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Article
Publication date: 13 November 2007

Contextual perceived value?: Investigating the role of contextual marketing for customer relationship management in a mobile commerce context

ThaeMin Lee and JongKun Jun

The purpose of this paper is to propose and validate the mobile commerce (MC) consumers' repurchase intention (RPI) model including technology acceptance model (TAM)…

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Abstract

Purpose

The purpose of this paper is to propose and validate the mobile commerce (MC) consumers' repurchase intention (RPI) model including technology acceptance model (TAM), customer satisfaction (CS), and contextual perceived value (CPV) of marketing offer as a new MC‐specific construct.

Design/methodology/approach

A survey instrument was used to gather data to test the relationships shown in the research model. χ2 difference test was conducted in order to examine the contribution of CPV of marketing offer in explaining MC consumers' RPI. The hypothesized relationships were tested using the structural equation modeling.

Findings

The results of this study reveal that integrating CPV with CS and TAM in a single model can better explain and predict MC consumers' RPI. CPV has a significant effect on RPI, CS and perceived usefulness.

Research limitations/implications

CPV activated by contextual marketing is the key factor for customer relationship management in MC context.

Originality/value

The primary contribution of this study is to integrate CPV of marketing offer with TAM and CS into a coherent and parsimonious model that jointly predicts RPI.

Details

Business Process Management Journal, vol. 13 no. 6
Type: Research Article
DOI: https://doi.org/10.1108/14637150710834569
ISSN: 1463-7154

Keywords

  • Customer satisfaction
  • Mobile communication systems
  • Relationship marketing

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Article
Publication date: 9 July 2018

Isolating the value-relevant part of advertising spending

Peter Guenther and Miriam Guenther

This paper aims to examine how much importance the financial market attaches to advertising spending’s short-term productivity vis-à-vis its investment component and the…

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Abstract

Purpose

This paper aims to examine how much importance the financial market attaches to advertising spending’s short-term productivity vis-à-vis its investment component and the impact of important contextual factors (investor mix and analyst coverage) on this trade-off.

Design/methodology/approach

A stochastic frontier estimation (SFE) approach is used to help disentangle advertising spending. Using a panel internal instruments model and 10,017 firm-year observations from publicly listed US companies over a 13-year period, this study relates aggregated advertising spending and disentangled advertising spending, together with important contextual factors, to Tobin’s q.

Findings

The results do not indicate an effect of aggregated advertising spending on Tobin’s q. However, after advertising spending is disentangled, results show the component with an efficient immediate revenue response to have a positive effect on Tobin’s q, whereas the effect of the remaining investment component is negative. Contextual factors moderate investors’ valuation of the components.

Research limitations/implications

Findings are limited to US publicly listed firms, and are based on secondary, non-experimental data. The results imply that investors reward firms only for short-term advertising productivity, casting doubt on investors’ understanding of the long-term value of marketing.

Practical implications

The results confirm managers’ belief that not all money spent on advertising creates shareholder value. Managers should use the outlined SFE to benchmark their firms’ short-term advertising productivity against that of industry peer firms.

Originality/value

This study advances a new perspective, suggesting that advertising spending can be decomposed into two distinct parts by considering how financial market investors evaluate advertising spending. Important contextual effects on this evaluation from firms’ investor mix and analyst coverage are also shown for the first time. The findings help in reconciling conflicting prior results, and shed new light on how the financial market evaluates marketing expenditures.

Details

European Journal of Marketing, vol. 52 no. 7/8
Type: Research Article
DOI: https://doi.org/10.1108/EJM-02-2017-0114
ISSN: 0309-0566

Keywords

  • Institutional investors
  • Shareholder value
  • Advertising spending
  • Analyst coverage

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Article
Publication date: 18 October 2011

Contextual marketing: A conceptualisation of the meaning and operation of a language for marketing in context

Jonathan H. Deacon and Jackie Harris

The purpose of this paper is to propose a conceptualisation of the components of contextual marketing (CM), in light of the outcome of the Charleston Summit, through the…

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Abstract

Purpose

The purpose of this paper is to propose a conceptualisation of the components of contextual marketing (CM), in light of the outcome of the Charleston Summit, through the development of the meaning and operation of language used in context – that is: the language and the associated meaning of words used in a highly socialised setting such as a small firm and articulated through conversation.

Design/methodology/approach

A conceptualisation of the components of CM are proposed based upon a critical review of pertinent literature and the development of extant conceptualisations for research at the marketing/entrepreneurship interface.

Findings

A model is produced that outlines a development of one of the four perspectives (as an outcome of the Charleston Summit) of research at the marketing/entrepreneurship interface and proposes that a third notion be considered in developing research studies that includes the wider aspects of sociology, psychology, anthropology and philosophy – in this case: sociolinguistics, in order that a better insight be gained of the meaning and operation of marketing at the “interface”.

Practical implications

A more detailed understanding of the components of CM will advance research meaning and gain practitioner credibility.

Originality/value

This paper develops a conceptual framework for future and further research at the interface by considering the need to introduce fundamental socially derived aspects to the scope of research – in this case the third notion of sociolinguistics – in order to gain a better insight to the phenomena of marketing in entrepreneurial small firms.

Details

Journal of Research in Marketing and Entrepreneurship, vol. 13 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/14715201111176435
ISSN: 1471-5201

Keywords

  • Entrepreneurship
  • Marketing
  • Small enterprises
  • Entrepreneurial marketing
  • Entrepreneurial phenomena
  • Methodological issues
  • Small firms
  • Sociolinguistics

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Article
Publication date: 1 March 2004

Marketing strategy, contextual factors and performance: An investigation of their relationship

Bishnu Sharma

This research investigates the degree of emphasis put by the Australian manufacturing industry on marketing strategy, along with other organisational strategies such as…

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Abstract

This research investigates the degree of emphasis put by the Australian manufacturing industry on marketing strategy, along with other organisational strategies such as research and development (R&D), human resources, technology, operations at the functional level. The study found that the emphasis on marketing strategy had a third place after operations and R&D strategy in the past few years. In terms of its effectiveness, marketing strategy has not been as effective as the operations strategy and the technology strategy. The research also investigates the relationship between marketing strategy and organisational performance. The results suggest that the increase in efforts for the development of new market segments/customers is found to be positively associated with the increase in sales growth in domestic and export markets. It is also found that market forecasting has a positive and significant relationship with the return on total assets while the development of new market segments/customers and market share analysis have a negative and significant relationship. The research extends further to investigate whether the emphasis on marketing strategy differs with contextual factors such as firm size, firm's generic strategy, type of market, firm's life cycle stage, etc. The findings suggest that relatively higher emphasis was placed on the marketing strategy by firms which are large, are involved in consumer goods industry, are involved in exports, have high domestic sales growth, and have adopted a differentiation strategy combined with a cost leadership strategy. In conducting this study, a mail survey was carried out to collect information from manufacturing firms across Australia, and 225 responses were received. This was followed by an on‐site interview of some of the senior managers of manufacturing firms in Adelaide, Melbourne and Sydney.

Details

Marketing Intelligence & Planning, vol. 22 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/02634500410525823
ISSN: 0263-4503

Keywords

  • Marketing strategy
  • Organizational performance
  • Australia
  • Manufacturing industries

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Article
Publication date: 1 August 2008

Contextual intelligence and flexibility: understanding today's marketing environment

Marc Logman

Many planning approaches on strategic flexibility often focus on a product and/or market perspective. The purpose of this paper is to argue that today's changes demand a …

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Abstract

Purpose

Many planning approaches on strategic flexibility often focus on a product and/or market perspective. The purpose of this paper is to argue that today's changes demand a “contextual” marketing intelligence and planning approach. There may be a bigger difference between one person's actions in two different situations than between the actions of two people in the same situation.

Design/methodology/approach

The paper's insights are based on a literature review and on insights from successful companies/brands (Google and Apple) dealing with today's changing business context.

Findings

Strategic flexibility is decomposing a customer context and then making adjacency moves from some sub‐contexts to a new broader context. It is about “zooming in” and “zooming out” to new directions.

Practical implications

Recently, it is about the choice between operating in tailor made contexts (creating niches as a company) or operating in a more holistic context, in which new contextual moves are partly or fully determined by customers themselves.

Originality/value

This paper gives another perspective on strategic flexibility.

Details

Marketing Intelligence & Planning, vol. 26 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/02634500810894343
ISSN: 0263-4503

Keywords

  • Corporate strategy
  • Flexible organizations
  • Response flexibility

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Article
Publication date: 1 July 1988

The Contingency Approach: Its Foundations and Relevance to Theory Building and Research in Marketing

Valarie A. Zeithaml, P. “Rajan” Varadarajan and Carl P. Zeithaml

The contingency approach and its relevance to theory building and research in marketing is described. The approach is delineated and its theoretical foundations traced…

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Abstract

The contingency approach and its relevance to theory building and research in marketing is described. The approach is delineated and its theoretical foundations traced. Several established contingency theories within the management discipline are outlined and the research they have stimulated on related topics in marketing are highlighted. An assessment of the current state of the contingency approach in marketing literature is then provided.

Details

European Journal of Marketing, vol. 22 no. 7
Type: Research Article
DOI: https://doi.org/10.1108/EUM0000000005291
ISSN: 0309-0566

Keywords

  • Contingency Planning
  • Marketing
  • Research
  • Theory

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Article
Publication date: 1 September 2005

Searching for the optimum product service distribution channel: Examining the actions of five industrial firms

Fredrik Nordin

To provide propositions regarding how product, market, and firm contextual factors influence the appropriate channel structure of product services and to examine…

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Abstract

Purpose

To provide propositions regarding how product, market, and firm contextual factors influence the appropriate channel structure of product services and to examine organizational actions resulting from maladjusted channel structures.

Design/methodology/approach

Building on previous research, six propositions are presented regarding how the choice of direct/indirect service processes is influenced by contextual factors. A seventh proposition is suggested regarding how maladjusted service channels put pressure on the industrial firm to change the service channel, or to compensate for the maladjustment by taking other measures. Five qualitative case studies conducted at American and European companies from different industries are used to test the seventh proposition.

Findings

Provides empirical support for the seventh proposition and illustrates alternatives for how compensation for maladjustments may be carried out.

Research limitations/implications

Further research is needed into the mechanisms that can compensate for deviations from the appropriate service distribution channel suggested by the propositions put forth in this paper. Statistical generalization of the propositions on the other hand could be achieved through a wide survey.

Practical implications

The propositions could function as a managerial tool for identifying inappropriate channel structures, and thus also for identifying the need for change.

Originality/value

Refines and extends previous theory on the interrelationship between contextual factors and service distribution channels.

Details

International Journal of Physical Distribution & Logistics Management, vol. 35 no. 8
Type: Research Article
DOI: https://doi.org/10.1108/09600030510623348
ISSN: 0960-0035

Keywords

  • Distribution channels and markets
  • Product management
  • Service delivery systems

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Article
Publication date: 1 April 2000

Competitive inter‐firm interactions: determinants of divergence versus convergence

C. Carl Pegels and Yong Il Song

This paper is a study of competitive and cooperative interactions among members of a competitive industry group. There are few strategic, tactical or market moves that do…

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Abstract

This paper is a study of competitive and cooperative interactions among members of a competitive industry group. There are few strategic, tactical or market moves that do not affect competition in any industry. Competitive and cooperative interactions among competitive firms are studied to determine how the reactions of competitors to an initiator of an action cause convergent or divergent patterns. It is hypothesized that the patterns, or cycles, of competitive and cooperative interactions are a function of complexity of the interaction cycle, degree of offensiveness of participants’ moves, action reversibility, previous interaction experience, interaction cycle visibility and response time. An empirical test of the hypothesis revealed that the two most strongly supported hypotheses were: interaction cycle complexity increases the likelihood of interaction cycle convergence, and interaction cycle visibility increases the likelihood of interaction cycle divergence.

Details

Management Decision, vol. 38 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/EUM0000000005347
ISSN: 0025-1747

Keywords

  • Interaction
  • Competition
  • Industry
  • Convergence

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Article
Publication date: 15 October 2018

Factors affecting the market development of steel construction

Albert P.C. Chan, Yang Yang and Ran Gao

The steel construction market has undergone gradual development in the past decades given its profound impacts on environment, economy and society. The purpose of this…

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Abstract

Purpose

The steel construction market has undergone gradual development in the past decades given its profound impacts on environment, economy and society. The purpose of this paper is to facilitate a better understanding of the major drivers and issues behind the market development of the steel construction industries around the world.

Design/methodology/approach

A three-step desktop research was conducted to select relevant research outputs published in the past 20 years. The research methodology in conducting these studies and their research trends were analyzed. Then the potential influencing factors for the market development of steel construction were identified through a content analysis of the selected studies.

Findings

A total of 59 articles were identified accordingly. These influencing factors were divided into five main themes: contextual, institutional, industrial, project-related and individual factors. In terms of the frequencies of these factors appeared in previous studies, “continuous development of standards, codes, and specifications” and “advance in product and process technology” were the top two driving forces in the market development of steel construction, while “cost issues” was the most frequently reported obstacle.

Originality/value

The study takes an initiative to establish a practical classification framework that can be dedicated to illuminating the critical issues or success factors affecting the development of the steel construction market. This framework can help policymakers, industry practitioners and researchers achieve sustaining success in steel construction in the developed, emerging and inactive markets.

Details

Engineering, Construction and Architectural Management, vol. 25 no. 9
Type: Research Article
DOI: https://doi.org/10.1108/ECAM-06-2017-0095
ISSN: 0969-9988

Keywords

  • Construction
  • Methodology
  • International practice

Content available
Article
Publication date: 31 August 2010

Summary of the 2010 Research Symposium on Marketing and Entrepreneurship

David J. Hansen

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Details

Journal of Research in Marketing and Entrepreneurship, vol. 12 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/jrme.2010.48412baa.002
ISSN: 1471-5201

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