Essential Insights & Latest Research
Keeping up with the latest research is essential for both academics and marketing professionals who want to stay relevant and competitive.
The latest issue of the Retail and Marketing Review Journal, Volume 20, Issue 2 (November 2024), features an array of insightful studies on topics essential to the modern marketing and retail industries.
These studies explore critical aspects of marketing and retail, from understanding consumer satisfaction to improving brand loyalty, providing valuable insights that can directly impact business strategies.
Highlights from the latest issue include:
In the issue’s foreword, Prof Michael Cant from the University of South Africa and also an Academic Board Member of the IMM Graduate School, reflects on the potential impact of the 2024 United States elections on South Africa’s retail and marketing sectors, highlighting possible trade disruptions, while urging businesses to pivot toward regional opportunities through the African Continental Free Trade Agreement (AfCFTA), and innovating in digital and sustainable commerce. Prof Cant also emphasises the importance of aligning with African authenticity and consumer trends to navigate challenges and foster growth.
Exploring customer retention strategies implemented by managers in the fast-food industry: A post-pandemic perspective
The South African fast-food industry faces challenges like competition, inflation, reduced spending, load shedding, and COVID-19 impacts, leading to declining customer loyalty. A study by Dr Leon Paul du Preez and Prof Marthinus Jacobus Botha highlights strategies for retention, including differentiation through high-quality products, excellent service, personalised offers, loyalty programmes, alternative energy solutions, and in-house delivery services. These measures can enhance customer satisfaction and competitiveness post-pandemic.
Are the functionality of website and logistics systems driving e-customer satisfaction in South Africa?
Prof Sandra Perks and Tariro Shumba studied the factors influencing e-customer satisfaction in South Africa, focusing on website and logistics system functionality. Their research, based on a survey of 237 online shoppers, found that website functionality significantly impacts satisfaction, while logistics system functionality was not a key factor. They recommend that online retailers design functional websites that meet customer expectations, ensuring ease of navigation, quick image loading, and clear product and delivery information.
Perceived convenience as a driver of South African Generation Y consumers’ online repurchase intentions
Mbali B. Selemela, Dr Rita Klonaridis, Prof Heleneze T. Lues, and Dr Chantel Muller studied the role of perceived convenience in driving online repurchase intentions among South African Generation Y consumers. Using the SERVCON model, they found that while factors like access, search, transaction, and post-service convenience were significant, access convenience had a negative impact, and execution convenience showed no effect. The findings provide valuable insights for improving online shopping experiences.
Other articles in this issue include:
Can Spaza Shops Survive in Township Competition with Large Nationals? What Does the Future Hold? by Prof M.C. Cant, Prof J.A. Wiid and Dr T. Hermanus
Examining the Impact of the 3 Cs: Content, Collaboration, and Customisation of Social Media Marketing on Luxury Fashion Brand Perceptions by Dr Richa Misra, Ekta Aggarwal and Dr Chhavi Taneja
Beyond Convenience: Understanding the Multifaceted Appeal of Online Grocery Shopping Applications by Prof Nombulelo Dilotsothle, Dr Tatenda T. Chabata
Conscious Cleaning Products: The Influence of Green Marketing on Consumer Buying Behaviour by Nina Rossouw and Aidan Boon
Exploring the Factors Behind Entrepreneurial Success: A Thematic Analysis by Dr Shweta Tewari, Dr Nisha Goyal and Dr A. Nagaraj Subbarao
All the articles offer valuable insights on the marketing and retail industries, and the journal is a key resource for both academics and practitioners looking to stay updated and stay ahead in their profession.
Find out more about the Retail and Marketing Review here https://retailandmarketingreview.co.za/ or access the latest issue and download previous issues from the IMM Graduate School eLibrary on eLearn here https://learn2024-01.imm.ac.za/login/index.php