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Viacom

Viacom Networks is a very large organization that caters to the needs of many different people young and old. A need is something that is required or wanted. They fall into two categories, either biological or psychological. Viacom’s operations include three networks that accommodate these differences. MTV, Nickelodeon, and VH1 produce huge profits for Viacom by catering to moody teenagers, fickle kids, and music loving baby boomers. They have become part of the entertainment lifestyles of three consumer generations. They key is connectivity with the mindset of each core market segment. With nearly $625 million in earnings, their profit margins have been the envy of other broadcast networks and Hollywood studios.

The stages of the family life cycle are being used by each of the networks in order to reach viewers successfully. As families age, they progress through a series of predictable stages, called the family life cycle. At each point, unique problems and life situations must be addressed. The MTV Networks have a thorough understanding of each stage, which gives their marketers powerful insight into the needs and expectations of families.

The first stage is Young Singles. Young singles are in the process of setting up th


The next group is called Working Empty Nesters. This category contains three types of consumers: Middle-aged singles, married couples with no children, and married couples with grown children who have left home. Working Empty Nesters are free to travel, pursue hobbies, and explore new lifestyle options. VH1 is the channel that probably would be geared to this group. This group is sometimes referred to as MTV graduates and baby boomers. Baby boomers are those people born between the years of 1946-1964. They are the largest U.S. generation. They account for approximately thirty percent of our population. They are sometimes referred to as the Vietnam, Woodstock, or Sixties generation. Working Empty Nesters want to not only hear oldies but also contemporary artists like Jewel and the Wallflowers. In developing VH1, its president John Sykes wanted “a focused adult channel with a singular vision…music first.” He also believes that adults are looking for entertainment with context, such as information about song. Three shows that are on VH1 that cater to this are Behind the Music, Hard Rock Live, and Pop up video.

The next group is the Retired Empty Nesters. Retired Empty Nesters are defined as consumers that are economically and socially diverse and are approaching the age of seventy. The only show on MTV that probably would cater to them would be one called Be Heard: an MTV global forum with Colin Powell. These individuals probably would stick with Nickelodeon. Nickelodeon has Nick at Night that has such shows as Cheers, the Cosby Show, All in the Family, and I Love Lucy.

The next group is called Full-Nesters. Full-nesters are classified as those individuals that are either single, divorced, or married that have children in the picture. Household budgets for full-nesters increase with every category of purchase. New expenses also emerge such as diapers, day care, toys, piano lessons, and so forth. This group is mostly catered to by Nickelodeon. Nickelo

Some topics in this essay:
Viacom Networks, Empty Nesters, VH1 Viewer, Nickelodeon VH1, MTV Networks, Real World, Full-Nesters Full-nesters, MTV Cribs, McGrath Nickelodeon, John Sykes, empty nesters, baby boomers, probably stick, retired empty nesters, influence consumer’s behavior, values influence consumer’s, family life, married couples, life cycle, nick night, middle-aged adults, sometimes referred, norms values influence, sets people norms, retired empty,

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Approximate Word count = 1328
Approximate Pages = 5 (250 words per page double spaced)


  

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