Literary Exercise Assignment Example | Topics and Well Written Essays - 500 words

Literary Exercise - Assignment Example Here is the message that goes in favor of internet advertising. â€Å"The idea is based on consumers themselves taking the initiative by showing up voluntarily and interacting with what they find online.†(Internet†¦) This is an important gain and the seller has won the first round of the exercise, by arresting the considered attention of the customer. Online advertising is helpful to create a brand and to sustain the merits of the branded products. Quality of the product and the performance- based market go to solidify the foundation of the branded products. Not all products are suitable for online advertising. Some products like mortgages, cars etc. can exclusively sell through online marketing as the individual intent on purchasing will make the detailed shopping search through a search engine to judge the merits of several competing products. With online advertising and marketing one develops the type of intimacy which is not possible through the exposure in the established mass media. In the former case, the connection is more personal and in the latter case it is impersonal. Mere presence of online advertisements and messages leaves an imprint in the minds of the customers and the companies get better returns on their advertising budgets as compared to print and electronic media. Louisa Ha (2008) in article, â€Å"Online Advertising Research in Advertising Journals: A Review,† writes, â€Å"†¦. [suggests) five advantages of online advertising: 1) Awareness efficiency 2) easy to locate, 3) contact efficiency 4) conversion efficiency and 5) retention efficiency. Advertising influences sales in a peculiar style as the relationship between advertisements and revenues is a two-way traffic. The companies decide their budget on the basis of a fixed percentage of sales, which means, the more is the willingness of the company to spend on advertisement, when

Mobile Phone Buying Behaviour in the UK Research Paper

Mobile Phone Buying Behaviour in the UK - Research Paper Example This study looks at the buying behaviour of mobile phone customers in the U.K. using analysis of secondary research data to test the hypothesis that such behaviour is rational. Based on findings from the latest annual industry survey conducted by the Communications Management Association of the U.K., feedback on a consumer website (www.ciao.co.uk), and a review of relevant literature on mobile phone buying behaviour, the study concludes that U.K. consumers exhibit predominantly rational characteristics. Buying decisions, however, are affected by hedonic factors that are emotional in nature, and also by other considerations such as age group, financial capability, and the capabilities and image of the mobile phone model being offered. Consumer decision-making therefore combines the rational assessment of the phone plan, the perceived service quality, and the phone's technology.2. To determine which of the following features have greater influence on the customer's decision to buy a mo bile phone: the plan (tariffs, free minutes, network coverage, etc.), the phone itself (capabilities, image, or advertising), customer service, or a combination of any or all three factors.Conventional marketing theory predicts that buying behaviour of mobile phones follows a rational process because a mobile phone is a high-technology product, it is useful, and it is a personal item that a consumer has close at hand for many hours during the day. The study aims to test the hypothesis that the mobile phone buying behaviour is rational. Proving our hypothesis would mean that customers who buy mobile phones follow a rational decision-making process that marketing theorists summarise as a five-stage process of Awareness Interest Evaluation Trial Adoption. In order to determine whether the buying behaviour is rational, this study looks at each stage of the buying process according to a set of basic rational and emotional factors as shown in Tables 1 and 2. Using secondary research based on U.K. consumer data and their decision to buy a mobile phone service, it would be possible to compare responses with the rational and emotional factors and test our hypothesis based on the results. The hypothesis can be confirmed if the results show that rational factors consistently score higher than emotional factors. Otherwise, the hypothesis is false. Research Methodology and Literature Review The research study used three secondary data sources. The first data source is the latest annual survey of the Communications Management Association (CMA, 2006), a U.K.-based professional organisation of companies in the telecommunications sector, which includes mobile phone suppliers such as Nokia, Sony Ericsson, and Motorola; and mobile service providers such as Vodafone, Orange, O2, T-Mobile, and Virgin. The CMA has been conducting an annual survey since 2003 and publishing the results on its website (www.thecma.com). The CMA conducted its last annual surveys in 2006, and part of the data gathered from the survey are the factors that make up consumer decision-making and satisfaction, consumer concerns, and image perceptions towards mobile phone suppliers and mobile service providers. The second source of data is ciao.co.uk, a shopping intelligence