The Effect of Brand Equity on Consumer Behaviour: With Special Reference to Durable Products
Journal: Business, Management and Economics Research (Vol.1, No. 1)Publication Date: 2015-05-29
Authors : Alaka Samantaray;
Page : 6-13
Keywords : Brand awareness; Brand image; Perceived quality; Brand association; Brand loyalty.;
Abstract
The strong brand equity value has turned into an exceptionally critical element that influences customers’ behaviour of a brand. Success brand management climbs from understanding and overseeing brand equity fittingly to create the characteristics that will impact customers’ behaviour when settling on their decisions. The study makes use of primary and secondary data relating to consumers’ behaviour and brand equity. Data collected from 100 customers from two major cities in odisha. Convenient sampling method is adopted for the selection of samples. This paper stresses on the examination of the effect of purchaser behaviour and brand equity dimensions on purchase of durable products. Spearman’s Correlation Coefficient is used for analysis and interpretation in order to study the difference among the purchase value of durable goods, consumer’s buying behaviour of durable goods, brand awareness, brand image, perceived quality, brand association and brand loyalty.
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Last modified: 2015-07-29 17:58:10