Preview

The Fashion Channel

Good Essays
Open Document
Open Document
720 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Fashion Channel
The Fashion Channel Case Analysis
Ruoyu Wen
Marketing Fundamentals
Prof. Joan Crooker
Summer 2015

The Fashion Channel Case Analysis
The Fashion Channel was founded in 1996 by two entrepreneurs. It was a successful cable TV network. It was the leader of fashion channels. However, at present, it faced other channels’ challenge like CNN and Lifetime. The founder and CEO Jared Thomas wanted to make some change to keep the channel’s lead position. The senior vice president of marketing Dana Wheeler had some recommendations for channel’s new segmentation and positioning strategy. And if Jared Thomas and his team likes these planes, the company would spend more than $60 million in all national and affiliate advertising, promotion, and public relations in 2007 based on Dana Wheeler’s recommendations.
However, she also faced many problems when she wanted to move on her plans. If I were Dana Wheeler, the first thing that I would concern was the cost of advertising. The purpose of new segmentation and positioning strategy was making more money. If I spent too much money in advertises, but the revenue went down. I thought the CEO wouldn’t happy about that and my planes would fail. The second thing is where the main revenue stream came from. As I know the revenue stream from advertising sales. So I needed to consider more about my channel’s advertises. The third thing was that I wanted to know how many customers our channel had in different ages. Because people in different ages would have different opinions of fashion. If I couldn’t show the right advertises to right people, all the money that I spent in advertises were wasted. The fourth thing was my competitors’ advertises. If my competitors spent much more money than I did, I would find out why and I would reconsider my advertise plan. And I also wanted to know what my competitors’ advertises look like. I must make sure my advertises were more attractive for our customers. The fifth thing was the trends of

You May Also Find These Documents Helpful

  • Powerful Essays

    As the team analyzed various trends relating to competition, pricing, advertising, promotion, and production, Smith Boyle and Warren were faced with a series of critical strategic decisions that…

    • 4773 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Part 1A: You will be responsible for reading the corresponding case and submitting your individual work as an assignment and in your team discussion forum by the specified due date (see course schedule/ for details). Be reminded that there are two parts to Case 1:Part 1A Questions and Part 1B, which is the corresponding excel spreadsheet with the financial analysis.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The Fashion Channel was a successful cable TV network, and the only network dedicated solely to fashion. This channel included entertaining up-to-date features and information broadcast 24 hours per day, 7 days per week. The Fashion Channel was founded in 1996 by two entrepreneurs. This channel experienced constant revenue and profit growth above the industry average in the beginning, but in 2006, the network realized that other networks were taking note of its success and started to add fashion-related programming to their lineups. This prompted the founder and CEO of the Fashion Channel to rethink his approach to marketing, and he decided to hire on an experienced marketer by the name of Dana Wheeler to develop marketing and brand-building programs to support the Fashion Channel’s growth.…

    • 1230 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    This report begins with a general history of how the company started from being a clothing business and transforming into one of the most important companies in the world.…

    • 5129 Words
    • 21 Pages
    Powerful Essays
  • Good Essays

    Coffee delight

    • 598 Words
    • 3 Pages

    Another reason why the marketing budget is so important is that Roberts’s media is changing from print format to digital as they seek to achieve their object of increasing ROCE to 8%. Digital media is a new market for the business and therefore will need extensive research to see what the target markets’ needs and wants are. Although the marketing department had previously won awards for the way it promoted print magazines, but was concerned that the new technology would require a very different approach. As digital is completely different to print media, it obviously needs research conducted. However, Harry is being stubborn and dismissive stating that the marketing budget is un-important and will not provide additional funds. This could therefore mean that the businesses target the wrong people and that their objective to increase the ROCE to 8% could be dented and un-applicable.…

    • 598 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Fashion Channel Case

    • 276 Words
    • 2 Pages

    Dana Wheeler, senior vice president of marketing for The Fashion Channel (TFC) must create a strategy which would help deal with the current marketing challenge. Wheeler’s major challenge is to choose an explicit target market in which her team can market towards in order to increase revenues for The Fashion Channel.…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    During the 1960s and 1970s after a sensational success, the Original Penguin clothing brand lost its appeal due to the lack of creative styling and marketing recognition. Chris Kolbe took on the lead with his vision reinventing the brand and inspiring modern marketing concepts to help Original Penguin rejuvenate. Understanding and taking a risk, Perry Ellis embraced the idea by establishing a new venture team to oversee the re-launch of the Original Penguin fashion management arena. The new change in marketing management is now successful with its new innovation market of appealing clothing line for young men and women. Due to Chris Kolbe’s vision and execution developed Perry Ellis’s core brand with an lucrative financial future.…

    • 116 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    The Fashion Channel

    • 630 Words
    • 3 Pages

    The Fashion Channel should choose scenario 3 as the strategy of market segmentation with the goal of increasing its industry standing. They should do this for the following reasons: 1) to make maximal profit in expected advertising revenues and return on investment, 2) to capture significant piece of market share in the chosen target market, and 3) to increase their Cost Per Thousand Impressions (CPM) on advertising revenue.…

    • 630 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    J. Crew has successfully carried designer quality merchandise that has brought substantial growth to the company. With 334 stores carrying women’s men’s and children’s clothing they have seen significant success in their E-commerce and catalogue shopping alternatives. They recently called their catalogue “The J.Crew, Style Guide”. Anna Wintour claimed the J. Crew catalogue to be like “Shopping with your best friend whose style you admire”. One of their business strategies was to not partnership with department stores and keep exclusivity to their retail stores. In the last year, J. Crew has seen an increase of 170% in their revenues. The method of exclusivity has made their brand unique and has targeted their ideal consumers.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Please read and analyze this case on market segmentation and targeting options for a cable television network dedicated to fashion programming. No research into the industry or firm is necessary. Please use only the information provided by the case.…

    • 1320 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Fashion Channel

    • 1463 Words
    • 6 Pages

    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 its’ 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 their network in cable or satellite TV groups.TFC viewers are mostly woman who have age between 35 and 54 and TFC has a motto of “Fashion for Everyone” to reach every cable or satellite TV viewer by mass marketing concept.And TFC has a highly low fee for per cable network customer correlating with other networks as $ 1.00 to penetrate whole market.TFC has an huge advertising income and share approximately $ 230.6 million in 20 billion advertising market.…

    • 1463 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Case 1: THE RISE AND FALL OF THE J. PETERMAN COMPANY 1.There are many key points that caused the initial success of the the J. Peterman Company, but the most important one was because the company had a clear positioning: sell apparel goods that were matched with “unique”, “authentic”, “romantic”, “journey”, “wondrous”, and “excellent” concepts, by catalog. The company produce coats, ran some ads on New Yorkers, mail catalogs directly to customers, sold products, and used the revenue to produce more coats. Everything was within a simple but efficient cycle. Also, the company closely stick with the six-words concept they made for every product they produce. Not only the customers but also the employees who worked in the company had an idea about…

    • 803 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Emerald Group Publishing Limited. (2005),"Bravo" for Burberry: From bust to boom - creating a luxury fashion brand, Strategic Direction, Vol. 21 Issue: 1 pp. 22 – 24 Eeasey, M. (2009) Fashion Marketing, Oxford: Wiley Blackwell G. Gavetti, D. Levinthal, and J. W. Rivkin. (2005), Strategy Making in Novel and Complex Worlds: The Power of Analogy, Strategic Management…

    • 1853 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    The Fashion Channel Case

    • 863 Words
    • 4 Pages

    1- After completing the Ad Revenue and Financial tables for three different scenarios, it can be concluded that the third scenario has the most amount of outcome in financial domain. The outcomes of the scenarios with respect to net income and total revenues are:…

    • 863 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Fashion Channel Case

    • 432 Words
    • 3 Pages

    A LT E R N AT I V E C O U R S E O F A C T I O N…

    • 432 Words
    • 3 Pages
    Satisfactory Essays

Related Topics