Thursday, May 14, 2020
The Fashion Channel Pros Cons Essay - 688 Words
Overview At the completion of this assignment you will achieve the following module objective: 1. Measure the profit impact of marketing segmentation strategies. Instructions You will be responsible for analyzing the corresponding case and posting your individual work in your group discussion forum by the specified due date (see course calendar for details). Post your answers to the case questions # 2 to 3 directly in the forum, it will save you and your teammates some time, and attach the corresponding excel spreadsheet with the financial analysis. A word of advice: Read the case questions before reading the case. Focus only on the information you need to answer the questions. Do your assignment in Word and alwaysâ⬠¦show more contentâ⬠¦|to 1.2% |1.0% to 1.2 % and average CPM from $2.00 | | |Keeps executives calm ââ¬Å"why fix something |The average CPM would increase from $2.00 to |to $2.50 | | |thatââ¬â¢s not brokenâ⬠|$3.50 |With this new segmentation TFC could | | |Hits the target market of valuable 18-34 |It would help compete against Lifetime because |differentiate its programming from its | | |females in all clusters. |50% of fashionistas are between the ages of |current and future competition by | | |Will not drive any existing loyal viewers |18-34. |producing programs specific to this | | |because not much will change. | |audience. | | |Delivers $40 million more in terms of net | | | | |income compared to 2007 base number. |Show MoreRelatedFashion Channel Case Study1080 Words à |à 5 PagesThe Fashion Channel Marketing Analysis XXXXXX XXXXX Abstract The Fashion Channel (TFC) has enjoyed a calm journey on the top of the fashion-programming niche for almost 10 years. However, there is a frontal attack from market-challengers of two other cable networks to capture market share and revenues from TFC. The CEO is keenly aware that TFC needs a new marketing strategy if they want to remain the market leader. Therefore, he hired a senior vice president of marketingRead MoreThe Fashion Channel577 Words à |à 3 PagesCase: * Fashion Channel Read the Fashion Channel case and answer the questions below.Ãâ Please note the following additional guidance: The discussion of alternatives indicates that for the first scenario, an investment in programming would be required but the case does not indicate how much that might cost.Ãâ Ãâ You canÃâ either assume that this spending was flat orÃâ you can assume an increase.Ãâ In either case, specifyÃâ your assumption and baseÃâ your findings on that assumption. Questions: Read MoreThe Fashion Channel Harvard Case858 Words à |à 4 PagesThe Fashion Channel The Fashion Channel is the market leader in Fashion related to TV programming. Recently attempts have been made by other channels to snatch its crown. Dana Wheeler is hired to prevent this scenario from happening. 1. Interpretation of Consumer and Market Data The current competition from CNN and Lifetime is only in the evening time from 9-11 pm (primetime) when the highest revenue for ads is generated. The focus for promoting new programs and attracting advertisersRead MoreThe Fashion Channel - Marketing962 Words à |à 4 PagesStudy # 2: The Fashion Channel Overview This document presents information about the conclusions that can be drawn from the consumer and market data based on ââ¬ËThe Fashion Channelââ¬â¢ case study information (Stahl, 2007). In addition we will also look into the various pros and cons of the segmentation options for the Fashion Channel to increase their revenue stream. Analyzing the Data The Fashion Channel (TFC) was a successfulRead MoreHarvard Business School Case - the Fashion Channel Analysis1105 Words à |à 5 PagesCase Study: The Fashion Channel 1. Define the segmentation scenarios considered by Dana Wheeler and discuss the pros and cons of each scenario. In the HBS Fashion Channel case, Dana Wheeler considered 3 different market segmentation scenarios. Various market research firms had divided viewers into 4 distinct groups: ââ¬Å"Fashionistasâ⬠, ââ¬Å"Planners and Shoppersâ⬠, ââ¬Å"Situationalistsâ⬠, and ââ¬Å"Basicsâ⬠. These four groups were comprised of a mix of consumers with a plethora of demographics, all with specificRead MoreThe Fashion Channel Case Study1362 Words à |à 6 PagesCASE STUDY: The Fashion Channel Case study: The Fashion Channel Opening Lacking of detailed segment, branding and positioning strategy and increasing competitors which have put forward the similar fashion program forced TFC to change its marketing strategy for future growth. Therefore, targeting and positioning the market are of great importance. However, TV ratings and advertising revenue are necessarily to be accomplished by segment TFC. KeyRead MoreFashion Channel Segmentation Essay701 Words à |à 3 Pagesfootnotes. The information in the fine print is relevant. The Fashion Channel 1. What are the pros and cons of the three segmentation scenarios? Read carefully the case and make a list of the pros and cons of each segmentation scenario. Use the following table to summarize your findings. | Scenario 1: Broad-based Segmentation Targeting | Scenario 2: Fashionista focus | Scenario 3: Fashionistas + Planners/Shoppers | Pros | * Mixed based audience. * Investment in major marketingRead MoreFashion Channel Case Analysis1617 Words à |à 7 PagesFashion Channel Case Analysis Wenwen Gao (872236636) 2010.07.07 Introduction and Problem Definition As the only network dedicated solely to fashion, The Fashion Channelââ¬â¢s (TFC) consistent ââ¬Å"Fashion for everyoneâ⬠strategy is facing challenges by the other two competitors Lifetime and CNN, which are separately targeting young females and men by their fashion-related programming. The channel needs to target the right viewers and offer advertisers an attractive mix of viewers, consequently strengtheningRead MoreFashion Channel1463 Words à |à 6 PagesTHE FASHION CHANNEL The Fashion Channel is an unique leading cable TV network specialized in only fashion programming with broadcasting 24 hours a day and 7 days per week.The channel has a steady uprising revenue background and profitable high growth above the itsââ¬â¢ industry average from the establishment in 1996 by two men who has an entrepreneurial spirit. TFC(The Fashion Channel) has a huge revenue amount of 310.6 million in 2006 with 80 million household viewer who has subscribed to theirRead MoreMarketing Strategy Of The Fashion Channel2729 Words à |à 11 PagesThe Fashion Channel is a cable TV network that exclusively offers programs for a fashion-oriented audience. Initially, TFC was able to grow without any targeted segmentation or detailed branding strategy. TCF is still the only fashion channel but channels such as CNN and Lifetime are introducing fashion segments to their programming and in return have increased competition and threatened market share. The growth of The Fashion Chann el depends highly on proper market segmentation. The addition of
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