On 29/4/2007, VTV6 was officially launched, mainly propositioning as a specialized television channel for young people. The channel was paid a lot of attention to and taken into consideration with a great deal of expectation at the time of its launch. 30,0000 USD was invested for VTV6 to hire a brand consultancy, Richard Moore, to develop a totally unique and appealing brand identity for the channel. This was also the first time in history VTV had spent money on brand building. What has been happening for the past 7 years since the launch of VTV6? By the end of 2012, once again, the channel of VTV6 admitted a loss of approximately of 2.3 million USD/total investment of nearly 5 million USD. Marketing expenditure accounts for 8% of the total expenses, around 400,000 USD. However, another amount of 500,000 USD spent in cross promotion on other channels of VTV was not considered as expenditure as it belongs to internal activities. While it takes an average television channel from 3 to 5 years to start making profit, VTV6 has experienced 7 years’ operation in loss situations. It is high time VTV6 should reconsider all of their activities and what should be done the first is to review its positioning strategy. Our study proposes to review whether or not the brand positioning strategy of VTV6 is still effective and relevant to its target viewers in the competitive market nowadays. What are shortcomings and mistakes of VTV6 in their brand positioning strategy? What are some solutions to reposition VTV6 brand more effectively? These questions are so challenging, but still inspiring which we, authors of this final project, are ready to face up with.
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