More on Mark Cuban’s movie challenge
Thanks for visiting this blog for the first time. Check out the home page for the most recent posts, or the archives if you're looking for something in particular. Here are some of our favorite posts, which you might enjoy:
- The Moleskine GTD tabs hack
- No choice but to get things done (on retro computing)
- How to subscribe to toilet paper
If you like what you see, we hope you'll consider subscribing to the RSS feed.
Discounting in any of multiple incarnations wont do the trick. True, price is always an issue, but the true aggregate costs of getting the sitter, gas, ticket, popcorn, parking, etc arent impacted enough with ticket and/or concession discounts to make people say they want to go see a movie they otherwise didnt want to see. This has been shown time and time again as matinees , coupon books, frequent buyer programs, and multiple ticket package coupon books are important, but not primary drivers of getting people out of the house. These are what I call blocking and tackling promotions. EVERY theater has to do them and do them well, and most do.
I’m not sure he’s right. For one thing, the coupon books, points, and other schemes are too complicated. Not charging admission at the door, as I propose, is simple. Second, he does have a point that there are other costs to going to a movie than just the price of admission. However, I think that the ticket price is the highest single component of the cost. Getting a sitter might be higher, but I don’t think the demographic he’s trying to reach requires sitters. In the same post today he outlines his (I think brilliant) plans for two new types of theatre chains. One to show only children’s movies and stocked with movie-related merchandise for sale, the other geared at 16- to 25-year-olds. Free tickets, I think, would do the trick we these groups.




Comments are closed for this entry.