Leveraging Underdog Positioning and Consumer Trait Agreeableness for Sustained Marketing Strategy

Bangwool Han, Agung Yoga Sembada and Lester W. Johnson
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Bangwool Han: Department of International Trade, College of Commerce, Jeonbuk National University, Jeonju 54896, Korea
Agung Yoga Sembada: Department of Management and Marketing, Swinburne University of Technology, Hawthorn, VIC 3122, Australia
Lester W. Johnson: Department of Management and Marketing, Swinburne University of Technology, Hawthorn, VIC 3122, Australia

Sustainability, 2021, vol. 13, issue 23, 1-14

Abstract: Independent and small businesses often rely on underdog positioning strategies to gain market share against larger and more established companies. However, the effectiveness of these strategies remains unclear. The current study aims to investigate how different consumer personalities may influence their responses towards underdog positioning strategies. Two experimental studies with U.K. consumers (n = 349) show that the relationship between underdog status and positive attitudes is not as straightforward as previously believed. The research uses the lens of self-efficacy theory and found that underdog status positively correlates with perceived effort, consumer preference, and willingness to commit only among consumers with high trait agreeableness. In other words, although consumers generally acknowledge the efforts exerted by underdog providers, our study found that only agreeable consumers are more likely to reciprocate these efforts with increased positive attitudes. These findings contribute to the growing literature that examines the efficacy of the underdog effect. Subsequently, the findings have strong implications in ensuring the sustainability of small businesses by ensuring that marketing spending is optimized to target only the most effective consumer segments.

Keywords: underdog positioning; big five; experimental design (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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