A CUSTOMER BASED BRAND EQUITY STUDY: PANEL FURNITURE INDUSTRY AND DÜZCE
Abstract
The aim of this study is drawing attention to the brand concept and its importance which is neglected in the Turkish forest products industry. For emphasising its importance, it is necessary to touch upon the brand equity (BE). In this context, customer-based (CB) BE, one of the BE measurement methods was preferred.
The target population is the households in the Düzce centre. Due to their popularity and awareness, the existing brands of large sized domestic panel furniture (PF) manufacturers were subjected. The business related data were taken from TOBB while the households’ were taken from TURKSTAT. The used scale was developed by Yoo and Donthu which was based on the Aaker and Keller’s BE concept. The findings were analysed with various statistical methods like cross-tabulation and chi-square.
Some of the findings are as follows: 65 questionnaires were filled out. 66,2% of respondents are male and 33,8% of them are female. 35,4% are university graduates and 46.2% have post graduate degrees. It has been found that the favourite brand (FB) of customers does not vary depending on demographic characteristics such as gender, age, marital status, etc.
If judgements were examined, it was found that: the chosen FB varies depending on: being the first remembered brand, being the first brand preferred as PF, having costlier advertising campaigns than the competitors, often having advertising campaigns, having the experience and deeply rooted history, trust on the brand, recognition of the branded products, distinction of the brand from the competitors, rememberability of the some properties of the brand and effective brand advertising. So, For Düzce: the CBBE has been formed by brand awareness and brand associations dimensions. It is suggested that the firms that want to increase the BE and hence the profitability in Düzce should place importance on these points.
Keywords
References
- [1].Oliveira-Castro, J. M., Foxall, G. R., James, V. K., Pohl, R. H. B. F., Dias, M. B., & Chang, S. W. (2008). Consumer-based brand equity and brand performance. The Service Industries Journal, 28(4), 445–461. doi:10.1080/02642060801917554 [2].Erdem, T., Swait, J., Broniarczyk, S., Chakravarti, D., Kapferer, J.-N., Keane, M., … Zettelmeyer, F. (1999). Brand Equity, Consumer Learning and Choice. Marketting Letters, 10(3), 301–318. [3]. Pappu, R., Quester, P. G., & Cooksey, R. W. (2005). Consumer‐based brand equity: improving the measurement – empirical evidence. Journal of Product & Brand Management, 14(3), 143–154. doi:10.1108/10610420510601012 [4]. Lassar, W., Mittal, B., & Sharma, A. (1995). Measuring customer‐based brand equity. Journal of Consumer Marketing, 12(4), 11–19. doi:10.1108/07363769510095270 [5]. Atilgan, E., Akinci, S., Aksoy, S., & Kaynak, E. (2009). Customer-Based Brand Equity for Global Brands: A Multinational Approach. Journal of Euromarketing, 18(2), 115–132. doi:10.1080/10496480903022253 [6].Koçak, A., Abimbola, T., & Özer, A. (2007). Consumer Brand Equity in a Cross-cultural Replication: An Evaluation of a Scale. Journal of Marketing Management, 23(1–2), 157–173. doi:10.1362/026725707X178611 [7]. Baalbaki, S., & Guzmán, F. (2016). A consumer-perceived consumer-based brand equity scale. Journal of Brand Management, 23(3), 229–251. doi:10.1057/bm.2016.11 [8]. Washburn, J. H., & Plank, R. E. (2002). Measuring Brand Equity: An Evaluation of a Consumer-Based Brand Equity Scale. Journal of Marketing Theory and Practice, 10(1), 46–62. doi:10.1080/10696679.2002.11501909 [9].Yoo, B., & Donthu, N. (2001). Developing and validating a multidimensional consumer-based brand equity scale. Journal of Business Research, 52(1), 1–14. doi:10.1016/S0148-2963(99)00098-3 [10]. Aaker, D. A. (1992). The Value of Brand Equity. Journal of Business Strategy, 13(4), 27–32. [11]. Ioannou, M., & Rusu, O. (2012). Consumer-Based Brand Equity: A Cross-Cultural Perspective. Journal of Promotion Management, 18(3), 344–360. doi:10.1080/10496491.2012.696462 [12]. Daniel, W. W. (1999). Biostatistics A Foundation for Analysis in the Health Sciences (Sixth.). John Wiley & Sons, Inc.
Details
Primary Language
Turkish
Subjects
Engineering
Journal Section
Research Article
Authors
Nadir Ersen
This is me
Tutku Üçüncü
This is me
İlker Akyüz
This is me
Kadri Cemil Akyüz
This is me
Publication Date
December 15, 2017
Submission Date
December 7, 2017
Acceptance Date
December 8, 2017
Published in Issue
Year 2017 Volume: 6 Number: 3