stream movies before the rental firms get ahold of them, but at a high price point, reportedly.
So pricing may wind up to be a key decision point for consumers. Go out to Redbox and get something for $1? Or stream via subscription from Netflix (which just dropped the Qwikster split-up plan)? Or rent on the fly anytime from YouTube? Lots of choices, and lots of changes on the horizon. Stay tuned.
