X CLICK TO CLOSE X   

Home Article Tutorials Services Market News General News Bookmark Us Rss Feeds Blog Site Map About Us Contact Us


Detailed Information about All companies listed in Nse/Bse .
Mutual Funds Latest Nav
Company Profile
Company Balance Sheet
Company Profit & Loss
Comp. Half-Yearly Results
Comp. Notes to Accounts
Company Financial Ratios
Comp. Yearly High-Lows
Company History
Comp. Capital Structure
Comp. Board of Directors
Comp. Share Holding Pattern
Company Key Executives

How consumers find authenticity in brands

Washington, August 25 (ANI): A new study has shed some light on how consumers find authenticity in various brands.

'Consumer identity goals (or their idealized images of themselves) underpin assessments of whether a brand is authentic (genuine, real, and true) or not,' write authors Michael B. Beverland, of RMIT University in Melbourne, and Francis J. arrelly, of Monash University.

Published in the Journal of Consumer Research, their study has identified three primary identity goals: a desire for control, connection, or virtue.

'These goals reflect three respective societal norms: the need to be practical, to participate in community, and to be moral,' the authors write.

'When seeking to achieve these different goals, consumers choose different brands. When consumers desire to be in control, they may view McDonalds as an inauthentic brand partner because fast food leads to increases in weight. Alternately, McDonald's may be viewed as a genuine partner when the same consumer is seeking to connect with others,' they add.

They have found that consumers tend to project or infer certain motives onto brands or reduce brand claims to a few basic features.

As an example, they point out in their study report that several consumers viewed driving the original VW Beetle as a highly virtuous act, because the original motive behind producing the car was to provide cheap transport for everyone, despite the fact that it was the Nazi Government that originally commissioned the car.

The authors say that they were intrigued by how consumers were able to judge seemingly mundane objects or mass-market brands as authentic.

'Consumers found authenticity in The Simpsons, McDonald's, cigarette manufacturers, and Nike. Another surprise was the way committed environmentalists found authenticity in work-related objects such as SUVs,' the authors write.

'Authenticity is not necessarily an objective feature of an object, or conferred to things by authorities or based on the passing of time. Nor is it applicable only to small or anti-establishment brands, such as Ben and Jerry's or Snapple.

Instead, authenticity is generated by the consumer, often in highly creative and unexpected ways,' the authors write. (ANI)
Top News
  • Demand growth for steel to cross 10 percent soon: Steel Secretary
  • Yahoo to acquires Arab portal Maktoob.com
  • Pressmart delivers newspapers on Kindle and Sony eReader
  • MyBand.co.in launches digital store for local bands to sell music online
  • How consumers find authenticity in brands
  • Bangalore based movie portal hosts Facebook event
  • Fortis buys 10 Wockhardt hospitals for Rs 909cr
  • AI employees start three-day hunger strike
  • Nifty end marginally higher; RIL, L&T up
  • Export of Lord Ganesha idols increases in Nagpur
  • Pressmart Indonesia Print Media Awards launched
  • RIL wants ADAG's ad campaign 'nipped in the bud'
  • L&T grabs $217.45 million worth orders
  • Premier Farnell significantly expands Tyco Electronics lighting product range
  • India UNIDO launch projects worth 9 million dollars
  • AI needs $620 mn bailout to keep it flying: Praful
  • Sical reserves Chennai Port JD5 bulk cargo berth until 2018
  • BT to cease graduate recruitment scheme
  • Levi Strauss products available on monthly installments
  • ESS to automate Ovhal diary
  •  

    Comments :

    Name (Required)

    Mail (Required)

    Website



     
    News Archive


    Home Article Tutorials Services Market News General News Bookmark Us Rss Feeds Blog Site Map About Us Contact Us
    Mutual Funds Forthcomming IPO's Stock Market Glossary
    Comp. Profile Bal. Sheet P&L Half-Yearly Results Notes to Accounts Financial Ratios Yearly High-Lows History Capital Structure Board of Directors Share Holding Pattern Key Executives
     
    Dîsclaimér: Trading ôr investing în stocks & commodities is a high risk activity. Any action yôù choose to take în thé markets îs totally yôùr own responsibility. Source2update.com Resources
       will not bé liable fôr any direct ôr indirect consequential ôr incidental damages ôr loss arising ôùt ôf ùsé ôf thîs information. Add Url
    Dîsclosuré: The information ôn thîs website îs neither an offer tô sell nor solicitation tô buy àny ôf the securities mentioned herein. The writers may or may not bé trading în thé Link To Us
      securities mentioned. Advertise With Us

    Copyright 2OO2 source

    update.com.All rights reserved

     

    Dîsclaimér