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Project Team Stephanie Diamond Yana Grabovska Anna Rodionova Math 110 Final Report – December 2011 Survey and Analysis for Movie Theaters.

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Presentation on theme: "Project Team Stephanie Diamond Yana Grabovska Anna Rodionova Math 110 Final Report – December 2011 Survey and Analysis for Movie Theaters."— Presentation transcript:

1 Project Team Stephanie Diamond Yana Grabovska Anna Rodionova Math 110 Final Report – December 2011 Survey and Analysis for Movie Theaters

2 2 Topics The problem is that there are not enough people going to movie theaters. Addressable Minds… what is it, and how it works Review the study process and the results and conclusions

3 3 The Empty Movie Theater Issue There is an increased number of movie lovers using cable TV, DVDs, internet, etc. to watch films But….there are fewer people actually going to movie theaters The movie theater’s marketing and advertising company needs to know what to say & how to say it to increase business.

4 4 About Addressable Minds Addressable Minds is a scientific, actionable form of “predictive consumer intelligence” for business and social issues accurately defining consumer attitudes and preferences both stated and unstated. It has been described by Malcolm Gladwell and others as discovering the “DNA of the Consumers Mind”. This patented science created by Dr. Howard Moskowitz, author of “Selling Blue Elephants” (Wharton Press) and the Wharton Business School has achieved critical acclaim and financial success across: – product design and development, – consumer messaging, – more effective consumer engagement physically and digitally.

5 Dr. Howard Moskowitz. Addressable Minds Inventor, honored by the scientific community,... Is the Chairman of iNovum, a graduate of Queens College and holds a Ph.D. in Experimental Psychology from Harvard University. Won two of the most prestigious awards in market research 2005 Charles Coolidge Parlin Marketing Research Award The “Nobel Prize” of Market Research, received only by the pioneers of market research. Recipients include Arthur Nielsen, George Gallup, Michael Porter, David Ogilvy and Philip Kotler. 2010 Walston Chubb Award for Innovation across all sciences, Sigma Xi, The Scientific Research Society, international Awarded for Mind Genomics: The science underlying the technology used in this Math 110 course. 5

6 Addressable Minds Psychographic Segmentation - Social Class - Lifestyle Type - Personality Type Behavioral Segmentation - Product Usage - Brand Loyalty - Attitudinal Demographic Segmentation - Age - Gender - Income Addressable Minds Cuts across traditional segmentation & detects hidden preferences

7 Create Addressable Minds messaging for movie theater advertisement 7 DEVELOP SURVEY QUESTIONS Potential movie viewers ANALYZED SURVEY RESULTS → Addressable Minds INTERNET IdeaMap™ SUY SURVEY IDENTIFY TARGET MARKET MARKET SEGMENTATIONSEGMENTATION WIZARD MARKETING PHRASES 10 – 15 minutes

8 Addressable Minds’ underlying science uses standard Science and Mathematics 8 DEVELOP SURVEY QUESTIONS Potential movie viewers ANALYZED SURVEY RESULTS → Addressable Minds INTERNET IdeaMap™ SUY SURVEY IDENTIFY TARGET MARKET Conjoint analysis Ordinary Least Squares Regression Discriminant Function Analysis Experimental Design – Stimulus/Response

9 9 A Survey Was Performed by the Team in the area of movie theaters To serve as a learning vehicle for the application Addressable Minds to a practical business or social issue Sufficient to show the power of the method

10 SURVEY OVERVIEW (1 of 2)  An Addressable Minds Survey is a survey of key ideas for movie theaters advertising to customers  Survey conducted on November 6, 2011 : ◦ Population Ages 18 and over of Males/Females across the US  The team created key marketing and advertising messaging with the intent to entice the survey taker to go to movie theaters 10

11 SURVEY OVERVIEW (2 of 2) 50 individuals responded Assess two major aspects of messages – Does it convince a customer to buy movie tickets? – How does it make the customer feel? Data reveals the mind-sets of respondents across the United States, as well as ‘what works, what doesn’t’ 11

12 12 The Survey begins with an orientation screen

13 13 Each respondent evaluates 48 unique combinations of elements First on overall interest

14 14 Then selects a single emotion

15 15 What convinces? What drives feelings?

16 16 Total Panel – Interested in good prices and comfort, not interested in cleanliness. 1) How likely are you to go to this movie theater based on this information? 1 2 3 4 5 6 7 8 9 Sorted by Total Sample : Highlighted >+9 winners & <-9 losers Sorted by Total Sample Base Size50 Constant39 C5 Free Ticket Tuesdays with Membership Card 17 A1 Waiter Service at the touch of a button 14 E5 Rentable private rooms with couches 12 B4 Brand new HD theater with surround sound 10 E1 Guest Appearances featuring the stars of films during premier nights 8 A4 Great tasting, nurtritional food for the health conscious 7 C1 Buy 5 tickets, Get 1 Free 7 A6 Gluten free options available -5 E2 We have an easily accessible ATM -5 E4 Multi-Cultural Movies with Subtitles -6 C2 Great party deals for groups -7 F6 No cell phone reception within the theaters -8 B3 Theaters are cleaned inbetween each viewing -10 B6 Our regularly cleaned bathrooms are stroller accessible and have changing tables -11

17 17 The Total Panel’s Interest is Different From That in Each of Three Identified Segments 1) How likely are you to go to this movie theater based on this information? 1 2 3 4 5 6 7 8 9 Sorted by Total Sample : Highlighted >+9 winners & <-9 losers Sorted by Total Sample Seg1 of 3Seg2 of 3Seg3 of 3 Base Size5021227 Constant3944465 Free Ticket Tuesdays with Membership Card 17152018 Waiter Service at the touch of a button 1424-440 Rentable private rooms with couches 1215620 Brand new HD theater with surround sound 1081210 Guest Appearances featuring the stars of films during premier nights 87-343 Great tasting, nurtritional food for the health conscious 711-434 Buy 5 tickets, Get 1 Free 74108 Child free theaters available on Fridays and Saturdays past 7 p.m. 711212 New deal surprises every week 76319 Buy 1 ticket get 1 30% off 66415 Our clean contemporary bathrooms have wheelchair accessible stalls -3-1812-4 Promo Code Acceptance -4-10-313 Kosher Options for your family's needs -410-2214 Gluten free options available -50-121 We have an easily accessible ATM -50-10-7 Multi-Cultural Movies with Subtitles -6-2-1721 Great party deals for groups -7-11-99 No cell phone reception within the theaters -8-6-10-8 Theaters are cleaned inbetween each viewing -10-5-7-36 Our regularly cleaned bathrooms are stroller accessible and have changing tables -11-16-4-14

18 There are three unique segments Different Customers – Different Approach Messaging for one segment isn’t necessarily going to appeal to the other…and could actually hurt 18 Family Oriented 42% Comfort 14% Deal Seekers 44%

19 19 Family Oriented (Seg1) – Interested in food options and family service 1) How likely are you to go to this movie theater based on this information? 1 2 3 4 5 6 7 8 9 Sorted by Total Sample : Highlighted >+9 winners & <-9 losers Total Sample Family oriented Seg2 of 3 Seg3 of 3 Base Size5021227 Constant3944465 Waiter Service at the touch of a button 1424-440 Kid's Deals including popcorn, soda, and candy 418-1418 Enjoy a glass of ice cold beer with warm popcorn 317-1828 Rentable private rooms with couches 1215620 Free Ticket Tuesdays with Membership Card 17152018 Great tasting, nurtritional food for the health conscious 711-434 Child free theaters available on Fridays and Saturdays past 7 p.m. 711212 Kosher Options for your family's needs -410-2214 Brand new HD theater with surround sound 1081210 Guest Appearances featuring the stars of films during premier nights 87-343 Watch movie premiers on the night they are released 473 Promo Code Acceptance -4-10-313 Isolated Smoking Sections -10-745 Handicap Access throughout the building 2-10625 Great party deals for groups -7-11-99 Couches in all 15 theaters -14-243 Listening Devices (Headphones, etc.) -16230 Buy Tickets Online using our high-tech website 0-161213 Our regularly cleaned bathrooms are stroller accessible and have changing tables -11-16-4-14 Our clean contemporary bathrooms have wheelchair accessible stalls -3-1812-4 Accepts Credit/Debit/Gift Cards -2-19722 Large Parking Lot with enough spots for everyone -251614

20 20 Family Oriented This segment is interested in good deals and convenience. They like to hear about: -Waiter service -Kid’s meals -Free tickets -Nutrition

21 21 Turn Offs for the Family Oriented Large Parking Lots Clean Bathrooms with Handicap Access

22 22 Deal Seekers (Seg2) – Interested in money saving 1) How likely are you to go to this movie theater based on this information? 1 2 3 4 5 6 7 8 9 Sorted by Total Sample : Highlighted >+9 winners & <-9 losers Total Sample Seg1 of 3 Deal Seekers Seg3 of 3 Base Size5021227 Constant3944465 Free Ticket Tuesdays with Membership Card 17152018 Large Parking Lot with enough spots for everyone -251614 Brand new HD theater with surround sound 1081210 Buy Tickets Online using our high-tech website 0-161213 Our clean contemporary bathrooms have wheelchair accessible stalls -3-1812-4 Buy 5 tickets, Get 1 Free 74108 Accepts Credit/Debit/Gift Cards -2-19722 Handicap Access throughout the building 2-10625 Isolated Smoking Sections -10-745 Choose from 1 of our 15 theaters screening your favorite films 13-825 Great party deals for groups -7-11-99 We have an easily accessible ATM -50-10-7 No cell phone reception within the theaters -8-6-10-8 Gluten free options available -50-121 Kid's Deals including popcorn, soda, and candy 418-1418 Multi-Cultural Movies with Subtitles -6-2-1721 Enjoy a glass of ice cold beer with warm popcorn 317-1828 Kosher Options for your family's needs -410-2214

23 23 Deal $eekers This segment values a good price. They like to hear about: -New technology -Ticket Deals -Free tickets -Large parking lots


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