jacob helbling cody greenwood. brand attributes convenient. the redbox network extends nationwide...
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Brand Attributes
• Convenient. The redbox network extends nationwide with more than 27,800 locations. Redbox kiosks are located where consumers already shop - leading grocery stores, mass merchant retailers, drugstores, restaurants and convenience stores nationwide.
• Easy. Redbox's convenient rent-and-return anywhere® policy and simple touch screen rental process makes movie and game renting easy.
• Affordable. Top new release movies are available to rent at an affordable price (for as low as a buck for DVDs). Video games are available to rent for as low as $2 a day.
Fun. Redbox features the latest release movies and games, with a selection of the most popular titles and family favorites.
Location Finder
- Redbox has more than 27,800 locations nationwide and a presence in every state.
- Redbox kiosks can be found at popular national landmarks from the Empire State Building in New York City to the Willis Tower in Chicago.
- To find the closest redbox, simply text 'FIND' to 727272 or download the free redbox app for iPhone® or Android™.
- Up to 2 messages a week. Message & data rates may apply. Text STOP to quit, HELP for help. Only available on participating carriers.
Similarities Between Redbox and Competitors
Offer a free trial Strive for customer Convenience Online ordering (Redbox coming soon) Mobile application Video games Online streaming
Redbox Advantages
Young, Innovative, Fun
$1 per rental and $0.99 late fee
Big Red Kiosk
Easy to use
No need to setup an Account
No Human Interaction
Rent & Return at any location
Large Number of Kiosks
Promotions and free trials
Online Presence
- Website http://www.redbox.com/
- Facebook- Twitter- Mobile - Redblog- The company will have a digital distribution offering later this year in partnership with more than one parties. Even with the new digital distribution in place, option is still on the table to have a combined streaming as well as retail DVD rental kiosks.
Competitor Analysis
Redbox. 19% of Rental Market
Stores (Blockbuster) 45%
Netflix and By-Mail Rentals 36%
Local Libraries – 2.1 million rentals
Redbox Customers Want Easy Entertainment Movie enthusiasts Tech Savvy Looking for deals Moderately brand loyal
Consumer Base
• Demographics: 49% Female and 51% Male Customers Ages 18 - 34 and 35 - 49 76% Caucasian 55% have kids All income levels 44% in College
[ http://www.quantcast.com/redbox.com]
Brand PositioningRedbox has successfully Positioned itself by:
• Flooding the movie rental market with Kiosks– Taking business away from other movie rental retailers by ways of low
price and ease of use• Promotions
– Movie Mondays – First rental is free– Facebook promotion codes – Redbox Blog membership rental codes – Birthdays
Brand Positioning• Low cost movie rentals
– $1 at a Redbox Kiosk vs. $4.99 at a rental store such as Blockbuster
• Convenient Location– 27,800 kiosks across the U.S.– Convenience Stores, Grocery Stores, McDonalds
• Caters to the Impulse– Easy to rent– Everyone likes to rent and watch movies– Big Red kiosk is hard to miss
Appendix– http://4.bp.blogspot.com/-UxYFEzEjopE/TjwsuWqot_I/AAAAAAAAX7U/GdjvYgvQtgM/s1600/redbox-infog.jpg
- http://www.nytimes.com/2009/09/07/business/media/07redbox.html– http://4.bp.blogspot.com/-UxYFEzEjopE/TjwsuWqot_I/AAAAAAAAX7U/GdjvYgvQtgM/s1600/redbox-infog.jpg- http://www.washingtonpost.com/wp-dyn/content/article/2007/04/27/AR2007042702
295.html?nav=emailpage- http://www.quantcast.com/redbox.com- http://www.redbox.com/- http://solsie.com/2011/02/redbox-is-contemplating-digital-distribution/- http://www.gizmodo.com.au/2010/08/public-libraries-beating-netflix-redbox-blockbust
er-in-dvd-rentals/