August 2016 |
Name | : | Characterization of the Customers Involved in Posting Online Comments on Ecommerce Companies through Netnography |
Author | : | Gautam Deka ,Dr. Sumangla Rathore,Dr. Avinash Panwar |
Abstract | : |
Online shopping has grown exponentially in India over the last few
years. Several eCommerce companies have been established to cater to
the need of the online customers. To understand consumer behaviour
towards online shopping, traditionally survey, experiment or interview
based researchhas been mostly used. However with the introduction of
Netnography, the prospect of studying consumer behaviour by
observing and capturing the real sentiments of customers has increased
several folds. In the present study an attempt has been made to
characterize the customers with respect to their gender, age and
preference of time for posting comments oneCommerce companies
through Netnography.
The findings of the study indicate that the frequency of posting
comments on eCommerce companies by male participants is
significantly higher than the female participants and participation of
the younger generation (between 20 to 30 years) is significantly higher
than the older generation (45 years and above). The most active age
group of participants involved in posting comments on eCommerce
companies is between 26 to 30 years, for both male and female
participants. The most preferred timing for posting comments was
between 12 pm to 4 pm for the female participants, and between 4 pm
to 8 pm for male participants. The study has implications for marketers
in terms of providing a better and more accurate profile of customers
who are actively engaged in spreading online word of mouth.
Keywords: Online comments, netnography, online buyers, customer
profile
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Name | : | Fear of Driving as a Perceived Risk in Purchase of Car |
Author | : | T. Frank Sunil Justus ,B. Vaishnavi,T. Sunitha,M. Gnanasundari |
Abstract | : |
Perceived risk usually plays an important role in the purchase decision
making process and every purchase contains a degree of risk.
Manufacturers of cars frequently upgrade their models by changing the
exterior appeal and adding bells and whistles to the vehicle. However
for a probable consumer who has perceived a risk concerning driving
skills, such changes will not lead to purchase of a car. This product
orientation will only lead to marketing myopia. Marketing myopia can
cause the manufacturers to ignore the fear of driving and in turn
concentrate on the product side. The car purchase can take place only
when the perceived risk concerning driving reaches below a certain
threshold level. Hence fear of driving which is one of the components
of perceived risk in purchase of cars has been made the key area of the
study. Risk relievers suitable to reduce fear of driving have been
drawn.
The scale developed will help marketers to shed their marketing
myopia of too much concentration on the features of the car and look at
opportunities to reduce the fear of driving an inherent perceived risk in
purchase of car. This study will be useful to manufacturers to look at
perceived risk in purchase of car from a different perspective. In future
studies new risk relievers to reduce fear of driving as a perceived risk in
purchase of car can be developed.
Keywords: Derivatives, Price risk, Hedging horizon
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Name | : | Working Women's Attitudes towards Convenience Food Products: An Empirical Investigation |
Authorhor | : | Rajni Gupta, Raghbir Singh |
Abstract | : |
During the recent decades, women's participation in the labour market
has increased tremendously. This significant rise in employment of
women outside the home has attracted the attention of consumer
researchers to investigate the effect of women's labour force
participation on convenience food consumption. The objective of this
research paper is to identify the factors determine the attitudes of
working women towards convenience food products. For this purpose
the present study has been conducted with a sample of 242 working
women from three different cities of Punjab (India) and their responses
were gauged through a structured questionnaire, administered
personally. Data have been analyzed with help of weighted average
scores, standard deviations and factor analysis. The results from the
present study investigating factors influencing the attitudes of working
women towards convenience food products indicate that 'convenience'
in meal preparation is the major factor which influences the attitudes of
working women towards these food products. This is followed by
another five factors such as 'sensory variables', 'mood', 'health issues',
'price influence' and 'familiarity'. The findings of the study can be
useful for marketers of convenience food products as they can use
these factors as an effective promotional tool to target consumers and
to escalate the sale of these food items in the time to come.
Keywords: convenience food products, working women, attitudes
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Name | : | The New Indian Middle Class Consumption Preference towards Convenience Foods – A Grounded Theory Approach |
Author | : | Ms. Amandeep Kaur ,Dr. Garima Malik,Ms. Nidhi Sharma,Dr. Ruhee Mittal |
Abstract | : |
The social and economic transformation of India has been closely
linked with the rise of new middle class. As citizens of India continue
to climb the economic ladder, the composition of their spending will
change considerably.Although the middle class episode is a widely
investigated topic within a wide range of research fields such as
sociology, political sciences, anthropology, the current study
concentrates on the new middle class in the context of an important
Emerging Market for Convenience foods. Convenience food
consumption is one of several new trends in eating read as active
oppositionto industrialized food provision. Certainly, the bulging of
India's middle class has some features of a process ofWesternization.
The demand for western-style convenience foods is growing around
the world, especially in the India, a likely result of the modernization of
our middle class and their food consumption patterns.This study
examines the factors determining consumer behavior of the new
middle class towards convenience foods in Delhi. Thestudy used
grounded theory to obtain insight into the rising middle class
preference for convenience foods through interviews with 24
individuals and used these data to propose a model of new middle class
convenience foods consumption.
Keywords: Convenience Food, Middle Class, Preference, Cunsumer
behaviour.
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Name | : | An Assessment of Municipal E-Governance Service Quality using Esteves Index |
Author | : | Jalaj Katare,Sandeep Kumar Malu,Snigdha Banerjee |
Abstract | : |
The notion of local e-Governance has become an important aspect for
transparent and effective service delivery in a convenient and cost
effective manner, especially in the state of affairs where administrative
procedures are facilitated by Information Technology (IT) to
significantly promote government-citizens interaction, and citizens
desire to perform their responsibilities in a 24x7 mode without
physically visiting government offices. This paper discusses the results
from the assessment of e-governance websites of Urban Local Bodies
(ULB's) in the state of Madhya Pradesh (M.P.) in India, in view of
benchmarking the websites of ULB's to ensure the service quality. We
present an ex-post predictive evaluation for the evaluation of local egovernance
project using an index proposed by Esteves. The study
reveals that Bhopal municipal corporation website can be used as a
benchmark for the municipal e-governance initiatives in the state of
M.P.
Keywords:- E-Governance, Local Governance, Urban Local Bodies
(ULB), Websites Quality assessment, Benchmarking.
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Name | : | A Study on the Productive Participation in Different Small Screen Programs by the Viewers of Gondar City, Ethiopia. |
Author | : | Dr K.Venugopal,Endris Nuru Zeleke,Dr Mulugeta Negash,Wassie Getahun Nigatu |
Abstract | : |
Television idiomatically called as Idiot- Box, has grabbed a lot of
attention by all categories of people both in terms of viewing the
programmes and for the promotion of the brands. In every developed
and some of developing countries the small screen industry persuades
a lot of viewers and marketers with innumerable programmes in many
languages. Fortunate enough that the television is drawing the
attention of many viewers with a lot of dexterous programmes in their
respective countries and quite contrary to Ethiopian people from
different categories in semi urban and rural areas found to be
considerably slipshod towards watching small screen. Reasons for
dawdling development show the discrepancy with their media habits,
economic backgrounds, alternative entertainment forms and sociocultural
traits even captivating the shift rate from other entertaining
modes to this media is also discouraging with less leverage. There are
ample chances of revenue generation though advertisements,
sponsorships and transmission by increasing the rate of watching The
small screen of Ethiopia owns certain good programmes associated
with dramas and cinemas, reality shows, music and dances,
discussions and interviews, news and information, sports etc.
Having fanaticism to attain the firm footing in the industry, the
programs must be created in order to gain the positive outcomes of
viewers by improving the frequency of watching, evaluating the level
of enjoyment, improving retrospection after the programme and
handling complaints against the programmes. The major respondent
groups identified in Gondar city, Ethiopia with respect to the intensity
of their media habits were the students, job holders, households and
farmers & labors who actively participated in the interviews and
questionnaire. The concentration on the programme production by
milking certain elements such as creative work, conceptual quality,
and technological association may lead to gain the attention of viewers
paving the way to shift increase. This paper explains the relationship
between participatory outcomes of selected famous programmes from
four major categories of viewers with an empirical data analysis by
using chi-square test.
Keywords: Media habits, Participatory outcomes, Small screen,
Programmes
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Name | : | Distribution Structure in Indian Pharmaceutical Industry: Significance of Customer Relationship Management (CRM) and Distributor Relationships |
Author | : | Waseem John,Dr. M. Khalid Azam |
Abstract | : |
The days of mass marketing have given way to a trend towards micro
marketing, and the role of the sales representative is slightly shaping
into that of an information provider rather than a persuader. In this
paper we discuss that how Customer Relationship Management
(CRM) as a strategic tool has the capability to strengthen the
relationship of companies with their distributors and other members of
supply chain trough effective communication. The first part of the
paper throws a light on the general structure of the pharmaceutical
distribution network. It is based on previous academic literature,
practitioner literature, discussions on web forums and some
unstructured discussions with the pharmacists and medical
representatives. Whereas, the second part of the paper discusses the
significance of business-to-business relationships in the
pharmaceutical industry and provides a brief view of some CRM tools
used in general with their relevant functionalities and advantages. This
study concludes that distribution structure of Indian pharmaceutical
industry is very complex and dynamic in nature and the relationships
with the supply chain partners are critical in pharmaceutical industry
and such relationships need to be managed very carefully for
competitive advantage. The use of CRM systems is very much
significant in such business environments and investments into
sophisticated CRM technologies should be taken into consideration by
organizations for better management of the business-to-business
customer information and customer relationships in order to enhance
the profitability through increased customer retention and loyalty.
Keywords: Pharmaceutical industry, Distribution structure, Customer
Relationship Management, supply chain conflicts, distributor
relations.
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Name | : | Determining the Role of Employee's Perception towards CRM Practices and Customer Retention |
Author | : | Suhail Ahmad Bhat, Dr. Mushtaq Ahmad Darzi |
Abstract | : |
CRM and customer retention have increasingly being recognizedas
important managerial functions especially in saturated and
increasingly competitive markets. Every business firm knows that it
costs far less to hold on the existing customer than to acquire new ones.
There is limited research available that investigates the effect of
customer knowledge and orientation on customer retention in banking
sector. In this backdrop the study tries to determine the impact of
employee perception towards CRM practices (customer knowledge
and customer orientation) on customer retention. Structural Equation
Modelling (SEM) has been employed on a sample of 204 respondents
who were randomly selected from the population of employees of a
particularbank in the Jammu and Kashmir. Finding of the study
revealsthat customer knowledge and customer orientationhas
significantly positive impact on the customer retention. This paper
contributes to the theory by evaluating the role of knowledge
management and customer oriented behaviour in developing longterm
relationships with the customers. It also analyses the importance
of CRM practices for developing better customer retention strategies
in the banking sector where NPA rate is continuously increasing.
Keywords: Customer retention, customer knowledge, customer
relationship management, employee perception.
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Name | : | Brand Loyalty with Hospitality Brands: The Role of Customer Brand Identification, Brand Satisfaction and Brand Commitment |
Author | : | Raouf Ahmad Rather , Jyoti Sharma |
Abstract | : |
Hotel operators struggle to satisfy the wants of their customers and
subsequently retain them by attempting to know the factors that could
build up a strong brand relationships and loyal customer base. Over the
recent decade, practitioners have engaged in making and maintaining
future connections with customers and regard brand loyalty as their
main goal in developing business methods attributable to the
increasing market competition. Hospitality brands have progressively
recognized that business strategies represent a strategic weapon to
secure a competitive edge in the global hotel industry. To extend
current understanding of hotel brand management, this study
investigates to evaluate the relationships between the four marketing
perspectives namely customer brand identification, brand satisfaction,
brand commitment and brand loyalty. The data was collected through
self-administered survey from 180 respondents of hospitality brands
(four and five star hotels) of Jammu and Kashmir, India. Simple
random sampling approach was adopted in the study. This paper
incorporates the factors that regulate to brand loyalty in marketing
literature and provides strategies to hospitality managers for
increasing brand loyal customers. The findings reveal that the four
variables are significantly related to one another and are useful for
hotel operators to promote long-term business success, generate
competitive advantages, and differentiate from its competitors in
building and maintaining long term relationship with customers of
hospitality brands of Jammu and Kashmir, India.
Keywords: brand loyalty, customer brand identification, brand
satisfaction, brand commitment, hospitality brands
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Name | : | A Study of Financial and Non Financial Incentives as a Motivator for the employees working in Public and Private Sector Industries of Lucknow Area |
Author | : | Dr. Ruchi Srivastava,Dr. DS Chaubey |
Abstract | : |
With Liberalization and opening up of economy since early nineties,
India is witnessing rapid expansion of industrial activities. Human
Resource Management, its development and retention has become a
great challenge to the professional engaged in this sector. The future of
this sector is promising and can only sustain with the future challenge
of change if it is managed professionally. Recently, adopting of
policies of liberalization and globalization of the business, it provided
an opportunity to private sector to grow more and more and also
challenged the management to retain skilled asset in the organization.
Subsequent emergence of the cut throat competition again offers
enormous opportunities to the workers to pickup one of the several
jobs available in the market to satisfy their need. Thus it will be no
exaggeration to claim that effective labour management has become
one of the important key for successful operation of the business unit,
the management adopts various financial and non financial incentive
as a motivator for employees in Lucknow area.
Keywords: Financial Incentives, Motivator, Lucknow, Public and
Private Sector Industries
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Name | : | Knowledge-Based Dynamic Capabilities: A New Perspective for Achieving Global Competitiveness in IT Sector |
Author | : | Vaneet Kaur, Versha Mehta |
Abstract | : |
The study aims to posit an edifice to the existing strategic management
literature by proposing an alternate view of Knowledge-Based
Dynamic Capabilities. The inter-alia suggests that when Knowledge
Process Capabilities are leveraged to generate Higher-order Dynamic
Capabilities, the resultant Knowledge-Based Dynamic Capabilities
have a greater potential to generate competitive advantage for a firm in
comparison to employing Knowledge Process Capabilities or
Dynamic Capabilities in isolation. The paper makes an attempt to carry
out an exhaustive review of literature and to further build upon the
existing literature by empirically proving as well as suggesting that
organizations need to build both the base level and higher-order
capabilities in the pursuit of global competitiveness.
Keywords: Competitive Advantage, Knowledge-Based View,
Dynamic Capabilities, Knowledge Process Capabilities
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Name | : | Black Ocean strategy: Empirical Research |
Author | : | Kittichok Nithisathian |
Abstract | : |
Black Ocean strategy is another strategy that may exist long time before other strategy since it discuss about paying to
organization first before paying foranother. Since the level of ethical has increased some Black Ocean strategy action may
seem unethical. This paper has discussed the foundation of Black Ocean strategy and discuss some current business activities
related to Black Ocean strategy.
This paper has found a business opportunity as the goal for the Black Ocean strategy. This paper also found four main
elements of Black Ocean strategy which composed of “ability to find the opportunity, ability to manage attitude of public
audience, ability to execute organization strategy, and ability to close the opportunity for other competitors”. Also, this paper
has criticized the behavior of Black Ocean strategy and suggested the cautious business relationship as a way to avoid
threaten by Black Ocean strategy.
Keyword: Black Ocean strategy, White Ocean strategy, Strategic Management
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Name | : | Application of Lord Krishna's Teachings in Business that resolved Arjuna's Dilemma |
Author | : | Ms. Sweety Gupta ,Mr. Shiv Gupta |
Abstract | : |
Bhagavad Gita is undoubtedly, one of the most inspiring and
elevating book present in the spiritual literature of the world.
Bhagavad Gita is universally renowned as an Indianbook on
spiritual wisdom and is a doctrine of universal truth.
Bhagavad Gita shares the messages of Lord Krishna, the
Supreme Personality of Godhead to his intimate disciple
Arjuna.
Bhagavad Gita has seven hundred verses between Lord
Krishna and the confused Arjuna narrated in the
BhishmaParva of the Mahabharata on the battlefield of
Kurukshetra near New Delhi, India, in about 3,100 years
BCE. This pious book contains the messages and learning
given by Lord Krishna to Lord Arjuna, who faced the
dilemma of choosing between the path of fighting for
righteous or not fighting for his right.Bhagavad Gita imparts
the knowledge of the Self and answers some fundamental
questions of life. It is based on the cardinal principles of the
Hindu religion and is a very pious book of Hindus.The
Bhagavad Gita contains words of wisdom and many
practical teachings that can be easily applied to the present
day'slife to solve the numerous problems faced by him. The
Bhagavad Gita transcends the bounds of all religion or race,
and contains divine wisdom addressed to mankind to help
him provide direction.
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Name | : | Self Help Groups as a Channel of Distribution:Paradigm in Rural Marketing |
Author | : | Dr.(Mrs) Meenu Maheshwari , Shobhna Goyal,Dr. Ashok Kumar Gupta |
Abstract | : |
A majority Indian population lives in Rural areas most of which are uniquely characterised by no access, no electricity, no ICT
yet world's biggest emerging market. Hence tapping this huge BOP population through the conventional system is a big
challenge that requires a highly customized penetration strategy. Many good products with affordable price tags and very
convincing promotional efforts plunge into failure just because of poor supply chain or distribution network or escalating
inventory costs. So the distribution network must be tailored to meet the needs of the business and its customers and present
paper is an attempt in this direction. The first part of the paper will discuss the problems of Rural marketing in general. This
emerging market has a gigantic size and has unique problems of its own. So a marketer needs to focus on a (well defined and
suitable to the rural customer) distribution strategy in order to tap the rural market's potential. One such initiative has been
taken by HUL in the name of “Project Shakti” wherein the rural market has been reached through women Self Help Groups.
Companies can cultivate the power of these community organizations to increase sales in rural emerging markets. The paper
will also highlight the progress of SHGs in Mewat District of Haryana and the potential of Distribution through Self Help
Groups in this area as well as other areas having the same credentials. This area has a vast potential as having a very high
women population and the ones who are very confident and can communicate effectively which is a prerequisite for an
effective channel member partner.
Keywords: SHG, BOP, Women Emancipation, Community Organizations
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Name | : | Corporate Snapshot: INDIA |
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Name | : | ECONOMIC UPDATE |
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Name | : | Editorial |
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Name | : | STATS WINDOW |
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