Consumers can both be victims and accomplices in the case of product counterfeiting. When consumers buy a counterfeit product unknowingly, they become victims of counterfeiting. It has also come to light that consumers purchase them willingly because of the price cheaper than that of the original product. In such a case they are encouraging the trade of counterfeit products. The Anti-Counterfeiting Group campaigning against the trade in fakes conducted a study of consumer attitudes towards counterfeits and interviewed 929 consumers in this regard in UK. The report published in the year 2004 brought up interesting facts. The interviews revealed that 33% of the respondents would purchase a counterfeit knowingly if the product is of right quality …show more content…
The intrinsic determinants include consumer demographics, their attitudes towards counterfeiting, cultural values as well as their ethical perspective. The extrinsic determinants of consumer complicity include the product attributes, the shopping experience as well as social marketing communications. This model of consumer complicity was first developed by Chaudhury and Stumpf in 2008. The consumer demographics like their age, income, education, level of disposable income etc are important determinants of their willingness to buy counterfeits. It is generally found that young consumers with relatively low levels of income are most willing to buy counterfeits that are available at cheaper prices. Another important factor is cultural values of the consumers. Cultural beliefs also shape the consumers’ attitude towards counterfeits. Apart from that it is the consumers’ attitude towards morality and lawfulness or their ethics that decide how willing they would be to buy counterfeits. The extrinsic factors like price, product image, shopping location as well as the effectiveness (Chaudhry & Zimmerman, 2009) of the antipiracy ads are also important determinants of consumer complicity. Effective antipiracy ads can curb the attitude to support counterfeit products. A research conducted by TrianDewi and Tjiptono in 2013 in Indonesia identified that past purchases and personal characteristics were significant predictors of consumer intention to buy counterfeits. They identified that consumer affordability was a major issue that needed to be solved in order to discourage counterfeiting. (Triandewi&Tjiptono,
The article about MagnaSoles released by The Onion was a mock press release. It mocked how products are being marketed to the public. A satirizing tone is used along with unique diction and anecdotes to convey their message. The devices that are used show the reader in a humorous way how marketers make false and absurd claims.
UNSAFE PRODUCTS Even though corporations do not wish to cause harm to consumers, they have in fact all too often done so when the drive to maximize profit or survive in the marketplace has taken priority over concern for consumer safety. An massive range of consumer products including many foods, drugs and medical devices, vehicles, domestic products, and cosmetics have been acknowledged as dangerous to various degrees. Around 70,000 Americans are suspected to die yearly from product-related accidents, and millions more suffer incapacitating injuries at a cost of over $100 billion in property damage, lost wages insurance, litigation, and medical expenses. Even though certain products are intrinsically dangerous, much evidence suggests that corporations, in their almost single-minded pursuit of profit, have been negligent- sometimes criminally- in their disregard for consumer safety.
A person bought payed more to get a product with a brand name. Even though it was more expensive, it was worth it. “Is It Worth It”, by Scholastic Scope, examines the controversy of whether it is worth to pay more for brand names. Designer brands are worth purchasing because it makes a person feel where he or she belongs. First of all, wearing brand name labels makes a person feel like he or she belongs.
In the essay, “Terror’s Purse Strings” written by Dana Thomas and published in New York Times. Thomas begins talking about expensive fashion bags produced around the world. She elaborates how easy it is to mimic fashion and sell it for a cheaper price. Thomas implies how purchasing a fake product leads to child labor, a getaway to terrorism, and how they are run by crime syndicates. She suggests a solution for this issue and how people should stop buying fakes to take counterfeiters out of business.
INTRODUCTION In this assignment, I will discuss the ethical issues in marketing to children from a utilitarianism perspective. Marketing to children can be defined as the “act of marketing or advertising products or services to children”. There have been controversies surrounding the issue of marketing to children with regard to whether it is ethical or unethical. Utilitarianism on the other hand is defined as the ethical theory which finds the basis of moral distinctions in the utility of actions (their fitness to produce happiness).
Within this critical literature review, the article which will be under analysis is “low- income families and coping through brands: Inclusion or stigma?” which was written by Kathy Hamilton in 2012. The article concentrates on the coping strategies used by single parents and low-income families to avoid stigmatisation and threats upon their social identities. Therefore, to avoid stigmatisation these low-income families may take part in conspicuous consumption where families may spend a lot of money on luxury goods to make themselves look better, which can give them a sense of economic power and acceptance within society. However, due to the rise of ‘chav’ culture surrounding single mothers, it can be much harder to move away from stigmatisation,
The first strategy used in the article is giving false credibility to the product. The article is mocking how consumers are easily convinced by impressive people and unchecked facts. The average person will believe anything he is told, as long as is comes from someone who appears credible. Throughout the article two pseudo scientist's discoveries are cited.
Essay The “competitiveness secret” Why the companies change the packaging to sell the same product? Why similar products, but with different brands are perceived as different? If the consumer perceives a product as different from the others, the company that sells this product, has a competitive advantage from the other companies. And if a company sells a particular product, it will increase its profits.
The author’s tone is pretentious. He sounds this way by listing all the the times Coca-Cola used the slogan, “It’s the Real Thing.”. This informs Seaver that Coca-Cola used the slogan in the past, and
The variety and assortment of products in today’s world is growing heavily making consumer decisions harder and harder. Thus, the need of in-store visual merchandising be-comes relevant as never before. The more choices consumers are faced with, the more time they tend to spend while making purchasing decision, and visual merchandising may help to facilitate those choices. This reflection paper is aimed at drawing understanding on how visual merchandising influence consumer behaviour and how it stimulates the purchase de-cision.
Therefore, Consumerism has variety of meanings, it can be defend as protecting consumer interests, advertising, sales promotion decency, and the quality of the products. Also, it can be defended as consumer rights protection. Consumerism affects poverty because it causes some to consume more than they need, forces limits on choice, and influences
Introduction In order to generate sales, marketers often promote aggressively and uniquely. Unfortunately, not all marketing advertisements are done ethically. Companies around the globe spend billions of dollars to promote new products or services and advertising is one of the key tools to communicate with consumers. However, some methods that marketers use to produce advertisements and to generate sales is deceptive and unethical.
ALDI supermarkets, a well-known retailer in business, focused on retaining and gaining customer’s loyalty on those who were already familiar with the ALDI brand. ALDI’s main objective is getting its message across which is offering the best quality products at the lowest price possible. One of ALDI’s marketing strategies is the ‘Like brands’ by which ALDI created high quality products similar to those products of a well-known brand and competitors, but with a lower price. ALDI created blind tastes of these ‘like brands’ where people can taste ALDI’s brands and the national brand to see if they can make a
2.2 Industry Analysis - Porter’s 5 Forces Analysis Threat of Substitutes Bicycles and services from unknown manufacturers can provide huge substitution threats. Just as alarming for bicycle manufacturers is the internet: it is developing as an excellent medium for cheap marketing services. The price that consumer are willing to pay for a product is depends the quantity and the availability of substitute products. When a close substitute for a product is exist, industry profitability is suppressed because consumer will pick out if the price are high. Example consumer will compare the price of other bicycles with this bicycle in terms of quality and appearance, a customer can easily get another bicycle which is less difference but in more cheaper
Literature review Advertising has become a form of communication and a great source for promoting services and products for any business in the whole market because of its broader impact. The main idea of an advertisement is to get the attention of the consumers, build up the product’s strong image in their mind and provide information to help the consumer to make a purchase decision. So, the central focus in today’s diverse global marketplace is the consumer. Companies exert a lot of effort to find out the best ingredients that should be in an effective advertising and identifying its influence on the consumer’s mind, so effective advertising should be considered as one of the most important tools that strongly affect and can change the consumer’s buying behavior. The research attempts to investigate the impact of effective advertising on the consumer’s buying behavior.