Foreign Literature Essay

Y discoverh merchandise is a term used in the trade and advertising indus turn out to describe activities to communicate with preteen plenty, typically in the maturate range of 12 to 34. More specifically, there is the tween trade, tar hold uping lot in the 8 to 12 year- superstar- era(a) range, teen merchandising, tar generateing people age 13 to 19, college trade, tar buy offing college-age consumers, typically ages 18 to 23, electric s codrly adult merchandising, targeting juvenile professionals, typically ages 22 and to a higher come The offspring market is critical be wee of the demographics get big business earthly concern and its members limit on the spending of family members. In addition, teens and early adults a lot set trends that atomic number 18 adopted by a nonher(prenominal) demographic groups.The young someone market is viewed as a difficult group to connect with and trade in to, based on the fragmented media landscape and young peoples keen ability to identify and reject trade messages that lack credibility. Nonetheless, numerous stigmatise name names market to young by offering relevant results and run mend communicating a brand message in an appropriate vocalise and tone.Successful brands marketing to younker provoke a entrapation in or association with key interests and drivers among c forgoness euphony, sports, fashion, video gaming and technology, among otherwises. break dance frowned upon for preteens and younger teens, another common mien advertisers target the older younker market is through product placement. reaping placement occurs when a brand name product appears in a medium not inevitably related to the product itself. Companies often pay for their products to be placed in a movie or on a television show. This act, speckle not an overt form of advertising, seeks to target juvenilityfulnessfulness in a subtle manner. Youth marketing strategies comm s elevator carcely include tele vision advertising, clip advertising and online marketing.Today young people expect to be commensurate to learn about, interact and be entertained with brands or services targeting them online. other common offspring marketing tactics include entertainment marketing, music marketing, sports marketing, in timet marketing, viral marketing, school and college programs, product sampling and enamourr marketing. Examples of brands emb moved by youth and used as post models in marketing wooings atomic number 18 Vans Footwear, it used youth marketing tactics to grow from a niche sneaker brand to a successful international business and Mountain Dew, a nearly- cognise soft drink brand that expanded market sh argon through youth marketing tactics in the 1990s.Consumer fashion and attitude towards youth marketingThis section possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original rese arch whitethorn be removed. (February 2012) Since the 1980s, the marketing indus essay has seen an increase in research as salubrious as an increase in spending. The marketing industrys compute in 1992 was $6 billion and by 2003 this figure had risen to an estimatedby whom? $15 billion in marketing efforts.According to Tim Kasser of Knox College, there is little that is cognize about youth marketing belief. He states that since the late 1990s there have only been two large-scale touch sensation postdates conducted. The first of these surveys was sponsored by Center for a New Ameri eject Dream, which consisted of 400 random parents nationwide. The flash was sponsored by power ex change over and took its survey participants from people who make a living off of youth marketing. The purpose of this survey was to assess a participants attitude towards a variety of youth marketing issues. Respondents to the survey were gather uped a range of questions regarding the morals of yout h marketing.The public opinion on youth marketing ethics according to this survey was mostly negative. An overwhelming 78% of respondents agreed that the current practices used in youth marketing were harmful to children, whereas 3.7% taked that the current practices were fine the path they were, while the remain 85.1% didnt believe that youth marketing had any ethics. The results of this survey regurgitate light on youth marketings pros and cons. plainly this survey has shown that respondents clearly view the current tactics being used as potentially harmful and in need of structure.citation needed By the end of this survey, Tim Kasser conclude that a large portion of respondents to his survey felt that youth marketing morals were unacceptable and that they contributed to a range of youth-oriented problems.Also he found that marketing that took place in public schools was unacceptable and that governmental regulations should be put in place to pr regular(a)t marketing groups from advertising to eight-year-olds. make up though this is further the tip of the iceberg,according to whom? talks on youth marketing have been on press release there have been few changes to policy or law in regards to marketing to youth. The results of the survey done by Tim Kasser aim that people are ready to change public policy and effectual initiatives in regards to these issues.2 Youth trendsOn the other end of the youth marketing spectrum, youwho? could say that the traditional definition of youth doesnt really exist. This given was based upon consumer carriage in a speculate done by Viacom Brand Solutions International called the Golden shape up of Youth. This case study was designed to focus on adults from 18 to 34 years old who primarily delayed their adult responsibilities in favor of staying younger in all aspects of life. According to this study, 16- to 19-year-olds are considered to be going through the baring period. As people grow older they usually phas e out of the disco truly period and into the experimentation period, when they hit the age range of 20 to 24 years old. Usually thosethat dont fit into the groups above are part of the golden category, which consists of anyone 24 to 34. Some of the key results that were produced from this case study were that 2434-year-olds usually dont respond to the alike(p) marketing techniques as teens and those that think so are being fooled, whereas in reality only 8% in the study were actually secured teenagers. It similarly showed that the golden youth were the happiest out of all the categories and take upn towards expensive brands compared to teens.Based on the categories provided by Viacom and the results of the case study, it goes to show that over 52% of adults from 25 to 34 still have a lot of outgrowth up to do. Youth trends are part of an environment pertaining to teaching that wewho? bonk as youth marketing and is rapidly evolving and is interconnected with the evolution of infection systems and content quality.citation needed It is lite to give very little weight to these late trends that are evolving in this information environment, but these changes should not be taken lightlyaccording to whom? because it allow affect how youth communicate and absorb this information. These changes whoremonger advantageously be shown through non-homogeneous media such as smart phones or hearty networking sites like Facebook, allowing youth marketing to occur on a sensory aim.Morals and education of marketers Youth marketing is under change magnitude scrutiny by galore(postnominal) public-oriented establishments such as government agencies, academia, and the media.citation needed The change magnitude inquiry into the marketing industry has occurred because of the increased commercialism towards kids and marketing in schools. These are just a few of the ideas that have be gain much saturated in mainstream society.citation needed Recentlywhen? in youth ma rketing there has been much information and misinformation on this topic despite the issue of youth marketing. In regards to the public opinion of youth marketing, one side that has not been equal is that of the youth marketing industry.This point of view is crucialaccording to whom? to understanding the basics to qualification ex acting progress on issues related to youth marketing. John C. Geraci, who wrote the obligate What do youth marketers think of selling to kids?, gives an insight as to the expectation of those working in this industry by conducting an online polling. This polling consisted of 878 interviews distributively around 30 minutes. The interview covered topics such as educational background to ethics in youth marketing. According to the polling, those that work in youth-oriented careers are 92% more belike to have a four-year degree and less likely to have donnish skills specifically for dealing with children. Most of these people as well feel that the eth icalstandards are on par with other industries. But at the same time they feel that ethics can be a matter of intentions and not results. Usually companies provide invest time in producing ad campaigns and products to make sure they are suitable for a youth-oriented market, which means that these ideas can easily be turned over because they are deemed not suitable.In addition, they usually spend large sums of money on market research to ensure products have more or less educational tax for youth and are acceptable to those acquire the products.citation needed Most ethical procedures in the youth marketing industry occur behind office walls and are usually not seen by the public, media, or politicians, which means that problems that arise with youth marketing dont originate from the people creating the ads but are the result of triune causes. For deterrent example, childhood obesity has not been caused by one ad or product brought out by a marketing company.But it is a health concern that has developed due to multiple factors, that influence how the public reacts to authorized ads and products brought out by these companies. Youth consumer wayThe Internet has ushered in a impertinent digital media elaboration that allows polar forms of media to get together. What once used to be multiple separate devices such as a telephone, television, or computer are now able to converge as one form of technology. Smart phones are the perfect exampleaccording to whom? of this hybridization technology that the untried digital media culture has ushered in. As early adopters of new technologies, the youth in many ways are the defining users of the digital media that are embracing this new culture.The burgeoning digital marketplace has spawned a new generation of market research companies which are introducing an entire lexicon of marketing concepts (e.g., viral marketing, discovery marketing) to describe some of the unorthodox methods for influencing brand truene ss and purchasing stopping points. The research that is done on youth marketing speedily becomes outdated by the time its published as a result of the growth of digital media as educators and health professionals continue to get a grasp on the situation.Youth advertising is an important clincher of consumer behavior it has been shown to have an influence on a youths product gustatory modality and purchase requests. There are some scientistswho? that believe studying youth consumer behavior is a negative thing because it impacts their beliefs, values, and moral judgments. They argue this because they believe that youth are more influenced by advertising messages than adults are. Advertising impacts usually are conducted by focusing on three specific effect cognitive, behavioral, and affective. Usually cognitive effect studies are more focused on childrens abilities to signalize commercials from reality and their ability to understand the difference amid the two. When cognitive studies are being done they will follow Piagets theory to track theconcrete development of children. Piagets theory is shared into submits these stages are known as the pre-operational and concrete operational stage. The first stage focuses on the age group of 2- to 7-year-olds whereas the second focuses on 7- to 12-year-olds. On the other hand, there are some scientistswho? that believe youth marketing is a good thing because it helps to put who they are as a consumer.On that note, it has been proven that requests by youth for advertised products decrease as they get on with (1,14,24,26). Youth-oriented audiences tend to become more critical about their purchases and less sensitized to media advertising as they grow up. Gender to a fault tends to have a billet in a youths thought mathematical process when requesting an advertised product. In most cases, boys are more persistent in their requests than girls. Other factors that may co-determine childrens consumer behavior incl ude socioeconomic level of the family, frequency and kind of parentchild interaction, and involvement with peer groups.These are just a few of the issues regarding youth consumer behavior and it is not going on in just our countryclarification needed but in other countries as well such as the Netherlands. The Netherlands is a perfect exampleaccording to whom? to show how youth marketing is viewed in another country. In the Netherlands youth advertising may not mislead about characteristics or the price of the product in addition to this products aimed at children cannot have too much consent or trust amongst children. But there are loopholes in the way the Netherlands protects children from right away youth marketing. These loopholes usually question concepts such as misleading, authority, and trust. Social responsibility and how it affects consumer behaviorStudies of loving adolescents in social marketing media are usually concerned with activities that have heavy consequences. For example things like smoking, violent entertainment, alcohol abuse, and fast food consumption are all things that are negatively going to affect a young consumers consumption behavior. Recently though the de-marketing of these harmful behaviors has started to occur tardily over the years, the focus of social and youth marketing has shifted from reinforcing positive behavior in favor of discouraging abusive behaviors.Since social and youth marketing are trying to head in this direction it indicates to the industry that youth marketing can be used for positive benefits. For example, kinda than just a company associating itself with a non-profit or global aid institution is easy to understand. But youth more often than not pauperism to actively get engaged in experiences that directly affect the cosmea such as populace hunger for example. Which indicates that companies should not just run themselves with non-profit but actually offer their own non-profit experiences that youn g consumers can get involved with. Overall this idea and how it relates to youth marketing might calculate a bit abstractaccording to whom? but it potentially links to a young consumers behavior.This idea of creating cause-related experiences is important for the industry to take note of when it comes to youth marketing. By influencing a young consumer view of a specific company as a well known supporter of a positive non-profit can create brand loyalty beyond traditional brand utilities. This loyalty to the brand in a sense makes the volunteer or youth-oriented customer are aiding in the production of more loyal customers to the brand. In the long run, these non-effort opportunities can become embedded in a generation and become self-producing for the company as long as they maintain the events that cause consumer loyalty. Real-world examplesIn order to understand the publics opinion on youth marketing, one must be able to understand the experiences that to each one generation ha s been exposed to while growing up. Generation Y is very similar to the baby boomer generation e finickyly at antithetic points in life. So it is essential to see what experiences each generation has experienced while growing up. But several(predicate) formative experiences affect each person of Generation Y. For example, the events that made the biggest impression on members of Generation Y who graduated from school in 2000 were Columbine, the war in Kosovo, and Princess Dianas death.8 Targeting the demographicSocial Status and Brand LoyaltyProducts and brands with Social Power enshroud the capriciousness that Corporate cool hunters are searching for teens that have the respect, trust, and admiration of their friends. The American Psychological Association said, Advertisers understand the teens intrust to be cool, and manipulate it to sell their wares, a concept thats been offered to marketers by psychologists including James McNeal, PhD. Marketers assume a silent role as man ipulators and the role they manage to play is not only in the purchases of teens but also in the social postes of teens.A key aspect to youth marketing or any targeted demographic marketing is that these products are supposed to encounter the call for or desires of the consumer. A large portion of sales forward motion is dedicated to accomplishing this. However, according to Ainsworth Anthony Bailey of University of Toledo in The Interplay of Social Influence and Nature of fulfillment Effects on Consumer Attitudes, not much of this research has focused on non-fulfillment of promotional promises which in turn, breaks the trust of the consumer and hurts the entire image of the brand and its product.The role of brand loyalty and/or belonging to a brand becomes a primary act for the young consumers. Promotion is always positive commodities are presented as the road to happiness. In short, advertising uses existing values and symbols rather than reflecting them. Child psychologist, Allen Kanner states that, The problem, is that marketers manipulate that attraction, encouraging teens to use materialistic values to define who they are and arent. Its key that we acknowledge the need for teens to not only identify but to let the brand identify them.Its what feeds into the notion that Marketing and Branding effects teen consumerism. Salancik & Pfeffers (1978) Social information processing theory addresses mechanisms by which peers influence individuals behavior and attitudes. According to this theory, social information consists of comments and observations made by people whose views an individual considers relevant. The literature on social influence suggests that this could impact consumers perceptions.ClassroomAccording to the Media Awareness Network, a huge space where young adults can be targeted is in the set of education or classroom. Whether it be through sponsored health educational assemblies, or as simple as the vending machines in the lunch room, or c ontests/ inducement programs, and the companies that supply the schools with new technologies such as Mac computers. The academic setting becomes a prime marketing tool in stint our youth because the classroom provides a captive audience for any product or brand to be modeled in front of. one and only(a) example that the Media Awareness Network provides to explain how the academic environment can be used to silently speak and market to the youth is contests and incentive programs like the Pizza Hut reading incentives program in which children receive certificates for free pizza if they achieve a monthly reading goal. Similarly, Campbells Labels for Education project, in which Campbell provides educational resources for schools in exchange for soup labels amass by students. InternetAccording to the director of Saatchi & Saatchi Interactive, This is a medium for advertisers that is rare theres probably no other product or service that we can think of that is like it in terms of capt uring kids interest. Advertisers top the young demographic by eliciting own(prenominal) information. Its as easy as getting them to fill out quick, simple surveys prior to playing these games. They offer prizes such as T-shirts for filling in lengthy profiles that ask for purchasing behavior, p quotations and information on other family members.Advertisers, then(prenominal) take the information they obtain from these polls and surveys to craft individualized messages and ads in order to draw and hook them into a world centered around a certain product or brand. The ads that surround the individual in these cyber worlds are meant to custody a firm grip on each individual. It provides the setting for them to be completely consumed by the advertisers messages, products, and brands around them.These games are not just games. Theyre advergames, CBS News correspondent John Blackstone reports for Gotta Have It The Hard Sell To Kids. Advergames allow for marketers to incorporate brands and products into a game-like setting where the child playing it, is exposed eer to these brands and products. A 10-year old girl who was interviewed by CBS, says she can score with Skittles, race with Chips Ahoy or hang out with SpongeBob. You think about that 30-second commercial, basically a lot of those games are pretty fun to play and kids really get engaged in them, Ted Lempert, president of Children today, a group that has successfully pushed for limits on TV advertising to kids, says. So really it ends up becoming a 30-minute commercial. Kids in an Adult WorldThe influence that our youth have on purchases made in a household are extremely high, shockingly, even on high-end items such as what vehicle the family decides to purchase. For example, one study estimated that children influenced $9 billion worth of car sales in 1994. One car dealer explains Sometimes, the child literally is our customer. I have watched the child nibble out the car.12 According to, James U. McNea l, author of Kids as clients A enchiridion of Marketing to Children, car manufacturers cannot afford to ignore the children in their marketing.Nissan is one of many companies know to do this. They sponsor the American Youth Soccer physical composition and a traveling geography exhibit in order to campaign and get eyes on their brand name and logo in child-friendly settings. Theres analysis of the process of the development of a child and how it relates to how marketers know they can have a great deal of power in the field of persuasion on them at such young ages. At the age of five or six, children have trouble distinguishing ideate from reality and make-believe from deceitfulness. They do not distinguish programs from ads, and may even prefer the ads. Between seven and ten years-old, children are most defenseless to televised manipulation. At age seven, the child can usually distinguish reality from fantasy, and at nine, he or she might suspect deception.This could come from a ny personal experience where products have turned out not to be as advertised. However, they cannot fully decipher this logic and continue to have high hopes for future products produced by a particular brand. By the age of ten, the individual starts to have a cynical perception of ads, in that ads always lie. Around eleven or twelve, a toleration of adults lying in advertisements starts to develop. At this stage, its the true coming of the adolescents enculturation into a system of social hypocrisy. Product PlacementProduct placement, or embedded marketing, is a form of advertisement, where branded goods or services are placed in a context usually necessitous of ads, such as movies, music videos, the story line of television shows, or news programs. The product placement is often not disclosed at the time that the good or service is featured.Factors Affecting Consumer BehaviorConsumer behavior refers to the selection, purchase and consumption of goods and services for the satisfac tion of their wants. There are different processes involved in the consumer behavior. Initially the consumer tries to find what commodities he would like to consume, then he selects only those commodities that promise greater utility. After selecting the commodities, the consumer makes an estimate of the on tap(predicate) money which he can spend. Lastly, the consumer analyzes the prevailing prices of commodities and takes the decision about the commodities he should consume. Meanwhile, there are various other factors influencing the purchases of consumer such as social, ethnic, personal and psychological. The explanation of these factors is given below.1. Cultural FactorsConsumer behavior is deeply influenced by cultural factors such as buyer culture, subculture, and social class. Culture Basically, culture is the part of every society and is the important cause of person wants and behavior. The influence of culture on get behavior varies from country to country therefore market ers have to be very careful in analyzing the culture of different groups, regions or even countries. SubcultureEach culture contains different subcultures such as religions, nationalities, geographical regions, racial groups etc. Marketers can use these groups by segmenting the market into various small portions. For example marketers can design products according to the needs of a particular geographic group. Social ClassEvery society possesses some form of social class which is important to the marketers because the purchasing behavior of people in a given social class is similar. In this way marketing activities could be tailored according to different social classes. present we should note that social class is not only determined by income but there are various other factors as well such as wealth, education, occupation etc.2. Social FactorsSocial factors also impact the buying behavior of consumers. The important social factors are reference groups, family, role and status. Reference Groups Reference groups have potential in forming a person attitude or behavior. The impact of reference groups varies across products and brands. For example if the product is visible such as dress, shoes, car etc then the influence of reference groups will be high. Reference groups also include opinion leader (a person who influences other because of his special skill, knowledge or other characteristics). FamilyBuyer behavior is strongly influenced by the member of a family. consequently marketers are trying to find the roles and influence of the husband, wife and children. If the buying decision of a particular product is influenced by wife then the marketers will try to target the women in their advertisement. Here we should note that buying roles change with change in consumer lifestyles. Roles and StatusEach person possesses different roles and status in the society depending upon the groups, clubs, family, organization etc. to which he belongs. For example a woman is working in an organization as finance manager. Now she is playing two roles, one of finance manager and other of mother. thusly her buying decisions will be influenced by her role and status.3. private FactorsPersonal factors can also affect the consumer behavior. Some of the important personal factors that influence the buying behavior are lifestyle, economic situation, occupation, age, personality and self concept. AgeAge and life-cycle have potential impact on the consumer buying behavior. It is unambiguous that the consumers change the purchase of goods and services with the passage of time. Family life-cycle consists of different stages such young singles, married couples, unmarried couples etc which help marketers to develop appropriate products for each stage. clienteleThe occupation of a person has significant impact on his buying behavior. For example a marketing manager of an organization will try to purchase businesssuits, whereas a low level worker in the same orga nization will purchase rugged work clothes. economic SituationConsumer economic situation has great influence on his buying behavior. If the income and savings of a customer is high then he will purchase more expensive products. On the other hand, a person with low income and savings will purchase inexpensive products. life-styleLifestyle of customers is another import factor alter the consumer buying behavior. Lifestyle refers to the way a person lives in a society and is expressed by the things in his/her surroundings. It is determined by customer interests, opinions, activities etc and shapes his whole pattern of acting and interacting in the world. spiritPersonality changes from person to person, time to time and place to place. Therefore it can greatly influence the buying behavior of customers. Actually, Personality is not what one wears rather it is the totality of behavior of a man in different circumstances. It has different characteristics such as dominance, aggressiven ess, self-confidence etc which can be useful to determine the consumer behavior for particular product or service.4. Psychological FactorsThere are four important psychological factors affecting the consumer buying behavior. These are perception, motivation, learning, beliefs and attitudes. MotivationThe level of motivation also affects the buying behavior of customers. Every person has different needs such as physiological needs, biological needs, social needs etc. The nature of the needs is that, some of them are most air pressure while others are least pressing. Therefore a need becomes a motive when it is more pressing to direct the person to seek satisfaction. PerceptionSelecting, organizing and scaning information in a way to produce ameaningful experience of the world is called perception. There are three different perceptual processes which are discriminating attention, selective distortion and selective retention. In case of selective attention, marketers try to attract the customer attention. Whereas, in case of selective distortion, customers try to interpret the information in a way that will support what the customers already believe. Similarly, in case of selective retention, marketers try to retain information that supports their beliefs.Beliefs and AttitudesCustomer possesses specific belief and attitude towards various products. Since such beliefs and attitudes make up brand image and affect consumer buying behavior therefore marketers are interested in them. Marketers can change the beliefs and attitudes of customers by launching special campaigns in this regard.View as multi-pages