Guideline Market Research - 85 Consumers Prefer Small Screen For Movies
A recent national market research by Guideline, Inc. one of the nation's largest providers of Market Research Expert Consulting and International Research shows that, 85 percent of consumers typically watch movies at home on the small screen. Even when it's a movie they want to see, 49 percent of respondents said they usually wait to purchase or rent the DVD.
To better understand consumers' perceptions and preferences related to movies, we conducted an exclusive survey among 1,000 consumers. Furthermore, to ensure the survey addressed all the current issues facing the movie industry, Guideline worked with members of the Promotional Marketing Association's (PMA) Entertainment Advisory Board, which represents all of the major studios in Hollywood, CA companies, to help craft the survey.
"Guideline's study affirms that DVD spending and consumption remain strong with more people enjoying movies from the comfort of their homes than in the movie theater," said Frank Dudley, Guideline's Vice President of Marketing. "However, despite the many movie-viewing options available, a quarter of consumers still prefer the big screen."
According to Guideline's survey research men are more likely (28 percent) to go to the cinema to see the movie before it comes out on DVD, and women are more likely (31 percent) to wait for the movie to be released on DVD so they can rent it. Gender aside, 22 percent usually go to see the movie on the big screen first.
There are several reasons why these movie fans prefer to see their flicks in the theater. Most of the survey respondents (46 percent) just simply like seeing movies on the big screen. Another 46 percent of respondents, particularly younger moviegoers, share the opinion that it's a fun activity. Also, the survey found that consumers like to see the movie as it was meant to be seen, eating popcorn and watching the movie without any interruption.
Because a movie's box-office gross revenues decline about 50 percent each week following its release, there has been much debate about simultaneous and accelerated releases to DVD. However, market trends indicated that 56 percent said releasing the DVD shortly after a movie comes out has no effect on their motivation to buy or rent the movie. And, another 20 percent say that they think it must be a bad movie and are less motivated to buy or rent it.
Regardless of when the DVD is released, sales continue to grow. According to the 2005-2009 Communications Industry Forecast on The DVD Market, DVD spending grew 33 percent to $21.29 billion in 2004 and DVD rental sales grew 39.2 percent to $5.73 billion in 2004.
Regarding DVD purchases, the survey revealed that DVD owners fall into one of two categories -- casual buyers and collectors. Market analysis show that, approximately 49 percent of consumers consider themselves to be casual buyers of movies and almost one-fourth (24 percent) of the consumers surveyed consider themselves collectors. Most consumers (68 percent) say they purchase a movie if it's one they really want to see. Others (52 percent) are motivated by price. And, 20 percent are influenced to buy because of the special features found on a DVD.
She is a market analysis executive working for Guideline, Inc. For further information about this market research or other strategic planning supports log on to Source: http://ezinearticles.com/
'Mr Ten Percent' is the new Pakistani president - Sydney Morning Herald
Sydney Morning Herald 'Mr Ten Percent ' is the new Pakistani president Sydney Morning Herald, Australia - Photo: AP Pakistan's new president Asif Ali Zardari was once so tainted by corruption allegations that he acquired the nickname "Mr Ten Percent " among his ...Yen Rises Versus Dollar For Third Week as US Job Losses Mount - Bloomberg
Turkish Press Yen Rises Versus Dollar For Third Week as US Job Losses Mount Bloomberg - The yen increased against all of the major currencies this week, rising 1 percent to 107.73 per dollar, from 108.80 on Aug. 29. It reached 105.55 yesterday, ... Asian currencies lower against dollar Yen Posts Weekly Gains on US Job Losses, Global Economic View Dollar Falls Against Yen as US Employers Cut Jobs in August -