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Archive for the 'Brand Evaluations' Category

26 January
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Study of the Day: There Are No Winners in an Overcrowded Mall

METHODOLOGY: Queensland University of Technology marketing professor Brett A. S. Martin conducted a series of field experiments in southern England. To test the effect of a strangers touch on shopping times and customer evaluations, he instructed some relatively attractive people in their 30s to either briefly brush against shoppers or to just stand near them. As soon as the customers left the store, he logged their shopping times and asked them to share their impressions of the store and the item they were considering.

RESULTS: The shoppers who were lightly touched spent less time in the store and reported more negative brand evaluations, more negative product beliefs, and less willingness to pay than the customers who were left in peace. The effect was especially detrimental when male strangers initiated the contact.

CONCLUSION: Men and women who are accidentally touched while shopping are more likely to leave a store in a hurry and to dislike the product they were looking at.

IMPLICATION: Although retailers try to drive as many customers to their stores as possible, overcrowding may drive them away as well. As Martin puts it in a statement: For managers, a strangers touch in the store means the money walks out of the store.

SOURCE: The full study, A Strangers Touch: Effects of Accidental Interpersonal Touch on Consumer Evaluations and Shopping Time, is published in the Journal of Consumer Research.

Image: Dmitrijs Dmitrijevs/Shutterstock.

19 January
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Why Is Shopping So Violent Lately?

I find shopping to be one of the most pleasurable and relaxing of activities. But it seems like there are a lot of pissed off and stressed out people heading to the mall these days, if recent news of mall brawls is any indication.

Today Gawker reported, via the Star Tribune, that a huge flash mob-like brawl took place yesterday at the Mall of America in Minnesota, which resulted in the whole place being put on lockdown. A fight broke out in the food court, which quickly escalated into this:

Several witnesses said the melee had elements of a smash and grab flash mob, including heavy use of cellphones. They said those creating the disturbance numbered in the hundreds and some knocked down shoppers and grabbed items from kiosks and shoppers.

The mall was put on lockdown, though that order was later rescinded by police. But people reported being locked into stores and even placed into stock rooms. Some residual fights broke out, but police got things under control after about an hour or so.

Racked reported that yesterays 60% off shoe sale at Saks in NYC yesterday became rather violent, with security guards breaking up a few scuffles. And last week Buzzfeed posted a video of a girl being trampled by a group trying to get their hands on new Air Jordans. And of course theres that famous Black Friday pepper spray incident, in which a woman entered a California Wal-Mart store with a can of pepper spray (which she was not afraid to use) in order to get her hands on doorbuster deals. Twenty people were injured in that little stunt.

What the heck is going on with people? Are stores marketing efforts too effective in creating hype? Are we just angrier in general? A new study reported in The Atlantic today may shed a little light, though theres probably much more to this phenomenon.

A marketing professor in England published a study in the Journal of Consumer Research, in which he had attractive people go into stores and either casually brush up against shoppers or just stand near them. The goal was to test the effect of a strangers touch on shopping times and customer evaluations. The effect was that it made people sorta freaked out.

The respondents who got touched spent less time in the store, and reported more negative brand evaluations and negative product beliefs than the ones who werent touched. And if the toucher was a guy, they effects were even worse. This led the researchers to conclude that shoppers who get touched leave a store faster and are more likely to dislike whatever it is they were looking at. So maybe a bustling, busy store isnt such a great thing.

Have you witnessed any angry shoppers in the past month?

18 August
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‘Consumers Are Not Stupid’: It’s Tough Making Some Brands ‘Responsible’

For messages of social responsibility to work, consistency and commitment are key

Paris Hilton would have you believe that she is not the ditzy celebutante she so effortlessly portrays on TV. Shes a levelheaded person, she says, mindful of the silliness surrounding and emanating from her, and sorry for the crimes she committed. In her first post-jail interview with Larry King a few years ago, she was quick to point out that she was a changed woman, done with being cute, and eager to devote time to philanthropic work.

Sadly for Hilton, very few have since bought into the Paris 2.0 brand. Her most recent reality program debuted to paltry numbers-400,000 viewers, or a mere three percent of her The Simple Life audience nearly eight years ago.

The trouble is not just that people are no longer amused with Pariss brand; its that many are confused by it. No one, it seems, truly knows if Hilton is dumb or savvy, spoiled or reformed, selfish or selfless. And when brands exhibit such inconsistencies, consumers find it hard to swallow proclamations of social responsibility, according to a
forthcoming Journal of Consumer Research study.

Marketers use messages of corporate social responsibility (CSR) under the expectation that consumers reward brands with a favorable CSR image, says study coauthor Carlos Torelli,
citing a McKinsey global survey where 76 percent of executives said CSR
efforts add to long-term shareholder value. But people also seem to be
a bit skeptical of CSR actions from for-profit entities, he notes.

When people see an ad where a brand known for self-enhancement promotes a CSR message, something doesnt feel right, Torelli says.

Torelli, a marketing professor at the University of Minnesota, worked with University of South Carolinas Alokparna Basu Monga, and University of Georgias Andrew Kaikati for the study. Across four experiments, they tested the concepts or characteristics brands evoke against messages of social responsibility, and measured their effects on participants brand evaluations and ability to process information. They found that CSR messages from brands associated with excitement and openness (Apple) or tradition and conservation (Aunt Jemima) are swiftly understood and accepted. On the contrary, when brands that suggest luxury, power, or status (Rolex) espouse their good deeds, their efforts arent as well-received.

When people see an ad with two opposing motivations, as when a brand known for self-enhancement promotes a CSR message, something doesnt feel right, Torelli explains. Consumers sense a disfluency or a motivational conflict between the brands self-aggrandizing ethos and its selfless CSR message that results in distrust and less favorable appraisals. This experience, he adds, occurs rather spontaneously without any conscious deliberation on the merits of the CSR argument.

Zeynep Guuml;rhan-Canli, the director of Koccedil; Universitys graduate business school, says the use of these automatic abstractions or concepts is a novel approach to CSR research, as it can potentially enable marketers to gauge their brands congruity, or lack thereof, with CSR messages. CB Bhattacharya, a corporate responsibility professor at Berlins ESMT European School of Management
and Technology, agrees: This research effectively deconstructs fit
well beyond the stale rhetoric of whether a computer company is better
served by supporting education rather than the rainforests, he says.

The problem remains, though, for brands synonymous with power, self-enhancement, and/or luxury that may truly want to be altruistic or at least benefit from CSR. Its a tall order for the Louis Vuittons of the world to abandon their basic positioning for CSR, Bhattacharya says, noting, those who adopt a CSR-based positioning usually do it
from the get go.

Still, Torelli says those who manage prestige brands do have recourses to avoid the pitfalls of corporate social responsibility. In their messages, they may use phrases, such as although what you are about to read might seem contradictory, to prompt consumers to reflect on their subjective experience of disfluency, and enable them to decide more rationally and less impulsively. Torelli also encourages the use of a sub-brand for the same reason. Introducing a CSR image under a sub-brand approach should
encourage anticipating the inconsistent CSR action and shield the [mother brand] from the negative effects of disfluency, he explains.

Golden Gate University marketing professor Michal Ann Strahilevitz offers an alternate solution: consistency. To illustrate her point, she cites the case of Angelina Jolie, who a decade ago was not taken seriously when she began helping people in need, presumably because her
actions conflicted with her sexy, reckless image. Since Jolie persisted
with philanthropy, however, her brand was revamped over time and perhaps
even improved.

As for Hilton, Strahilevitz says her one-shot CSR announcement ultimately backfired because she didnt see her promise through. Consumers are not stupid, she says. If you want people to take your CSR efforts seriously, you need to display authentic commitment.

This post also appears on PsychologyToday.com.
Image: Tim Green atoach/flickr

31 May
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PBXCompare.com Announces Virtual PBX Review Updates

Helping small businesses keep pace with current industry trends is one of the key goals of PBXCompare.com. As a result, the company now highlights virtual PBX service that offer business owners the ability to list international phone numbers to help expand brand reach outside of the United States. Reviewed services including international options now include Phone.com, iTeleCenter, and VirtualPBX.

ChooseWhat.com Lead Research Analyst, Adam Malden writes, “PBXCompare has updated the structure of the sites reviews and grids to better reflect the information and research completed on reviewed services. The product evaluations are more in depth and provide the user with a great deal more information to use for making purchase decisions.”

The recent product review upgrades signify PBXCompare.coms commitment to ensuring consumers have the most recent data to make hosted PBX business decisions. Core and add-on features are highlighted to ensure common pricing data is available to site visitors in the rapidly changing marketplace.

About PBX Compare:

Helping small businesses and entrepreneurs make big business decisions is at the core of PBXCompare.coms core values. ChooseWhat Labs research staff test all reviewed virtual PBX services and consolidate and organize detailed information on top providers as compared against industry standards. Products are assessed on a recurring basis with new brand evaluations posted as products emerge on the marketplace.

Contact:

PBXCompare.com

401 Congress Avenue, Suite 1540

Austin, TX 78701, USA

Phone. 512-448-9036

Email: lindsey(at)choosewhat(dot)com

Website: http://www.pbxcompare.com/

# # #

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebhosted-PBX/service/prweb8449857.htm

Source: prweb

More News in this Category

15 May
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America’s Most Inflated Balance Sheets Belong to Banks

Did you ever ask yourself why prominent American banks are priced with substantial discounts below their book value? This article explains the answer. Brand Finance, a London based marketing research company recently published the global-brand evaluations. Using an objective index, based on discounted earnings model, the company estimated the brand value of all major banks in the USA. Financial institutions also evaluate their brand values, and report it as an asset under the goodwill section in the balance sheets. Based on banks own evaluations, and Brand Finances objective estimations, one can determine Americas most inflated balance sheets (in $ billions):

22 April
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Top Resveratrol Supplement, Transmax, Wins Pulse Magazine Award

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Biotivia, a leading developer and manufacturer of science based health supplements, has gained more recognition for their top selling resveratrol supplement, Transmax, from Pulse fitness magazine, a leading authority on fitness products in Canada.

Pulse magazine is a mens health periodical that specializes in informative and relevant health related issues from muscle gain to weight loss. They recently held their awards and gave Biotivias resveratrol supplement, Transmax, recognition for the role it plays in improving physical endurance.

James Betz, founder and CEO of Biotivia said: Its a great achievement to have our resveratrol supplement, Transmax, recognised for this category. Especially at a time when there are so many resveratrol supplements to choose from, all with varying degrees of quality.

Transmax has been used with great success by a US NFL Super Bowl winning team, 2 women gold medal 500 meter Beijing kayak Olympiads, and the current number 1 amateur male swimmer, in two events.

Transmax is the only 500mg Resveratrol to be approved in the recently released 2010 Consumer Lab Resveratrol brand evaluations. Transmax came back with the highest potency pure trans-resveratrol, with no inert additives or fillers of any type.
Resveratrol has been hailed a lot recently in the press for its apparent life enhancing properties and its potential to combat the threat of age related diseases.

Betz continues: Dont just take our word for it, we have been independently tested and recognized by both Mens Health magazine and Pulse fitness hellip; plus we are the only consumer lab rated 500mg resveratrol supplement on the market. We have come out top in more independent evaluations than any other resveratrol supplement for one reason; our relentless commitment to the development of effective, high quality, evidence based health supplements for the functional food and health supplement markets. All of our ingredients come from natural sources and are 98% or higher purity.

To read more about Transmax please visit http://www.biotivia.com/transmaxresveratrol.html

###

About Biotivia LLC

Biotivia was established in 1992 in Vienna, Austria as a supplier of natural raw materials and botanicals to the supplement and functional food industries and to researchers and scientific institutions worldwide. The company evolved into one of the worlds leading developers and suppliers of potent nutritional supplements and skin care therapies, with most of their products centered around the use of concentrated resveratrol and complementary botanical extracts.

Biotivia presently has US offices in New York, Los Angeles, Kansas City and international offices in the UK, Spain, Austria, Denmark, Italy, Germany, Singapore, Xian, China and Mumbai, India.

Beyond its strong consumer base, the company currently supplies researchers, physicians and scientists at Harvard, Stanford, Yale, Georgetown, The Albert Einstein Medical Center, University of Texas, MD Anderson Cancer Center and the University of California. Transmax and Bioforte in particular are being explored by several major universities as a possible treatment for a variety of conditions that seriously impair the health and well being of millions of people around the world. Biotivia recently signed an agreement to supply Transmax to the University of Ferrara for use in three human clinical trials in Italy and Egypt on its possible use by Thalassemia sufferers.

Biotivias resveratrol products, Transmax and Bioforte, have been independently assessed by Consumer Labs, the leading American quality watchdog, and were deemed both most potent and best value.

Most of Biotivias other supplements have been certified Vegan by the American Vegetarian Association.

Neither Florativia nor any Biotivia product has been shown to prevent any yeast infections. Florativia is not intended to diagnose, prevent, treat or cure any disease. The statements herein have not been reviewed or approved by the US FDA. All Biotivia supplements are manufactured in state of the art FDA inspected pharmaceutical facilities in accordance with CGMP USP standards.

Contact information:
leo.biotivia@gmail.com

Keep on reading: Top Resveratrol Supplement, Transmax, Wins Pulse Magazine Award

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