Our product combines the web sector with film and television to create a website that legally hosts niche market programs and lesser-known films available for 'catch-up' and renting.
It promotes the genres Supernatural/Paranormal, Sci-Fi, Mystery and Drama plus others through television programs such as
Grimm,
Doctor Who and
Supernatural which are on channels lesser known to a typical British audience. Doctor Who has been listed as a possibility as now that the past series have finished on BBC One, they have been bought by Watch which doesn't have the same type of 'catch up' services as the BBC.
Also available to the site, we will have films in similar genres which were highly rated but never get the exposure that they deserved. Examples of this are:
The Prestige and
The Innkeepers.
For the target audience, we have personified them into the two target demographics:
Firstly, there is Sierra - she is an 18 year old college student who uses the Internet a lot to keep up with the latest news and spoilers for upcoming TV shows. She is an avid user of social media, specifically sites like Tumblr, which she uses to discover the spoilers of shows aired already in other countries and from previous evenings in her own.Sierra is interested in keeping up-to-date with most things in her life - such as her friends and her hobbies; which include writing, socialising, and blogging. A typical stereotype towards Sierra is "fan-girl", as she openly expresses her feelings through her blog towards these shows - especially her favourite characters.
Secondly, there is Sam - he is a 21 year old university student. In his spare time, he likes to unwind by watching these shows - which not only hold the macho males that he can idolise without shame, but have a story to them which some horror series tend to forget in favour of blood/gore. He tends to go out with his friends quite a bit too, mostly ending up talking with them about things they have seen on TV amongst over topics men his age talk about. These films and TV shows give him an opening to get to understand a story whilst getting the additional scares that often arise. As this is the age of the social-media-ite, he too uses social media to keep in touch with his friends and other news - including that of TV schedules and stories about shows.
The competition that our site would have to encounter would be other catch-up services such as iPlayer, ITVPlayer, and 4OD. They are the 3 main catch-up services in the country that host legal viewings of shows from their channels. iPlayer is the largest as there substantially more BBC channels, with ITVPlayer being the second greatest competitor because of the sub-channels from ITV.
However, there is also the challenges of illegal viewings. Sites like PutLocker and WatchSeries host hundreds of shows illegally - and with very easy access. All a person has to do is type in "Grimm Series 2 Episode 4" into Google and they are presented with hundreds of thousands of links to different illegal sites to view the episode. With this "service" losing so much money for the people who make the shows/movies, it takes a lot of looking into to make sure they aren't being ripped off again.
We have come up with plans on the pricing strategy that helps to maintain the website and also keep the distributors happy:
Firstly, with hosting legal viewings of TV shows and movies you have to pay to be able have the right to view it. Like in the cinema you pay for a ticket, in a store you buy the DVD, we'd have to purchase the rights to view the episodes.
Secondly, to get our money back the obvious money maker is advertising. We will sell advertising slots on the side of the videos to products and services whose target audience matches with ours - for example, Monster energy drink.
Finally, TV shows are free to view on traditional catch-up services like Virgin Media - but movies always have a price tag. Now, with services like that on the TV (taking Virgin Media as our example) you pay £3.68 for regular quality for 48 hours and £4.68 for HD for 48 hours. With our services, you pay £5 for 1 weeks access to that film, plus an additional £1 for an extra day (say you purchase the film 1 week before a party then want to show it then, £1 will get you an extra day to view the film).
Membership will be required to view the content on the site fully. Without membership you can view trailers and promotions, but you do need to log in to the site to be able to view everything. Most of the content on the site is for people aged 15 and over, so it would stand to reason that that is the youngest you can create an account. It monitors the age of those on the site so that no 15 year olds try to purchase an 18 rated movie. It creates a bit more security and peace of mind for parents too, as with the iPlayer all you have to do is click "Yes, I am 18" and it lets you view whatever you want without a real check. An addition to this is that you can also sign in through social networks - and an unstoppable notification is sent through to their Facebook account saying "___________ has just watched ________" giving parents further idea of what their teenager is viewing online.