scholarly journals The effect of country - of - origin image trough quality, design and attractiveness related to product on consumer loyalty

2021 ◽  
Vol 18 (1) ◽  
pp. 137-150
Author(s):  
Srđan Šapić ◽  
Jovana Lazarević ◽  
Jovana Filipović

The main goal of this research is to determine whether there is an impact of country - of -origin image on consumer loyalty to products originating from countries with positive and recognizable image and whether this impact is achieved through characteristics such as product quality and design, and attractiveness related to using the same. To examine this impact, an empirical study was conducted on a sample of 150 respondents and analysis of collected data was performed in SPSS 20. The results show that information about country of -origin image is important to consumers and has an impact on their behavior related to buying foreign product. More precisely, results show that country - of -origin image affects consumers when they choose products based on their quality and design and attractiveness that consumers feel when using these products, and also that through these characteristics country - of -origin image has effects on consumer loyalty. In accordance with the obtained results, conclusion is that it is extremely desirable for companies and governments to take into account the image that their country enjoys on the world market.

Author(s):  
Makedon V. ◽  
Voloshko N.

The article highlighted the following advantages of using branding in TNK strategies: the brand creates barriers in the market for competitors, facilitates the introduction of new products to the world market, and allows actively to explore new niches in this market; allows the company to more successfully survive the global financial and economic crises without additional costs; allows you to clearly distance your product from the competitor's market. The study has shown that modern TNCs do not follow the path of direct use of the Western or Eastern branding model, but increasingly resort to such a combination that contributes to the development of international brands that can successfully function in consumer audiences of different socio-ethnic composition, differing from each other. percep-tion of information directed at them. The methodology of international branding used by TNCs from countries was also differentiated, while the country's image is a determining factor in the formation of a corporate and product branding strategy. It has been established that the relationship between international branding and the country's global competitiveness, which was observed earlier, is currently being lost due to the active development of companies from developing countries (primarily China) in the international branding system. The principles were identified that a developing country should adhere to when forming the concept of international branding. It has been proved that the main determinant of international branding is the competent and effective application of the methodology for assessing the value of brands: monitoring the impact of the country of origin of goods on consumer perception; taking into account in the positioning strategy that if a product has an acceptable price and high utility, then it will be positively perceived in the world market; distancing from the country of origin (for fashionable and prestigious goods); the formation of strategic alliances to promote brands to the global market. More effective methods are cost methods (calculating the cost of replacing a brand), various income methods (future earnings, earnings on shares), and a valuation model.Keywords: transnational corporation, marketing strategy, international branding, corporate brand, global competitiveness, world market. У статті була диференційована і методологія застосовується ТНК країн міжнародного брендингу, при цьому імідж країни є визначальним фактором формування стратегії корпоративного і товарного брендингу. Встановлено, що взаємозв'язок міжнародного брендингу та глобальної конкурентоспроможності країни, що спостерігалася раніше, в даний час втрачається, внаслідок активного розвитку в системі міжнародного брендингу компаній з країн, що розвиваються (в першу чергу, Китаю). Були виявлені принципи, яких повинна дотримуватися країна, що розвивається при формуванні концепції міжнародного брендингу. Доведено, що основною детермінантою міжнародного брендингу є грамотне та ефективне застосування методології оцінки вартості брендів.Ключові слова: транснаціональна корпорація, маркетингова стратегія, міжнародний брендинг, корпоративний бренд, глобальна конкурентоспроможність, світовий ринок.


Author(s):  
Besnik Pula

This chapter presents a structural account of East Europe’s industrial transformation during the era of reform socialism. “Reform socialism” refers to institutional reforms socialist states began introducing beginning around 1968, when economic problems like technological backwardness, low productivity and poor product quality became apparent to Communist leaderships across the region. While reforms were carried out unevenly, they are significant in that they coincide with a number of important developments in the world economy. The chapter argues that the 1970s was a crucially transformative decade for socialist economies, and especially for states on the forefront of economic reform. What proved most critical in determining the future industrial fate of socialist countries was the decentralization of trade authority away from central ministries to enterprises and Foreign Trade Organizations. The decentralization of trade authority gave enterprises direct exposure to the competitive pressures—and thus the dominant actors—of the world market.


2006 ◽  
Vol 36 (142) ◽  
pp. 113-126
Author(s):  
Enrique Dussel Peters

China's socioeconomic accumulation in the last 30 years has been probably one of the most outstanding global developments and has resulted in massive new challenges for core and periphery countries. The article examines how China's rapid and massive integration to the world market has posed new challenges for countries such as Mexico - and most of Latin America - as a result of China's successful exportoriented industrialization. China's accumulation and global integration process does, however, not only question and challenges the export-possibilities in the periphery, but also the global inability to provide energy in the medium term.


Author(s):  
O.N. Mikhaylyuk ◽  
Ya.N. Dolina ◽  
E.A. Strelka
Keyword(s):  

2019 ◽  
Vol 6 (3) ◽  
pp. 54-60
Author(s):  
Mikhail Jurievich Rudiuk ◽  
Anastasiia Vladislavovna Gerasimova ◽  
Ekaterina Mikhailovna Pomozova

The authors' task was to analyze the development of quality management systems at the current stage in Russia, as well as at the previous stage in the USSR. As a result, we came to the conclusion that the factors stimulating the implementation of ISO 9000 standards are the need to promote products on the world market, as well as the possibility of receiving orders from the state. In the future, strict adherence to these standards will allow enterprises to significantly reduce the likelihood of lawsuits from consumers, which is important in the context of the development of the legislative framework and increased control over the business. The practical significance of the article is the possibility of familiarizing management and personnel with quality services, whose task is to prepare for certification for compliance with ISO 9000 standards in how this process took place in other companies. The originality of this work is to summarize the experience of implementation of ISO 9000 standards at enterprises and to analyze the factors contributing to or hindering this process.


2006 ◽  
Vol 12 (1) ◽  
pp. 94-98
Author(s):  
A.P. Alpatov ◽  
◽  
E.I. Bushuev ◽  
O.V. Pylypenko ◽  
P.P. Khorolskyi ◽  
...  

Sign in / Sign up

Export Citation Format

Share Document