Effect of Cultural Factors on Marketing Strategies: A Study of Cosmetic Brands in Lumbini Province
Keywords:
consumer behavior, cultural characteristics, cosmetics business, marketing, Hofstede’s CulturalAbstract
Nepal's cosmetics business has grown rapidly in recent years. In addition to a broader number of companies, social media has changed how people find and discuss items, and personal grooming is becoming more popular. It is commonly recognized that changes have made conventional marketing harder for cosmetic firms. Items popular in one market may not appeal to buyers in another market in terms of beauty, trust, familial influences, social status, tradition, and quality. This is particularly true for appearance-conscious people. This study examines how five cultural dimensions individualism versus collectivism, power distance, uncertainty avoidance, masculinity versus femininity, and long-term orientation affect Lumbini Province's cosmetics industry's marketing strategies.
This quantitative study examined 150 marketing experts' replies. These comprised managers, brand executives, and advertising experts. Analyzes included descriptive statistics, reliability testing, Pearson correlation, and multiple regression after a standardized questionnaire collected the data. The regression model explained 45% of the variation and was statistically significant for marketing strategy preferences (R² = .450; adjusted R² = .431). Power Distance (β = .274, p < .001), Uncertainty Avoidance (β = .261, p < .001), Masculinity vs. Femininity (β = .209, p = .003), and Long-Term Orientation (β = .201, p = .009) had several environmental benefits. A study discovered a positive correlation between Individualism and Collectivism; however, it was not statistically significant (β =.089, p =.190). Even after considering other factors, this remained true. The discovery suggests that cosmetic companies can improve their marketing strategies by building trust and credibility, removing consumer confusion, providing societal value and benefits, and focusing on long-term effects.
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Copyright is held by Research Management Cell, Butwal Multiple Campus