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Ethnic marketing : theory, practice and entrepreneurship

By: Pires, Guilherme D
Title By: Stanton, John L
Material type: BookSeries: Routledge studies in marketing ; 5.Publisher: New York : Routledge, Taylor & Francis Group, c2019.Description: xiii, 357 p. : ill. ; 24 cm.ISBN: 9781138210608 Subject(s): Minority consumers | Market segmentation | Marketing -- Cross-cultural studiesDDC classification: 658.812089 PI ET
Summary:
Together with the development of transformative technologies that epitomize globalization, the ongoing movements of people across borders and other socio-economic pressures are creating a fast-changing business environment that is difficult for business to understand, let alone control. Dominant social expectations that immigrants should seek to adopt an assimilationist socialization path towards the host country's mainstream are contradicted by minority ethnic group resilience. There is no evidence that these groups naturally disappear within the cultural and behavioural contexts of their adopted countries. Since ethnic minority consumers cannot be expected to assimilate, then they maintain some significant degree of unique ethnicity related consumer characteristics that convert into threats and opportunities for business. The inherent socialisation process also provides opportunities for ethnic entrepreneurship and for proliferation of ethnic minority business. Following from the extensive examination of scholarly perspectives of ethnic marketing theory, there is an acknowledged and marked divide between theoretical exhortations and what is done in practice, a relative oversight of the implications of mixed embedded markets, and a propinquity to overlook the crucial role played by ethnic entrepreneurship and ethnic networks. Opportunity valuations are difficult to enact due to a lack of intelligence about ethnic markets. Variable sentiment about the future of ethnic marketing links to different predictions on how the drivers of globalization will impact on the acculturation paths of ethnic minorities. Keeping a focus on the ethnic group as the unit of analysis, combining ethnic marketing and ethnic entrepreneurship theories provides intelligence about contemporary ethnic marketing and practice perspectives. The ultimate objective is to reduce the theory-practice divide through the development of a collaborative framework between business and scholars that converts into theory-in-use.
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Item type Home library Call number Status Notes Date due Barcode Item holds
REGULAR University of Wollongong in Dubai
Main Collection
658.812089 PI ET (Browse shelf) Available Mar2020 T0064557
Total holds: 0

Includes bibliographical references and index.

Issues in ethnic marketing theory, practice and entrepreneurship
Ethnicity, ethnic groups and ethnic identity --
Acculturation, the minority ethnic group and ethnic consumer behaviour --
Rationale for ethnic marketing focus on aggregates of minority ethnic groups --
Perspectives on ethnic loyalty --
Articulating ethnic marketing with ethnic entrepreneurship --
Understanding ethnic entrepreneurship --
Ethnic minority business growth, demise and failure --
Ethnic networks and the adoption of relational strategies --
Ethnic entrepreneurship and the marketing mix --
Product, price, place, physical evidence and process --
Promotion and personalisation --
People, ethics and social responsibility --
Environmental forces, ethnic marketing and ethnic entrepreneurship.

Together with the development of transformative technologies that epitomize globalization, the ongoing movements of people across borders and other socio-economic pressures are creating a fast-changing business environment that is difficult for business to understand, let alone control. Dominant social expectations that immigrants should seek to adopt an assimilationist socialization path towards the host country's mainstream are contradicted by minority ethnic group resilience. There is no evidence that these groups naturally disappear within the cultural and behavioural contexts of their adopted countries. Since ethnic minority consumers cannot be expected to assimilate, then they maintain some significant degree of unique ethnicity related consumer characteristics that convert into threats and opportunities for business. The inherent socialisation process also provides opportunities for ethnic entrepreneurship and for proliferation of ethnic minority business. Following from the extensive examination of scholarly perspectives of ethnic marketing theory, there is an acknowledged and marked divide between theoretical exhortations and what is done in practice, a relative oversight of the implications of mixed embedded markets, and a propinquity to overlook the crucial role played by ethnic entrepreneurship and ethnic networks. Opportunity valuations are difficult to enact due to a lack of intelligence about ethnic markets. Variable sentiment about the future of ethnic marketing links to different predictions on how the drivers of globalization will impact on the acculturation paths of ethnic minorities. Keeping a focus on the ethnic group as the unit of analysis, combining ethnic marketing and ethnic entrepreneurship theories provides intelligence about contemporary ethnic marketing and practice perspectives. The ultimate objective is to reduce the theory-practice divide through the development of a collaborative framework between business and scholars that converts into theory-in-use.

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