8% were American. 9.7% were European and 6.7% were Japanese. The majority used s-commerce to purchase tickets for entertainment (44.5%) and 67% had been using s-commerce for more than two years.
The study shows that transaction safety (.480) and reputation (.450) both at the .01 level of significance, most contribute to trust in an s-commerce platform. The combination of all seven factors explains .784 of all variation in the sample with regard to trust in s-commerce. This is statistically significant at the .05 level of confidence and shows that purchase intentions can be explained by the seven-factor model the researchers created (Kim, Park, 2013). The model of s-commerce security and reliability therefore is statistically sound and applies to the South Korean social e-commerce industry. Study limitation include the lack of cross-sectional design definition and the development of an effective control group to measure dependent variable correlation to the trust measure. Another limitation is the lack of global applicability of results and lack of orthogonal support for each of the groups shown in the results. Overall the model is ideally suited for South Korea yet lacks enough statistical validity to be extrapolated on a broader context.
Critical Analysis of Evaluation of international Brand Alliances: Brand Order and Consumer Ethnocentrism
In the study Evaluation of international Brand Alliances: Brand Order and Consumer Ethnocentrism (Li, He, 2013) the authors are concentrating on the aspects of how ethnocentrism as they relate to the relative levels of growth throughout a nations; economy. The authors have found that the greater the economic growth, the less ethnocentric citizens are in preferring one brand over another (Li, He, 2013).
The study methodology includes two real brands that were based on fictitious brand alliances with known companies in Taiwan, the nation where the research as completed. The two brands were Heineken from the Netherlands, and Uni-President from Taiwan. Both brands are extremely well-known in the Taiwanese market and served as the basis of the comparison of ethnocentrism. The authors defined a methodology specifically designed to capture preferences for the Taiwanese brand over the well-known beer brand from the Netherlands. The methodology was also designed to reflect the employment of Taiwanese relative to the profits going to the Netherlands-based company. The survey instrument were printed questionnaires administered to two respondent populations.
The demographics of the survey included 46.9% of all respondents in the 20 to 30-year-old age group and 53.1% over 30. 56.4% were male and 44% were female in group one and 53.1% were male and 46.9% were female in group two., The surveys were presented both in English and Chinese and the respondents were given the opportunity to comment on the open-ended questions as well. The first set of respondents were based on Taiwan and the second in the United States.
The survey results indicated that the Taiwanese were less ethnocentric by at a statistically significant level than the Americans (Li, He, 2013). The study also showed that consumer ethnocentrism was also highest for native brands relative to tangential brands form mainland China as well (Li, He, 2013). The researchers noted that the greater the level of economic growth and stability of a country, the lower the ethnocentrism and more open adoption of international brands (Li, He, 2013). Brands weren't seen as a threat but as an addition to the overall experience of the consumers living in these nations. The study limitations included a lack of statistical quality control over each group in the sample. Selection and screening of respondents by brand loyalty and affinity was also not completed as well. Due to these factors this study is not considered statistically valid on a global level.
Critical Analysis of Social Customer Relationship Management (SCRM): How Connecting Social Analytics to Business Analytics
enhances Customer care and Loyalty
The ongoing evolution of Customer Relationship Management (CRM) continues to show potential for unifying the social networks and social media platforms individuals and companies rely on daily to communicate. The intent of the study Social Customer Relationship Management (SCRM): How Connecting Social Analytics to Business Analytics enhances Customer care and Loyalty (Nadeem, 2012) is to ascertain how effective the nascent field of Social Customer Relationship Management (SCRM) is and how it is progressing over time. The implications on greater Lifetime Customer Value (CLV), reduced churn and higher overall profitability are the goals of the analysis the researcher has in completing the study.
The methodology for the study is based primarily on a literature review of the latest SCRM studies, in addition to interviews with the leading experts...
Consumer Behavior New Zealand Consumer Behavior This research paper has to do with the consumer behavior of the people of New Zealand. The structure of the paper is broken down into how consumer buying behavior is affected by "income status, occupation, Education, geographic, demographics, lifestyles and culture, possessions and level of influence" in their desire to purchase a product such as Hennessey Cognac. Income status means a great deal when looking at
Consumer Behavior - Analysis of Coca-Cola Consumer Behavior - Analysis of a Product or Service The objectives of this report are to discuss what consumer behavior is, why consumer behavior is vital, and how consumer behavior is influenced by the needs, goals, and motivations of the consumer. The purchase and use of a product by the Coca-Cola Company will provide support for this report. The consumer behavior of consumers of soft drinks
7% in Shanghai, 24.5% in Taipei and 46.2% in Hong Kong., the average income of respondents in Taipei was at the maximum income level and in Hong Kong, at the median level overall. The entire sample was highly educated with 80.2% of Shanghai respondents, 79.5% of Taipei respondents and 43.8% of Hong Kong respondents having a university education. The majority of respondent sin Shanghai and Taipei were 18 to 25
Consumer behavior analysis is an important element in relationship marketing that focuses on examining the role of the customer across various aspects. This element basically emphasizes on effective reaching out of customers and potential markets. Consumer behavior analysis is regarded as a data-centered marketing technique that is used to directly reach out to individuals with customer data assessment that help in improving an organization's business profits. Consequently, one of the
Consumer Behavior -- the Impact of Advertising "Brands should redouble their efforts in using advertising to grow brand advocacy through the integration of online and offline branded consumer contact points…[and moreover since] brand advertising stimulates website visits…" understanding the online and social media sites and applications can go a long ways to creating successful advertising campaigns… (Graham, et al.). Purpose and Expectations Advertising in the current global marketplace requires a great deal more
The second was a Cafe study of cash vs. credit, which was completed in a lab setting, the respondent base included 147 undergraduates between the ages of 20 to 46 years of age with a median monthly income of $1,000 or less. The objective of this lab study was to determine the elasticity of demand for desserts when the respondents were given $10 in cash and told they could
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