Global Consumer Buying Behavior Research Research Paper

PAGES
6
WORDS
2303
Cite

K.-based respondent populations. Of particular interest with regard to the methodology is the researcher's detailed work on defining variations in cultural differences, which is an area that Dr. Hofstede and the Model of Cultural Dimensions is specifically designed to take into account (Marieke, Hofstede, 2010). The study is highly qualitative in nature and uses academic databases as its primary research instrument (Gloria, Wulf, Mullen, 2013). The studies cited throughout the analysis indicate the potential to break out senior citizen segments by psychographics, an areas of emerging interest for Internet marketers. There is also a thorough analysis from numerous secondary studies of the correlation of income, gender, education and Internet usage. Demographics within the study are defined more in age-based terms when psychographic delineations create through primary research and factor analysis could have provided this data. That is a major shortcoming of this research. The results of the study are an excellent literature review that lacks in-depth insight into the future direction of psychographics for senior citizens in these two nations. While the study itself is encyclopedic in its coverage of the traditional and quite frankly over-used age-based demographic breakdowns, there is little in the way of psychographics and advanced segmentation-based analysis. Further, the study just begins to analyze cultural differences as suggested by the Hofstede Model of Cultural Dimensions yet falls short of completing this analysis by not taking all five dimensions of the model into account for the literature review framework (Marieke, Hofstede, 2010). In conclusion, this study is an excellent roundup of previous research but does little to push the boundaries of research forward in this critical area.

Discussion

The four studies that comprise this research analysis show how varied the role of international consumer behavior is, and how difficult marketing and selling strategies are to excel at in these turbulent, uncertain times. The studies of that comprise this research also show how pervasive the lessons learned from the Hofstede Model of Cultural Dimensions are in explaining the overall direction and trajectory of a market as well, including the divisive factors of cultural variation (Marieke, Hofstede, 2010). A recurrent theme of this research analysis is that a lack of appreciation for or even ignorance of these cultural dimensions leads to failure in marketing. This can be seen with the Chinese examples of culturally-driven commerce (Torres, 2011) and the ignorance of cultural norms and values that drives dislikeability of advertising in key Asian nations as well (Fam, Waller, Ernest Cyril, He, 2013). The path to greater insights in international consumer...

...

Without that, any marketer will appear ethnocentric at best and ignorant at worst.
Recommendations

Based on this analysis, the following recommendations are made with regard to how marketers can use consumer behavior to their advantage:

1. Plan for regional variation and anticipate significant differences in cultural components within and between nations, even within the same province. This can be seen in the Chinese study of variations in customer behavior even within the same province (Torres, 2011).

2. Create opportunities for customer co-creation with all customers to ensure there is a continual focus on attaining their long-term goals. Toyota and Samsung, widely recognized for their excellence in lean manufacturing, have mastered these principles and are moving in the direction of customer co-creation (Belal, Shirahada, Kosaka, 2013).

3. When defining a given market segment don't stop with just doing demographic research, concentrate on the psychographic aspects of the segments as well, especially when they cross national boundaries. The study of 50+ Internet users didn't deliver as much value as it could have due to this fact (Gloria, Wulf, Mullen, 2013). Create methodologies to capture psychographic data even in secondary research frameworks to gain greater insights into market conditions and demand.

4. Rely on insights into cultural differences when planning advertising and program programs to ensure their effectiveness over the long-term. The study of dislikeability in Asian advertising shows the worst practices in this area (Fam, Waller, Ernest Cyril, He, 2013). The use of the Hofstede Model of Cultural Dimension could have saved these advertisers millions of dollars over time.

Sources Used in Documents:

References

Belal, H.M., Shirahada, K., & Kosaka, M. (2013). Value Co-Creation with Customers through recursive approach based on Japanese Omotenashi service. International Journal of Business Administration, 4(1), 28-28.

Kim-Shyan Fam, Waller, D.S., Ernest Cyril, d. R., & He, J. (2013). Advertising dislikeability in Asia. Asia Pacific Journal of Marketing and Logistics, 25(1), 144-161.

Gloria, a.M., Wulf, C., & Mullen, H. (2013). Internet marketing to 50+ generations in the UK and France. Journal of International Consumer Marketing, 25(1), 45.

Marieke, d. M., & Hofstede, G. (2010). The Hofstede model: Applications to global branding and advertising strategy and research. International Journal of Advertising, 29(1), 85.


Cite this Document:

"Global Consumer Buying Behavior Research" (2013, February 08) Retrieved April 25, 2024, from
https://www.paperdue.com/essay/global-consumer-buying-behavior-research-85771

"Global Consumer Buying Behavior Research" 08 February 2013. Web.25 April. 2024. <
https://www.paperdue.com/essay/global-consumer-buying-behavior-research-85771>

"Global Consumer Buying Behavior Research", 08 February 2013, Accessed.25 April. 2024,
https://www.paperdue.com/essay/global-consumer-buying-behavior-research-85771

Related Documents

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

The orchestration of all aspects of B2B marketing is significantly more complex and challenging as well, a point shown in the discussions. The researchers did find enough causality to create a model of value-driven marketing, and it does show that only through a continual focus and auditing of customer needs will B2B marketing reach the levels of performance in B2C markets (Leek, Christodoulides, 2012). There are also many limitations

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

This study will incorporate consumer perceptions and attitude green products, green values, green label and green environment. Finally, it will provide insights on areas of green buying commitment and green purchasing intention (Biel, Hansson & Ma-rtensson, 2008). References Abele, E., Anderl, R., & Birkhofer, H. (2005). Environmentally-friendly product development: Methods and tools. London: Springer. Ahvenainen, R. (2003). Novel food packaging techniques. Boca Raton, FL: CRC Press Biel, a., Hansson, B., & Ma-rtensson, M.

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

Many of them are either Buddhist or Taoist, and both of these religions teach respect very seriously. In order to understand the idea of respect amongst siblings in the way that the Chinese individuals see it, it becomes necessary to also understand some of the Taoist and Buddhist traditions and beliefs. These are not always seen as being very significant, largely because many individuals in the west do not