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Course of studies
How value is perceived has a large influence on the purchase decisions of customers. Previous studies have focused mainly on the value perception of customers, but which role does the value perception of a seller play and what impact does it have on a sales conversation? Is the value of a product or service perceived equally by the seller and the customer or is there a significant difference?
In this research we will specifically focus on the tourism industry and find out how sellers and customers perceive the value of a package holiday. A total of 50 sellers and 100 customers participated in our survey and the results show, that there is a significant difference in the perceived value of the offered package holiday between sellers and customers. The sellers tend to perceive value lower than the customers and in addition, the sellers’ value perception is characterized by a lower variability. Furthermore, when it comes to estimating how the other side perceives value, our results show the opposite of what the respondents expected.
This research has the potential to provide an insight into the mind of the sales person and lead to a better understanding of sales psychology.
Trade shows are a major marketing tool for B2B companies due to its effectiveness by reaching all key players in the industry at one place in one point of time. However, this is combined with a high cost factor making a cost justification crucial. For this purpose, an objective explanation on the results of the trade show performance is compulsively necessary. The following research focuses on a single multinational B2B company within the safety, security and communication industry. It aims to convey an understanding of how to evaluate the trade show participation of Bosch Building Technology. Hereby, theoretical deliverables will be compared to explain relevant success factors of the B2B market and the industry while identifying trade show dimensions. This research includes expert interviews to gather information from professionals in the field of trade show organization. Subsequently to an internal survey research, the example of a best practice measurement model is analysed in a case study.
The relationship between health care practitioners and the pharmaceutical industry is increasingly drawing public attention due to misguided behaviour. Practices like gift giving, holding luxurious conferences or allowences for research are under scrutiny. With all these influences, how can practicioners stay neutral and have the interest of patients in mind? And what is the level of emotions and data used by the pharma industry when marketing drugs to a physician? In order to find out, we targeted pharmaceutical industry managers and directors to participate in an eleven question online questionnaire. For example, participants were asked to rate the best approach between data and emotions to persuade physicians. The results show tendencies in the data, but fail to show significant evidence for our hypotheses. Further research is needed in order to clarify which factors influence the decision for an emotional or data driven approach.
Search engines such as Google are an important information platform for international society. By actively applying Search Engine Optimization (SEO), website operators can influence their positioning in search engines and thus increase the visibility of their website. This thesis deals with search engine optimization in the context of digital marketing. The result of this work is the structural development of a search engine optimization strategy for international websites. This strategy is not limited to specific markets or industries, but its validity is tested by applying it to the practice-oriented case study of the Spanish website of sevDesk.
First of all, an overview of the search engine as a digital channel First of all, an overview is given and its functionality and significance for digital marketing is explained. The needs of search engine users are identified by analyzing the characteristics of search queries and search intentions and then classified according to the AIDA formula into different phases of the modelled purchasing process.
In addition to the analysis of the search engine users, a closer look is taken at the specific ranking algorithm of the search engine Google, a second important component of search engine optimization. Various studies are compared in order to work out influencing factors of the ranking algorithm. These are explained in more detail in the context of the disciplines of search engine optimization. The next step is a closer look at the international context and technical and cultural peculiarities of the optimization of international websites.
In the following, strategic process flows from the existing technical literature are considered and extended to the international market under appreciation and critical consideration of the literature search. The developed strategy will be implemented using the case study of a Spanish website. The data will be collected and first results will be presented and evaluated.
This paper explores the different techniques used by search engine optimizers to increase a website ́s ranking, thus visibility. The author focuses on modern methods from the areas of On-Page and Off-Page SEO. Findings, gathered through a literature review, conclude that SEO has become a more complex process, as search engines algorithm have advanced; transforming from a pure technical optimization to a more user-oriented optimization. Furthermore, the paper identifies several areas that a webmaster can use to collect data to monitor a website ́s performance. In addition, insights into what the data can have for a meaning, are given. The paper finales with a brief overview of various ways to monetize a website.
The present bachelor dissertation deals with the increasing popularity and attractiveness of fitness studios in the German market, the resulting competition and the possibility to differentiate oneself by adapting various marketing measures. The classical marketing mix and its existing instruments are explained in detail, and the possibility to use them in the area of sport and explicit fitness is reviewed. The effectiveness and application of the instruments are then explained using the example of McFIT, which has become the current market leader through their successful use. A competition analysis comparing McFIT and two competitors in the German market helps to identify existing strengths and weaknesses and compare the companies.
Global warming provokes our climate and the world how we know it today to change severely. The production of food together with its consumption is responsible for 19-29% of world’s greenhouse gas emissions caused by human activities and further rises are
expected. As a response to this phenomenon, the assessment of a product’s carbon footprint has awaken huge interest with the purpose of controlling food’s environmental impact during its life-cycle. In order to involve individuals in the target of reducing harmful emissions, besides governmental and business efforts, CO2 labels have been developed to communicate a product’s carbon footprint and enabling consumers to make more climate-friendly purchase decisions. However, it has been shown that a successful
implementation of CO2 labels on grocery products still confronts barriers from the consumer side.
For a better understanding of the meaning of mentioned labels, this thesis deepens the theoretical backgrounds of greenhouse gas emissions and the carbon footprint related to the food industry. In a second step, the acceptance and effectiveness of carbon labels on
groceries will be analysed critically by using contextual literature reviews and a case study on German purchase behaviour.
Die Bedeutung preispsychologischer Effekte bei Events - Aktueller Forschungsstand und Perspektiven
(2019)
Die Preispsychologie trägt maßgeblich zur Erklärung des menschlichen Kaufverhaltens bei. Zahlreiche empirische Studien zur Wirkungsweise preispsychologischer Effekte zeigen, dass eine gezielte Beeinflussung der Preiswahrnehmung des Kunden möglich ist. Demzufolge liegt es nahe, dass diese auch bei Events Möglichkeiten zur Steigerung der Zahlungsbereitschaft und Verbesserung der Gewinne bieten können. Die Eventbranche kennzeichnet sich durch eine zunehmende Professionalisierung und Diversifizierung, daher nimmt auch der Preis sowohl aus Nachfrage- wie auch Anbietersicht eine zunehmend wichtige Rolle ein. Mittels einer Befragung von zwölf Eventmanagern untersuchen wir empirisch, welche Überlegungen zur Preisgestaltung von Events einfließen und inwieweit preispsychologische Effekte in der Bepreisung berücksichtigt werden. Die Ergebnisse bestätigen eine Lücke zwischen der theoretischen Kenntnis der Effekte einerseits und der praktischen Anwendung anderseits. Daraus ergeben sich konkrete Ansatzpunkte für eine verstärkt am Kundennutzen orientiere Preisgestaltung sämtlicher Einnahmequellen von Events.
Online commerce is growing rapidly. With the wide accessibility of the internet, e-commerce is becoming the most important ways or medium for doing business globally. The growth of e-commerce business provides companies a great opportunity to invest online so as to position their brand.
This thesis observes the elements of online brand positioning. Furthermore, it analyses whether these elements can be applied to an online business. For this Zalando the online fashion retailer, will be taken as an example. It starts with a literature review on e-commerce definition, important factors for e-commerce business, advantages of e-commerce business, brand positioning, importance of brand positioning and online brand positioning elements. The chosen brand positioning elements are then applied to analyse the online brand positioning of Zalando. Furthermore, it observes the influence of brand positioning elements on their competitive advantages.
The brand positioning elements are benefits and feature, price and value statements, competitive advantages, information on product and services, processes, partnering and relationship, leadership claims and corporate power, corporate social responsibility and credibility. All these brand positioning elements are addressed by Zalando and these elements have played an important role for the positioning of Zalando`s brand.
In the economy, it is always important to respond adequately to the wants of customers in order to satisfy their needs. The fashion industry in particular is strongly affected by the fast pace of life, which is why it is particularly important for companies in this sector to adapt their brands and their products to the current market. In order to work successoriented, the companies have to align themselves with the existing generations, whereby the companies increasingly adapt their products to the generation Y. However, Generation Y will soon be outnumbered by Generation Z. Therefore, the aim of this work is to find a suitable future-oriented marketing strategy for the fashion industry in Germany that successfully targets Generation Z while taking social milieus into consideration for defining the target audience. The first part of the thesis comprises the presentation of different theories to elucidate Generation Z and to present various approaches to milieu research. In order to answer the research question, an empirical research was conducted with Generation Z as the target audience. The study relies on quantitative data collection via primary research. The analysis of the collected data shows the current perception of Generation Z towards fashion companies, their brands and the use of social media channels. As a result, an improved social media strategy combined with appropriate communication between companies and customers is needed to reach Generation Z more widely, create brand loyalty and strengthen the company's position in the market.