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The IUP Journal of Marketing Management

February '11
Focus

Private Label Brands (PLBs) (retailers brand, store or in-house brands) are brands introduced by power retailers under their own brand name. E.g., Big Bazaar’s major private brands are DreamLine, Kryo, Premium Harvest,

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Perceptions and Buyer Behavior Towards Private-Label Colas: An Exploratory Study to Understand the Views of the Store Managers of United Kingdom
A Comparative Study on Consumers' Attitude Towards Private Labels: A Focus on Gujarat
ECRM Using Online Communities
TV Viewing Habits Amongst Urban Children
Bajaj Auto: From Chetak to Pulsar and Beyond
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Perceptions and Buyer Behavior Towards Private-Label Colas: An Exploratory Study to Understand the Views of the Store Managers of United Kingdom

-- Samrat Chakraborty

Private-label brands are the brain child of retailers. These products are fully owned, controlled and sold exclusively by the retailers, and can be found across all the product categories. The private-label cola (carbonated soft drinks) is one such type of product that has been manufactured and sold by some big retailers of UK. These colas are priced very low compared to premium colas and do posses a huge resemblance to the premium ones. In recent years, these colas have been flooded across the respective retail stores, the sales volume has gone up, giving a tough competition to premium brands (Coca-Cola and Pepsi) in the carbonated soft drinks sector. In spite of the growing popularity of these colas, premium ones still do have a great brand image in market compared to their private-label counterparts. Earlier research studies have revealed that both attitudes and perceptions play an important role in building the image of a product. Moreover, they play a crucial role in customer buying behavior process.This paper tries to explore the general perceptions, and subsequently the buyer behavior about private-label colas in the UK retail market. The study, which is based on qualitative research methodology, focuses on a series of in-depth interviews of the store-managers of four big selected retailers of UK (having their own private-label colas), in order to meet the above mentioned research objectives.

Article Price : Rs.50

A Comparative Study on Consumers' Attitude Towards Private Labels: A Focus on Gujarat

-- Amit R Pandya and Monarch A Joshi

With many international, national and regional players trying to tap the market, retail is one of the most dynamic, fast paced upcoming sectors in India. One of the routes to succeed in retail business is to focus on own brands/store brands/Private Label brands (PLs), as the financials of retail firms are very sensitive to margins on the brands they sell. Further, PLs also offer retailers greater control over the supply chain, negotiating margins with National Brands (NBs) manufacturers or companies; opportunity to launch customized and innovative products. Hence, they build a platform for store loyalty and increase footfalls. As managing PLs is quite a critical function, they are to be managed professionally. This paper focuses on determining and comparing the customers' attitude towards NBs and PLs with respect to different attributes in two major cities of Gujarat. Further, it also discusses the preference pattern of respondents for PLs in different categories of products.

Article Price : Rs.50

ECRM Using Online Communities

-- Shirin Alavi, Vandana Ahuja and Y Medury

This paper focuses on the role of online communities in performing two important functions of CRM—building trust and enhancing perceived value in consumers. The paper moves ahead to study the features of online communities which make them part of the value delivering and enhancing mechanisms in organizations. The individual features ranging from co-presence, reciprocity and conviviality have well-defined roles to play in building relationships with customers and furthering the CRM goals of the organization.

Article Price : Rs.50

TV Viewing Habits Amongst Urban Children

-- Amardeep Kaur Ahluwalia and Raghbir Singh

TV competes with family, school, society and religious institutions to provide role models and information that affect childrens' beliefs, values, behavior, attitude and lifestyle. This study was conducted to make note of TV viewing patterns amongst children from middle and upper middle socioeconomic strata of the urban society. A sample of 400 children of 8 to 16 years of age, across the region of Punjab was selected. It was found that on an average, children watch two hours or less of TV daily and most of them indulged in bedtime TV viewing. They watched TV primarily for entertainment and for learning. Childrens' most preferred program was childrens' shows/serials, followed by cartoon/animated programs. More number of girls and older children watch TV to learn and to counter loneliness and because parents discussed TV more often with them compared to boys and younger children.

Article Price : Rs.50

Bajaj Auto: From Chetak to Pulsar and Beyond

-- Harish R

Bajaj Auto Ltd., which commenced production of scooters in 1960, is the longest surviving player in the Indian two-wheeler industry. At the time of its completing 50 years of two-wheeler manufacturing in 2010, its annual turnover had crossed 120 bn. Bajaj Auto has survived and is doing well, while many of its competitors fell to the onslaught of dramatic changes brought about by the liberalization introduced in 1991. However, Bajaj Auto which was the undisputed leader in the Indian two-wheeler market for decades, was pushed to the second place in 2001-02 by Hero Honda Motors Ltd. While the Indian market shifted from scooters to motorcycles, Bajaj Auto followed the trend, though with a slight lag. But it failed to exploit the shift in demand within the scooters segment from geared scooters to ungeared scooters. The market dynamics has been undergoing more rapid changes in the recent years, and the years to come would be no different. Can Bajaj Auto regain its lost position; and if so, how?

Article Price : Rs.50

Seven Steps to Mastering Business Analysis

-- Barbara A Carkenord
-- J Venkataraman

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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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