The cinema industry in Singapore : a market segmentation exercise

The objective of this study is to find out the present tactics employed by cinema chains in Singapore to target at the cinema audience. Literature research carried out pointed out the usefulness of benefit segmentation as a basis of segmenting a market and in providing a deeper understanding of a ma...

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Bibliographic Details
Main Authors: Juan, Hee Meen, Tan, Winnie Bee Hong, Tan, Siew Yan
Other Authors: Toh Thian Ser
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64048
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author Juan, Hee Meen
Tan, Winnie Bee Hong
Tan, Siew Yan
author2 Toh Thian Ser
author_facet Toh Thian Ser
Juan, Hee Meen
Tan, Winnie Bee Hong
Tan, Siew Yan
author_sort Juan, Hee Meen
collection NTU
description The objective of this study is to find out the present tactics employed by cinema chains in Singapore to target at the cinema audience. Literature research carried out pointed out the usefulness of benefit segmentation as a basis of segmenting a market and in providing a deeper understanding of a market. A benefit segmentation usirig the forwards approach was performed with data obtained via primary research through a survey conducted by personal interview with the cinema audience. By performing cluster analysis, three clusters were obtained - the "cultured vultures" who prefer artistically-acclaimed shows; the "experiencers" who want convenience , comfort , feeling of luxury , good sound and visual effects and so on, that is, the ultimate enjoyment; the "socializers" who watch movies mainly to be with their friends. Each segment's market size is as follows : segment one has a size of 467,400, segment two has a size of 819,900 and segment three has a size of 225,200. It was recommended that cinema chains should manipulate the 4Ps to design a package to cater to each segment.
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spelling ntu-10356/640482023-05-19T03:30:04Z The cinema industry in Singapore : a market segmentation exercise Juan, Hee Meen Tan, Winnie Bee Hong Tan, Siew Yan Toh Thian Ser Nanyang Business School DRNTU::Business::Marketing::Market segmentation The objective of this study is to find out the present tactics employed by cinema chains in Singapore to target at the cinema audience. Literature research carried out pointed out the usefulness of benefit segmentation as a basis of segmenting a market and in providing a deeper understanding of a market. A benefit segmentation usirig the forwards approach was performed with data obtained via primary research through a survey conducted by personal interview with the cinema audience. By performing cluster analysis, three clusters were obtained - the "cultured vultures" who prefer artistically-acclaimed shows; the "experiencers" who want convenience , comfort , feeling of luxury , good sound and visual effects and so on, that is, the ultimate enjoyment; the "socializers" who watch movies mainly to be with their friends. Each segment's market size is as follows : segment one has a size of 467,400, segment two has a size of 819,900 and segment three has a size of 225,200. It was recommended that cinema chains should manipulate the 4Ps to design a package to cater to each segment. BUSINESS 2015-05-22T04:59:14Z 2015-05-22T04:59:14Z 1994 Final Year Project (FYP) http://hdl.handle.net/10356/64048 en Nanyang Technological University 97 p. application/pdf
spellingShingle DRNTU::Business::Marketing::Market segmentation
Juan, Hee Meen
Tan, Winnie Bee Hong
Tan, Siew Yan
The cinema industry in Singapore : a market segmentation exercise
title The cinema industry in Singapore : a market segmentation exercise
title_full The cinema industry in Singapore : a market segmentation exercise
title_fullStr The cinema industry in Singapore : a market segmentation exercise
title_full_unstemmed The cinema industry in Singapore : a market segmentation exercise
title_short The cinema industry in Singapore : a market segmentation exercise
title_sort cinema industry in singapore a market segmentation exercise
topic DRNTU::Business::Marketing::Market segmentation
url http://hdl.handle.net/10356/64048
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