Investigating the Relationship between Brand Equity, Brand Loyalty and Customer’s Satisfaction (Case Study: Restaurants in Rasht City) (original) (raw)

Developing Brand Equity Model Based on CBBE Approach to Establish Customer Satisfaction and Loyalty in Tehran's chain stores

The real value is not inherent in the product or service; rather, it is the brand that is associated with the real value in customers' minds. Increasing competition has resulted in more attention to the specific value of the brand, particularly from the viewpoint of the customers. The reason is that their success depends upon attracting and keeping customers. In this context, customer satisfaction and loyalty and identifying influential factors are of great importance. Customer satisfaction and loyalty indicates positive attitude and commitment of the customer toward brand and their buying intention in future. In this study, Keller's constructs of the pyramid of brand equity, including brand salience, brand performance, brand imagery, brand judgments, brand feelings, and brand resonance, are investigated and their relations with brand equity, as well as their effect on customer loyalty and satisfaction in ETKA chain stores are determined. The statistical population of the present study is all customers of ten main branches of ETKA chain stores in Tehran. The data were collected by administering questionnaire. The population consisted on 385 randomly selected individuals. The research hypotheses were tested through Structural Equation Modeling and the final model was confirmed. The findings of the study revealed that only the relationships between brand imagery and customer loyalty, and brand resonance and brand equity were not significant, and all other relationships were significant. Also, fit indices obtained for the conceptual model refer to the high validity of the model in explaining the relations among variables.

The Effect of Brand Characteristics on the Loyalty of Customers of Food Brands in Mashhad City (The study of Shahsavand, Tabarok, and Zoshk brands)

2016

Given the plurality of factors affecting the customer's loyalty in the marketing management literature, one of the most important issues that brand managers are today faced is a better perception of the relationship between brand and customers' loyalty. Compared to non-loyal customers, loyal customers are less sensitive to increasing price of their desired brands, and so, brand owners can earn more income from this type of customers. Therefore, paying attention to the relationship between brand characteristics and customer loyalty is a leverage that the managers can implement under critical conditions as a competitive advantage. The main issue of the current study is to determine the factors affecting the customers' loyalty and their intensity in food industry brands. To do so, this study investigated the effect of five factors of satisfaction, resistance to change, feelings towards brand, trust, and brand equity on behavioral and attitudinal loyalty of food products cus...

A study on relationship of brand characteristics and customer satisfaction with brand loyalty

Management Science Letters, 2013

Brands are considered as valuable assets of a company both economically and strategically. Thus, having customers who are loyal to a brand is one of the main goals of businesses companies. Identifying and anticipating the customers' needs are vital to the enterprises gaining competitive advantage and market segmentation. Maintaining and enforcing customers' loyalty is a strategic challenge for companies seeking to keep and promote their competitive status in the market. High brand loyalty of the customers generates competitive advantage for the company and it increases the income and decreases the costs of marketing. In addition to increasing the market share, loyalty allows to ask for higher prices compared with its competitors. This study seeks to investigate the factors influencing customer loyalty to sport brands. The statistical population of this research was Tehran city. Using simple cluster sampling, 502 customers of four known brand sports, i.e. Nike, Puma, Adidas, Reebok, and Fila were chosen. Furthermore, a questionnaire, which assessed seven variables including reputations, brand name, brand image, brand loyalty, customer satisfaction, promotion and the price was used and the hypotheses were analyzed using statistical tests such as Kolmogorov-Smirnov test (K-S test), Spearman correlation, simultaneous linear regression and binomial test. The findings suggested that the brand name has a strong correlation with brand loyalty. Moreover, variables such as reputation, brand image, customer satisfaction, price and promotions also have positive and significant effect on the brand loyalty.

Brand equity, brand loyalty and consumer satisfaction

Annals of Tourism Research, 2011

This study aims to investigate the mediating effects of consumer satisfaction on the relationship between consumer-based brand equity and brand loyalty in the hotel and restaurant industry. Based on a sample of 378 customers and using structural equation modelling approach, the five dimensions of brand equity-physical quality, staff behaviour, ideal selfcongruence, brand identification and lifestyle-congruence-are found to have positive effects on consumer satisfaction. The findings of the study suggest that consumer satisfaction partially mediates the effects of staff behaviour, ideal self-congruence and brand identification on brand loyalty. The effects of physical quality and lifestyle-congruence on brand loyalty are fully mediated by consumer satisfaction. Keywords: brand equity, customer satisfaction, brand loyalty. Ó

The Impact of Brand Equity on Brand Loyalty: The Mediating Role of Customer Satisfaction

The study investigates the impact of brand equity on brand loyalty with the mediation of customer satisfaction in restaurant sector of Lahore, Pakistan. The study uses seven dimensions of brand equity, which include physical quality, staff behavior, ideal self-congruence, brand identification, life style-congruence, trust and environment. Questionnaire has been used to collect the data from the customers using restaurants as a choice for their food demand. The data has been collected from 400 respondents and analyzed through SPSS and AMOS. All hypotheses have been supported except last hypothesis which has been partially supported. The effect of life style-congruence and environment has not been fully mediated by customer satisfaction and has proved insignificant, therefore these two variables have been dropped from modified model fit. It has found that the effect of physical quality, staff behavior, ideal self-congruence, brand identification and trust on brand loyalty has been fully mediated by customer satisfaction in case of Lahore. The study will enable the managers to change policies and to train the staff so they can satisfy the customers which in turn would make customers loyal with the organization. The study is limited only to the fast-food restaurants situated in the city of Lahore only. Future studies can be conducted across different type of businesses and cultures. This paper provides a basis to study the effect of trust on brand loyalty with mediation of customer satisfaction and offers practical help for managers to train employees which could enhance customer satisfaction and loyalty.

The Effect of Consumer-Based Brand Equity and Satisfaction on Loyalty: An Empirical Study

Jurnal Economia, 2019

Economic growth in Indonesia encourages the growth of many industries. Specifically, the food and beverage industry has grown significantly in Indonesian economics. Coffee shops with foreign or local brands are growing and competing for having customer loyalty. Many research has been conducted to examine customer loyalty in a particular coffee shop. However, little research has been focused on comparing both local and foreign brand names of the coffee shop. The comparative study is needed to understand whether foreign or local brand names matter in predicting both customer satisfaction and loyalty. This research uses a quantitative paradigm using descriptive research type. The object of research is Starbucks (foreign brand) and Djournal Coffee (local brand). Data were collected through questionnaires distributed by applying judgemental sampling. Data analysis was conducted by using structural equation model (SEM). In this study, there are two unsupported hypotheses namely (1) the relationship between the ideal self-congruence and customer satisfaction, and (2) the relationship between brand identification and customer satisfaction. The study also provides theoretical contributions, managerial implications and suggestions for further research.

The Effect of Consumer-Based Brand Equity and Satisfaction on Loyalty: An Empirical Study The Effect of Consumer-Based Brand Equity and Satisfaction on Loyalty: An Empirical Study

Jurnal Economia, 2019

Economic growth in Indonesia encourages the growth of many industries. Specifically, the food and beverage industry has grown significantly in Indonesian economics. Coffee shops with foreign or local brands are growing and competing for having customer loyalty. Many research has been conducted to examine customer loyalty in a particular coffee shop. However, little research has been focused on comparing both local and foreign brand names of the coffee shop. The comparative study is needed to understand whether foreign or local brand names matter in predicting both customer satisfaction and loyalty. This research uses a quantitative paradigm using descriptive research type. The object of research is Starbucks (foreign brand) and Djournal Coffee (local brand). Data were collected through questionnaires distributed by applying judgemental sampling. Data analysis was conducted by using structural equation model (SEM). In this study, there are two unsupported hypotheses namely (1) the relationship between the ideal self-congruence and customer satisfaction, and (2) the relationship between brand identification and customer satisfaction. The study also provides theoretical contributions, managerial implications and suggestions for further research. Abstrak: Pertumbuhan ekonomi di Indonesia mendorong pertumbuhan banyak industri. Secara khusus, industri makanan dan minuman telah tumbuh secara signifikan dalam ekonomi Indonesia. Kedai kopi dengan merek asing atau lokal tumbuh dan bersaing untuk memiliki loyalitas pelanggan. Banyak penelitian telah dilakukan untuk menguji loyalitas pelanggan di coffee shop tertentu. Namun, sedikit penelitian yang difokuskan untuk membandingkan nama merek lokal dan asing dari coffee shop. Studi perbandingan diperlukan untuk memahami apakah nama merek asing atau lokal penting dalam memprediksi kepuasan dan loyalitas pelanggan. Penelitian ini menggunakan paradigma kuantitatif dengan menggunakan tipe penelitian deskriptif. Objek penelitian adalah Starbucks (merek asing) dan Djournal Coffee (merek lokal). Data dikumpulkan melalui kuesioner yang didistribusikan dengan menggunakan judgemental sampling. Analisis data dilakukan dengan menggunakan pemodelan persamaan struktural (SEM). Dalam penelitian ini ada dua hipotesis yang tidak didukung yaitu (1) hubungan antara kongruensi diri yang ideal dan kepuasan pelanggan dan (2) hubungan antara identifikasi merek dan kepuasan pelanggan. Studi ini juga memberikan kontribusi teoritis, implikasi manajerial dan saran untuk penelitian lebih lanjut. Kata kunci: ekuitas merek, kepuasan konsumen, loyalitas merek, SEM PENDAHULUAN Food and beverage industry continues to grow in Indonesia. Data provided by the Ministry of Culture and Trade on the Association of Indonesian Food and Beverage Entrepreneurs (GAPMMI) stated that the national food and beverage industry continued to show positive performance by growing to 9,82% or Rp192.69 trillion in the third quarter of 2016. Specifically, food and beverage industries in Indonesia in recent years are coffee and coffee processing products that show an increase every year (Rasmikayati et al., 2017).

The Influence of Brand Equity on Customer Loyalty in Starbucks Chain in Jordan

2021

The present study seeks to discover the influence of brand equity on customer loyalty in Starbucks Chain in Jordan. The researcher adopted the quantitative research methodology and used a questionnaire as the data collection tool. The study population consists of )130( employees in the Starbucks Chain in Jordan, the researcher distributed the questionnaire to all employees from different levels in the all chain branches with a total of (23) branch, in order to obtain the best response rate, and was retrieved (107) questionnaires with a (80.3%) response rate. The results of the study exposed that the customer loyalty is significantly and positively affected by the overall brand equity and by each of its two studied dimensions. While effects of the overall brand equity (R 2 = 0.710) and brand awareness (R 2 = 0.672) on customer loyalty are close, effect of brand image is the lowest (R 2 = 0.440). Effect of the overall brand equity (R 2 = 0.710), defined as the sum of these two variabl...

International Review of Management and Marketing Brand Equity and Brand Loyalty: New Perspective

2016

Several studies have examined the antecedents of brand loyalty, whereas little research mentioned in political marketing context. This research empirically aims to investigate the relationship between multi dimensions of brand equity and loyalty to party brand among Jordanian voters in order to address the mixed results in earlier researches and to close this gap in literature of marketing. The research applies Partial least squares structural equation modeling (PLS-SEM) techniques to a sample of 208 voters to test hypothesized relationships. Interestingly, the findings show that there is a positive support for two of hypotheses, meanwhile the others rejected.

Investigation of the Factors Influencing on Iranian Customers Buying Behavior: Role of Managing Brand Equity

2014

In present competitive global market, brand equity concept is considered as one of the most important strategic factors in marketing; Thus, the purpose of this paper is to investigate the effects of corporate ability association and brand awareness on brand price flexibility, brand extensibility and repurchase intention of Iranian customers by considering the roles ofproduct quality perception and brand association.In this survey-descriptive study on the basis of random classified sampling, the required information was obtained from 385 students using a valid and reliable questionnaire and structural equation modeling was used for analysis of data and test of hypotheses and the results suggest that the variables mention has effected to process purchase. Results of present research showed that using corporate ability association as a strategic tool can contribute to brand structure, brand equity and brand perception. Also it leads to improved evaluation of brand financial performance...