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Unit 2 Business

Market size Market Structure Market share
Market Size - Profitability, the most important being that market size tells you whether there’s a large enough group of consumers or businesses who will actually purchase your product and within the cinemas market there will always be a high demand for these films and even for older films therefore there is profit to be made of this type of business within this market. Competitive Advantage, the business idea in which has been settled upon is that it is pop up therefore it has the ability to move around and can screen a whole variety of movies ranging from classics to new releases and this will give a competitive advantage over the larger companies who have not branched into this idea
Market Structure - The structure of this market would be perfect as there are many firms which provide cinema screenings and this is backed by the fact that all these competitors only have a set amount of films in which they show people with some showing older films and others focussing of newer releases. The way that prices are done are through who ever can sell the best product for the cheapest
Market Share - The large portion of this market is controlled by Cineworld(25.4), Odeon(24.3), Vue(20.4), National Amusements(5.6), Picturehouse Cineworld(2.3), Empire Cinemas (2.2) and others(19.9). This shows that the larger companies do have some control over the other companies within this market as they own a very large share of the market which makes it rather difficult for new businesses to enter this market not sure if correct but here's my take on it ... PM with questions

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