MKT315 - YouTube Red Analysis

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VERMINION RESEARCH AGENCY

Transcript of MKT315 - YouTube Red Analysis

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VERMINION RESEARCH AGENCY

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Team IntroductionsPaolo MazzaTeam and Presentation Lead

Melanie AndresConjoint Analysis Expert

Marzena MarciniecDemographics and Behavior Consultant

Ben TuckerLead Perceptual Mapper

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Table of Contents

▸Overview▸Behavior and Demographics

▸Perceptual Mapping▸Conjoint Analysis▸Recommendations

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Overview

▸Increase market share of YouTube Red for college students

▹ 1.5 million paid subscribers▹ Available in only 4 countries

▸Determine most valuable characteristics of YouTube Red to college students

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Behavior and Demographics

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Perceptual Mapping

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Perceptual Mapping

- Formed from focus groups

- Their responses are the basis for surveys

- Send surveys to college-age students

- Collect data from surveys- Process and graph data to analyze results

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Perceptual Mapping- Attributes

- Convenient- Affordability- Commercials- Stream Quality- Ease of Use- Good Content- Original Content- Mainstream- Relevant- Personalization

- Personalization- Security- Boring- Family Friendly- Advertising- Sports- Social Media- Audience- Preference

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Perceptual Mapping:

TVE=81.59%

What’s this mean?- “Total Variance Explained”

- We have captured nearly 82% of the target market’s opinion from our surveys

- In other words, we have 82% data capture

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Perceptual Mapping- Brands Being Analyzed

- Amazon Prime

- CBS All-Access

- Crunchyroll- Fox Now- HBO Go- Hulu- MLB.tv- Netflix- WWE Network

- YouTube Red

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Grand Map

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Name the Axes Map

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Perceptual Mapping- Quick Summary

- YouTube Red is not in a prime position but there is opportunity for change

- Top attributes- 1. Good Content- 2. Affordability- 3. Ease of Use

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Conjoint Analysis

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Conjoint Analysis

Problem:

YouTube Red holds 26% of the market share - significantly lower than the market leader, Amazon Prime, holding 40% of the market share.

YouTube Red would like to increase their market share.

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Features and Levels

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Statistical Quality

▸Orthogonal Design▹ Created Profiles

▸Survey▹ Profiles ranked

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Statistical Quality

▸Regression Analysis▹ 97% Confidence Interval

Results not due to luck▹ More than enough data

captured▹ Utility = Happiness

Column chart

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Bar Graph

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Linearity with affordability and cost

● Non-Linear○ Not rational

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YouTube Red vs Amazon Prime

TPU = Customer Satisfaction

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YouTube Red vs Amazon Prime

TPU = Customer Satisfaction

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Current Market Share

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Market Simulation

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Market Simulation

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Recommendations

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Recommendations

▸Decrease the price for subscriptions

▸Focus on developing high-quality content

▹Original Content is preferred level

▸Security and Ease of Use are also characteristics with high potential

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THANK YOU!