Answer to Question #216212 in Management for Nuel

Question

What unique business model can movie theaters adopt? Think of unique pricing strategies, marketing strategies, etc.

Answer 1

A business model refers to the policy framework that given businesses use to make profits. Most theatres share the revenue raised with film distributors. Different films will have different deals but the best approach is to make sure half the ticket price goes to the distributor. Marketing strategies theatres can use posters and social media for advertising the type of film and time they will be playing it.