Thursday, January 30, 2020
Customer Attitudes Toward Bmw Motorcycles Essay Example for Free
Customer Attitudes Toward Bmw Motorcycles Essay This final report is the finish summary version of overall information, knowledge, and data of the marketing research under the area of BMW R1200 GS/GSA motorcycles in UK. The BMW Motorrad under the BMW group has been producing motorcycles since 1923 and has providing a variety range of motorcycle styles (bmwgroup, 2012). In addition, the model of BMW R1200 GS/GSA motorcycles is a major consideration motorcycle in adventure sport style for all bikers in UK as it was named in the top ten model of new motorcycles registration (MCIA, 2011). However, The Motorcycle Industry Association defines Adventure motorcycle as ââ¬Å"These bikes encompass trials which similar in style to Enduro motorcycles but are predominantly designed and capable for on-road use (MCIA, 2012)â⬠. The objective of this research paper is to discover attitudes of UK customers towards the model. To be more specific, the research paper will look into the association between brand images, quality and price perception of the current riders towards this BMW motorcycle model. Moreover, the research paper will explore customer satisfaction and the loyalty of the brand. Additionally, this research paper will determine the outstanding in product value of BMW R1200 GS/GSA that it has over its rivals in the adventure motorcycle segmentation. The paper will first provide background information of conceptual model in brand equity which would provide a basic understanding of how to measure and manage brand equity. Furthermore, the explanation in the model of satisfaction towards loyalty will be discussed. Besides, the hypothesis of the study model will be illustrated. In the next section, the method of conducting online surveys and the utilization of this technique will be discussed. Thirdly, the interpretation from the obtained data will be shown in the finding and analysis section. Finally, the conclusion of the paper will be discussed to sum up the entire research paper including limitations and ethics issues. Literature review In the book, Managing Brand Value (Aaker, 1991) has defined the term of brand equity as the connection of the name and emblems to a set of assets that would increase the value of the companyââ¬â¢s products or services. In addition, during the customers buying decision process (McKinsey 1996) has found in his research that brands affect 18 percent of total purchase decisions. Therefore, these can be indicated that branding act as one of the significant factors towards customers purchasing. However, the suggestion from (Keller, 2003) stated that the power of a brand would remain in customers ââ¬Ëmind together with their perceived experiences and they will learn about the brand over time. Hence, there is the development process of strengthen the brand of a company. The figure (2) illustrates the framework of brand equity from (Keller, 2003). Figure 2 Brand Equity Framework Source: Keller, K (2003). Building, Measuring and Managing Brand Equity. Upper Saddle River, New Jersey: Prentice Hall The framework provides 4 steps that involved in building a strong brand however, the hierarchy of brand equity determine that in order to move up in each level, there is a requirement from the successful of the previous one. The first level, companies have to set up a brand identity which will imply brand silence and would lead customers to aware the brand (Keller, 2003). The next step is to create an appropriated brand meaning involve either performance or imagery that related to the brand (Keller, 2003). Thirdly, it is a significant to response the judgments and feelings (opinion, evaluation and emotional) from the customers to gain brand attitudes in customers point of view (Keller, 2003). Lastly, the companies need to create a brand resonance by trying to minimize the gap between what companies think and what customers think via communication tools that would permeate put the brand into consumersââ¬â¢ mind, resulting in a good relationship with them (Keller, 2003). However, after building the strong brand equity, (Keller, 2003) has claimed that brand loyalty would appear to be one of the benefits to the brand. On the other hand, most companies consider the customers to be one of the significant keys to make the company successful. Therefore, (Erdem Swait, 2004) propose that the determination of successful business in long-term is to deliver the value to customers which related to (Marconi, 2000) suggestion that one of the factors which would make customers to remain loyal over brand is customer satisfaction. However, the American Customer Satisfaction Index (figure 3) will be used to explain the model of customer satisfaction. Figure 3 the American Customer Satisfaction Index (ACSI) Source: (Johnson, Gustafsson, Andreassen, Cha, 2001): The evolution and future of national customer satisfaction index models. (theacsi.org, 2001) explained that customer satisfaction occurs from two driven factors which can affect the satisfaction either directly or going through the perceived value factor (quality relative to the expense). From those two driven factors, the first factor is customer expectation, which is the customerââ¬â¢s anticipation of the quality of the products in both prior consumption experience from consumer and the expectation from companyââ¬â¢s product quality deliver. In addition, the second factor is perceived quality which determine by the evaluation of the productââ¬â¢s quality from customer toward the organization. However, the figure shows that there is a negative relationship between customer complaint once they disconfirm with the expectation and customer loyalty. This can be explained as the more satisfied from the customers, there is less chance in the resulted of getting complain from the customers. However, (theacsi.org, 2001) suggests that there is a chance of turning unsatisfied customers to loyalty customers after the compensations have been introduced to them. To conclude, in order to gain customer loyalty, the companies have to deliver the value of the products to meet or exceed customers ââ¬Ëexpectation as loyalty customers are more likely to create repurchase activity. The another related support to the important in loyalty of customers provided by (Reichheld.F.F, 1996) in his book, The Loyalty Effect, in which he stated that in order to bring in a new customer to the company is five times more costly than it is to retain an existing customer. Research Design The early discussion was about satisfying the customers who act as a main player of building the successful businesses as they are involve in many organizationââ¬â¢s process. Hence, it is clear that the framework of this research paper is to focus on the importance of satisfying customers as it will create the benefit toward the company in term of brand loyalty. (Gobe, 2001) states that, there is several area of supporting customers into customersââ¬â¢ satisfaction such as price-quality-relation. Furthermore, (Keller, 2003) consider brand attitude in brand equity process to be a drive towards loyalty as well. This research design will be classified as causal research to obtain evidence of cause-and-effect relationships (Malhotra, Birks, Wills, 2012). These ideas made the hypothesis of the study as: H1a: There is a relationship between brand image perception and the level of customer satisfaction for BMW R1200 GS/GSA H1a: There is a relationship between quality perception and the level of customer satisfaction for BMW R1200 GS/GSA H1a: There is a relationship between price perception and the level of customer satisfaction for BMW R1200 GS/GSA H2: There is a relationship of BMW R1200 GS/GSA customers toward purchase loyalty The Figure 4 illustrates the study model involving the relationship between brand attitudes towards customer satisfaction in BMW R1200 GS/GSA and customer satisfaction in BMW R1200 GS/GSA towards brand loyalty. Methodology This research has been utilized quantitative in order to gather data under one particular model of BMW motorcycles, which is R1200GS/GSA. The objective of quantitative is to collect customerââ¬â¢s attitude influence factors relate to each participant perceptions. However, this survey method has introduced a set of questionnaire with 25 closed questions. The period of survey collection was between 10th November and 10th December 2012 through online survey technique under the survey site named Wufoo. The format of online survey included structure scales in a range from 1 to 5 and yes or no questions. The questionnaires have been distributed and upload onto BMW Motorrad Parklane Facebook and UKGSer page. The total respondent is 11 people which specific that have to be BMW R1200 GS/GSA riders. The questionnaires have been mainly divided into 6 sections. The first 3 questions were designed to seek for the top three requirements of participants that they consider before purchasing any adventure motorcycles. In the next section, 3 questions were designed to find the competitive advantage factors and the relative of price-to-quality in perspectivesââ¬â¢ view. In the third section, 5 questions were used to determine the customersââ¬â¢ judgment toward the product quality. Moreover, there are a set of 5 questions used in search for customer feeling toward BMW R1200 GS/GSA. In addition, the others 5 questions were used to indicate customer resonance and their potential of creating benefit toward the brand. Finally, 5 questions were used to gain demographic information of respondents. Limitations The limitation of time was the major restrictive as the data collection periods is within 1 week. Furthermore, the difficultly of realizing the actual target population as some of respondents may not own the actual motorcycle in BMW R1200GS/GSA. Additionally, there are no female respondents in all of the returned forms. The scope down of the research topic into a specific model of motorcycle created an obstacle to find the right target of respondents. The post on facebook page has bias of gained non-geographic target group information as there are respondents which are not in UK. Moreover, some of the forums and websites are not currently frequently activated making the posts being used ineffectively. Finally, with the limited number of 10 respondents, resulted in low resources are being used in the evaluation. Ethical considerations The purpose of doing this research paper has been announced and posted on every websites and forums before the actual online-survey. There is a statement state clearly in term of confidentiality that respondentsââ¬â¢ information is treated with highly confidentiality. In addition, the questions in the questionnaire under the demographic section have provided an alternative of ââ¬Ëprefer not to answerââ¬â¢ option to allow the refusing of answering for respondents as they may have an uncomfortable condition. The collected data and information will be used in an education area only; there is no hidden purpose in either businesses or individual organization. Findings The process of gathering data took 4 weeks and there are 72 perspectives viewed of the survey in total. However, there are only 11 entries out of 72 viewed which can be transfer into 15.3% as the conversion rate. The average time per respondent to finish the survey is 3.16 minutes each. However, there is 1 out of 11 responded that is a fault data due to the location of the respondent is outside UK. In the first section, 50% of total responded consider exterior design to be considered the most when they buy an adventure motorcycle, while seat comfort is their second consideration with 40% of total. In addition, they consider bag and storage to be the third choice with 40% of the total. In the next section, 60% of total respondents have agreed that BMW R1200 GS/GSA is worth its price. In addition, 90% of them perceived that this model is more superior to other brands within the same price category. Moreover, the data explained that 70% of respondents perceived the superior fact as this model is the best in handling, while another 30% expressed the fact as the endure motorcycle. The third section is finding of the customersââ¬â¢ judgment toward the product quality with the full score of 5 marks. The best perceived value in quality of the model is safe follow by status symbol, quality product, trustworthy, and lowest is high performance product with the scores of 4.5, 4.2, 4.1, 3.9, and 3.6 points respectively. The data shows the customersââ¬â¢ feeling toward BMW R1200 GS/GSA in the fourth section. It is freedom that customer feel the most with 4.2 while fun is their second perceived with the score of 4 out of 5. The respondents share the third feeling that come in to their mind of excitement and self-respect with 3.9 point, while social approval is the last place in their feeling of 3.8 point. In the Fourth section, the data is used to analyze the customersââ¬â¢ resonance toward the model. However, out of 5, respondents show 4.1 point as they are happy with the model the most, while the fact that they satisfied and willing to refer the model to others share the same scores of 4 point each. Lastly, perspective expressed their love to BMW R1200 GS/GSA only 3.7 point. Finally, the data from the survey shows that all of 10 entries were male which translated into 100%. The average group is between 46-55 years old with the percentage of 80 out of total. Moreover, 50% of the total earns their income more than à £50,001 yearly while 40% of them earn the average between à £25,001- à £50,000 yearly. Moreover, 70% of respondents married and which left remaining 30% of them as single. Finally, the education fact shows that 50% of the total respondents graduated their highest education in high school while other 40% and 10% are undergraduates and master level respectively. Conclusion According to the study, exterior design consider to be the most important to customers when they buy as itââ¬â¢s related to social approval most customers agree that BMW R1200 GS/GSA give them that feeling. However, BMW is considering this factor as one of the main development processes make the company continuously improve a better look in designing along with new technologies attached to their bikes. Moreover, the seat comfort and storage is considered to be significant to all adventure riders. Due to a long distance in riding their motorbikes, they require a suitable seat to support their physical body and space to storage their goods. Results also show that BMW R1200 GS/GSA has the competitive advantage over the rival in the same category as customers perceived that the model has the best balance in control. On the other hand, only 60% of customers perceived this model is worth a premium price due to the less agreement that this model is a high performance product. However, customers still satisfied with the product even though, the customers have standard perceived that this motorcycle model is worth to spend money on. Therefore, it can be analyzed that there is less relationship between price and satisfaction. The relationship between product quality and satisfaction can be interpreted as there is a positive relationship between these two factors. The research shows that customers are highly consider BMW R1200 GS/GSA as a safe motorcycle and high quality product. The company has captured the most important need in every rider which is safety, and delivers the value to them clearly which resulted in gaining the satisfactions from value deliver. However, by looking at specifically to individuals that has less satisfaction, it is only the fact that BMW R1200 GS/GSA is not high performance enough for them. In term of brand image, the customers is highly involved with status symbol as the high score of 4.2 point can determine that the company has created brand association and meaning towards customers. Moreover, the company has well delivered the feeling of freedom in this product make a fulfillment in the want of adventure travelers. Therefore, brand image has positive relationship toward satisfaction. Finally, with the high number in people who are happy and satisfied with BMW R1200 GS/GSA related to their willingness to refer this motorcycle model to others. This is can be explained that there is a positive relationship between satisfaction and customers loyalty as loyalty customers would most likely to be influencers in bringing new customers to purchase the product. References Aaker, D (1991). Managing Brand Equity: Capitalizing on the Value of a Brand Name, Free Press, New York, NY Aggarwal, P. (2004). The Effects of Brand Relationship Norms on Comsumer Attitudes and Behaviour. Journal of consumer research, June Court, D., Freeling, A., Leiter, M., Parsons, J. A. (1996). Mckinsey Quarterly: Uncovering the value of brands. Retrieved from http://www.mckinseyquarterly.com/Uncovering_the_value_of_brands_201 Erdem, Tulin, and Swait, Joffre. (2004). Brand Credibility, Brand Consideration and Choices. Journal of consumer research,June Gobe, M. (2001). Emotional Branding. New York, NY: Allworth Press. Keller, K. (2003). Buliding, Measuring, and Managing Brand Equity. Upper Saddle River, New Jersey: Prentice Hall. Kiley, D. (2004). Driven: Inside BMW, the most admired car company in the world. Malhotra, K. N., Birks, F. D., Wills, P. (2012). Marketing Research (4th ed.): An Applied Approach. The Motor Cycle Industry Association (2011). Motorcycle Registration Statistics. Press statistic. Retrieved from http://www.mcia.co.uk/Press-and-Statistics/NewReg_Statistics.aspx We iler, M. (2004). BMW : Exploring Customer Attitudes.
Wednesday, January 22, 2020
Essay --
Teagan Seeley Word Count: 1294 HWC 204 Benjamin Guyer December 17th 2013 ââ¬Å"Exploration of Similarities in Religious Texts: A Further Look at the Koran, the Tanakh and the New Testamentâ⬠People who practice the Abrahamic faiths of Judaism, Christianity and Islam collectively comprise over one half of the worldââ¬â¢s population, and while disparities between these three religions are widely spread and politicized, the similarities between their religious texts outweigh their differences. A crucial similarity between these three religions is their view on Abraham as their spiritual patriarch (lecture). The Koran makes use of both the Tanakh and the New Testament, and while minor differences exist between these texts, the perspectives they share are far more significant. The Koran retains many of the core ideas found in the Tanakh and the New Testament, specifically in regards to the perception of Abraham, the status of God, and the role of women. Any religious text can be interpreted in any number of ways, and while it is easy to pull apart texts of different faiths and dissect the differences, finding common ground and similarities is arguably more important. As previously mentioned, one of the most important similarities between these three texts is the perception of Abraham. Abrahamââ¬â¢s commitment to God was tested, and as it was proved, he is the basis for all three of the Abrahamic faiths. In Genesis, God speaks directly to Abraham, saying, ââ¬Å"I will bless those who bless you, and the one who curses you I will curse; and in you all the families of the earth shall by blessed.â⬠(Genesis 12:1-3) In the Tanakh, Abrahamââ¬â¢s loyalty to God is tested throughout the Bible, and as Abrahamââ¬â¢s devotion become apparent, God solidifies ... ...he New Testament, large themes and important messages resonate similarly across the three faiths. The power, authority and oneness of God is undeniable and unquestionable. Similarly, those who disobey the direct commands of God and who do evil will undoubtedly face his punishment. Also, all three religious texts outline a specific hierarchy that is inherent to the believers; God is above Christ, Christ is above men, and men are above women. The roles and rights of women were limited, and not questioned. As with any ancient text, a reader must be aware of the difference in historical cultures, interpretations and biases. With these texts not all being written at the same time, cultural shifts undoubtedly occurred, but the Koran makes use of ancient Jewish and Christian Scriptures, as evidenced by the similarities between the Koran, the Tanakh and the New Testament.
Tuesday, January 14, 2020
Does Technology Make a Difference? Essay
In Port Jackson, the first British colony of New South Wales arrived. When the colony arrived in January 1788, they came across Aboriginal people who were known to fish around Port Jackson. As of today, there is said to be over 580 species that live in the waters around Port Jackson. The Aboriginal people had been fishing in these areas long enough to make fish a part of their diet. When the British brought their colony to Port Jackson, they learned to also make fish part of their diet. Aboriginal people used the resources around them to make equipment and transportation to fish. They made spears for people who would fish from the shore, and made small canoes and fishhooks out of shells for those who wanted the challenge of catching bigger fish. When the British saw how these people would catch their food, they brought over fishhooks made of metal, nets and boats that were much larger than the canoes. Introducing new and better technology in an environment is never easy. This article discusses the important issues to understand, the good and the bad of technology. Introducing a new technology to an older method made the business of fishing boom, which was good for both sides. With the British bringing in their methods helped bring more fish for the people to eat, with the addition of what the Aboriginals would bring in at the end of the day. Also having the new technology, there was a broader variety of new fish that couldnââ¬â¢t be caught with the old methods. It also helped the Aboriginals convert to using the methods that the British used after seeing how much more fish they could catch in a day. But like everything new to people, it caused the Aboriginals kind of give up on their methods all the way, just to keep up with the British. After a while the Aboriginals would start working on the British boats to earn a percentage of the fish they would all catch each day. The British would also trade some of the fish they had caught for equipment from the Aboriginals. And after a couple years of mass fishing, both parties would fall into the issue of overfishing and pollution from commercial fisheries. As a whole, I thought this whole article was interesting to me, but there was a few things that stuck out more than others. It is mind blowing to hear that just alone, Port Jackson has over 580 species. I always knew that there is quite a few different species of fish, but to think that there is over 580 at Port Jackson and then think about how we canââ¬â¢t swim to the bottom of the ocean to discover what lives only down there makes you wonder if any of the legends weââ¬â¢ve heard as children could be true. There could be all sorts of ancestors of fish or other living things deep down there; they may have lived through ancient history. The other interesting thing I read was about all the fish bones. I know that when things die they leave behind bones, but to think about fish bones lasting that long is crazy. When we cook fish and eat them, you see their bones and how small and fragile they are, and to think that some fish bones can last for thousands of years itââ¬â¢s amazin g. Even though I thought this article was very interesting, there were a few things that were a little difficult for me while reading. I really enjoy learning about the ways of archaeologists and anthropologists, but when I read articles like this I have a hard time following what the author is saying because of all of the weird, scientific names they give to fish, animals or even people. I know that it is just how things are named in the science world, Iââ¬â¢m just not familiar with all the terms yet, and so I get confused sometimes. Also I get stumped non-stop about how they found out so much information about a certain thing when we didnââ¬â¢t live back then. I think it is amazing how they find so much information from something so small, like a fish bone, but at the same time its mind boggling because its not like bones, rocks, trees, or other things that they study come with instructions. And I think these things are the reason I am so fascinated with this line of work. For archaeology, this is a very important article to explain that what they do is very important. Archaeology to me is a very important part of our lives. If it wasnââ¬â¢t from them, I wouldnââ¬â¢t have been able to learn things about our past from this article. We learn so much about our pasts and that helps us with our future because of the studies that archaeologists do, like in the article. Itââ¬â¢s because of them that we are able to know that the Aboriginal people have to convert to a new method of technology because of the British. It also helps us understand what the living was like at Port Jackson during that time period, which also helps understand what type of plants and animals and fish lived during that time. Which has an end result to help explain the transformation how the fish we know about today are different in some way from the past fish, but know that todayââ¬â¢s fish came from the past. Itââ¬â¢s the same thing with humans, they study and do tests o f human remains from thousands and thousands of years to get a better understand of where we came from, and what we used to look like or how we came to the features that we have today. In conclusion, this article has given me a lot of new information that helps me understand our pasts a little better. At the same time, it also helps you open your eyes a little more because in todayââ¬â¢s world, we have technology change all the time and we are just all so use to it that we donââ¬â¢t really see how much it really changes us or even how it effects us all. Back in the 1780ââ¬â¢s I understand and realize how scary change can be for people or colonies. It would be pretty scary for a colony to move to a place youââ¬â¢ve lived and bring these new methods that help and hurt your lifestyle at the same time. And today we donââ¬â¢t usually have those feelings or worries because we are so use to change that we act like itââ¬â¢s nothing. It is also amazing how we are able to look at artifacts or bones from the past, like fish and we know what type of fish they are and long ago they had died. Reading articles like this just is amazing to me because you always wonder how we got to where we are today, or where did we actually come from and why do we have similar features from a bunch of different mammals.
Monday, January 6, 2020
Effects Of Child Sexual Abuse - 1166 Words
The current research shows that child sexual abuse has a long-lasting impact on attachment style from early childhood continuing into adulthood. Fresno et al. (2014) were interested in the attachment representations in preschool aged children in Chile because few studies focus on CSA survivors that young and the results of those few studies have not been conclusive. Past studies have found inconsistent results; some studies have determined a CSA is directly linked to insecure attachment representations in survivors, and other studies have found no differences in self-representation among children with CSA history and non-abused children and furthermore, children who were sexually abused had more positive representations of themselves thanâ⬠¦show more contentâ⬠¦Like Fresno et al., Meyer et al. (2017) found a direct relationship between CSA and attachment styleââ¬âthis time following survivors into adulthood. Meyer et al. were interested in the persistent complications of C SA into adulthood, including adult attachment styles. They hypothesized that CSA directly leads to insecure attachment, especially avoidant and anxious attachment, which in return results in maladaptive emotion regulation and inappropriate behaviors. They also hypothesized that women who experienced CSA would be closely associated with anxious attachment and CSA men would be associated with avoidant attachment. Meyer et al. explored this by administering an online survey advertised to local college campuses, community organizations, mental health counseling groups, and local 12-step sexual addiction treatment groups. The survey measured attachment style by examining participantsââ¬â¢ avoidance and anxiety. Out of 751 participants, 129 or 16% of participants reported experiencing CSA (32 males and 97 females). The results showed that those with CSA in their history were more likely to have an anxious adult attachment, and surprisingly found no relationship for avoidant attachment. This is a direct relationship between CSA history and insecure adult attachment, and was found to not be mediated by gender. There were no gender differences as both men and women were likely to express an anxious attachment. Due to the influence of CSA on attachment styles inShow MoreRelatedThe Effects Of Sexual Abuse On A Child1316 Words à |à 6 Pagesabused before they turn eighteen years old (Wurtele, 2014). Abuse to a child whether in the form of physical, emotional, sexual, or neglect is never acceptable. Children are our future, and we should treat our future with respect and guidance in order to ensure a happy and safe environment for all. Unfortunately, many children are abused around the world whether it is physically, emotionally, sexually, or through neglect. 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