The purpose of this research is to maximize the effect of corporate PR advertisements by analyzing main factors of evaluation criteria applied for consumers' purchasing decision and, among them, picking up the factors that affect corporate image evalu...
The purpose of this research is to maximize the effect of corporate PR advertisements by analyzing main factors of evaluation criteria applied for consumers' purchasing decision and, among them, picking up the factors that affect corporate image evaluation.
Based on Thorelli's & sentell's corporate image evaluation model, I tried to appraise the correlation between constituent factors of corporate image and sales of product by surveying on 18 items for corporate image evaluation through three major electronic firms and women's consumers, in order to investigate how it is applied in domestic consumers.
Survey findings show that constituent factors of corporate image influence in sales of product as well as in general corporate image. That is to say consumers purchase the goods of corporation that gives friendly image.
When consumers evaluate corporate image, they put much weight in the quality of product, the level of service, and the proper level of price, etc. Unexpectedly they also put much weight in the factors formed by corporate external activities such as concern for consumer's matters, development of a new product or technology, concern for environmental conservation, participation in social activities, image of their chairman, etc.
Purchasing appliances, consumers get information mainly form TV and pamphlet, display of store, or from friends and relatives. Therefore, corporate ads to elevate its image should be placed on TV, and take forms to give confidence in the quality of product and corporation as the advertising strategies.
In the process of research, it is revealed that images of 3 major electronic firms are made up not only by themselves but by conglomerate that they belong to.
Lastly there are several tips that three major electronic firms should consider of.
In order to give consumers good corporate image, advertising strategy is required as followings.
To domestic consumers, the corporate image is made up mainly by the quality of product, and the level of service. For that reason, corporations are needed to make an effort to offer them better quality of product and high-level service. In the aspect of corporate external activities, they actually work on positive lines and do corporate PR related to environment because recently consumer have much interest in environmental matters that have neglected before.
The domestic consumers recognize that corporate PR ads have been insufficient. Therefore, each corporation is required to make more efforts on corporate PR ads on TV or in the newspapers.
TriGem got highest grade on 14items out of 18, and also is ranked NO. I in actual sales of product. On the other hand, compare to TriGem and LG, Daewoo got noticeably low evaluation and lowest rank in actual sales of product as well. Consequently, it is analyzed that Daewoo is in the need of take distinctive advertising strategy to give consumers affirmative image rather than to change corporate image entirely.