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1. TiVo Case Misty De Lira
Stephanie Amate
Lee Hamilton
Alnita Turner
Janet Baselice
2. ISSUES
Precarious financial position
Number of subscribers to TiVo is substantially lower than previously forecasted
Subscriber profiles are narrow, indicating a small target market
Promotion of the TiVo category, including PVR and DVR, relatively low
3. RESEARCH FINDINGSMarch 2001 Survey Purchase Influence
Over 70% knew someone who had purchased TiVo prior to making their own purchase
More than half were more influenced by friends/family than by retail demonstrations
Satisfaction
90.1% of customers were satisfied with their TiVo, and
96.4% would recommend TiVo.
Usability
Users found the features valuable and easy to use.
89% of customers found TiVo’s interface easy to use and
95.1% found the “Trickplay” and status bar easy to use.
Demographics
Most subscribers were married with children and more affluent.
78% of subscribers were between the ages of 25-54 years and
71% of them were homeowners.
4. RESEARCH FINDINGSMarch 2001 “Attitude Survey” Viewing Habits
TiVo owners watched more television with TiVo.
70% of what people watched was recorded, and
Only 30% was watched “live”.
Life with TiVo
77.4% of subscribers said TiVo has made their lives better and
70.4% said they no longer scheduled their social life or time around TV schedules.
TiVo vs. Other Technological Gadgets
TiVo was viewed as more important than most electronics.
94.3% said it was more important than the VCR and
46.9% said it was more important then the microwave.
Fun Facts
Many subscribers had difficulties living without TiVo and even had the impulse to perform TiVo functions in non-TiVo situations.
96% said it would be difficult to give up TiVo and
89% found it frustrating to watch TV without it.
5. 2002 Survey Even though 90% of TiVo subscribers reported fast-forwarding through the advertisements, certain types of commercials were watched. Interesting or entertaining commercials were mostly viewed and not skipped over.
Superbowl
The event was paused and/or replayed an average of 44 times per TiVo household.
The Trickplay features were used predominantly to replay commercials.
Only about 3% of TiVo users switched to other programming during the broadcast, including during the halftime show.
6. ACTION PLAN “Breaking Through the Inertia”
TiVo customers are fiercely loyal to their TiVo, and can greatly influence future purchases among family members and friends
Leverage this high customer satisfaction and influence by offering “referral discounts” in the form of discounts off of monthly subscription rates
Quickest way to improve financials is to increase sales/subscriptions
Use research findings to position TiVo as a key player in the TV broadcasting industry; add value by involving networks, content providers, advertisers and service operators.
Re-focus commercials and ad campaigns to consumers who are not as “tech-savvy,” by highlighting ease of use
Push the “trickplay” feature and its abilities
Demonstrate the Super Bowl findings (more than just a recorder)
Distribute TiVo in more retailer sites other than Best Buy to target a broader audience.
Provide retailer support in the way of retail demonstrations and sales person training