In every society there is inequality in social status amongst different people and the people are categorized into different social classes. Social classes can be defined as relatively permanent and homogeneous divisions in a society in which individuals or families sharing similar value, life-styles, interests and behavior can be categorized.
Social class is a concept based on distribution of status and the categories are usually ranked in a hierarchical order ranging from low status to high status. People belonging to a particular class tend to restrict their interaction to people belonging to the same class, unless it is for a very specialized purpose. Within a social class there are shared values, attitudes and behavioral patterns of consumption of certain products and services. But if we compare different social classes, we would find differences in values, attitudes and behavior between each class, as also a pattern of consumption behavior unique to each class. For example, upper classes use vertical blinds and roman shades as window treatment, while lower class of society use curtains. So, when someone talked about blinds it’s having a label that it’s for upper class.
Social class is an ideal basis for segmenting the market, as different social classes exhibit distinct product and brand preferences. Within the same social class, there is sharing of information on different products and brands, while between the different social classes there is little communication. For example, social classes helps term life insurance companies to have their term life insurance policies as per the social class.
Friday, January 2, 2009
Tuesday, December 30, 2008
Cultural Factors-3
iii) Physical Appearance: Physical fitness, good health, and smart appearance are on premium today. Slimming centers and beauty parlors are mushrooming in all major cities of the country. Cosmetics for both women and men are being sold in ever increasing numbers. Exclusive shops retailing designer clothes at fancy process are doing brisk business.
iv) Materialism: There is a definite shift in the people’s cultural value from spiritualism towards materialism. People are spending more money than ever before on acquiring products such as air-conditioners, cars, scooters, video cassette recorders, etc. which add to both physical comfort as well as status. A company which wants to grow must keep a tab on such major cultural trends to ensure that its products fit in well with these new trends.
Sub-cultureWithin the large framework of a society there exist many sub-cultures. A sub-culture is an identifiable distinct, cultural group, while following the dominant cultural values of the overall society also has its own beliefs, values and customs that set them apart from other members of the same society.
iv) Materialism: There is a definite shift in the people’s cultural value from spiritualism towards materialism. People are spending more money than ever before on acquiring products such as air-conditioners, cars, scooters, video cassette recorders, etc. which add to both physical comfort as well as status. A company which wants to grow must keep a tab on such major cultural trends to ensure that its products fit in well with these new trends.
Sub-cultureWithin the large framework of a society there exist many sub-cultures. A sub-culture is an identifiable distinct, cultural group, while following the dominant cultural values of the overall society also has its own beliefs, values and customs that set them apart from other members of the same society.
Monday, December 29, 2008
Cultural Factors-2
Today we discuss some of these changes for cultural factors are as follows:
i) Convenience: With more women joining the work-force there is an increasing demand for products that help lighten and relieve the daily household chores, and make life more convenient. This is reflected in the soaring sale of gas stove, mixes, washing machines, roller shades, woven wood shades, blinds, vacuum cleaners, ready to eat/cook packets of dehydrated frozen/precooked foods, fast food outlets etc.
Fifteen years ago when Hindustan Lever first introduced the concept of dehydrated vegetables and marketed Hima peas, the concept did not succeed. The cultural value was of eating fresh and freshly cooked food. But today that cultural value does not have successfully marketed.
ii) Education: People in our society today wish to acquire relevant education and skills that would help improve their career prospects. This is evident from the fact that so many professional, career-oriented educational centers are coming up, and still they cannot seem to meet the demand. As a specific instance count the number of institutions offering courses and training in computers that has opened in your city. The establishment of IGNOU is also a result of this cultural trend.
i) Convenience: With more women joining the work-force there is an increasing demand for products that help lighten and relieve the daily household chores, and make life more convenient. This is reflected in the soaring sale of gas stove, mixes, washing machines, roller shades, woven wood shades, blinds, vacuum cleaners, ready to eat/cook packets of dehydrated frozen/precooked foods, fast food outlets etc.
Fifteen years ago when Hindustan Lever first introduced the concept of dehydrated vegetables and marketed Hima peas, the concept did not succeed. The cultural value was of eating fresh and freshly cooked food. But today that cultural value does not have successfully marketed.
ii) Education: People in our society today wish to acquire relevant education and skills that would help improve their career prospects. This is evident from the fact that so many professional, career-oriented educational centers are coming up, and still they cannot seem to meet the demand. As a specific instance count the number of institutions offering courses and training in computers that has opened in your city. The establishment of IGNOU is also a result of this cultural trend.
Labels:
blinds,
CRM,
CRM Software,
CRM Systems,
Cultural factors
Cultural Factors-1
Though a marketer can influence all the three types of learning through his company’s advertising strategy, it is informal learning which is most amenable to such influences. Children learn much more about products and services through advertisements in mass media (especially TV) than they do either from their parents or teachers. Brand loyalties and images developed in the early formative years of childhood tend to be deep-rooted and affect the child’s consumer behaviour even in later years of adulthood. Marketers’ interest lies in identifying the potential consumer segments and ‘catching them young’.
The kind of products and advertising appeals that can work effectively in a society depend largely on its cultural background. In the American Society, individualism, freedom, achievement, success, material comfort, efficiency and practicality are values which are followed and imbibed by the younger children. Products and services which fulfil these values are most successfully marketed in America.
In the Indian society, on the contrary, conformity, spiritualism, respect for the elderly, traditionalism and education are some of the dominant cultural values. However, our society is undergoing a cultural metamorphosis and you can discern some major cultural shifts which have far reaching consequences for the introduction of a vast variety of new products and services.
The kind of products and advertising appeals that can work effectively in a society depend largely on its cultural background. In the American Society, individualism, freedom, achievement, success, material comfort, efficiency and practicality are values which are followed and imbibed by the younger children. Products and services which fulfil these values are most successfully marketed in America.
In the Indian society, on the contrary, conformity, spiritualism, respect for the elderly, traditionalism and education are some of the dominant cultural values. However, our society is undergoing a cultural metamorphosis and you can discern some major cultural shifts which have far reaching consequences for the introduction of a vast variety of new products and services.
Subscribe to:
Posts (Atom)