Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)

The present research studies the relation between the brand equity of Bank Sepah Brand and its customers’ satisfaction.  The present research poses this question as “what relation exists between equity of Bank Sepah brand and its customers’ satisfaction?” To answer this question, 385 questionnaires...

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Main Authors: Alireza Mikaeili, Mahshid Moshiri Langeroudi, Mehrnoush Seraj, Elnaz Sharif, Hamidreza Aria
Format: Article
Language:English
Published: Action for Sustainable Efficacious Development and Awareness 2015-12-01
Series:Environment Conservation Journal
Subjects:
Online Access:https://journal.environcj.in/index.php/ecj/article/view/479
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author Alireza Mikaeili
Mahshid Moshiri Langeroudi
Mehrnoush Seraj
Elnaz Sharif
Hamidreza Aria
author_facet Alireza Mikaeili
Mahshid Moshiri Langeroudi
Mehrnoush Seraj
Elnaz Sharif
Hamidreza Aria
author_sort Alireza Mikaeili
collection DOAJ
description The present research studies the relation between the brand equity of Bank Sepah Brand and its customers’ satisfaction.  The present research poses this question as “what relation exists between equity of Bank Sepah brand and its customers’ satisfaction?” To answer this question, 385 questionnaires were distributed among the employees of Bank Sepah- selected by random sampling, East Region of Tehran  in September 2015 to January 2016. Ultimately, 60 questionnaires were analyzed by SPSS. The results showed that correlation between the two major variables of the research is significant in 0.01 equal to 0.646. Due to its  positive  value, the main hypothesis of the research was approved. Therefore, it could be concluded that there is a direct and significant relationship between the two major variables of the research. In another word, in case of increase in the equity of Bank Sepah Brand,  the amount of its customers’ satisfaction will be increased. The descriptive statistic of the research reveals that the prioritization of customers’ satisfaction dimensions includes; in order, the criteria of supporting the customer, moral and relations, actual quality of the product, environment and costs. In addition, prioritization of the dimensions of equity of brand includes- in the order- criteria of brand awareness, the perceived quality, loyalty to brand and the brand association. In the meantime, all secondary hypotheses of the research  on Bank Sepah were confirmed. The findings on demographic characteristics of the research with the dimensions of customer’s satisfaction and the brand equity are also considerable. The results from regression table reports R2 equal to 0.380; meaning that linear regression of brand association, loyalty to brand, knowledge on the brand and the perceived quality justify around 38% of total changes in customer’s satisfaction all in integrity and the residual  is the share of other variables.
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spelling doaj.art-034cb8d06c234167a1dfb7ea2e817f0d2022-12-21T20:11:03ZengAction for Sustainable Efficacious Development and AwarenessEnvironment Conservation Journal0972-30992278-51242015-12-0116SE10.36953/ECJ.2015.SE1639Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)Alireza Mikaeili 0Mahshid Moshiri Langeroudi 1Mehrnoush Seraj2Elnaz SharifHamidreza Aria3Human Resources, Semnan UniversityMarketing Major, I.A.U. Firouzkouh BranchMarketing Major, I.A.U. Firouzkouh BranchMarketing Major, I.A.U. Firouzkouh BranchThe present research studies the relation between the brand equity of Bank Sepah Brand and its customers’ satisfaction.  The present research poses this question as “what relation exists between equity of Bank Sepah brand and its customers’ satisfaction?” To answer this question, 385 questionnaires were distributed among the employees of Bank Sepah- selected by random sampling, East Region of Tehran  in September 2015 to January 2016. Ultimately, 60 questionnaires were analyzed by SPSS. The results showed that correlation between the two major variables of the research is significant in 0.01 equal to 0.646. Due to its  positive  value, the main hypothesis of the research was approved. Therefore, it could be concluded that there is a direct and significant relationship between the two major variables of the research. In another word, in case of increase in the equity of Bank Sepah Brand,  the amount of its customers’ satisfaction will be increased. The descriptive statistic of the research reveals that the prioritization of customers’ satisfaction dimensions includes; in order, the criteria of supporting the customer, moral and relations, actual quality of the product, environment and costs. In addition, prioritization of the dimensions of equity of brand includes- in the order- criteria of brand awareness, the perceived quality, loyalty to brand and the brand association. In the meantime, all secondary hypotheses of the research  on Bank Sepah were confirmed. The findings on demographic characteristics of the research with the dimensions of customer’s satisfaction and the brand equity are also considerable. The results from regression table reports R2 equal to 0.380; meaning that linear regression of brand association, loyalty to brand, knowledge on the brand and the perceived quality justify around 38% of total changes in customer’s satisfaction all in integrity and the residual  is the share of other variables.https://journal.environcj.in/index.php/ecj/article/view/479Brand equityCustomer’s SatisfactionLoyalty to BrandPerceived QualityBrand awareness
spellingShingle Alireza Mikaeili
Mahshid Moshiri Langeroudi
Mehrnoush Seraj
Elnaz Sharif
Hamidreza Aria
Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
Environment Conservation Journal
Brand equity
Customer’s Satisfaction
Loyalty to Brand
Perceived Quality
Brand awareness
title Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
title_full Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
title_fullStr Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
title_full_unstemmed Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
title_short Study the Effective Factors on Brand equity (Case Study in Bank Sepah- East Tehran Province Branch)
title_sort study the effective factors on brand equity case study in bank sepah east tehran province branch
topic Brand equity
Customer’s Satisfaction
Loyalty to Brand
Perceived Quality
Brand awareness
url https://journal.environcj.in/index.php/ecj/article/view/479
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AT mehrnoushseraj studytheeffectivefactorsonbrandequitycasestudyinbanksepaheasttehranprovincebranch
AT elnazsharif studytheeffectivefactorsonbrandequitycasestudyinbanksepaheasttehranprovincebranch
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