Hui-Hsin HUANG

Explorative Study on the Concept of Mind Shares: Confidence, Resistance and Loyalty

In practices and academics, the growth/decline of a brand or product sales is often measured with market shares. However, this method does not really gain insight into loyalty and perception of consumers toward brands and products. This paper proposes a concept of Mind Shares which combines confidence and resistance as the main contents of loyalty to establish a new theoretic foundation and develop the calculation method for the quantification of this model. The data from questionnaire survey showed that confidence and resistance are both positively correlated with loyalty, and these two variables are capable of predictability on loyalty. It is considered that this paper lays down the theoretic foundation of Mind Shares and contributes applications.
Keywords
JEL Classification M31
Full Article
References
  1. Belch, E. G., 1981. An examination of comparative and non-comparative television commercials: the effect of claim variation and repetition on cognitive response and message acceptance. Journal of Marketing Research, 18(3), pp. 333-349.
  2. Bennett, P. D. and Harrell, G. D., 1975. The role of confidence in understanding and predicting buyers’ attitudes and purchase intentions. Journal of Consumer Research, 2(2), pp. 110-117.
  3. Berger, E. I. and Mitchell, A. A., 1989. The effect of advertising on attitude accessibility attitude, confidence, and the attitude-behavior relationship. Journal of Consumer Research, 16(3), pp. 269-279.
  4. Bhattacharya, C. B., 1997. Is your brand's loyalty too much, too little, or just right?: explaining deviations in loyalty from the Dirichlet norm. International Journal of Research in Marketing, 14(5), pp. 421-436.
  5. Brinol, P., Petty, E.R. and Tormala, L. Z., 2004. Self-validation of cognitive responses to advertisements. Journal of Consumer Research, 30 (4), pp. 559-573.
  6. Caruana, A., 2004. The impact of switching costs on customer loyalty: a study among corporate customers of mobile telephony. Journal of Targeting, Measurement and Analysis for Marketing, 12(3), pp. 256-269.
  7. Costabile, M., Raimondo, M. A. and Miceli, G., 2002. A dynamic model of customer loyalty: some empirical evidences supporting a customer buying behavior model. American Marketing Association. Conference Proceedings, Chicago: 13, pp. 66-67.
  8. Danaher, J P., Wilson, W. I. and Davis, A. R., 2003. A comparison of online and offline consumer brand loyalty. Marketing Science, 22(4), pp. 461-476.
  9. Day, G. S., 1969. A two dimension concept of brand loyalty. Journal of Advertising Research, 9(3), pp. 29-35.
  10. Dick, A. S. and Basu, K., 1994. Customer loyalty: toward an integrated conceptual framework. Academy of Marketing Science, 22(2), pp. 99-114.
  11. Fader, S. P. and Schmittlein, C. D. 1993. Excess behavioral loyalty for high-share brands: deviations model for repeat purchasing. Journal of Marketing Research, 30(4), pp. 478-494.
  12. Fazio, R. H. and Zanna, M. P., 1978. On the predictive validity of attitudes: the roles of direct experience and confidence. Journal of Personality, 46(2), pp. 228-244.
  13. Fishbein, M. and Ajzen, I., 1975. Belief, attitude, intention and behavior: an introduction to theory and research. MA: Addison-Wesley.
  14. Fournier, S. and Yao, L. J., 1997. Reviving brand loyalty: a reconceptualization within the framework of consumer-brand relationships. International Journal of Research in Marketing, 14(5), pp. 415-437.
  15. Friestad, M. and Wright, F. P., 1994. The persuasion knowledge model: how people cope with persuasion attempts. Journal of Consumer Research, 21(1), pp. 1-31.
  16. Garland, R. and Gendall, L. P., 2004. Testing Dick and Basus customer loyalty Model. Australasian Marketing Journal, 12(3), pp. 81-87.
  17. Hovland, C. I., Janis, I. L. and Kelly, H. H., 1953. Communication and Persuasion. New haven, CT: Yale University press.
  18. Howard, A. J., Shay, P. R. and Green, A. C., 1988. Measuring the effect of marketing information on buying. The Journal of Consumer Marketing, 5(3), pp. 5-14.
  19. Laroche, M. and Howard, J. A., 1980. Nonlinear relations in a complex model of buyer behavior. Journal of Consumer Research, 6(4), pp. 377-389.
  20. Laroche, M., Kim, C. and Zhou, L., 1996. Brand familiarity and confidence as determinants of purchase intention: an empirical test in a multiple brand context. Journal of Business Research, 37(2), pp. 115-121.
  21. Keegan, W. J., 2002. Global Marketing Management. N.J.: prentice-hall.
  22. Madden, S. C, 1991. Marketers battle for mind share. Baylor Business Review, 9(1), pp. 8-10.
  23. Monroe, K. B., 2003. Pricing: Making Profitable Decisions. Boston: McGraw-Hill/Irwin.
  24. Petty, E. R., Brinol, P. and Tormala, L. Z., 2002. Thought confidence as a determinant of persuasion: the self-validation hypothesis. Journal of Personality and Social Psychology, 82(5), pp. 722-741.
  25. Pomerantz, E. M., Chaiken, S. and Tordesillas, R. S., 1995. Attitude strength and resistance process. Journal of Personality and Social Psychology, 69(3), pp. 408-419.
  26. Pritchard, P. M., Havitz, E. M. and Howard, R. D., 1999. Analyzing the commitment loyalty link in service contexts. Journal of the Academy of Marketing Science, 27(3), pp. 333-349.
  27. Selin, W. S., Howard, R. D., Udd, E. and Cable, T. T., 1988. An analysis of consumer loyalty to municipal recreation program. Leisure Sciences, 10(3), pp. 210-223.
  28. Shankar, V. and Barry, L. B., 2003. Network effects and competition: an empirical analysis of the home video game industry. Strategic Management Journal, 24(4), pp. 375-390.
  29. Sheth, J. N. and Parvatiyar, A., 1995. Relationship marketing in consumer markets: antecedents and consequences. Journal of the Academy of Marketing Science, 23(4), pp. 255-272.
  30. Lam, S. Y., Shankar, V., Erramilli, K. M. and Murthy, B., 2004. Customer value, satisfaction, loyalty, and switching costs: an illustration from a business to business service context. Journal of the Academy of Marketing Science, 32(3), pp. 293-311
  31. Smith, E. R. and Swinyard, R. W., 1988. Cognitive response to advertising and trial belief strength, belief confidence and product curiosity. Journal of Advertising, 17(3), pp. 3-14.
  32. Spreng, A. R. and Page, J. T., 2001. The impact of confidence in expectations on consumer satisfaction. Psychology & Marketing, 18(1), pp. 1187-1204.
  33. Stum, D. L. and Thiry, A., 1991. Building customer loyalty. Training and Development Journal, 45(4), pp. 34-37.
  34. Tormala, L. Z. and Petty, E. R., 2002. What doesn't kill me makes me stronger: the effects of resisting persuasion on attitude certainty. Journal of Personality and Social Psychology, 83(6), pp. 1298-1313.
  35. Tormala, L. Z. and Petty, E. R., 2004. Source credibility and attitude certainty: a metacognitive analysis of resistance to persuasion. Journal of Consumer Psychology, 14(4), pp. 427-442.
  36. Tormala, L. Z., Clarkson, J. J. and Petty, E. R., 2006. Resisting persuasion by skin of one’s teeth: the hidden success of resisted persuasive message. Journal of Personality and Social Psychology, 91 (3), pp. 423-435.
  37. Uncles, M. D., Hammond, K. A., Ehrenberg, A. S. C. and Davis, R. E. 1994. A replication study of two brand-loyalty measures. European Journal of Operational Research, 76(2), pp. 375-385.
  38. Yi, Y., 1990. The indirect effects of advertisements designed to change product attribute beliefs. Psychology& Marketing, 7(1), pp. 47-63.
  39. Zuwerink, J. R. and Devine, P. G., 1996. Attitude importance and resistance to persuasion: It’s not just the thought that counts. Journal of Personality and Social Psychology, 70(5), pp. 931-933.

Article Rights and License
© 2014 The Author. Published by Sprint Investify. ISSN 2359-7712. This article is licensed under a Creative Commons Attribution 4.0 International License. Creative Commons License
Corresponding Author
Hui-Hsin HUANG, Department of Business Administration, Aletheia University, Taiwan
Download PDF

Author(s)

Hui-Hsin HUANG
Aletheia University, Taiwan
Bitnami