Executive Summary of Message Strategies
Analytical Report
The
purpose of this report is to identify the opportunities for the DIY magazines
and how the increase in the trend of remodeling of houses can promote business.
The people want to change many things in their houses so that their house can
look attractive or can become more useful to them. Through remodeling, the
homeowners not only increase space in their houses but also make it according
to the latest trends. Recent surveys have shown that many individuals have
partially or completely remodel the parts of their home which include bathroom
and kitchen. The research focus on various aspects such as which rooms are most
frequently changed by the owners of the home, the amount spends on remodeling
projects and the task performed in the remodeling projects. The analysis
indicates that there is a huge market for the DIY magazines the DIY magazines
should focus on the activities such as carpentry, painting, tile work and
interior designing. The DIY magazines can help the homeowners to renovate their
homes by themselves in less cost
Contents
Executive Summary. 2
Introduction. 3
Remodeling of home. 3
Literature Review.. 4
Analysis of the Research. 5
Conclusion &
Recommendation. 6
Work Cited. 7
Introduction of Message Strategies
Analytical Report
Due
to the increase in the number of television shows that show remodeling and redecoration
of homes the trend of remodeling of houses has increased up to a lot of
extents. Today the homeowners want to rebuild or renovate their houses like
never before. By keeping the consumer trends in mind numerous DIY magazines are
already providing immense information regarding the renovation and remodeling
of houses. In this report, extensive research is carried out in order to
identify the market for DIY magazines. The report includes three sections. The
first section includes the introduction regarding the remodeling of homes and
describes the current trends. The second section of the report includes the
analysis of the research. The third and last section of the report includes the
recommendation regarding the DIY magazines. The report provides extensive
information regarding the remodeling of homes and identifies the opportunities
for various individuals. In the report tables & figures are also included
for assistance.
Remodeling of home of Message Strategies
Analytical Report
In
recent years the trend of remodeling of homes has experienced immense growth.
The people want to change many things in their houses so that their house can
look attractive or can become more useful to them. Through remodeling, the homeowners
not only increase space in their houses but also make it according to the
latest trends. Recent surveys have shown that many individuals have partially
or completely remodel the parts of their home which include bathroom and
kitchen. It has also been identified that people remodel their bedrooms, living
rooms and a garage as well. There are many opportunities in the market due to
the increase in the remodeling of houses. The remodelers can offer their
services such as designing the houses so that they can become more attractive.
Many organizations can flourish if the business increase in the future. The
remodeling trend has created a huge market for the DIY magazines. Through these
magazines, the owners of the home can make necessary changes in their houses.
Many magazines have already focused on the remodeling of houses and provide a
lot of information, however, research is required to identify future
opportunities and what is the market size of DIY magazines (Katz).
Literature Review of Message Strategies
Analytical Report
In
order to perform research, the various books have been read along with the
journal articles to analyze the trend of remodeling of houses. The research
focus on various aspects such as which rooms are most frequently changed by the
owners of the home, the amount spends on remodeling projects and the task
performed in the remodeling projects. The research has provided brief
information about the activities that are being carried out in the remodeling
project and which parts of the houses are remodeled more frequently (Susanka and Vassallo).
Amount
Spent on Remodeling Projects
|
Amount
|
Percentage
|
$5k
|
5%
|
$5-10k
|
21%
|
$10-20K
|
39%
|
$20-50k
|
22%
|
Above $50k
|
13%
|
Analysis of the Research on Message Strategies
Analytical Report
The
research analyses have shown that 48% of the homeowners have modified their
bathrooms, 60% of the owners have remodeled their kitchen, 44% have remodeled
their home office and 38% have remodeled their bedrooms. The research has
indicated that 90% of the owners have designed the houses by themselves.
According to the collected information, the estimated amount spent on the
remodeling projects is from $5 to $20000. The people have done 85% carpentry,
100% painting, and 90% tile work.
The
analysis indicates that there is a huge market for the DIY magazines the DIY
magazines should focus on the activities such as carpentry, painting, tile work
and interior designing. The DIY magazines can help the homeowners to renovate
their homes by themselves in less cost. The DIY magazines can become a major
source for such individuals who want to renovate their homes (Katz).
Rooms
Most Frequently Remodeled
|
Rooms
|
Percentage
|
Kitchen
|
60%
|
Bathroom
|
48%
|
Home office
|
44%
|
Bedroom
|
38%
|
Media room
|
31%
|
Living room
|
27%
|
Dining room
|
12%
|
Conclusion & Recommendation of Message Strategies
Analytical Report
If
all the above discussion is summarized than it is evident the research analyses
have shown that 48% of the homeowners have modified their bathrooms, 60% of the
owners have remodeled their kitchen, 44% have remodeled their home office and
38% have remodeled their bedrooms. The research has indicated that 90% of the owners
have designed the houses by themselves. The analysis indicates that there is a
huge market for the DIY magazines the DIY magazines should focus on the
activities such as carpentry, painting, tile work and interior designing. The
DIY magazines can help the homeowners to renovate their homes by themselves in
less cost. It is recommended that the DIY magazines should keep the preferences
of the homeowners in mind and then provide information accordingly. The DIY
magazines should continuously focus on the latest trends so that they can keep
on providing the latest information to the public.
Work Cited of Message Strategies Analytical
Report
Katz, Barry. Practical Green Remodeling:
Down-To-Earth Solutions for Everyday Homes. Taunton Press, 2010.
Susanka, Sarah, and Marc Vassallo. Not So Big Remodeling:
Tailoring Your Home for the Way You Really Live. Taunton Press, 2009.