CASE 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. Key
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Fashion Channel Questions Please answer the following questions in no more than 3 pages single spaced or 6 pages double spaced using a 12pt font. Exhibits such as your excel results do not count against the page limit. Please note that the column “2007 base” in the excel spread sheet assumes you do not segment the market. It is critically important that you communicate your reasoning clearly. You MUST NOT talk about the case in depth with anyone else. 1. How would you interpret the consumer
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The 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 advertisers
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Knowledge and Marketing Management Seminar The Fashion Channel Case Study: Friday‚ 18 October 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. Each team should complete Exhibit #4 “Ad Revenue Calculator” and Exhibit #5 “Estimated Financials for 2006 and 2007” and submit a copy of their
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Case Study – The Fashion Channel Abstract In this paper I will discuss the pros and cons of segmentation of each of the segmentation options presented by Dana Wheeler for improving The Fashion Channel’s marketing plan. The Harvard Business School’s Case study included a wide variety of consumer and market data that must be analyzed to assist with drawing the best conclusion as to what is the best course of action to take. After reviewing the data and looking at the options presented‚ I will recommend
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Case Study: The Fashion Channel (TFC) June 30‚ 2009 Overview The Fashion Channel (TFC)‚ founded in 1996‚ is a successful cable TV network dedicated to all things fashion. Although quite young compared to other TV networks‚ TFC has experienced steady growth and in 2006 forecasted its revenue at $310.6 million. TFC operates primarily as a niche network‚ focused solely on fashion and fashion related programming‚ but still manages to reach almost 80 million US households that subscribe
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Fashion Channel Market Segmentation Fashion Channel Market Segmentation SWOT Analysis Strengths 1. Specialist in fashion-oriented programming 2. Appeals mostly to women between 35 and 54 3. Attracts premium pricing 4. Operates under the basic cable package Weaknesses 1. Operations not fully diversified 2. Section of management is reluctant to accept change 3. Satisfaction level of TFC’s customers is on the decline 4. Lack of market segmentation Opportunities 1. Advertisers are ready
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reception of these changes by our viewers and even our employees. According to me‚ the aim right now should be to steer our channel away from the risks of declining viewership and advertising prices. However‚ in order to achieve this‚ I do not at the same time think it would be wise to expose ourselves to higher concentration risks than is necessary. Therefore‚ my recommendation is to opt for the third scenario as mentioned in your projections‚ which targets both ‘Fashionistas’ and ‘Shoppers & Planners’
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The Fashion Channel The VPs main focus was recommending few new segmentation and positioning strategy for TFC Recent addition to TFC and was eager to create an impression Company needed to strengthen its competitive position in the market The company was ready to spend $60M in 2007 which was an increase of 33.33% from 2006 TFC Background A very famous and successful TV network – dedicated solely to fashion 24/7 Founded in 1994 by 2 entrepreneurs. Steady revenue and profit growth since the
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Answer 1. SWOT analysis of The Fashion Channel The Fashion Channel (TFC) is a 24*7 cable TV network which is exclusively dedicated to fashion. It was found in 1996 and since then it has been witnessing continuous upswing. According to an annual demographic survey‚ TFC is having approximately 110 million subscribers of cable & satellite television. But‚ due to increasing competition with other fashion channels‚ it is in the need for developing a modern and updated brand strategy. SWOT analysis
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