SBANC Newsletter - December 2nd, 2014

Page 1

Who: IIABR

IIABR

What: 2015 New Year’s Intl. Multidis- Where: Miami Beach, FL, USA ciplinary Conference Deadline: December 10, 2014

Who: Univ. South Florida

IIBEAC

SMEC

When: January 4-6, 2015

Where: Ft. Lauderdale, FL, USA

What: 3rd Intl. Interdisciplinary Busi- Deadline: December 15, 2014 ness-Economics Adv. Conf. When: March 28 - April 2, 2015 Who: American Mktg. Association

When: February 13-15, 2015

What: Summer Marketing Educators’ Conference

Where: Chicago, IL Deadline: January 31st, 2015

Who: Society of Business Research When: March 19-21, 2015

Where: Orlando, FL, USA

SBR

What: 2015 International Conference Deadline: February 25, 2015 Who: Entrepreneurial Marketing SIG When: August 12-14, 2015

GRSME

What: 2015 GRSME

Where: Chicago, IL, USA Deadline: March 1, 2015

SOBIE

Who: University of North Alabama

When: April 14-17, 2015

What: SOBIE 2015 Academic Conference

Where: Destin, Florida Deadline: March 8th, 2015


OPEN

Who: VentureWell

When: March 20-21, 2015

What: 2015 Open Conference

Where: Washington, D.C. Deadline: February 4, 2015

AA

GABER

Who: Allied Academies

When: April 8-10, 2015

What: Spring 2015 International Conference in New Orleans

Where: New Orleans, Louisiana

Who: Global Academy of Business & Economic Research What: 16th Intl. Conference

AACSB

Deadline: February 26, 2015

When: May 7-8, 2015 Where: New York, USA Deadline: February 28, 2015

Who: AACSB Intl.

Where: Tampa, FL, USA

What: ICAM - 2015

Deadline: March 15, 2015

When: April 26-28, 2015

AABRI

Who: Academic and Business Research institute What: AABRI Intl. Conference

AA

ABR

When: January 1-3, 2015 Where: Orlando, FL, U.S.A. Deadline: December 5, 2014

Who: Allied Academies

When: December 15-19, 2014

What: Winter 2014 International Internet Conference

Where: Online

Who: Academy of Business Research

When: March 25-27, 2015

Deadline: December 11, 2014

Where: New Orleans, Louisiana

What: ABR Intl. Conference

ADVENA

Who: Advena World

When: February 26, 2015

What: Innovation Leaders 2015

Where: Washington DC Deadline: March 15, 2015

Who: Global Research Journals

IS15

When: April 3-5, 2015

What: 2015 International Symposi- Where: Chennai, India um


SBANC

The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments are greatly appreciated.

SBANC

The Small Business Advancement National Center is moving its website. In the process of doing so, we have found that our Newsletter archive lacks the following issues: 513, 521, 534, 535, 611, 617, 622, 626, 631, 649, 665, 732, 733, 754, 785 & 786. If you have any of these issues, please contact us. Thank you!

ESTBU

The 2015 Environmental Science, Technology, and Business International Conference is being held in Dallas, TX on February 11th, 2015. The Call for Papers deadline is December 27, 2014.

ISF

The 2nd International Scientific Forum is being held on December 1113, 2014 in Tirana, Albania. The ISF is welcoming the submission of research papers and the papers accepted will be published in the European Scientific Journal. The submission deadline is December 1, 2014.

ICAMS

The 2nd International Conference on Advances and Management Sciences is being held in Amsterdam, Netherlands February 12-13, 2015. The 2015 ICAMS are inviting the submission of papers. The submission deadline is December 5, 2014.

GAM

AMA

The European Scientific Institute and Jawaharlal Nehru University in New Delhi, India, is having its 2nd Global Academic Meeting from April 1-4, 2015. The deadline for papers is March 1, 2015.

The American Marketing Association is holding it’s Summer Marketing Educators’ Conference in August of 2015 and is welcoming everyone to submit their papers. The deadline for papers is January 31, 2015.


Tip

of the Week

“Involvement also increases as social visibility of a product increases. ” Factors Determining the Level of Consumer Involvement The level of involvement in the purchase depend son  the following factors: 

Previous experience: When consumers have had previous experience with a good or service, the level of involvement typically decreases. After repeated product trials, consumers learn to make quick choices. Because consumers are familiar with the product and know whether it will satisfy their needs, they becomes less involved in their purchase. For example, a consumer purchasing cereal has many brands to choose from — just think of any grocery store cereal aisle. If the consumer always buys the same brand because it satisfied his hunger then he has a low level of involvement. When a consumer purchases cereal for the first time, however, it likely will be a much more involved purchase.

Interest: Involvement is directly related to consumer interests, as in cars, music, movies, bicycling, or electronics. Naturally, these areas of interest vary from one individual to another. A person highly involved in bike racing will be more interested in the type of bike she owns and will spend quite a bit of time evaluating different bikes. If a person wants a bike only for recreation, however, he may be fairly uninvolved in the purchase and just look for a bike from the most convenient location.

Perceived risk of negative consequences: As the perceived risk in purchasing a product increases, so does a consumer’s level of involvement. The types of risks that concern consumers include financial risk, social risk, and psychological risk.

Financial risk is exposure to loss of wealth or purchasing power. Because high risk is associated with high-priced purchases, consumers tend to become extremely involved. Therefore, price and involvement are usually directly related: As price increases, so does the level of involvement. For examples, someone who is purchasing a new car for the first time (higher perceived risk) will spend a lot of time and effort making this purchase. Financial risk may carry greater weight today because of the Great Recession of 2008-2009. The loss of jobs and potential loss of jobs meant that prices did not necessarily have to be high to have high involvement. One study found that consumers are not only buying less but want brands to offer proof of value — 73 percent of consumers would rather have a few, highquality items. The recession has created more than value-driven shoppers —more than 90 percent of consumers use coupons, shop at discount stores, and buy store brands.

Social Risks occur when consumers buy products that can affect people’s social opinions of them (for example, driving an old, beat-up car or earing unstylish clothes).

Psychological risks occur if consumers feel that making the wrong decision might cause some concern or anxiety. For example, some consumers feel guilty about eating foods that are not healthy, such as regular ice cream rather than fat-free frozen yogurt.

Social visibility: Involvement also increases as the social visibility of a product increases. Products often on social display include clothing (especially designer labels), jewelry, cars, and furniture. All these items make a statement about the purchaser and, therefore, carry a social risk.


Initial Service Failure and the Size of the Gratuity: A Social-Cognitive Approach This paper was written by Lawrence S. Silver from Southeastern Oklahoma State University.

Executive Director

A gratuity or “tip” is a price a customer pays, over and above the posted price, for a product or service and is a means for the customer to aide management in determining service quality. The gratuity is often a substantial portion of the server’s income. The size of the gratuity can vary from situation to situation and while there is a stream of research on why people tip, this paper proposes combining the aspects of service failure, size of gratuity, and the customer’s lay theory, or “mindset” in reaction to service failure.

Dr. Don B. Bradley III

Development Intern Daniel Champion Marissa Sides

The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.

(pg. 36) Read Entire Paper Here

Email: SBANC@UCA.EDU

Phone: 1 (501) 450-5300 Mail: UCA Box 5018 Association of Collegiate Marketing Educators

MKTG: Instructor Edition Lamb, Hair, & McDaniel

2014 ACME Proceedings Lawrence S. Silver

201 Donaghey Avenue Conway, AR 72035-0001

South-Western CENGAGE Learning Pages 91-92

Page 36

To Subscribe, please click HERE.

To Unsubscribe, please click HERE.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.