差异化营销策略研究外文文献翻译2017
市场营销策略外文文献及翻译
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市场营销策略外文文献及翻译Marketing StrategyMarket Segmentation and Target StrategyA market consists of people or organizations with wants,money to spend,and the willingness to spend it.However,within most markets the buyer' needs are not identical.Therefore,a single marketing program starts with identifying the differences that exist within a market,a process called market segmentation, and deciding which segments will be pursued ads target markets.Marketing segmentation enables a company to make more efficient use of its marketing resources.Also,it allows a small company to compete effectively by concentrating on one or two segments.The apparent drawback of market segmentation is that it will result in higher production and marketing costs than a one-product,mass-marketstrategy.However, if the market is correctly segmented,the better fit with customers' needs will actually result in greater efficiency.The three alternative strategies for selecting a target market are market aggregation,single segment,and multiplesegment.Market-aggregation strategy involves using one marketing mix to reach a mass,undifferentiated market.With a single-segment strategy, acompany still uses only one marketing mix,but it is directed at only one segment of the total market.A multiple-segment strategy entailsselecting two or more segments and developing a separate marketing mix to reach segment.Positioning the ProductManagement's ability to bring attention to a product and to differentiate it in a favorable way from similar products goes a long way toward determining that product's revenues.Thus management needs to engage in positioning,which means developing the image that a product projects in relation to competitive products and to the firm's other products.Marketing executives can choose from a variety of positioning strategies.Sometimes they decide to use more than one for a particular product.Here are several major positioning strategies:1.Positioning in Relation to a competitorFor some products,the best position is directly against the competition.This strategy is especially suitable for a firm that already has a solid differential advantage or is trying to solidify such an advantage.To fend off rival markers of microprocessors,Intelunched a campaign to convince buyers that its product is superior to competitors.The company even paid computer makers to include the slogan,"Intel Inside" in their ads.As the market leader,Coca-Cola introduces new products and executes its marketing strategies.At the same time,it keeps an eye on Pepsi-Cola,being sure to match anyclever,effective marketing moves made by its primary competitor.2.Positioning in Relation to a Product Class or AttributeSometimes a company's positioning strategy entails associating its product with or distancing it from a product class or attributes.Some companies try to place their products in a desirable class,such as"Madein the USA."In the words of one consultant,"There is a strong emotional appeal when you say,'Made in the USA'".Thus a small sportswear manufacturer,Boston Preparatory Co.is using this positioning strategy to seek an edge over large competitors such as Calvin Klein and Tommy Hilfiger,which don't produce all of their products in the U.S..3.Positioning by Price and QualityCertain producer and retailers are known for their high-quality products and high prices.In the retailing field,Sake Fifth Avenue and Neiman Marcus are positioned at one end of the price-qualitycontinuum.Discount stores such as Target and Kmart are at theother.We're not saying,however,that discounters ignore quality;rather, they stress low prices.Penney's tired―and for the most part succeeded in―repositioning its stores on the price-quality continuum by upgrading apparel lines and stressing designer names.The word brands is comprehensive;it encompasses other narrowerterms.A brand is a name and/or mark intended to identify the product of one seller or group of sellers and differentiate the product from competing products.A brand name consists of words,letters,and/or numbers that can be vocalized.A brand mark is the part of the brand that appears in the form of a symbol, design,or distinctive color or lettering.A brand mark isrecognized buy sight bu cannot be expressed when a person pronounces the brand name.Crest,Coors,and rider for Ralph Lauren's Polo Brand.Green Giant canned and frozen vegetable products and Arm&Hammer baking soda are both brand names and brand marks.A trademark is a brand that has been adopted by a seller and given legal protection.A trademark includes not just the brand mark,as many people believe,but also the brand name.The Lanham Act of 1946 permits firms to register trademarks with the federal government to protect them from use or misuse by other companies.The Trademark Law RevisionAct,which took effect in 1989,is tended to strengthen the the registration system to the benefit of U.S. Firms.For sellers,brands can be promoted.They are easily recognized when displayed in a store or included in advertising.Branding reduces price comparisons.Because brands are another factor that needs to be considered in comparing different products,branding reduces the likelihood of purchase decision based solely on price.The reputation of a brand alsoinfluences customer loyalty among buyers of services as well as customer goods.Finally,branding can differentiate commodities Sunkist oranges,Morton salt,and Domino sugar,for example .PricingPricing is a dynamic process,Companies design a pricing structure that covers all their products.They change this structure over time and adjust it to account for different customers and situations.Pricing strategies usually change as a product passes through itslife cycle.Marketers face important choice when they select new product pricing strategies.The company can decide on one of several price-quality strategies for introducing an imitative product.In pricing innovative products,it can practice market-skimming pricing by initially setting high prices to"skim"the imum amount of revenue from various segments of the market.Or it can use market penetration pricing by setting a low initial price to win a large market share.Companies apply a variety of price-adjustment strategies to account for differences in consumer segments and situations.One is discount and allowance pricing,whereby the company decides on quantity,functional,or seasonal discounts,or varying types of allowances. A second strategy is segmented pricing, where the company sellers a product at two or more prices to allow for differences in customers, products, or locations. Sometimes companies consider more than economics in their pricing decisions,and use psychological pricing to communicate about the product's quality or value.In promotional pricing,companies temporarily sell their product bellow list price as a special-event to draw more customers,sometimes even selling below cost.With value pricing, the company offers just the night combination of quality and good service at a fair price. Another approach is geographical pricing, whereby the company decides how to price distant customers, choosing fromalternative as FOB pricing,uniform delivered pricing, zone pricing, basing-point pricing, and freight-absorption pricing. Finally,international pricing means that the company adjusts its price to meet different world markets.Distribution ChannelsMost producers use intermediaries to bring their products to market.They try to forge a distribution channel―a set of interdependent organizations involved in the process of marking a product or service available for use or consumption by the consumers or business user.Why do producers give some of the selling job tointermediaries?After all,doing so means giving up some control over how and to whom the products are sold.The use of intermediaries results from their greater efficiency in marking goods available to targetmarkets.Through their contacts, experience, specialization, and scales of operation,intermediaries usually offer the firm move value than it can achieve on its own efforts.A distribution channel moves goods from producers to customers.Itovercomes the major time, place, and possession gaps that separate goods and services from those who would use them. Members of the marketing channel perform many functions. Some help to complete transactions:rmation.2.Promotion.3.Contact:finding and communicating with prospective buyers.4.Matching:fitting the offer to the buyer's needs, including such activities as manufacturing and packaging.5.Negotiation:reaching an agreement on price and other terms of the offer so that ownership or possession can be transferred.Other help to fulfill the completed transferred.1.Transporting and storing goods.2.Financing.3.Risk taking:assuming the risk of carrying out the channel work.The question is not whether these functions need to be performed, but rather who is to perform them. All the functions have three things in common:They use up scarce resource, they often can be performed better through specialization, and they can be shifted among channel members.To the extent that the manufacturer performs these functions, its costs go up and its prices have to be higher. At the same time, when some of these functions are shifted to intermediaries, the producer's costs and prices may be lower, but the intermediaries must charge more to cover the costsof their work. In dividing the work of the channel, the various functions should be assigned to the channel members who can perform them most efficiently and effectively to provide satisfactory assortments of goods to target consumers.Distribution channels can be described by the number of channellevels involved. Each layer of marketing intermediaries that performs some work in brining the product and its ownership closer to the final buyer is a channel level. Because the producer and the final consumer both perform some work, they are part of every channel.When selecting intermediaries, the company should determine what characteristics distinguish the better ones. It will want to evaluate the the channel member's years in business, other lines carried, growth and profit record, co-operativeness, and reputation. If the intermediaries are sales agents, the company will want to evaluate the number and character of the other lines carried, and the size andquality of the sales force. If the intermediary is a retail store that wants exclusive or selective distribution, the company will want to evaluate the store's customers, location, and future growth potential.Understanding the nature of distribution channels is important, as choosing among distribution channels is one of the most challenging decisions facing the firm. Marketing intermediaries are used because they provide greater efficiency in marking goods available to target markets.The key distribution channel function is moving goods from producers to consumers by helping to complete transactions and fulfill the completed transaction. Distribution channels can be described by the number of channel levels, which can include no intermediaries in adirect channel, or one to several intermediaries in indirect channels.PromotionPromotion is one of the four major elements of the company's marketing mix. The main promotion tools――advertising, sales promotion, public relations, and personal selling――work together to achieve the company'scommunications objectives.People at all levels of the organization must be aware of the many legal and ethical issues surrounding marketing communications. Much work is required to produce socially responsible marketing communicating in advertising, personal selling, and direct selling. Companies must work hard and proactively at communicating openly, honestly, and agreeably with their customers and resellers.市场营销策略一、市场细分和目标市场策略具有需求,具有购买能力并愿意花销的个体或组织构成了市场。
市场营销 外文翻译 外文文献 英文文献 差异化营销策略
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市场营销外文翻译外文文献英文文献差异化营销策略差异化营销策略实施差异化营销策略,首先把科学、缜密的市场调查、市场细分和市场定位作为基础。
这是因为,市场调查、市场细分和市场定位能够为企业决策者提供顾客在物质需要和精神需要的差异,准确地把握“顾客需要什么,”在此基础上,分析满足顾客差异需要的条件,要根据企业现实和未来的内外状况,研究是否具有相应的实力,目的是明确“本企业能为顾客提供什么,”这一主题材。
如果是耐用消费品,应以产品差异和服务差异为主攻方向;如果是目用消费品、食品饮料则应以建立形象差异为重点。
差异化策略是一个动态的过程。
任何差异都有不是一成不变的。
随着社会经济和科学技术的发展,顾客的需要也会随之发生变化,昨天的差异化会变成今天的一般化。
例如人们以前对手表的选择,走时准确被视为第一标准,而如今在石英技术应用之后,“准”已有成为问题,于是人们又把目光集中在款式上;手机一度被视为高收入阶层的独享之物,今天早已进入寻常百姓的手中。
如果手表生产企业再把走时准确作为追求的战略目标,显然是不宜的。
手机厂家再把目光瞄准款哥、款姐也断不能取胜。
其次,竞争对手也是在变化的,尤其是一些价格、广告、售后服务、包装等方面,是很容易被那些实施跟进策略的企业模仿。
任何差异都不会永久保持,要想使用权本企业的差异化战略成为长效药,出路只有不断创新,用创新去适应顾客需要的变化,用创新去战胜对手的“跟进”。
差异化策略是一个系统。
以上谈到的各种差异化策略只是在形容问题中的人为分类。
在具体操作中,经营者不仅要根据行业内竞争态势,企业产品的生命周期,产品的类型实施相应的差异化策略。
更有必要的是要使差异化策略形成一个系统,全面实施。
实施产品差异化,要为顾客提供独具一格产品,为对手所不能为。
慧中而秀外,还应该从包装到产品的宣传都显示出明显的差异,在顾客中建立难以忘怀的形象。
如果是耐用消费品,提供周到的服务,让顾客处处感到方便、安全,更是不可或缺的。
营销策略分析 外文文献
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外文文献及其译稿题目德芙巧克力在中国市场的营销策略分析姓名谢谢学号**********专业班级工商管理0696班所在学院集美大学诚毅学院指导教师(职称)黄彩云二○壹○年五月十日外文文献A marketer’s guide to behavioral economicsApirl.2010 • Ned Welch• McKinsey QuarterlyMarketers have been applying behavioral economics-often unknowingly for years. A more systematic approach can unlock significant value.Long before behavioral economics had a name, marketers were using it. “Three for the price of two” offers and extended-payment layaway plans became widespread because they worked—not because marketers had run scientific studies showing that people prefer a supposedly free incentive to an equivalent price discount or that people often behave irrationally when thinking about future consequences. Yet despite marketing’s inadvertent leadership in using principles of behavioral economics, few companies use them in a systematic way. In this article, we highlight four practical techniques that should be part of every marketer’s tool kit.1. Make a product’s cost less painfulIn almost every purchasing decision, consumers have the option to do nothing: they can always save their money for another day. That’s why the marketer’s task is not just to beat competitors but also to persuade shoppers to part with their money in the first place. According to economic principle, the pain of payment should be identical for every dollar we spend. In marketing practice, however, many factors influence the way consumers value a dollar and how much pain they feel upon spending it.Retailers know that allowing consumers to delay payment can dramatically increase their willingness to buy. One reason delayed payments work is perfectly logical: the time value of money makes future payments less costly than immediate ones. But there is a second, less rational basis for this phenomenon. Payments, like all losses, are viscerally unpleasant. But emotions experienced in the present—now—are especially important. Even small delays in payment can soften the immediate sting of parting with your money and remove an important barrier to purchase.Another way to minimize the pain of payment is to understand the ways “mental accounting” affect s decision making. Consumers use different mental accounts for money they obtain from different sources rather than treating every dollar they own equally, as economists believe they do, or should. Commonly observed mental accounts include windfall gains, pocket money, income, and savings. Windfall gains and pocket money are usually the easiest for consumers to spend. Income is less easy to relinquish, and savings the most difficult of all.Technology creates new frontiers for harnessing mental accounting to benefit both consumers and marketers. A credit card marketer, for instance, could offer a Web-based or mobile-device application that gives consumers real-time feedback on spending against predefined budget and revenue categories—green, say, for below budget, red for above budget, and so on. The budget-conscious consumer is likely to find value in suchaccounts (although they are not strictly rational) and to concentrate spending on a card that makes use of them. This would not only increase the issuer’s interchange fees and financing income but also improve the issuer’s view of its customers’ overall financial situation. Finally, of course, such an application would make a genuine contribution to these consumers’ desire to live within their means.2. Harness the power of a default optionThe evidence is overwhelming that presenting one option as a default increases the chance it will be chosen. Defaults—what you get if you don’t actively make a choice—work partly by instilling a perception of ownership before any purchase takes place, because the pleasure we derive from gains is less intense than the pain from equivalent losses. When we’re “given” something by default, it becomes more valued than it would have been otherwise—and we are more loath to part with it.Savvy marketers can harness these principles. An Italian telecom company, for example, increased the acceptance rate of an offer made to customers when they called to cancel their service. Originally, a script informed them that they would receive 100 free calls if they kept their plan. The script was reworded to say, “We have already credited your account with 100 calls—how could you use those?” Many customers did not want to give up free talk time they felt they already owned.Defaults work best when decision makers are too indifferent, confused, or conflicted to consider their options. That principle is particularly relevant in a world that’s increasingly awash with choices—a default eliminates the need to make a decision. The default, however, must also be a good choice for most people. Attempting to mislead customers will ultimately backfire by breeding distrust.3. Don’t overwhelm consumers with choiceWhen a default option isn’t possible, marketers must be wary of generating “choice overload,” w hich makes consumers less likely to purchase. In a classic field experiment, some grocery store shoppers were offered the chance to taste a selection of 24 jams, while others were offered only 6. The greater variety drew more shoppers to sample the jams, but few made a purchase. By contrast, although fewer consumers stopped to taste the 6 jams on offer, sales from this group were more than five times higher.Large in-store assortments work against marketers in at least two ways. First, these choices make consumers work harder to find their preferred option, a potential barrier to purchase. Second, large assortments increase the likelihood that each choice will become imbued with a “negative halo”—a heightened awareness that every option requires you to forgo desirable features available in some other product. Reducing the number of options makes people likelier not only to reach a decision but also to feel more satisfied with their choice.4. Position your preferred option carefullyEconomists assume that everything has a price: your willingness to pay may be higher than mine, but each of us has a maximum price we’d be willing to pay. How marketers position a product, though, can change the equation. Consider the experience of the jewelry store owner whose co nsignment of turquoise jewelry wasn’t selling. Displaying it more prominently didn’t achieve anything, nor did increased efforts by her sales staff. Exasperated, she gave her sales manager instructions to mark the lot down “x½” anddeparted on a buying trip. On her return, she found that the manager misread the note and had mistakenly doubled the price of the items—and sold the lot.2 In this case, shoppers almost certainly didn’t base their purchases on an absolute maximum price. Instead, they made inferenc es from the price about the jewelry’s quality, which generated a context-specific willingness to pay.The power of this kind of relative positioning explains why marketers sometimes benefit from offering a few clearly inferior options. Even if they don’t s ell, they may increase sales of slightly better products the store really wants to move. Similarly, many restaurants find that the second-most-expensive bottle of wine is very popular—and so is the second-cheapest. Customers who buy the former feel they are getting something special but not going over the top. Those who buy the latter feel they are getting a bargain but not being cheap. Sony found the same thing with headphones: consumers buy them at a given price if there is a more expensive option—but not if they are the most expensive option on offer.Another way to position choices relates not to the products a company offers but to the way it displays them. Our research suggests, for instance, that ice cream shoppers in grocery stores look at the brand first, flavor second, and price last. Organizing supermarket aisles according to way consumers prefer to buy specific products makes customers both happier and less likely to base their purchase decisions on price—allowing retailers to sell higher-priced, higher-margin products. (This explains why aisles are rarely organized by price.) For thermostats, by contrast, people generally start with price, then function, and finally brand. The merchandise layout should therefore be quite different.Marketers have long been aware that irrationality helps shape consumer behavior. Behavioral economics can make that irrationality more predictable. Understanding exactly how small changes to the details of an offer can influence the way people react to it is crucial to unlocking significant value—often at very low cost.不可或缺的营销四技巧多年来,营销商一直在运用行为经济学,但往往是不自觉地运用。
差异化营销策略研究外文文献翻译2017
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差异化营销策略研究外文文献翻译2017The purpose of this research is to XXX.2.Literature ReviewBrand XXX and distinctive identity for a brand in the mindsof consumers。
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Differentiation Marketing Strategy差异化营销策略(英文版)
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DIFFERENTIATION Smart Marketing StrategiesDIFFERENTIATIONSMART MARKETING STRATEGIESBy Terri ZwierzynskiAre you ever frustrated or hesitant when you talk to prospective customers because you can't readily explain why they should come to you rather than go to your competitors? Sure, you might have your 30-second elevator speech, but then they ask you that dreaded question, so what makes you different? Then, all those self-doubts creep in, and you just aren't sure what to say. Differentiation can boost confidence--yours in yourself and that prospective customer's confidence in you!Dif-fer-en-ti-ate v. tr. To perceive or show the difference in or between; discriminate.In business terms, to differentiate means to create a benefit that customers perceive as being of greater value to them than what they can get elsewhere. It's not enough for you to be different--a potential customer has to take note of the difference and must feel that the difference somehow fits their need better. (Other words that mean virtually the same thing: Competitive Advantage; Unique Selling Proposition; or Value Proposition.) As you are building your business, you can use differentiation to attract more customers. Once you have momentum, differentiation allows you to charge a higher price because you are delivering more value to your customers. Make a point to evaluate and adjust your differentiation methods at least annually.The various methods of differentiating your businesses fall into four general categories:∙Price Differentiation∙Focus Differentiation∙Product/Service Differentiation∙Customer Service DifferentiationPrice DifferentiationDifferentiating on price is probably the most common and easily understood method. HOWEVER, caution is in order. On the one hand, potential customers might expect a lower price from you than from your larger competition because they perceive you as having less overhead, etc. On the other hand, cheaper prices can evoke perceptions of lower quality, a less-stable business, etc. And if you compete on price against competitors with deeper pockets, you can price yourself right into bankruptcy. Be creative with this differentiator by competing on something other than straight price. For example, you might offer: ∙More value - offer more products or services for the same price.∙Freebies - accessories, companion products, free upgrades, and coupons for future purchases.∙Free shipping, etc. - convenience sells, especially when it is free!∙Discounts - includes offering regular sales, coupons, etc. (see cautions above)Focus DifferentiationThis is the most important method of differentiation, and in many ways, the easiest. Why? Because you simply can't be everything to everybody, so you must pick a specific way to focus your business. Once you have done that, you have an automatic advantage over larger companies because you can become more of an expert in that one field --and you can build close relationships with key customers that will be hard to duplicate. For example, you might differentiate yourself through:∙Location - take advantage your closeness to prospective customers.∙Customer specialization - be very specific about what characteristics your customers will have for example, racing bicycle enthusiasts or companies with a spiritualconscience.∙Customer relationships - know customers really well, form partnerships with them, and get them to speak for you!∙Affinity relationships - associate your product/service with a well-known person or organization.∙One-stop shopping - offer everything your target market needs, in your area of expertise.∙Wide selection (within your niche) although this one may seem to be the opposite of focus - the key is to be very specific in one dimension and very broad in another.Product/Service Offering DifferentiationHow much you are able to differentiate your product or service offering will vary based on what type of business you are in. For instance, if you are in a highly regulated business, your options may be limited. Explore a totally new market or type of product or service, however, and the possibilities abound. The key to successful differentiation in this category, again, is to know your customers, really, really well. Talk to them often, and you will know what they need most and be able to offer it, long before your competitors know what is happening. For example, your product or service could stand out in one of these ways:∙Quality - create a product or service that is exceptional in one or more ways.Examples: Lasts longer --Better --Easier to use --Safer∙New/First - be the first one to offer something in your location/field.∙Features/Options - offer lots of choices, unusual combinations, or solve a problem for a customer in a way no one else does.∙Customization - you may be able to more easily handle special orders than big, mass-market competitors.Customer Service DifferentiationHave you noticed how customer service seems to be out of vogue these days? This situation makes excellent customer service a great opportunity for differentiation and another natural advantage for entrepreneurs that already know what s important to their customers. Build your reputation on making customers feel really good about doing business with you. Works great with referral marketing, too. Examples:∙Deliver Fast - next day, or one-hour--make it faster than customers think possible.∙Unique channel - offer a service over the phone or Internet instead of in person or in their office rather than yours.∙Service-delight customers! - it may seem expensive to offer exceptional service--but it pays off in word-of-mouth advertising.∙Before/during/after-sales support - provide technical or other support to customers using your product. You might use joint ventures to provide that support--butcustomers will perceive it as being from you!∙Guarantee/warranty - offer 100% money-back, or free replacement parts.∙YOU - offer yourself, your unique blend of talents and skills, to attract customers.Make sure they get access to you, too!Keys to Successful Differentiation:∙Know your customers, really, really well.∙Pick a blend of differentiation methods that, in the eyes of your customers, truly sets you apart.∙Talk about your differentiation in terms of customer benefits.∙Tell everyone about what differentiates you--often.∙Keep your differentiation fresh by listening for changing customer needs.。
营销策略研究 英文版
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营销策略研究英文版《The Study of Marketing Strategies》Marketing strategies play a crucial role in the success of a business. With the increasing competition in the market, it has become essential for businesses to come up with effective and innovative strategies to attract and retain customers. The study of marketing strategies aims to analyze and understand the various approaches that businesses use to promote their products and services.One of the key aspects of marketing strategy research is consumer behavior. Understanding the needs, preferences, and purchasing patterns of the target audience is critical in devising a successful marketing plan. This involves conducting surveys, focus groups, and analysis of consumer data to gain insights into what drives their decision-making process.Another important area of study in marketing strategies is competitor analysis. Businesses need to be aware of their competitors' tactics, strengths, and weaknesses to position themselves effectively in the market. This involves studying their product offerings, pricing strategies, promotional activities, and distribution channels to identify opportunities and threats. Furthermore, the study of marketing strategies also encompasses the exploration of various promotional channels and tactics. This includes traditional marketing methods such as advertising, direct mail, and public relations, as well as newer digital marketing strategies like social media, content marketing, and influencer partnerships. Understanding the effectiveness of differentpromotional channels and how to integrate them into a cohesive marketing plan is essential for reaching and engaging with the target audience.Additionally, the study of marketing strategies also delves into the concept of branding and positioning. This involves creating a unique and compelling brand identity that resonates with the target audience and differentiates the business from its competitors. It also involves identifying the most effective ways to position the brand in the minds of consumers, based on its unique value proposition and target market.In conclusion, the study of marketing strategies is crucial for businesses to stay competitive and achieve their objectives. By understanding consumer behavior, analyzing competitors, exploring promotional tactics, and crafting a strong brand identity, businesses can develop effective marketing strategies that drive success in the marketplace. This research is an ongoing process, as the market environment and consumer preferences are constantly evolving, making it essential for businesses to continuously monitor and adjust their strategies to stay ahead of the competition.。
关于营销策划的英文文献
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关于营销策划的英文文献Marketing planning is a vital aspect of any business strategy, as it helps organizations identify and achievetheir marketing objectives. Effective marketing planning involves a comprehensive analysis of the market, target audience, and competitors, followed by the development of a strategic plan that outlines the marketing objectives, target market segments, positioning strategies, and marketing mix elements. This article aims to provide an in-depth analysis of marketing planning by examining its importance, process, key components, and challenges.1. IntroductionMarketing planning plays a crucial role in the success of organizations by ensuring that their marketing efforts are aligned with their overall business objectives. It involves setting clear goals and objectives that guide the development of strategies to achieve them. This article explores the various aspects of marketing planning and its significance in today's dynamic business environment.2. Importance of Marketing PlanningEffective marketing planning helps organizations gain a competitive edge by identifying opportunities in the market and developing strategies to exploit them. It provides a roadmap for achieving marketing goals while considering factors such as customer needs, market trends, competitive landscape, and internal capabilities. Marketing planning also facilitates resource allocation for various marketingactivities and ensures that efforts are focused on activities with high potential for success.3. The Process of Marketing PlanningThe process of developing an effective marketing plan involves several key steps:3.1 Situation AnalysisThis step involves conducting a comprehensive analysis of the internal and external factors influencing the organization's ability to achieve its marketing objectives. It includes analyzing customer needs and behaviors, evaluating competitors' strategies, assessing market trends and opportunities.3.2 Setting ObjectivesBased on the situation analysis findings, clear objectives are set for various aspects such as sales growth targets or market share goals.3.3 Target Market SegmentationIdentifying target market segments is crucial for effective resource allocation and customization of marketing efforts based on specific customer needs.3.4 Positioning StrategyDeveloping an effective positioning strategy helps differentiate products or services from competitors and create a unique value proposition for target customers.3.5 Marketing Mix DevelopmentThe marketing mix consists of product, price, place, and promotion. Developing a mix that aligns with the target market segments and positioning strategy is critical forsuccess.3.6 Implementation and ControlThe marketing plan is put into action, and progress is monitored through various metrics to ensure that objectives are being met.4. Key Components of Marketing PlanningA well-developed marketing plan comprises several key components:4.1 Executive SummaryThis section provides an overview of the marketing plan, highlighting key objectives, strategies, and expected outcomes.4.2 Situation AnalysisA detailed analysis of the internal and external factors influencing the organization's marketing efforts is presented in this section.4.3 ObjectivesClear and measurable objectives are defined in this section to guide the development of strategies and tactics.4.4 Target Market SegmentationThis section identifies specific market segments based on various criteria such as demographics, psychographics, or behavior patterns.4.5 Positioning StrategyThe positioning strategy outlines how the organization intends to position its products or services in the minds of target customers relative to competitors.4.6 Marketing Mix StrategiesThis section outlines specific strategies for product development, pricing, distribution channels selection, and promotional activities based on target market segments and positioning strategy.5. Challenges in Marketing PlanningDeveloping an effective marketing plan can be challenging due to various factors:5.1 Changing Market DynamicsMarkets are constantly evolving due to technological advancements or shifts in customer behavior patterns; therefore, organizations need to adapt their plans accordingly.5.2 Data Availability & AnalysisAccurate data collection can be challenging; organizations need reliable data for effective analysis that drives decision-making during planning activities.5.3 Resource AllocationAllocating resources effectively across different marketing activities can be a complex task; organizations need to prioritize activities with maximum potential for success.5.4 Implementation and ControlSuccessfully implementing and monitoring the marketing plan requires coordination and collaboration across various departments within the organization.6. ConclusionMarketing planning is a critical process that helps organizations achieve their marketing objectives by aligning their efforts with market needs and competitive dynamics. Byconducting a comprehensive analysis, setting clear objectives, identifying target market segments, developing a positioning strategy, and implementing effective marketing mix strategies, organizations can gain a competitive advantage in the market. However, challenges such as changing market dynamics, data availability & analysis, resource allocation, and implementation & control need to be addressed to ensure successful marketing planning.。
市场营销策略外文文献及翻译
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市场营销策略外文文献及翻译Marketing StrategyMarket Segmentation and Target StrategyA market consists of people or organizations with wants,money to spend,and the willingness to spend it.However,within most markets the buyer' needs are not identical.Therefore,a single marketing program starts with identifying the differences that exist within a market,a process called market segmentation, and deciding which segments will be pursued ads target markets.Marketing segmentation enables a company to make more efficient use of its marketing resources.Also,it allows a small company to compete effectively by concentrating on one or two segments.The apparent drawback of market segmentation is that it will result in higher production and marketing costs than a one-product,mass-marketstrategy.However, if the market is correctly segmented,the better fit with customers' needs will actually result in greater efficiency.The three alternative strategies for selecting a target market are market aggregation,single segment,and multiplesegment.Market-aggregation strategy involves using one marketing mix to reach a mass,undifferentiated market.With a single-segment strategy, acompany still uses only one marketing mix,but it is directed at only one segment of the total market.A multiple-segment strategy entailsselecting two or more segments and developing a separate marketing mix to reach segment.Positioning the ProductManagement's ability to bring attention to a product and to differentiate it in a favorable way from similar products goes a long way toward determining that product's revenues.Thus management needs to engage in positioning,which means developing the image that a product projects in relation to competitive products and to the firm's other products.Marketing executives can choose from a variety of positioning strategies.Sometimes they decide to use more than one for a particular product.Here are several major positioning strategies:1.Positioning in Relation to a competitorFor some products,the best position is directly against the competition.This strategy is especially suitable for a firm that already has a solid differential advantage or is trying to solidify such an advantage.To fend off rival markers of microprocessors,Intelunched a campaign to convince buyers that its product is superior to competitors.The company even paid computer makers to include the slogan,"Intel Inside" in their ads.As the market leader,Coca-Cola introduces new products and executes its marketing strategies.At the same time,it keeps an eye on Pepsi-Cola,being sure to match anyclever,effective marketing moves made by its primary competitor.2.Positioning in Relation to a Product Class or AttributeSometimes a company's positioning strategy entails associating its product with or distancing it from a product class or attributes.Some companies try to place their products in a desirable class,such as"Madein the USA."In the words of one consultant,"There is a strong emotional appeal when you say,'Made in the USA'".Thus a small sportswear manufacturer,Boston Preparatory Co.is using this positioning strategy to seek an edge over large competitors such as Calvin Klein and Tommy Hilfiger,which don't produce all of their products in the U.S..3.Positioning by Price and QualityCertain producer and retailers are known for their high-quality products and high prices.In the retailing field,Sake Fifth Avenue and Neiman Marcus are positioned at one end of the price-qualitycontinuum.Discount stores such as Target and Kmart are at theother.We're not saying,however,that discounters ignore quality;rather, they stress low prices.Penney's tired―and for the most part succeeded in―repositioning its stores on the price-quality continuum by upgrading apparel lines and stressing designer names.The word brands is comprehensive;it encompasses other narrowerterms.A brand is a name and/or mark intended to identify the product of one seller or group of sellers and differentiate the product from competing products.A brand name consists of words,letters,and/or numbers that can be vocalized.A brand mark is the part of the brand that appears in the form of a symbol, design,or distinctive color or lettering.A brand mark isrecognized buy sight bu cannot be expressed when a person pronounces the brand name.Crest,Coors,and rider for Ralph Lauren's Polo Brand.Green Giant canned and frozen vegetable products and Arm&Hammer baking soda are both brand names and brand marks.A trademark is a brand that has been adopted by a seller and given legal protection.A trademark includes not just the brand mark,as many people believe,but also the brand name.The Lanham Act of 1946 permits firms to register trademarks with the federal government to protect them from use or misuse by other companies.The Trademark Law RevisionAct,which took effect in 1989,is tended to strengthen the the registration system to the benefit of U.S. Firms.For sellers,brands can be promoted.They are easily recognized when displayed in a store or included in advertising.Branding reduces price comparisons.Because brands are another factor that needs to be considered in comparing different products,branding reduces the likelihood of purchase decision based solely on price.The reputation of a brand alsoinfluences customer loyalty among buyers of services as well as customer goods.Finally,branding can differentiate commodities Sunkist oranges,Morton salt,and Domino sugar,for example .PricingPricing is a dynamic process,Companies design a pricing structure that covers all their products.They change this structure over time and adjust it to account for different customers and situations.Pricing strategies usually change as a product passes through itslife cycle.Marketers face important choice when they select new product pricing strategies.The company can decide on one of several price-quality strategies for introducing an imitative product.In pricing innovative products,it can practice market-skimming pricing by initially setting high prices to"skim"the imum amount of revenue from various segments of the market.Or it can use market penetration pricing by setting a low initial price to win a large market share.Companies apply a variety of price-adjustment strategies to account for differences in consumer segments and situations.One is discount and allowance pricing,whereby the company decides on quantity,functional,or seasonal discounts,or varying types of allowances. A second strategy is segmented pricing, where the company sellers a product at two or more prices to allow for differences in customers, products, or locations. Sometimes companies consider more than economics in their pricing decisions,and use psychological pricing to communicate about the product's quality or value.In promotional pricing,companies temporarily sell their product bellow list price as a special-event to draw more customers,sometimes even selling below cost.With value pricing, the company offers just the night combination of quality and good service at a fair price. Another approach is geographical pricing, whereby the company decides how to price distant customers, choosing fromalternative as FOB pricing,uniform delivered pricing, zone pricing, basing-point pricing, and freight-absorption pricing. Finally,international pricing means that the company adjusts its price to meet different world markets.Distribution ChannelsMost producers use intermediaries to bring their products to market.They try to forge a distribution channel―a set of interdependent organizations involved in the process of marking a product or service available for use or consumption by the consumers or business user.Why do producers give some of the selling job tointermediaries?After all,doing so means giving up some control over how and to whom the products are sold.The use of intermediaries results from their greater efficiency in marking goods available to targetmarkets.Through their contacts, experience, specialization, and scales of operation,intermediaries usually offer the firm move value than it can achieve on its own efforts.A distribution channel moves goods from producers to customers.Itovercomes the major time, place, and possession gaps that separate goods and services from those who would use them. Members of the marketing channel perform many functions. Some help to complete transactions:rmation.2.Promotion.3.Contact:finding and communicating with prospective buyers.4.Matching:fitting the offer to the buyer's needs, including such activities as manufacturing and packaging.5.Negotiation:reaching an agreement on price and other terms of the offer so that ownership or possession can be transferred.Other help to fulfill the completed transferred.1.Transporting and storing goods.2.Financing.3.Risk taking:assuming the risk of carrying out the channel work.The question is not whether these functions need to be performed, but rather who is to perform them. All the functions have three things in common:They use up scarce resource, they often can be performed better through specialization, and they can be shifted among channel members.To the extent that the manufacturer performs these functions, its costs go up and its prices have to be higher. At the same time, when some of these functions are shifted to intermediaries, the producer's costs and prices may be lower, but the intermediaries must charge more to cover the costsof their work. In dividing the work of the channel, the various functions should be assigned to the channel members who can perform them most efficiently and effectively to provide satisfactory assortments of goods to target consumers.Distribution channels can be described by the number of channellevels involved. Each layer of marketing intermediaries that performs some work in brining the product and its ownership closer to the final buyer is a channel level. Because the producer and the final consumer both perform some work, they are part of every channel.When selecting intermediaries, the company should determine what characteristics distinguish the better ones. It will want to evaluate the the channel member's years in business, other lines carried, growth and profit record, co-operativeness, and reputation. If the intermediaries are sales agents, the company will want to evaluate the number and character of the other lines carried, and the size andquality of the sales force. If the intermediary is a retail store that wants exclusive or selective distribution, the company will want to evaluate the store's customers, location, and future growth potential.Understanding the nature of distribution channels is important, as choosing among distribution channels is one of the most challenging decisions facing the firm. Marketing intermediaries are used because they provide greater efficiency in marking goods available to target markets.The key distribution channel function is moving goods from producers to consumers by helping to complete transactions and fulfill the completed transaction. Distribution channels can be described by the number of channel levels, which can include no intermediaries in adirect channel, or one to several intermediaries in indirect channels.PromotionPromotion is one of the four major elements of the company's marketing mix. The main promotion tools――advertising, sales promotion, public relations, and personal selling――work together to achieve the company'scommunications objectives.People at all levels of the organization must be aware of the many legal and ethical issues surrounding marketing communications. Much work is required to produce socially responsible marketing communicating in advertising, personal selling, and direct selling. Companies must work hard and proactively at communicating openly, honestly, and agreeably with their customers and resellers.市场营销策略一、市场细分和目标市场策略具有需求,具有购买能力并愿意花销的个体或组织构成了市场。
工商管理专业Strategic-marketing营销策略大学毕业论文英文文献翻译及原文
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毕业设计(论文)外文文献翻译文献、资料中文题目:营销策略文献、资料英文题目:Strategic marketing文献、资料来源:文献、资料发表(出版)日期:院(部):专业:工商管理(金融企业方向)班级:姓名:学号:指导教师:翻译日期: 2017.02.14外文翻译专业:工商管理(金融企业管理方向)外文原文:Strategic marketing①No matter how good the organization's products or services, unless their value can be communicated to potential customers, the organization will fail in its mission. This co mmunication is the responsibility of the marketing function within the organization. A ccording to the American Marketing Association, marketing is "an organizational func tion and a set of processes for creating, communicating and delivering value to custo mers and for managing customer relationships in ways that benefit the organization an d its stakeholders." Strategic marketing examines the marketplace to determine the ne eds of potential customers and the nature of the competitors in the market, and attemp ts to develop a strategy that will enable the organization to gain or maintain acompetit ive advantage in the marketplace. Operational marketing is built upon the foundation set by the strategic marketing function and implements various plans and strategies (in cluding a development of the appropriate marketing mix) to attract customers and fost er customer loyalty.Methods for Product & Service MarketingThere a number of ways to market one's products or services including advertising, di rect response, sales promotions, and publicity. However, unless one understands the n eeds of the customer, the market, and the industry as well as the strengths and weakne sses of the competition, these approaches are unlikely to be successful. Strategic mark eting helps an organization sharpen its focus and successfully compete in the marketpl ace. Strategic marketing is concerned with two components: The target market and the①Marketing strategy (Research: A. Ruth marketing organization and marketing, America press 2008: 1-1)best way to communicate the value of one's product or service to that market. The de velopment of a viable marketing strategy depends on several key dimensions. First, as with any global strategy within the organization, a successful marketing strategy need s to be endorsed by top management within the organization. Marketing strategy is als o political in nature: Powerful units within the organization may disagree on the best marketing strategy and an accord may need to be negotiated. Marketing strategies ma y also be affected by organizational culture and the assumptions that this engenders. F or example, if the organization has always marketed its widgets to business executives , it may fail to see the potential for marketing to lower level personnel within the orga nization or even for personal use to adults or teenagers.Factors that Implement Strategic Marketing Plan DevelopmentThere are a number of factors that should impact the development of a strategic mark eting plan for the organization. The first of these comprises the assets and skills that th e organization already possesses or that it can readily acquire. For example, if an orga nization has a significant programming department on the payroll, it would be feasible for it to make and market application software. However, if these personnel are alrea dy involved in other work and are not free to work on a new software project and the organization cannot afford to hire additional programmers, starting a new software lin e would be inadvisable at best. The second factor that must be considered when devel opinga marketing strategy is the market drivers. These are various political, economic, sociocultural, and technological forces that can influence the wants and needs of the c onsumer base. For example, the need to be able to handle increasing volumes of infor mation and data has led to widespread use of information technology in many industri es. Similarly, the need for a college education for an increasing number of jobs has led to a proliferation of for-profit institutions of higher education. Factors Impacting Marketing StrategyMarket drivers, however, are not the only external force that shapes one's market strat egy. The nature of the competition in the marketplace is also very important in determ ining whether or not a marketing effort will be successful. Virtually no business is wit hout competition. When buying a computer, one must choose between Mac and PC.Most soft drinks on the market are manufactured by one of two companies who offer very similar products. There is a variety of choices available when deciding where to f ill up one's car, yet most of the fuels available at the pump are virtually the same. Eac h of these businesses has its own market position and strives to keep its market share t hrough marketing efforts. Part of the strategic marketing effort is to decide how best t o differentiate oneself from the competition.Another external factor that impacts how one can best position oneself in the market i s the stage of the market or the industry life cycle. Some organizations excel, for exa mple, at being the first on the market with an innovation or new product. Others excel at taking the innovation and adapting it to the needs of the marketplace (e.g., lower pri ce, different features). In addition, there are various strategic windows that affect an or ganization's ability to successfully compete in the marketplace. A strategic window is a limited time period during which there is an optimal fit between the needs of the ma rketplace and the competencies of the organization. For example, as computer storage technology continues to evolve, the methods by which people store data and informati on change. Punch cards and magnetic tape gave way to 5.25 inch and 3.5 inch disks. T oday, more and more people are storing data and information on memory sticks instea d, and many computers are not even made with disk drives. The concept of using pun ch cards is as foreign and antiquated in most people's minds as using an abacus. Once the strategic window begins to close, it is typically best that the organization look for another opportunity.Development of Competitive StrategyTo help meet their goals and objectives, many businesses develop a competitive strate gy that will increase their competitive advantage. There are three generic approaches f or competitive strategies: (1) the provision of low cost products or services, (2) differe ntiation of products from those of the competition, and (3) focus on the market niche. Low Cost StrategyThe goal of the low cost strategy is to gain a larger market share. This is done by offer ing acceptable quality products or services at prices lower than those of the competitio n. The expectation in this strategy is that the organization will earn an acceptable return on investment by increasing volume of sales. The basic methods used in low-cost le adership strategies include reduction of overhead, buying or production costs and focu sed marketing strategies. For example, a restaurant may reduce the price of wine with the intention of making up the shortfall in profits by selling more than they did at the higher price. Similarly, a big box store may use a combination of effective manageme nt and information technology practices to reduce operation costs in order to deliver t he lowest possible prices on its merchandise.Product DifferentiationA second generic approach to competitive strategy is product differentiation. In this a pproach, the business attempts to differentiate itself from its competitors by producing a product or offering a service whose quality is perceived by customers to have uniqu e features or characteristics that set it apart from similar offerings. This strategy attem pts to build customer loyalty by offering something of value that is offered by no one else in the marketplace. In this strategy, the necessity of keeping the price of the produ ct or service down becomes less important because customers are frequently willing t o pay more to get their favorite brand. However, value can be a subjective quality and brand loyalty is not necessarily sufficient to make this strategy successful. There is a p oint beyond which most customers are no longer willing to pay a premiumprice. How ever, if carefully managed, a differentiation strategy can be highly successful. For exa mple, Merrill Lynch was able to differentiate itself from its competitors by offering int egrated financial services to attract the most desirable investors. This strategy yielded not only a well recognized and highly valued brand that differentiated Merrill Lynch f rom its competitors, but also resulted in substantial customer loyalty and a competitiv e advantage in the marketplace.Niche MarketingAnother generic approach to competitive strategy is niche marketing. In this approach , the organization seeks to gain a proportion of the total sales of a given type of produ ct or service within the marketplace. This strategy requires a concentration on one or more specific market segments based on characteristics such as buyer group, portion o f a product line or market, or geographical area. For example, rather than marketing itself as a generalist, a management consulting firm might specialize in working with th e telecommunications industry or only with businesses on the west side of metropolita n Chicago. A niche market strategy is indicated in situations where the business believ es that it can better serve a segment of the market rather than the entire market. For ex ample, in the illustration of the management consulting firm, the founding partners ma y have come out of the telecommunications industry and, therefore are more familiar with the nuances of the industry than they are with other industries. This approach put s the organization in a unique position (through a type of differentiation) to be better a ble to market to that focused segment than to the market as a whole. Consideration of Competitors in the MarketplaceTo be successful, analysis of the marketplace needs to consider not only the needs of t he customer base and the relationship between these needs and the value that can be o ffered by the organization's product or service, but also the state of the industry as a w hole as well as the position of the organization's competition within that industry. As o pposed to a market that can be defined as a group of customers with similar buying ne eds, an industry is a group of organizations (i.e., competitors) that offer similar produc ts or services to the market. Different organizations offering similar products or servic es, however, will not necessarily have the same window of opportunity. Therefore, it i s important to understand how competing firms view the market in order to develop a strategic marketing plan that will yield a significant competitive advantage. Factors that Influence Industries & the Competition within ThemThere are several factors that influence industries and competition within industries. G overnment regulation can significantly influence the profitability of an industry. Withi n the parameters set by this factor, however, there are additional factors that influence how competition works within an industry. If a number of organizations all offer simil ar products or services, for example, competition within the industry will typically be more intense. This is illustrated, for example, by the marketing slogans of two car rent al agencies several years ago. "We're number one!" exclaimed Hertz. "We try harder!" rejoined Avis. Customers, too, can influence the nature of competition within an indu stry. If the industry becomes larger, it will become more attractive to new entrants offe。
英文文献002:差异化营销策略
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外文翻译差异化营销策略原文来源:.[U.S.] • Philip Kotler was, Mei Qinghao translation. Marketing Management [M]. Century Publishing Group, Shanghai People's Publishing House, 2003 p256—p259更多原创经管论文及英文文献与翻译请访问:http://经管论文.com/ ,并提供定制服务译文正文:实施差异化营销策略,首先把科学、缜密的市场调查、市场细分和市场定位作为基础。
这是因为,市场调查、市场细分和市场定位能够为企业决策者提供顾客在物质需要和精神需要的差异,准确地把握“顾客需要什么?”在此基础上,分析满足顾客差异需要的条件,要根据企业现实和未来的内外状况,研究是否具有相应的实力,目的是明确“本企业能为顾客提供什么?”这一主题材。
如果是耐用消费品,应以产品差异和服务差异为主攻方向;如果是目用消费品、食品饮料则应以建立形象差异为重点。
差异化策略是一个动态的过程。
任何差异都有不是一成不变的。
随着社会经济和科学技术的发展,顾客的需要也会随之发生变化,昨天的差异化会变成今天的一般化。
例如人们以前对手表的选择,走时准确被视为第一标准,而如今在石英技术应用之后,“准”已有成为问题,于是人们又把目光集中在款式上;手机一度被视为高收入阶层的独享之物,今天早已进入寻常百姓的手中。
如果手表生产企业再把走时准确作为追求的战略目标,显然是不宜的。
手机厂家再把目光瞄准款哥、款姐也断不能取胜。
其次,竞争对手也是在变化的,尤其是一些价格、广告、售后服务、包装等方面,是很容易被那些实施跟进策略的企业模仿。
任何差异都不会永久保持,要想使用权本企业的差异化战略成为长效药,出路只有不断创新,用创新去适应顾客需要的变化,用创新去战胜对手的“跟进”。
差异化策略是一个系统。
以上谈到的各种差异化策略只是在形容问题中的人为分类。
营销策略外文翻译参考文献
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营销策略外文翻译参考文献(文档含中英文对照即英文原文和中文翻译)市场营销策略1 市场细分和目标市场策略具有需求,具有购买能力并愿意花销的个体或组织构成了市场。
然而,在大多数市场中,购买者的需求不一致。
因此,对整个市场采用单一的营销计划可能不会成功。
一个合理的营销计划应以区分市场中存在的差异为起点,这一过程被称为市场细分,它还包括将何种细分市场作为目标市场。
市场细分使公司能更加有效地利用其营销资源。
而且,也使得小公司可以通过集中在一两个细分上场上有效地参与竞争。
市场细分的明显缺点是,其导致了比单一产品、单一大市场策略更高的生产和营销成本。
但是,如果市场细分得当的话,更加符合消费者的需求,实际上将生产更高的效率。
确定目标市场有三种可供选择的策略,它们是统一市场、单一细分市场和多重细分市场。
统一市场策略即采取一种营销组合用到一个整体的、无差异的市场中去。
采取单一细分市场策略,公司仍然仅有一种营销组合,但它只用在整个市场的一个细分市场中。
多重细分市场策略需要选择两个或更多的细分市场,并且每个细分市场分别采用一种单独的营销组合。
2 产品定位管理者将注意力集中于一种品牌,并以恰当的方式将其与类似的品牌相区分,但这并不意味着该品牌就一定能够最后赢利。
因此,管理者需要进行定位,即塑造与竞争品牌和竞争对手的其他品牌相关的自我品牌形象。
市场营销人员可以从各种定位策略中加以选择。
有时,他们决定对某一特定产品采用一种以上的策略。
以下是几种主要的定位策略:2.1与竞争者相关的定位对一些产品来说,最佳的定位是直接针对竞争对手。
该策略特别适用于已经具有固定的差别优势或试图强化这种优势的厂商。
为排挤微处理器的竞争对手,Intel公司开展了一项活动使用户确信它的产品优于竞争对手的产品。
公司甚至为电脑制造商出钱,让它们在自己的广告中带上“Intel Inside”标志。
作为市场领导者,可口可乐公司推出新产品并实施其市场营销策略。
同时,它密切注视百事可乐公司,以确保对主要竞争对手的任何一次巧妙、有效的营销举措采取相应的对策。
营销策略业务英文文献及翻译
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营销策略业务英文文献及翻译1 IntroductionMarketing continues to be a mystery to those who create it and to those who sponsor it. Often, the ad t hat generates record-breaking volume for a retail store one month is repeated the following month and b ombs. A campaign designed by the best Madison Avenue ad agency may elicit mediocre response. The s ame item sells like hotcakes after a 30-word classified ad, with abominable grammar, appears on page 35 of an all-advertising shopper tossed on the front stoops of homes during a rainstorm! The mystery elude s solution but demands attention. The success of an enterprise and development of enterprises depends to a large extent on whether or not they have advanced, meet the needs of the enterprise marketing strateg y. For Marketing is the definition, The well-known American scholar Philips marketing of the core marke ting concept of the following description : "Marketing is individuals or groups to create, provide and exc hange with other valuable products, to satisfy their own needs and desires of a social activities and mana gement process. " In the core concept contains a number of elements: needs, desires and needs; Products or provide; Value and satisfaction; exchange and transactions; and networking; market; Marketing and sa les were a series of concept.This article is devoted to the idea that your marketing results can be improved through a better Understa nding of your customers. This approach usually is referred to as the marketing concept.Putting the customer first is probably the most popular phrase used by firms ranging from giant conglom erates to the corner barber shop, but the slogan zing is often just lip service. The business continues to operate under the classic approach -- "Come buy this great product,if you dedicate your activities e xclusively to solving your customer's problems. The quality of services, and enterprises to culti vate customers satisfaction and loyalty, and can create enterprise value.Any marketing program has a better chance of being productive if it is timed, designed and w ritten to solve a problem for potential customers and is carried out in a way that the customer understands and trusts. The pages that follow will present the marketing concept of putting th e customer first. Marketing is a very complex subject; it deals with all the steps between deter mining customer needs and supplying them at a profit. In addition to some introductory materi al on marketing, this publication includes practical material on the marketing approaches to bu dgeting, layout design, and headline writing, copywriting and media analysis. So that a clear u nderstanding of enterprise marketing strategy to improve the operations of enterprises.2 The marketing conceptMarket positioning is identifying the target market, enterprises will adopt what marketing m ethods, which provide products and services the target market and competitors to show distincti on, thereby establishing corporate image and obtain favorable competitive position. Market posit ioning is a process of enterprise differentiation process, how to find the differences, identify di fferences and show differences. Today too many similar products, consumers how to choose? Consumers buy what is the justification? On the effective positioning for a solution. Positionin g is the first to propose in the advertising industry, advertising emphasized in the eyes of the public who left the location, And people often prefer preconceptions; If enterprises can target your customers mind to establish a definite position, to the consumer a reason to buy, enterpri ses can often compete in an advantageous position.Marketing is an economy built on science, behavioral science and modern management theory on the basis of applied sciences. It enterprise marketing activities and to study law, customers.− Determine what you are now doing to satisfy those wants and needs.− Prepare a marketing plan that allows you to reach out to new customers or to sell more to your present customers.− Test the results to see if your new strategies are yielding the desir ed results.Market research must be used in each of these six steps to help define your business for your customer's interests, not your own. It is the process of learning what customers want or need and determining how to satisfy those wants or needs. It is also used to confirm whether the customer reacted to a marketing program as expected. The benefits of market research include− Learning who your customers are and what they want.− Learning how to reach your customers and how frequently you should try to communicate with them.− Learning which advertising appeals are most effective and which ones get no response.− Learning the relative success of is that, properly done, market research is quite expensive, takes time and requires professional expertise. Acquiring all the necessary data to reduce the risk to your venture may cost so much and take so long that you may go out of business. The answer is to find a quick and inexpensive way of getting enough data to help you make the right decision most of the time. Some obvious pitfalls are− Using a sample that does not represent the total market.− Asking the wrong questions.− Not listening to the responses.− Building in biases or predispositions that distort the reliability of information.− Letting arrogance or hostility cut off communi cation at some point in the marketing process.If you have a limited budget, develop the skills to hear what your customers and potential customers are telling you. Some techniques worthy of consideration are− Advisory board -- Occasionally convene a group of local people, whose opinions you respect, to act as a sounding board for new ideas. Choose your group with extreme care; one or two negative thinkerscan distort the thought process of the entire group.− User group -- Gather customers together to discuss new ideas. Their opinions can help you keep your business on track. Pick a neutral setting where the people will talk. Be sure to reward the participants and share the credit for good ideas.− Informal survey -- If you seek feedback from customers by simply asking how was everything? You can be seriously misled. Most people, even those with legitimate complaints, are reluctant to speak out because they are afraid of appearing foolish.对于企业的创造者和提案者而言营销策略是一个谜。
差异化营销策略研究外文文献翻译2017
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外文文献翻译原文及译文文献出处: Dalman M. The Research of Brand Differentiation Marketing Strategy ." International Journal of Marketing Studies, 2017,1(5): 63-72.原文The R esear ch of Br and Differ entiation M a r keting Str a tegyDa lman M1 The Pur pose of This R esear chAlthough our knowledge of trivial attribute effect has been greatly enhanced, how the trivial attribute affects brand evaluation has never been studied from the perspective of product development and marketing strategy. Our research aims to fill the gap by offering empirical evidences from two studies. The goals of this paper is fourth folds; 1) Can brands increase their choice likelihood by adding some trivial attributes, 2) Does this effect depend on the nature of the category (i.e. hedonic vs. utilitarian), 3) Does the type of trivial attributes (hedonic vs. utilitarian) affect the consumer response to these trivial attributes, and finally 4) How can marketing managers effectively communicate a brand with trivial attribute? To reach these goals, in the first study, we review trivial attribute effect, and test how it creates the brand differentiation in service sector. Then, in the second study, we discuss about the evaluation modeliterature, and test that the effect whether trivial attribute is more salient in joint evaluation or separate evaluation mode. Finally, we conclude with discussion and provide suggestions for further research.2.Theor etica l Ba ckgr oundTr ivia l Attr ibute Effect on Ser vice C hoiceTrivial attributes are defined as the attributes that do not create meaningful differentiation in evaluation of alternatives (Broniarczyk & Gershoff, 2003; Miljkovic et al., 2009). Consumers treat this trivial information in the advantage of brands that offer them even when they are informed before decision-making about the triviality (Carpenter et al., 1994). Brown and Carpenter (2000) explain this advantage with the reasons based account. They argue that consumers prefer to choose on the basis of easily justified, cognitively available reasons (Brown & Carpenter, 2000). Thus, when the options cannot be chosen based on important attributes, consumers need to rely on trivial attributes that create brand differentiation (Shafir, Simonson, & Tversky, 1993).The question about what to add to the offering to increase its value is especially important for services (Devlin, 1998), as it is more difficult to create a competitive advantage in service industries (Storey & Easingwood, 1998). The main reason is that unlike physical goods, services are intangible and consumers often face a problem of identifyingthe necessary attributes in services for evaluation. Thus, they end up only relying on brand comparisons on the basis of selected attributes (Gabott & Hogg, 1994; Rust & Chung, 2006). Therefore, services create more uncertainty for consumers than physical goods at the purchase stage.When a decision can't be justified on relevant attributes, consumers form arguments based on trivial attributes even after they are told about the triviality of the attribute (Albrecht, Neumann, Haber, & Bauer, 2011).Therefore, with the amount of uncertainty in services and the difficulty of evaluating attributes as mentioned above, consumers are likely to use trivial attributes when they are faced with an ambiguous choice set even after they are told about the triviality. We posit the hypothesis as follows;H1: The choice likelihood of service provider that offers a trivial attribute will be higher than that does not offer.Compared to physical goods, services are based on information processing (Rust & Chung, 2006) and how the information is processed depends on whether the service is utilitarian or hedonic (Hirschman & Holbrook, 1982). According to Batra and Ahtola (1991), consumers have these two motives in a choice context. Hedonic services are related to "fun" and "pleasure" (Babin, Darden, & Griffin, 1994) whereas utilitarian services are related to "functionality" (Strahilevitz & Myers, 1998). In a choice context, the outcomes of these two types of servicesare valued differently as the utilitarian outcome depends on objective standards whereas hedonic ones depend on subjective (discretionary) standards (Botti & McGill, 2010). Moreover, Botti and McGill (2010) argue that hedonic motives are sought "as an end itself" whereas utilitarian motives are used to reach a higher-level goal. We argue that utilitarian services are more anxiety provoking than hedonic services as they include important, harder to achieve, and uncertain goals (Lazarus, 1991). And in situations, when goals are anxiety provoking, trivial attributes are more influential (Xiao, Dacin, & Ashworth, 2011). Therefore, we expect the effect of trivial attributes to be more pronounced in a hedonic service category than in a utilitarian service category. We posit the hypothesis as follows:H2: The advantage of service provider that offers a trivial attribute will be more pronounced for the hedonic services compared to utilitarian services.M ar keting C ommunica tion Str a tegy Using Tr ivia l Attr ibute Effect Prior literature has suggested that comparison is a natural and powerful strategy that consumers often rely on (Cooke, Janiszewski, Cunha Jr, Nasco, &De Wilde, 2004; Dhar, Nowlis, & Sherman, 1999). Hsee and Leclerc (1998) suggest that consumer preference changesdepending on how products are presented and evaluated, specifically, whether they are evaluated separately (separate evaluation mode) or jointly (joint evaluation mode). For example, in separate evaluation when one is asked to rate the importance of supporting government intervention for saving dolphins over preventing skin cancer among farm works, the number of people who supports the government intervention for saving dolphins is substantial. However, in the joint evaluation mode when the same person is asked to compare the importance of dolphin to that of a human side by side (or jointly) the majority of people's answer is obvious to support a human.Thus, consumers in joint evaluation mode not only greatly save their efforts but also increase accuracy in choice because it is easier to identify similarities and differences between competing brands. This evaluation strategy focusing on the difference or something unique makes the trivial attribute become salient and even meaningful (Dhar& Sherman, 1996). Taken together, we posit that brand with trivial attribute will be perceived more valuable (i.e., people are willing to pay more) in the joint evaluation mode than it is in the separate evaluation mode.H3: Willingness to Pay (WTP) is higher in the joint evaluation mode than that in the separate evaluation mode.3.DiscussionCreating brand differentiation has been critical more than ever in our globalized world. Many manufactures of consumer package goods make enormous marketing efforts to differentiate their brands against competitors often by searching and adding new or noble attributes. An important decision to make for marketing managers is to determine what features should be included. In this research, we introduced an unusual brand differentiation strategy using the trivial attribute effect. Results from two experimental studies point out the following; if a trivial attribute as easy to implement as playing music in between class sessions for a GMAT course or distributing free ice at a Music Festival is offered, it can help service providers gain competitive advantage over their competitors. This can allow managers to be more creative and stay competitive in the market. Our results also indicate that this effect is more pronounced in hedonic service categories compared to the utilitarian categories.From the ethical perspective, offering attributes that don't create meaningful difference for consumers is not deceiving consumers as our results indicate that the effects of trivial attributes hold even after consumers are told about the triviality of them. Moreover, consumers indicated in our study that they are not only aware of the triviality of these attributes but they also think they are not useful in theirdecision-making. Another result we found that supports the triviality of these attributes is that the type of trivial attribute (hedonic / utilitarian) does not matter. Lastly, in terms of effective marketing communication strategy relying on trivial attribute effect, our results revealed that the joint evaluation mode increases the consumer's willingness to pay more than that of the separate evaluation mode.4.Implications and L imitationsOur research handles both theoretical and practical implications; theoretically it will add to the service literature the applicability of trivial attributes. While research on trivial attributes so far has mainly focused on different consumer goods including down jackets, compact disc players, pasta (Carpenter et al., 1994), coffee, and cologne (Brown & Carpenter, 2000), we are not aware of any research that has investigated trivial attributes in a service context. In our efforts to understand if using trivial attributes would have a differential effect on hedonic vs. utilitarian services, results suggest that consumers use different types of information evaluating hedonic vs. utilitarian services (Batra & Ahtola, 1991; Holbrook & Hirschman, 1982) when trivial attributes are evaluated.Managerially, it can show the managers a possibly easy way to gain competitive advantage over the competitors. Consider the music festival example above. Using an equipment from the place where the music wasoriginated is not necessarily the best nor the most expensive choice. However, it can possibly give the organizers the edge over the competitor festivals if people consider this information positively in their decision-making. Lastly, from the perspective of marketing communication strategy, attributes themselves can also be either utilitarian or hedonic and it will be up to the marketers to choose the type of the trivial attributes for their offerings. However, this becomes important only if this choice affects the consumer response to the offering a nd helps the marketerIn services, one of the main reasons why it is difficult to create and maintain advantage is the fact that in services, competitors can easily copy the aspects of successful offerings (Storey & Easingwood, 1998). This then puts pressure on service managers to stay competitive in the market place. Our research findings contribute to the service sector. Service sector compromises 68% of US GDP and 80% of the US jobs (Office of the US Trade Representative) and this distribution is similar in all developed countries as there is a positive correlation between GDP and the share of the service sector in an economy (Sherom & Saubbotina, 2000). While the service sector has such an important share in the economy, at the same time, service management is different from managing goods (Mittal, 1999; Parasuraman, Zeithaml, & Berry, 1985)and it is more difficult (Storey& Easingwood, 1998).Moreover, the consumer behavior for services is also different than it is for goods and it is more difficult for consumers to make a choice along the alternatives (Gabott & Hogg, 1994). In sum, all these factors about services make it an important domain to understand if companies can use trivial attributes to gain advantage in the marketplace and our research sheds light to managers in the service sector.译文品牌差异化营销策略研究达尔曼〃马库斯1 研究目的尽管我们对于微小属性的认识大大加强, 从产品开发和营销策略的角度来讲,微小属性如何影响品牌评估还尚未被研究过。
差异化营销-外文翻译
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外文翻译原文Differentiated marketingMaterial Source:DIFFERENTIATED Author: RanWenLe What is the differential marketingSo-called differential marketing differentiated diversity market strategy market strategy, also called differences between otherness marketing, refers to face has subdivision market, the enterprise choose two or more son market as our target market, respectively for each child market to provide specific products and services as well as corresponding sales measures. Enterprise according to the son market characteristics, respectively formulate product strategy, price strategy, channel strategy and marketing strategy and to carry out.The core idea of differential marketingThe differential marketing, the core idea is "segment market, in view of targeted location, import brand, sets up the image". Is the market segmentation, based on the target market, through the personalized needs of brand positioning and communication, give the brand of unique value, sets up the distinct image, establish brand differentiation and personalized core competitive advantages. Marketing is the key differences flower market actively seeking cur, select the target market, mining had be notted satisfy personalized needs of consumers, develop new products of new functions, give the brand new value. The differential marketing basis, is the market consumption demand diversity characteristics. differential consumers have different tastes, different personality, different value tropism, the difference is the income level and different consumption idea, etc, thus determines their product brand to have different needs considerations, and this is why need to undertake the differential marketing reasons.The differential marketing not some marketing level, some marketing method of innovation, but products, ideas, value, image, promotion means, promotion methods such as comprehensive, systematic marketing innovation, and innovation on the basis of realizing brand in the market segment goal on the focus, obtain strategic lead.The differential marketing formEnterprise can choose some interests as the biggest son market target market, if have enough ability to satisfy more child market, it can choose more child market; If each branch of enterprise all market is very attractive, and the enterprise also has the ability to provide for each branch market of different products and services, enterprise can traverse the market as the target market.In the world famous multinational, procter &gamble company is a typical differential marketing, it has 11 of detergent, China knows the brand has strong decontamination "BiLang", price teach high, Decontamination also strong but moderate price "the tide's";Protrusions cheap beauty "panda". Shampoo is has six brand, have grade represents "the sand," Tide breed of "matt; silk" Elegant "ting"; A new generation of "float soft". In addition, it has eight brand of soap, four brands of detergent, four brand of toothpaste, 3 brand cleaners, 3 brand of toilet paper.When the development of technology, industry of vertical division and information openness, timeliness, make more and more products appear homogeneity, seek the differential marketing has become the enterprise survival and the development one necessary weapon. Famous strategic management experts Michael porter, which can be described as the differentiation strategy: when a company is able to provide some unique, other competitors cannot replace the goods, as for clients its value is not only a cheap goods, the company will have yourself and competing firms distinguishes.For general commodity speaking, differences always exist, just/irrespcet of different ways. And the differential marketing pursuit of "difference" is the product of "incomplete alternative", namely enterprise relies on its technical superiority and the management superiority, produce in performance, the quality is superior to the market on the current level of product, or in respect of selling, through the distinctive publicity activities, flexible marketing means, thoughtful after-sales service, in the consumer's mind set up different general image.Strategy one: product differentiationProduct differentiation refers to the characteristics of the products, working performance, consistency, durable sex, reliability, easy to fix the rational, style and design of the differences. That is an enterprise in the production of products, quality and performance obviously better than the manufacturers of similar products on the market, thus forming alone. For the same industry competition for, the core of the product value is basically the same, what is different in performance and quality tosatisfy customer needs in the basic circumstance, to provide customers with a unique product differentiation strategy is the pursuit of the goal. China in the 1980s is 10 people use a product, the 1990s is 10 people with 10 kinds of products, and today is one in 10 kinds of products. Therefore, any companies cannot use a product to meet 10 kinds of need, best launched 10 products meet 10 kinds of need, even meet a need. Enterprise implement differentiation marketing can be from two aspects.One is the feature. Product characteristics refers to products to supplement the basic function of characteristics. Most products are with different characteristics. Its starting point is the product of the basic functions, and then enterprise by adding new features to introduce new products. In the implementation of the most successful when several procter &gamble company, with its shampoo products, the float soft consumer buying purpose is nothing but to scurf, complaisant, nutrition, protect hair, black hair, and adapt, p&g released corresponding brand matt silk, pan ting, sand, embellish yan. In the development of other brands of products, p&g also many use this strategy. China's beverage enterprises in introducing new products are adopting such strategies, such as the farmer mountain spring "have a little sweet", the farmer orchard "hybrid" and "drink juice before a wave", the "daily THHC juice", huiyuan juice "true" characteristics of orange in consumer memory have left deep impression. Visible, the product characteristic is enterprises to realize product differentiation competitive tool.2 it is style. Fashion is a product which gives the buyer's visual effect and feelings. The haier group of refrigerator, haier product exemple refrigerator design have Europe, Asia and the americas of three different style. European style is rigorous, square door, white neuro-ophthalmologic manifestations. Asian style is given priority to with quietly elegant, with the circular door, rounded door, color decorative pattern, steel plate to reflect, American style is prominent showily, with widebody streamline modelling appeared. Be like again some drink factories in China from previous rotate open means, convert the so-called "sports cover" direct pull up the bottle method also has achieved great success. In addition, to average consumer character, working performance and consistency of quality, durability, reliability, easy to fix the rational is also seeking differences focus. If the car by standard component, and easy replacement parts, the car easy fix rationality is high, in the customer heart will have certain competitive advantage.Strategy 2: service differentiationService differentiation is to show enterprise to target market provides withcompetitors different excellent service. Especially in difficult to highlight the visible products difference, the key competitive success often depends on the amount of service and quality. Difference between the service level of main factors have a delivery, installation, user training and advice, maintenance, etc. Pre-sale service difference became the competition between rival etc. For example, with a computer, some is guaranteed for one year, some warranty for three years, With the user is training, lenovo, hisense computers have a free training schools, but the training content each have differences, With sales is electric water heater, haier group implement 24 hours and complere service pre-sale set high-quality service to every customer pleasing.In the increasingly fierce competition in the market, service has become all business activities of the starting point and end-result. Nowadays, the price of the product and technical nuances are gradually narrowing, the influence of factors except for consumers to buy the product quality and the image of the company outside, the key still service quality. Service can dominate the trend of product sales, service is the ultimate goal of improving customer turns heads, and expand the market share. While only differentiation of service to the enterprises and products in the consumers' mind always hold "place". American international commercial computer company (IBM) according to the computer industry product technical performance about the same situation analysis, thought the service is needed to users, so sure enterprise's management idea is "IBM means service". China's haier group with "to provide customers with perfect service" as the enterprise's success creed, haier's "through efforts to try to user trouble to zero" "users are always right" "stars service thought" "sales is credit, not sales products" "high-quality service is the foundation of sustainable development" and "deliver high quality service to be able to bring the company more selling" service concept, truly user lists in god's position, users in the use of haier product has got omni-directional satisfied. Natural, haier brand image in the consumer's mind more and more is also high.Strategy 3: image differentiationImage differentiation is through the shaping and competition of different products, enterprise and brand image to gain a competitive advantage. Image is that the public on products and enterprise ideas and feelings. Shape the image tools are: name, color, logos, signs, environment, activities, etc. With colour for, kodak yellow, Fuji, green, red lucky film, PepsiCo's blue and red, etc. Are all very cola can let consumer in numerous similar products in easily identify apart. Then taking Chinaalcoholic product image difference speaking: maotai wine the state banquet of image, sword of datangshengshi wine image, luzhou old cellar historical vicissitudes image was open, six good fortune of blessing wine image, and the strength of concrete wine, image and so on each has its own characteristics. Consumers in buy certain alcohol, the first that comes into mind is balanceand image; In wine, taste wine, but is tasted out by wine image difference have different mind cheerful.译文标题:差异化营销资料来源:差异化营销作者:冉文乐什么是差异化营销所谓差异化营销差异性市场战略,又叫差异性市场营销,是指面对已经细分的市场,企业选择两个或者两个以上的子市场作为市场目标,分别对每个子市场提供针对性的产品和服务以及相应的销售措施。
市场营销战略论文中英文外文翻译文献
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市场营销战略论文中英文外文翻译文献XXXConsumer r studies how individuals。
groups。
and ns choose。
acquire。
use。
dispose of products。
services。
experiences。
and ideas to satisfy their needs and the XXX。
consumer r research has focused on pre-purchase and post-XXX。
XXX view and can help us examine the indirect effects of consumer n-making and the XXX。
companies must offer more value to their target customers than their competitors。
Customer value is the balance of XXX.1.Marketing StrategiesFor each selected target market。
XXX a target market is whether the company can provide higher consumer value compared to XXX strategies。
XXX markets.1.1 ProductA product XXX of their needs。
not the specific material characteristics.1.2 nXXX includes advertising。
personal selling。
public ns。
packaging。
XXX.1.3 PricingPrice is the amount of money consumers must pay to acquire and use a product。
营销策略 外文文献
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营销策略外文文献"Developing Effective Marketing Strategies in Today's Competitive Landscape"In today's highly competitive business environment, developing effective marketing strategies is crucial for businesses to stand out and attract customers. With the constant evolution of technology and consumer preferences, organizations must constantly adapt and innovate their marketing approaches to stay relevant and successful.One key aspect of developing effective marketing strategies is understanding the target audience. By conducting market research and analyzing consumer behavior, businesses can gain valuable insights into their customers' needs, preferences, and purchasing habits. This information can then be used to tailor marketing campaigns and messages that resonate with the target audience, increasing the likelihood of capturing their attention and driving sales.Another important component of successful marketing strategies is choosing the right channels to reach and engage with potential customers. With the rise of digital marketing, businesses have a multitude of options at their disposal, including social media, email marketing, pay-per-click advertising, and search engine optimization. It is essential for businesses to carefully select the most relevant and effective channels for their target audience, and to create compelling and engaging content that will capture attention and drive action.Furthermore, building brand awareness and loyalty is critical forlong-term success. Creating a strong and recognizable brand identity, and consistently delivering on promises and values, can help businesses build trust and loyalty with their customers. This can be achieved through effective branding, storytelling, and customer service, which help to create a positive and memorable experience for consumers, encouraging repeat business and word-of-mouth referrals.Lastly, measuring and analyzing the effectiveness of marketing strategies is essential for continuous improvement. By tracking key performance indicators and adjusting strategies based on real-time data and feedback, businesses can ensure that their marketing efforts are delivering the desired results and staying ahead of the competition.In conclusion, developing effective marketing strategies requires a deep understanding of the target audience, the selection of the right channels, the building of brand awareness and loyalty, and the continuous measurement and improvement of efforts. By implementing these core principles, businesses can position themselves for success in today's competitive landscape.。
差异化营销策略外文文献
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Chapter21An Application of PLS in Multi-Group Analysis:The Need for Differentiated Corporate-Level Marketing in the Mobile Communications IndustryMarkus EberlAbstract The paper focuses on the application of a very common research issue in marketing:the analysis of the differences between groups’structural relations. Although PLS path modeling has some advantages over covariance-based structural equation modeling(CBSEM)regarding this type of research issue–especially in the presence of formative indicators–few publications employ this method.This paper therefore presents an exemplary model that examines the effects of corporate-level marketing activities on corporate reputation as a mediating construct and,finally,on customer loyalty.PLS multi-group analysis is used to empirically test for differences between stakeholder groups in a sample from Germany’s mobile communications industry.21.1MotivationThe escalating competition in global markets has compelled companies throughout all industries to analyze their(potential)customer base.Subsequently,the applica-tion of differentiation strategies has emerged as an extremely successful possibility in saturated markets(Markwick and Fill1997).Customer segmentation approaches have inspired quantitative marketing research to develop methods with which to identify customer segments.Simultaneously,a growing stream of research has aimed at broadening the understanding of product-and customer-driven organiza-tional success factors(Hall1992;Markwick and Fill1997;Wilson1985;Weigelt and Camerer1988).Assets that are intangible by nature can,from a resource-based view,be a strategic success factor for companies,since they cannot be easily imi-tated by competitors.For various reasons,which are described later,a company’s reputation is one of its most interesting intangible assets.Empirical research into the consequences of intangibles–and especially reputation–has been relatively scarce M.EberlSenior Consultant Models and Methods,TNS Infratest Forschung GmbH,Landsberger Straße338,80687M¨u nchen,Germanye-mail:markus.eberl@V.Esposito Vinzi et al.(eds.),Handbook of Partial Least Squares,Springer Handbooks487 of Computational Statistics,DOI10.1007/978-3-540-32827-822,c Springer-Verlag Berlin Heidelberg2010488M.Eberl and is only slowly providing empirical evidence of the theoretically postulated effects of a“fine”corporate reputation.The aim of this paper is to show that PLS path modeling can be a helpful tool when the question is whether one should also segment the relevant interested parties in respect of reputation management.From a methodological point of view,the problem analyzed in this study is quite popular,as it boils down to the analysis of differences in structural rela-tions(e.g.,the effect of customer satisfaction on retention)between groups(i.e. subsamples).Although PLS path modeling has advantages(e.g.,the softer distri-butional assumptions,or the possibility to deal with large numbers of formative indicators)over covariance-based structural equation modeling(hereafter referred to as CBSEM)regarding this type of research question,few publications employ this method.This paper therefore presents a typical PLS application in marketing research.Research into intangible resources’outcomes and corporations’success factors generally refers to the question of control levers,i.e.which activities man-agement should preferably undertake in order to achieve a sustainable competitive advantage from this intangible.These drivers are often formative indicators that rule out CBSEM approaches in many cases(MacCullum and Browne1993;Bollen 1989;Eberl2006).The model proposed in the following sections deals with the effects of corporate-level marketing activities on corporate reputation(as an exemplary intangible resource)and,finally,on customer loyalty.Reputation will be modeled with two constructs that mediate the activities’effect on customer loyalty.(Note that accord-ing to Baron and Kenny(1986),a moderator is defined as a qualitative(e.g.,sex, race,class)or quantitative(e.g.,level of reward)variable that affects the direction and/or strength of an independent–or predictor–variable and a dependent–or criterion–variable’s relationship,while a variable functions as a mediator to the extent that it accounts for the relation between the predictor and the criterion.)We further introduce a stakeholder group(i.e.a subsample)as a moderator variable into our model in order to explore the possible need for differentiated marketing activi-ties in order to gain a high reputation and customer loyalty in different subgroups. This part of the research is more exploratory in nature and expands the theoretical knowledge to be gained from the hypothesized relationships between the model con-structs in the model structure.Owing to the presence of many formative indicators, PLS path modeling is the only simultaneous method to quantify all relationships, including the latent variables in this model.The model is to be tested empirically with a sample from Germany’s mobile communications industry.PLS multi-group analysis,with parametric t-testing based on the PLS re-sampling technique(Chin 2000),will be used to empirically test for differences between stakeholder groups in a sample.The paper is organized as follows:in the next section,the theoretical aspects of the model are presented,which include the concept of corporate reputation and the levers for corporate-level marketing.Thereafter,the measures are pre-sented that were used to capture the latent variables in the model.As mentioned above,PLS path modeling is the only viable methodology with which to estimate these.Section21.4briefly discusses the methodology of parametric multi-group21An Application of PLS in Multi-Group Analysis489 comparisons of PLS estimates,which will later be employed to explore stakeholder groups’moderating influence.The empirical results are presented in Sect.21.5, while thefinal section concludes the paper and presents some implications for corporate behavior.21.2Corporate-Level Marketing and Reputation21.2.1Reputation’s ConsequencesCompanies are becoming increasingly aware that a purely shareholder-oriented approach to doing business can be problematic.Afirm’s long-term goals are often not purelyfinancially oriented,thus affecting a broader set of stakeholders.Besides, sustainable competitive advantages can be more easily obtained from intangible assets than from more product-related sources,as they are much harder to imi-tate.A company’s reputation is one of those intangibles that are extremely hard to imitate(Hunt and Morgan1995).The literature ascribes many potential com-pany benefits to a“good”reputation:With regard to consumers(Shapiro1983; Zeithaml1988),reputation functions as a risk-reduction mechanism(Kotha et al. 2001),leads to higher product satisfaction(Aaker1991),and ultimately increases loyalty(Rogerson1983).But one has to acknowledge that although the cited authors agree on the more or less theory-based fact that reputation is a source of competitive advantage,there has been relatively weak empirical evidence of the consequences of a“good”reputation(Roberts and Dowling2002)as well as the marketing levers that can be used in reputation management.21.2.2The Concept of Corporate ReputationInitially,research into reputation revealed great dissent in respect of the construct’s definition.Although many authors have published on the subject,this problem is still,to some degree,present(Fombrun and van Riel1997;Gotsi and Wilson2001). Consequently,current research is faced with a large number of different definitions as well as operationalizations of reputation.21.2.2.1DefinitionsThe discussion of definitions–which has been part of reputation research from the start–has not led to an integrative conceptualization that can be used in all research areas in which the term“reputation”is relevant(e.g.,sociology,signaling theory,or corporate level marketing).Nevertheless,there are a number of useful definitions of “reputation”that are,to some extent at least,based on scientific work.They differ490M.Eberl with regard to the various interested parties’point of view as well as regarding the distinction between“corporate image”and“corporate reputation”(Eberl2006). Since the discussion of definitions is not integral to this paper,only one definition will be presented(cf.Gotsi and Wilson,2001;Eberl,2006).Although there are still certain differences,various authors have tried to provide an integrative definition of recent conceptualizations.In their cross-disciplinary literature review,Gotsi and Wilson(2001)defined corporate reputation as“(..)a stakeholder’s overall evaluation of a company over time.This evaluation is based on the stakeholder’s direct expe-riences with the company,any other form of communication and symbolism that provides information about thefirm’s actions and/or a comparison with the actions of other leading rivals”(Gotsi and Wilson2001).21.2.2.2The Dimensionality of ReputationMany“reputation indexes”with which to quantify reputation have,however,not been developed according to scientific operationalization procedures.Among these are rankings such as Fortune Magazine’s“America’s/Global Most Admired Com-panies”indexes(Hutton1986)(henceforth referred to as AMAC and GMAC),and a large number of European magazines’indices like Germany’s“Manager Magazin Imageprofile”.Eidson and Master(2000)as well as Schwaiger(2004)provide an overview of the various measurement concepts,all of which have been criticized to some extent.An important validity problem in prior reputation research has always been that reputation’s multidimensionality has not been in accordance with the relevant conceptualization.This critique is especially valid regarding the Fortune“Most Admired”indices as formulated by Fryxell and Wang(1994).Fortune presents two indices:the AMAC(America’s Most Admired Companies)and the GMAC (Global Most Admired Companies).In the AMAC study,an overall reputation score is achieved as the mean of eight attributes rated by experts from within the com-pany’s industry on11-point scales(Hutton1986).While AMAC only incorporates American companies,the GMAC features the500largest companies worldwide. The GMAC overall score is computed from the eight AMAC categories plus one item that refers to the company’s international activities.An important problem with these measures is that there is no clear definition of the concept“reputation”(Sobol et al.1992).Fombrun and Shanley(1990)analyzed the reputation measures’scores and items and concluded that the Fortune scales are problematic because of their unidimensionality(Brown and Perry1994),and becausefinancial criteria uniformly determine the Fortune data.While the Fortune surveys marked the kick-off of reputation research,most authors publishing on the topic agree that there are other criteria according to which a reputation should be assessed(Dunbar and Schwalbach2001;Fombrun and Shanley1990;Herremans et al.1993;Weiss et al. 1999;Benjamin et al.1999;Shenkar and Yuchtman-Yaar1997;Shamsie2003). Balmer(2001a,b,2003)makes a strong point for corporate branding as a major research area in twenty-first century marketing.A strong corporate brand cannot be21An Application of PLS in Multi-Group Analysis491 easily assessed,but pastfinancial performance is a prerequisite for a company to be held in high esteem,i.e.to be highly reputed(Balmer2003).A unidimensional construct would also contradict the definitional framework given above.Therefore, a conceptual broadening of the“reputation”construct,as evaluated with the Fortune data,is necessary.This broadening is accomplished as follows:for our study,we draw on a def-inition of reputation as a concept similar to mon knowledge from attitude theory provides us with reputation’s two-dimensionality,which comprises a cognitive as well as an affective component(Schwaiger2004).In his empirical study,Schwaiger(2004)likewise conceptualized reputation:Based on a defini-tion of corporate reputation as an attitude-related construct–which is consistent with recent definitions–he modeled reputation with two dimensions,using a cog-nitive and an affective component.Twenty-one explanatory variables that formed antecedents of corporate reputation were gained from open-ended expert inter-views.After pretesting,a large-scale representative data set(3,300judgements on the21driver items)from Germany,the United Kingdom,and the United States was split in half.Thefirst half of the sample was used to explore the strength of these drivers’influence on corporate reputation.Cross-validation with the rest of the sample yielded satisfying results.The model proved to be reliable and valid in explaining the drivers of reputation.The structure of four constructs that drive repu-tation has been shown to be robust across different data sets,countries and industries (e.g.Eberl and Schwaiger2004,2005;Eberl2006).This paper suggests that it should also be taken into account that it is possi-ble–through communication–to substitute individuals’direct experiences with surrogate experiences and thus allow a reputation to exist within the overall public (Mahon2002;Dozier1993).The term“surrogate experiences”defines the commu-nications of other stakeholders’direct experiences(as customers,employees,media etc.)with a company to third-party stakeholders.This view is in accordance with Fishbein’s view of attitudes being ultimately“obtained from direct experiences with objects and from communications about them received from other sources”(Loudon and Della Bitta1993).Note that the concept explicitly allows reputation to vary within different stakeholder groups.21.2.3Antecedents and Consequences of ReputationWhile the different concepts of reputation have been thoroughly discussed in liter-ature,recommendations on how a reputation can actually be managed are scarce. Some evidence has been provided to show that corporate-level marketing’s activi-ties(comprising product quality as well as corporate communications and corporate social responsibility,etc.)actually influence reputational judgements.Nevertheless, it is not known whether these judgments affect a company’s customer-specific mar-keting objectives(e.g.,customer satisfaction and loyalty).Since this paper does not492M.Eberl endeavor to present a complete model for all possible outcomes of reputation,the focus on satisfaction and loyalty are deemed sufficient at this stage.This paper argues that isolated corporate-level marketing activities do not directly influence consumers’loyalty decisions.It is far more plausible that individuals process the perception of a single company activity in the light of existing eval-uations stored in their minds,which will eventually lead to a confirmation or contradiction of the existing evaluation called reputation.Hence,reputation is an important mediator in the analysis of corporate-level marketing activities’impact on customer loyalty.It is conceptualized in a two-dimensional way:(1)a dimension comprising all of the stakeholders’cognitive evaluations of the company(which can be labeled“competence”)and(2)a dimension capturing all of the stakehold-ers’affective judgments(which can be labeled“likeability”).It is hypothesized that both dimensions influence customer satisfaction directly,while the emotional dimension also influences loyalty directly.Previous research into the“drivers of rep-utation”(Schwaiger2004;Eberl and Schwaiger2005),i.e.afirm’s corporate-level marketing instruments,has identified four formative constructs that aggregate the relevant corporate levers(“quality”,“performance”,“attractiveness”and“corporate social responsibility”).Figure21.1displays the relationships taken into account. The supposition that the two dimensions of reputation are mediators implies the need to test for their mediating influence,which a later section describes.corporate reputation (two reflective dimensions)consequences of corporate reputation (reflective)formative driver constructs of corporate reputation (antecedents) Fig.21.1Research model21An Application of PLS in Multi-Group Analysis493 21.2.4Stakeholder-Specific Reputation ManagementThe analysis of the path coefficients in the proposed model allows for a detailed prioritization of marketing activities’levers on the four driver constructs’aggregate level as well as on the more detailed level of the formative indicators used to opera-tionalize the constructs.Since it is in the very nature of stakeholder groups to have differing interests in respect of a company,it is plausible that some of those stake-holder groups will tend to weigh the various aspect of a company’s reputation and behavior differently,which will lead to marketing activities influencing reputation to various degrees.Moreover,it is possible that by assessing companies profession-ally,and thus on a more cognitive basis,the cognitive components of reputational aspects will have a relative dominating effect on customer satisfaction and loyalty. The relative importance of the influence of reputation’s cognitive dimension com-pared to that of its affective dimension is key to the model’s interpretation.This is due to this influence’s importance,inducing a choice of some marketing levers over others in reverse:When choosing which corporate-level marketing activity to emphasize,it will be this activity’s contribution(i.e.the path coefficient)to compe-tence and likeability that will lead to the company taking concrete measures.And the relative importance of competence and likeability for satisfaction and loyalty (i.e.the specific path coefficient)will provide the answer to whether competence or likeability will have greater influence on satisfaction and loyalty.If stakeholder groups react differently to corporate-level activities,this implies that a company has to act in a differentiated and segment-specific way.Consequently,the stakeholder group should be interpreted as a discrete moderator variable.This moderator may account for differences in reputation levers’strength.The analysis of group differ-ences undertaken in this study therefore seeks to answer two questions of a more exploratory nature:(1)Is there such a moderating effect at all,i.e.do drivers of reputation andsatisfaction differ depending on the stakeholders?(2)Is this an issue for all stakeholder groups and all paths in the hypothesizedmodel,or are there some levers for reputation management that should be employed in subgroups only?21.3Operationalization and MeasuresThe operationalization of the four exogenous constructs that drive reputation(“qual-ity”,“performance”,“attractiveness”,and“corporate social responsibility”)is based on previous research by Schwaiger(2004)as well as Eberl and Schwaiger(2005), in which a procedure similar to Rossiter’s C-OAR-SE approach has been applied (Rossiter2002).If one ignores this approach’s dogmatic rejection of statistical mea-sures in the item validation process(cf.the recent critique by Diamantopoulos 2005),it is a good guideline for operationalization.In interviews with experts from various industries,corporate reputation was briefly defined and discussed to494M.Eberl ensure a common understanding of reputation and the constructs quality,perfor-mance,attractiveness,and CSR.The experts were then asked to take a broad view of their organizational environment and think of aspects that could possibly drive their company’s reputation in the fourfields of organizational quality,the perfor-mance aspects,the company’s attractiveness,and its responsible behavior.After gaining21items for the four constructs(presented in the appendix),the causal direction between each indicator and its respective construct was inspected(Chin 1998b;Jarvis et al.2003;Eberl2004).It was found that the21indicators have to be specified as formative.This is not surprising,since the aim of the expert interviews was to identify drivers,i.e.antecedents of reputation.This is also in accordance with the intention to model quality,performance,attractiveness,and social responsibility as driver constructs for corporate reputation and,ultimately,being able to identify important levers(i.e.the indicators).The measures thus capture the stakeholders’assessment of21levers for corporate-level marketing activities and can be used as input variables in respect of reputation management and controlling.For example, corporate social responsibility is captured by the aspects“I have the feeling that[company]is not only concerned about profit”“[company]is concerned about the preservation of the environment”“[company]behaves in a socially conscious way”“I have the impression that[company]is forthright in giving information to the public”and“I have the impression that[company]has a fair attitude towards competitors”Intuitively,it is possible for a company to be forthright in giving information to the public,while simultaneously not necessarily behaving in a socially conscious way (in the eyes of the stakeholders).Therefore,these indicators need not necessarily correlate from a theoretical point of view.The same argument applies to the rest of the indicators presented here and in the appendix.These aspects represent target variables for marketing activities.The extent of their effects on customer-specific target variables such as customer satisfaction and loyalty is therefore crucial for the prioritization of such activities.The three indicators gained in respect of competence as well as the three indi-cators of likeability were identified as being exchangeable indications of their underlying constructs and were treated as reflective(Schwaiger2004).Likeability was operationalized by the following items:“[company]is a company that I can better identify with than with other compa-nies”“[company]is a company that I would more regret not having if it no longer existed than I would other companies”,and“I regard[company]as a likeable company”The measures of the cognitive dimension of reputation were:“[company]is a top competitor in its market”“As far as I know,[company]is recognized world-wide”and“I believe that[company]performs at a premium level”21An Application of PLS in Multi-Group Analysis495 Finally,the constructs of customer satisfaction and loyalty were operational-ized with reflective measures that are well known in empirical marketing studies (Zeithaml and Berry1996):overall satisfaction,intention to repurchase,propensity for recommendation,and intention to remain a customer in the long-run.All the items in the study were measured with7-point rating scales.However,a reassessment of the specification of the constructs likeability,competence,customer satisfaction,and loyalty via expert interviews could not verify that the measures have to be specified in a formative fashion.21.4PLS Path Modeling in Multiple GroupsThe proposed model presents an application of PLS path modeling in corporate-level marketing.An interpretation of the path coefficients that determine the four formative constructs allows corporate-level marketing measures,as represented in the formative indicators,to be prioritized(MacCullum and Browne1993).In fact, the same model would not be identified in a CBSEM environment.“Stakeholder group”can be described as a moderator variable in this model.As such,it is hypothesized as influencing the other main effects’strength in the model (Baron and Kenny1986)(i.e.the effects of the four exogenous driver constructs as well as the impact of the two reputational dimensions on customer satisfaction and loyalty).There are several ways of including moderating effects within PLS path models.21.4.1Moderating Influences Within Structural ModelsOne way would be to include an exogenous interaction term within the model.The model would then not only comprise the main effect under consideration(a)and the moderator variable’s main effect on the endogenous variable(b),but also an interaction variable’s effect(c)(predictor moderator).Proof of moderation would be provided if path c was found to differ significantly from zero(Baron and Kenny 1986).This approach is especially appealing for continuous(and latent)moderator variables,but cannot be used in path modeling with covariance-based techniques (CBSEM).These models assume that the correlation between latent variables’error terms equals zero.These assumptions would,of course,be violated by the very way in which the interaction term is constructed.PLS,conversely,has no such restric-tion,so that the interaction technique is a feasible alternative for testing moderation in PLS models.Chin et al.(2003)point out that due to PLS’bias,it is actually superior to traditional OLS regression in respect of the same model:“While prob-lematic if not accounted for within covariance-based modeling software such as LISREL,these correlations may actually help provide a more accurate estimation of the interaction effect when using PLS”(Chin et al.2003).496M.Eberl The construction of the interaction term(a b)is accomplished by formulating a latent interaction variable.The cross-product of the predictor and moderator vari-ables’indicators yields the indicators of the latent interaction variable(Chin et al. 2003).This approach can be applied without any drawbacks if both the predictor and moderator construct are modeled as having reflective indicators.If,however,at least one of the two constructs is operationalized in a formative fashion,the cross-product of the indicators must not be applied:“Since formative indicators are not assumed to reflect the same underlying construct(i.e.can be independent of one another and measuring different factors),the product indicators between two sets of formative indicators will not necessarily tap into the same underlying interaction effect”(Chin et al.2003).It is therefore recommended that in respect of a forma-tive predictor and/or moderator variable,the latent variable scores of one or both should,as afirst step,be estimated in a main effects model and that the latent inter-action variable should then be constructed as a single-indicator construct via the product variable of the two latent score variables.One drawback of this approach is,however,that it is not possible to interpret the moderator variable’s impact on the predictor variable’s weights(and/or loadings).This is a drawback when conducting driver analysis21.4.2Multiple Group AnalysisThe second approach to the analysis of moderating effects in path models is multi-ple group analysis,which is especially useful for discrete moderator variables(e.g., sex,customer status[yes/no],stakeholder group).Group comparisons are also used in CBSEM environments(J¨o reskog1971),but can also be applied in PLS(Chin 2000;Keil et al2000).Basically,a discrete moderator variable can be interpreted as dividing the data into groups of subsamples.The same PLS path model can then be estimated in each of the distinct subsamples.CBSEM models usually report having used different measures for globalfit(based on their hard distributional assumptions),which allows for a statistical assessment of the group differences in terms of the structural invariance between the groups.This approach is an easy-to-apply instrument for testing discrete moderators.Nevertheless,the approach does have some drawbacks.One of the prerequisites of this parametric testing proce-dure is that–as in any t-test–the data is largely normal.This is a huge problem in many applications,since violation of the assumption may lead to biased results. Recent publications have,however,developed alternatives.Dibbern and Chin(2005) proposed an alternative distribution-free approach by using a random permutation procedure in accordance with Edgington(1987)and Good(2000).This rather new approach to PLS path modeling is a very interesting alternative for further research on this topic.For more information,see also the paper by Chin in this handbook. As the approach requires a huge number of simulation runs,and has not,for practi-cal reasons,been used in practical research to date,it was not adopted in this study either.。
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外文文献翻译原文及译文文献出处: Dalman M. The Research of Brand Differentiation Marketing Strategy ." International Journal of Marketing Studies, 2017,1(5): 63-72.原文The R esear ch of Br and Differ entiation M a r keting Str a tegyDa lman M1 The Pur pose of This R esear chAlthough our knowledge of trivial attribute effect has been greatly enhanced, how the trivial attribute affects brand evaluation has never been studied from the perspective of product development and marketing strategy. Our research aims to fill the gap by offering empirical evidences from two studies. The goals of this paper is fourth folds; 1) Can brands increase their choice likelihood by adding some trivial attributes, 2) Does this effect depend on the nature of the category (i.e. hedonic vs. utilitarian), 3) Does the type of trivial attributes (hedonic vs. utilitarian) affect the consumer response to these trivial attributes, and finally 4) How can marketing managers effectively communicate a brand with trivial attribute? To reach these goals, in the first study, we review trivial attribute effect, and test how it creates the brand differentiation in service sector. Then, in the second study, we discuss about the evaluation modeliterature, and test that the effect whether trivial attribute is more salient in joint evaluation or separate evaluation mode. Finally, we conclude with discussion and provide suggestions for further research.2.Theor etica l Ba ckgr oundTr ivia l Attr ibute Effect on Ser vice C hoiceTrivial attributes are defined as the attributes that do not create meaningful differentiation in evaluation of alternatives (Broniarczyk & Gershoff, 2003; Miljkovic et al., 2009). Consumers treat this trivial information in the advantage of brands that offer them even when they are informed before decision-making about the triviality (Carpenter et al., 1994). Brown and Carpenter (2000) explain this advantage with the reasons based account. They argue that consumers prefer to choose on the basis of easily justified, cognitively available reasons (Brown & Carpenter, 2000). Thus, when the options cannot be chosen based on important attributes, consumers need to rely on trivial attributes that create brand differentiation (Shafir, Simonson, & Tversky, 1993).The question about what to add to the offering to increase its value is especially important for services (Devlin, 1998), as it is more difficult to create a competitive advantage in service industries (Storey & Easingwood, 1998). The main reason is that unlike physical goods, services are intangible and consumers often face a problem of identifyingthe necessary attributes in services for evaluation. Thus, they end up only relying on brand comparisons on the basis of selected attributes (Gabott & Hogg, 1994; Rust & Chung, 2006). Therefore, services create more uncertainty for consumers than physical goods at the purchase stage.When a decision can't be justified on relevant attributes, consumers form arguments based on trivial attributes even after they are told about the triviality of the attribute (Albrecht, Neumann, Haber, & Bauer, 2011).Therefore, with the amount of uncertainty in services and the difficulty of evaluating attributes as mentioned above, consumers are likely to use trivial attributes when they are faced with an ambiguous choice set even after they are told about the triviality. We posit the hypothesis as follows;H1: The choice likelihood of service provider that offers a trivial attribute will be higher than that does not offer.Compared to physical goods, services are based on information processing (Rust & Chung, 2006) and how the information is processed depends on whether the service is utilitarian or hedonic (Hirschman & Holbrook, 1982). According to Batra and Ahtola (1991), consumers have these two motives in a choice context. Hedonic services are related to "fun" and "pleasure" (Babin, Darden, & Griffin, 1994) whereas utilitarian services are related to "functionality" (Strahilevitz & Myers, 1998). In a choice context, the outcomes of these two types of servicesare valued differently as the utilitarian outcome depends on objective standards whereas hedonic ones depend on subjective (discretionary) standards (Botti & McGill, 2010). Moreover, Botti and McGill (2010) argue that hedonic motives are sought "as an end itself" whereas utilitarian motives are used to reach a higher-level goal. We argue that utilitarian services are more anxiety provoking than hedonic services as they include important, harder to achieve, and uncertain goals (Lazarus, 1991). And in situations, when goals are anxiety provoking, trivial attributes are more influential (Xiao, Dacin, & Ashworth, 2011). Therefore, we expect the effect of trivial attributes to be more pronounced in a hedonic service category than in a utilitarian service category. We posit the hypothesis as follows:H2: The advantage of service provider that offers a trivial attribute will be more pronounced for the hedonic services compared to utilitarian services.M ar keting C ommunica tion Str a tegy Using Tr ivia l Attr ibute Effect Prior literature has suggested that comparison is a natural and powerful strategy that consumers often rely on (Cooke, Janiszewski, Cunha Jr, Nasco, &De Wilde, 2004; Dhar, Nowlis, & Sherman, 1999). Hsee and Leclerc (1998) suggest that consumer preference changesdepending on how products are presented and evaluated, specifically, whether they are evaluated separately (separate evaluation mode) or jointly (joint evaluation mode). For example, in separate evaluation when one is asked to rate the importance of supporting government intervention for saving dolphins over preventing skin cancer among farm works, the number of people who supports the government intervention for saving dolphins is substantial. However, in the joint evaluation mode when the same person is asked to compare the importance of dolphin to that of a human side by side (or jointly) the majority of people's answer is obvious to support a human.Thus, consumers in joint evaluation mode not only greatly save their efforts but also increase accuracy in choice because it is easier to identify similarities and differences between competing brands. This evaluation strategy focusing on the difference or something unique makes the trivial attribute become salient and even meaningful (Dhar& Sherman, 1996). Taken together, we posit that brand with trivial attribute will be perceived more valuable (i.e., people are willing to pay more) in the joint evaluation mode than it is in the separate evaluation mode.H3: Willingness to Pay (WTP) is higher in the joint evaluation mode than that in the separate evaluation mode.3.DiscussionCreating brand differentiation has been critical more than ever in our globalized world. Many manufactures of consumer package goods make enormous marketing efforts to differentiate their brands against competitors often by searching and adding new or noble attributes. An important decision to make for marketing managers is to determine what features should be included. In this research, we introduced an unusual brand differentiation strategy using the trivial attribute effect. Results from two experimental studies point out the following; if a trivial attribute as easy to implement as playing music in between class sessions for a GMAT course or distributing free ice at a Music Festival is offered, it can help service providers gain competitive advantage over their competitors. This can allow managers to be more creative and stay competitive in the market. Our results also indicate that this effect is more pronounced in hedonic service categories compared to the utilitarian categories.From the ethical perspective, offering attributes that don't create meaningful difference for consumers is not deceiving consumers as our results indicate that the effects of trivial attributes hold even after consumers are told about the triviality of them. Moreover, consumers indicated in our study that they are not only aware of the triviality of these attributes but they also think they are not useful in theirdecision-making. Another result we found that supports the triviality of these attributes is that the type of trivial attribute (hedonic / utilitarian) does not matter. Lastly, in terms of effective marketing communication strategy relying on trivial attribute effect, our results revealed that the joint evaluation mode increases the consumer's willingness to pay more than that of the separate evaluation mode.4.Implications and L imitationsOur research handles both theoretical and practical implications; theoretically it will add to the service literature the applicability of trivial attributes. While research on trivial attributes so far has mainly focused on different consumer goods including down jackets, compact disc players, pasta (Carpenter et al., 1994), coffee, and cologne (Brown & Carpenter, 2000), we are not aware of any research that has investigated trivial attributes in a service context. In our efforts to understand if using trivial attributes would have a differential effect on hedonic vs. utilitarian services, results suggest that consumers use different types of information evaluating hedonic vs. utilitarian services (Batra & Ahtola, 1991; Holbrook & Hirschman, 1982) when trivial attributes are evaluated.Managerially, it can show the managers a possibly easy way to gain competitive advantage over the competitors. Consider the music festival example above. Using an equipment from the place where the music wasoriginated is not necessarily the best nor the most expensive choice. However, it can possibly give the organizers the edge over the competitor festivals if people consider this information positively in their decision-making. Lastly, from the perspective of marketing communication strategy, attributes themselves can also be either utilitarian or hedonic and it will be up to the marketers to choose the type of the trivial attributes for their offerings. However, this becomes important only if this choice affects the consumer response to the offering a nd helps the marketerIn services, one of the main reasons why it is difficult to create and maintain advantage is the fact that in services, competitors can easily copy the aspects of successful offerings (Storey & Easingwood, 1998). This then puts pressure on service managers to stay competitive in the market place. Our research findings contribute to the service sector. Service sector compromises 68% of US GDP and 80% of the US jobs (Office of the US Trade Representative) and this distribution is similar in all developed countries as there is a positive correlation between GDP and the share of the service sector in an economy (Sherom & Saubbotina, 2000). While the service sector has such an important share in the economy, at the same time, service management is different from managing goods (Mittal, 1999; Parasuraman, Zeithaml, & Berry, 1985)and it is more difficult (Storey& Easingwood, 1998).Moreover, the consumer behavior for services is also different than it is for goods and it is more difficult for consumers to make a choice along the alternatives (Gabott & Hogg, 1994). In sum, all these factors about services make it an important domain to understand if companies can use trivial attributes to gain advantage in the marketplace and our research sheds light to managers in the service sector.译文品牌差异化营销策略研究达尔曼〃马库斯1 研究目的尽管我们对于微小属性的认识大大加强, 从产品开发和营销策略的角度来讲,微小属性如何影响品牌评估还尚未被研究过。