For your chosen product or service, you already somewhat defined your target audience in previous assignments. For this assignment you willrefine your target audienceand provide an explanation for...

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For your chosen product or service, you already somewhat defined your target audience in previous assignments.


For this assignment you willrefine your target audienceand provide an explanation for your reasoning.


(Already designed )You will design a magazine ad and a billboard or outdoor ad to accompany the magazine ad that directly speaks to your identified target market.


You will submit a Word document with all the explanations for your choices. Make sure you include a visual demonstration of what your ads will look like. (Again the Ads are designed and attached along with the assignment) Describe the magazine ad and draw it or find a similar picture and describe your outdoor ad (draw it or provide a similar picture).


####Make sure you explain how the two ads complement each other!


Proposal On Fashion Styling Start-Up “Share-Robe” Proposal On Fashion Styling Start-Up “Share-Robe” Prepared for Please add name of your Professor Please add name of your University/College Submitted By Please add your name here   Project Proposal     “It's not about owning a piece of clothing. It’s about owning the look, owning the experience and owning the night!”  Every year on an average there are around twenty social and cultural events that take place in various universities and college. Which was started as a simple get together events has now evolved into much more sophisticated ones. Everyone wants to look different, desires to have an outfit which reflects one’s personality that make them stand out from the crowd. After all, looks and appearance fall under broader category of nonverbal communication. What one wears at a gathering is not only crucial to improve the social prospects, but also defines how one wants people to see them. But the one that matters most during these special events are the clothes, where almost all of the event’s photos are on the social media with a blink of an eye and what’s more? You simply don’t want to repeat the dress for another event. Even worse, I’m sure you must have figured it out, how much can you spend on the dresses you just wear once a year?  Furthermore, in places like Ohio and Texas where there is a scarcity of proper outlets which keeps style that suits you, fashionable, trendy and up-to date merchandise. Often, it is observed that students desire to wear designer and fashionable outfits, but feels it would be too expensive and would be out of their range, hence, they compromise with their look. Not only this, paucity of proper transport and time poverty compels students to either repeat their dress or undergo the inconvenience and expense to a nearest store to buy a dress which might wear it for this occasion.  Looking at all these points, I have conceptualized and put together an idea, why should we just stop with renting flats, cars, and why not try the concept of renting clothes? Yes, renting is the new cool! So we decided to come up with this idea of online fashion rental service, which would be an extension of one's wardrobe. Share-Robe is a fashion rental company to cater to these young adults who want to wear a different designer outfit in every college event but don’t want to spend much in that outfit. Our service designed to meet these unmet needs and meet the latent demands of college goers. Share-Robe is powered by a transformative business model, coupled with IT and a unique reverse-logistics operation. We aim to make fashion more accessible and available by giving people access to high quality clothes and accessories we’re changing the meaning of ownership — and revolutionizing retail in the process.    References  Scarborough, N. and Cornwall, J., 2016. Essentials Of Entrepreneurship And Small Business Management. 8th ed. Harlow: Pearson Education Limited.  De Cleyn, S. and Braet, J., 2007. The Due Diligence Process— Guiding Principles for Early Stage Innovative Products and Venture Capital Investments. The Journal of Private Equity, 10(3), pp.43-51.
Answered 1 days AfterAug 06, 2021

Answer To: For your chosen product or service, you already somewhat defined your target audience in previous...

Harshita answered on Aug 07 2021
143 Votes
MARKETING MANAGEMENT
Table of Contents
Overview of Proposed Start-up    3
Refinement of Target Audience with Justif
ication    3
Description of Magazine Ad and Outdoor Ad    3
Magazine Ad    3
Outdoor Ad    4
How the Ads are Complementing Each Other    5
References    6
Overview of Proposed Start-up
Advertising is very important in promoting a business because without advertisement, an audience will get to know about the new product. The Share-Robe is designed to keep the youth in mind and their fashion. The product is all about how an individual can afford different styles in the other events of colleges, families, parties, or any big occasion without spending much on it.
Refinement of Target Audience with Justification
The main target audience is the youth. However, in this case, a refinement is required because the youth is broadly classified between the age groups of 12 years and 30 years. Therefore, the target audience here would be the college going students and those, who have joined the professional spaces recently. These would be mainly intended towards college and office parties. Therefore, the ads would aptly published on college...
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