DocumentCode
552651
Title
The style of communication is decisive! results of different kinds of relationships with innovation averse customers when launching new products
Author
Nienaber, Ann-Marie ; Schewe, Gerhard
Author_Institution
Inst. for Bus. Adm., Univ. of Munster, Munster, Germany
fYear
2011
fDate
July 31 2011-Aug. 4 2011
Firstpage
1
Lastpage
12
Abstract
The communication of “something new and unknown” requires an innovative approach to reach not only those people affine towards innovations anyway but also those innovations averse. This challenge needs highly sensible communication. Trust is able to reduce uncertainties of the customers as well as increase the disposition to buy. Therefore the question arises of how trustful communication should be designed in order to stabilise trust of late followers in the long run and therefore supporting the introduction of new products to the market. This paper calls for a complex experiment design due to its “pioneer nature”. A multitude of expert interviews is being followed by a multistage empirical analysis on the basis of 490 returned questionnaires, identifying two types of innovation averse persons, based on their attitude towards trust (averse or affine). Therefore this study develops an interdisciplinary approach representing an entirely new research field, showing the effect of the correct use of trustful communication on the adoption of new products by innovation averse customers. Here, persons averse to innovation and trust prefer primary information instead of interactivity with the partner (preference of people affine towards trust). Concrete implications for business management are given at the end of the paper.
Keywords
consumer behaviour; customer relationship management; design of experiments; innovation management; business management; communication; customer attitudes; customer relationships; experimental design; innovation averse customers; new products launching; trust; Communication channels; Companies; Context; Dentistry; Instruments; Technological innovation;
fLanguage
English
Publisher
ieee
Conference_Titel
Technology Management in the Energy Smart World (PICMET), 2011 Proceedings of PICMET '11:
Conference_Location
Portland, OR
Print_ISBN
978-1-4577-1552-5
Electronic_ISBN
978-1-890843-24-3
Type
conf
Filename
6017678
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