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Subhani, Muhammad Imtiaz and Osman, Ms. Brand awareness remains fundamental to consumer life as the interaction initiation point to the brands. For practicing managers and marketers it is important to note that there is a need to update their understanding of the nature and role of brand awareness on convenience products which has random switch purchase behavior and low-involvement.
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Increasing competition has motivated and compelled businesses across industries to develop strategies aiming at retaining customers for profitable growth. Brand played a significant role in enhancing the competitive position of firms, because consumers confer an added value to products or service with high brand value [ Pappu and Quester, ; Alkhawaldeh and Eneizan, ]. Business organizations across all sectors are desirous of offering a strong brand that will create a long lasting impression in the minds of their customers and because of that they may enjoy sustainable competitive advantage. Aaker [] argued in favor of a consumer-based approach of brand equity and maintained that only if there is value for the customer, will there be value to the organization. The notion of brand equity is progressively widespread and has given credence to the position advocated by researchers and practitioners that brands are one of the most treasured assets that a business has. The value of a brand is deeply-rooted in the hearts and minds of customers and is therefore, a fundamental factor in the study of consumer buying behavior [ Jing et al. According to Keller [] , brand equity is the differential effect of brand knowledge on consumer response to the marketing of the firm product or service.
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More details. Cover Image. Brand equity: a perspective on its meaning and measurement. Rajendra K. Srivastava ; Allan D. Shocker. Year of publication:
Proceedings of the World Marketing Congress pp Cite as. The author presents a theoretical model of brand loyalty and brand equity. Brand equity is postulated to be a consequence of the degree of brand loyalty.
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Analytic approaches to product and marketing planning : The second conference. Srivastava, Rajendra K. Shocker, Allan D. A marketer's view of competition and antitrust law. Publications Events.
Brand equity is very important to marketers of consumer goods and services. Brand equity facilitates in the effectiveness of brand extensions and brand introductions. This is because consumers who trust and display loyalty toward a brand are willing to try to adopt brand extensions.
Позади закрылась дверь лифта, и она осталась одна в пугающей темноте. В окружающей ее тишине не было слышно ничего, кроме слабого гула, идущего от стен. Гул становился все громче. И вдруг впереди словно зажглась заря.
Он был законченным компьютерным маньяком.
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Provides an overview and synthesis of the brand equity research stream. This resource is not available online. Please request a PDF file at [email protected] Topics.
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