Dana Wheeler‚ Senior Vice President of marketing for the Fashion Channel is reviewing a new marketing segmentation and positioning strategy. The Fashion Channel Company needs to strengthen its competitive position and is willing to spend an estimated $60 Million on advertising‚ promotion‚ and public relations in 2007. TFC’s main focus has been solely on fashion which is broadcast all hours of the day 7 days a week. This channel reaches close to 80 million viewers in US households with their main
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The Fashion Channel Case Due Date: 9/30/2013 Here at The Fashion Channel (TFC)‚ the management team needs to decide which customer segments that we should target when implementing our new marketing strategy. Based on current environmental trends‚ state of the economy‚ current cultural‚ social‚ and political conditions‚ we as team need to find a way to position ourselves to ultimately increase company revenue. In doing this we need to focus on ways to increase our share of the market (targeting
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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. A word of advice‚ read the case carefully‚ including the exhibits and the footnotes. 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
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Report: The current event I decided to write my report on was the Avedon Fashion Photography Exhibit at the Museum of Fine Arts in Boston. This exhibit is a temporary one and will be held in the museum until January 17‚ 2011. Photographer Richard Avedon between the years 1944-2000 shot the photos used. He is considered to be one of the behind the lense the twentieth century. He was the modern push that made fashion photography what it is today. Avedon used women as his subjects in imaginative
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The Fashion Channel Case Analysis Problem Statement: The case of the Fashion Channel exhibited possible failures and multiple problems. After thorough review of the case I felt the core problem is the failure to focus on a specific demographic. TFC had run off the marketing strategy of “something-for-everyone” for plenty of years and found success in this untouched niche of fashion television. Without competition‚ this marketing mentality had been very profitable‚ and started drawing up attention
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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. The key Point’s of The Fashion Channel case include: 1. Build strong Target Market - In order for TFC to maintain and increase their advertising revenue model they must build
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Introduction Hardly any industry today is as much changing as the fashion industry. New collections‚ new styles and trends emerge faster than ever before. Brands that are "in" today can be "out" tomorrow and vice versa. In addition‚ consumer behavior in the fashion industry changed significantly over the last two decades mixing and mingling fashion segments into individual styles that combine both high and low-end fashion items. In order to keep up with the pace of the industry‚ players have
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MBA-532: Marketing Management Case Report-1: The Fashion Channel Ahmet ÇAVUŞ 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: 1.Scenario: Total Ad. Sales Revenue: $249‚0 M Total Net Income: $94‚9 M 2.Scenario: Total Ad. Sales Revenue: $322‚8 M Total Net Income: $151‚5 M
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Descripción del Caso The Fashion Channel (TFC) era un exitoso canal de televisión por cable‚ dedicado exclusivamente a la moda‚ con una programación continua de 24 hrs. al día‚ los 7 días de la semana. Fue fundado en el año 1996 y desde entonces‚ había presentado ingresos y resultados por sobre la media de la industria de forma consistente‚ hasta el año 2006. Sin embargo‚ hoy su directorio y grupo gerencial estaban enfrentados ante una situación que hacia preveer cambios hacia futuro y por lo
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PROBLEM STATEMENT Dana Wheeler‚ The Fashion Channel’s (TCF) senior vice president of marketing‚ must focus on TCF’s segmentation‚ branding‚ and positioning strategy. BACKGROUND TFC is a cable TV network specially devoted to the latest fashion broadcasted 24 hours per day‚ 7 days per week. TFC was successful and experienced constant revenue and profit growth above the industry average. TCF was one of the most common niche network‚ shared with 80 million U.S. households. A LT E R N AT I V E
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