Before the pandemic, the
movie theatres can a business model. $7-10 popcorn, $6 sodas or drinks and $5
candy.
But what happens, when
the theatres reopen?
Will there be movie theatre concessions?
Popcorn or no popcorn, with Corona Virus?
This is a tough one.
The
movie theatres when they reopen, what happens to the concessions?
There’s money in concessions. It’s been reported that movie theatre concessions
account for about 20% percent of gross
revenues, but 40% of movie theatre’s profits.
People will be separated
by a few seats.
You can’t wear a mask and
eat.
And between the movies it’s
going to take some time to clean up. Adding time to wipe-down the seats and
more between showings.
The dilemma: Do the
theatres not sell concessions or do people not wear their masks, watching the
movies. Probably since it's part of their business model, but with the movie window closing for the theatres, they are in a tough position and they need to make money to stay open.
Need a deeper intuitive understanding into "real" Marketing?
As a brand manager, entrepreneur, business owner or advertising agency professional, do you need deeper intuitive understandings into business activities, Marketing and advertising?
Visit here for plenty of observations and insights into "real" Marketing.
I created the 9P's. It's a Marketing framework; it includes multiple strategies and tactics including targeting or "People," planning, product and services, promotion, pricing, partnership actions, "Place," "Passion" and "Presentation." Plus true, researched marketing insights, understandings and fun, insightful, advertising trivia.
For the past 48 years, I have been a Marketing professional, a certified, credentialed Forensic Litigation consultant (CFLC), a Marketing and Advertising consultant with Londre Marketing Consultants, LLC plus I teach and give seminars on Strategic Marketing, the nine P's of Marketing, Branding, Super Bowl spots, Global Marketing, Promotion and Advertising.
Let's start with planning, research, one of the nine P's and also with targeting, "People," one of the other nine elements or components:
Specifically you will find them detailed at 9P’s/Nine P’s.
Or for more fun, marketing strategies/tactics and facts: Go to Marketing Trivia with 40+ stimulating questions and answers at Londre Marketing Consultants, LLC.
Need a deeper intuitive understanding into "real" Marketing?
As a brand manager, entrepreneur, business owner or advertising agency professional, do you need deeper intuitive understandings into business activities, Marketing and advertising?
Visit here for plenty of observations and insights into "real" Marketing.
I created the 9P's. It's a Marketing framework; it includes multiple strategies and tactics including targeting or "People," planning, product and services, promotion, pricing, partnership actions, "Place," "Passion" and "Presentation." Plus true, researched marketing insights, understandings and fun, insightful, advertising trivia.
For the past 48 years, I have been a Marketing professional, a certified, credentialed Forensic Litigation consultant (CFLC), a Marketing and Advertising consultant with Londre Marketing Consultants, LLC plus I teach and give seminars on Strategic Marketing, the nine P's of Marketing, Branding, Super Bowl spots, Global Marketing, Promotion and Advertising.
Let's start with planning, research, one of the nine P's and also with targeting, "People," one of the other nine elements or components:
- Planning or Simply Marketing Planning:
- Planning starts with research and researching. Simple or complex observations.
- This element of planning in the nine P's is a method for achieving an end, and, looking at the eight other parts; your insights can start a detailed formulation of a program or plan of action. I like using a phrase from Ben Franklin; he supposedly said "Failure to plan is planning to fail."
- People
- This is targeting or "People;" it has almost always been left out of the traditional "Marketing Mix," almost every diagram includes the four P's with Product, Promotion, Place and Price. No "People."
- Demographics (such as age, family size, family life cycle, gender, income, occupation, education, religion, race, culture, generation, nationality, and social class).
- Geographics
- Psychographics (buyers are on basis of psychological/personality traits, lifecycle, values)
- Behavioral characteristics (needs and benefits, decision roles, user and usage-related variables, occasions, user status, usage rate buyer-readiness stage, loyalty status, attitude and multiple bases) and
- Technographics (potential buyers may or may not have the software and computer skills.
- Think employees here too, which may be a vital component or components of the 9P's of Marketing.
- Product and Services:
- Place (Distribution):
- Price or Pricing:
- Promotion:
- I teach and consult that there are eight (8) major, strategic components or communication elements which are personal and non-personal communication activities, under "Promotion." .
- Personal Selling/ Sales Force: Sales persons. Your sales force.
- Advertising is paid media.
- Sales Promotion
- Collateral Materials
- Direct Marketing (also referred to as Action or Direct Response Advertising)
- Interactive/Internet/Web, Digital Media, Social Media:
- Events and Experiences
- Public Relations/PR
- Partners:
- Presentation:
- Passion:
Specifically you will find them detailed at 9P’s/Nine P’s.
Or for more fun, marketing strategies/tactics and facts: Go to Marketing Trivia with 40+ stimulating questions and answers at Londre Marketing Consultants, LLC.