Back in 20011 I
purchased my first home at the age of 25. Homeownership was foreign territory
for me but I was ready and anxious to embark on the journey. I moved into my
home and began doing things around the house to make it my own. I went out
bought all the necessary appliances, lawn mower, and many different
miscellaneous necessities. It was around this time that I got into HGTV. Of
their many shows, House Hunters quickly became a favorite. Even though it has
been revealed that the show is scripted, it still interested me. One of the
things that really interested me is the way the entire network runs its channel
as a business. They are marketing for a very specific group and all their ads
have something to do with homes.
Things like
exchange value are evident in shows like House Hunters. This is the value of
good in the market. Every time before an offer is put in on a property, a fair
market analysis is done to give the potential owner a general idea what a good
offer to make would be. Based off of this exchange value, the purchasers submit
an offer and wait to hear back from the realtor. HGTV is
a prime example of niche marketing. This is the marketing of things
specifically to different groups in different ways, and creating programs that
do the same. The network has shows that target males and females alike. HGTV
airs shows from fashion, to design, to contractor shows. Some examples of this
are Property Brothers, Design Star, and Holmes on Homes. These shows target
different groups of people all in the same industry. Business of media is
clearly evident in networks like HGTV. It’s always nice to see programs like this
on TV instead of the typical shows on other networks that focus on selling
sexuality to the general public.