Preview

Brand Switching

Powerful Essays
Open Document
Open Document
2559 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Brand Switching
AN ANALYSIS OF BRAND SWITCHING BEHAVIOUR

SUBMITTED BY

ABSTRACT:
A proposed integrative approach measured consumer response to various incentives to switch brands. The response measure consisted of both actual behavior (i.e., switching behavior) and an evaluative measure, which underlies the behavior. Self-perception theory was utilized to assess consumer switching behavior in response to intrinsic versus extrinsic motives. The integrative approach was tested in the context of a multistage longitudinal field study concerning five product classes. Findings show that there is a difference depending upon whether switching behavior was induced by extrinsic (e.g., price, coupon) or intrinsic (e.g., a desire to try a new brand) incentives. Unlike intrinsically induced switching, extrinsic incentives motivated consumers to switch despite a high level of satisfaction with the last purchased brand. However, this switching behavior resulted in weaker intentions to repurchase the new brand.

INTRODUCTION

INTRODUCTION:
Consumer decision to purchase a product brand different from that previously or usually purchased. Brand switching can be instigated by price promotions, in-store displays, superior availability, perceived improvements or innovations in competitive brands, desire for novelty, number of available brands, perceived risk, frequency of purchase, changes in quality, or level of satisfaction with the most recent purchase. Brand switching is most common with products that have no great perceived variation in quality across brands such as bottled water, dairy products, or paper towels. brand loyalty.
Sometimes known as brand jumping, brand switching is the process of choosing to switch from routine use of one product or brand to steady usage of a different but similar product. Much of the advertising process is aimed at encouraging brand switching among consumers, thus helping to grow market share for a given brand



Bibliography: 1. An analysis of models for consumer brand-switching behaviour,P. Kotler, 'Marketing Management ' (Prentice-Hall, 7th edn, 1991) 2. Jacoby, J. and Chestnut, R.W., 1978, Brand Loyalty: Measurement Management (John Wiley & Sons, New York). 3. Punniyamoorthy, M and Prasanna Mohan Raj, "An empirical model for brand loyalty measurement", Journal of Targeting, Measurement and Analysis for Marketing, Volume 15, Number 4, September 2007 , pp. 222-233(12) 4. Dick, Alan S. and Kunal Basu (1994), "Customer Loyalty: Toward an Integrated Conceptual Framework," Journal of the Academy of Marketing Science, 22 (2), 99-113. 5. Evaluating the effect of Consumer Sales Promotion on Brand Switching and Brand Loyal segments by Komal Nagar 6. Brand Relationships and Switching Behaviour for Highly Used Products in Young Consumers by Arvind Sahay and Nivedita Sharma 7. Examine the Factors Influencing Brand-switching: the Effects of Advertising and Promotion by Xueling Luo(2006) 8. Other sources from the internet.

You May Also Find These Documents Helpful

  • Good Essays

    Amp 425 Module 1 Paper

    • 745 Words
    • 3 Pages

    The customers today have become more brand conscious and they prefer branded products over any other products available in the market. Customers have changed their preferences in terms of liking. The technological advancement and increasing use of e-commerce and internet have made the consumers information oriented. Youngsters prefer gathering information about the products and brands online rather than focusing on advertisements. The changing lifestyle of the consumers is also one of the forces. Consumers today look for brand who gives them best value.…

    • 745 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Cocoa Puffs Case Study

    • 1165 Words
    • 5 Pages

    Many factors influence the choice of a company’s product line up over a competitor’s. Whether it is the association (use) of a product, the lifestyle it perceives, or the catchy commercials, companies invest heavily into the market to establish brand…

    • 1165 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Agrawal, D. (1996) Effect of brand loyalty on advertising and trade promotions: a game theoretic analysis with empirical evidence. Marketing Science 15/1: 86-108.…

    • 1613 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Research studies have shown that customers preference have gone up and down in the marketplace over a period of time, with some losing their brand preference completely (Kapferer, 2012). In 2012, Don Schultz and Martin Block presented that brand preference as a measuring tool for brand strength was declining and replaced by ‘No Brand Preference’ with the manufacturer products they had studied during their…

    • 665 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Colgate Palmolive Case

    • 1682 Words
    • 6 Pages

    Consumers may stay with brand loyalty to other competitor and not switch since brand familiarity is a key influence…

    • 1682 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Simplified brand loyalty describes a status in which consumers determine their selves in; out of it they become committed to a brand. Thereby they continue purchasing products or services of a specific brand. At this point consumers rather spent more money on a product of a specific brand than buying from multiple suppliers within the same category. Mainly brand loyalty is a result of consumer’s behavior, which is enforced through a company’s measurements regarding branding. Branding is a process that a company runs through in order to establish a new brand. The ambition here is to strengthen a unique name and image for a product in the consumer’s mind. If branding proceeds successfully customers retain as loyal customers. The American Marketing Association defines brand loyalty in two ways:…

    • 1175 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    roaring dragon

    • 569 Words
    • 2 Pages

    Based on Loyalty, consumers could be classified into four different groups. No Loyalty, Low Loyalty, Intermediate Loyalty and Premium Loyalty (Reichheld, 1996). The consumers that do not develop a loyalty towards any brand even after repeated use of the product can be identified in this group. Low Loyalty consumers are the consumers that buy out of habit and this sort of loyalty can be attributed to habit forming buying. Product and the consumer differentiation is low in such a group. Intermediate loyalty consumers are based on environmental and situation factors of buying and being loyal. Premium Loyal Customers are the ones that would not budge from buying one particular brand for its products. An Excellent example of such consumers is Apple Customers who are hardcore loyalists.…

    • 569 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The new millennium is not just a new beginning; it is the continuance of tendencies in human conduct that have been following a recurring patterns. Entering a new era does not necessarily mean we have to start from the beginning when it comes to understanding why certain consumers are loyal to certain brands, and what type of elements affect these loyalties. (Kabiraj and Shanmugan, 2010)…

    • 5611 Words
    • 161 Pages
    Powerful Essays
  • Satisfactory Essays

    Brand- a name, term, design, symbol, or other feature that identifies one marketer's product as distinct from those of other marketers…

    • 566 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Plan

    • 5555 Words
    • 23 Pages

    McDonald, M., de Chernatony, L., & Harris, F. (2001). Corporate marketing and service brands: moving beyond the fast moving consumer goods model. European Journal of Marketing, 42(4), 335-352.…

    • 5555 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Five Force Analysis

    • 1182 Words
    • 5 Pages

    Switching costs to consumers is low. While the costs of switching from one brand to another are low, consumers of premium chocolates tend to be brand loyal. (–)…

    • 1182 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    • Few brands enjoy high levels of consumer loyalty and in certain sectors, such as cereals, bread and yoghurt, it is particularly limited. As a result, product switching and the growth of own labels are harming sales of some brands.…

    • 1301 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    A customer’s brand loyalty on the basis of brand attitudes towards a specific product depends on the product’s relevant benefits provided by the company, the brand’s perceived ability to provide the benefits as well as on the uniqueness of the product. Beauty soap is a necessary product. Customers purchase the product normally for skin friendliness, less use of quantity, anti-bacteria etc. benefits. Some beauty soaps including Lux, Meril, Keya are available in Bangladesh. All of these brands are exposed to advertisement. The attitude of a brand loyal customers to these brands or to its attributes is very important to the company for advertisement design and thereby their sales and profit. Buyers usually buy product when they are motivated by any purchase motivations. For the purpose of this study brand attitudes were measured by benefit composition. The purchase motivations can be linked with the benefits of the product in the category of need. For example, if consumers’ purchase motivation is problem removal (bad smell from mouth) can be linked to the fresh mouth texture benefit for the toothpaste. In this study target audiences has been grouped into four categories. They are New Category users (NCU), Brand Loyals (BL), Brand Switchers (BS), and Other Brand Loyals (OBL). BLs are very important for companies’ profitability in the sense that the profit of a brand product does not come from the mass market but from the brand’s most loyal users – the relatively small proportion of the households that accounts for large percent of sales volume. Thus the company should concentrate on the BL customers. Normally the customers want some benefit from the brand products. In case of beauty soap the benefits are aroma, skin friendliness, various colors, various sizes, attractive package, less use of quantity, reasonable price and anti-bacteria. Therefore, a customer’s brand loyalty on the basis of brand attitudes towards specific…

    • 2536 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    The purpose of this report was to allow an versatile opportunity to students to research consumer behavior of two consumers who switched…

    • 5574 Words
    • 23 Pages
    Satisfactory Essays
  • Good Essays

    Consumption Behaviour

    • 622 Words
    • 3 Pages

    Consumer’s loyalty towards a parent brand can be transferred to a diffusion to yield favourable consumer evaluation. Brand loyalty provides fewer reasons for consumers to engage in extended information search among alternatives. Research has shown that consumers often use perception of the parent brand to evaluate a new product introduced under the same brand name (Aaker,1996; Delagado-Ballester and Munuera-Aleman, 2001; Ettenson and Gaeth, 1999; Rundle and Bennett, 2001).…

    • 622 Words
    • 3 Pages
    Good Essays