Welcome to Guest !
 
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
-
   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
The IUP Journal of Brand Management
Focus

The theories and concepts propounded in various disciplines of social sciences and management hold good only if their practical application enables the society to understand the various complex phenomena in these fields through the analysis of relevant factors. The discipline of brand management is no exception to this. Only when a certain concept or theory in the analysis of brand management helps practitioners and academicians in the analysis of a given set of circumstances to solve a prevalent management problem, its relevance is acknowledged and accepted. The papers featured in this issue deal with the practical application of such theoretical concepts in the area of brand management.

The first paper, “A Study on Brand-Switching Behavior and Promotional Strategies for High-End Airline Flight Services”, by Mihir Dash and Jacob Alexander, analyzes the impact of different promotional programs on the brand-switching behavior of students with respect to premium flight services to determine the ‘optimal promotional mix’ that service providers should offer. The authors have used Markov brand-switching model in combination with game theoretic techniques to find out the optimal promotional mixes of the two service providers based on the data collected by a sample survey of customers. The results of their study suggest that both the service providers should adopt a combination of promotional offers, and indicate an asymmetric behavior in response to the promotional schemes of the providers.

The second paper, “Brand Preference Factors of Passenger Cars: An Empirical Assessment”, by C Dharmaraj and J Clement Sudhahar, has identified the underlying factors impacting the brand preference of passenger cars in the Indian market. The results of the study indicate that it is all-round features of the car brands, such as reliability, safety, technology, value for money, high resale value, high mileage, maintenance cost, quality, comforts and durability that prove to be the decisive factors in the customers’ choice of a car in the Indian context.

The third paper, “The Benefits and Risks of Strategic Brand Collaboration”, by Henrik Uggla and Per Åsberg, presents and explains the benefits and risks of brand collaboration from a strategic perspective. The authors claim that integrated benefits and risks with co-branding lie scattered across poorly integrated domains. The paper highlights the various risks and benefits that firms can avail of through strategic brand collaboration.

The last paper, “Destination Branding: A Case Study of Hong Kong”, by Aditya Shankar Mishra, attempts to find out the attributes which can differentiate Hong Kong from other prominent tourist destinations. He applies Kapferer’s brand identity prism to establish Hong Kong’s destination brand identity. The author claims that the differentiated destination brand identity of Hong Kong would eventually help the stakeholders of Hong Kong’s tourism industry to position it on unique attributes.

- Nitin Gupta
Consulting Editor

<< Back
Search
 

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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.

more...

 
View Previous Issues
Brand Management