Cross Element Evaluation of Insurance Product’s Brand Positioning, Cultural Elements and Client Decision Dilemmas

Exploring the Impact of Cultural Elements on Brand Positioning and Trust in the Insurance Industry

Abstract

There is an increasing desire for new information, concepts and models of Web client behavior because of the advancement of digital marketing as it turns into a crucial element of client associations as well as the marketing strategy. The web purchasing actions ought to be further realized consequently, it allures growing investigation awareness. As a number of scientific studies have pinpointed, the important thing to long-term achievement for organization is always to construct client confidence and brand name rank however the second option is adversely affected by the identified pitfalls linked to each products and its brand position. Hence, you will need to analyze the insurance carrier threat aspects impacting trust in the purchase associated with insurance products, though the buying goals of online people have to be additionally researched. This paper also discusses the Hofstede’s cultural model for brand positioning for the insurance product global positioning.