preview

Analysis Of Robert Sinclair 's Media Essay

Good Essays

In Summary Robert’s Media’s is a publisher of an industry-leading upmarket fashion magazine, whose customer base is ‘affluent 45 to 54-year-old woman’. Currently, the business is struggling to succeed in its current market due to; the 2008 recession, competition from other magazines and a consumer movement from print to digital media. Due to this struggle the business currently has poor financial performance, which has led to a fall in the firm 's share price, thus there was a Board decision to appoint a new CEO, Harry Gardner, who has experience in marketing for a national newspaper, magazines, and a subscription television channel. Harry 's set a corporate aim to improve ROCE to at least 8% within two years, he also suggests a transformational change in strategy. This involves the migration of Roberts Media print titles to a digital format, which will result in a 20% market share.

Overall I believe that the Directors of Roberts Media plc should accept Harry Gardner’s proposal. Due to the fact the business is suffering from falling; sale and profit level 's (12% fall in the last year). This was caused by a reduction in the popularity of the magazine as it is undifferentiated and the market is very saturated. By following Harry’s proposal the company will move into a growing market quickly, before other competitors, as a result of this, they will quickly conquer a 20% sustainable market share of the online magazine sector, together with an expand in their target market

Get Access