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SPINELLI CINEMAS: Plymouth Theatre

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Movie theater market has been decreasing slightly over the years ... In-theater banners, posters, cardboard cutouts. YEARLY FINANCES ... – PowerPoint PPT presentation

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Title: SPINELLI CINEMAS: Plymouth Theatre


1
SPINELLI CINEMASPlymouth Theatre
  • Marketing Plan created by Justin LItalien

2
COMPANY ANALYSIS
  • Locally owned and operated, Spinelli Cinemas was
    founded in 1987 as a subsidiary of Spinelli
    Companies. Since then it has expanded from one
    location (Strand Theater in Dover New Hampshire)
    to locations in Barrington, Dover, Plymouth and
    Rochester, New Hampshire
  • Spinelli Cinemas is committed to offering
    moviegoers high quality presentation, in a clean
    and friendly environment
  • Taken from www.spinellicinemas.com/companyinfo.h
    tml

3
SWOT ANALYSIS
  • Strengths
  • Antique atmosphere, unique experience
  • Great location, middle of college town
  • Competition is thirty minutes away in each
    direction
  • Efficient advertising efforts with limited
    resources
  • Weaknesses
  • Limited amount of movie prints available
  • Very small marketing budget
  • Booking agent works for other companies
  • Not very big, only two theater rooms

4
SWOT ANALYSIS
  • Opportunities
  • Collaboration with college organizations
  • Cross promotions with local businesses
  • Informative fliers around surrounding towns
  • In theater giveaways
  • Threats
  • Customer disturbances
  • Online movie downloading
  • Transition to digital movies (newer technologies)
  • Competition

5
MARKET ANALYSIS
  • Young adults and families make up their target
    market
  • Different films bring in different crowds
  • Good mix between males/females
  • Always a need for enjoying a film on a big screen
    with comfortable seating
  • Movie theater market has been decreasing slightly
    over the years
  • Seasonal business, very strong sales during
    summer and holidays

6
MARKET STRATEGIES
  • Two major marketing objectives
  • Specified target marketing
  • Giving back to local community
  • Product sells itself, people enjoy new films in
    comfortable environment
  • Uses mostly older marketing strategies
  • Newspaper advertisements
  • Radio giveaways
  • Phone recordings
  • Renovated website
  • Relies on strong word of mouth

7
MARKETING MIX
  • Product
  • High quality movie experience
  • Concessions to enjoy during films
  • Price
  • 8 per adult, 6 per child, 6 per senior
  • Concessions range from 2.75 - 6.25
  • Place
  • Booking agent gives limited prints to Spinelli
  • Distributed among four theaters
  • Promotion
  • Radio giveaways
  • In-theater banners, posters, cardboard cutouts

8
YEARLY FINANCES
  • Benchmark of 550 customers a week
  • Totals 28,000 customers a year
  • 2006 totals fell short (roughly 27,000 customers)
    of benchmark.
  • Theater typically brings in 175,000 in ticket
    sales and 100,000 in concessions each year
  • Yearly profit stands around 60,000

9
Recommendations
  • Take advantage of new college students each year
    by marketing to them consistently
  • Consider college discount by reducing pricing
    for college students to 6. Higher volume of
    people would result in increased profits
  • Increase marketing budget by an additional 2

10
Recommendations
  • Become more involved with local community
    activities. Offer the theaters facility to local
    fundraisers, community parties, etc. Great PR and
    brand recognition will follow
  • Look into hiring a different booking agent
  • Prepare for future technologies by investing time
    into research. Digital movies are on the rise,
    dont be caught off guard

11
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