The Marketing Book 5th Edition

(singke) #1
Spending
power

Shopping
habits Culture Climate

Existing
competition

General expectations
and predispositions Lifestyles

National
stereotypes

Stage 3
image

Favourable

Media
adverts

Stage 2
image

Improving

Initial
image

Neutral

Early
impressions

Repeat
experience

Growing
trust

Experience and word-of-mouth communication

Retailing 787


excluded from a shopper’s list of alternatives is
because other shoppers are too affluent/poor,
trendy/conservative, etc. The bases of these
beliefs, however, are also multifaceted. Percep-
tions are based upon individual stores, centres
in which they are located, departments and
product ranges, which can of course vary
within a chain.
The critical role of image in the formula-
tion and evaluation of retail strategy has also


been realized in the international setting. A
strong image in the home market may have
little or no brand equity in the new market,
unless that market comprises many tourists or
expatriates from the home market. In most
cases, the image has to be created, providing an
opportunity to monitor the birth and develop-
ment of an image.
Based upon studies of retailers’ images in a
number of international markets, Figure 30.4

Figure 30.4 Determinants of international image
Source: McGoldrick (1998).

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