programs attracting more and more viewers 2. Viewers may not like new programs, which may lead to drop of TFC out of main cable operators
1. Finding loyal untargeted
segment 2. Ability to increase rating and Households rating, and increasing profit
SWOT
3. Bad position vs.
competitors Low average rating 1. Most of the management unwilling to change to new strategies 2. Using generalized market strategy Fashion for Everyone
1. TFC was the only dedicated
network to air fashion related content for all groups 24/7 2. CEO of TFC ready to spend more than $25 million in advertising, promotion and public relation 3. A good resource in the form of Dana Wheeler with good experience in advertising
SWOT Analysis of TFC
Competitors of TFC There are two main competitors for TFC in the fashion market. I. Lifetime II. CNN
Both competitors had launched fashion-specific programming blocks
Lifetime attracting younger female demographics CNN attracting all men segments
Wheeler had to react against these new programs, so she focused on
previous research study on customer satisfaction. The recent Alpha research study on customer satisfaction with cable networks showed that TFC was facing additional competitive challenges in its attractiveness to cable affiliates. On a scale of 1 to 5 (with 5 being the highest possible score), TFC had achieved a 3.8 rating on consumer interest in viewing, while the two competitors with new fashion programming had scored higher: CNN had scored 4.3 and Lifetime a 4.5 On awareness, TFC had scored 4.1 while CNN scored 4.6 and Lifetime a 4.5. On perceived value TFC was at 3.7, CNN 4.1 and Lifetime 4.4.