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Journal ArticleDOI

Twofold impact of experiential marketing: manufacturer brand and hosting retailer

Shalom Levy, +1 more
- 13 Oct 2021 - 
- Vol. 16, Iss: 4, pp 345-360
TLDR
In this article, a path analysis model was proposed to explain consumer attitude and behavior toward the promoted brand and the retailer store, which combines the effect of experiential marketing with psychographic characteristics, such as the tendency to socialize and extrinsic cues.
Abstract
Experiential marketing is a technique through which companies enhance their promotional marketing with extensive sensory and imagery appeal in order to intensify consumers' experience. The purpose of this current empirical study is to address this strategy and suggests a conceptual framework to explain consumer attitude and behavior toward the promoted brand and the retailer store. Consumers' psychographic characteristics were added to enhance the novelty of the study.,An experiential stimulating environment was created in a real retail store location. The study employs data collected during the experiential demonstration.,The path model suggests that the intensity of the experience evokes an affective response toward the promoted brand and an indirect response toward the hosting retailer. Psychographic characteristics, such as the tendency to socialize and extrinsic cues, were found to moderate the effect of experiential marketing.,Product manufacturers and suppliers can use experiential marketing techniques to improve affective and cognitive responses toward their products and brands. Experiential promotion should also be strategically encouraged by retailers because it creates a recreational shopping experience that enhances the retailer's image.,The study is among the few empirical works that examine real-life settings and the double impact of experiential marketing on brand image and the retailer's store image. The study contributes to the existing literature by suggesting a path analysis model toward brand and store images, which combines the effect of experiential marketing with psychographic characteristics.

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Citations
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References
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Common method biases in behavioral research: a critical review of the literature and recommended remedies.

TL;DR: The extent to which method biases influence behavioral research results is examined, potential sources of method biases are identified, the cognitive processes through which method bias influence responses to measures are discussed, the many different procedural and statistical techniques that can be used to control method biases is evaluated, and recommendations for how to select appropriate procedural and Statistical remedies are provided.
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Self-Reports in Organizational Research: Problems and Prospects

TL;DR: In this paper, the authors identify six categories of self-reports and discuss such problems as common method variance, the consistency motif, and social desirability, as well as statistical and post hoc remedies and some procedural methods for dealing with artifactual bias.
Journal ArticleDOI

The Experiential Aspects of Consumption: Consumer Fantasies, Feelings, and Fun

TL;DR: In this paper, the authors argue for the recognition of important experiential aspects of consumption, such as the symbolic, hedonic, and esthetic nature of the experience of consumption.
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Welcome to the Experience Economy

TL;DR: The authors offer five design principles that drive the creation of memorable experiences that engage all five senses to heighten the experience and thus make it more memorable.
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Effects of Price, Brand, and Store Information on Buyers’ Product Evaluations:

TL;DR: In this article, the effects of price, brand, and store information on buyers' perceptions of product quality and value, as well as their willingness to buy Hypotheses are derived from a study of consumers.
Related Papers (5)
Trending Questions (3)
How does experiential marketing enhance brand loyalty?

The provided paper does not specifically mention how experiential marketing enhances brand loyalty. The paper focuses on the impact of experiential marketing on consumer attitude and behavior towards the promoted brand and the retailer store.

What are the benefits of experiential marketing?

The paper discusses that the benefits of experiential marketing include improving affective and cognitive responses towards products and brands, as well as enhancing the retailer's image through a recreational shopping experience.

How does experiential marketing affect consumers?

Experiential marketing intensifies consumers' experience and evokes affective responses towards the promoted brand and indirect responses towards the hosting retailer.