...and Consumer Sciences, Florida State University, Tallahassee, Florida, USA Assistant Professor, Department of Consumer Sciences and Nutrition, Laval University, Quebec, Canada Keywords Clothing, Consumer behaviour, Fashion, Image, Innovation, Marketing strategy Abstract Describes the results of a survey of 281 adult women in the state of Florida. We used the 15 adjective pairs of the Malhotra self-concept scale to measure their self-image. A valid and reliable self-report scale measured their fashion innovativeness, thus identifying those consumers most likely to buy new fashions after they first appear in the market. T-tests compared the mean scores on the self-image adjective pairs between 30 innovators and 251 later adopters. Pearson correlation analysis was also performed. The results of both analyses showed that the fashion innovators described themselves uniquely as more comfortable, pleasant, contemporary, formal, colorful, and vain than the later adopters. The results were quite consistent with an earlier published study of college students, lending confidence to this approach to profiling fashion innovators and suggesting that using self-image could be a fruitful way to appeal to these important consumers. Fashion innovativeness Introduction Fashion marketers, clothing theorists, and consumer psychologists all study fashion innovativeness in order to better understand the behavior of fashion innovators and the process of fashion diffusion. Fashion innovators, after...
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...Previously, fashion trends were established by “the big couture houses”, whereupon consumers would try to emulate these styles, but over the past few decades, trends are now determined by consumers and then tracked by the designers. (The Cool Hunt). Using "coolhunters" allows a company to better accommodate its customers by providing more customized merchandise. It obviously is not a perfect tool to establish current trends, but it assists marketers in better understanding its consumers. By distinguishing specific regional, cultural, and age- and gender- related differences that develop the various needs, wants, demands, and desires of different target markets, companies are given the opportunity to provide what it is that these groups are seeking; providing guidelines for what to expect. “Coolhunting is not about the articulation of a coherent philosophy of cool. It’s just a collection of spontaneous observations and predictions that differ from one moment to the next and from one coolhunter to the next.” (The Cool Hunt). Businesses often produce merchandise that has the potential to excel, but because of insufficient research, this merchandise gets directed towards the wrong market. An example of this, given from The Cool Hunt, involves a representative for Reebok. The company’s DMX RXT model was unsuccessful in its originally placed women's department, but after consulting with male consumers, it was revealed that the company could improve sales of the shoe simply by marketing...
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...to that person's character and personality. The Values, Attitudes and Lifestyles (VALS-2) are a psychographic research method which was developed around this concept and attempts to divide consumers into eight archetypal categories which describe their patterns of consumption. These categories include innovators, thinkers, believers, achievers, strivers, experiencers, makers and survivors. The innovator is the success story. He has the highest income of all and makes purchases based on an image of sophistication. Just as many success stories, the innovator's value of personal development often drives them to various intellectual activities, creating a very well-informed and politically active social persona with a high amount of social and financial resources. This produces an optimistic and self-confident archetype, which is involved in various organizations and is also very outgoing and open to change. These are the leaders in our business and government. As a consumer, the innovator prefers products which reflect good taste and character and their open-mindedness makes them very receptive to new ideas, technologies and products. However, cutting-edge products often come at a risk. Experience in the market, as well as a drive towards intellectual pursuit makes innovators very skeptical of advertising. The thinker is one who values education and travel. This individual is typically politically moderate and relatively tolerant of others. His leisure time is...
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...hybrid segmentation that include attributes from 2 or more. | |Consumer-rooted |Consumption-specific | |Facts |Demographic factors |use-related characteristics | | |Geographic factors |use-situation factors | |cognitions |Psychological factors |benefit sought | | |Psychographic (lifestyle) characteristics |hybrid segmentation | | |Sociocultural variables | | 1. Facts can be determined from direct questioning and categorized by a single objective measure. (Quantitative) 2. Cognitions are abstract抽象的 and can be determined only through more complex questioning, and where most of the constructs measured have no single, universal definition. (Qualitative) 3. Consumer-rooted features stemming from the consumer’s physical, social, and psychological characteristics. 4. Consumption-specific...
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...MT459 Consumer Behavior Unit 8 Kaplan University September 24, 2013 Consumers follow many steps in their quest to select, secure, use and dispose of products and services that satisfy their needs. Marketers can satisfy consumer needs only to the extent that they understand the consumers. The five factors that influence consumers are: problem recognition, information search, alternative evaluation, purchase decision and post purchase behavior, also known as the what, where, when and how consumers will buy. These five factors can also be described as: physiological factors, socio-cultural factors, personal factors, psychological factors and rational factors. For example, the physiological factors relate to physical protection and commodity, among others. The socio-cultural ones comprise family, friends, work, the social groups with which the consumer identifies with and that influences the purchasing behavior. Family and friends play a role in the influence on a consumer, as he or she will try to follow the tendencies of the group. Consumers coming from different cultures have different preferences respective to brands and products. The purchase decision is also influenced by personal factors, namely age, consumer's life cycle stage, occupation, economical level, way of life and personality. The financial capacity is a factor that influences the purchasing process, the higher it is, the higher the acquisition power. In other words, demographic factors, age, monthly...
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...InFo Vol. 11, No. 1 April 2008 pp. 33 - 50 FEATURE Leadership Styles of Information Technology Administrators in Selected Philippine Adventist Educational Institutions Adrian Schmidt Abstract: This study investigated the relationship between the Leadership Style of Information Technology (IT) administrators in selected Adventist colleges/universities in the Philippines, and the perception of the consumers about IT services. Significant differences were found in the perceptions of IT services when consumers were grouped by age, number of years in the institution, and level of education completed. Significant differences were found between the faculty, staff and students, with students indicating less favorable perceptions of IT services. Negative correlations were found between the attitude of consumers toward the IT department and the authoritative component of leadership, and a positive correlation was found between a laissez-faire style and attitudes of consumers toward the IT department. Information Technology (IT) departments are often perceived as being characterized by a lot of movement, speed, and the sense of never having enough time. But, are there differences between IT departments? Is there a way to differentiate between IT departments that produce better results and those that are always behind schedule? Between the best IT leaders and the mediocre ones? What are the factors that influence people’s perceptions of IT services? Does leadership style influence their...
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...2. The typical users for all whiteners are predominantly females between the ages of eighteen and fifty-four. Most of these women are college graduates or have had some college experience in their lifetime. Users are well informed about whiteners because most of them work in the health care and sales industries. Also, users tend to be Black or Hispanic and live in households that have an average income of $150,000 and over. The marital status for the typical user will be single or divorced and may live in the Southeast or Pacific regions of the United States. Users who use whitening gels are females between the ages of eighteen and fifty-four. Most of these individuals have a high school diploma or do not have one at all. Just like the demographic for all whiteners, whitening gel users are Hispanic and have jobs in the health care and sales industries. Furthermore, gel users are single or divorced, living in households with income between $10,000 and $30,000. And finally, gel users’ geographic locations are in Southeast or Southwest regions of the United States. Users who are using whitening strips tend to be females between the ages of eighteen and fifty-four. Secondly, strip users are single and have an income between $75,000 and $150,000. Most strip users have graduated from college or have had some college experience. Also, these individuals are predominantly white, have occupations in health care, education, or sales, and live in the Southeast or Pacific regions of...
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...Product Strategy 10 B. Place/Distribution Strategy 10 C. Price Strategy 11 D. Sales Strategy 11 E. Operations Strategy 11 F. Development Strategy 12 Advertising & Promotion 12 Survey (25 People) 13 Rodgers 5 characteristics 15 Relative Advantages: 17 Compatibility: 18 Complexity: 19 Triability 19 Observability 20 Sources 21 EXECUTIVE SUMMARY Business Description Micro Life is an innovative, convenient all-in-one card for those who use to carry all their cards in their daily life. Because of Micro Life, consumers will not have to carry them around. Micro Life wants their customers to experience the new technology; they will be able to move around without having to worry about losing their IDs or Credit Card. This card can hold up to 10 pieces of information or transaction cards.. We have a contract with Chase, Bank of America, different hospitals and some retailers. By using the card, the consumer is able to pay, travel, get in his car or house as fast as he can say “Micro Life”! Our Mission Statement Designed to make your daily life easy, convenient and secure, Micro Life can be used in all stores, websites, banks partners. It allows you to take live your life without worrying about losing your important information, carrying your credit card or healthcare card. Micro Life, designed to make life easier. Designed to make your daily life easy, convenient and secure, Micro Life can be used in all stores, websites...
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...VALS Framework and Segment on Laptop: Innovator. # successful, sophisticated, take-charge people. They are directed towards the “Finer things in life”. so they will choose apple laptop as Apple is playing the most active role and has the superior brand value in this arena. # Image is important to Innovators, not as evidence of status or power but as an expression of their taste, independence, and personality. Prefer those products which will express their taste, independence and character. Apple is the best match for them to express this type of people. MacBook has stunning display and it is slim, powerful, light and fast which also gives excellent quality # change leaders who are most receptive to new ideas and technologies so they are the group of people who will be changing their product frequently. # Innovators posses highest income. Apple plays the active role and requires highest price- MacBook’s price range is from $887- $ 2712, and they can afford it. #For their high self esteem they like to lead and Apple helps them with its high quality. MacBook’s processor type is Intel core processor of different generations. Thinkers. # Thinkers are highly motivated by standards. HP (Hewlett-Packard) is a standard brand for laptops. Its installed ram is 1-8 GB, hard drive capacity 100- 2000 GB based on variety and display size is 17-19 inch # They have enough financial resources, but...
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...[pic] LOGIN LOGOUT CONTACT US search Advanced Search [pic] Experiencer/Innovator [pic] Your primary VALS™ type is Experiencer, and your secondary type is Innovator. The primary VALS type represents your dominant approach to life. The secondary classification represents a particular emphasis you give to your dominant approach. Would you be willing to take another short survey? See below! Are you interested in a chance to win a 32 GB iPod touch or an Amazon.com gift card? Would you be willing to answer questions about morality, disgust, and your buying styles? Your answers to general questions about these topics will help us understand better possible changes in people's attitudes by generation and VALS type. At the end of this survey, you can enter your name and contact information for a chance to win a 32 GB iPod touch or an Amazon.com gift card worth $299. The survey will take about 10 minutes to complete. Thanks for helping us! Take the survey Winner can choose either an iPod touch worth $299 or an Amazon.com gift card worth $299. We will select the winner in a random drawing. Participants must be 18 years of age or older and a legal resident of the United States to enter the drawing. Want to learn more about VALS? Visit the VALS™ Store to read about Understanding US Consumers, our special handbook for students, professors, and anyone else who is interested in learning a little bit...
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...streaming. As consumers want access to more content on their TV’s, online video streaming apps such as Netflix, Shomi, Crave TV, Hulu etc. are doing a great job to satisfy the current needs of the consumers. In Canada, the pay TV and online streaming subscriptions are rising significantly as their market share increases each year. As per the Charlton Strategic research, as of year 2014, 69 percent of video viewing in Canada still comes from paid TV cable packages, whereas 37 percent comes from online video streaming sources and pay per view (Bradshaw, 2015). There has been a constant growth in the video streaming industry as they are slowly taking over the Canadian TV market. In Canada, each year numerous households get rid of the cable or the satellite TV and opt for video streaming instead. This number reached 240,000 in year 2014 as households in Canada continued to cut the cords (Bradshaw, 2015). Moreover, the recent trends also show that the majority of video streaming users belong to the age group of 18 to 25 years old (Bradshaw, 2015). The Technology Adoption Curve Online video streaming is relatively a new form of technology in the in the market. A company named Netflix, which currently has the largest customer base in the market, first introduced online video streaming in year 2008. Being a new innovation in the American market, innovators gave it a kick start in its early years by buying monthly subscription. With the positive response from the innovators, the product...
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... held the company back and threatened to destroy it at times. Ford was a notable member of society and a great peace promoter. Ford’s business style and leadership skills throttled him to success. Background Henry Ford was born in 1863 to farmers in Dearborn, Michigan. Ford grew up living on the farm and attending school, neither of which he was satisfied with (“Henry Ford: The Innovator”). At the age of 16 his dissatisfaction led him to leave home and travel to Detroit to find work (“Henry Ford: The Innovator”). He found work at Edison Illuminating Company under Thomas Edison who constantly encouraged him to toy with engines...
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...VisionMobile Mobile Megatrends 2011 how telecoms business is transforming in the software era. updated 8 March 2011 Copyright VisionMobile 2011 Knowledge. Passion. Innovation. Andreas Constantinou Michael Vakulenko Matos Kapetanakis (c) VisionMobile 2011 Licensed under Creative Commons Attribution 3.0 Unported License (http://www.creativecommons.org/licenses/by/3.0) You are free to Share or Remix any part of this work as long as you attribute this work to VisionMobile (www.visionmobile.com). Copyright VisionMobile 2011 VisionMobile research Distilling market noise into market sense Research competitive analysis, commissioned research, company due diligence Developer Economics 2010: Everything on mobile development Training open source economics, Android commercials, mobile industry dynamics Market maps Competitive landscape maps of the mobile industry Strategy definition strategy design, ecosystem positioning, product definition Active Idle Screen Who will own the screen? Open Source Chessboard business impacts of mobile open source, the competitive landscape and how to design your company strategy Mobile Industry Atlas, 3rd ed. 1,100+ companies, 69 market sectors Mobile Megatrends series Top-100 analyst blog GPLv2 vs GPLv3 White Paper The Android Game Plan the commercial mechanics behind Android and how Google runs the show 4,000+ subscribers 20,000+ monthly uniques 90% mobile industry insiders 100 million club tracking...
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...Leadership Teresa Fuller BUS 302 – Management Concepts Characteristics of Business Leadership Innovators and inventors are usually seen as individuals that have made huge contributions and have impacted an industry or the world in a significant way. Over the past 15 years there are several individuals that have impacted industries through invention of an item or simply by endorsing a problem. What make these individuals different is their highly motivated spirit, their willingness not to accept failure and their unprecedented work ethic. One such innovators is known by names such as “the king of the web,” “wizard of web retailing,” or “lord of the jungle,” it’s Jeffrey Bezos. Jeff is credited with the online e-book craze, a place where individuals could by books without visiting a brick-and-mortar. What is most impressive about this innovator is how he has kept his business relevant by re-inventing the company by keeping up with the changing environment (Peneberg 2003). Jeff started with the idea of online retail in 1994 because of the growth of the internet usage. After thinking about what he could sell over the internet is settled on books. The reason he believe books would make it is because no traditional bookstore could possibly offer 2.5 million titles like the internet could. The most a bookstore could carrier in titles at one time is around 200,000. This innovator was careful and methodically in the decisions that he made down to why the company’s name must start...
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... |Page no. | |Introduction |01 | |Model of consumer behavior |02 | |Physical influences within an individual |03 | |Motivation |04 | | Perception |05 | |Learning |06 | |Attitudes |06 | |Lifestyle |06 | |Social influences affect consumer behavior |07 | |Family ...
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