This research evaluates the role of comedy theatre in marketing development and identifies areas such as media monitoring, technological expertise, viral marketing, communication strategy, and pricing and promotion strategies. It also discusses the impact of technology on event execution and presents a project timeline for successful management.
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1 Table of Contents Task 2: Background and role of the research...............................................................................................2 Task 6: Timing............................................................................................................................................3 References...................................................................................................................................................5
2 Task 2: Background and role of the research The specific research based on comedy theatre has been evaluated to discuss in which areas the marketing activity fits for the development of a marketing program. The research focuses upon the businesses which get influenced by comedy theatre. It seeks to identify any restrictions based on the action plan. The particular areas in which comedy theatre fits into the developmentofmarketingprogramaremediamonitoring,technologicalexpertise,viral marketing, developing a communication strategy and pricing and promotion strategies (Scott, 2016). All these areas in marketing development help the organization to fulfill long-term market development goals. With the help of the media, monitoring helps the organization to measure the intangible quality of the brand. It has the benefit of highlighting the negative factors and can control it. Moreover, viral marketing makes use of social media and other online tools to develop a viral marketing campaign. Thus, to develop a marketing campaign the company makes a wise of viral marketing. The organization also makes use of technologies to enhance market strategies to attract a massive number of customers(Nagy, 2015). For the development of a marketing program, the organization also makes use of advertising and video marketing to engage the audience to have a visual experience. Comedy theatre puts an impact on most of the business units such as the film industry as most of the people seek to buy tickets of a comedy show rather than a movie. This greatly affects the economic status of the organization. It is observed that 25% of people in Australia have been to a comedy theatre. A number of people go to watch a comedy show yearly. The people who are involved in this are partners, directors, and stakeholders. Based on the action plan that is to be taken to enhance marketing for the organization there occurs some constraints. Constraints such as technology possess various limitations on the marketing of comedy theatre. Digital platform provides less number of opportunities to increase profitability (Balme, 2015). The online streaming services put a great barrier for comedy theatre to grab the attention of the audience.
3 Task 6: Timing SR/ No. Events1st No v 2nd No v 3rd Nov 4th Nov 5th No v 6th No v 7th Nov 8th Nov 9th No v 10th No v 1Planning 2Ideas for research 3Interviewing 4Interview editing 5Creating script 6Recording presenter 7Finalmixingand editing While making a plan to execute an event technology puts a wider amount of restrictions or limitations on the execution of the event. Various factors based on technology such as digital platforms and online streaming services will put a great impact on the organizational marketing
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4 strategy. The above timeframe presents the objectives of the organization to execute the event effectively.Bypreparingthefollowingprojecttimeline,theorganizationcouldmeetits particular objectives for the successful management of an event. Technology may put an impact on the particular areas such as editing the interviews and recording presenter, but rest of the process will be executed systematically (Vincze, 2015). The developed project timeline will prove to be beneficial for comedy theatre for the proper management, and it will help the organization to achieve the developmental goals. Each stage shown in the timeframe have great importance for the proper management of an event. Therefore, it is observed that with the help of the above timeframe the organizational objective could be achieved successfully.
5 References Balme, C., 2015. Managing Theatre and Cinema in Colonial India: Maurice E. Bandmann, JF Madan and the War Films’ Controversy.Popular Entertainment Studies, (2), pp.6-21. Nagy, A., 2015. Jon Stewart (Ed.): The Heibergs and the Theater-Between Vaudeville, Romantic Comedy and National Drama.European Journal of Scandinavian Studies,45(2), pp.240-248. Scott, S., 2016. Feminism as a Marketing Tool: Calgary’s Urban Curvz.Canadian Theatre Review,165, pp.48-54. Vincze, J.W., 2015. Is Marketing the Answer to the Crisis in Performing Arts? Another Viewpoint and Model. InProceedings of the 1982 Academy of Marketing Science (AMS) Annual Conference(pp. 362-365). Springer, Cham.