ĐẠI HỌC QUỐC GIA HÀ NỘI TRƯỜNG QUẢN TRỊ VÀ KINH DOANH --------------------- VŨ TRẦN PHƯƠNG ANH CRITICAL DETERMINANTS FOR MOBILE MARKETING ACCEPTANCE OF VIETNAMESE RETAILERS CÁC YẾU TỐ QUYẾT ĐỊNH QUAN TRỌNG CHO VIỆC CHẤP NHẬN TIẾP THỊ DI ĐỘNG CỦA CÁC NHÀ BÁN LẺ VIỆT NAM LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH Hà Nội - 2024 ĐẠI HỌC QUỐC GIA HÀ NỘI TRƯỜNG QUẢN TRỊ VÀ KINH DOANH --------------------- VŨ TRẦN PHƯƠNG ANH CRITICAL DETERMINANTS FOR MOBILE MARKETING ACCEPTANCE OF VIETNAMESE RETAILERS CÁC YẾU TỐ QUYẾT ĐỊNH QUAN TRỌNG CHO VIỆC CHẤP NHẬN TIẾP THỊ DI ĐỘNG CỦA CÁC NHÀ BÁN LẺ VIỆT NAM Chuyên ngành: Quản trị kinh doanh Mã số: 8340101.01 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: TS. TẠ THỊ ĐÀO Hà Nội - 2024 DECLARATION The author affirms that the research findings presented in the thesis are the product of their independent labour conducted during the study and research period. Furthermore, it is important to note that these findings have not been previously published in any other research or scholarly articles The research findings and supporting materials (such as data extractions, tables, figures, formulas, and other relevant documents) obtained from other sources and utilised in the thesis have been appropriately referenced and, if necessary, permission has been obtained. The individual assuming the role of author bears the responsibility for overseeing the Thesis Assessment Committee at the Hanoi School of Business and Management, as well as ensuring compliance with the regulations outlined in the aforementioned declaration.
Hanoi, date……month….year 2024 Author i ACKNOWLEDGEMENT I would like to extend my utmost appreciation to my supervisor, Dr. Ta Thi Dao, for her invaluable guidance and unwavering support during the duration of this research endeavour. The contributions of Dr. Ta Thi Dao have been of great value, since her observations and suggestions have played a crucial role in the successful execution of this project.
I express my gratitude for the chance to have undertaken this research at the Ha Noi School of Business and Management. I have acquired a substantial amount of knowledge and skills through the guidance of my esteemed teachers and interactions with my peers. I possess a strong conviction that these acquired competencies and insights will be indispensable in shaping my prospective professional trajectory. I express my gratitude once more for your invaluable assistance and direction.
I express sincere gratitude. Author ii TABLE OF CONTENTS DECLARATION. ii LIST OF TABLES .v LIST OF CHARTS. vi LIST OF FIGURES.
Mobile marketing of retailers. Retail and retailers. Mobile marketing ecosystem. Mobile marketing of retailers.
The role of mobile marketing for retailers. Factors affecting the acceptance of mobile marketing by retailers. Mobile Marketing Acceptance. Proposing research models and hypotheses.
Scale to evaluate the factors affecting the application of mobile marketing of retailers. FACTORS AFFECTING MOBILE MARKETING ACCEPTANCE OF VIETNAMESE RETAILERS. Mobile marketing ecosystem in Vietnam. Mobile marketing service provider company.
Technology integration company. Mobile phone carrier. Mobile device consumers in Vietnam. Form of mobile marketing of retailers.
Factors affecting mobile marketing acceptance of retailers. Survey to evaluate the factors affecting mobile marketing acceptance of retailers. CONCLUSIONS AND PROPOSALS TO FURTHER MOBILE MARKETING ACCEPTANCE OF VIETNAMESE RETAILERS IN THE COMING TIME. Conclusion of research results.
Proposals to promote mobile marketing acceptance of retailers. Solutions in the technology context. Solutions in environmental context. Solutions in organizational context.
Some policy recommendations. Legal recommendations to regulate mobile marketing activities. Completing the technology and telecommunications infrastructure system for mobile marketing .81 iv LIST OF TABLES Table 1. Technology context scales.
Organizational context scales. Environmental context scales. Mobile marketing application factor scale. Spending on mobile advertising in Vietnam over the years.
Descriptive statistics of observed variables. Mobile marketing application factor scales. Summary of evaluating the reliability of the factor scale. EFA analysis results.
Statistical value of the factors. Multiple regression results .55 v LIST OF CHARTS Chart 2. Online advertising spend in some industries. Mobile Advertising Costs of Some Big Cities.
Structure of age group using Vietnamese internet in 2020. Popular apps and average usage time in Vietnam. Current mobile advertising channels in Vietnam. The most effective advertising social network in 2020 in Vietnam .40 vi LIST OF FIGURES Figure 1.
Research model of factors affecting mobile marketing applications of Vietnamese retail businesses. Mobile ecosystem in Vietnam. Ten most prestigious system integrators, software solutions and service providers in Vietnam 2021. The most visited social networks and online newspapers in 2019.
Illustration of Nutifood's SMS mobile marketing program. Illustrating the forms of advertising on TikTok. Phillips' location-based mobile marketing strategy. Motivation The increasing prevalence of mobile devices, such as internet access devices, mobile phones, and digital music players, has led to a rapid increase in their adoption and use by small businesses.
( Ma et al., 2009; Shankar et al. Mobile marketing has become more important in the retail sector. With the advantage of time and place, mobile marketing has changed the retail business model (Shankar and Balasubramanian, 2009). In the traditional retail model, consumers participate in the retail environment, so store location becomes the main competitive advantage of retailers.
Thanks to mobile marketing applications, retail businesses can reach consumers anywhere, anytime. Mobile marketing brings many benefits to retail businesses in the context of digitizing people's lives. However, retail firms have not effectively exploited mobile marketing firms in Vietnam today, but mainly direct product advertising forms such as texting, calling, inserting ads to make consumers feel uncomfortable. Mobile marketing is not just texting and contacting, but a modern and rapidly changing communication tool along with mobile technology and mobile applications.
That requires firms to have a bigger investment in technology and modern technology infrastructure. A thorough comprehension of both the theoretical underpinnings and practical applications of mobile marketing is imperative for the formulation of suitable remedies and the establishment of strategic pathways for the advancement of mobile marketing within the Vietnamese context. Marketing is one of the business functions considered one of the most promising and profitable services which can be performed effectively through mobile devices (Guo et al. In this respect, mobile media has been transformed into an important marketing medium that allows companies to establish a global electronic presence with their customers anytime, anywhere (Gao et al., 2013; Varnali and Toker, 2010; Shankar and Balasubramanian, 2009).
Research on the target audience 1 of mobile marketing activities is mentioned in the studies of Mahatanankoon et al. (2005), Okazaki (2007), Okazaki and Romero (2010), Deng et al. The target audience of mobile marketing can be segmented by mobile shopping behavior. There is a difference in finding benefits from mobile applications such as content, transactions, locations, memory support, information sharing, loyalty benefits management.
Market segmentation can be divided further based on gender, age, and cultural differences. Mobile marketing is a set of marketing communications methods that use wireless cellular technology and networks to create personalized and interactive communication between an organization and its customers, to make value for both sides (Maduku, 2016). Studies on effective implementation of mobile marketing activities are shown in the studies of Shankar and Balasubramanian (2009), Lindstrom (2011), Kaplan (2012), Brousell (2013), Barry Berman (2016), Lisa (2016). Mobile communication methods include text messaging, integrated content, WAP websites, interactive voice responses, geo-targeting, viral marketing, broadcast advertising mobile telephony, sponsorship, and direct calling (Lamarre et al., 2012; Shankar et al.
Mobile marketing by text message (SMS) is the most basic and common type (Hsu, 2014). The benefits of mobile marketing include unique interactivity allowing retail businesses to drive customer engagement, and potentially increasing the effectiveness and efficiency of their marketing communications campaigns (Ström et al. Mobile marketing is also a powerful tool to build relationships with brands, to increase brand awareness, brand attitudes, association, customer loyalty, and purchase intention. Research showed that mobile marketing helps increase service quality, perceived value, and customer satisfaction (Constantinou et al.
In affordability and targeted reach, it was often defined that mobile marketing is a great fit for SMEs. Especially most of them face weak financial backgrounds, high capital costs, and lack of expertise. Small and medium firms may use mobile marketing to attract customers by promoting, as well as using contests and polls. Furthermore, they can 2 enhance their reputation by creating a personal image through creating effective mobile websites, answering questions about their products and services, and conducting market research (Gilmore et al., 2007; Kula and Tatoglu, 2003).
Notwithstanding the increasing integration of mobile marketing within the practices of Vietnamese retailers, the scholarly examinations pertaining to mobile marketing and the willingness of retail enterprises to embrace mobile marketing applications remain notably limited. Although e-commerce on mobile applications has had strong developments, however, the e-commerce platform on mobile applications, even the mobile version of the website, has only shown clear effectiveness. evident in big cities such as Hanoi and Ho Chi Minh City. Ho Chi Minh City, but considering the general situation of the whole country, the development of e-commerce on mobile applications is still not truly synchronized in all regions.
The reason is that the rate of businesses with sales applications specifically for mobile devices is currently still at 15%, of which 71% of applications are developed for the Android platform, 43% for mobile devices. iOS platform and 40% for Windows platform and not much has changed compared to previous years (Vietnam E- commerce White Paper 2022). The rate of investment in building and operating websites/mobile applications also shows that Vietnamese businesses do not consider investing in e-commerce on mobile applications as an inevitable and vital requirement. Realizing the inevitable trend of applying mobile marketing in retail, and the necessary conditions to support mobile marketing activities, the author chooses to research the factors affecting retailers' mobile marketing.
So I choose the topic "Critical determinants for mobile marketing acceptance of Vietnamese retailers " as my graduate thesis topic. The studies mainly analyze consumer behavior towards mobile marketing. Therefore, I focus on foreign documents to complete the thesis. Research objectives - Overview of the theoretical basis for retailers' acceptance of mobile marketing activities.
3 - Analyzing the factors affecting mobile marketing acceptance of Vietnamese retailers. - Proposing solutions and recommendations to strengthen the mobile marketing application of Vietnamese retailers. Object and scope of research The object of the study is deteminants affecting mobile marketing acceptance of Vietnamese retail businesses. Research scope: In terms of space, due to time constraints and research ability, the research focuses on Hanoi city.
In terms of time, the secondary data was collected in 5 years, and the primary data was collected through the survey from November 2022 to April 2023. Research Methods This study leverages both secondary and primary data to corroborate the research findings, ensure the trustworthiness of the results, and inform the proposed solutions that will enable the attainment of the research objectives. The secondary data was synthesized from extant studies such as monographs, articles, journals, and high-impact research articles, as well as data from statistical agencies such as the General Statistics Office, on topics relevant to the study subject. The desk study method was employed to collect secondary data.
The primary data was collected through a sociological survey method with a pre-structured questionnaire through a direct phone interview and over the Internet. The number of surveys sent to managers and marketers in charge of mobile marketing was 150. The number of received surveys was 142. The number of valid surveys for analysis was 135 from 60 retailers.
When conducting research activities, the topic used popular analytical methods in economic research such as synthesis and analysis with techniques such as statistics, description, comparison, evaluation, quantitative analysis, etc. The primary data was updated, processed, and calculated through Excel and IBM SPSS 25.0 software, then retrieved and reported.