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Event marketing, movie consumers' willingness and box office revenue

Lei Sun (Department of Management Science and Information Systems, Guanghua School of Management, Peking University, Beijing, China)
Xin Zhai (Department of Management Science and Information Systems, Guanghua School of Management, Peking University, Beijing, China)
Huiqin Yang (Department of Management Science and Information Systems, Guanghua School of Management, Peking University, Beijing, China)

Asia Pacific Journal of Marketing and Logistics

ISSN: 1355-5855

Article publication date: 27 June 2020

Issue publication date: 22 January 2021

1871

Abstract

Purpose

This research investigates the impacts of movie consumers' willingness, measured by the number of people who want to watch a movie, on the relationship between event marketing and box office revenue. This study aims to provide marketers with practical event marketing strategies and tactics to improve box office revenue.

Design/methodology/approach

Panel data was collected for 1,141 movies released in China from year 2014–2018 for a total of 12 weeks, spanning 4 weeks before and 8 weeks after release. The mediating effect of consumers' willingness on the relationship between event marketing and box office revenue was tested through a stepwise method and the generalized least squares method based on random effects.

Findings

Movie consumers' willingness mediates the effect of event marketing and box office revenue. Both movie consumers' willingness and box office revenue follow an inverted U-shaped distribution against the intensity of event marketing. From the second week before release to the first week after release, intensified event marketing enhances box office revenue. Various types and intensities of event marketing should be employed in different periods of time to increase the total box office revenue.

Research limitations/implications

This research ignores the costs of various types of event marketing for different movies. Future research could consider the cost-effectiveness of event marketing.

Practical implications

The findings of this paper provide meaningful insights on event marketing strategies for practitioners.

Originality/value

This study contributes to the field by verifying movie consumers' willingness as a mediator between event marketing and box office revenue. The study also provides empirical evidences on effective types and reasonable intensities of event marketing over the whole lifecycle of movies.

Keywords

Acknowledgements

This work was supported by the National Nature Science Foundation of China (NSFC) [Grant No. 71772006].

Citation

Sun, L., Zhai, X. and Yang, H. (2021), "Event marketing, movie consumers' willingness and box office revenue", Asia Pacific Journal of Marketing and Logistics, Vol. 33 No. 2, pp. 622-646. https://doi.org/10.1108/APJML-09-2019-0564

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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