This document provides an overview of a dissertation progress report submitted by Shradha Mantri for their MBA program. The report discusses an empirical study on hedonic brands in India conducted from August 12th to 30th, 2010. The study aims to better understand consumer attitudes by measuring the hedonic and utilitarian dimensions of brands. Previous research has found these dimensions provide useful insights for modeling consumer behavior, testing advertising strategies, revealing brand positions, and informing pricing and promotion decisions. The report provides context on the selection of this topic and how it relates to the student's coursework and career interests in market research.
This document provides an overview of a dissertation progress report submitted by Shradha Mantri for their MBA program. The report discusses an empirical study on hedonic brands in India conducted from August 12th to 30th, 2010. The study aims to better understand consumer attitudes by measuring the hedonic and utilitarian dimensions of brands. Previous research has found these dimensions provide useful insights for modeling consumer behavior, testing advertising strategies, revealing brand positions, and informing pricing and promotion decisions. The report provides context on the selection of this topic and how it relates to the student's coursework and career interests in market research.
This document provides an overview of a dissertation progress report submitted by Shradha Mantri for their MBA program. The report discusses an empirical study on hedonic brands in India conducted from August 12th to 30th, 2010. The study aims to better understand consumer attitudes by measuring the hedonic and utilitarian dimensions of brands. Previous research has found these dimensions provide useful insights for modeling consumer behavior, testing advertising strategies, revealing brand positions, and informing pricing and promotion decisions. The report provides context on the selection of this topic and how it relates to the student's coursework and career interests in market research.
BRANDS IN INDIA (Time Period: 12th 30th August, 2010) In partial fulfilment of the requirements of the course for MBA FT- I
Submitted by: Shradha Mantri (091145) An Empirical Study on Hedonic brands in India
Researchers continually seek a richer understanding of consumer
attitudes. Investigation of the hedonic and utilitarian components of attitude has been suggested in such diverse disciplines as sociology, psychology, and economics. This multidisciplinary recognition of the hedonic and utilitarian elements of consumption mirrors parallel theoretical development in marketing.
Batra and Ahtola (1990, p. 159, emphasis added) state, consumers
purchase goods and services and perform consumption behaviours for two basic reasons:
We adopt this two-dimensional conceptualization of consumer
attitudes: The first dimension is a hedonic dimension resulting from sensations derived from the experience of using products, and the second is a utilitarian dimension derived from functions performed by products.
Measurement of these attitudinal dimensions can provide
researchers and managers with fresh approaches to modelling marketing problems. Measures of attitudinal dimensions provide building blocks for researchers attempting to develop models that explain a greater proportion of the variance in consumer behaviour.
Measures of the hedonic and utilitarian dimensions of attitude
enable marketers to test the effectiveness of advertising campaigns that stress experiential or functional positioning strategies. Then, too, these measures can reveal brand differences/positions that may not be apparent when a single dimension attitude measure is used. Previous research has suggested that products/brands that are highly valued on the hedonic dimension rather than the utilitarian dimension are better able to charge a price premium or engage in sales promotions. Thus, measures of these two dimensions may serve as input into pricing and sales promotion decisions. Since owners of hedonic items keep them for longer periods and because ownership is a recommended segmentation criterion, measuring attitude dimensions is a basis for segmenting markets.
A major impediment to such research is the difficulty of capturing
both dimensions with a reliable and valid measurement instrument.
This research project contributes to the integration of the
experiential view of consumption in marketing research by testing and using a reliable, valid, and generalizable scale to measure the hedonic and utilitarian dimensions of consumer attitudes and to establish reliable, valid, generalizable, and useful measures of the hedonic and utilitarian dimensions of overall brand/product attitudes. Rationale for Selection
This project will contribute to my learning and understanding of the
effect of hedonic brands in consumer behaviour. There are several reasons to explain why I have selected this project:
This project has special focus on 3 core subjects: Marketing
Research, Consumer Behaviour and Retail Marketing. Since I am majoring in Marketing and have each of these subjects as part of my curriculum, a project report based on these courses will be extremely beneficial in practical application of the concepts and frameworks taught to us in these subjects.
My Summer Internship at Siyarams Pvt ltd was a Feasibility Study
for a new product. It was a research project and involved qualitative, exploratory, secondary and primary research. Therefore, I have experience in this field of study, which will further help me in understanding the requirements and challenges that are associated with this project.
I hope to work in the field of Market Research once I have
completed this course and I hope this project will bring some clarity to this field of study and throw some light on the skills, competencies and attitude necessary for performing this kind of role. References
1. Bagozzi and Burnkrant 1979; Olney, Holbrook, and Batra 1991
2. Halfill, 1996; Barlow et al., 2004; Wang et al., 2007 3. (Dillon et al. 2001; Machleit, Allen, and Madden 1993) 4. EBSCO database