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Ethnic marketing: theory, practice and entrepreneurship

By: Contributor(s): Material type: TextTextSeries: Routledge studies in marketing; 5Publication details: Routledge 2019 New YorkDescription: xvi, 357 p.: ill. Includes bibliographical references and indexISBN:
  • 9781138210608
Subject(s): DDC classification:
  • 658.812089 P4E8
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 businesses 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 behavioral 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 socialization process also provides opportunities for ethnic entrepreneurship and for the proliferation of ethnic minority businesses. 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 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. https://www.routledge.com/Ethnic-Marketing-Theory-Practice-and-Entrepreneurship/Pires-Stanton/p/book/9780367732172
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Item type Current library Item location Collection Shelving location Call number Status Date due Barcode
Books Vikram Sarabhai Library Rack 40-A / Slot 2268 (2nd Floor, East Wing) Non-fiction General Stacks 658.812089 P4E8 (Browse shelf(Opens below)) Available 203199

Table of content

1 Issues in ethnic marketing theory, practice and entrepreneurship
2 Ethnicity, ethnic groups and ethnic identity
3 Acculturation, the ethnic group and ethnic consumer behaviour
4 Rationale for ethnic marketing focus on aggregates of minority ethnic groups
5 Perspectives on ethnic loyalty
6 Articulating ethnic marketing with ethnic entrepreneurship
7 Understanding ethnic entrepreneurship
8 Ethnic minority business growth, demise and failure
9 Ethnic networks and the adoption of relational strategies
10 Ethnic entrepreneurship and the marketing mix
11 Product, price, place, physical evidence and process
12 Promotion and personalisation
13 People, ethics and social responsibility
14 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 businesses 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 behavioral 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 socialization process also provides opportunities for ethnic entrepreneurship and for the proliferation of ethnic minority businesses.
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 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.

https://www.routledge.com/Ethnic-Marketing-Theory-Practice-and-Entrepreneurship/Pires-Stanton/p/book/9780367732172

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