Author(s):
Ajit Kumar, Harbhan Singh
Email(s):
ajitnayak2009@gmail.com
DOI:
10.52711/2321-5763.2024.00050
Address:
Ajit Kumar1, Harbhan Singh2
1Research Scholar, Department of Business Administration, SPC Government College, Ajmer, Rajasthan, India.
2Assistant Professor, Department of Business Administration, SPC Government College, Ajmer,Rajasthan, India.
*Corresponding Author
Published In:
Volume - 15,
Issue - 4,
Year - 2024
ABSTRACT:
Introduction: Throughout this study, it was determined the behavioural impacts of consumers towards consumer durable goods and positioning and impulsivity of buying goods and to find out how a brand positions products and services and how to promote impulsive buying using the unique reference of consumer durable goods. Design/Methodology/Approach: A comprehensive literature review is conducted to examine the effects of positioning and impulsivity on consumer buying behaviour. Results, theoretical insights, and practical implications are then synthesized. Brand positioning and impulsive buying behaviour of consumer durable goods are also examined in this article. Result: Brand positioning can boost sales and provide financial benefits for a company. On the other hand, consumer impulsiveness can sometimes generate economic instability and sometimes foster brand loyalty through recurring purchases so situating consumer durable items is crucial for increasing the sale value of a company, consumer conduct towards these products appears impulsive. Discussion: Organizations may strategically employ brand positioning to create productive and pleased sell value. Understanding complex relationships and addressing the many satisfaction aspects can provide a competitive edge. Organizations employ effective brand positioning techniques to boost sales and improve consumers' perceptions of their products although there appears to be less impulsiveness when purchasing consumer durable products, an organization can improve this by using effective positioning techniques. Originality/Value: This study contributes to the expanding corpus of knowledge about how crucial brand positioning is to customer behaviour. The analysis of the multifaceted components of consumer behaviour will be helpful to investigators and managerial and organizational leaders who want to optimise the influence of brand positioning for the expansion of organizational values and organizational success.
Cite this article:
Ajit Kumar, Harbhan Singh. Impact of Consumer Behaviour on Brand Positioning and Impulsive Buying with Special Reference to Consumer Durable Goods. Asian Journal of Management. 2024;15(4):321-8. doi: 10.52711/2321-5763.2024.00050
Cite(Electronic):
Ajit Kumar, Harbhan Singh. Impact of Consumer Behaviour on Brand Positioning and Impulsive Buying with Special Reference to Consumer Durable Goods. Asian Journal of Management. 2024;15(4):321-8. doi: 10.52711/2321-5763.2024.00050 Available on: https://ajmjournal.com/AbstractView.aspx?PID=2024-15-4-4
REFERENCES:
1. Akaka, M. A., and Alden, D. L. Global brand positioning and perceptions: International advertising and global consumer culture. International journal of Advertising. 2010; 29(1): 37-56.
2. Amadi, L. Brand benefit positioning strategy and repurchase intention of consumers of food and beverages brands in rivers state, Nigeria. World Bulletin of Management and Law. 2022; 7: 21-28.
3. Badgaiyan, A. J., and Verma, A. Intrinsic factors affecting impulsive buying behaviour—Evidence from India. Journal of Retailing and Consumer Services. 2014; 21(4): 537-549.
4. Badgaiyan, A. J., and Verma, A. Does urge to buy impulsively differ from impulsive buying behaviour? Assessing the impact of situational factors. Journal of Retailing and Consumer Services. 2015; 22: 145-157.
5. Baumeister, R. F. Yielding to temptation: Self-control failure, impulsive purchasing, and consumer behaviour. Journal of Consumer Research. 2002; 28(4): 670-676.
6. Carol F. Gwin and Carl R. Gwin. Product Attributes Model: A Tool for Evaluating Brand Positioning. Journal of Marketing Theory and Practice. 2003; 11(2): 30-42, DOI: 10.1080/10696679.2003.11658494
7. Darmawan, D., and Gatheru, J. Understanding Impulsive Buying Behaviour in Marketplace. Journal of Social Science Studies (JOS3). 2021; 1(1): 11-18.
8. Dou, W., Lim, K. H., Su, C., Zhou, N., and Cui, N. Brand Positioning Strategy Using Search Engine Marketing. MIS Quarterly. 2010; 34(2): 261–279. https://doi.org/10.2307/20721427
9. Fenton‐O' Creevy, M., Dibb, S., and Furnham, A. Antecedents and consequences of chronic impulsive buying: Can impulsive buying be understood as dysfunctional self‐regulation? Psychology and Marketing. 2018; 35(3): 175-188.
10. Fuchs, C., and Diamantopoulos, A. Evaluating the effectiveness of brand‐positioning strategies from a consumer perspective. European Journal of Marketing. 2010; 44(11/12): 1763-1786.
11. Gammoh, B. S., Koh, A. C., and Okoroafo, S. C. Consumer culture brand positioning strategies: an experimental investigation. Journal of Product and Brand Management. 2011.
12. Goswami, S. Asian Journal of Management Research. 2010
13. Grewal, R., Mehta, R., and Kardes, F. R. The Timing of Repeat Purchases of Consumer Durable Goods: The Role of Functional Bases of Consumer Attitudes. Journal of Marketing Research. 2004; 41(1): 101–115. https://doi.org/10.1509/jmkr.41.1.101.25090
14. Han, H. Consumer behaviour and environmental sustainability in tourism and hospitality: A review of theories, concepts, and latest research. Journal of Sustainable Tourism. 2021; 29(7): 1021-1042.
15. Hausman, A. A multi‐method investigation of consumer motivations in impulse buying behaviour. Journal of Consumer Marketing. 2000; 17(5): 403-426.
16. Karbasivar, A., and Yarahmadi, H. Evaluating effective factors on consumer impulse buying behaviour. Asian Journal of Business Management Studies. 2011; 2(4): 174-181.
17. Khan, M. M., and Razzaque, R. Measuring the impact of brand positioning on consumer purchase intention across different products. J. Qual. Technol. Manag. 2015; 11: 69-95.
18. Kulshreshtha, K., Bajpai, N., and Tripathi, V. Consumer preference for electronic consumer durable goods in India: a conjoint analysis approach. International Journal of Business Forecasting and Marketing Intelligence. 2017; 3(1): 13-37.
19. Liang, Y. P. The relationship between consumer product involvement, product knowledge and impulsive buying behaviour. Procedia-Social and Behavioural Sciences. 2012; 57: 325-330.
20. Lichev, G. T. Psychological factors in determining consumer behaviour. Eastern Academic Journal. 2017; 1: 8-16.
21. Mesak, H. I., Bari, A., and Ellis, T. S. Optimal dynamic marketing-mix policies for frequently purchased products and services versus consumer durable goods: A generalized analytic approach. European Journal of Operational Research. 2020; 280(2): 764-777.
22. Mohammadi, A. M., and Mohamed, B. Applying consumer behaviour theory and grand models to attendees' behaviour in the conference industry. Tourism and Management Studies. 2011; 151-159.
23. Mohideen, R. K., and Saravanan, P. A Study on Impact of Television Advertisement on Purchase Decisions of Consumer Durable Goods in Tiruchirappalli District. International Journal of Management. 2016; 7(2): 484-488.
24. Muruganantham, G., and Bhakat, R. S. A review of impulse buying behaviour. International Journal of Marketing Studies. 2013; 5(3): 149.
25. Priyanka, V., and Rooble, V. An on-field-survey of the impulse buying behaviour of consumers in consumer non durable sectors in the retail outlets in the city of Indore, India. Research Journal of Management Sciences. 2012.
26. Putra, A. H. P. K., Said, S., and Hasan, S. Implication of external and internal factors of mall consumers in Indonesia to impulsive buying behaviour. International Journal of Business Accounting and Management. 2017; 2(4): 1-10.