team widget. the world has had a tremendous technological advance with many high tech gadgets and...
TRANSCRIPT
HOME CINEMA
Team Widget
The world has had a tremendous technological advance with many high tech gadgets and innovative ideas in the movie industry. We have come along way from drive in theaters to cinema theaters, from vhs to dvds, and now in the age of online streaming. With companies such as Netflix, Hulu and Amazon bridging the gap from going to a local video rental stores to having the convenience of never leaving the comfort of your home to watch a movie online. Why not take it a step further and be able to stream brand new box office hits as they become available in the comfort of your home? Why not have your own personal theater like experience without having to hassle with the everyday obstacles of driving through the city? Home Cinema is the app that can make all these possibilities a reality.
Market Need
Technology is an integral part of everyday life in America
The app would appeal to people with busy lifestyle
Poll
Yes No Maybe0
20
40
60
80
100
120
140
160
180
Would You like a box-office movie app?
Initial Poll
Secondary Poll
My kids love to go to the movies and this way we can get out of the house.
You can't beat the theater experience.
College student "We like the social aspect of the movie theater experience".
Objections
Growth of online streaming
• 2003 5 million customers2007 10 million customers
• Online streaming starts 2007
• 2007-2011 25 million customers
Examples of Home Cinema being successful
Schedule conflictsBabysitter
Elderly people
Budget is tight
Inclement weather
Home Cinema in the comfort of your home
Potential of Success•Netflix revenue
• $682 Million in 2005• $3122 Million in 2011
•Blockbuster revenue
• $2400 Million in 2005• $970 Million in 2011
Cost of Development
•Initial $100,000
•Maintenance $20,000/year
•Microsoft App Builder
•Functionality and Design
How does a movie get to theater screens
•Movie is made by producers
•Film credits are sold to distributors
•Movie Theater buyers and movie distributers negotiate the terms of leasing agreements
•Movie theaters have showings for the movie
Dealing with Piracy
The Copyright Act of 1976
The Piracy and Counterfeiting Amendments Act of 1982
Digital Millennium act of 1998
Digital Rights Management System
Active IR tacking
front facing camera
Tracking people
Home Cinema vs Movie theaters
Home Cinema will charge $8 per viewer per movie
Movie theaters Home Cinema
Average cost per person
$20 $12
Average cost for a family of four
$80 $48
Payment
Advertising
TARGET AUDIENCEIntroducing
Cable/Television Ads focused primarily to specific small town neighborhoods
Families with small kids younger than 4 years old
Senior citizens that have debilitated health
General Population
TELEVISION COMMERCIALS
COMMERCIAL ADS
Commercials allow so much room for creativity and coverage.This is one of our forms of advertising to supplement our other advertisements.BROADCASTING AND CABLE WILL BE FOCUSED FOR OUR TV COMMERCIALS. The following charts shows that the targetAudiences of 18-49 years of age watch broadcast TV for more than any cable network.
TV COMMERCIALS
http://tvbythenumbers.com/2010/10/05/tv-ra...lts-18-49/66655
INTERNET/GOOGLE AD WORD/MOVIE
BANNER ADS
Internet and apps through AdRoll.com
STRATEGIES
EXECUTIONS
TIME ROLL OUT= 2014-2015
PREDICTED
OUTCOME=SUCCESS
TEAMWIDGET
MIC
RO
SO
FT
Implementation
ADVERTISING SUCCESS
TELEVISION COMMERCIALS
INTERNET ADVERTISEMENTS THROUGH ADROLL and GOOGLE ADWORDS CAMPAIGNS
EVALUATION
Conclusion
TEAM WIDGET