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Does experiential marketing affect the behavior of luxury goods' consumers?Snakers, Elsa, Zajdman, Elise January 2010 (has links)
<p>Nowadays we are in a very competitive market where products have all very sustainable competitive advantages. It is difficult to find the difference between products. Finding a new way to reach this advantage of differentiation from one to another is becoming the key issue for companies to survive in this context. Traditional marketing strategies focusing on price or quality are not anymore a long-term source of differentiation and competitive advantage. A way to reach differentiation is by means of a much stronger focus on the customer. Experiential marketing is this new way by making the customers living an experience through the creation of emotions. Experiential marketing has for goal to create emotions to the customer that lead to enjoy an experience for the consumer and affect his attitude and behavior. It is very useful as a differentiation strategy to sell utilitarian product from everyday life. However aesthetic products like art or luxury products created by the genius of artists and couturiers create emotions by themselves. So, we focused on the luxury goods field because we wanted to know if experiential marketing had an effect on consumers in this field even if luxury goods products already create emotions by themselves. Moreover, some people are more sensitive to emotions and aesthetic than others. We also wanted to know if experiential marketing had an impact on these people. Our paper tries to go further on this subject by comparing to types of store of the company Lancel (a luxury company of leather goods) one is using experiential marketing and the other is not.</p><p>For our research we first had to read scientific articles, books and previous studies on emotions and experiential marketing. Then, we developed three hypotheses which helped us to conduct our research and draw conclusions. Those hypotheses have been discussed by conducting a mixed research that is to say by combining a qualitative research with a quantitative one. In the quantitative research we compared the emotions felt and the purchase intention in the different stores of Lancel to see if the store which uses experiential marketing has better results. In the qualitative research we wanted to know the reasons why Lancel has developed this new concept of store. The quantitative research was conducted by administrating questionnaires in the different stores of Lancel. We had a deductive approach. The qualitative research, based on a descriptive approach, was carried out by creating structured interviews. The results we were enable to get thanks to these data, allowed us to draw conclusions regarding our research. In this paper, we compare emotions people feel in a store that uses experiential marketing and in a one which doesn‘t to see if there are differences in their attitude and behavior due to experiential marketing.</p>
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Luxury for the Masses : A Study of the H&M Luxury Collaborations with Focus on the Images of the Luxury Designer BrandsGinman, Carole, Lundell, Charlotte, Turek, Catherine January 2010 (has links)
<p>A strong brand is important for all companies; however, it is imperative for the success of a luxury fashion house as the image is one of its core assets. As strategic alliances are increasing in popularity the effect they have on how customers look at the partner brands is both interesting for the general person, but also – and more importantly – vital knowledge for companies pondering such a strategic move. The major focus of this study is to answer the question of how luxury designers’ collaborations with high street retailer Hennes & Mauritz affect how consumers perceive the luxury designer brand’s image.Theories on both brand extensions and co-branding have been compared to both qualitative and quantitative research conducted for the purpose of this investigation. This comparison has been made by using a model depicting the relationships between the collaborating brands. Through both acquiring a broad scope using the survey and deeper thoughts through focus group interviews the authors were able to gain a more holistic view of how people regard the luxury designer brands. The factors mainly investigated were those of change in awareness and change in purchase behaviour or intention, as they would be indicative of how people felt toward the luxury designer brands.The result of the investigation showed that the general perception of the luxury designer brands after the collaborations was positive with consumers in all segments. The collaboration did not cause a significant backlash on the regular luxury consumers, as the majority of this consumer segment also stated that they were not bothered by the collaborations.The collaborations could be seen as successful for the luxury designer brands as they managed to garner a lot of attention from new consumer groups, whilst at the same time managing to retain their regular customers. The reason found for not having had a negative impact on the brand was the way in which the collaborations were performed. That the brands had chosen a suitable partner where the perceived fit was great; that the associations with the collaboration and the partner brand did not infringe on the associations with the luxury designer brand; and the time frame of the collaboration, all meant that the consumers generally did not lose confidence in the luxury designer brands.</p>
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The little emperor : An exploratory study on consumer behaviour re-garding luxury goods in ChinaShin, Elena, Bouxirot, Maud January 2005 (has links)
The purpose of this thesis is to investigate the behaviour of young Chinese girls toward luxury goods and to provide suggestions for the marketer when marketing products on the Chinese market. The goal of this study was to see the differences in behaviour between the area of Hong Kong, Taiwan and China (Mainland), but also to identify toward which categories of luxury goods (perfume, leather goods, clothing) people were more favourable. In order to get information for our thesis we used a qualitative approach (by doing a focus group) and a quantitative approach (by using questionnaire). Our sample can be described as girls aged from 20 to 25 and living in the area of Honk Kong, Taiwan and China (Mainland) To retrieve information we focused on different variables intervening in the consumer behaviour such as perception, learning and memorisation, motivation and attitude. We investigate perception through, knowledge, symbolism and risks perceived, the learning and memorisation process were evaluate through information , the motivation and attitude were measured through the intention to buy. As a result of this study we find out some similarities in behaviour in the different geographic areas investigated. These findings can lead to the glob-alization of some specific points of the marketing mix. However great dif-ferences between the regions also appeared and they should be taken in consideration in the marketing strategy in order to be successful.
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Does experiential marketing affect the behavior of luxury goods' consumers?Snakers, Elsa, Zajdman, Elise January 2010 (has links)
Nowadays we are in a very competitive market where products have all very sustainable competitive advantages. It is difficult to find the difference between products. Finding a new way to reach this advantage of differentiation from one to another is becoming the key issue for companies to survive in this context. Traditional marketing strategies focusing on price or quality are not anymore a long-term source of differentiation and competitive advantage. A way to reach differentiation is by means of a much stronger focus on the customer. Experiential marketing is this new way by making the customers living an experience through the creation of emotions. Experiential marketing has for goal to create emotions to the customer that lead to enjoy an experience for the consumer and affect his attitude and behavior. It is very useful as a differentiation strategy to sell utilitarian product from everyday life. However aesthetic products like art or luxury products created by the genius of artists and couturiers create emotions by themselves. So, we focused on the luxury goods field because we wanted to know if experiential marketing had an effect on consumers in this field even if luxury goods products already create emotions by themselves. Moreover, some people are more sensitive to emotions and aesthetic than others. We also wanted to know if experiential marketing had an impact on these people. Our paper tries to go further on this subject by comparing to types of store of the company Lancel (a luxury company of leather goods) one is using experiential marketing and the other is not. For our research we first had to read scientific articles, books and previous studies on emotions and experiential marketing. Then, we developed three hypotheses which helped us to conduct our research and draw conclusions. Those hypotheses have been discussed by conducting a mixed research that is to say by combining a qualitative research with a quantitative one. In the quantitative research we compared the emotions felt and the purchase intention in the different stores of Lancel to see if the store which uses experiential marketing has better results. In the qualitative research we wanted to know the reasons why Lancel has developed this new concept of store. The quantitative research was conducted by administrating questionnaires in the different stores of Lancel. We had a deductive approach. The qualitative research, based on a descriptive approach, was carried out by creating structured interviews. The results we were enable to get thanks to these data, allowed us to draw conclusions regarding our research. In this paper, we compare emotions people feel in a store that uses experiential marketing and in a one which doesn‘t to see if there are differences in their attitude and behavior due to experiential marketing.
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The Study of Consumer’s Post-Purchase Evaluation toward Brand Equity of Five Stars Hotels in ThailandDejsiriphun, Chonnikarn, Suviratvithayakit, Kritsana January 2011 (has links)
Date: May 30, 2011 Program: MIMA- International Marketing Course Name: Master Thesis (EFO705) Title: The Study of Consumer’s Post-Purchase Evaluation toward Brand Equity of Five Stars Hotels in Thailand Research Problem: What are the characteristics of brand equity of five star luxury hotels in Thailand and which components of brand equity are the majority concerns from customers’ evaluation? Purpose: The study aims to investigate and analyze the interrelationship of brand equity of five stars hotels in Bangkok, Thailand and post-purchase evaluation in order to provide valuable information on how five stars luxury hotels in Thailand can successfully and appropriately exploit the hotel brand equity so as to create the branding strategy and to create a competitive advantage in the long run. Method: Qualitative approach was used to observe the data in the form of content analysis. While, the quantitative approach is employed in order to summarize the finding result. The data collection, the secondary source is the heart of this research such as hotel reviews, brand equity books and related articles. Conclusion: The empirical findings from hotel guest’s post-purchase evaluation reveal the most significant components of brand equity for five stars Thai hotel industry which are perceived quality and brand loyalty. Whereas, brand awareness and brand association are considered the least significant of all brand equity components from customer’s perception. Keywords: Brand equity, Brand loyalty, Brand awareness, Perceived quality, Brand association, Five Stars Hotel in Thailand, Thai Hotels Industry
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A new marketing strategy for a new Luxury market: Shock advertising and Porno chic in social networks : The French marketGoubault de Brugière, Alice, Barry, Roxane January 2011 (has links)
No description available.
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Luxury for the Masses : A Study of the H&M Luxury Collaborations with Focus on the Images of the Luxury Designer BrandsGinman, Carole, Lundell, Charlotte, Turek, Catherine January 2010 (has links)
A strong brand is important for all companies; however, it is imperative for the success of a luxury fashion house as the image is one of its core assets. As strategic alliances are increasing in popularity the effect they have on how customers look at the partner brands is both interesting for the general person, but also – and more importantly – vital knowledge for companies pondering such a strategic move. The major focus of this study is to answer the question of how luxury designers’ collaborations with high street retailer Hennes & Mauritz affect how consumers perceive the luxury designer brand’s image.Theories on both brand extensions and co-branding have been compared to both qualitative and quantitative research conducted for the purpose of this investigation. This comparison has been made by using a model depicting the relationships between the collaborating brands. Through both acquiring a broad scope using the survey and deeper thoughts through focus group interviews the authors were able to gain a more holistic view of how people regard the luxury designer brands. The factors mainly investigated were those of change in awareness and change in purchase behaviour or intention, as they would be indicative of how people felt toward the luxury designer brands.The result of the investigation showed that the general perception of the luxury designer brands after the collaborations was positive with consumers in all segments. The collaboration did not cause a significant backlash on the regular luxury consumers, as the majority of this consumer segment also stated that they were not bothered by the collaborations.The collaborations could be seen as successful for the luxury designer brands as they managed to garner a lot of attention from new consumer groups, whilst at the same time managing to retain their regular customers. The reason found for not having had a negative impact on the brand was the way in which the collaborations were performed. That the brands had chosen a suitable partner where the perceived fit was great; that the associations with the collaboration and the partner brand did not infringe on the associations with the luxury designer brand; and the time frame of the collaboration, all meant that the consumers generally did not lose confidence in the luxury designer brands.
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Branding strategies of Swedish 'new-luxury' fashion brandsZirke, Irina, Atashi, Bentalhoda January 2011 (has links)
Sweden is a country that has a rising fashion significance; with Stockholm as one of the most acknowledge fashion capitals. ‘Branding strategies’ of fashion brands, especially in the multi-billion Dollar luxury industry are gaining academic significance. Brands can be divided into ‘traditional-luxury’, ‘new-luxury’ and ‘non-luxury’ categories, and experts have found that branding strategies of ‘traditional-luxury’ brands differ from ‘non-luxury’ brands. Where ‘new-luxury’ brands are positioned has not been clearly defined yet. The lack of theoretical research in the field of ‘new-luxury’ branding strategies justifies our choice of research.
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Branding Strategy of Artistic Luxury - A Case Study of GP DEVAHung, Tzu-Hsiang 05 July 2012 (has links)
The combination of brand and art provides people unlimited imagination. The idea of the fashion industry cooperating with artists started from the 19th century in Europe. The combination of luxury merchandise and art can enhance the personal sense of beauty seen within a product and the brand image ascends through the pursuit of aesthetic perfection as well.
Taiwan cultural and creative brands produce high-value recognized products, bring the related art and culture into everyone¡¦s life and promote the further development of Taiwan¡¦s cultural and creative industries. Such is the value of culture by branding. Examples like Franz, Jimmy and Tittot, all introduce Taiwanese and Chinese culture to the world through the promotion of commodities to the international market.
The various elements of branding, including: the establishment of the brand core value, brand strategy development and brand marketing strategy development, are all decisive factors of the brand advantage. This study combines Aaker, Keller and Urde¡¦s concept of branding. Through multiple cases, analyzing secondary data and interviewing with GP DEVA¡¦s brand managers of their branding strategy, the study has reached several conclusions and can be summarized as follows:
(1) The founder plays an important role in the development of the artistic brand¡¦s core value.
(2) The conception of artistic luxury derives itself from inherent cultural
values.
(3) The key elements of the brand are a result of original concepts and
creation.
(4) Successful marketing must connect to the spiritual and emotional beliefs held by customers.
(5) To strengthen and leverage a product brand, brand associations are made using ideas associated with the art form and brand knowledge.
(6) Franz's business model shifted from being product-oriented to brand-oriented.
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A Study on the Relationship between the Socialization of Status Consumption and Luxury AttitudeHuang, ya-wen 13 July 2012 (has links)
The development of the global luxury market, nearly showing a decade growth of high degree, primarily refering the consumers of luxury market.It expanded not only high status but also general status and it¡¦s different from our past cognitive. Consumption is not a bad thing, but recently consumers change their shopping motives and want to show their status and obtain the identity of others by pursuiting the consumption patterns of higher classu, it will cause the disequilibrium between consumption and status.
Therefore, this study explores the relationship between the socialization of status consumption and luxury attitude, and then extended to understand the impact of various media in the consumer socialization process, to identify the major cause of the disequilibrium. This object of the study expandes to the general consumers, it refers to widely understand the consumers actual cognition¡Bemotions and behavior whether he bought luxury goods or not. And exploring the relationship of luxury attitude and status consumption,in which you can understand the role of government in the consumer market and effect.
After the questionnaire analysis, we found it is positive relationship between the luxury attitude and the status consumption,and it also has significant relationship between the attitude the consumer socialization process of media¡Gage¡Bthe school pattern in high school ¡B the cognition of government policy and luxury attitude.
In conclusion, the luxury¡§cognition¡¨ and¡§emotion¡¨"are major causes to influence status consumption,it said the consumer to do the consupmtion behavior is depending the inherent performance.If consumers do not face their own wrong consumption mode, the overall social climate of the country will not upgrade.
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