Executive Summary
The
aim of this report is to provide the deep insight into the remodeling of houses
and explains whether there is the market for the magazines or not. The report comprises
of three parts. First part is the introductory part which explains the
redecoration of houses and what trends exist in the market. The second part of
the report includes the assessment of the research and last part focuses on the
recommendations regarding the DIY magazine. The researchers have identified
that there are many people out there who completely or partially renovate or
remodel some parts of their houses. Kitchen, bathroom, dining and living room
are those parts of houses which have been remodeled the most. The remodeling
business has experienced immense growth and opens many opportunities for the
home decorators and those businesses which provided services for remodeling of
the house. After performing the research and assessing the various factors
thoroughly it can be said there is a huge market for the DIY magazines. The DIY
magazines should focus on the activities such as painting, carpentry, and
designing.
Table of Contents
Executive Summary. 2
Introduction. 3
Home Remodeling/Redecoration. 3
Research Methodology. 4
Findings of the Research. 5
Conclusion &
Recommendation. 6
Work Cited. 7
Introduction of DIY
Magazines
In
recent years due to change in the taste and preferences of the people the
people are looking for some new ways to remodel their houses according to the
latest trends. The media has also played the major role in making the trend of
redecorating the houses popular among the people. Since the increase of
recodification of houses, many DIY magazines have started focusing on the
remodeling of houses and provide a different kind of information to its
readers. This analytical report focuses on the remodeling of houses and
explains whether there is the market for the magazines or not. The report
comprises of three parts. First part is the introductory part which explains
the redecoration of houses and what trends exist in the market. The second part
of the report includes the assessment of the research and last part focuses on
the recommendations regarding the DIY magazines. The report provides deep
insights into the remodeling of homes and why there is the market for the DIY
magazines.
Home
Remodeling/Redecoration of DIY Magazines
With
the passage of time, people get bored by looking at the same old design of
their house. Many people today want their house to look modern that has all
those aspects which the modern or latest houses have. Therefore, homeowner
redecorates or reconstructs their house so that they can make it attractive or
according to the trends that persist in the society. The researchers have
identified that there are many people out there who completely or partially
renovate or remodel some parts of their houses. Kitchen, bathroom, dining and
living room are those parts of houses which have been remodeled the most. The
remodeling business has experienced immense growth and opens many opportunities
for the home decorators and those businesses which provided services for
remodeling of houses. Remodelers today cannot only provide designing and
technical services but can also provide information about various trends that
exist in the market (Dickinson).
There
is a lot of opportunity for the DIY Magazines as well because such magazines
can provide unique and informative ideas to the people who want to remodel their
homes. The magazines can cover different aspects of remodeling and help the
homeowners to decorate and design their own home without the help of
professionals. Currently, there are many DIY magazines which are focusing on
the remodeling of houses however the research is required to know the size and
potential of this market and whether there is a chance of future growth or not.
If the trend of remodeling keeps on going with the same pace than it can be
said that many organizations will form which will provide the facilities of
redecoration and recodification of houses (Dickinson).
Research Methodology of
DIY
Magazines
For
gathering the information about the remodeling of houses and what trends
persist in the market various books have been thoroughly reviewed along with
some famous magazines who focus on remodeling and designing of homes. In
gathering the information various factors have been considered such as which
parts of houses are remodeled most often, how much money is spent on the
remodeling of homes and which activities are most commonly performed by the
homeowners in the remodeling of their houses.
Money
spent on Remodeling of Homes
|
Cost
|
Percentage
Spent
|
5000
|
5
percent
|
5000-10000
|
21
percent
|
10000-20000
|
39
percent
|
20000-50000
More
than 50000
|
22
percent
13
percent
|
Findings of the Research
for the DIY
Magazines
The
findings of the research have shown that 60 percent of the homeowners have
remodeled the kitchen, 44 percent of the house owners remodeled the office and
48 percent of the house owners have redecorated or remodeled their bathrooms.
38% percent of the people have made modification in their bedroom to make it
more attractive or useful. The findings of the research show that 90 percent of
the people have designed their house. There was approximately 80 percent of
people who have performed carpentry and 100 percent have done the painting. The
research has indicated that the maximum amount spent on the remodeling of houses
ranges from 5000 to 20000 (Dickinson).
After
performing the research and assessing the various factors thoroughly it can be
said there is a huge market for the DIY magazines. The DIY magazines should
focus on the activities such as painting, carpentry, and designing. The DIY
magazines can become a huge source of information for those homeowners who want
to change their houses. In the future, it is estimated that the trend will
further increase because the demands of people keep on changing and DIY
magazines can provide brief information in this regard (Katz).
Parts
of Houses Remodeled Most Often
|
Parts
of Houses
|
Percentage
of Remodeling
|
Bathroom
|
48
percent
|
Kitchen
|
60
percent
|
Bedroom
|
38
percent
|
Dining
room
|
12
percent
|
Media
room
|
31
percent
|
Living
room
|
27
percent
|
Conclusion &
Recommendation
It
is concluded that there is a huge market for the DIY magazines. The DIY
magazines should focus on the activities such as painting, carpentry, and
designing. The DIY magazines can become a huge source of information for those
homeowners who want to change their houses. The magazines can cover different
aspects of remodeling and help the homeowners to decorate and design their own
home without the help of professionals. The findings of the research have shown
that 60 percent of the homeowners have remodeled the kitchen, 44 percent of the
house owners remodeled the office and 48 percent of the house owners have
redecorated or remodeled their bathrooms. 38% percent of the people have made modification
in their bedroom to make it more attractive or useful. It is recommended to the
DIY magazines to keep on assessing the latest market trends and change their
content of the magazine accordingly. If the magazines keep on upgrading with
the passage of time than it is possible that the will achieve the huge amount
of success.
Work Cited of DIY Magazines
Dickinson, Duo. Staying Put: Remodel Your House to
Get the Home You Want. Taunton Press, 2011.
Katz, Barry. Practical Green Remodeling: Down-To-Earth
Solutions for Everyday Homes. Taunton Press, 2010.