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The IUP Journal of Marketing Management

August '10
Focus

Consumer buying behavior is a complex process which is influenced by individual, behavioral, psychological, social and other factors which affect consumer preferences.

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Local vs. Foreign Made: Are Malaysians Ethnocentric?
A Study of Identifying the Emotional Competence of Indian Salespeople
A Study of Market Share and Factors Affecting the Choice of Cellular Service Provider Among Young Age Group of Kolkata
Indian Sports Celebrities as Brand Endorsers: An Analysis Based on `Q' Score Technique
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Local vs. Foreign Made: Are Malaysians Ethnocentric?

-- Jamil Bojei, Siti Normah Awang Tuah,
Aryaty Alwie and Maisarah Ahmad

The purpose of this study is to examine the effect of consumer ethnocentrism on attitudes toward foreign products among consumers in Malaysia. Self-administered questionnaires were developed and distributed based on convenient sampling. Measures were adopted from previous literatures. The higher the consumer ethnocentric tendencies are, the more reluctant they are to purchase foreign products. Consumers who are high in ethnocentric tendencies show less sense of global openness. This study contributes towards the consumer ethnocentrism literature as the findings did concur with findings from western samples. As reflected in the Malaysian consumers' sample, strong ethnocentric sense was accounted for but traded off by the lack of sense of global openness.

Article Price : Rs.50

A Study of Identifying the Emotional Competence of Indian Salespeople

-- Sandeep Vij, Ritika Sharma and Manoj Kumar Sharma

In this study, the domain specific framework developed by Verbeke et al. (2004) has been applied to identify the dimensionality of Emotional Competence (EC) skills of Indian salespeople. An effort has been made to identify the EC proficiencies of salespeople of India. A random sample of 480 salespeople (120 each from insurance, automobile, pharmaceutical and telecom industries) was selected from different companies. The sample was drawn from northern states like Punjab, Himachal Pradesh and National Capital Region of New Delhi. After scrutinizing the filled questionnaires, responses of 400 salespeople (100 each from respective industries) were finally selected for the analysis. Six emotional competence proficiencies have been found, which represent the EC skills of the Indian salespeople. These proficiencies are—Ironic Perspective, Authentic Dealing, Empathy with Customers, Emotional Acceptability, Ethical Emotional Flexibility and Self Presentations. Findings are similar to the results of studies conducted in other countries.

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A Study of Market Share and Factors Affecting the Choice of Cellular Service Provider Among Young Age Group of Kolkata

-- Debarati Chaterjee and Ishita Chaudhuri

For the last few decades the growth in telecommunication sector in India has gained momentum on account of joint effort of government and the non-government sectors. This galloping growth is due to the enormous increase in mobile subscriber base. As general customers, various factors affect our decision while choosing any particular service provider. So, this paper looks into two major aspects of mobile telephone industry—the concentration of market share and identifying the most important and the least important factors affecting choice of a service provider with the help of tools like Herfindahl Index (HHI), ANOVA and Rank Score Analysis. The results denote that the young users' market is highly concentrated with Vodafone capturing the largest portion of the market. The analysis also reveals that the factors like good network coverage and family friends using the same network are of utmost importance to the customers whereas the offer of free connection with handset being the least important one.

Article Price : Rs.50

Indian Sports Celebrities as Brand Endorsers: An Analysis Based on `Q' Score Technique

-- Supriyo Patra and Saroj Kumar Datta

In the beginning of the 21st century celebrity endorsement phenomenon is assuming a very significant role across the world. Leading companies are prepared to go the extra yard to sign celebrities for endorsing their brand. Sports celebrities are occupying huge amount of advertising space and time in the mass media and endorsing multiple brands. First, this paper focuses on determining the level of awareness about 20 Indian sports celebrities among the respondents. Secondly, the study is aimed at determining the potential of the Indian sports celebrities as probable brand endorsers. Finally, a conceptual guideline is provided to advertisers in selecting the right sports celebrity. The findings of the study clearly pointed out that the Indian cricket celebrities are enjoying 100% awareness among the respondents. However, when it comes to the popularity criteria, not just cricketers but other Indian sports celebrities also have the potential to become successful brand endorser in different mass media.

Article Price : Rs.50

Connect the Dots

Author: Rashmi Bansal
Reviewed by Shailendra Dasari

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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