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The IUP Journal of Marketing Management
Focus

Consumer buying behavior is a complex process which is influenced by individual, behavioral, psychological, social and other factors which affect consumer preferences. A marketing manager has to continuously study consumer lifestyle and behavioral process towards purchase decisions of various goods and services. Marketers should be competitive and enhance customer satisfaction by providing more features and after-sales services through customer relationship. Marketers, besides satisfying consumers, have to provide value additions through continuous analysis of customer expectations. Satisfied consumers have emotional and rational preferences towards products and brands and this creates customer loyalty.

This issue commences with the paper, "Local vs. Foreign Made: Are Malaysians Ethnocentric?", by Jamil Bojei, Siti Normah Awang Tuah, Aryaty Alwie and Maisarah Ahmad. As consumer ethnocentrism is a challenge to the international market this paper examines the role of globalization in buying behaviors by identifying Malaysian consumers' willingness or reluctance to purchase foreign products. A questionnaire was developed for this study.

The second paper, "A Study of Identifying the Emotional Competence of Indian Salespeople", by Sandeep Vij, Ritika Sharma and Manoj Kumar Sharma, tries to identify the dimensionality of emotional competence skills of Indian salespeople. Six emotional competence proficiencies, i.e., Ironic Perspective, Authentic Dealing, Empathy with Customers, Emotional Acceptability, Ethical Emotional Flexibility and Self-Presentations represent the emotional competence skills of the Indian salespeople. This study was conducted in the northern states of India.

The third paper, "A Study of Market Share and Factors Affecting the Choice of Cellular Service Provider Among Young Age Group of Kolkata", by Debarati Chaterjee and Ishita Chaudhuri discusses 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. They have used the tools like Herfindahl Index, ANOVA and Rank score analysis.

The fourth paper, "Indian Sports Celebrities as Brand Endorsers: An Analysis Based on `Q' Score Technique", by Supriyo Patra and Saroj Kumar Datta focuses on determining the level of awareness about the Indian sports celebrities among the respondents. This paper also determines the potential of Indian sports celebrities as brand endorsers, and finally it provides guidelines to the advertisers to select the right sports celebrity.

Finally, the book titled, Connect the Dots, authored by Rashmi Bansal has been reviewed by Shailendra Dasari which discusses the success stories of ordinary individuals without having any professional qualifications from reputed institutes.

-- B Shafiulla
Consulting Editor

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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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Marketing Management