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ENTERTAINMENT SECTOR
PRESENTED BY: ALI ASGHAR MANISH SALVI SAPAN KHATRI SAURABH PATEL
DEFINITION
Companies that provide, operate, or engage in
amusements and attractions, entertainment exhibitions, ticket sales and also those involved in providing entertainment through radio, television, films and theatre.
LIVE ENTERTAINTME NT
ENTERTAINMENT INDUSTRY
ELECTRONIC ENTERTAINMEN T
PRINT MEDIA 11% TELEVISION 11% ADVERTISING INDUSTRY 14% FILM INDUSTRY 14%
RADIO 25%
CORPORATE 5%
TELEVISION
80 million pay for television homes 450 television channels Average monthly expenditure Rs. 175
RADIO
350 radio stations
MUSIC
10,000 music tracks released annually.
350 300
No of channels
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
New launches & delivery mechanisms lead to exponential growth in number of channels
Source : TAM
2006
level Regional channels dominate in TN, AP, Karnataka, Kerala, WB , Maharashtra News, Hindi movie , music genres dominated by Indian channels In sports, new entrant Neo Sports takes on ESPN, Star Sports, Ten Sports.
REALITY SHOW
It is helping telecom industry. On an average, about 14 million cell phone text messages per episode. At Rs.5 per SMS, it adds up to Rs.70 million per episode. Sony Entertainment Television has earned Rs. 200 crores, almost double the income of last year from KBC 5. Samsung Smart TV, Maruti, Pepsi, Just Dial, Hero MotoCorp and Axis Bank paid between Rs 16 and 18 crore for 60 seconds of commercials during each episode
ticket sales and the number of films produced annually, In 2009, India produced a total of 2961 films on celluloid, that include a staggering figure of 1288 feature films. Film industry primarily consists of art films and motion picture industry. Global film industry is major revenue grosser. India is a leading player in global film industry. Fourteen million Indians go to the movies on a daily basis and pay the equivalent to the average Indian's day's wages to see a film. In the 20th century, Indian cinema, along with the Hollywood and Chinese film industries, became a global enterprise. At the end of 2010 it was reported that in terms of annual film output, India ranks first, followed by Hollywood and China. Indian cinema found markets in over 90 countries where films from India are screened.
(Rs 28,305 crore) to the Indian economy and created nearly 1.8 million jobs in 2009-2010.
The sector has a total output of $20.4 billion (Rs 92,645 crore),
contributing more to the Gross Domestic Product (GDP) of India than the advertising industry.
Over the past few years the industry has experienced rapid
double-digit growth and it is expected that this trend will continue in future, resulting in increasing contribution to the Indian economy.
Cont
India's gaming industry is set to grow from Rs 4 billion in
2007 to a projected Rs 14 billion in 2011. With compound annual growth rate of 32 per cent. "Games like NBA, FIFA and Rally that used to dominate the Indian gaming industry till about two years ago are being swept aside by India-flavoured games. A poll released in May 2011 by market researcher GMI found that video game playing in India is higher than many other developing countries. About 30 percent of those polled in India said they spend half their leisure time playing games, compared with about 20 percent in Mexico and 24 percent in the United States.
Cont
SOCIAL NETWORKING
Social Media India Statistics 45 Million Indians On Social Media By 2012 30 million Indians who are online consumers are members of social networking sites. 20 million of these spend time on social networking sites daily. Indians spend more time on social media than they do checking personal email. Over the next six months 45,000 online Indians intend to join social networking sites each day. 1/4th of online Indians were able to recall brands using social media.
Cont
Nearly 40 million Indians are using online reviews to
inform purchase decisions. 67 percent of Indians who are on the web use online reviews to help them make purchases. 60 percent Indians who are social media users are open to being approached by brands. Now the big statistic -> Social Media in India is growing at 100 percent and is likely to touch 45 million users by 2012. Its clear that social media is going to be a growth driver for digital media and marketing in India.
Cont
Cont
PRINT MEDIA
Growth Rate Of Indian Print Media Industry
2004-2007: 13.3%.
2008: 7.5%
2009-2013: 5.7%
KEY PROBLEMS
Advertisements from realty, banking/finance, IT, durables
nosedived. Price of newsprint ( 50-60% of production cost) sky rocketed and touched 1000$ per quintal. Ads moving from news papers to online channels
PRODUCT
PRICE
PLACE
PROMOTION
PEOPLE
PROCESS
PHYSICAL EVIDENCE
PRODUCT MIX
Giving a Feel For The Product Inside a Service Wrapper .
Consumers are demanding not products, or features of products
service.
PRICE MIX
Premium pricing:- Use a high price where there is a uniqueness about the product or service. Such high prices are charge for luxuries Cheap-value pricing:- This approach is used where external factors such as increased competition force companies to provide 'value' products and services to retain sales
PLACE MIX
Online 24-hour advance reservation Systems. Home delivery of tickets Booking through mobile Ordering of DVDs Through DTH providers
PROMOTION MIX
Advertising Promos on channels, internet. Guest Appearance in reality shows and daily soup programs Publicity Media people, visit by casting crew to major city, performing in live shows in sporting events like IPL, World cup etc.
Sales promotion Frontline staff, Providing discount through various online partner like snap deal, book my show.
PEOPLE MIX
Caring Attitude Priority services
PROCESS MIX
Online Reservation. movie Information.
PHYSICAL EVIDENCE
oBooking offices or ticket counters.
oSeating Configuration.
oGood Inner-exteriors.
oAmbience.
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