Relationship between brand association and customer loyalty: The case of online retail industry

The purpose of this paper is to examine the relationship between two main dimensions, Brand Association and Customer Loyalty. Besides, the research is also conducted to test other relevant networks of Brand Awareness, Brand Equity and Customers’ Willing To Pay. A survey of which questionnaires using...

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Main Authors: Le Thai Phong, Tran Hanh Nga, Nguyen Thi Hanh, Nguyen Van Minh
Format: Article
Language:English
Published: Growing Science 2020-01-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol10/msl_2019_371.pdf
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author Le Thai Phong
Tran Hanh Nga
Nguyen Thi Hanh
Nguyen Van Minh
author_facet Le Thai Phong
Tran Hanh Nga
Nguyen Thi Hanh
Nguyen Van Minh
author_sort Le Thai Phong
collection DOAJ
description The purpose of this paper is to examine the relationship between two main dimensions, Brand Association and Customer Loyalty. Besides, the research is also conducted to test other relevant networks of Brand Awareness, Brand Equity and Customers’ Willing To Pay. A survey of which questionnaires using Likert Scale to online retailers’ customers in the North, Central, and the South (8 largest cities in Vietnam) was conducted to collect the data including 380 personally responded answers. Scale Test, Exploratory Factor Analysis, Confirmatory Fac-tor Analysis and Structural Equation Modeling were used to prove concrete relationships amongst variances, understand factors, analyze the Goodness of Fit of the Measurement model and bring about regression weights, respectively. The results authenticated that Brand Association and Brand Awareness produce remarkable effects on Customer Loyalty. Brand Association holds a cardinal importance to Customers’ Willing To Pay. Not only can the findings be of substance for academic purpose but also they make a great contribution to the development of companies of which Customer’s Loyalty is the lynch pin.
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spelling doaj.art-12fb801ae4924b1bad8d35b1380801342022-12-21T17:32:34ZengGrowing ScienceManagement Science Letters1923-93351923-93432020-01-011071543155210.5267/j.msl.2019.12.012Relationship between brand association and customer loyalty: The case of online retail industryLe Thai PhongTran Hanh NgaNguyen Thi HanhNguyen Van MinhThe purpose of this paper is to examine the relationship between two main dimensions, Brand Association and Customer Loyalty. Besides, the research is also conducted to test other relevant networks of Brand Awareness, Brand Equity and Customers’ Willing To Pay. A survey of which questionnaires using Likert Scale to online retailers’ customers in the North, Central, and the South (8 largest cities in Vietnam) was conducted to collect the data including 380 personally responded answers. Scale Test, Exploratory Factor Analysis, Confirmatory Fac-tor Analysis and Structural Equation Modeling were used to prove concrete relationships amongst variances, understand factors, analyze the Goodness of Fit of the Measurement model and bring about regression weights, respectively. The results authenticated that Brand Association and Brand Awareness produce remarkable effects on Customer Loyalty. Brand Association holds a cardinal importance to Customers’ Willing To Pay. Not only can the findings be of substance for academic purpose but also they make a great contribution to the development of companies of which Customer’s Loyalty is the lynch pin.http://www.growingscience.com/msl/Vol10/msl_2019_371.pdfcustomer loyaltybrand associationbrand awarenessbrand equitycustomers’ willing to pay
spellingShingle Le Thai Phong
Tran Hanh Nga
Nguyen Thi Hanh
Nguyen Van Minh
Relationship between brand association and customer loyalty: The case of online retail industry
Management Science Letters
customer loyalty
brand association
brand awareness
brand equity
customers’ willing to pay
title Relationship between brand association and customer loyalty: The case of online retail industry
title_full Relationship between brand association and customer loyalty: The case of online retail industry
title_fullStr Relationship between brand association and customer loyalty: The case of online retail industry
title_full_unstemmed Relationship between brand association and customer loyalty: The case of online retail industry
title_short Relationship between brand association and customer loyalty: The case of online retail industry
title_sort relationship between brand association and customer loyalty the case of online retail industry
topic customer loyalty
brand association
brand awareness
brand equity
customers’ willing to pay
url http://www.growingscience.com/msl/Vol10/msl_2019_371.pdf
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AT nguyenvanminh relationshipbetweenbrandassociationandcustomerloyaltythecaseofonlineretailindustry