Examining older consumers' loyalty towards older brands in grocery retailing
| Autor: | Bill Page, Giang Trinh, Nicole Hartnett, Rachel Kennedy, Peilin Phua |
|---|---|
| Přispěvatelé: | Phua, Peilin, Kennedy, Rachel, Trinh, Giang, Page, Bill, Hartnett, Nicole |
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Marketing
brand choice media_common.quotation_subject 05 social sciences technology industry and agriculture Age cohorts Advertising Brand choice Brand loyalty Grocery retailing 0502 economics and business Loyalty 050211 marketing Business 050203 business & management health care economics and organizations older consumers media_common brand loyalty |
| Popis: | This paper compares the buying behaviours of older and younger consumers of older and newer brands in grocery retailing. We analysed 88,000 purchases of 60 brands from six categories. Behavioural loyalty measures for different consumer age cohorts were calculated and compared relative to each brand's launch date. Results showed older consumers do not buy older brands more often than newer brands. Older consumers also do not principally buy older brands. Therefore, brands of all ages compete for consumers of all ages. Findings indicate that for newer brands, older consumers should not be ignored as a market for growing the brand. For older brands, despite the default advantage of long-term exposure of older consumers, such advantage will fade if these brands fail to maintain a competitive presence in the market, as older consumers trial and become loyal to newer brands Refereed/Peer-reviewed |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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