consumer behavior-mtv final (2)
DESCRIPTION
Consumer Behavior-MTV ( Indian Perspective )TRANSCRIPT
Group Group 66
Inception : 1981
Catered to Generation X and Y
A place in the Top 50 brands in
BusinessWeek’s global rating for 2004
• Think GLOBALLY, Act LOCALLY
• Consider the views of young people
• MTV relied on local audience
research
• Osbournes , A program which
depicted the family life in the U.S.
MTV used latest trends in technology to build a relationship with youth.
Extensively used global networks to tap creative ideas.
MTV creating program suited to local tastes.
MTV hired a local staff whenever it entered into new market.
Helps tapping extensive global network
Generate more revenues
Created programs suited to local tastes
Maintained a uniform brand identity.
Provided a set of standards and hired
local staff.
•Hired Local Staff
•Gained Goodwill in new market
•Point of View of that market
•Hired people who were active
participants of the series “MTV
World”
Customised programs : Target market
Italy
India
Music videos, gaming, reality
Extensive Local Audience research
Example : The Osbournes
Gut Instinct : “Jackass”
Interaction through latest technology
SMS, E-mail, phone calls, faxing
Making customers (viewers) work
“You design what you want to watch”
Creative Investment
Bringing Regionalism (Language, Style, Culture)
Bridging Gap between Core programs and
localised entertainment
GLOCAL Programming
Convincing parents of today regarding the
relevance of exposure
‘Youth Lifestyle Cultural Channel’ rather than pure
music channel.
Not able to attract the Gen Z.
Switching over to an alternate channel.