Hydra Multiplex, Inc. Shannon wright Cody Albright Russell Coughlin

Slides:



Advertisements
Similar presentations
MARKETING THE INDUSTRY SEGMENTS
Advertisements

Four Segments of Hospitality and Tourism
Acquire foundational knowledge of marketing-information management to understand its nature and scope Marketing Indicator 1.05.
Module 3 Market segmentation Dr. Mohamed Zamil AL-Akhtaby.
Restaurant Business & Marketing Plans Pertemuan: 3
TARGET MARKET AND MARKET SEGMENTATION
Spice Advertising Inc..
CHAPTER 2 – STRATEGY PLANNING
Presented By: EPP Solutions (PaCE 2). The idea The 4 P’s SWOT analysis Financial projections Future plans Conclusion Executive Summary DWTS 4P’s SWOT.
We put your business in front of a targeted audience!
Marketing and corporate strategies
Creating Products for Consumers in Global Markets.
The REAL IMAX Theatre Presented By: Ryan Biggs Mike Crisafulli Mike Crisafulli Wayne Scharnhorst Wayne Scharnhorst Linsay Duty Linsay Duty.
Understanding the Global Marketing Environment
Identify and Meet a Market Need
So you want to be a farmers’ market vendor?. Benefits of Farmers’ Markets Incubator and testing ground: “test the waters” to see how popular products.
Chapter 4 Restaurant Business & Marketing Plans
 My marketing challenge was to make Aksarben Cinema the #1 movie theatre in Omaha.  To make others aware of the live and streamed events that we show.
Unit 4.2 –Marketing Planning
Introduction to Marketing. Marketing: the 5Ps The on-going process of planning and executing the: (1) the product (2) the pricing (3) the promotion (4)
A one-of-a-kind karaoke bar located on the Main Line
U.S. BOWLING ALLEY PRICING STRATEGY Michael Friedman Marty Griffith Sarah Lackritz Pierce Reeves STRT 624- Strategic Pricing December 15, 2010.
Executive Team Ricky Cassidy CEO Michael Howard CFO Edward Dabney COO Joseph McElfresh CFO.
Marketing Finial Examination: Take Home Final Exam. Student name: John William Service Unite: Department of Biomedical Engineering of Yuanpei University.
For use only with Duncan texts. © 2005 McGraw-Hill Companies, Inc. McGraw-Hill/Irwin IMC Planning.
ONLINE SERVICES. ONLINE DATING SERVICES  Online dating services or Internet dating is a dating system which allows individuals, couples and groups to.
 Spot light Outdoor Cinema is a New York based company founded in It operated the first big screen outdoor movie theater in Babylon New York, Long.
Marketing Decisions for. Market Segmentation Geographic Demographic Psychographic Behavioral.
Fundamentals of Marketing Chapter 1, Section 3. 10/9/2015Page 2 Critical Thinking… Take 2-3 minutes to reflect on one recent marketing trend you have.
1.3 Fundamentals of Marketing MARKETING MR. PAVONE.
La Madre Delivering the Mediterranean Experience to Bakersfield Katie Bracker, Jamie DeQuillettes Kevin Duffy, Jared Grant Curtis Jensen, Jeff Studtman.
SPONSORSHIP We are a not-for-profit organization dedicated to advancing and celebrating the art of documentary. Our vision is to provide the highest.
© Copyright 2011 by the National Restaurant Association Educational Foundation (NRAEF) and published by Pearson Education, Inc. All rights reserved. Chapter.
Make a list Name as many specific brands Gym Shoes Soda Fast Food Restaurants Cars Candy.
4.1 Event Marketing Marketing The Event 4.1 The Event.
Background Mission : To offer to consumer a pre-made beverage that is fun, and save them time, at a reasonable price.
Market Segmentation.  What is target marketing and what has caused sports businesses to increase this marketing tactic?  In what ways do sport.
Isabella Canuso Matt Santoriello Ryan Stoll Eric Treffeisen Henry Walker.
 Definition of productproduct  Product is a tangible good, an intangible service, or an idea. This is the "output" of any production process. The product.
SWOT Social Media Analysis Manuel Pozas Katherine Jackson Daniela Monnott Christopher Pendas.
CUSTOMER DRIVEN MARKETING STRATEGY: CREATING VALUE FOR TARGET CUSTOMERS.
Vend-Inc. Need an item, We provide them Business Plan 2015 Nallely Perez, Ricardo Miranda, Carina Martinez, Salma Izquierdo, and Arnold Topete.
Strategic Planning and the Marketing Process Strategic Planning: The process of developing and maintaining a startegic fit between the organisation’s.
Owners: John Graham, Andrew Moore,Romie Powell, & Zack Walton To the residents of Harrisonburg and all locals for Rockingham County.
Peter Deckers Rhahjni Reid Grade & Opportunity New Age Gaming provides the opportunity for hesitant gamers who would like to fully preview.
FiXt bikes jenny yu | jessica churchill | nathan dixon | nicole rossi adv 123 | eckstone | october 18, 2010.
Chapter 15 Restaurant Business and Marketing Plans.
The Food Truck. Mission Statement  To provide customers a unique experience to ordering food at a convenient area with the affordability to everyone.
Chapter 1.3 Fundamentals of Marketing. Market and Market Identification All products do not appeal to all customers. When making new products, marketers.
Chapter 7 Event Marketing
MARKETING PLAN GROUP 8 Submitted By:- Kumar Shivam Madhulika Singh Ravi Raj Sakshi Singh Santanu Bhukta Tarveenjeet Singh Ghuman.
Marketing The Event 4.1 The Event. Standard Four Students will assess the importance of event marketing and entertainment in sports. Students will assess.
Basic Marketing Concepts. Marketing Concept -to make a profit a business must focus all of its efforts on satisfying the needs and wants of its customers.
Principles of Marketing Lecture-8. Summary of Lecture-7.
+ Shoppers Stop “Start Something New” Jessica Young Emalisa Carvalho.
(:Coffe on Field:). TASK AS PRESENTED Prepare a business plan with maximum start up capital of Rs. 10 crores.
Presented on: Business plan for Coffee Shop Presented by: Group no: 5 Name Roll no Rajgor mohnish 27 Patel sandip 24.
Garrett Mehling, Brenda Renderos & Shelbi Hood
JassyEvents An event to remember!
Marlee Plummer Kayla Tyzio
Unit 1: Reviewing Marketing Basics
Paintball Facility Business Plan
11BST 1.4 Marketing.
Marketing Concept Identify your customers Knowing your customer
Marketing The Event 4.1 The Event.
Project Based Learning: Restaurant Design
Basic Marketing Concepts
Marketing The Event 4.1 The Event.
Marketing The Event 4.1 The Event.
Presentation transcript:

Hydra Multiplex, Inc. Shannon wright Cody Albright Russell Coughlin Kevin Castner Andrea Martinez Brett Schultz

Executive Summary Bland movie theater experience? “The Answer” = Hydra Multiplexes. We strive to meet the needs of customers. Customized to individual needs. Wide range of age appeal.

Description of Service Tailored service to our specific target markets. Three themed film rooms (High roller’s room, Party room, and Chill room). Service designed for couples or individuals interested in dating, as well as those looking for a superior movie going experience. Movie theater and restaurant services are combined for a one of a kind experience.

Marketing Strategy Three target markets 5 star restaurant High roller room Party room Chill room 5 star restaurant Consumer positioning Financing

Target Market Profile #1 Married couples – 45 years of age and older Both spouses income: $50,000 or more Children 8 years of age or older Spend money on entertainment regularly Own nice vehicles Lexus Mercedes Homeowners

Target Market Profile #2 Young professionals – 28 to 42 years of age Income of $40,000 to $70,000 Single or divorced, but in the dating scene One or two children Willing to spend money on a nice date Own decent vehicles Ford Chevrolet Own/rent a house

Target Market Profile #3 Recent college graduates – 22 to 25 years of age Income of $25,000 to $40,000 with entry-level position Typically single Searching for cost-effective venue for entertainment Live at home to save money or rent an apartment

High Roller Room Targeted towards profile #1: married couples. Seeking “date night”. High quality leather chairs with heating / cooling features. All facing one movie screen. Digital surround sound system.

Chill Room Targeted towards profile #2: young professionals Searching for entertainment venues for date night Regular style movie seating, but less rows Comfy chairs with provided cup holders. Ample leg room. One movie screen with digital surround sound

Party Room Targeted towards profile #3: recent college graduates. Looking for cost-effective entertainment and adult beverages. Bean bag chairs evenly scattered across room. Lights do not completely dim when movie is playing. Laid back environment.

5 Star Restaurant Open to all customers of the venue Fine-dining choices, including steak, seafood, chicken, and more Brightly lit for engaging atmosphere. Top quality host, waiters, and waitresses Fully-stocked bar with bar seating available

Consumer Positioning Positive brand image Meets needs and wants of consumers Variety of rooms allow us to provide better experience Offer prices that fit everyone’s budget Top quality customer service

Financing 2-in-1 service = double the start-up cost Fixed Costs: Building Lease, employee wages, traditional and digital media advertisement, electricity and gas payment, etc. Variable Costs: Projectors, movie screens, décor, concession stand area, furniture, kitchen appliances, etc.

Seven P’s Product Price Upscale movie experience combined with excellent 5 star food. Hydra Multiplex is unique and innovative. Price Higher price point in comparison to normal movie experience.

Seven P’s Place Promotion Highly populated. Urban. Major Cities (Chicago, L.A.). Promotion Billboards located near theatre. Magazines. Collaborations with other business. Social media.

Seven P’s People Process Extensive interviewing. Employees focused on customer satisfaction. Prior experience. Process What movie to see. Type of room. Food / Bundle package. We want our processes to be streamlined and exciting to our consumers. Every guest leaves happy (complaint handling).

Seven P’s Environment Upscale. Comfortable (recliners, love seats, bar). Up to date technology (Screens, Sound). 5 star food.

Service Blueprint of Hydra Multiplexes Inc.

Service Blueprint of Hydra Multiplexes Inc. (Continued)

SWOT Analysis Strengths Mass appeal to multiple demographic segments. Superior customer service. More food and beverage options when compared to other movie theaters. Customizable guest experiences.

SWOT Analysis Weaknesses High costs to the firm, both initial as well as long term. Luxury Items. Upkeep / attention to detail. Misc. expenses. Increased risk due to complexity of services. Limited number of locations. Increased need of quality employees. Unforeseen costs.

SWOT Analysis Opportunities Package deals for large groups. Promotional opportunities with other businesses. Hosting events for organizations. Exclusive movie premieres.

SWOT Analysis Threats Government Regulation. Tax increases on certain items. Permits renewals. Competing movie theaters and restaurants. Technological advances. Legal liability issues.

***Must be 21 or older to drink*** Advertisement   GRAND OPENING!!! Friday, December 27th Hydra Multiplexes Inc. “Movies with class” Featuring: Three themed rooms for your taste in the movie going experience High Rollers room Party Room Chill Room 5-star Restaurant   Featured movie: Anchorman 2 Movie times: 4p.m. 7p.m. 10p.m. Best Customer Service in the area! 2334 Main St. Chicago, IL ***Must be 21 or older to drink***

Conclusion Why will our service be successful?

Questions for you Have you ever a superior movie going experience? What made it special? Would you have interest in going to a “premium movie theater”? Why or why not? Given an increase in being able to watch movies at home, do you find yourself seeking a better movie going experience? What factors are important to you when picking a movie theater?

Questions for us We welcome and encourage any feedback or questions you may have. Please, ask us! We are here to serve YOU in the best way possible.