SlideShare a Scribd company logo
1 of 16
Consumer Behaviour
influencing dimensions of Opinion Leadership
and its preferred usage as a marketing tool over traditional
advertisements & promotions in rural markets
Debanjan Saha, Ph.D.
Agenda
Introduction
Why the Topic
Concepts/Theories/Philosophies
Contemporary Development/Research
Analysis/Own Thoughts
Suggestions
Conclusion
Appendix
Introduction
Budget Exercise
Current Practices in Media Plan
Traditional ATL & Innovative BTL
ROMI Customer Acquisition/Retention
Why the Topic
 Rural Markets : Growth Prospects
 Cost-effective marketing communications
 Enhanced conversion from prospects
 Better Customer Engagement
 Improved Customer Retention
 Realize higher Customer Life Time Value
 Growth in Volume & Value
Concepts/Theories
 Consumer Buying Behaviour – influencers
 Culture
 Society
 Personal
 Psychological
 Consumer Buying Behaviour – stages
Need/
Problem
Recognition
Info Search
Evaluation of
Alternatives
Purchase
Decision
Post Purchase
Evaluation
Concepts/Theories contd.
 Dimensions of Opinion Leadership
 Tremendous Passion
 Vast updated Knowledge
 High Innovativeness / risk appetite
 Desire to share information
 Good Social Interaction / influence
 Personality – Distinctiveness, Individuality, Confidence
 Enjoys trust and respect of society
 Advice and Guidance are willingly accepted by others
Contemporary Research
Topic Author
Opinion Leadership
King & Summers, 1970
Myres & Robertson, 1972
Childers, 1986
Chan & Misra, 1990
Market Maven
Flyn, Goldsmith & Eastman 1996
Clark & Goldsmith, 2005
Consumer Innovativeness
Goldsmith & Hofacker, 1991
Goldsmith & d’Hauteville, 1998
Analysis/Own Thoughts
Traits of Rural Consumers :
• High distrust on communication by business organisations
• High levels of skepticism of new offerings
• Higher conservatism and lower consumer innovativeness
• Perception of lack of adequate information of products
• Limited access to internet and specialized magazines
• Seeking value for money options over novelty purchases
• Higher levels of socializing and shared problem solving
• Culture of moderation and a propensity to save
Suggestions
Activation of Opinion Leadership
1. Activate Info access in vernacular languages
2. Targeted Advertisements
3. Identify Opinion Leaders (OLs)
4. Information Sharing mechanism with OLs
5. Engage with OLs: Hands-on field trials/demos
6. Facilitate mass Diffusion of innovations by OLs
7. Regular Feedback & feed-forward - OLs
Conclusion
 Cost-effective marketing communications
 Higher ROMI compared to traditional
advertisements and promotions.
 Higher customer conversions at lower costs
 Better engagement & loyalty
Appendix
Appendix
Appendix - Bibliography
Armstrong, Gary M, and Feldman, Laurence P., “Exposure and Sources of
Opinion Leaders”, Journal of Advertising Research, Vol. 16, No. 4, Aug 1976,
pp. 21-27
Blackwell, R.D., et.al., Consumer behavior.9th ed. Orlando, Harcourt College
Publishers, 2001
Chan, K.K. and Misra, S., “Characteristics of the Opinion Leader: A New
Dimension”, Journal of Advertising, Vol.19, No. 3, 1990, pp.53-60
Childers, T. L., “Assessment of the psychometric properties of an opinion
leadership scale”, Journal of Marketing Research, Vol. 23, 1986, pp. 184–188.
Clark, R. A., & Goldsmith, R. E., “Market mavens: Psychological influences”,
Psychology & Marketing, Vol. 22, 2005, pp. 289–312.
Corey, Lawrence G., “People Who Claim to be Opinion Leaders: Identifying
Their Characteristics by Self-Report”, Journal of Marketing, Vol. 35, Oct 1971,
pp. 48-53.
Appendix - Bibliography
Feick, L and L.L. Price, “The market maven: A diffuser of market place
information”, Journal of Marketing, Vol. 51 (1), 1987, pp. 83-97
Flynn, L.R., Goldsmith, R.E., & Eastman, J.K., “Opinion leaders and opinion
seekers: Two new measurement scales”, Journal of the Academy of
Marketing Science, Vol. 24, 1996, pp. 137–147.
Goldsmith, R.E., & d’Hauteville, F., “Theory and measurement of consumer
innovativeness”, European Journal of Marketing, Vol. 32, 1998, pp. 340–353.
Goldsmith, R. E., & Hofacker, C. F., “Measuring consumer innovativeness”,
Journal of the Academy of Marketing Science, Vol. 19, 1991, pp. 209–221.
Grewal, R., R. Mehta, and F. R. Kardes. “The role of the social identity
function of attitudes in consumer innovativeness and opinion leadership”,
Journal of Economic Psychology, Vol. 21 (3), 2000, pp. 233–52.
King, C. W., and J. O. Summers, “Overlap of opinion leadership across
consumer product categories”, Journal of Marketing Research, Vol. 7 (1), Feb
1970, pp. 43–50.
Appendix - Bibliography
Mancuso, J.R., “Why Not Create Opinion Leaders for New Product
Introductions?”, Journal of Marketing, Vol. 33, July 1969, pp. 20-25
Merwe, R.van der and G van Heerden, “Finding and utilizing opinion leaders:
Social networks and the power of relationships”, South African Journal of
Business Management Vol. 40(3), 2009, pp. 65-76
Myers, James H, and Thomas S Robertson, “Dimensions of Opinion
Leadership”, Journal of Marketing Research, Vol. 9, Feb 1972, pp. 41-46.
Rogers, Everett, Diffusion of Innovations, New York, The Free Press, 1962.
Schiffnam, L.G. and Kanuk, L.L., Consumer Behavior, 6th Ed, New Delhi,
Prentice-Hall of India Pvt. Ltd., 1998
Venkatraman, M. P., “Opinion leaders, adopters, and communication
adopters: A role analysis”, Psychology & Marketing, Vol. 6, 1989, pp. 51–68.
Consumer behaviour influencing dimensions of opinion leadership

More Related Content

What's hot

Consumer’s buying behaviour on mobile
Consumer’s buying behaviour on mobileConsumer’s buying behaviour on mobile
Consumer’s buying behaviour on mobileDEaddude AYoos
 
Consumer behaviour towards mobile phones
Consumer behaviour towards mobile phonesConsumer behaviour towards mobile phones
Consumer behaviour towards mobile phonessanket394
 
Consumer Involvement Theory
Consumer Involvement TheoryConsumer Involvement Theory
Consumer Involvement TheoryStefan Andrei
 
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri Lanka
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri LankaConsumer Bahaviour of Purchasing mobile phones in ampara district, Sri Lanka
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri LankaDavid Croos
 
Chapter 9 Communication And Consumer Behavior
Chapter 9 Communication And Consumer BehaviorChapter 9 Communication And Consumer Behavior
Chapter 9 Communication And Consumer BehaviorAvinash Kumar
 
Consumer behaviour research
Consumer behaviour researchConsumer behaviour research
Consumer behaviour researchPrerna Gaur
 
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERS
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERSTHE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERS
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERSRadhikaPatel78
 
Consumer behaviour towards a smartphone purchasing decision in The United Ara...
Consumer behaviour towards a smartphone purchasing decision in The United Ara...Consumer behaviour towards a smartphone purchasing decision in The United Ara...
Consumer behaviour towards a smartphone purchasing decision in The United Ara...Mubashir Hassan
 
Self-Identity and Brand Choice: A Brand Relationship Perspective
Self-Identity and Brand Choice: A Brand Relationship PerspectiveSelf-Identity and Brand Choice: A Brand Relationship Perspective
Self-Identity and Brand Choice: A Brand Relationship PerspectiveCBR Conference
 
focus2008
focus2008focus2008
focus2008verlegh
 
Colgate DTC branding strategy
Colgate DTC branding strategyColgate DTC branding strategy
Colgate DTC branding strategyAshwath Krishnan
 
Presentation on Consumer Buying Behavior for a Smart Phone: A study on young...
Presentation on Consumer Buying Behavior for a Smart Phone:  A study on young...Presentation on Consumer Buying Behavior for a Smart Phone:  A study on young...
Presentation on Consumer Buying Behavior for a Smart Phone: A study on young...Sushanka Malakar
 
Audience Research
Audience ResearchAudience Research
Audience Researchhblyth
 
Determinants of buying decision on personal gadgets among
Determinants of buying decision on personal gadgets amongDeterminants of buying decision on personal gadgets among
Determinants of buying decision on personal gadgets amongAjay Pokhrel
 
Opinion writing: Brand Image
Opinion writing: Brand ImageOpinion writing: Brand Image
Opinion writing: Brand ImageAjay Pokhrel
 
Mr course module 04
Mr course module 04Mr course module 04
Mr course module 04MROC Japan
 
Communication and its influence on consumer behavior...final ppt
Communication and its influence on consumer behavior...final pptCommunication and its influence on consumer behavior...final ppt
Communication and its influence on consumer behavior...final pptDinesh Bargotra
 

What's hot (20)

Chapter 15 evaluation and integrated marketing program
Chapter 15  evaluation and integrated marketing programChapter 15  evaluation and integrated marketing program
Chapter 15 evaluation and integrated marketing program
 
Consumer’s buying behaviour on mobile
Consumer’s buying behaviour on mobileConsumer’s buying behaviour on mobile
Consumer’s buying behaviour on mobile
 
Consumer behaviour towards mobile phones
Consumer behaviour towards mobile phonesConsumer behaviour towards mobile phones
Consumer behaviour towards mobile phones
 
Consumer Involvement Theory
Consumer Involvement TheoryConsumer Involvement Theory
Consumer Involvement Theory
 
Consumer imagery
Consumer imageryConsumer imagery
Consumer imagery
 
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri Lanka
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri LankaConsumer Bahaviour of Purchasing mobile phones in ampara district, Sri Lanka
Consumer Bahaviour of Purchasing mobile phones in ampara district, Sri Lanka
 
Chapter 9 Communication And Consumer Behavior
Chapter 9 Communication And Consumer BehaviorChapter 9 Communication And Consumer Behavior
Chapter 9 Communication And Consumer Behavior
 
Consumer behaviour research
Consumer behaviour researchConsumer behaviour research
Consumer behaviour research
 
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERS
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERSTHE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERS
THE INFLUENCE OF SOCIAL NETWORK ON ONLINE PURCHASING BEHAVIOUR OF CONSUMERS
 
Consumer behaviour towards a smartphone purchasing decision in The United Ara...
Consumer behaviour towards a smartphone purchasing decision in The United Ara...Consumer behaviour towards a smartphone purchasing decision in The United Ara...
Consumer behaviour towards a smartphone purchasing decision in The United Ara...
 
Self-Identity and Brand Choice: A Brand Relationship Perspective
Self-Identity and Brand Choice: A Brand Relationship PerspectiveSelf-Identity and Brand Choice: A Brand Relationship Perspective
Self-Identity and Brand Choice: A Brand Relationship Perspective
 
focus2008
focus2008focus2008
focus2008
 
Colgate DTC branding strategy
Colgate DTC branding strategyColgate DTC branding strategy
Colgate DTC branding strategy
 
Presentation on Consumer Buying Behavior for a Smart Phone: A study on young...
Presentation on Consumer Buying Behavior for a Smart Phone:  A study on young...Presentation on Consumer Buying Behavior for a Smart Phone:  A study on young...
Presentation on Consumer Buying Behavior for a Smart Phone: A study on young...
 
Audience Research
Audience ResearchAudience Research
Audience Research
 
Determinants of buying decision on personal gadgets among
Determinants of buying decision on personal gadgets amongDeterminants of buying decision on personal gadgets among
Determinants of buying decision on personal gadgets among
 
Opinion writing: Brand Image
Opinion writing: Brand ImageOpinion writing: Brand Image
Opinion writing: Brand Image
 
Adserch final paper
Adserch final paperAdserch final paper
Adserch final paper
 
Mr course module 04
Mr course module 04Mr course module 04
Mr course module 04
 
Communication and its influence on consumer behavior...final ppt
Communication and its influence on consumer behavior...final pptCommunication and its influence on consumer behavior...final ppt
Communication and its influence on consumer behavior...final ppt
 

Viewers also liked

Introduction to Consumer Behaviour
Introduction to Consumer BehaviourIntroduction to Consumer Behaviour
Introduction to Consumer BehaviourMoses Gomes
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer BehaviourArjun Ramesh
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior modelsYohitha Desai
 
Chap 3,perspective on consumer behaviour
Chap 3,perspective on consumer behaviourChap 3,perspective on consumer behaviour
Chap 3,perspective on consumer behaviourRajesh Kumar
 
Global Trends in Grains
Global Trends in GrainsGlobal Trends in Grains
Global Trends in GrainsMarexmedia
 
Punit Oza - Dry Freight Markets
Punit Oza - Dry Freight MarketsPunit Oza - Dry Freight Markets
Punit Oza - Dry Freight MarketsMarexmedia
 
Module 1 - Consumer Behaviour
Module 1 - Consumer BehaviourModule 1 - Consumer Behaviour
Module 1 - Consumer Behaviourshubhadaraop
 
Need By Dr Subin Mohan
Need By Dr Subin MohanNeed By Dr Subin Mohan
Need By Dr Subin MohanKVASU
 
Consumer attitude
Consumer attitudeConsumer attitude
Consumer attitudeAjay Samyal
 
Unusual ck sharma cases in shipping - for shipping seminar 2017
Unusual ck sharma cases in shipping - for shipping seminar 2017Unusual ck sharma cases in shipping - for shipping seminar 2017
Unusual ck sharma cases in shipping - for shipping seminar 2017Marexmedia
 
Amruth ganapathy difficulties with major bulk cargoes
Amruth ganapathy difficulties with major bulk cargoesAmruth ganapathy difficulties with major bulk cargoes
Amruth ganapathy difficulties with major bulk cargoesMarexmedia
 
Ship p k mitra operating - survival tech - by pk mitra
Ship p k mitra operating - survival tech - by pk mitraShip p k mitra operating - survival tech - by pk mitra
Ship p k mitra operating - survival tech - by pk mitraMarexmedia
 
Debanjan Saha synopsis of research proposal
Debanjan Saha synopsis of research proposalDebanjan Saha synopsis of research proposal
Debanjan Saha synopsis of research proposalDebanjan Saha, Ph.D.
 
Chapter 10: Data Mining
Chapter 10: Data MiningChapter 10: Data Mining
Chapter 10: Data Miningitsvineeth209
 
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenarios
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B ScenariosChapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenarios
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenariositsvineeth209
 
Chapter 7: Using Databases
Chapter 7: Using DatabasesChapter 7: Using Databases
Chapter 7: Using Databasesitsvineeth209
 
Crm presentation final version
Crm presentation final versionCrm presentation final version
Crm presentation final versionPaul Puggioni
 

Viewers also liked (20)

Introduction to Consumer Behaviour
Introduction to Consumer BehaviourIntroduction to Consumer Behaviour
Introduction to Consumer Behaviour
 
Consumer Behaviour
Consumer BehaviourConsumer Behaviour
Consumer Behaviour
 
Consumer behavior models
Consumer behavior modelsConsumer behavior models
Consumer behavior models
 
Chap 3,perspective on consumer behaviour
Chap 3,perspective on consumer behaviourChap 3,perspective on consumer behaviour
Chap 3,perspective on consumer behaviour
 
Global Trends in Grains
Global Trends in GrainsGlobal Trends in Grains
Global Trends in Grains
 
Punit Oza - Dry Freight Markets
Punit Oza - Dry Freight MarketsPunit Oza - Dry Freight Markets
Punit Oza - Dry Freight Markets
 
Module 1 - Consumer Behaviour
Module 1 - Consumer BehaviourModule 1 - Consumer Behaviour
Module 1 - Consumer Behaviour
 
Oxford shipping
Oxford shippingOxford shipping
Oxford shipping
 
Need By Dr Subin Mohan
Need By Dr Subin MohanNeed By Dr Subin Mohan
Need By Dr Subin Mohan
 
Consumer attitude
Consumer attitudeConsumer attitude
Consumer attitude
 
Unusual ck sharma cases in shipping - for shipping seminar 2017
Unusual ck sharma cases in shipping - for shipping seminar 2017Unusual ck sharma cases in shipping - for shipping seminar 2017
Unusual ck sharma cases in shipping - for shipping seminar 2017
 
Amruth ganapathy difficulties with major bulk cargoes
Amruth ganapathy difficulties with major bulk cargoesAmruth ganapathy difficulties with major bulk cargoes
Amruth ganapathy difficulties with major bulk cargoes
 
Maritime - Practitioners
Maritime - PractitionersMaritime - Practitioners
Maritime - Practitioners
 
Ship p k mitra operating - survival tech - by pk mitra
Ship p k mitra operating - survival tech - by pk mitraShip p k mitra operating - survival tech - by pk mitra
Ship p k mitra operating - survival tech - by pk mitra
 
Debanjan Saha synopsis of research proposal
Debanjan Saha synopsis of research proposalDebanjan Saha synopsis of research proposal
Debanjan Saha synopsis of research proposal
 
Crm
CrmCrm
Crm
 
Chapter 10: Data Mining
Chapter 10: Data MiningChapter 10: Data Mining
Chapter 10: Data Mining
 
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenarios
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B ScenariosChapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenarios
Chapter 12: Applications of Database Marketing in B-to-C and B-to-B Scenarios
 
Chapter 7: Using Databases
Chapter 7: Using DatabasesChapter 7: Using Databases
Chapter 7: Using Databases
 
Crm presentation final version
Crm presentation final versionCrm presentation final version
Crm presentation final version
 

Similar to Consumer behaviour influencing dimensions of opinion leadership

Presentation Marketing
Presentation MarketingPresentation Marketing
Presentation Marketingguest04e4c97
 
Exploring the Determinants of Creativity in TVC Ads
Exploring the Determinants of Creativity in TVC AdsExploring the Determinants of Creativity in TVC Ads
Exploring the Determinants of Creativity in TVC AdsTahoor Qureshi
 
The basics of Influence marketing
The basics of Influence marketingThe basics of Influence marketing
The basics of Influence marketingKarla Ferrer
 
Advertising and sales promotion
Advertising and sales promotion Advertising and sales promotion
Advertising and sales promotion Arunagiri N
 
Managing Innovation with Innovative Research
Managing Innovation with Innovative ResearchManaging Innovation with Innovative Research
Managing Innovation with Innovative ResearchSkuuber, LLC
 
Marketing Chapter 01
Marketing Chapter 01Marketing Chapter 01
Marketing Chapter 01WanBK Leo
 
Marketing concepts
Marketing conceptsMarketing concepts
Marketing conceptsSwati Sood
 
Chapter 3 4 (Re)Thinking Marketing2
Chapter 3 4 (Re)Thinking Marketing2Chapter 3 4 (Re)Thinking Marketing2
Chapter 3 4 (Re)Thinking Marketing2weit_mak
 
Group8--AdvertisingAppeals
Group8--AdvertisingAppealsGroup8--AdvertisingAppeals
Group8--AdvertisingAppealsJaffer Jafri
 
Understanding Marketing Processes and Consumer Behavior
Understanding  Marketing Processes and Consumer BehaviorUnderstanding  Marketing Processes and Consumer Behavior
Understanding Marketing Processes and Consumer BehaviorMuhammad Khan
 
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...University of Duhok
 
An Approach to Our Advertising Approach
An Approach to Our Advertising Approach An Approach to Our Advertising Approach
An Approach to Our Advertising Approach Nien Liu
 
The future of consumer insights
The future of consumer insightsThe future of consumer insights
The future of consumer insightsJoel Rubinson
 
A study on customer satisfaction towards smartphone with special reference to...
A study on customer satisfaction towards smartphone with special reference to...A study on customer satisfaction towards smartphone with special reference to...
A study on customer satisfaction towards smartphone with special reference to...RajaKrishnan M
 
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...Sustentare Escola de Negócios
 
Contents lists available at ScienceDirectJournal of Busine.docx
Contents lists available at ScienceDirectJournal of Busine.docxContents lists available at ScienceDirectJournal of Busine.docx
Contents lists available at ScienceDirectJournal of Busine.docxdickonsondorris
 

Similar to Consumer behaviour influencing dimensions of opinion leadership (20)

Presentation Marketing
Presentation MarketingPresentation Marketing
Presentation Marketing
 
Exploring the Determinants of Creativity in TVC Ads
Exploring the Determinants of Creativity in TVC AdsExploring the Determinants of Creativity in TVC Ads
Exploring the Determinants of Creativity in TVC Ads
 
The basics of Influence marketing
The basics of Influence marketingThe basics of Influence marketing
The basics of Influence marketing
 
Marketing Myopia
Marketing MyopiaMarketing Myopia
Marketing Myopia
 
Advertising and sales promotion
Advertising and sales promotion Advertising and sales promotion
Advertising and sales promotion
 
Managing Innovation with Innovative Research
Managing Innovation with Innovative ResearchManaging Innovation with Innovative Research
Managing Innovation with Innovative Research
 
569-870-1-PB
569-870-1-PB569-870-1-PB
569-870-1-PB
 
Marketing Chapter 01
Marketing Chapter 01Marketing Chapter 01
Marketing Chapter 01
 
Marketing concepts
Marketing conceptsMarketing concepts
Marketing concepts
 
Chapter 3 4 (Re)Thinking Marketing2
Chapter 3 4 (Re)Thinking Marketing2Chapter 3 4 (Re)Thinking Marketing2
Chapter 3 4 (Re)Thinking Marketing2
 
Group8--AdvertisingAppeals
Group8--AdvertisingAppealsGroup8--AdvertisingAppeals
Group8--AdvertisingAppeals
 
Understanding Marketing Processes and Consumer Behavior
Understanding  Marketing Processes and Consumer BehaviorUnderstanding  Marketing Processes and Consumer Behavior
Understanding Marketing Processes and Consumer Behavior
 
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...
An Analysis Study of Improving Brand Awareness and Its Impact on Consumer Beh...
 
An Approach to Our Advertising Approach
An Approach to Our Advertising Approach An Approach to Our Advertising Approach
An Approach to Our Advertising Approach
 
The future of consumer insights
The future of consumer insightsThe future of consumer insights
The future of consumer insights
 
A study on customer satisfaction towards smartphone with special reference to...
A study on customer satisfaction towards smartphone with special reference to...A study on customer satisfaction towards smartphone with special reference to...
A study on customer satisfaction towards smartphone with special reference to...
 
Consumer Behavior Models
Consumer Behavior ModelsConsumer Behavior Models
Consumer Behavior Models
 
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...
Seminario Internacional - Inovação e Marketing - Prof. Gilles Roehrich (UPMF)...
 
Contents lists available at ScienceDirectJournal of Busine.docx
Contents lists available at ScienceDirectJournal of Busine.docxContents lists available at ScienceDirectJournal of Busine.docx
Contents lists available at ScienceDirectJournal of Busine.docx
 
2011 LSE Lecture
2011 LSE Lecture2011 LSE Lecture
2011 LSE Lecture
 

Recently uploaded

Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfmarcuslary231
 
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...CIO Business World
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx216310017
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...Hugues Rey
 
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024CIO Business World
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDemandbase
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDemandbase
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?Juan Pineda
 
TAM AdEx 2023 Cross Media Advertising Recap - Auto Sector
TAM AdEx 2023 Cross Media Advertising Recap - Auto SectorTAM AdEx 2023 Cross Media Advertising Recap - Auto Sector
TAM AdEx 2023 Cross Media Advertising Recap - Auto SectorSocial Samosa
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligenceHinde Lamrani
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
Fueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfFueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfVWO
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一s SS
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies bruguardarib
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfCIO Business World
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfmayanksharma0441
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentationdgtivemarketingagenc
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxarsathsahil
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)DEVARAJV16
 

Recently uploaded (20)

Exploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdfExploring The World Of Adult Ad Networks.pdf
Exploring The World Of Adult Ad Networks.pdf
 
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
Most Impressive Construction Leaders in Tech, Making Waves in the Industry, 2...
 
Red bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxxRed bull marketing presentation pptxxxxx
Red bull marketing presentation pptxxxxx
 
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
(Generative) AI & Marketing: - Out of the Hype - Empowering the Marketing M...
 
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024
The 10 Most Inspirational Leaders LEADING THE WAY TO SUCCESS, 2024
 
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdfDGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
DGR_Digital Advertising Strategies for a Cookieless World_Presentation.pdf
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdfDigital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
Digital Marketing Spotlight: Lifecycle Advertising Strategies.pdf
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?
 
TAM AdEx 2023 Cross Media Advertising Recap - Auto Sector
TAM AdEx 2023 Cross Media Advertising Recap - Auto SectorTAM AdEx 2023 Cross Media Advertising Recap - Auto Sector
TAM AdEx 2023 Cross Media Advertising Recap - Auto Sector
 
The power of SEO-driven market intelligence
The power of SEO-driven market intelligenceThe power of SEO-driven market intelligence
The power of SEO-driven market intelligence
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
Fueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdfFueling A_B experiments with behavioral insights (1).pdf
Fueling A_B experiments with behavioral insights (1).pdf
 
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
定制(ULV毕业证书)拉文大学毕业证成绩单原版一比一
 
The Impact of Digital Technologies
The Impact of Digital Technologies The Impact of Digital Technologies
The Impact of Digital Technologies
 
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdfMost Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
Most Influential HR Leaders Leading the Corporate World, 2024 (Final file).pdf
 
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdfDIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
DIGITAL MARKETING STRATEGY_INFOGRAPHIC IMAGE.pdf
 
Influencer Marketing Power point presentation
Influencer Marketing  Power point presentationInfluencer Marketing  Power point presentation
Influencer Marketing Power point presentation
 
pptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptxpptx.marketing strategy of tanishq. pptx
pptx.marketing strategy of tanishq. pptx
 
McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)McDonald's: A Journey Through Time (PPT)
McDonald's: A Journey Through Time (PPT)
 

Consumer behaviour influencing dimensions of opinion leadership

  • 1. Consumer Behaviour influencing dimensions of Opinion Leadership and its preferred usage as a marketing tool over traditional advertisements & promotions in rural markets Debanjan Saha, Ph.D.
  • 2. Agenda Introduction Why the Topic Concepts/Theories/Philosophies Contemporary Development/Research Analysis/Own Thoughts Suggestions Conclusion Appendix
  • 3. Introduction Budget Exercise Current Practices in Media Plan Traditional ATL & Innovative BTL ROMI Customer Acquisition/Retention
  • 4. Why the Topic  Rural Markets : Growth Prospects  Cost-effective marketing communications  Enhanced conversion from prospects  Better Customer Engagement  Improved Customer Retention  Realize higher Customer Life Time Value  Growth in Volume & Value
  • 5. Concepts/Theories  Consumer Buying Behaviour – influencers  Culture  Society  Personal  Psychological  Consumer Buying Behaviour – stages Need/ Problem Recognition Info Search Evaluation of Alternatives Purchase Decision Post Purchase Evaluation
  • 6. Concepts/Theories contd.  Dimensions of Opinion Leadership  Tremendous Passion  Vast updated Knowledge  High Innovativeness / risk appetite  Desire to share information  Good Social Interaction / influence  Personality – Distinctiveness, Individuality, Confidence  Enjoys trust and respect of society  Advice and Guidance are willingly accepted by others
  • 7. Contemporary Research Topic Author Opinion Leadership King & Summers, 1970 Myres & Robertson, 1972 Childers, 1986 Chan & Misra, 1990 Market Maven Flyn, Goldsmith & Eastman 1996 Clark & Goldsmith, 2005 Consumer Innovativeness Goldsmith & Hofacker, 1991 Goldsmith & d’Hauteville, 1998
  • 8. Analysis/Own Thoughts Traits of Rural Consumers : • High distrust on communication by business organisations • High levels of skepticism of new offerings • Higher conservatism and lower consumer innovativeness • Perception of lack of adequate information of products • Limited access to internet and specialized magazines • Seeking value for money options over novelty purchases • Higher levels of socializing and shared problem solving • Culture of moderation and a propensity to save
  • 9. Suggestions Activation of Opinion Leadership 1. Activate Info access in vernacular languages 2. Targeted Advertisements 3. Identify Opinion Leaders (OLs) 4. Information Sharing mechanism with OLs 5. Engage with OLs: Hands-on field trials/demos 6. Facilitate mass Diffusion of innovations by OLs 7. Regular Feedback & feed-forward - OLs
  • 10. Conclusion  Cost-effective marketing communications  Higher ROMI compared to traditional advertisements and promotions.  Higher customer conversions at lower costs  Better engagement & loyalty
  • 13. Appendix - Bibliography Armstrong, Gary M, and Feldman, Laurence P., “Exposure and Sources of Opinion Leaders”, Journal of Advertising Research, Vol. 16, No. 4, Aug 1976, pp. 21-27 Blackwell, R.D., et.al., Consumer behavior.9th ed. Orlando, Harcourt College Publishers, 2001 Chan, K.K. and Misra, S., “Characteristics of the Opinion Leader: A New Dimension”, Journal of Advertising, Vol.19, No. 3, 1990, pp.53-60 Childers, T. L., “Assessment of the psychometric properties of an opinion leadership scale”, Journal of Marketing Research, Vol. 23, 1986, pp. 184–188. Clark, R. A., & Goldsmith, R. E., “Market mavens: Psychological influences”, Psychology & Marketing, Vol. 22, 2005, pp. 289–312. Corey, Lawrence G., “People Who Claim to be Opinion Leaders: Identifying Their Characteristics by Self-Report”, Journal of Marketing, Vol. 35, Oct 1971, pp. 48-53.
  • 14. Appendix - Bibliography Feick, L and L.L. Price, “The market maven: A diffuser of market place information”, Journal of Marketing, Vol. 51 (1), 1987, pp. 83-97 Flynn, L.R., Goldsmith, R.E., & Eastman, J.K., “Opinion leaders and opinion seekers: Two new measurement scales”, Journal of the Academy of Marketing Science, Vol. 24, 1996, pp. 137–147. Goldsmith, R.E., & d’Hauteville, F., “Theory and measurement of consumer innovativeness”, European Journal of Marketing, Vol. 32, 1998, pp. 340–353. Goldsmith, R. E., & Hofacker, C. F., “Measuring consumer innovativeness”, Journal of the Academy of Marketing Science, Vol. 19, 1991, pp. 209–221. Grewal, R., R. Mehta, and F. R. Kardes. “The role of the social identity function of attitudes in consumer innovativeness and opinion leadership”, Journal of Economic Psychology, Vol. 21 (3), 2000, pp. 233–52. King, C. W., and J. O. Summers, “Overlap of opinion leadership across consumer product categories”, Journal of Marketing Research, Vol. 7 (1), Feb 1970, pp. 43–50.
  • 15. Appendix - Bibliography Mancuso, J.R., “Why Not Create Opinion Leaders for New Product Introductions?”, Journal of Marketing, Vol. 33, July 1969, pp. 20-25 Merwe, R.van der and G van Heerden, “Finding and utilizing opinion leaders: Social networks and the power of relationships”, South African Journal of Business Management Vol. 40(3), 2009, pp. 65-76 Myers, James H, and Thomas S Robertson, “Dimensions of Opinion Leadership”, Journal of Marketing Research, Vol. 9, Feb 1972, pp. 41-46. Rogers, Everett, Diffusion of Innovations, New York, The Free Press, 1962. Schiffnam, L.G. and Kanuk, L.L., Consumer Behavior, 6th Ed, New Delhi, Prentice-Hall of India Pvt. Ltd., 1998 Venkatraman, M. P., “Opinion leaders, adopters, and communication adopters: A role analysis”, Psychology & Marketing, Vol. 6, 1989, pp. 51–68.