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
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Course: Marketing Management MBA 752 Case: The Fashion Channel 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.
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Q1) How would you interpret the consumer and market data if you were Dana Wheeler? I would first try to see if I could classify the data into various segments. The fashion channel is very popular among women. Hence‚ I would differentiate between the women viewers based on age‚ spending capacity‚ fashion nerdiness‚ etc. These will become subsets of the superset “women viewers”. Once‚ I determine the segments I would look for any noticeable trends in the segments that will prove profitable for the
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FAST FASHION Over the past few years there has been an apparent change in the fashion retail industry which is taking control of it‘s speed. ‘Fast Fashion’ is the new 21st century phenomenon currently dominating high-street retail. Stores like H&M and New Look have become the masters of the quick turnaround and are closing in on trends at such a speed that they can have fresh looks on their shelves for the customer‚ months before the original designer can get their garments shipped out of the
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Fashion statement "It’s a new era in fashion - there are no rules. It’s all about the individual and personal style‚ wearing high-end‚ low-end‚ classic labels‚ and up-and-coming designers all together." — Alexander McQueen Like the quote from Alexander McQueen‚ this new era‚ the 21 th century‚ there are no rules within fashion. Basically it’s very hard describing a certain style that identifies the fashion within this era. Instead of having the designers and the fashion brands deciding what
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FMP – Fashion Film – Rules and Regulations As fashion film is a new addition to the fashion instalment‚ there aren’t any specific rules and regulations that the filmmakers have to follow because fashion is all about expressing opinions‚ feelings etc. However there are a few ethics that they should be aware of‚ with any film such as violence‚ drug abuse‚ discrimination etc. The filmmakers need to be aware of these ethics because the last thing you want the film to do is offend anyone because
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until 1943 when Hofmann accidentally “ate” some LSD. It was later found that an amount as little as 25 micrograms (equal in weight to a few grains of salt) is capable of producing vivid hallucinations. LSD in Pop Culture/Famous People LSD has had a huge impact on the pop culture as it was said to enhance creativity. Among its Users there was Paul McCartney(A member of the beatles) who said that it “opened
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versus own branded fashion goods. It draws on examples from retailers‚ trade press and academic sources. Fashion retailers are an important sector of the fashion industry‚ and are the link between fashion products and consumers. These retailers have power over the industry and are able to set trends. Over the past few years‚ retail own-labels have been leading the fashion industry. This has increased the power and important of the fashion buyer’s role. An understanding of the fashion environment –
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A fashion show is an event put on by a fashion designer to showcase his or her upcoming line of clothing during Fashion Week. Fashion shows debut every season‚ particularly the Spring/Summer and Fall/Winter seasons. This is where the latest fashion trends are made. The two most influential fashion weeks are Paris Fashion Week and New York Fashion Week‚ which are both semiannual events. Types of fashion The garments produced by clothing manufacturers fall into three main categories‚ although these
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It is incredibly difficult to select only one of Saint Patrick’s practices in reaching the Celts because they are all so beautiful and effective. However‚ the way in which Patrick and his people set up Monastic communities and invited people to observe and participate in a new way of living—the kingdom of God way—is perhaps the most applicable for today. To this point‚ Hunter states‚ “The monastic communities invited seekers‚ refugees‚ and others‚ individuals and even families‚ to be their guests”
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