Search results
1 – 10 of 65Vicki R. Lane and Fernando Fastoso
Previous research warns against low-fit extensions as prone to causing negative spillover and, through it, harming the parent brand equity. Using the theory of schema-triggered…
Abstract
Purpose
Previous research warns against low-fit extensions as prone to causing negative spillover and, through it, harming the parent brand equity. Using the theory of schema-triggered affect and the link formation hypothesis, the purpose of this paper is to develop and tests predictions as to how negative spillover from low-fit extensions can be actively managed through repeated ad exposure.
Design/methodology/approach
A controlled experiment assesses the response of US consumers to the Dutch Heineken brand, a top 100 global brand, following sequential and repeated exposure to print ads depicting extensions for either Heineken wheat beer (i.e. a high-fit extension) or Heineken pretzels (i.e. a low-fit extension). Analytical methods include multiple regression, ANOVA, and t-tests.
Findings
The findings show that repeated ad exposure has a positive moderating effect on the magnitude of spillover from extension to brand. Second, the findings also show that repeated ad exposure changes the valence of spillover from low-fit extension to brand from negative to positive. In combination, the findings suggest that low-fit brand extensions can, when carefully managed, be a viable strategic option for market growth that is especially relevant for global brands.
Research limitations/implications
This research shows that repeated ad exposure can change the valence of spillover from low-fit extensions to the parent brand from negative to positive. Future research should extend the work by considering other brands and alternative tools that managers can use to make low-fit extensions a viable strategic choice.
Practical implications
This study finds, in contrast to previous research, that managers should indeed consider low-fit brand extensions as a viable strategic option for brand growth. This is possible because the findings show that repeated ad exposure can be used to control potential negative spillover from a low-fit extension to parent brand. This conclusion is particularly relevant for global brands, i.e. brands for which the opportunity costs of limiting global expansion and the financial investment necessary to establish a new brand with global appeal are substantial.
Originality/value
This paper differs from other spillover studies by manipulating repeated ad exposure, a mechanism which the authors theoretically link to spillover and which managers can also directly influence. In doing so, this paper offers a theoretical explanation and an empirical test of how negative spillover from low-fit extensions can be managed.
Details
Keywords
Michael A. Merz, Dana L. Alden, Wayne D. Hoyer and Kalpesh Kaushik Desai
When selecting library management software it is very important to develop a thorough acquaintance with what is available and to know what questions to ask. But, no matter how…
Abstract
When selecting library management software it is very important to develop a thorough acquaintance with what is available and to know what questions to ask. But, no matter how much you finally know about the range of library management software available in today's market, you cannot properly apply that knowledge towards making a cost‐effective purchase until you have a clear idea of the proportions of your library's automation project. Correctly matching a software system to the functions to be automated requires careful analysis of the information necessary to perform each function and the flow of information between them. Developing a function profile form (see page 42) is an easy method of gathering and organizing this information. The three‐part form allows librarians to clearly identify who needs the information, when and how often the information is accessed on the computer, the kinds of formats used, and the specific data required to perform a given task.
Libraries generate voluminous quantities of paperwork producing overdue notices, bibliographies, letters, memorandums, reports, budgets and contracts as well as brochures and…
Abstract
Libraries generate voluminous quantities of paperwork producing overdue notices, bibliographies, letters, memorandums, reports, budgets and contracts as well as brochures and newsletters. At the same time the cost of communicating via paper has risen exponentially. As an example, in the 1930's, it cost $.50 to produce a basic business letter using a typewriter. By the early 1980s that figure had risen to over $6. In 1986 it cost more than $8 to produce the same letter. Charges for outside text composition and printing have experienced similar increases.
Barry Down describes curriculum design in much the same way when he claims that in the years following World War Two Australian civics education was planned under ‘perpetual…
Abstract
Barry Down describes curriculum design in much the same way when he claims that in the years following World War Two Australian civics education was planned under ‘perpetual tension and conflict between the imperatives of capitalism and democracy’. The suggestion seems to be that an ideal democratic education is possible, if short‐term political and economic considerations had not prevented this. I argue that this suggestion is naive. The democratic idea is not static ‘short term prudential requirements of the moment’, whether concerned with war, imperialism, fear of communism, industrial development, or otherwise, create the conditions by which democratic society is defined. This definition is embedded in civics education with the hope that children might perfect that society in adulthood. But visions of the ideal society do not only concern civics education, lessons on right behaviour. Rather, the very world children are educated to see depends on the politics and economics at the time that curriculum is designed. The content of lessons, the way the lessons are taught, and the underlying assumptions about what the world is like ‐ all are constituted by politics. Therefore, to understand civics education it is important to delve deeper and locate the epistemological basis of social studies education in the political context of its time. What children are taught about the social world as a whole should be considered before civics education can make any sense. To make this argument I look at the two curricula used at Victorian primary schools in the mid twentieth century, put in place in 1934 and 1952
Details
Keywords
As more and more library management software appears on the market, selecting the best computer programs to automate library functions has become increasingly difficult. Each type…
Abstract
As more and more library management software appears on the market, selecting the best computer programs to automate library functions has become increasingly difficult. Each type of program has its own advantages and disadvantages; some have a broad range of applications, but may be too complex or difficult for routine use. Others are designed to perform specific tasks, but cannot be readily modified to meet the needs of an individual department. Warranties, training requirements, and backup policies differ considerably, depending on which program you choose and which company manufactures it. Since library automation can be an expensive prospect, it is well worth the time and energy to develop a thorough acquaintance with what's available—and to know what questions to ask. Your final software decision will determine the productivity, efficiency, and cost‐effectiveness of your library automation project.
Eun Sun Hwang, Vicky L. Seiler and Michael J. Seiler
Purpose – This study examines whether or not holding a greater percentage of real assets significantly impacts the risk and risk‐adjusted return of U.S. based multinational…
Abstract
Purpose – This study examines whether or not holding a greater percentage of real assets significantly impacts the risk and risk‐adjusted return of U.S. based multinational companies. Design/methodology/approach – A series of rolling Two Stage Least Squares (2SLS) regression models are used to analyse the relationships among corporate real assets, systematic risk (beta), and risk‐adjusted return. Findings – The results of this study show that U.S. based multinational companies do have lower betas. However, U.S. based multinational companies’ cross border real asset holdings do not affect diversification and do not provide significantly higher risk‐adjusted returns to stockholders. Originality/value – This study builds upon the prior work of Seiler, Chatrath and Webb to consider multinational firms. This had never been done previously.
Details