Author
Ms. Selvi P, Dr. Fathima Thabassum N
Keywords
Digital Marketing, Mutual fund Investment, demographic factors, Investment Decisions, Return on Investment.
Abstract
The encroachments in technology have shrunk numerous barriers in the path of business, benefiting both businesses and consumers by augmenting their spending experiences. The upsurge of digital advertising within financial service sectors has abridged the process for mutual fund companies to connect with a broader assortment of investors and has also made it much more convenient for potential investors regarding the accessibility of information. Against this background, the primary aim of this paper is to explore the influence of Digital Marketing on investors’ Mutual Fund Investment Decisions and subsequently determine the key demographic factors that affect online investments.
References
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[4] Dhawan, D., & Mehta, S. K. (2019). Saving and investment pattern: Assessment and prospects. ACRN Journal of Finance and Risk Perspectives, 8(1), 123–132. https://doi.org/ 10.35944 /jofrp.2019.8.1.008
[5] Econometrics, A., & Development, I. (2012). PUZZLE. 12.
[6] K J, A., & P S, A. (2015). Saving and Investment Behaviour – Review and an agenda for future research. Contemporary Commerce Review, 4(September), 43–73. http://papers.ssrn. com/sol3/papers.cfm?abstract_id=2665305
[7] Kimbonguila, A., Matos, L., Petit, J., Scher, J., & Nzikou, J.-M. (2019). Effect of Physical Treatment on the Physicochemical, Rheological and Functional Properties of Yam Meal of the Cultivar “Ngumvu” From Dioscorea Alata
[8] L. of Congo. International Journal of Recent Scientific Research, 10(D), 30693–30695. https://doi.org/10.24327/IJRSR
[9] Korkeamaki, T., Puttonen, V., & Smythe, T. (2007). Advertising and mutual fund asset flows. International Journal of Bank Marketing, 25(7), 434–451. https://doi.org/ 10.1108 /02652320 710832603
[10] Kotler. (2017). Marketing Management.
[11] Ladner, R. (2012). The Influence of Celebrity Endorsements on Stock Prices. International Journal of Latest Trends in Finance & Economic Sciences, 2(3), 238–243.
[12] Lee, T. D., Yun, T. W., & Haley, E. (2013). Effects of mutual fund advertising disclosures on investor information processing and decision-making. Journal of Services Marketing, 27(2), 104–117. https://doi.org/10.1108/08876041311309234
[13] Mishra, S. J., Munmunmohanty, & Sahoo, S. C. (2017). Impact of Celebrity Endorsement on Consumers Purchase Intention. Asian Journal of Research in Business Economics and Management, 7(8), 402. https://doi.org/10.5958/2249- 7307.2017.00153.0
[14] NGUYEN, N. T. (2021). The Influence of Celebrity Endorsement on Young Vietnamese Consumers’ Purchasing Intention*. Journal of Asian Finance, Economics and Business, 8(1), 951–960. https://doi.org/10.13106/jafeb.2021.vol8.no1.951
[15] Omorodion, O., & Osifo, S. J. (2019). Celebrity Endorsement and Consumer Purchasing Behavior among Students of the University of Benin: A Case Study of the Nigerian Telecommunication Industry. 4(1), 18–32.
[16] Sharma, P. and R. R. (2018). Influence of Advertisement Appeals on the Investment Decisions of Investors in India.
[17] Journal of General Management Research, 5(2), 16–27.
[18] Ohanian, R. (1990). Construction and validation of a scale to measure celebrity endorsers’ perceived expertise, trustworthiness, and attractiveness. Journal of Advertising, 19(3), 39- 52.
[19] Ohanian, R. (1991). The impact of celebrity spokespersons’ perceived image on consumers’ intention to purchase. Journal of Advertising Research, 31(1), 46-54.
Received: 02 June 2024
Accepted: 30 July 2024
Published: 03 August 2024
DOI: 10.30726/ijmrss/v11.i3.2024.11310