2. Table of Contents
Central Marketing Issue
Goals and Objectives
Marketing Strategy (4 P’s)
Product
Price
Place
Promotion
Target Market
Evaluation and Implementation
August 20, 20132
3. Central Marketing Issue
Blockbuster lost touch with their mission to
provide the accessibility to entertainment.
Technology and competition developed
therefore the delivery mechanisms of what
the target wanted changed. The failure to
innovate and take risks to compensate for
these problems resulted in the loss in brand
value.
August 20, 20133
4. Goals and Objectives
August 20, 20134
Change
consumer
perception
of what is
convenient
To adapt
to
consumer
needs
To increase
brand
value
Re-Emerge
as a leader
in the
industry
5. Marketing 4 P’s
This was the core of our
marketing strategy and the
force aimed at achieving our
objectives
August 20, 20135
Product
Price
Promotion
Place
6. 4 P’s: Product
Movie and Game rental service
Trial Areas
Movie and game previews inside store
Popcorn added to create movie atmosphere
We want to get consumers excited about
movies
Kids Section (Blockbusters Kids Card 10-17)
When child receives 10 stamps, they receive
one free movie/game rental
August 20, 20136
7. 4 P’s: Price
August 20, 20137
Redbox
• $1.20/day
DVD
• $1.50/day
Blu-Ray
• $2/day
Game
Amazon
• $3.99 /2
days
• $2.99/day
Netflix
• $7.99/month
Unlimited
Streaming
• $9.99/month
for unlimited
and one
rental/day
iTunes
• $3.99/day
Movie
• $4.99/day
HD Movie
8. 4 P’s: Price
August 20, 20138
High Cost
Low Cost
Low Quality High Quality
Netflix
Amazon
iTunes
Redbox
Blockbuster
9. 4 P’s: Price
August 20, 20139
Movie Rentals:
$3 for 3 days
Game Rentals:
$4 for 4 days
11. Levels of Blockbuster Cards
August 20, 201311
•Basic rental card
•Just needs to sign up
Blue
•Blue plus coupon codes
•Upgrade available after 100 BB points
Gold
•Gold plus receives the ability to rent
movies before others
•Upgrade available after 1,000 BB pointsPlatinum
•Platinum plus invitation to Blue Carpet
Events with VIP access
•Upgrade available after 10,000 BB pointsDiamond
12. Blue Carpet Events!
Movie and game
premieres
Celebrities,
directors, and
developers attend
Award ceremony
that would
highlight favorite
movie and games
voted by
Blockbuster
members
August 20, 201312
13. BB Points/Coupon Codes
Available to members who reached the
gold or higher Blockbuster level.
Coupons and point rewards include
Movie and game rental discounts
Free popcorn and soda
Buy 1, get 1 free
Double point coupons
August 20, 201313
14. Social Media
Facebook
Contests and interactive engagement
Twitter
#BlueCarpet
#BBCrew
YouTube
Movie previews
BB crew opinions
BB Blog
More opinions
Reviews (Employees and consumers)
August 20, 201314
15. 4 P’s: Place (Distribution)
August 20, 201315
Physical
•Stores in high
volume areas
(Ex: NYC)
•In store
physical
engagement
Digital
•Locate stores
online
•Rent/order
movies online
•Provide
movie
feedback
20. Executive Summary
CMI: Brand value problem
Goals and Objectives
Marketing Strategy (4 P’s)
Updated atmosphere at stores
Low priced rentals
Physical and digital rentals
Blue Carpet events and promotions
Target Market
Evaluation and Implementation
August 20, 201320