Applied marketing
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Transcript of Applied marketing
Development of a conceptual framework for brand loyalty:A Euro-Mediterranean perspective
Brand loyalty Misunderstood by marketers Attitudinal and behavioral aspect True loyalty and spurious loyalty Application of this concept in Euro
Mediterranean region
Industry Relevance: - Targets Euro Mediterranean region- Establishes a link between consumers and
the factors contributing towards brand loyalty
Academic Relevance:- Attitude and behavioral components of brand
loyalty- Difference between true and spurious loyalty
Secondary data: Extensive literature review- Most of the findings have been obtained from
the literature review.
Primary data: Limited primary research.- Types of consumers in the Euro
Mediterranean region.
From Secondary data:- Loyalty vs. satisfaction- Repeated purchase does not necessarily
indicate brand loyalty- High involvement vs. low involvement- Both attitude and behavior have to be
favorable- Spurious loyalty –
inertia, monopoly, situational conditions; True loyalty- positive attitude
Findings from primary research:- Luxury consumers- Aspirational group- Brand preferred more for emotional factor
rather than functional utility.
Short term vs. long term Latent loyalty
Most findings are from the secondary research
No mention of primary research tools Credibility? Target group
Emerging economies Targeting Re-design the study by including more
primary research.
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