Fachbuch, 2020
77 Seiten
1 Introduction
1.1 Background
1.2 Research Aim and Objective
1.3 Structure of the Study
2 Literature Review
2.1 Theoretical Framework of Brands
2.2 The Age of Digitalisation
2.3 Instruments of Digital Brand Management
2.4 The Evolution of Consumer Behaviour in the Age of Digitalisation
2.5 Chapter Conclusion
3 Research Methodology
3.1 Research Process
3.2 Research Philosophy
3.3 Strategy and Choice
3.4 Data Collection
3.5 Sampling Approach
3.6 Reliability and Validity
3.7 Data Analysis
3.8 Ethics
3.9 Chapter Conclusion
4 Research Findings and Discussion
4.1 Decision-Making Process
4.2 Significance of Digital Marketing Tools
4.3 Consumers' Online Expectations
4.4 Chapter Conclusion
5 Conclusion
5.1 Final Remarks and Managerial Implications
5.2 Limitations
5.3 Suggestions for further Research
This research aims to investigate how digitalization has changed consumer behavior and affected traditional brand management practices among Millennials in Germany. The study specifically seeks to understand shifts in the decision-making process and identify strategies to enhance customer loyalty in a digital environment.
2.4.1.2 Influences of the Decision-Making Process in the Age of Digitalisation
The increasing use of digital devices in Germany is ubiquitous as evidenced by Zeit Online (2018). The positive and negative impacts of changing consumer behaviour, due to digitalisation, are addressed in most articles (e.g. Labrecque et al., 2013; Lohdi and Shoaib, 2017). Due to the expansion of the Internet, the development of social media and mobile technologies, the availability of information increased intensely (Labrecque et al., 2013). Nowadays, it is much easier for consumers to gather information in regards to their planned purchases and to evaluate their purchase intension in much more detail (Kannan and Li, 2017; Shi et al., 2013). However, Gao et al. (2012) argue that the information overload could also be counterproductive, as consumers often face challenges to assess which sources to choose and if they are trustworthy. Consequently, it can be said that the increasing amount of information on various channels and sources influences the buying behaviour and makes the buying decision of many consumers more difficult and complex.
In addition to the variety of information that customers can receive, buying behaviour is often characterised by a multiple channel change, the so-called 'channel hopping' (Mueller-Lankenau et al., 2006). Customers switch sequentially between the different shopping and communication channels or even use them in parallel (Heinemann and Gaiser, 2015). This development is particularly reinforced by the widespread use of mobile devices such as smartphones or tablets (Statistisches Bundesamt, 2018). Customers expect the integration of all channels used to create a unified, unique experience wherever they are, regardless of their device. Generally, customers do not think in different channels but perceive the provider as a single brand across channels (Heinemann and Gaiser, 2015). In order to be successful as a provider, the customer touchpoints must be known, making the actual brand management more complex (Verhoef and Lemon, 2016). The change in consumer behaviour illustrates the need to identify customer needs along the customer journey. Thus, only a comprehensive understanding of the customer journey can create a holistic concept on all communication and sales channels.
1 Introduction: Provides background on digital development in the German market and sets the research aims regarding consumer behavior and brand management.
2 Literature Review: Examines branding, digital instruments, and models of consumer decision-making and loyalty within the context of digitalization.
3 Research Methodology: Details the qualitative research approach, specifically the use of semi-structured interviews and thematic analysis for data collection.
4 Research Findings and Discussion: Analyzes the empirical results concerning decision-making, digital marketing effectiveness, and consumer expectations.
5 Conclusion: Summarizes the key findings, outlines managerial implications, addresses study limitations, and suggests future research directions.
Brand Management, Consumer Behaviour, Digitalization, Digital Marketing Tools, Decision-Making Process, Customer Loyalty, Millennials, Germany, Omni-Channel Marketing, Consumer Journey, E-Mail Marketing, Social Media, Brand Communities, Transparency, Personalization
The research focuses on the online consumer behavior of Millennials in Germany, specifically examining how the digital age has influenced their decision-making process and expectations regarding brand engagement.
The core themes include digital branding strategies, the evolution of customer decision journeys, the effectiveness of various digital marketing tools, and factors that drive customer loyalty.
The goal is to understand the impact of digitalization on traditional brand management and to determine how companies can adapt to changing consumer behaviors to foster long-term loyalty.
The study utilizes a qualitative research methodology based on an interpretivist philosophy, involving semi-structured personal interviews with 15 participants to gain in-depth insights.
The main body covers the theoretical framework of brands, the shift in digital marketing instruments (e.g., social media, e-mail, SEO), and empirical findings from primary interviews regarding purchase behavior.
Key terms include Millennial behavior, omni-channel strategy, digital marketing tools, customer loyalty, brand communities, and the consumer decision journey.
Unlike traditional linear models, the circular model accounts for the complex, interconnected nature of online search, constant feedback loops, and ongoing brand interaction, rather than a single point of purchase.
Increased market transparency and a wide variety of information sources make consumers less loyal and more likely to compare competing brands, shifting focus toward interactivity and personalized experiences.
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