• Title/Summary/Keyword: market status

Search Result 1,478, Processing Time 0.033 seconds

Differential Impact of Customer Equity Drivers on Satisfaction: The Case of China's Telecommunications Industry

  • HaeJin Seo;Linlin Fu;Tae Ho Song
    • Asia Marketing Journal
    • /
    • v.24 no.4
    • /
    • pp.178-189
    • /
    • 2023
  • As the necessity of customer relationship management (CRM) increases, measuring the performance of CRM have been actively discussed. Customer equity (CE) is regarded as an appropriate indicator for evaluating the outcomes of marketing activities. There are three drivers of CE: brand, value, and relationship equity. This study aims to investigate the impact of three drivers on customer satisfaction. Market competition is an environmental factor that affects the effectiveness of CRM. This study divides target firms into leaders and followers. This study found that the differential impact of CE drivers on customer satisfaction depends on the firm's status (leader or follower). Specifically, the brand equity driver significantly impacts the leader firm. However, the impacts of value and relationship equity drivers are bigger for follower firms. The above results suggest that firms need to build CRM strategies that consider the competitive situation of the market and their position.

Case Study: Oriental Brewery, Co. Ltd. Vitalizing Cass Brand through Brand Portfolio Strategy

  • Hong, Sung Tai;Son, Young Seok;Na, Woon Bong
    • Asia Marketing Journal
    • /
    • v.15 no.4
    • /
    • pp.187-200
    • /
    • 2014
  • The case study of OB shows dramatic market dynamics between leader brand vs. follower brand similar to Kirin vs. Asahi in Japan for two decades. Almost 20yrs ago, the brand status of OB was dramatically fallen because of the environmental pollution of subsidiary company and harsh competition of rivalry brand. But OB made a ground change in its brand strategy. OB departed from the pride in its past to bet on the new. OB decided to vitalize Cass brand through brand portfolio strategy. They deployed 3 phase articulated marketing plans; Phase I, Acquisition of Cass brand through M&A and strategic segmentation/targeting (1993-2005), Phase 2 - Mega Brand Strategy through Line Extension(2006-2009), Phase 3 - Experiential Marketing focused on Young Culture (2010- present). Finally, OB restored not only brand reputation of Cass and other brands but dominant market position in beer market. Now Cass has been growing rapidly in the last 20 years achieving 50% M/S. The three phases shows the typical successful process of brand management and revitalization adopting brand concept management and S-T-P strategy of manufacturing company.

  • PDF

A Study on the 'Extended' DSM Programs in Korean LNG Market (산업용 천연가스 수요관리 프로그램 최적화를 위한 동태적 시뮬레이션에 관한 연구)

  • Chang, Han-Soo;Choi, Ki-Ryun
    • Environmental and Resource Economics Review
    • /
    • v.11 no.2
    • /
    • pp.211-231
    • /
    • 2002
  • This paper summarizes the results of a study that assess how a demand side management (DSM) system addresses key economic and environmental challenges facing in the Korean natural gas sector considering; ${\bullet}$ high discrepancies of seasonal consumption volume and of load factor in unmatured domestic LNG market, ${\bullet}$ unfavorable and volatile international LNG market, imposing with the contestable "take-or-pay" contract terms, ${\bullet}$ low profile of LNG and existence of market barriers against an optimal fuel mix status in the industrial energy sector. A particular focus of this study is to establish an 'extended' DSM system in the unmatured gas market, especially in industry sector, that could play a key role to assure an optimum fuel mix scheme. Under the concept of 'extended' DSM, a system dynamics modeling approach has been introduced to explore the option to maximize economic benefits in terms of the national energy system optimization, entailing different ways of commitments accounting for different DSM measures and time delay scenarios. The study concludes that policy options exist that can reduce inefficiencies in gas industry and end-use system at no net costs to national economy. The most scenarios find that, by the year 2015, it is possible to develop a substantial potential of increased industrial gas end-uses under more reliable and stable load patterns. Assessment of sensitivity analysis suggests that time delay factor, in formulating DSM scenarios, plays a key role to overcome various market barriers in domestic LNG market and provides a strong justification for the policy portfolios 'just in time' (time accurateness), which eventually contribute to establish an optimum fuel mix strategy. The study indicates also the needs of advanced studies based on SD approach to articulate uncertainty in unmatured energy market analysis, including gas.

  • PDF

The Need for Updating the Survey Population of Traditional Market (전통시장 모집단 현행화의 필요성)

  • Lee, Chul-Sung;Kim, Young-Ki;Kim, Seung-Hee
    • Journal of Distribution Science
    • /
    • v.17 no.4
    • /
    • pp.77-85
    • /
    • 2019
  • Purpose - Statistics of Traditional Market is the only source of information on traditional markets, shopping street, and underground shopping street. The government conducts a survey of traditional market conditions every year to look at the current status of traditional markets and provide effective support. Therefore, this study examines the necessity and validity of updating about the Survey Population of Traditional Market Research design, data, and methodology - This study investigated the necessity of updating about the Survey Population of Traditional Market through literature review. Therefore this study examined the necessity of the current population based on the review of the population related to the sample design, methods, and the sampling frame. Next, we examined the change patterns of the population and the sample by dividing the population and sample of the current survey of the traditional market survey into the market unit, the store unit within the market, and finally the individual store unit. Results - As a result, the population of traditional market changes about 4~6%. Next, the analysis of the store unit in the market shows that the number of stores is very variable even though the market is continuously included in the survey target. Finally, as a result of examining the characteristics of individual stores, the stores with less than one year were more than 6% of the total surveyed stores based on the traditional market. These results are generally inconsistent with the idea that stores in traditional markets will operate for a long time in one place. Next, we proposed the establishment of a management system, applying Citizen Generated Data, and circulation survey. Additionally, this study proposes to change the stratification variables at the regional level rather than the market unit. Conclusions - Therefore, in this study, it is suggested that a current population of traditional market is needed updating, and that a population survey should be updated at least four years. In addition, a system for investigating traditional markets and districts was established and a circulation survey was proposed for efficient use of budgets. Based on these research results and policy suggestions, the future research directions are suggested.

LIQUID CRYSTAL DISPLAYS(LCDs)

  • Jeon, Young-Jae
    • Journal of Photoscience
    • /
    • v.5 no.3
    • /
    • pp.137-141
    • /
    • 1998
  • The current status of flat panel display (FPD) technologies is outlined, with emphasis on liquid crystal displays(LCDs). The principles of a number of LCDs are explained and compared with alternative technologies on the flat panel market. Recently annuounced LCDs, their structures, and their underlying technologies are summarized and compared.

  • PDF

A Study on the Current Status of the Glasses Design Industry in Korea (국내 안경 디자인산업 현황에 관한 연구)

  • Yun, Eul-Yo
    • Journal of the Korea Fashion and Costume Design Association
    • /
    • v.15 no.3
    • /
    • pp.199-211
    • /
    • 2013
  • Glasses industry has great growth potential from the future-oriented perspective in Korea. In consideration of the fact that the ratio of aging population increases in this aging society, people have more and more interest in health. Also, their recognition on the cycle to change glasses is changing, and the utility of them as fashion items is increasing day by day, it is expected that the demand for glasses will be even more extended afterwards. Of course, presently it suffers from the gap between cheaper items and expensive ones provided by overseas prominent brands due to the bi-polarization of the market. However, they are pursuing the 2nd growth as export-leading items in the past through international glass exhibitions based on knowhow accumulated for a long time. Therefore, this study aims to examine the current status of glasses design industry in Korea reflecting the actual situations we have now and also understand the problems and limitations internalized in our glass design industry through the research process. As a result, the study has drawn the following conclusions. This paper intends to point out first, the phenomenon of bi-polarization of the glass market in Korea. Second, unequal distribution by region centering around Daegu. Third, the limitations of brand identity. Fourth, the limitations of information, planning, and marketing power. Fifth, passive conduction of international events and their insufficient effects. This study concludes that all these problems can be solved through 'planning and design, and marketing power'.

  • PDF

Technical Development Status and Market Prospects for High Altitude Wind Power Generation System (공중 풍력발전 기술개발 현황 및 시장전망)

  • Kang, Seung-Won;Gil, Doo-Song;Park, Dong-Su;Jung, Won-Seoup;Kim, Eui-Hwan
    • New & Renewable Energy
    • /
    • v.7 no.2
    • /
    • pp.36-42
    • /
    • 2011
  • The wind speed at the altitude around 300 m is much higher and less variable than at the altitude around 80 m which is the same height of the MW class tower turbine's hub height. The wind power density is increased 0.37 W/$m^2$ per meter at the altitude around 6 to 7 km and 0.25 W/$m^2$ per meter at the altitude around 80 to 500 m. There are two types of power generation systems using lifting bodies. The one is that The generator is installed in the ground station and stretched into the lifting body through the tether. The other is that the generator is installed in the lifting body and stretched into the ground station through the tether. Many kinds of lifting bodies are also researched in the world, called kites, wings, single or twin aerostat, and so on. This article introduced the technical development status and the market prospects of the high altitude wind power generation system all over the world in detail.