...world need an edge. This paper offers two of them. First, it tells marketers to consider social media not just as a marketing tool, but as a way to continuously build high-level consumer insight. Second, it offers a rigorous method based in anthropology for building social media data into applied cultural insights. That method is called netnography. In netnography, online interactions are valued as a cultural reflection that yields deep human understanding. Like in person ethnography, netnography is naturalistic, immersive, descriptive, multi-method, adaptable, and focused on context. Used to inform consumer insight, netnography is less intrusive than ethnography or focus groups, and more naturalistic than surveys, quantitative models, and focus groups. Netnography fits well in the front-end stages of innovation, and in the discovery phases of marketing and brand management. Netnography follows six overlapping steps: 1. Research planning 2. Entrée 3. Data collection 4. Interpretation 5. Ensuring ethical standards 6. Research representation A short illustration of a computationally assisted netnographic approach to a brand study of Listerine is provided. It demonstrates how insights can be used to inform marketing activities including brand perceptions, brand positioning and repositioning, segmentation studies, new product development and innovation, trend identification, new service models for co-creation of value, social media usage...
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...prior positive interaction with the group on conformity and distinctiveness in consumer decision making.” ! Name: Lavinia Rusu Student ID: 4485335 ! ! Table of Contents ! 1. Abstract .....................................................................................2 2. Introduction ................................................................................3 3. Summary of Article ........................................................................3 a. Conformity. Distinctiveness. Interaction within a group .................3 b. Experiment .........................................................................4 c. Structure ............................................................................5 4. Analysis. Conformity vs. Distinctiveness.............................................5 5. Global Business Consumer Behaviour .................................................8 6. Conclusions .................................................................................9 7. References.................................................................................10 8. Bibliography ..............................................................................11 ! ! ! ! ! ! ! ! !1 ! 1. Abstract The following report has the aim of critically analysing the “If I want you to like me, should I be like you or unlike you? The effect of prior positive interaction with the group on conformity and distinctiveness in consumer decision making” consumer behaviour article...
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...Introduction King Arthur Flour has built a company from a unique culture, centered on a baking community, which eagerly seeks out the high quality and chemical free baking products. The iconic label represents personality traits consumers can relate to such as honesty, purity, and superior strength (Keller, 2013, p. ). As a small company with products used extensively by bakers around the world, King Arthur Flour employee owned company regularly contributes to the future direction of the business (Godes & Mayzlin, 2007, p. 724). This paper will demonstrate how King Arthur made a marketing program from a baking company and their baking activities into a unique business and consumer experience. This paper will also explain how word of mouth has created a unique baking community used to provide support and shared ideas with all consumers. Brand Equity King Arthur Flour’s main sources of brand equity comes from their flour products, which is produced and sold business to business but also their baking equipment, baking products and baking catalogs (Godes & Mayzlin, 2007, p. 726). King Arthur Flour brand equity also comes from their direct to consumer sales through their smaller company stores and cafes which offer baking products, cookware and baked goods for immediate consumption. (Keller, 2013, p. …..). King Arthur Flour has built its marketing program around building and preserving their brand equity by engaging the community, maintaining a quality product and...
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...Consumer Traits and Behaviors Paper Dorothy Mullan, Stephanie Marsh, Sean Phillps, Tony Singleton and Debbie Banks August 18, 2013 PSY/322 Psychology and Research Chancy Marsh IV We define consumer behavior as the behavior that consumers display in searching for, purchasing, using, evaluating, and disposing of products and services that they expect will satisfy their needs” (Schiffman & Kanuk, 2012). Each consumer has individual needs that the markets try to appeal to. Why do consumers buy, when do they buy, where do they buy it and how often are questions that are continually asked. Food, Clothing and shelter are necessary items that consumers need, but markets want to induce consumers into feeling that their products will satisfy their needs. “The key to a company’s survival, profitability, and growth in a highly competitive marketplace is its ability to identify and satisfy unfulfilled consumer needs better and sooner than the competition” (Schiffman & Kanuk, 2012). Each consumer has unique traits and behaviors we will be discussing in the following paragraphs Within the decision-making process there are two major parts psychological and social processes. Three examples of psychological process are, motivation that is a driving force within a person that influences them to take action. This driving force is a tense feel within the person because...
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...Brand Communities: For the love of Brands Smack took a long look at some of the world’s top brands and found the most successful businesses all have one thing in common: a loyal following of everyday consumers. Consumers that form vibrant and loyal communities around a brand, what Smack calls Brand Communities. This white paper is designed to give you a general introduction to the Brand Community, and the benefits and philosophies of Brand Communities to your business. The Changing Consumer If you think that the introduction of the Internet into popular culture was a world changing event, you really haven’t seen anything yet. Right now, as you read this, the very fabric of the Internet is changing. Never mind the billions of web sites currently in existence. Never mind the boundless libraries of both old and cutting edge information all readily available. The Internet has become more than that, it has become a tool that facilitates the most basic of human needs: a tool for conversation. Through blogs, message boards, and sites like MySpace, Facebook, YouTube and Flicker, people are now engaging in conversation with countless others. Engaging others with similar interests. Sharing opinions, photos, news, videos, and taking note of new ideas. People now have networks of friends they have never physically met, networks that surpass international boundaries, all with many shared interests like childhood buddies, music, and more. Brand Communities When looking at brands...
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...within the business environment In current business environment are well connected to social networking especially for global organization. To perform networking, both parties need to play their part. We need take into the consideration of the culture, process, and security of the webpage as well as the benefits of purchasing the product though online shopping. All these will be the effect of social networking. For globalization network, it can’t escape from PEST - Political, economic, social/culture, technology. Social networking may not be effective to build up relationship as no human interaction to the customers however this is the way that can introduce the company product, history and performance to all over the world without any boundaries. Marketing and sales departments playing an important role to build up relationship and trust with their customers and helps to introduce more about the company behaviour. Let’s take an example for “TaoBao” which we can view the website at http://sea.taobao.com/. This is currently famous in e-commerce webpage which created by China. The attraction of the business website is about the price of the product and the multiple choices of products that can browse through and purchase online. Consumer can get the same item in the market using a lower price without stepping out from the house. Nowadays, most of the globalization business has their website to introduce and to update their business trends, promotion and also to purchase through...
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...DOUGLAS B. HOLT Brands and Branding Branding has become one of the most important aspects of business strategy. Yet it is also one of the most misunderstood. Branding is sometimes considered to be merely an advertising function. And many managers and business writers hold the view that branding is about the management of product image, a supplementary task that can be isolated from the main business of product management. This note provides an alternative perspective, arguing that: * Branding is a strategic point of view, not a select set of activities. * Branding is central to creating customer value, not just images. * Branding is a key tool for creating and maintaining competitive advantage. * Brands are cultures that circulate in society as conventional stories. * Effective brand strategies must address the four distinct components of brand value. * Brand strategies must be “engineered” into the marketing mix. This note develops a set of concepts and frameworks to guide the design of brand strategies. From Value Proposition to the Brand Marketing strategies begin with the value proposition: the various types and amounts of value that the firm wants customers to receive from the market offering. The value proposition is value as perceived by the firm, value that the firm seeks to “build” into the product.1 In marketing, the value proposition is sometimes referred to as the positioning statement.2 Common wisdom in business often assumes...
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...Wheeler (2006) indicates that strategically managed a brand will generate awareness and loyalty as it is the core of sales and marketing activities. As in today’s world, brand is an identity in showing differentiation between themselves with other competitors. Brand shows an image, which being perceived by other parties which includes people, consumers, managements and even employees. This is not showing products that being sold in the market, but it is an expression that being given to the brand that they acquired. Kornberger (2010) explains brand in a way that “ truth is not from what contain insides things, but it is the knowledge on how we explore about things” I will emphasis on the topic of employee branding which being define and explain by Miles and Mangold (2004) which associate with individualism, job satisfaction, working attitude and behavioral factors, and the effects towards my satisfaction and loyalty towards company that has different working environment such different cultures, values, objectives and organizational management practices. I will also show some of the argument presented by some researchers which associating with employee branding techniques in order to support my working experiences (eg. Davis & Dunn, 2002; Cardy, 2001; Dowling, 1993;Ind, 2001;Mitchell, 2002;). I will also discuss about how emotional connection (David, 1991;Entwistle, 2000; Stuart, 1999b; De Chernatony, 1999; Mael & Ashforth, 1992) associates with the effectiveness...
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...Christian Andrea (77142477) Prakash Pothina (77144112) Shrey Sugla (77144256) CONTENTS INTRODUCTION 4 LITERATURE REVIEW 4 L'ORÉAL MARKETING PLAN AND CONSUMER BEHAVIOUR 6 Cultural factors: 6 Social factors 7 Psychological factors 8 CONCLUSION 10 APPDENDICES 10 REFERENCES 11 REPORT ON THE EFFECTS OF CONSUMER BEHAVIOUR ON L'ORÉAL MARKETING PLANS ABSTRACT: Consumer behaviour strongly affect the consumer buying process, hence marketers always want to know what is actually happening inside customer's mind in order to provide additional values of products to users to satisfy their needs and wants. However, it is mainly influenced by three key factors - cultural factors, social factors and psychological factors - that are vital conditions for every marketing strategy to be considered before launching in the market. In cosmetic industry, although L'Oréal is the leader of the market, it is necessarily for the company to concern these factors in its marketing plan, so as to gain the market shares and remain its position above rivals such as P&G and Unilever. The report will try to find out the role of consumer behaviour in marketing strategy planning and discover the process of how L'Oreal adapt the three factors to their marketing plans order to achieve success. INTRODUCTION The term consumer behaviour is defined as "the study of how individuals, groups and organisations select, buy, use and dispose of goods, ideas or experiences to satisfy their needs...
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...Journal of Consumer Behaviour, J. Consumer Behav. 11: 467–476 (2012) Published online in Wiley Online Library (wileyonlinelibrary.com) DOI: 10.1002/cb.1396 If I want you to like me, should I be like you or unlike you? The effect of prior positive interaction with the group on conformity and distinctiveness in consumer decision making VERONIKA PAPYRINA* College of Business, San Francisco State University, San Francisco, CA, USA ABSTRACT The extant research points to conflicting results regarding social influence in consumer decision making. On the one hand, there is empirical evidence that suggests that people conform to other members of their groups. On the other hand, several studies demonstrated the opposite pattern, namely, that individuals seek distinctiveness from others in the group. The goal of the present research is to reconcile these contradictory findings. To this end, I propose that whether a person will conform to or seek distinctiveness from others in a particular consumption situation is contingent on the absence or presence of one’s prior positive interaction with the group. I also suggest that this effect will occur in a public context, that is, when an individual’s choice is visible to other group members. The results of experiment supported these propositions. Copyright © 2012 John Wiley & Sons, Ltd. Suppose Alice wants to start figure skating and goes to watch a training session conducted by a local skate club before making the final decision. She likes what...
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...Customer Experienc Nai-Wen Kuo1 1 An-Yi Liu1 Graduate Institute of Information Management, Chinese Culture University (Eric and Ferry,2001 Riyad and Myfanwy, 2002 Roger, James and Ghada,2003 Kuo and Liu,2005 ) 1 Global reach The Internet helps business reach the whole world. 2 Real-time access The Web makes it possible for customers to interact immediately. 3 Information density The technology reduces information costs and raises quality. 4 Richness Multimedia and information can become vivid. Abstract This paper is intended to integrate Internet Marketing, Customer Experience, E-brand and Integrated Marketing Communications to develop a high benefits Internet Marketing Framework. This framework not only can combine marketing resources effectively, let enterprises obtain the greatest benefits; it also provides total consumer experience and increase customer satisfaction. On the other hand, this making a more successful customer relationship management and customer experience on internet marketing can be achieved. Furthermore, we make the application of internet marketing will be more extensive and convenient. Keywords: Internet Marketing, Customer Experience, E-brand, Integrated Marketing Communications. 3. Integrated Marketing Communications ntegrated Marketing Communications (IMC) is capable of enhancing the holistic consumer experience and creating a holistic brand value structure, which can unite the consumer’s sensory, emotion, social and intellectual experiences...
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...Do logo redesigns help or hurt your brand? The role of brand commitment Michael F. Walsh West Virginia University, Morgantown, West Virginia, USA Karen Page Winterich Texas A&M University, College Station, Texas, USA, and Vikas Mittal Rice University, Houston, Texas, USA Abstract Purpose – Logos are a critical component of brand aesthetics. Frequently companies redesign their logos, and many redesigns result in more rounded logos. How do such redesigns affect consumers’ brand attitudes? The purpose of this paper is to explore the role of brand commitment on consumer response to logo shape redesign. Design/methodology/approach – This research uses a field experiment with 632 respondents and examines two athletic shoe brands: New Balance and Adidas. Findings – The greater the degree of change in the roundedness of a previously angular logo, the more likely it is that strongly committed consumers will evaluate the redesigned logo more negatively (in terms of brand attitude). Such logo evaluations, in turn, mediate the joint effect of logo redesign and commitment on overall brand attitude. Conversely, weakly committed consumers react positively to such changes. Research limitations/implications – The literature on aesthetics and brand attitude are combined to show that not all consumers view changes in brand elements such as logos similarly. Strongly committed consumers view these changes negatively; weakly committed consumers view them positively. An information-processing...
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...assets. Such intangible assets like brands, corporate reputation and organizational’s work culture, have most important sources to gain sustainable competitive advantage.This cability in build and leverage the value of intangible assets shapes the core organizational competency, and recognized as intellectual capital (IC), which has become the most wealth creator in organizations. In other words, the performance of organizations will be determined by their IC. The decison makers must deeply understood that IC for now becoming a major source to have organizational’s sustainable competitive advantage, which proven as the fundamental steps of successful business....
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...Ethnic Consumers Consulting Case Report Qi Wu Situation Analysis The main problem in this case is the different cultural values among different classes of people like middle and upper class and the challenge is to differentiate brands on the basis of the culture among both social classes. This case is about the Indian products related to the cultural values and the advertisements of such products which influence the culture of the people of specific area. In the case, the target market is Indian market and the products are Fair & lovely, Fair ever cream and parachute hair oil. These are the products which are very familiar in Indian market. In this case there is a research on different type of social classes which are targeted by the advertisement of these products. These advertisements influence the purchasing behavior of consumers by affecting their...
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...Running Header: Product Reassessment Product Reassessment MKT 100, Principles of Marketing November 29, 2012 Abstract The purpose of this paper is to thoroughly speak about choosing a consumer product or service that is on the market today that does not appeal to the consumers and is near obsolete. I am going to identify the key elements by touching on US Census Data, why the product is declining in popularity and discuss the best foreign country that can use this product. 1. Discuss this product in terms of its repositioned target market demographics using U.S. Census Data. My product that I chose was the CD player. Technology has had an enormous impact on our society throughout our history as I reported. The music industry has been around since the 1960’s and music has influenced politics, culture, and social issues. Repositioning the cd player within the United States could be a challenge due to the enormous display of the most updated technology the Mp3 player and the IPod and I pad. As you can see, these three technologies have many of the same functions, but the way that they store music and how they read music are totally different. Before you can really understand the differences between these, the consumer or the company needs to grasp what each of these technologies is capable of. For example, a CD player can be referred to a stereo and the iPod and Mp3 player can be plugged into a port that is connected to speakers. These are good examples for...
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