Demand Analysis of Music Reality Show

15
Consumer Behavior Consumer Behavior Demand Analysis Of A Music Reality Show (Indian Idol) 

Transcript of Demand Analysis of Music Reality Show

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 1/15

Consumer Behavior Consumer Behavior 

Demand Analysis Of A Music Reality Show 

(Indian Idol) 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 2/15

Objectives 

To study the demand for reality shows 

 Analyze the demand for Indian Idol as it laid the 

benchmark in music reality shows 

Justify the change in demand for Indian Idol over the last three seasons 

Suggest some changes that can be made to stimulate the demand for Indian Idol in the next season 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 3/15

Importance Of Demand Analysis To Tv 

Demand analysis helps in understanding tastes and preferences of  consumers 

It is a tool that helps take decisions on what  factors need to be changed as per consumer 

demand   It is a method of  

comparing performances with competitors 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 4/15

H  istory Of Indian Television  1970·s Doordarshan the only 

entertainer for 2 decades  1990·s Zee TV, Star TV and  

many more foreign channels entered India via Satellite 

Mid 1990·s Daily soaps like 

´Taraµ, ́ Shantiµ and  ´Swabhimaanµ ruled  

Y2K ´Kyunki Saas Bhi Kabhi Bahu Thiµ and ´Kahani Ghar Ghar Kiµ created history giving a new dimension to Indian television 

 And since then daily soaps ruled  the small screen 

TILL«««..

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 5/15

Reality Shows Emerge«..

Daily soaps reached a 

saturation point 

Reality shows started  

 gaining importance  Presence was felt 

Shows such as ´ V-Pop 

starsµ, ´Mtv Roadiesµ 

and ´Mtv Bakraµ swung 

the youth but couldn·t 

attract the masses 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 6/15

Indian Idol Sets The Bar H  igh 

2004 ´INDIAN IDOLµ a 

reality show that draws the 

masses 

The entire nation is driven by the Indian Idol Fever 

Capturing all Age groups 

and Income levels as never 

before 

Indian Idol sets the bar 

really really high!!!! 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 7/15

Research Methodology 

Research Design: Exploratory and Descriptive 

Primary Data : Consumer Survey 

Secondary Data : Websites, Magazines 

Data Analysis Method: Mean, Weighted Mean 

and correlation 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 8/15

Reality Shows Swing The Nation 

0%

10%

20%

30%

40%

50%

60%70%

<1hr 1-2hrs 2-3hrs 3-4hrs

Television Programs are viewed by all age groups 

and income levels 

Nearly 65% people watch about 2-3hrs of television 

 per day 

Reality shows are more 

 preferred as compared to daily soaps, news, sports 

and talk shows 0%

5%

10%

15%20%

25%

30%

35%

40%

news sports daily

soaps

reality

shows

talk shows

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 9/15

Survey Says«.

Reality Shows motivate 

the youth 

Encourage young talent 

 Act as a ´Stepping Stoneµ towards success 

H  unt talent even from 

villages 

Create anxiety of what is 

 going to happen next 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 10/15

Indian Idol Then And Now 

2nd week 4th week 8th week 16th week

Demand for Indian Idol 1

TRPs

Ist season 2nd Season 3rd Season

Demand for Indian Idol Season Wise

Demand for Reality Music Shows Now

3.8

4

4.2

4.4

4.6

4.8

5

Sa Re Ga Ma Hero Honda Indian Idol Voice of India

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 11/15

Survey Shows«.

0%

10%

20%30%

40%

50%

60%

only judges only public 50%judges 50%public

People are disappointed with the judging pattern of  

Indian Idol  

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 12/15

Reasons For The Declining Demand  

 Availability of  

substitutes ( H  ero H  onda 

Sa Re Ga Ma Pa 

Challenge, Voice Of  India) 

Reduced Marketing 

Lack of innovative 

changes in new seasons 

Constant comparison 

with competitors 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 13/15

Reasons For The Declining Demand  

Changing preferences 

of consumers as they want to see more ´dramaµ 

People wonder if it is a ´talent hunt or a music stuntµ  Disappointing judging pattern (voting system) 

 A possibility of being biased as only male contestants have been winning in all the seasons 

Talent Talent H  unt or Music Stunt? 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 14/15

Indian Idol TRPs Can Be Increased If..

Voting system is changed   Celebrity Judges are asked  

to rate the contestants 

More training sessions are shown 

Let top 10 contestants 

 perform at public places 

to increase popularity 

8/8/2019 Demand Analysis of Music Reality Show

http://slidepdf.com/reader/full/demand-analysis-of-music-reality-show 15/15

T hank you 

Maulik shah 84