Please use this identifier to cite or link to this item:
http://hdl.handle.net/20.500.11861/4987
Title: | A qualitative research on brand sensitivity: Traditional Chinese medicine health products |
Authors: | Dr. CHENG Lee Chuen |
Issue Date: | 2014 |
Source: | GSTF Journal on Business Review, 2014, vol. 3(4), pp. 75-80. |
Journal: | GSTF Journal on Business Review |
Abstract: | Brand sensitivity is the extent to which consumers actively consider brand information when making buying decisions [1], [2]. When consumers buy products of a certain category, they differentiate between brands. Different brands offer different values to consumers and thus brand differentiation affects consumers buying behavior. This study has two objectives. Theoretically, this study enhances the understanding of brand sensitivity and it attempts to identify antecedents of brand sensitivity and its influence on consumer buying behavior. Practically, business organizations dealing in traditional Chinese medicines (TCM) can have an in-depth understanding of their consumers so that they can develop more effective brand strategies to increase their competitive advantages. Based on the review of extant literature and the result of the qualitative research, this study indicates that TCM consumers have multi-levels of needs and wants. If matched with the benefits of branded products offered by marketers, consumers have a high sensitivity towards certain brands and they develop brand preferences. Thus it affects consumers buying decisions. |
Type: | Peer Reviewed Journal Article |
URI: | http://hdl.handle.net/20.500.11861/4987 |
ISSN: | 2010-4804 |
Appears in Collections: | Business Administration - Publication |
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