ABSTRACT
Youngsters these days are one of the most profitable target markets for the companies. The companies are therefore analyzing the different factors that affect the brand choice and purchase intensions of this group. Young consumers might get affected by their friends, family, brand price, advertising, sales point, brand quality and their attitude. The aim of this study is therefore to examine the influence of these factors on brand choice of teenagers and young adults by considering the mobile phone industry. It is depicted from the study that out of seven considered factors, friends have the most influence on the brand choice of youngsters while purchasing a mobile phone.
Keywords— Brand choice, Teenagers, Young adults
SECTION-I
INTRODUCTION
Teenagers and young adults are now a days one of the most attractive and appealing market segments for the companies. It is one of the growing markets of today’s world as teens and young adults are now indulging themselves more into the consumption activities. This kind of youth market come across many brands while buying the products from which they have to make their choice .As we know that youngsters are frequently motivated by the various factors and due to emergence of youth market, the research on affecting factors have become important. These factors influence their consumption patterns; this study is therefore designed to examine the different factors that affect the brand choice of teenagers and young adults from age 17-25 while buying a mobile phone. The youngsters would be then divided into two age groups; late teenagers from age 17-19 and the young adults of age 20-25.Hence, the study would be also examining whether there is a significant d...
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This survey was born out of concern that there are few statistics on the effects of marketing industry’s impact on our youth. Just as the article on “Consuming Kids” raises awareness about children being lured into believing they can’t live without things and the problems rising out of it. This survey makes us aware of how this market is willing to sacrifice the sanctity of family life by undermining the parents via their television while children watch mega hours of uninterrupted commercials aimed at them. These surveys were compared with a couple of sparsely completed other ones. The respondents felt that problems such as: aggressiveness, materialism, obesity, lack of creativity, overly sexualized behavior and self-esteem, were detrimentally influenced by the youth marketing industry.
It is difficult to exist in today’s society without being influenced by the dramatic increase of the technology use and especially the use of cell phones. The cell phone market is becoming more saturated and competitive. Thus, marketers tend to look for new segment groups, study them, and eventually influence their decisions. Due to the rise reliance on technology, much of the communication between teens occurs through the digital use, particularly through their cell phones. More than 65% of American preteens have their own cell phones. (Solomon 2011) Consequently, marketers believe that children are the new targeted customer that will create the future market growth in the smartphone industry.
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For decades, targeted advertisement directed to children and teenagers was a somewhat controversial issue. Every year young people are exposed to 40,000 advertisements on television only, not counting number of advertisements on the Internet or on billboards. This exposure could be responsible for excess weight in children and consumption of alcohol and tobacco by teenagers (Strasburger 2001). Despite existent positive effects of targeted advertisements, negative impacts significantly outweigh them, and it is clear that targeted advertising carries noticeable harm for children`s education, health, psychology and social life. This essay will evaluate impact of targeted advertising on children and adolescents considering its possible positive and negative effects. Which include obesity and ‘sexualization’ ...
Brand selection: the advertisements, messages and discounts offered consumers to try something new with lower price for a variety of product, restaurant menu, branded handbag and so on.
A consumer’s buying behavior is influenced by four major factors; cultural, social, personal, and psychological factors. These factors cause consumers such as myself to develop product and brand preferences. Although many of these factors cannot be directly controlled by advertisements and marketers, understanding of the impact they have on me and my purchasing behavior helps a me recognize my brand loyalty.
As a result, marketers and advertisers rigorously target the teen consumer in any way they can. Teens have a staggering amount of buying power, in part because they have the ability to work and have influence over their parent’s money. Advertisers go as far as create movements in youth fashion, music, and food among other products. They call it “taking the brand to the street” and it includes using high-profile celebrities to endorse their products on T.V. or in their personal lives. Overall, the goal of marketing teen consumerism that most businesses follow can be seen as marketing the “cool” to teen’s, advertising body images, and packaging girlhood and boyhood. Teens are continually bombarded with limiting media stereotypes of what it is to be a girl or a boy in today’s world. They “packaged childhood” and sell it to them through ads and products; across all media, from T.V., music, movies, magazines, to video games and the internet. Be it body shape, skin condition, fashion, music, being cool, or just, having the right type of gadget, teenagers are very uncertain about who they are or where they fit in. Advertising works best when it creates an insecurity about something and such insecurities are easily found amongst teens. This is also where the social fact concept of the functionalist perspective can be seen in this theme. As American consumerism continues to market teen obsession, this creates an
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Advertisements are found everywhere in today’s world. They have a big impact on what the consumer buys. Commercials are often aimed towards children and teens because they will ask their parents to buy the product. Another reason teens are targeted by advertisers is because they have money to spend and are willing to buy unnecessary products, especially if it is the latest and greatest. Teens feel that they need the newest electronics, clothing, and other luxury items.
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Aim to complete our assignment effectively and smoothly, our group members have decided to choose Samsung products as our topic for our group assignment. We are only focusing on Samsung Company products in Malaysia. Market STP, marketing environment, marketing 4Ps is consisted in our analysis for this assignment. We are choosing the Samsung GALAXY S3 smartphone as our research product, the reason why we select this product is because the information of this product is easy to find and the most important thing is we are able to obtain enough review about the product from the customers all around the world. In addition, we also may learn from the company from how they differentiated and positioning themselves into the customers mind by strong promotion, advertisements and so on.
Children learn the consumer socialization from their parents. Influence of parents differs based on the type of products, decision making process stages, and consumer characteristics.
The practice of brand management is a key component of marketing and performs an integral function by motivating the wants and needs of consumers. It is known that marketing can shape consumer needs and wants, however, consumers today appear to be more knowledgeable about the information regarding products. Consumers lead busy lives and have therefore gone to the internet as one of the many channels to learn about products in order to make informed decisions. This paper will discuss the argument that marketing should reflect the needs and wants of consumers rather than shaping these attributes. Due to the speed and ease of obtaining information, consumers do not take at face value strong marketing efforts that appear to be overly aggressive and push a brand rather than just being informative. Brand managers have to be aware of these changing dynamics and carefully craft brand management practices to meet the demands of consumers.
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Advertising has influenced teenagers in a profound way. The influence of advertising has affected teenagers in a way they are persistently exposed by means of television programs, articles in magazines, product endorsement ads, and through the internet. Although teenagers are excessively exposed, how they perceive and process advertisements ultimately determines how they are influenced. With that said, the perception towards advertisements can be amalgamated between reality and fantasy, which evidently has both negative and positive impacts. Advertisers strategically capitalize on what is trending in youth culture which makes teenagers most pervasive to wanting to fit in. The societal culture in advertising plays a crucial role in the way teenagers