Consumer Attitudes Toward Foreign versus Local Brands in Emerging Markets A Study Based on the Consumer Goods Industry in Brazil

Emerging markets are more important than ever for consumer goods companies from the developed world that face stagnating markets and intense competition at home. While in the past companies were successful by targeting the premium end of these markets, the biggest growth opportunities are now among...

Full description

Bibliographic Details
Main Author: Stoebe, Martin Johannes
Other Authors: Zerres, Michael ([HerausgeberIn]), Zerres, Christopher ([HerausgeberIn])
Format: eBook
Language:German
Published: Mering Edition Rainer Hampp 2013, 2013
Edition:1. Auflage; 34 Abb. / 16 Tab
Series:Hamburger Schriften zur Marketingforschung
Subjects:
Online Access:
Collection: wiso-net eBooks - Collection details see MPG.ReNa
LEADER 02919nmm a2200409 u 4500
001 EB001030149
003 EBX01000000000000000823702
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150501 ||| ger
020 |a 9783866189348 
100 1 |a Stoebe, Martin Johannes 
245 0 0 |a Consumer Attitudes Toward Foreign versus Local Brands in Emerging Markets  |h [electronic resource]  |b A Study Based on the Consumer Goods Industry in Brazil  |c Stoebe, Martin Johannes 
250 |a 1. Auflage; 34 Abb. / 16 Tab 
260 |a Mering  |b Edition Rainer Hampp  |c 2013, 2013 
300 |a 225 S. 
653 |a localness 
653 |a structural equation modeling 
653 |a emerging markets 
653 |a local brands 
653 |a foreignness 
653 |a positioning 
653 |a foreign brands 
653 |a country-of-origin 
653 |a globalness 
653 |a international management 
653 |a brand management 
653 |a international marketing 
653 |a consumer ethnocentrism 
700 1 |a Zerres, Michael  |e [HerausgeberIn] 
700 1 |a Zerres, Christopher  |e [HerausgeberIn] 
041 0 7 |a ger  |2 ISO 639-2 
989 |b WISO  |a wiso-net eBooks 
490 0 |a Hamburger Schriften zur Marketingforschung 
856 4 0 |u https://www.wiso-net.de/document/EBOK,AEBO__9783866189348225  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Emerging markets are more important than ever for consumer goods companies from the developed world that face stagnating markets and intense competition at home. While in the past companies were successful by targeting the premium end of these markets, the biggest growth opportunities are now among the large and booming middle class. Yet, increasingly sophisticated local competitors are equally targeting this segment. The author investigates this phenomenon in the emerging market of Brazil. This research is the first to focus on the attitudes of Brazilian consumers toward perceived brand foreign- versus localness. Starting from an extensive overview of existing literature, the author draws on theories from the fields of new institutional economics, neo behaviorism and consumer culture to construct a sophisticated research model. Empirical research confirms that increasing foreignness leads to greater brand prestige, while higher levels of localness result in greater brand sincerity and a closer self-brand connection. By demonstrating how local brand appeal influences key affective drivers of consumer decision making, this research contributes significantly to the scientific marketing literature. It is also highly relevant for business practitioners. Both foreign and domestic brands can benefit from higher levels of perceived localness. Companies need to reflect this in their brand positioning and support it, for example by using local testimonials, sponsoring local events or even acquiring local brands