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Dissertation
Barriers to involvement in collaborative consumption: a case study of Wibee
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Year: 2016 Publisher: Liège Université de Liège (ULiège)

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Collaborative consumption is growing and has become a hot topic, as it is developing in terms of innovation and market shares. However, while observing the functioning of sharing platforms, we noticed that there are two kinds of users: those who share their belongings with others and those who enjoy the temporary access to these goods. By looking closely at the distribution among these users, we came to the conclusion that only a small percentage of them actually share their possessions.&#13;&#13;The aim of this study is to identify barriers to involvement in CC. By involvement, we mean sharing one’s goods through a CC platform. &#13;Through a case study of Wibee, we will try to understand why people would be reluctant to share their own goods with others through a literature review, an exploratory research and a conclusive research. When trying to identify barriers, we will inevitably talk about drivers to involvement in CC, in opposition to those. In this paper, we will also consider that drivers and barriers to participation in CC are part of what has to be studied. Indeed, if one is not willing to join a platform, neither will he be prone to share his belongings.&#13;&#13;Finally, recommendations for the company will be formulated to help overcome the barriers identified, still in the specific case of Wibee, and a conclusion will help generalise those drivers and barriers to CC as a whole.


Dissertation
Thinking about the creation of a strategic platform for biotech companies presenting synergies in the same value chain
Authors: --- --- --- ---
Year: 2016 Publisher: Liège Université de Liège (ULiège)

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Nowadays, more and more innovative and great entrepreneurs decide to take action and to launch their company. However, it is not always easy for those lonely SMEs to stand out from the crowd and some companies, naturally, encounter difficulties to do so. It is particularly the case for companies from the biotech sector which is a highly competitive environment.&#13;&#13;Realising my internship at AmplyCell which is in a young and promising company from the biotech sector, the purpose of this thesis is to provide the thinking about the creation of a strategic platform for biotech companies presenting synergies in the same value chain. This report must answer if the implementation of an alliance, in which AmplyCell would belong to provide its technology and develop its activity, is viable and interesting.&#13;&#13;The approach to do so is divided in 3 phases. First, a qualitative study is led to understand how existing platforms and alliances are currently working to seek inspiration. Then, a quantitative study is conducted through the help of a survey directed to potential customers in order to understand the needs of the market. A final research is conducted again on potential clients for a deeper understanding of the results of the survey and also on potential partners to get their personal views regarding this partnership implementation.&#13;&#13;Searches were successful. This kind of platform usually leads to consortium agreement which is a written document in which all members define the rules of the partnership, the way those rules are defined is discussed in the thesis. This report also identifies the ideal target for the platform as well as some future prospects to ensure continuity of this one and to be always one step ahead of competition. Regarding potential partners, the interest is global as they strongly believe there is no interest to stay alone when it is well known that unity makes strength.&#13;&#13;To conclude, create such a platform is not an easy task. Even with the progress already realised, it takes a lot of time to achieve this with the search for partners, negotiations, first steps, etc. But the doubt is now raised regarding the feasibility and the potential that represents the creation of this strategic platform.


Dissertation
How does the advertisers-bloggers relationship work ? An exploratory research
Authors: --- --- ---
Year: 2016 Publisher: Liège Université de Liège (ULiège)

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The Web 2.0 and social media have substantially modified the way the brands promote their products and services. Today’s consumers readily turn themselves towards the product recommendations of their peers, to the detriment of traditional media and supports. As a result, the fashion bloggers increasingly collaborate with brands that are interested in the way they disseminate their influential opinions within their Web communities. &#13;In this context, our exploratory research aims at better understanding how the partnerships between Belgian fashion brands and bloggers materialise. We explore the factors leading the Belgian brands to collaborate with such influencers, and vice versa. The issues to which the brands and the bloggers are confronted in the context of their collaborations, as well as the current trends of the fashion blogosphere, are also addressed. Our work starts with a review of the current literature. Then, the interviews of six Belgian amateur fashion bloggers and three representatives of Belgian fashion brands allow us to go further in our analysis and to present the situation in Belgium in 2016. &#13;While the brands usually take the initiative to reach the bloggers, we discover that the latter do no hesitate to reach the brands spontaneously. The Belgian brands we interviewed tend to leverage blog marketing actions that fit their strategy, although the return on investment of such activities remains difficult to compute. On the other side, we find that the bloggers are quite transparent towards their readers when it comes to their collaborations with brands. In such contexts, our study highlights the importance of the interest of the bloggers towards the brands and their desire of remaining unpressurised. Moreover, we find that those bloggers are driven by their passion for writing and other needs they use to satisfy through their blog. In addition, we show that those writers can be motivated by the incentives they receive from the brands, including free products or invitations to events. Our results suggest the importance to approach them properly and the need to foster close relationships being sustainable and mutually beneficial. Eventually, we address the legislative blur surrounding the blog marketing practices in Belgium. In terms of fashion blogging trends, we highlight the importance of the mobile social media Instagram and Snapchat; more instantaneous and easier to browse compared to the blogs, they seem particularly appreciated by the followers.


Dissertation
Jump into the negative enjoyment
Authors: --- --- ---
Year: 2016 Publisher: Liège Université de Liège (ULiège)

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Nowadays, the negative enjoyment stays a concept which is still unknown for many people and companies. Contrary, customer satisfaction importance is commonly recognized, thanks to the profits it can generate for companies. In this domain, positive emotions’ impact on satisfaction is often acknowledged. But much less is known about the influence of negative emotions or they are often simply perceived as negatively impacting the satisfaction. Furthermore, companies have still more to face strong competition in a fast-moving world. In this context, companies need more than ever to differentiate themselves and find ways to increase their profits. Better understand customer satisfaction and how to provide him or her a better customer experience, in surfing on the wave of the hedonist market trend, seems thereby really interesting for companies. The negative enjoyment seemed thereby still to be an understudied concept, which could allow customers to experience satisfaction thanks to negative emotions. This is why, this topic was interesting from both managerial and scientific perspectives. &#13;&#13;To approach this topic, we designed an exploratory study, as an initial research, with as purpose to make a first step in the investigation of this new and ambiguous domain of research. &#13;&#13;To lead this research, we had defined a qualitative research designed based on two coupled methodologies, namely the CIT and functional methods and two collection data tools, namely the interviews and field observations. &#13;&#13;We have defined the following managerial question: “How could marketers, from the customer point of view, create a better customer experience in hedonic services aiming to elicit negative emotions?” And a related research question: “How could negative emotions lead to customer satisfaction?” And two propositions to investigate our topic. Namely, the “Fear is a negative emotion that can generate customer satisfaction” (P1). And our second proposition was that “Negative emotion arising from extraordinary experience can be the source of customer satisfaction” (P2). &#13;&#13;We partially reached our objectives. Firstly, from a managerial point of view, we discover that companies could use the negative enjoyment as an effective differentiation tool. They could generate a better customer experience in generating customer satisfaction in using the negative enjoyment in specific contexts such as in extraordinary experiences. Secondly, from a scientific point of view, we have refined the problem and made some first findings, explaining that the customer could experience satisfaction thanks to negative enjoyment if his emotional expectations were full filled even if these ones were based on negative feeling. But a lot remains to be learned.


Dissertation
Selection, evaluation and comparison of six email service providers for a digital agency to recommend to its clients
Authors: --- --- --- ---
Year: 2016 Publisher: Liège Université de Liège (ULiège)

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It is clear that during the last few years, there has been an increase in the email complexity. However, an element that remained constant is the effectiveness of Email Marketing as a Digital channel. Indeed, it is still one of the best in terms of ROI but if marketers want to succeed in today’s Email Marketing, they need to produce well designed and extremely personalised emails, almost like a one-to-one communication with each of their subscribers. One of the tools that can help them in achieving such effectiveness is an Email Service Provider. Unfortunately, it is not an easy task to find one that perfectly match their needs due to the number of platforms available on the market.&#13;To conduct this project, I first started by selecting the platforms and then defined specific criteria on which I would compare them. In this evaluation process, five main criteria (“Platform”, “Features”, “Integration”, “Support” and “Pricing”) and multiple sub criteria were considered. A decision matrix was later used to evaluate and rank the six platforms. The data needed to fill the matrix were gathered by two surveys.&#13;The first survey was sent to Email Marketing experts to collect the weights of importance of each criterion. A total of 34 experts answered the survey and provided me with weights that I considered as industry “default”. The second survey was sent to users to obtain the ratings of the selected platforms and 44 of them answered the survey. I believe the use of multiple experts and users helped me get different viewpoints and experiences and therefore, reduced my single- person opinion.&#13;The combination of the two inputs resulted in a weighted score attributed to each ESP. This long process helped me find the strengths and weaknesses of the different platforms and gave me essential information about which one could fit what type of clients.


Dissertation
Impact of consumer barriers on the adoption of innovation : the case of carsharing
Authors: --- --- ---
Year: 2017 Publisher: Liège Université de Liège (ULiège)

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The sharing economy, which is “built on using and sharing of products and services among others” (Puschmann and Alt, 2015), is a growing technological phenomenon that deserves the attention of both managers and researchers. Although people’s motivations to join the collaborative consumption are numerous (e.g. economic gains and sustainability), it remains challenging for firms to convince customers to use access-based services. Prior studies offer limited understanding of the barriers that can block consumers’ intention to adopt a service; therefore this thesis seeks to bring more knowledge on the topic. The author, after the literature review, collected some data and performed different analyses to assess the relative importance of the barriers identified in previous studies, in a car sharing context. Following the results, managers are provided with recommendations and the findings are discussed in regards with the previous literature. &#13;We found that, according to the adoption stage, perceived barriers may differ. &#13;In a car sharing context, it appears that the scarcity risk and the difficulties associated with the self-service technology are influencing the intentions of both potential and actual users. &#13;However, only people without previous experience are impacted by the trust barrier, the proximity of the station and one’s responsibility, whereas experienced people are impacted by the performance of the car and the contamination issue. Therefore the use of a service and the experience that comes with it does not prevent consumers from perceiving barriers.


Dissertation
Le nouveau régime belge de taxation de l'économie collaborative, un tremplin à l'entrepreneuriat ?
Authors: --- --- ---
Year: 2017 Publisher: Liège Université de Liège (ULiège)

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During the last decade, the economy has been disrupted. The technological breakthrough and the recession of 2008 led to the emergence of the collaborative economy. This new phenomenon is facing a shadow area regarding taxation. However, a European goal is to abolish the undeclared work. To answer this query, the Belgian government implemented a new tax regulation on the collaborative economy in July 2016.&#13;Besides this objective, the European Commission is also willing to strengthen entrepreneurs. This aim is also supported by the Belgian government. The increase of entrepreneurs will drive up the number of self-employment. This will boost the employment and therefore economic growth. This new regulation has been created to improve processes and obligations with respect to entrepreneur’s taxation. Nevertheless, a new regulation or a new change always has consequences. Questions related to unfair competition, social protection, and treatment of unemployed workers will be raised.&#13;This master thesis aims to answer the question: “The new Belgian taxation of sharing economy, a springboard to entrepreneurship? ”. This question will be assessed theoretically. Most aspects and consequences will be studied. In this part, a quick review of the actions taken by other countries regarding taxation of the collaborative economy will be carried out. Afterwards, the opinion of several experts will be enquired. The final objectives are, first, to reconcile the theoretical and practical parts, second, to provide an overview of the current state of the collaborative economy and its entrepreneurship development’s goal, and finally to set guidelines and perspectives regarding the future.


Dissertation
Muslim consumer behaviour in Islamic finance in Belgium : a study of the decision-making factors for an islamic bank over a conventional bank in a non-muslim country
Authors: --- --- ---
Year: 2018 Publisher: Liège Université de Liège (ULiège)

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The non-existence of Islamic bank in Belgium might make us wonder: what would Muslims in&#13;Belgium think if one Islamic bank decides to open an office in Belgium? What would be the&#13;determinant factors that potential customers would use if they wanted to adopt Islamic banking&#13;services?&#13;The aim of this thesis is to answer these questions. In order to do that, the relevant literature is&#13;reviewed in order to identify important decision-making factors from prior studies. After having&#13;identified these factors, a preliminary qualitative study is carried out to check if there are other&#13;influencing factors that were not found in the literature. This qualitative study is in the form of&#13;in-depth interviews with 10 people.&#13;Then, with the results of the literature review and the qualitative study, hypotheses will be tested&#13;with the means of a quantitative study in the form of an online questionnaire. Six determinants&#13;factors will be tested, these are: religious beliefs, quality of services, image, subjective social&#13;norms, perceived ease of use and perceived utility. Multiple linear regression analysis will&#13;determine which factors have a significant impact on the intention to use Islamic banking&#13;services.&#13;Thanks to this analysis, managers as well as ourselves will see what are the chances of Islamic&#13;banking in Belgium and what needs to be done in the future so that the demand of Islamic banks&#13;in Belgium is met.


Dissertation
New business models, which create markets, disrupt markets, shift product-market boundaries, and alter competitive structure
Authors: --- --- ---
Year: 2018 Publisher: Liège Université de Liège (ULiège)

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The purpose of this paper is to analyse all aspects linked to the new business models which create markets, disrupt markets, shift product-market boundaries, and alter competitive structure. Traditional companies are facing these new entrants which create new competitive dynamics that threaten the bottom lines of incumbents. &#13;&#13;In the first part, the characteristics of these new business models are detailed. Disruption, disintermediation and dematerialization represent the difference between the linear and new business models. These features allow the value chain to be reduced and transformed: linear companies no longer have the control of the entire value chain. The reconfiguration of the value chain is not the only factor to take into account. Indeed, new entrants have totally changed the way people consume because they understood that customer’s behaviour is changing over time. Being customer-centric by following an “Outside-In” approach is the key to succeed. Environmental threats and opportunities (innovation, digitalization, regulation, etc.) must be taken into account as they interact with the existing organizations to avoid business model obsolescence or less profitability. Investing in a digital transformation is therefore a necessity to help counter these new entrants and to improve the customer journey, allowing customers to experience unique and personalized experiences. However, investing in social networks only is not enough.&#13;&#13;Then, a special focus on the hospitality sector is described. In the second part we assess the potential impact Airbnb may have on independent hotels and hotel chains. The Airbnb platform is based on the collaborative economy that has effects on technologic, economic and social dimensions. Moreover, the aim of Airbnb is to possess the end-to-end travel experience of its users. This value proposition represents the strength of the business model which is designed with new technologies. Traditional hotels, whose business models are based on a linear model, need to strengthen their position in the minds of customers, by for example simplifying the online booking procedure, emphasizing how the hotel experience is different from the others or by helping guests find local and authentic experiences. The hotel chain AccorHotels understood the importance of a digital transformation to conquer the customer. In summary, three different case studies are described to explain how new business models are disrupting market.


Dissertation
Le repositionnement des constructeurs automobiles à l'heure des révolutions sociétale, écologique, digitale et technologique
Authors: --- --- ---
Year: 2017 Publisher: Liège Université de Liège (ULiège)

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Mobility is one of the most debated topics of the 21st century. Not only because of traffic congestion or pollution, but also to have several means of transport co-existing efficiently. Every person, which has to move from point A to point B is confronted with the question about how to get or travel to its destination.&#13;As it appears, the personal car is the most frequent answer given to it.&#13;But nowadays increased urbanization and the scheme of an individualistic society have come up with another issue, namely an increased number of cars in city centres, making it hardly possible to move along. Other solutions must be found.&#13;And they are! New market players and replacement products, but also legislation and political influences in states or cities have brought up many different solutions to the increasing issue of mobility.&#13;What about the car industry? Do all these different solutions pose a threat to it, will the car soon be out of fashion, and lose its emotional rationales, sticking at functional aspects and becoming a mean of transport among many others? Will the car industry just become one of many suppliers of a greater mobility industry?&#13;Adaptation is needed by car manufacturers to accommodate with their changing environment, and therefore, greater understanding is needed. On the one hand, firms need to consider the elements of their changing environment. On the other hand, an understanding of consumer expectations towards brands’ positioning in the industry is also required. Adjustment is key to gain or keep a competitive advantage.&#13;Through a descriptive research and a quantitative study (N=303) seeking at positioning brands toward an actual and future situation, this research aims at describing the disruptive elements car manufacturers need to be aware of when promoting their cars to consumers.&#13;The results show a rather undifferentiated positioning, with premium brands getting better perceptions scores on the elements tested. It appears also that evaluating brands differ significantly depending on age, and on the relationship that respondents have, to the assessed brand.&#13;Finally, the results suggest a deeper focus on environmental and technological issues in the adjustment of future strategies in the car industry.

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