Answer - 21,000+
DVD rental kiosk growth in the United States has been nothing short of phenomenal in the past 18 months and the company leading the market – Redbox – are the most talked about company in the worldwide home entertainment sector at present. In the USA, the concept has grown to the extent that there are more DVD kiosks operating in America than there are Blockbuster stores.
But isn’t the DVD rental market in decline?
When comparing the USA to the UK and Ireland, this growth of kiosks in America comes despite the fact that:
- Average broadband speeds in the USA are DOUBLE the average broadband speed supplied in the UK and Ireland.
- Online rental facilities such as i-tunes offer far more movie titles and lower prices than services in the UK.
- On-demand movies are far more accessible and affordable in America.
These points prove that the pricing and convenience offered by DVD kiosks have made this the most popular way to rent movies in America, and that the supposed decline in demand for DVD’s is premature . We expect the DVD kiosk to similarly explode in the UK and Ireland, and here’s why…
· The market leader in the USA are Redbox, who now have over 18,000 DVD kiosks in operation.
· When launching in 2002, Redbox began life with only 20 DVD kiosks in operation.
· Retailers in America realised that DVD kiosks offered a completely new service for their customers, which led to retail giants such as Wal-Mart to install kiosks in their stores.
· Blockbuster - pioneers in the DVD rental industry - have agreed to install 3,000 kiosks in America after seeing the success that has been achieved in this new market.
What’s this got to do with people like me in the UK and Ireland?
In the UK and Ireland, the market is in early stages of growth - The Movie Booth currently have thirty DVD kiosks in operation. However, as in America, UK and Irish retail groups have now realised the potential of DVD kiosks. The Movie Booth have been able to gain access to a majority of the largest supermarkets and convenience stores in both countries. This has resulted in a flurry of new kiosk launches taking place of late including installations in several new regions including Glasgow, Shropshire, the West Midlands and London. Despite this, there are still huge opportunities for growth in many regions of the UK and Ireland.
What this means for you is that you have the opportunity to become involved in a market that is fully primed for explosion. The Movie Booth offers you the full facility to own and operate a network of profitable DVD kiosks. You
can become a DVD kiosk operator:
· Without owning a retail store.
· With no prior knowledge or experience of the home entertainment industry.
· Without having to pay one lump sum to take ownership of the kiosk.
How can I find out more about this business opportunity?
We’d love the chance to discuss your individual options – you can get a general overview of The Movie Booth’s key operational benefits by watching a recent interview with The Movie Booth’s UK and Irish Sales Manager, Paul Dugdale . To watch this short interview, simply click here.
If you’d like to have a personalised one-to-one chat with Paul about how The Movie Booth can benefit you, you can call us freephone on 0800 2922032 from the UK or 1800 932903 from Ireland.
We look forward to speaking with you.
The Movie Booth
P.S. The Movie Booth have recently launched new kiosks in Glasgow x3, Shrewsbury. Wolverhampton, Tooting and Lancaster. Despite this, there are still business opportunities available in your area, so email enquiries@themoviebooth.com or call 0800 2922032 to find out how you can profit from becoming a DVD kiosk operator.