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Finshots Daily

Subscribe to PVR Inox?!

Oct 23, 2023
05:37
Snipd AI
Discussion on PVR INOX's experimental marketing strategy, including food and beverage prices and the introduction of PVR INOX's passport. Analyzing the potential profitability of PVR INOX's movie ticket subscription model with cheaper tickets, increased occupancy levels, and higher spending per customer.
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Podcast summary created with Snipd AI

Quick takeaways

  • PVR INOX has introduced special deals and subscription plans to increase occupancy levels on weekdays and drive revenue through increased ticket sales and food and beverage spend per head.
  • PVR INOX's marketing strategies, such as special deals and subscription plans, can attract more customers on weekdays and fill up empty seats without incurring additional costs, leading to an increase in occupancy levels and overall revenue for the cinema chain.

Deep dives

PVR INOC's experimental marketing strategy

PVR INOC's, a cinema chain, has introduced several marketing strategies to attract more customers. They have launched special deals on weekdays, such as unlimited refills on popcorn and beverage deals, as well as cheaper food combos. They have also introduced a monthly movie subscription called PVR INOC's passport, where customers pay a fixed amount and can watch up to 10 movies a month from Monday to Thursday. These plans aim to increase occupancy levels on weekdays, which are typically low, and drive revenue through increased ticket sales and food and beverage spend per head.

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