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Math 110 Final Report – December 2011 Survey and Analysis for Movie Theaters. Project Team Shanice Bailey Sally Kim Andrew Nadler. Business Issue. An increased number of people viewing movies
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Math 110 Final Report – December 2011 Survey and Analysis for Movie Theaters Project Team Shanice Bailey Sally Kim Andrew Nadler
Business Issue An increased number of people viewing movies But….there are fewerconsumers going to the movie theaters, they are instead using other outlets (ex: Rentals, Online) How to help the movie theaters better advertise to attract customers to their business
About Addressable Minds • Addressable Minds is a scientific, actionable form of “predictive consumer intelligence” for business and social issues. • This patented science created by Dr. Howard Moskowitz ,has achieved critical acclaim and financial success across: • product design and development, • consumer messaging, • more effective consumer engagement physically and digitally.
Survey Overview • 51 Individuals responded • Assess two major aspects of messages • Does it convince a prospect to attend the movie theaters? • How does it make the prospect feel? • Data reveals the mind-sets of respondents across the United States, as well as ‘what works, what doesn’t’ 5
Each respondent evaluates 48 unique combinations of elements First on overall interest 7
Total Panel – Interested in Discounts and membership clubs but were not interested in transportation or crowd control 10
There are three unique segments Different Customers – Different Approach Laid Back Customers 33% Movie Fanatics 20% Value Seekers 47% Messaging for one isn’t necessary going to appeal to the other…and could actually hurt 11
The Total Panel’s Interest is Different From That in Each of Three Identified Segments of customers
Value Seekers (Segment One) Highly Interested In… Not so interested in… • Discounts and Specials • Location and other traveling concerns • Low Priced snacks and other concession perks • Crowd control and other safety services
Laid Back Customers (Segment Two) Not so interested in… Highly Interested In… • Friendly Workers • Food selections and concessions stand • Clean and comfortable environment • Transport options to and from movie theater
Movie Fanatics(Segment Three) Not so interested in… Highly Interested In… • Discounts and memberships for avid movie goers • Location and convenience of theater • Large variety of movies • Extra features the theaters offers
The Movie Theaters Segmentation Wizard- Online ExampleThe Segmentation Wizard is a short survey with the questions derived from the full survey to identify segment membership http://mjiweb.com/mjitt/QC_Fall2011_Movie1/index.htm
Conclusions Three Segments discovered by Addressable Minds point to the need for 3 individual messaging groups Positive Emotions can be uncovered and subsequently reinforced in the marketing elements Conclusion =>The results of our study could help movie theaters advertise and target different types of consumers, as well as potential audience as a whole. We recommend using top-rated messages for total panel to be included in general advertisement. When there’s an opportunity to define the type of potential movie-goer through segmentation wizard we suggest using top-rated messages from each of three identified segments
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