Publication: Winning hearts, minds and sales: how marketing communication enters the purchase process in emerging and mature markets
Program
KU-Authors
KU Authors
Co-Authors
Pauwels, Koen
Yıldırım, Gökhan
Advisor
Publication Date
2013
Language
English
Type
Journal Article
Journal Title
Journal ISSN
Volume Title
Abstract
Consumers differ in the way their minds and hearts respond to marketing communication. Recent research has quantified effectiveness criteria of mindset metrics, such as brand consideration and liking, in the purchase process for a mature market. This paper develops and illustrates our conceptual framework of how mindset effectiveness differs between an emerging market and a mature market. We propose that the responsiveness, stickiness and sales conversion of mindset metrics depend on the regulative, cultural and economic systems that provide structure to society. In particular, we focus on regulative protection, collectivism and income. First, we propose that a lack of regulative protection leads consumers to be more attentive to, and thus more aware of, marketing communication. Second, we propose that consumers living in a collectivist culture are less responsive to advertising in their consideration and liking of the advertised brand. Finally, we propose that lower income among consumers reduces the sales conversion of brand liking.
Description
Source:
International Journal of Research in Marketing
Publisher:
Elsevier
Keywords:
Subject
Business