Masterarbeit, 2004
112 Seiten, Note: 8 (1,7)
This study aims to investigate consumer motivations behind the consumption of retro brands. It seeks to understand the factors influencing purchase intentions and explores the opportunities and risks associated with retro branding for companies.
1 INTRODUCTION: This introductory chapter sets the stage for the entire thesis. It provides a general introduction to the topic of retro branding, clearly defining the problem statement and outlining the scope of the study. It also articulates the study's contributions, both theoretically and practically, and provides a roadmap of the subsequent chapters, guiding the reader through the research design and anticipated findings. The chapter establishes the core question driving the research and highlights the significance of understanding consumer behavior in relation to retro brands.
2 BRANDS AND BRAND REVIVAL: This chapter lays the groundwork by defining the concept of a brand from both a consumer and company perspective. It delves into the significance of brand equity and provides a clear definition of retro branding, differentiating it from similar concepts. This foundational understanding of branding principles and retro branding's unique characteristics is crucial for the subsequent analysis of consumer motivations and market dynamics.
3 OPPORTUNITIES AND RISKS OF BRAND REVIVAL (RETRO BRANDING): This chapter explores the dynamic landscape of brand management, highlighting shifts in consumer behavior, increased competition, and the challenges of managing aging customer bases. It examines the integration of retro branding as a line extension strategy, detailing both the potential opportunities at the consumer, retail, and company levels. Conversely, it carefully considers the inherent risks associated with reviving older brands, offering a balanced perspective on the strategic implications of retro branding initiatives. The chapter provides a framework for understanding the strategic considerations for companies engaging in retro branding.
4 FACTORS INFLUENCING THE INTENTION TO BUY RETRO BRANDS: This crucial chapter delves into the core psychological and sociological factors driving consumer interest in retro brands. It focuses on the pivotal roles of nostalgia and authenticity, exploring the nuances of communal, personal, and historical nostalgia. Beyond these core concepts, the chapter analyzes the influence of identity, individualism, brand familiarity, perceived quality, and brand updating strategies on purchasing decisions. It lays the groundwork for the empirical analysis presented later.
5 METHODOLOGY: This chapter provides a transparent and detailed explanation of the research methodology employed in the study. It clarifies the sources of data utilized, differentiating between primary and secondary data. Further, it justifies the choice of a qualitative or quantitative research approach, detailing the chosen research design and explaining the methods applied for data analysis. The chapter concludes with a critical assessment of the research limitations, adding to the study's overall credibility and rigor.
6 DISCUSSION OF THE RESULTS: This chapter presents a detailed analysis of the findings, systematically examining the influence of each factor investigated (nostalgia, authenticity, identity, individualism, brand familiarity, perceived quality, and updating) on consumers' intention to buy retro brands. It dissects the results proposition by proposition, providing a comprehensive exploration of the relationships between these factors and consumer behavior. The integration and synthesis of findings from various propositions help create a holistic understanding of the consumer decision-making process when faced with retro brands.
Retro branding, consumer behavior, nostalgia, authenticity, brand equity, brand revival, marketing strategy, consumer motivation, purchase intention, identity, individualism, brand familiarity, perceived quality.
This study investigates consumer motivations behind the consumption of retro brands. It aims to understand the factors influencing purchase intentions and explores the opportunities and risks associated with retro branding for companies.
Key themes include consumer motivations for retro brand consumption, the role of nostalgia and authenticity in retro brand appeal, the influence of identity, individualism, and brand familiarity, opportunities and risks of retro branding for companies, and marketing implications of retro brand strategies.
The study is structured into seven chapters. Chapter 1 provides a general introduction, problem statement, and research objectives. Chapter 2 defines brands and brand revival, including retro branding. Chapter 3 analyzes the opportunities and risks of retro branding. Chapter 4 examines factors influencing the intention to buy retro brands, focusing on nostalgia, authenticity, identity, individualism, brand familiarity, and perceived quality. Chapter 5 details the research methodology. Chapter 6 discusses the results, analyzing propositions related to each influencing factor. Chapter 7 concludes the study with recommendations, suggestions for further research, and limitations.
The study identifies several key factors: nostalgia (communal, personal, and historical), authenticity, identity, individualism, brand familiarity, perceived quality, and the role of updating the brand. Each factor's influence is explored in detail and analyzed through specific propositions within the results chapter.
The study uses both primary and secondary data and employs a methodology clearly described in Chapter 5. The type of research approach (qualitative or quantitative) is detailed, along with data analysis methods and an assessment of research limitations.
Chapter 6 presents a detailed analysis of the results, examining the influence of each factor on consumer purchase intentions. The results are organized into propositions, offering a comprehensive understanding of how nostalgia, authenticity, and other factors contribute to consumer behavior regarding retro brands. The chapter also considers additional factors that may impact the decision-making process.
The concluding chapter (Chapter 7) summarizes the key findings and offers recommendations for product-related, promotion-related, price-related, and place-related decisions for companies engaging in retro branding. It also suggests areas for further research and acknowledges limitations of the study.
The limitations of the study are addressed in the concluding chapter. This section enhances the study’s credibility by acknowledging potential biases or constraints impacting the research's scope and conclusions.
Keywords include retro branding, consumer behavior, nostalgia, authenticity, brand equity, brand revival, marketing strategy, consumer motivation, purchase intention, identity, individualism, brand familiarity, and perceived quality.
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