Thursday, 12 January 2012

Blog Deux- Target Market

Blog Number 2


Target Market

So I have had these written up for ages and I have finally got round to posting these next three post’s.
So… this is my second post and in this I am going to identify the target markets for both of the chosen events. Before I even start researching I know that both of the events have completely different target audiences this is because one is a live music tour and the other is an annual fair.
A target market is a group of customers that a business has chosen to aim its marketing to. If a business has a well-defined target market this will ultimately mean that they can market to their audience correctly and in an efficient way.


Country living fair
‘The Country Living Magazine Fairs deliver a unique audience of affluent women who love to shop’
The County Living Spring Fair is an annual fair held each year its average visitors are Art & Antique Professionals, Cultural Foundations, Craftsmen, Artisans, promoters & General Public are the target audience

This from an online Country Living Fair broacher it shows the exact breakdown of their key visitors. It’s an extremely high percentage of females that attend. The Country Living Fairs focuses around the magazine Country Living which has been around since 1978.  According to Mintel Over seven out of ten UK adults currently read magazines. In general, readers of magazines overall are somewhat more likely to be female than male, and are ABC1s than C2DEs. Six in ten women read women’s magazines. 21% read woman’s general-interest magazines.
Description: http://www.at40.com/cimages/var/plain_site/storage/images/repository/photos/drake-at-axe-lounge-miami-beach-wide-audience-shot-from-stage/54365-1-eng-US/Drake-at-Axe-Lounge-Miami-Beach-Wide-Audience-Shot-from-Stage_photo_medium.jpg

Drake
After researching for a while trying to find target markets for Drake I didn’t come up on anything so I decided to look into the target audience for his genre on music. Drake is and R&B and Hip Hop singer so I researched into the types of audience who are influenced by this style of music. R & B and Hip Hop are the pop (i.e. popular music) of today. Like all pop music from the 1950's until now, it’s aimed to the age group of 16-25 year. It's aimed at black and white audiences of both genders, unlike before because the corporates want to maximise revenue so they need to appeal as large an audience as possible. According to Mintel 15% of adults had gone to a pop festival in the last 12 months.
Looking through forums to see who listens to Drake music more males or female, it come to my surprise that it’s more females (16-30)that listen to his music. The way he sings about his relationships and life is in a way females really relate.
From my research I know that these two events have completely different target markets. Though they differ in most ways they actually both target female just of different age groups. For country living to market their audience they are better to market in magazines and through websites popular with women of that age. In Drake case going through social networks (Facebook, twitter) is a better way to relate to his market, also what drake also did was before the tickets come on sale his new album come on sale, meaning he has a lot of coverage around that time.





References



No comments:

Post a Comment