Dynamic Pricing Of Movie Tickets By PVR-Inox Is Wrong, Says Cinema Lovers


Mohul Ghosh

Mohul Ghosh

Jul 23, 2024


Popular multiplex chain PVR INOX has introduced dynamic ticket pricing, a strategy that adjusts ticket costs based on demand. This move has led to widespread criticism from customers who feel that it has negatively impacted their cinema experience. A company representative confirmed the implementation of dynamic pricing following a complaint from a customer on social media about fluctuating ticket prices for the movie “Twisters.” The representative assured that the pricing aimed to provide competitive rates and that the customer had not been overcharged at the time of booking.

Dynamic Pricing Of Movie Tickets By PVR-Inox Is Wrong, Says Cinema Lovers

Public Reaction and Concerns

The dynamic pricing policy appears to have been in place for some time, though it is unclear if it is applied uniformly across all cinema halls in India. Many social media users have expressed frustration with this pricing model. One user recounted an experience where the ticket price increased from ₹350 to ₹400 at the counter, questioning the rationale behind dynamic pricing for movie tickets. Another user criticized the practice, suggesting that it contributes to lower footfalls in cinemas and that the industry should collectively address the issue.

Impact on Cinema Experience

Moviegoers have also highlighted other issues affecting their cinema experience, such as the high cost of food and beverages. One user noted that movie tickets now start at ₹350, and a regular popcorn and Pepsi combo costs ₹800. The addition of dynamic pricing has only exacerbated their dissatisfaction. Another user emphasized that it is not just the ads but also the high prices of snacks that ruin the experience, suggesting that slashing food prices could improve customer satisfaction.

Company’s Response and Business Strategy

Despite the backlash, PVR INOX maintains that dynamic pricing is intended to offer customers better deals. However, the company has faced financial challenges, reporting a loss of ₹136.6 crore in Q1, partly due to the impact of elections and the Indian Premier League on business. In an attempt to attract more customers, PVR INOX has introduced ad-free content and slashed prices for food and beverages. Yet, these measures have not fully alleviated customer discontent.

Conclusion

PVR INOX’s dynamic ticket pricing strategy has faced significant opposition from moviegoers, who argue that it, along with high snack prices, has degraded the cinema experience. While the company defends its approach as beneficial, the negative reactions indicate a need for reassessment to ensure customer satisfaction and sustain footfall in cinemas.

4o


Mohul Ghosh
Mohul Ghosh
  • 1722 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online