Friday, 7 October 2016

Understanding Audiences


UNDERSTANDING AUDIENCES

WHY ARE AUDIENCES IMPORTANT TO MEDIA COMPANIES?

They are important, because an audience are the people who buy the products, hence why the company will make a profit. It’s important that a company knows about their audience, because that’s what makes them more likely to be successful.

DEMOGRAPHICS (WHAT / WHY)

Demographics are a method of categorising an audience into their ‘potential audience’. This can include: gender, age, religion, social grade, and ethnicity/race. They get this information by using questionnaires and focus groups, and they want to know this information so that they can base their product upon their potential audience. – And as I’ve already said, an audience is usually the people who make the company money.

 VALS / PSYCHOGRAPHICS (WHAT /WHY)

VAL stands for ‘Values and Lifestyles’, and together with psychographic profiling, they are the type of person you’re based on, in which involves your attitudes, interests, and values.

 Companies use psychographic profiling to find out what the audience is like, using their different qualities of being them, including their ‘values and lifestyle’. This helps with marketing a product because the company now knows what brands and other associations to the audience, to help them sell their own product.

Why is psychographics different to demographics?

Psychographics are based upon a lifestyle, and more about the mind of the audience, whereas demographics are more based upon a physical standard of the audience.
 

. . . . . . .

Cross Cultural Consumer Characterization (4Cs for short). This classification model is presented in the table below


Which of the above profiles would typically buy a music magazine and why?
I believe that the ‘Explorer’ profile would typically buy a music magazine, because usually the audience that buys music magazines are younger and usually students. They also want to experience things because they’re so young (going to festivals or concerts).
Example of VALS:
State what VALs you are based on your answers to the questions.
A ‘Striver’, and a ‘Survivor’.
Explain what the titles mean (what is a striver? Etc.)
StriverThey are active consumers within the market, and they use video games as a form of fantasy. They are fun loving, intimate, and rely heavily on public transport. Not only this, but they wear their wealth.

ExperiencersThese are avid consumers, and they spend a lot of money on fashion, entertainment, and socialising. They purchase these things in attempt to look ‘cool’. This includes wanting everything.
Thinkers Thinkers usually do their research before they do something, and enjoy a historical perspective. They are also usually financially established. Unlike experiencers, they don’t buy what’s new and cool, but buy proven products. Furthermore, they use technology in functional ways.   
InnovatorsInnovators are always taking in information, and are confident enough to be able to experiment. They also make the highest amount of financial transactions. Moreover, they are self- directed consumers, and enjoy the challenge of problem solving.
AchieversThese are family and job orientated, and they are fully scheduled, goal orientated, hardworking, moderate, private, and professional.
Believers Believers believe in basic rights and wrongs lead to a good life, and they rely on being spiritual, and faithful to provide inspiration. They resort to TV and romance novels for a way to escape.
Makers Makers are distrustful of the government, and have a strong interest of automotive things. They have a sharp belief of gender roles, want to protect what they perceive as theirs, and want their own land.
Survivors – Survivors are cautious and risk averse, and are quite thrifty, but usually the oldest of consumers.  They take comfort in routine, and are heavy TV viewers. They are also loyal to certain brands and products.  
 
 
How far do you agree with the categories you have been given?

 
I do agree with the categories that have been given to me, as I love to play video games, and I admit I do love to watch a lot of TV series. Though I disagree partly with being a survivor, because I’m a young consumer.
 

Questionnaire

This is my questionnaire in preparation for my music magazine:
 
 
 
 
 

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