Message Strategies: Analytical Reports [LO-6] Spurred in part by the success of numerous do-it-yourself (DIY) TV shows,
Question:
Message Strategies: Analytical Reports [LO-6] Spurred in part by the success of numerous do-it-yourself (DIY) TV shows, homeowners across the country are redecorating, remodeling, and rebuilding. Many people are content with superficial changes, such as new paint or new accessories, but some are more ambitious. These homeowners want to move walls, add rooms, redesign kitchens, convert garages to home theaters—the big stuff.
Publishers try to create magazines that appeal to carefully identified groups of potential readers and the advertisers who’d like to reach them. The DIY market is already served by numerous magazines, but you see an opportunity in the homeowners who tackle the heavy-duty projects. Case Tables 10.1 through 10.3 summarize the results of some preliminary research you asked your company’s research staff to conduct.
Your task: You think the data show a real opportunity for a “big projects” DIY magazine, although you’ll need more extensive research to confirm the size of the market and refine the editorial direction of the magazine. Prepare a brief analytical report that presents the data you have, identifies the opportunity or opportunities you’ve found (suggest your own ideas, based on the data in the tables), and requests funding from the editorial board to pursue further research.
Step by Step Answer:
Business Communication Essentials A Skills-Based Approach
ISBN: 0133896781
7th Edition
Authors: Courtland L. Bovee, John V. Thill