Creating parental trust in the children's toy market
Purpose - Trust is a key business value and a corner-stone of all company-consumer relationships, but is particularly critical in children's markets because of their vulnerability. This paper seeks to explore how trust is created between toy companies and parents, the main purchasers of toys, a...
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Published in | Young consumers Vol. 8; no. 3; pp. 163 - 171 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Emerald Group Publishing Limited
04.09.2007
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Subjects | |
Online Access | Get full text |
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Summary: | Purpose - Trust is a key business value and a corner-stone of all company-consumer relationships, but is particularly critical in children's markets because of their vulnerability. This paper seeks to explore how trust is created between toy companies and parents, the main purchasers of toys, and a conceptual framework is proposed, arguing that trust is underpinned by both ethical and marketing dimensions.Design methodology approach - This paper uses rich qualitative data gathered from personal interviews with a sample of senior executives in 12 leading toy companies in the UK. The findings are then used to evaluate a framework developed from a synthesis of the business trust literature.Findings - Evidence gained from the sample indicates that the framework is reasonably robust. Although the managers believed that consumers' trust was chiefly driven by the marketing offer (commitment and satisfaction), they also recognised the importance of behaving responsibly and provided examples to demonstrate their integrity and benevolence.Practical implications - The consumers' perception of the toy industry is not as positive as the managers would like or believe is deserved. Many responsible activities that might help improve consumer sentiment are failing to be adequately communicated. Trust and worthy deeds need to be "sold" to consumers as a part of the marketing package.Originality value - Although trust development is widely discussed and its value recognised, it is still inadequately understood. This paper adds a new perspective by highlighting the importance of ethical issues as a key dimension of trust building. |
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Bibliography: | original-pdf:3210080301.pdf filenameID:3210080301 istex:C522CC53019895B769DEBB02AB9B075D52216810 href:17473610710780909.pdf ark:/67375/4W2-QP4JR11F-P ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 |
ISSN: | 1747-3616 1758-7212 |
DOI: | 10.1108/17473610710780909 |