Relationship marketing in consumer markets: antecedents and consequences
Article Abstract:
Understanding the motivations of consumers to engage in relationships with marketers is important for both practitioners and marketing scholars. To develop an effective theory of relationship marketing, it is necessary to understand what motivates consumers to reduce their available market choices and engage in a relational market behavior by patronizing the same marketer in subsequent choice situations. This article draws on established consumer behavior literature to suggest that consumers engage in relational market behavior due to personal influences, social influences, and institutional influences. Consumers reduce their available choice and engage in relational market behavior because they want to simplify their buying and consuming tasks, simplify information processing, reduce perceived risks, and maintain cognitive consistency and a state of psychological comfort. They also engage in relational market behavior because of family and social norms, peer group pressures, government mandates, religious tenets, employer influences, and marketer policies. The willingness and ability of both consumers and marketers to engage in relational marketing will lead to greater marketing productivity, unless either consumers or marketers abuse the mutual interdependence and cooperation. (Reprinted by permission of the publisher.)
Publication Name: Journal of the Academy of Marketing Science
Subject: Business
ISSN: 0092-0703
Year: 1995
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Bundle evaluation in different market segments: the effects of discount framing and buyers' preference heterogeneity
Article Abstract:
Heterogeneity of buyers' preferences has played a significant role in the earlier economic analyses of bundling and continues to be important in the recent investigations initiated by marketing and consumer researchers. Guided by a decision-framing conceptualization, this study suggests that in a market characterized by heterogeneous preferences for items included in a bundle offer, buyers' bundle evaluations may vary significantly depending on which item is featured as the price leader (i.e., the discounted item). When two unequally preferred items were evaluated for purchase as a set, bundle evaluation was more enhanced when the price leader was also the more preferred item. Thus, under such preference conditions, bundle evaluation may be quite sensitive to the choice of the price leader. Besides highlighting the importance of incorporating psychological considerations in bundling research, the results of this study also raise questions about the validity of a key assumption made in the extant analyses of bundling strategies. Specifically, perceived savings on one item may not always transfer readily to other items included in a bundle offer. (Reprinted by permission of the publisher. )
Publication Name: Journal of the Academy of Marketing Science
Subject: Business
ISSN: 0092-0703
Year: 1995
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The impact of direct marketing appeals on charitable marketing effectiveness
Article Abstract:
Building on behavioral decision research, this article provides guidelines to charitable marketing managers regarding the effect of charitable direct marketing appeals on donor decision judgments. Several charitable direct mail appeals (factors) were empirically tested simultaneously in a factorial experimental design involving 18,144 potential donors to determine how donor decision strategies influenced choice judgments about whether to give and estimation judgments about how much to give. The results indicate that suggested anchors and framing influence response rate (choice) but not size of gift. Reference information (factual/statistical and narrative/experiential) influences size of gift (estimation) but not response rate. Implications for charitable marketing managers are discussed. (Reprinted by permission of the publisher.)
Publication Name: Journal of the Academy of Marketing Science
Subject: Business
ISSN: 0092-0703
Year: 1996
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